Member Info for Bebeto

Cynergy looks to have structured themselves for the Tanzania asset, if it all goes down.

Just goes to prove, that HNW individuals are really no better than ordinary Investors.

But corporate investors, do their research and also have the ability to renegotiate deals.

I think RM did a number on them, and they absolutely refused to believe the negative argument or even counter it with known facts.

I went through all the production updates, and it was all smoke & mirrors, whereby things were changed or not printed mainly to make it harder to compare one update against another.

For instance, when it was high-grade throughput the gold was measured in sales, and when it was low-grade throughput the gold was measured within the system, but the system didn't account for gold losses from various factors, all the way to sales. Ranging from 20-40% difference on average.

It should all be one standardized format, whereby production to sales can be clearly assessed.

Another trait RM had was to get people to focus on other things that was nothing more than a distraction technique, from the current situation.

He's probably a nice fella but once you see , you can't unsee.

I wouldn't say the GCAT story is over , until they say it's over because has RM always remained to have the ability to raise desperate funds at desperate times.

It's not the end but the company is in a very precarious financial position.

Everyone's trapped in here and there's nothing anyone can do.

The company seems to be going from one drama to the next.

I'm doubtful it will come back but you never know with these things.

Cynergy holds the key to the future, I feel.

It's structured so that Cynergy gains a direct stake in CH, not in Caracal Gold PLC as a whole.

I expect them to hold shares in GCAT, through a fundraising, at some point in the future.

I'm expecting Cynergy to take an equity position in GCAT at some point in the not to distant future.

They just needed to publish them and move onto the next item.

For investors, it's better to have a standardised reporting method, in order to make informed decisions.

The mining permit has given them a lift in moving forward.

Why not include them in the RNS? we know they won't be pretty but why not turn a new leaf and be transparent.

You have no real option but to vote yes.

A no vote doesn't help anyone.

Foresee this months ago, I just want them to relist with $5m in their account tbh.

They need shareholders vote for the prospectus.

It's good news for all shareholders for sure

Well that's a value creating RNS.

JC- you must be delighted with that.

There is value in Tanzania, they have a JORC proven asset with an imminent mining permit.

It all depends on how the company can develop it further.

JC,

Nobody wants to see the company fail, and personally, I don't like to see any shareholders lose money but it's the management's responsibility to make sure that doesn't happen and it would have absolutely nothing to do with someone sharing their opinion on a bulletin board like this.

LOL I made one comment that Brewer's Marula 6 bagged whilst this went backwards and people still can't get over it.

Muldoon, I don't promote other shares, for the above reason but companies don't multi-bag for no reason, GCAT listed at 1p and never bagged.

sw10000, I do actually wish you all the best, I do believe you invested a decent amount here in good faith.

It's suspended for poor governance by not fulfilling it's regularity obligations for listing requirements.

I can't wait to sell, there's far better opportunities within the mining sector currently.

JC , wish you all the best.

I'm beyond caring, just want this to relist so I can get out.

If you really believe this company will do well, there will be some cheap shares for you all pick up, when it does relist.