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I've not posted in over a year on here - I had to take a break for my own mental health because being heavily underwater really got to me.
My own fault, but I've come to terms my investment in the £10,000's is unlikely ever to reach my break even point.
What a shower this has turned into though, It has been about 15 months since I lasted posted and literally nothing has changed here - it has just got worse.
Anyone reading this board, just don't do it unless you are into extreme high risk investments. I've lost my shirt, I don't wish anybody else to do so.
The below is interesting though, found our new funding perhaps?
"Evrima is, an investment issuer listed on the AQSE Growth Market. The company has an investment strategy focused on the identification of opportunities in the mining and exploration industry. The company is engaged in identifying opportunities that can deliver growth on a direct basis through active investment positions or indirectly through existing opportunities that may require capital, respective skills or a combination of both to support growth. Evrima, will look to creatively enter and structure investment opportunities where the underlying commodity and the asset are aligned in its growth profile."
Vultures are here I see.
Just a reminder:
• It's a producing mine with a decent MRE
• Vim could potentially double the MRE.
• We bought a potentially huge asset in Tanzania last year.
• The market cap yesterday was £7mil
Granted, the financing is an absolute mess, but if they were to firesale the entire outfit I'm sure they'd get more then £3-4mil (0.23p?!)
It's not going up tomorrow, you can tell from what is being posted tonight what people think without even reading the RNS which is going to translate to panic selling tomorrow morning.
In all honesty, at 7 mil (or less) market cap, there is still a lot to play for here.
The financing is an absolute mess, but somewhere in there is a producing mine with massive reserves, and potentially even larger reserves at Vim.
TW has also been promoting KEFI which has once again kicked the funding can down the road, for about 5 years running, yet you are worried about the funding etc here dv?
Not bashing Harry and the company on KEFI board for constantly letting share holders down?
We can all see what game you are playing...
Even this morning you said:
"No 7am RNS = bad news on the way at the AGM imo. Depending on the mood music might put a buy order in at 0.25p in the 'hope' that the monitisation of the assets is not completely derailed....."
Now you are saying the GCAT is worth 0 and TW is our savior?
Which is it then? Are you in at 0.25, or shorting us to 0? Idiot.
Guys, it's on his computer, he just needs to read through it before releasing...
I feel like a mushroom again, the last 6 months have been awful for RM keeping us up to date - not sure why I expected anything less today.
Just ignore dvharrison, his posting history is there to be seen.
You have to sift through quite a lot because he spends all day posting, but you can see he flip flops his opinions based on his trading position.
He's not bashing KEFI (another goldy) is he? Even though funding there has been a shower for YEARS with multiple dilutions - but guess who promotes KEFI? Yes, TW.
dvharrison - confusing post.
You have been pro GCAT for a long time.
"wonderful opportunity to buy at around 0.55p...and i did thanks. Some peeps are 'giving away' their shares lol"
"2 top ups for me as drop on opening overdone. SP will be 0.6p+ later. Have a great day and log back in at 4.30p..."
These are your quotes from a week ago? What a mug.
"Despite [Caracal] being an exciting company I made the decision to resign as I had not made the progress I felt was needed in my agenda to bring transparency, clarity of reporting and long term financial planning to the company. "
I interpret it totally different tbh Legal.
I read it as him saying he'd not made the progress he wanted to make and is taking responsibility for it, so resigned?
After the RNS and this statement, I just feel he's been pushed out.
Everyone can read into the RNS and his statement differently though I guess.
I don't think now is the time Bebeto lol.
I agree he hasn't done himself any favours, but the CEO stepping down isn't going to help us get a new finance deal right now.
We just need some sort of stability and as others have said "get back to the basics".
There is a load of doom & gloom on here, but in reality GCAT is worth more than the current SP suggests.
Just the risks involved have become much more intense since the funding fell through.
I think the majority of people who have been selling have just lost faith in the company/CEO, but all it takes is a few good RNS' and targets being hit and people soon forget.
I'm sitting on a substantial loss (for me), but haven't sold a share - infact I added at 0.59p a few days ago.
We just need RM to start giving us something to work with, we need Q3 results out the way, confirmation the other funding is still going ahead in the short term. That will stabalise the boat.