The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
The Company has entered into a US $1,400,000 Financing Agreement with Koenig Vermoegensverwal MBH. In addition, the Company has entered into a Loan Agreement of US $ 150,000 with Robbie McCrae, the CEO of Caracal.
This funding will be used for key expansion projects, including Phase 2 of the Minopex work program, Heap Leach Plant, Crushing & Screening Plant, Milling Plant, Thickener Plant, CIL Plant, and Gold Room.
Our momentum is back, and we're all set to complete the expansion funding process!
Same as the amount this is going to bag when Vim Rutha kicks off.
Robbie still seems to be aiming to be mid-tier in a few years. That's 100MCap. If it gets halfway there it'll be fantastic.
Just done my research on this again. The potential is huge. Any issues from previous seems to be being cleared one by one. Surely this wouldn't be happening if dormant or dying. And Vim Rutha. Good grief.
And this is just Kili. Not Vim.
Mine plan
This is 0.5-0.6 prior to news. 1p on news. 2p then on depending.
All passed,
Still waiting for you to leave Watcher. Or were you all talk.
Https://caracalgold.com/wp-content/uploads/2023/09/Caracal-Shareholder-Cover-Letter-11.09.2023.pdf
My take on it also
We are discussing the negatives Bebeto. You.
Apparently it's being posted today. Do suggest you all watch it. I thought it was reassuring and very positive on the whole.
Very good indeed.
Lot of work going on.
Https://twitter.com/CaracalGoldplc/status/1682299468257918976?s=20
Good morning
@CaracalGoldplc
Twitter.
We hope everyone had a good week. Kilimapesa had a really good week, the high grade stockpile that had been built up was processed through the Mill after its TLC week. Smelts recommended and next we will be back to two a week soon 👍🏻.
Exploration, mining and plant had good weeks. The quality of the photos is definitely improving, the photos from mining this week we think really show the progress and professionalism of the teams activities.
Kenya Mining week was a great success and we were a gold sponsor - and proud to be one of the companies pioneering Kenya mining.
The final version of the independent mine plan has been received and is being reviewed this is one the last big steps for the Kilimapesa expansion financing.
Robbie and ex NED director Amb Kazungu have been in Dar es Salaam for the week working on the TZ JV.
On a sad note Rachel resigned from the Board, the Caracal team would like to thank her for her support and valuable input and calm head during the last 6 months. We wish her all the best. Some possible BOD members will come out of the financing and JV processes - exciting, experienced candidates for sure.
Do they show exposed gold? Blimey.
Before the storm
Agreed. But we may start to see a rise as few people sell and people start to take positions. Be plain daft to sell now unless you need to.
Get a room.