Member Info for Greg25

Also has GGP got more than 500% growth left in the tank? Because GCAT will do it this year no doubt

5p in H2 and 10p in 12mnths coming here!

Robbie McCrae, CEO of Caracal, said, "Our focus at Caracal is on rapidly delivering on our strategy of becoming a +50,000oz p.a. producer and building a JORC compliant resource base of +3Moz within the next 12-18 months.

Kilimapesa and surrounding area has the potential to be upto 3m oz and they are driving up the resource right now drilling it. Tasmania has 1m+ oz which will be drilled next. 3 +1 = 4m+ oz JORC resource and combined with 24,000 oz production.

Easily worth more than £160m MCAP aka 10p

Don't have to rely on 50,000+ oz production for 10p just have a look at GGP they produce NOTHING and what's their JORC resource going to be? under 10m oz. They also have 3 times more shares. GCAT only has to increase their own JORC to less than 5m oz and production to 24,0000 oz to be worth over 10p. Remember that's only £160m MCAP.

5p in H2 and 10p in 12mnths

Gold price will help push us towards 5p in H2

5p in H2 and 10p in 12mnths

My honest opinion ;)

Glad to see the back of Novum and the rest of the moaning 10% traders. This one is for real investors looking to make serious money,

You'll see

We shall see don't forget this was worth 1p having production under 500 Oz and 670,000 Oz resource.

H2 is going to be considerably higher in both

My prediction 5p in H2 and 10p in 12mnths

Why worry this will be 5p in H2

Anyone can see it's 5p minimum here without too much of a stretch in H2

Just a bit of a Le Coq up with the RNS's causing more confusion than what should have been taken as great news.

Whatever way you look at it we're seriously undervalued here!

Mickey 1122 I'm extremely bullish too and have given my predictions but if it went to 4p instead of 5p would I be disappointed? Even though I'm confident of 5p ;)))

Why don't you just sell and move on instead of moaning like a little school girl

Was it really that bad? The company have clarified their mistake. I'm glad to see weak hands sell for a loss at this range infact get rid of all the 10% traders.

This will be 5p in H2 and 10p in 12mnths.

If in any doubt sell

Amateurs goal is to buy in at the bottom and anyone with half a brain builds a position with one buy, they knew what they were doing and that's the end result. These 10% guys really...

Who cares I topped up the SP will be 5p in H2 anyway!

Another poster who thinks 1 + 2 = 3 and that's how the markets work.

Thankfully they'll be long gone at 5p with their £5k profits LOL :))))))

" Its aim is to rapidly increase production to +50,000ozs p.a. and build a JORC compliant resource base of +3Moz within 12-18 months from its listing in August 2021. "

Will be more than halfway by H2

SP will be 5p by then and 10p in 12mnths

This is the cheapest and most underrated gold producer on the market. Mainly because it's a new company only listed last August.

The SP should be currently 2.75p after today's announcement so 5p is clearly achievable under the current expansion plan.