They're working really hard and keep delivering. It will come still early days so if you're already invested then you'll do really well here as all you have to do is relax and hold onto your shares ;)
They have 250m options and warrants with a strike price of 2.5p. If I had them I would be wanting the SP to be in excess of 5p before taking them for minimum 100% return. There's your 500% minimum return :)
Yes all in relation to the next 12mnths, 25k Oz would be just over 2000 Oz per month. Explore Kilimapesa to over 2m Oz and another 1m Oz at Nyakafuru and just maybe another asset in Uganda possibly adding 1 to 3m Oz . I think overall 5m JORC compliant resource with 25k Oz production by end of year.
Its ok mate everyone's entitled to their opinion. I know I'm come across as extreme bullish but I'm really relaxed and 100% behind the BoD/ company. This is a life changing opportunity for investors and I've seen too many people sell to early ;)
200% is in the trader zone for me. As an investor it's 500% minimum as I only look for high growth opportunities. GCAT I'm not taking anything off the table untill it's 1000% and that's only 10p. Halfway where this is heading!
RE: Jason’s telling us . Just out12 Jan 2022 20:26
gshivers it's a very rare opportunity to buy in at this price range for a gold producer. You don't want to be looking back in 3 to 5yrs even 10yrs time and regret a life changing money opportunity.
RE: Jason’s telling us . Just out12 Jan 2022 20:05
They aren't just accumulating assets they're integrating assets into them. Local workers families owners infrastructure subsidiary companies. They're going to be a big player doing it the right way with everyone behind them leading by example getting everyone onside. Massive growth potential is enormous.
Seen it all before, who remembers people saying GGP wouldn't reach 10p? SB sold his massive holding when it got there wonder what he's thinking now or upto 34p?
My target is 20p+ in a couple of years 5p+ & 10p+ is this year. Just look at the forward plans and not the today to day stuff.