This stuff about funding really is a load of utter tripe. It's becoming absurd. "There's a tree over there""Is there""Yes""Is it made of wood" "Well 100% yes it is""There's a prat on LSE who would argue otherwise"
Would the Chinese put in a bid for Caracal and would Robbie be interested? Would Caracal Shareholders be interested?
The Chinese government is squirreling away tonnes of Gold and we know how they are reaching their tentacles into Africa with loads of discreete JVs and takeovers.
Even the Chinese population are believed to be hoarding billions in gold bullion.
Caracal has proven they now have massive reserves why produce when you can just sell the whole lot.
If we fall 5%, 10%, just because of a delay to the RNS..an RNS.that the market is in truth now expecting because that is what was said would happen , we need to find that rise just to stay level.
I'm sure we will but be nice to keep market absolutely on side and not lose momentum.
This is so derisked and and they are so confident, its now about high high it can actually go. And yes we only are weeks away from full production, with mote doscory analysis to come, truly amazing.
JORC compliant 1,300,000 I'm beyond staggered as to how much that is worth at todays closing Gold price. Yes we have capex extractions costs etc etc but these are light so where on earth do those fiigures take us annually ?