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Antagonising with replies. That’s all you ever do with peoples posts Bebeto.
I for one think Robbie works damn hard and once they have the right people in the right positions in the company he can crack on and concentrate one what he’s good at. Since taking on Caracal he’s tried to be everything and no one can do that well or successfully.
Once they get new board members and a CFO things should look better and the company run better too, and hopefully our Chairman will be more involved and this is communicated to shareholders so we know and understand what he’s doing for our company.
Come on PKF, let’s get this audit out and let Caracal move forwards for the benefit of us all.
I’m most definitely not running scared Bebeto. Far from it. With all the nonsense you’re posting that sounds more like you are….
Citing HNW isn’t a weak comeback whatsoever, there’s not many HNWI’s out there that chuck $780k into something in the hope it fails so they can declare the loss for tax purposes.
You feel the need to argue down everyone else’s points, opinions, even facts, but expect everyone to accept yours, the fact you post so often says it all really. I’ve been on LSE several years now and have posted 242 times, you however have posted 3,321 times, we both joined LSE in 2018 a few months apart. Like I say, says it all really.
Caracal is no different to so many other AIM and Main market listed companies then repeatedly make promises and fail to deliver. Some go under, do a reverse takeover or continue and tune thing around. By they’re are many far worst run companies than Caracal.
Funding collapse was down to a legality, not Robbie’s failure. He’s worked hard to keep the company going to date, although I agree, he has most definitely overtones and under delivered. But when you’re trying to run a company single handed and be everything to everyone he’s bound to drop some balls and make mistakes. How he’s learns from this mistakes is key. Let’s hope he has.
We have a new Chairman, I say new, he’s been in a while now but we never hear from him, he never communicates to us shareholders, in my view he’s failing us more than Robbie but that’s purely based on the fact we know nothing about what he’s doing, how he’s helping or what he’s achieving. If anything.
Once funding hits and we get new board members, as has been RNS’d, hopefully Robbie can concentrate on his key skill areas and let others do the things they’re good at.
At the end of the day we all want this to succeed, I’m convinced it will, eventually, and we can all laugh at your posts, scaremongering and nonsense posted on what clearly is your only job and purpose in life here on LSE. I certainly don’t have the time, or care to post as much as you do. I’m only posting this and taking the time to do so as I’m waiting in a BT engineer to fix my broadband.
@Bebeto…….AGAIN
You say you’re not bothered about old articles, but you had just posted info from October 2021 in your message immediately prior. Make your mind up or are you just telling everyone else what to do and ignoring your own advice?.
If you’re not bothered by old articles why quote them?
Bebeto, I don’t feel the need to big up Robbie or constantly post positive things just because I have a holding here.
For me it’s been a long and very frustrating 18 months almost, not ideal by any means but am I worried, no, not much at all to be honest as even if the funding doesn’t land straight after re-listing they have other HNW individuals waiting in the wings who have already sunk quite decent sums of money into this and they won’t want it to fail due to a lack of funds, so I’m betting they’d be more than happy and willing to offer more funds if they’re needed, to protect their existing investment, they’re not stupid and only invest if they are very confident of a good return.
I pretty sure we’re close to getting ducks lined up and newsflow starting and being told that the company will come back fully funded, and reading the way last nights RNS is worded suggests to me that funding is all but waiting in the wings for things to get back to normal and prospectus sorted, accounts/audit done and we can move forwards.
People here are just seeing the basics and seeing just negatives and constantly posting negative comments to fuel others fear and scaremongering.
A lot of non factual posts too which doesn’t help.
I’m not wearing rose tinted specs either, I’m just seeing things for what they are and taking all past information into account and keeping a level head based on the facts.
I remain cautiously optimistic of a good outcome here and will continue to do so until official news comes out to the contrary, although I don’t think that’ll happen.
Wow, between Bebeto, TheMoss and Greg25 there’s not much positivity going on here!!
You guys are clearly not reading the RNS’s and looking beyond the suspension.
More than one HNW individual have put a lot of their bed earned cash into this over the last several months, HNW’s don’t do this unless they have information to hand that assures them they’ll get a good return.
Auditors are slacking and letting us down badly, yes of course the company didn’t get on it when they should’ve done, but it’s not all their fault that we’re still suspended. Some responsibility, but not all.
They have 1.3m oz resource, they haven’t done much exploration since, or advised us of any, to increase this as yet but we do know Vim Rutha has a lot of potential, just time to drill, analyse and get the results out to market.
Financing is in the wings, mining plan amended at the request of the funder so ready to go now and board changes in preparation for new directors from funders (Apparently) As far as I’m aware, after my research and more, financing is still in place and awaiting final steps to confirm it, I’m guessing this is after re-listing, audit complete, accounts sorted, prospectus signed off by the FCA and away we go.
Everyone places all the blame at Robbie’s feet, but there is a Chairman involved, what is he doing? He should be involved in day to day running, Audit and more so blame lies at all members of the board, not just Robbie. One thing I do know is, Robbie is a grafter and then some and all he wants is for Caracal to be a success just like we all do.
Once prospectus sorted and the other things signed off this will move forward in a much better place, new board members will help to keep everything on track in the future, confidence will return, despite all this Greg25, Bebeto and TheMoss will no doubt still find something to complain about.
I for one remain positive, this is one of my largest ever investments and I still believe we’ll be back trading soon and things will progress.
Dead duck, definitely not. All monies lost, nope, 40% chance of re-listing, ridiculous.
Unlike you three I don’t feel the need to post here that often, you keep posting saying people should only state facts etc, rake your own advice and do the same, keep it real rather than spouting nonsense and unsubstantiated drivel that you seem to do daily.
Let’s just wait and see, in the meantime let’s go with facts rather than made up rubbish.
An update would be nice just to know what’s going on, how recent monies raised has been spent and a general update to ease frustrations but otherwise I’m positive that all will be well here soon and you three will probably go rather quiet lol
Bebeto
Thanks for the financial advice but I don’t we all need to be told to read RNS’s and how to go about our own investing decisions.
Listening to you certainly isn’t a good idea that’s for sure. You’re talking facts and look at the facts yet you’re the spouting nonsense and non factual statements / comments.
Listen to your own advice and post facts not rubbish.
Or better yet, don’t bother posting at all and do us all a favour….
Greg
Make your mind up. Ramp it one year then state it’s worthless.
Nothing is lost until we’re told it is so making such ridiculous statements is not helpful or worthwhile.
Personally, with all the monies raised and HNW individuals putting money in this I’d say we’re far from a dead duck.
Let’s wait and see who’s right shall we, but whoever is wrong has to post an unreserved apology on here for all to see, read and laugh at.
Are you willing?
For me, RM was definitely overly positive in his interviews.
Overly excited
Overly optimistic.
Did he promise things, no he didn’t, but he definitely gave the impression things were going much better than they turned out.
Could he have known this, no he couldn’t, but in hindsight I’m sure he looks back at his comments on various points and wishes he’d said things differently. Container his enthusiasm and been a bit more realistic.
I believe he’s learnt from these interviews.
He definitely didn’t have a clue about the funding collapsing, no one could’ve foreseen this so out of his hands completely.
But for me, I invested based on my own research initially but the invested more based on his interviews, his passion, excitement, figures he was mentioning and more. I still believe, in time, this will come good and he will deal with things a lot better. More so with a new CEO, a new CFO, new board members from the financiers and especially when funding lands and we have (hopefully) Empress on board as they are hands on and want to help, advise and grow the company, it’s in their best interests too.
I like Robbie, clearly he’s a bloody hard working lad who wants Caracal to succeed, I think he got a bit carried away with some of his comments for sure but his passion and enthusiasm cannot be faulted. He’s put his own personal money in too and we have HNW’s stumping up cash so for me I’m comfortable sitting here with my holding and looking forward to 2024 and beyond.
Tweets showing progress also give us comfort and confidence things are moving and work continues apace.
Caracal, will, eventually, be a good story to look back on in my opinion.
A knife edge is simply your opinion.
The FCA was known to be understaffed, it was reported openly and known to be delays.
I don’t believe we’re on a knife edge here, yes it’s not the best situation right now, or over the last 15 months, but we do know a lot has been done behind the scenes and work continues apace.
Knife edge. NO.
And I’m not flapping at all. I’m quite happy with my large ish holding here and looking forward to 2024 and beyond.
I wish Itsyou he would defect…..to another board
@JC - Your posts have been well written and very clear imo. Don’t think you could be any clearer.
@Itsyou - Clearly you’re not grasping what JC is saying or asking and you are simply ignoring his questions and points and clearly not reading his posts properly.
Itsyou is clearly one of those people you just cannot have a reasoned, balanced and sensible conversation with.
Bebeto isn’t far behind.
We’re all frustrated with the current situation, no doubting that. We have lots of new shares to be issued, not ideal but it’s kept the company going. They had some downtime in January, again, not ideal but replacing, repairing and upgrading equipment is essential so it happens. We’re back to mining and producing so that’s a positive.
The RNS stated the audit is in final stages and two teams are dedicated to getting it completed. Another positive.
They’re pushing to get the prospectus approved. The FCA are under pressure, under staffed and have a huge backlog, that doesn’t help us but hopefully we’re nearing approval. A pending positive (Hopefully)
As soon as the audit is complete and accounts released we will come out of suspension. It’s very unlikely at this stage that this will not happen so….a positive.
Some HNW individuals have put a lot of personal cash into Caracal, these type of people don’t part with their cash easily or without knowing they will get a good return. They will have information we don’t to get them to part with their cash. Another positive.
PoG has risen nicely and currently holding around the $2180 mark. This is almost $500 above mining plan figures based on $1700, AISC at around $1200 so looking like a nice tidy profit per oz once production ramps up. Even if we’re only doing a few hundred a month it’s profit that helps keep things moving forwards. Positive.
We have Emoress waiting in the wings with $5m reserved and waiting to be handed over. This is the biggest plus as Empress are hands on, they get involved, I’m sure they’ll likely have someone on the board if they go ahead with their investment, I can only see their involvement as positive. But, how long are they willing to wait? Fingers crossed the mining plan is amended to their satisfaction and both parties sign on the dotted line. An on hold positive that we hope doesn’t turn into a negative (We don’t want a repeat of Jan 2023)
That’ll do for now. Plenty to digest if you go through the RNS’s like Jerseycrew suggested to get a good overview of all that’s happened. It’s not all good that’s for sure, lessons have been learnt and still more to learn but there’s a lot to be cautiously optimistic about.
I’m sure we’ll have news very soon, hopefully before month end but all we can do is wait, in the meantime let’s try to keep posts here balanced informative with facts, if you post incorrect info prepare to be corrected, if you get it w
Itsyou, not sure you’re following posts very well here and seem to be arguing points without fully understanding. But never mind.
I’ve followed posts here for a long time now and always found Jerseycrew posts to be well informed, balanced and worth reading. They do have a positive vibe but why shouldn’t they but they’ve also been balanced when things aren’t so good.
He’s also noticed any financial advice that I can see either.
Bebeto, I don’t think he’s flapping either, your posts on the other hand!!
As for me, I’ve been holding here for a long time now, of course delays, bad news and failed promises are frustrating but here we are, a decent RNS last week confirming we’re still going, work progresses and we’re producing gold. I’m happy with my reasonably large holding here and remain calm and look forward to all the news that’s due.
@Bebeto
Money may have been spent on TZ area but if that leads to having a better idea of what’s there that then leads to a JV the great.
Yes, maybe money was better spent at Kili but we’re still here operating and producing, and indications are that it’s 2 years to TZ being a productive producing mine but needs plenty of investment to get there. Hence the JV.
To me there’s been a lot of negatives of course, setbacks, delays, but the company is still going, they always manage to raise funds from HNW individuals, they have interest from Empress with at least $5m funding reserved for us, so negatives aside there’s lots of positives here and plenty to come from the company with a great future ahead of us.
So we’re now approaching almost 2 months since they announce the funding for the first Whote Label transaction.
Still no news. If each transaction takes this long to complete I’ll be a bit worried.
At least give us an RNS with an update on where they’re at in the process….
Why has RM fraudulently lent the company money. How is that fraudulent, what a ridiculous comment!
And, we don’t know when the auditors were appointed, all we know is they’ve been on-site, more than once, and are working through the very lengthy process.
Yes, it is frustrating to say the least and we’re all in the same boat here. But it’s ongoing, tweets have given some info on progress and clearly it’s taking longer than any of us expected.
It would be nice to get an RNS telling us where they’re at right now, and also what’s happened on-site in regards to how the recents monies raised have been spent and how far along they’ve got on all the things they listed in the RNS that the money was to be spent on.
Waiting is all we can do but I for one am confident this will be back to trading in the coming weeks (no idea how long though) and progress will be made.
Some of these posts had me laughing out loud…
Getting accounts out is a simple process…REALLY??
It’s not some accounting person sat there typing a few figures into a spreadsheet and hey presto.
As previously mentioned, it’s a very long report, 79 pages ish, plus auditors were needed on-site to value all the equipment, ensure everything paid for is accounted for and more, this is not a quick, or cheap, process.
Seriously, some people here should not be investing if that’s their view of a company’s regulatory requirements.
I for one, whilst yes disappointed with events so far, understand the hoops being jumped through and running a gold producing company with a very limited number of key staff to manage it all.
I think so far they’ve done a pretty good job of it despite the failures, they know it and they will get better as each week, month and year passes.
Patience will be rewarded.
The board has been re-shuffled pending new appointments from the pending financiers. More management and skillsets to get this company, and the SP, to a much better place.
A lot of good news due, sit back, relax and watch it all unfold.
GLA
It sure the number of notified trades can result in this rise. Maybe some large buyer in the background with delayed notification, maybe after hours, or news is leaking?
Or maybe just nothing at all……
We all know WL is due very soon, it’s been a very very VERY long road but AZ and al at SYME appear to be getting there. Albeit slowly.
Fingers crossed 2024 is the year for SYME and all us LTH
Happy New Year to all holders.
I’m sure 2024 is the year for GCAT. All we can do is sit back and wait for news to flow, and hopefully good news all round.
I’m sure Robbie and the whole team are working hard behind the scenes to make this a good news story for 2024.
All the best everyone 👍