Member Info for Hodgeyd

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.

Wooohooooooo lol

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 👍

Some of the money loaned was to pay for the audit and get the accounts sorted, previous fund raising was to pay for the costs incurred for the financing deal.

Going by their tweets there clearly making some money to be able to pay for upgrades and new equipment.

Bebeto, you’ve been negative on Caracal from the start, as soon as it’s out of suspension sell up, leave and close the door on your way out. I’ll lock it from the inside so you can’t return…..You say you’re invested here, do your research. Look at production, do the maths,….ok they’ve had a few setbacks, what young company hasn’t.

Support your investment and believe in why you bought in on the first place. Unless you bought in on a tip from a mate of a mate who knew a guy he bumped into in Aldi who overheard a chap talking about Caracal.

Gunster

It makes a big difference. They’re mine plan is based on an AISC of $1700, with PoG currently at $2065 that’s $365 an ounce more which equates to about $220,000 a month based on previous production of 600 oz a month.

That’s pretty good and just because they are suspended and don’t have accounts out yet or a Q3 report they’re still producing and making money. More than they expected based on their mining plan.

Q3 production I believe was affected by some kill downtime, but soon we’ll be expecting Q4 results too to give us a better idea of where they are plus news on what works have been done to expand pending the bigger funding being announced.

Lots of news due, can’t wait to see this company after Q2 2024, it should look very different indeed.

@Jersey. I echo your comments and sentiments.

Robbie is juggling a lot with not a lot of support, like you I believe this will transform through 2024 and he will get that support, and the cash of course.

Caracal are producing, PoG can only be a big positive right bow and the months ahead. When gold was around $1970 they were selling their oz for $1900 which I thought was amazing.

So much to come here, yes we are in suspension, but this will come out, prospectus will get approved, financing deal will be done and 2024 will be a damn good year for all shareholders here.

That’s my belief. Been here long enough and underwater right now but not concerned at all and just patiently waiting for all the ducks to line up and for the company to leap forward.

So much negativity here, I can understand why due to things taking longer than expected , but look at the facts and there are plenty of positives to take

A raise of almost £100k at a price above the current sp, 50% above. The HNW involved must have some info that tells them their money is safe and the future is good.

RM has loaned the company $40k. Might not be much to some but a decent amount and shows confidence imo.

Yes, financing and prospectus have taken a lot longer than anyone expected, but I’m sure it’s being worked on and things are getting done behind the scenes.

We’ll have Q3 report soon too, there was some downtime in the quarter, but the event was handled brilliantly by the team to get repairs done and operational in such a short time.

New equipment is waiting in the wings ready to go once financing in place. A lot of work done to prepare for works to get underway full steam ahead once financing in the bank. Upgrade galore planned and approx 6 months to achieve 2k oz a month production.

In the meantime, geology works continue, exploration ongoing and hopefully more to come and resources increase on the cards at some point.

Of course I’m disappointed the SP is languishing where it currently is but positives are a plenty here and all we need is a bit more patience and things will turn quickly once news flow starts.

I think things here are moving along in the background.

A while ago I did a LinkedIn search and only found four or five people employed at SYME.

A search today results in over 20 people currently employed.

That’s a big change.

This suggests that a lot of work is going on and progress is being made.

We may not get any real news until mid to late Jan when results are released, last ones were 20th Jan 2023 so hoping similar time next year. Not that long to wait.

I for one have confidence here, yes it’s taken so much longer than we all expected or wanted, but this project was huge, AZ was dreaming a couple of years ago thinking it was imminent. But having achieved first IM’s both in Italy and the UK, and they announce that each IM would not be separately announced, I can only assume that they are going to drop the news all on one go and announce multiple IM’s.

White Label must be on the way too, sometime in 2024 I think, and this will open up a nice tidy income stream.

How good this will be who knows, but there’s a lot to be positive about

GLA all holders

Watcher36

We’re all waiting on some news and solid updates. I don’t see it as an insult at all. It’s good to get the tweets and see what’s going on each week. Gives me confidence.

And no news on financing to me, at this point is ok, if it had collapsed we’d have been told by now, so my view is work is ongoing in the background and we will hear once it’s signed and drawn down.

RM told us quite clearly that financing wasn’t dependant on prospectus, I’m assuming this hasn’t changed.

We’ve also been told the Financiers are going to put someone in as a director, maybe this is taking longer or other finer details being resolved.

Who knows, but I’m confident things are happening that we don’t know about, but we will soon find out once it’s released.

There’s an awful lot going on here, a new conveyer to get them up to 500tpd throughtput is good news too. Clearly things are being done on-site to improve production, every little helps, at least until finance is in and we can go full steam ahead with all the new equipment and increase production to 2k oz a month, which we were told would take 6 months to achieve. Not a bad timeline.

And, we have news of the TZ JV due too, and with the Bank of Tanzania wanting to buy tons of gold, this may push our licences to be issued, even though we’re two years away from production there.

A lot to come here and I’m waiting patiently (and a little impatiently) for all this news to start flowing.

Roll on Q4

I sold 6m today at .11p but it’s not showing in the trades.