Member Info for itsyou

From what I was told, the CLN was at a premium of 1.5p. Maybe the funder pulled out?

Headder,

Before you score an own goal, it's always best to read all the RNS'. Especially the one on the 14th Feb

"As a result of the funding announced today, the Company will not be proceeding with the previously announced convertible as announced in the RNS dated 7 December 2022."

- "Plenty of investment has taken"

CEO buying £42k's worth of shares(not a token amount as well), then doing a placing? Wouldn't make any sense to me, especially when they've already raised a further £2m recently. Question I have is, why didn't he buy cheaper at the latest placing price?

Plenty of capital expenditure on plant/mine expansions have been made in the last year and no burden of debt in doing that(£12k only in debt)

Plenty of investment has taken

1.2mtpa HL pad!

last RNS was 20,000tpm(240,000tpa(0.24mtpa))

"Riian and his team onsite, by the time that Pilot team 2 is done, they'll then present the big Heap Leach project. We're talking about a 1.2 million tonne per annum pad. "

APR,
https://www.youtube.com/watch?v=0y3nYLMCnWM&ab_channel=StockBox

I listed a lot of + points on my pad, but I'll let other convey. Posting too much is never a good trait.

Suggins,
I wouldn't worry about the Reefs. The previous PFS had that as the project, but other licences(voyager and mentelle) offer better returns faster and cheaper as will be open pit, so I was told a long while ago.

Yes the disputed area which they never had in doubt. Helps having the ex Minister.

The biggest thing for me is that they now have the experienced staff in all departments to report things properly, so reporting on all fronts will hopefully now be up to market standard.

Other positives : many, best interview so far.
Negatives :
a) Annoying seeing AIM:GCAT scrolling across the bottom of the screen
b) Should have gone to full screen on Robbie. I used a Tesco brochure to cover the left side constant nodding by Mark.
c) Didn't fully explain the "the big expansion we are going to have to come to the market to raise money to fund it,
we are not making enough money to fund developing of a completely new mine" comment. I assume that's the expansion to 50k pa at Killi, or maybe the Tanz new mine?

Hi Trek,

UBS are not an RSP.

Goldman Sachs were buying stock(saw it on Autex), but haven't since MH sold his options. Don't blame them tbh, especially the part of him selling 12,552 shares at 1.26, which had an option price of 1.195, for a mere £750 profit.

The company failed to respond to my email on this in such an illiquid market. So I won't be buying anymore, which I was very tempted to do.

The most important thing about the HL is, as Robbie mentions, it's already part of the strip material that's previous waste when they mined for higher grade. So no cost in mining.

Back home, so here's the link. Few other bits of info there in the comments.

https://stockboxmedia.com/interviews/caracal-gold-first-production-from-new-pilot-heap-leach-plant/

Sending Core's all the way to, I assume to be expensive Lab in Germany, would be expensive, when you have a cheaper Lab down the road, which Red rock also use.

https://stockboxmedia.com/interviews/caracal-gold-first-production-from-new-pilot-heap-leach-plant/

In the most recent stock box interview a couple of weeks ago, they had some slides whilst robbie talked about HL(presentation titled Chairman's visit). The observant would have read the side comments, which said Mwanza lab for further HL testing.

Suggins, Good question and was something I was thinking about. Maybe the Mwanza lab is busy still?

"he should have bought yesterday" - He did and the day before and the day before that ;-)


c) Price(s) and volume(s) 0.00937 100,000
0.0094 300,000
0.0098 400,000
0.01 200,000
0.0102 200,000
0.0104 800,000
0.0105 1,300,000
0.011 350,000
0.01125 300,000
0.0115 100,000
---------- -----------
----- ------------------------------------------------------------------ -------------------------------------------
d) Aggregated information:
Aggregated volume 4,050,000.00 ordinary share
Aggregated Price 1.0386p
Aggregated total GBP42,062.00
----- ------------------------------------------------------------------ -------------------------------------------
e) Date of the transaction 25-27 April 2022

+"BE"

"and indeed with the strength of relationships we've now got with many of those pharmaceutical companies, I can't imagine it will BE just this segment within that market that we stay in for very much longer."

https://www.**********.co.uk/articles/oncimmune-multiple-contracts-signed-since-interims-dae5415/

Adam's comment on V o x last month, where he said other segments are expected to be entered.

"and indeed with the strength of relationships we've now got with many of those pharmaceutical companies, I can't imagine it will just this segment within that market that we stay in for very much longer."

*7th Dec, not 9th

+ 9th Dec 2021
"The Company has issued a total of 166,903,343 new ordinary shares, of which 70,000,000 new ordinary shares have been issued to consultants and service providers in respect to the Nyakafuru and Simba Projects and 96,903,343 for consultants and costs associated with the Kilimapesa Gold Mining and Processing Operations, including the issuance of shares to Goldplat plc, and the purchase of two drill rigs and associated equipment. The Company has also issued 41,725,836 warrants, with a strike price of 2.5pence and an expiry date of 31 December 2022."

APR,
They raised £2m in Feb, not £1m

Mickey,
Never trust a word from anyone on BB's, Twitter, Telegram, etc, Especially people that talk too much.