Member Info for itsyou

Really?

Read the RNS dated 31 March 2023!

https://www.lse.co.uk/rns/GCAT/interim-results-31-december-2022-9af9qzxjmwf2iul.html

"Total Liabilities 15,537"

JC,

You must also include the current Liabilities, which was showing as £15.5m at the Interims.

Also, if the Prospectus comes, the number of extra shares that will be issued for those they've already pledged since RTO, but never issued.

JC,

I've already explained my point, in fact I've made the same point numerous times before on the subject of no drilling being done in the location they are mining. They did Trenching, but that's just near surface work. How can you know what grade/width(if any) is below without drilling it and yesterday's results show the need for this.

JC,

No, all Gold Explorers.

You've clearly invested here without knowledge of the process from exploration to producer! One fooled every minute.

Average grade dropped from 2.51 g/t on last Ops update to 1.71 g/t and now no longer called High Grade in the RNS, as it clearly no longer is.

That's what happens when you mine and process Ore that hasn't been drilled, never had a JORC, never had a Feasibility study, etc...You're just guessing grades.

Real companies takes years following the correct exploration to production path, this one seems to think it can bypass them.

At least they stopped posting pictures of the CEO with his top off on their official company Twitter page! Never seen anything like that before and a clear red flag.

You only need to read the first paragraph of that RNS, No drilling done! "above the areas drilled"

"Caracal Gold PLC, the expanding East African gold producer with over 1,300,000oz of JORC compliant gold resources, is pleased to announce the discovery of a new high-grade zone above the current underground workings and above the areas drilled as part of the Mineral Resource Estimate (MRE) on the Kilimapesa Hill deposit."

No subsequent drill results

No subsequent MRE

No subsequent JORC

No subsequent FS

No drilling = no desposit

"you seem intent on having an argument here" - no just correcting incorrect statements which are misleading to any Investor.

As for the March RNS; they are not drill results(the future), but what they were milling(the present). They cannot predict the future grade without a drill hole. Where are these drill results to confirm grade continuity at depth? It's just guessing otherwise and certainly not able to be JORC compliant. lol

"new high grade zone identified but yet to be drilled sufficiently as far as I know to be considered JORC compliant." - Show me one drill result then? The RNS declaring it even says it hasn't been drilled.

You are joking about it being JORC compliant without a single drill hole?

JC, Which "know deposits" are these?

The underground is the only one I'm aware of that's been drilled and they say has a JORC resource and that's been shut down. The "high grade open pit" has only had surface sampling and no drilling according to RNS.

"Hard to call this an exploration company if they yare not exploring!"

Especially when your Lead Exploration Geologist joined Marula today.

Imlom,

"he's well pleased" - Not that pleased, as the RNS omitted the "is please to announce" comment in the first paragraph. Always a bad sign.

"effective interest rate of 15%" - Better than the last £2m CLN the company took up with Koenig, which was at 6%. Although that was a CLN and convertible at 10% below VWAP, but would never have been officially converted without the long awaited Prospectus.

Need to see the accounts really to make a judgement on whether this is a rollover of old debt, or new debt.

Hopefully he's not taking his base salary of £180,000(2022) when loaning the $150,000

Why not counteract my posts and correct any non facts, instead of trying to be "funny"

"It's bitsy boring - in fact very boring ....." - not as boring as your attempts at being funny on Telegram by posting weird strange images, which nobody else thinks is funny ;-)

No it doesn't as the NSR, mining tax and royalty also increases with PoG, so you don not gain the difference in Pog * amount produced.

Another misleading statement; please read FCA rules listed below.

Here's a big one, since inception there have been ~10 different times when they have stated they are issuing shares without FCA approval. They keep doing it as well(29/09/23 RNS)

I'd be miffed if I was at the FCA with them keep doing this without FCA approval of a prospectus to formally increase the share capital of the company.

Really, how with these results? 10m oz potential, lol

o Hole VMRDD_001 : 13.16 m @ 1.59 g/t gold ('Au) from 45.27 m incl. 1.19 m @ 3.9 g/t Au from 49.79 m

o Hole VMRDD_002: 3 m @ 1.58 g/t Au from 72 m

o Hole NMRDD_003 : 11.44 m @ 3.15 g/t Au from 20.09 m incl. 2.75 m @ 4.12 g/t Au from 25.86 m

o Hole VMRDD_004: 7 m @ 2.63 g/t Au from 16 m incl. 2 m @ 5.80 g/t Au from 19 m

o Hole VMRDD_005: 1 m @ 84.15 g/t Au from 77 m

o Hole VMRDD_006: 1 m @ 1.29 g/t Au from 121 m

o Hole VMRDD_007: 5 m @ 3.17 g/t Au from 57 incl. 12.05 g/t Au from 57 m

o Hole VMRDD_008: 1 m @ 4.04 g/t Au from 12 m

o Hole VMRDD_009 : 18.11 m @ 3.13 g/t Au from 13.7 m

o Hole VMRDD_010 : 7.97 m @ 2.37 g/t Au from 18.05 m incl. 2.4 m @ 5.22 g/t Au from 20.97 m

No mention of actual true widths or drilling incline, #5 would be taken out as Top Cut in any resource statement as it's on it's own and the only encouraging holes(although true width not known - could be drilling along a narrow vein) are #3 and #9, which are right underneath the current plant, so would need moving. Not sure why 4 of these reported holes were right near the Plant, that's normally done as sterilization drilling.

From the Papillion supplementary prospectus dated 23 August 2021, which had supplementary information to the main prospectus issued on 19 July 2021

" Stephen Amphlett, together with Amphlett Pty Ltd (of which Stephen Amphlett is the sole beneficial

owner) are the sole shareholders of Mayflower"