Member Info for itsyou

The scoping study published last year in the RNS on 21/12/2022 stated the expansion to 24k would cost double

Quote:

"US$19,7m pre-production capital (including mining pre-production & continued)"

Why is this half now, considering inflation has been rife?

Folio,

Stalker now. I'm invested in the other I post in, not here. I cannot stand ramping and de-ramping. Innocent people loose money on these boards on both sides of the coin!

I post facts as per RNS, yet instead of you counteracting them with your "views" , you've got uptight and have clearly used a swear word. Thes you criticise me for not giving "facts", but say "As for the Gold Royalty It is paid quarterly to the Funder it is included in the Mine plan costs .". Where is the RNS, or URL that says that? Pot and Kettle spring to mins!

Here's my post again; either discuss and correct the points, or stick your head in the sand and continue to be the mind guard here.

""> Prior suspension 3 days ... " - It was 9 days last year. Another case of getting his numbers wrong.

As for blaming previous employees; I'm sorry the buck stops at the top. The CEO should have been all over everything, including the issuing hundreds of millions of shares(Tanz acquition, Koenig, Orca, Mill End etc) when they had no authority from the FCA to do this without increasing the share capital...and still don't. I've never seen a company say they are issuing shares in an RNS which they have no authority to do. But they keep doing it!

Re Mill End and the his comment "well thought out facility" - Really, at Arthur Daley rates.

The CEO should have restricted the spending spree they did last summer(Lab, trucks, diggers,etc) until financing was drawn down. I guess that was also the previous CFO's fault, even though he left earlier that year. He should of also announced all the CLN's that are hanging over the company atm at the time they were taken out, not later in the AR. The ex CFO had also left before 2 of these were taken out."

Have a pleasant evening!

Mine plan only came out in the Friday RNS. What about the IRR, this is normally also included?

"As for the Gold Royalty It is paid quarterly to the Funder it is included in the Mine plan costs .

Yet someone is trying to twist every Fact stated."

Where is this "Fact" stated in the RNS?

Provide the link?

P.s A lot more than you ;-)

"> Prior suspension 3 days ... " - It was 9 days last year. Another case of getting his numbers wrong.

As for blaming previous employees; I'm sorry the buck stops at the top. The CEO should have been all over everything, including the issuing hundreds of millions of shares(Tanz acquition, Koenig, Orca, Mill End etc) when they had no authority from the FCA to do this without increasing the share capital...and still don't. I've never seen a company say they are issuing shares in an RNS which they have no authority to do. But they keep doing it!

Re Mill End and the his comment "well thought out facility" - Really, at Arthur Daley rates.

The CEO should have restricted the spending spree they did last summer(Lab, trucks, diggers,etc) until financing was drawn down. I guess that was also the previous CFO's fault, even though he left earlier that year. He should of also announced all the CLN's that are hanging over the company atm at the time they were taken out, not later in the AR. The ex CFO had also left before 2 of these were taken out.

Suggins,

Any increase in POG will result in additional taxes(Mining Tax and Royalties) that needs to be deducted from your number. Killi is also subject to a 1%NSR with Goldplat.

If the company is going down a royalty stream, the streaming will be be getting the gold at a discounted rate to PoG(circa 20% is common). But the host countries mining tax and royalty calculation is based on the actual PoG rate, not the lower rate being agreed with the streamer. Companies using hedging can get really caught out if the PoG rises above the hedging number that have secured, as they are still have to pay the taxes and royalties on the actual price, even though they are selling at a discount.

Apr,

"despite considerable exploration and drills results especially Vim Rutha and Kili high grade zone " - The high grade zone has never been drilled("exploration drilling on hold at present), so only surface sampling, bulk sampling(then processed through the Mill) and trenching according to RNS. Therefore the MRE cannot be upgraded until drilling is done.

"Sorry I meant yes lol, but then again why waste my time and energy with such an "expert" lol"

More fool you and you money, but keep your incorrect facts away from BB's as per FCA rules!

Then you shouldn't have posted it as it's incorrect, which is my beef about "tricking people"

It has the potential, but so has many things. Stating as fact was misleading to investors, both by you and RM. That is FACT.

Still not able to state why it's world class?

RAMPER

Hopefully no one bought in today based on PD101 and Folio's incorrect comments about VR being a Monster/World class Ramps this morning. Seriously, people need to think about what they write and the consequences. It's all logged, so poster beware!

Gold stocks are notorious for having investors that haven't got a clue about what's involved in exploration and mining. Why do they invest your hard earned.

Although the notice of suspension never included the expected time to relist like last year, I consider it better corporate convenance to announce information to the market as soon as they know it. Unlike OCIM falling through last year and them still saying it was secured with no conditions in an RNS, even though they knew they had added extra conditions.

Goldplat(ex killi owner), did exactly the same last year and gave 2 weeks prior to it being suspended. The issue here was with their auditors BDO being snowed under by well publicised accounts of another company and lack of staff. The complex inter country accounts also didn't help them.

https://www.lse.co.uk/rns/GDP/update-on-annual-report-suspension-of-shares-gksfwqvbz4hwk1o.html

No trading statement like GDP though.

Here's an actual fact!

Todays RNS DOES NOT have the following in it, like last years similar suspension notice RNS on 01/11/2022

"The audit is in the final stages and Caracal does not expect this suspension to last very long."

Still no answers to why this is a world class asset, as you stated?

You've got to back up statements with facts, as per FCA chat rules

You only need one ;-) But I agree others look like they need the same.

Stick to facts, not Ramps and misleading people.

GI,

What "bolloks stories"?

This is the only info RNS'd on VM, anything else is pure speculation. Unless you think the RNS was a "bolloks story"? Some may agree with you there based on history of previous RNS' being misleading.

Please explain how you think these minimal results constitute a world class asset? Unless you're also after a Christmas present.

How can it be world class with only a few widely spaced exploration holes? Without even resource drilling? Without even a JORC? With low g/meter values, even with these not being true width!

Christmas is coming; I'd recommend Exploration for Dummies ;-)

Your comment!

"VIM Rutha also stated as World class."

Just an RM ramp, as the only DD holes drilled were widely spaced scout holes.

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 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

They announced that 12 RC holes had also been drilled, but they obviously never returned much seeing that they were never reported.

Bullet points from the II interview and RNS; haven't listened to the PI one yet

- Re-assuring comments from Eric about the Kenyan opposition to mining.

- Eric mentioned in the institutional call that they needed another 150k oz before considering Singida expansion.

- The earlier Singida high grade stock piles processed in Q2, would revert to 3 g/t according to mine plan and to ~94% recovery which is slightly better than mine plan

Where did the $3m expected capex come from. Not read that being planned before.

NLGM grades dropped, as you would expect from a near end of mine life and looks like they won't be able to replenish reserves as they have done previously each year. But a potential new licence close by would extend mine life, but at what cost.

Still no Eric 2.0!

Bbbb,

"The news posted the other day was positive" - Not sure how it was positive, as if the county had evicted Shanta then drilling would stop as well as the Feasibility study work.

As for Ramula, have you not seen the other article where the Gem residence there are also rejecting the eviction plan?

So I'd say negative, if in fact these news articles are true.

...and Option for $4m with Orca