Member Info for itsyou

*VR

VM is closer to the Plant than the current mine on the Hill. It's actually right on top of the west end of VM strike.

RPdard,
That to me looks clever of GS, as they used a lower POG at the time(and lower than the hedged fixed price) to offset the drop in POG. Obviously POG could have then fallen again, which meant it wasn't such a good idea.

PFG, Yes, but only after 6months from completion(expected prior to 31st Dec), so planned delivery will start in June 2023. Assuming it's also 6 months grace, bit nothing to suggests it's any different to previous OCIM deals.

As per TRX deal, all other OCIM previous deals have a 6 month grace period.

"OCIM has provided TRX Gold with an alternative funding consisting of a US$5 million contract for a prepaid gold purchase to be disbursed in two tranches. A first tranche of US$2.5million has been funded on 31 August 2022, featuring a 6-months grace period and a repayment period over one year as quarterly deliveries of a pre-determined and fixed quantity of gold."

Only one MM open so far, SCAP 0.7 - 0.8, that's why

Agree PF-B,
Never benefit from someone else's loss. We've all been in that situation before.
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Goes with my other motto's in life - treat people how you like to be treated yourself, support anyone being victimised(hate bullies) and always leave something for the next investor.

Bebeto,
A JV for Vim would be very unlikely IMO.

Exploration companies do JV's in order to get an experienced developer/producer to take it to production, when the said company doesn't have the expertise to do it. Nor does it have the money to fund and built the mine/plant.

Caracal have the experienced staff and it now was OCIM to fund.

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On the subject of Vim, Robbie has mentioned in an interview that they've had good widths. If the grades are also good, with decent widths then the whole economics of the current Plant 1 would change dramatically. Plant 1 is fed from the underground mine where the grades are highish, but narrow. If they can feed P1 with higher grade then plant costs come down. If the widths of mineralisation are superior to the current thin veins, the mine costs drop.

Shame really, as I held 1m extra Caracal shares indirectly through my Goldplat I bought in late March.

Their business model recently changed to being a services company and they are keen on returning money to shareholders, so it was always the plan by the looks of it. They previously said the Kili money would go back to shareholders, which they did by doing by share backs in the spring with some of the funds coming from their previous GCAT sales.

TRX gold only mention cash costs, not AISC, from all the searching I did yesterday.

Bebeto,
I thought you were here to discuss, so I'm merely giving you the answer.

The irony of your latest comment, when you post from morning to late at night, everyday!

I agree Sono***un, which is why all this guessing by Bebeto isn't helping us.

My data is 8 years more accurate than yours ;-)

The majority was coming from artisanal mining back then.

"Between 2012 and September 2020, the Kilimapesa Gold (Pty) Ltd had produced 20,487 ounces of gold and 3,073 ounces of silver, a significant part of which came from the reprocessing of artisan miner’s tailings. "

Bebeto,

"Here's the reason, it's the purity of the gold dore, historically Kilimapesa gold dore has been 75-77% pure gold average."

That doesn't compute, as the Prospectus details the amount of Gold Dore historically refined and the cash received. Obviously there are refining costs, so the price per oz paid is less.

looks pretty pure to me.

On 14 September 2020, KPGL recommenced gold production with the first gold pour completed and 2,717g (85oz)
of gold dore produced. The gold dore was transported to the Rand Refinery in South Africa and refined. Gold sale
proceeds of $163,157 were received by KPGL.

$163,157 / 85oz = $1919 per oz - spot price was around $1950

"a further 5 gold pours were completed up to the period ending 31 December 2020 with a total of 16,647g (518oz) of gold dore produced and a
further $971,250 of gold sale revenues generated."

$971,250 / 518 oz = $1875 per oz - spot price was $1897

Of course you have bebeto ;-) lol

It's perfect for me, as you can't reply to me correcting you, which everyone else can see and further validates your Troll status with all. Twice today I've had to correct you trying to mislead people. Attention to detail isn't really your thing.

How ironic, in saying a need to get on with life...it's you that spends all day and night posting here ;-)

It's probably why they didn't quote the number, like they did in Q1.

"We know from Q1 & Q2 results the total ounces of gold sold was 1,972 Oz."

No we don't!

They never mentioned the ounces sold in Q2, only what was produced. It could have been in transit to the refinery in Switzerland.

Bebeto,
It's less than half that when you strip out ex employees. It's all there in black and white, so no "question mark". But you are selective in what you write.

Of course you are Bebeto, but you'll need to buy some shares first! ;-)

You've already been ousted as a liar, so I cannot take and of your comments seriously.

As for your imaginary filter of people; personally I also don't believe it, seeing your addictive nature to this BB and constant posting.

The odd positive to cover up the constant negative, just to try and convince people you hold. Like quoting current AISC, when you should well know that lot's of sustaining capital is being spent both on the Plant and the Mine in order to get to 24k. Plus parts of the mine and plant have been stopped, in order for those upgrades to take place, which affects the number of ounces produced and AISC.

But you should know that already from the interviews Robbie has done; although you pretend you've never seen any of his interview since JB left! LOL ;-)

Bebeto,
You discredited yourself by lying that you've never watched a Robbie interview since JB left(14th april), yet you've previously commented on them.

e.g 30th May
"I really liked this interview beforehand there was too much emphasis on how much was the current production but as Robbie said it would be like trying to drive a car whilst fixing the brakes.""