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Harriety54, aka John is his account number 4. Lets see how long until he is banned.
Here is my thought about the market reaction:
People selling due to miss of 100oz gold in December (872oz instead of 1000oz).
That is silly, If you read the RNS you will see the production in Q4: (570ozs October, 646ozs November and 872ozs December)
Which in total makes 2088oz gold for Q5
Thats great revenue for such company in production and exploring at the same time. And we are valued at £17m mCap?
In terms of comparison Scotgolds has a MC of £44m and look their Q4 results:
· Q4 2021 production to 31 December 2021 ('Q4 2021') totalled 1,508 ounces of gold .
Maybe I just see the good value of GCAT in here?
People selling due to miss of 100oz gold in December (872oz instead of 1000oz).
That is silly, If you read the RNS you will see the production in Q4: (570ozs October, 646ozs November and 872ozs December)
Which in total makes 2088oz gold for Q5
Thats great revenue for such company in production and exploring at the same time. And we are valued at £17m mCap?
In terms of comparison Scotgolds has a MC of £44m and look their Q4 results:
· Q4 2021 production to 31 December 2021 ('Q4 2021') totalled 1,508 ounces of gold .
Maybe I just see the good value of GCAT in here?
As John is spamming new threads with his new account amd is not yet banned I will continue.
Really good comprehensice RNS shows that the company is making improvements towards production of 24000oz gold this year
Hightlights:
During the quarter, the Company provided an update on initial shallow trenching program on high priority targets on the newly targeted Southern Mineralized Zone, which reported a peak trench sample result of 40m at 4.85g/t gold, including 7m at 7.6g/t from trench CART 0003
§ Initial assay results from the DD and RC drilling at Kilimapesa are also to be released in Q1 2022 from the DD drilling, which has commenced 400m to the east of active underground mining and opencast pit operation at Kilimapesa, and intended to confirm the mineralization strike extent.
Following further metallurgical testwork in Germany, which is ongoing, the Company will commence construction of a new heap leach plant operation. Approx 40,000t of stockpiled low-grade material with be the initial feed to this operation, after which approx. 10,000t of low-grade material ROM production is proposed to be processed monthly.
§ Gold on carbon of 2,088ozs was achieved in Q4 (570ozs October, 646ozs November and 872ozs December) and increased by 86% quarter-on-quarter - as a direct result of the increase in tonnes mined and processed at Kilimapesa.
"Operationally, at Kilimapesa we have reported record ROM production and plant throughputs, and demonstrated that the operation has the ability to achieve targeted gold production rates of 1,000ozs per month, achieved in December 2021. As a result of this, I was very pleased to recently announce our decision to accelerate the implementation of the final phase of our initial three-phase operational plan, to further increase monthly gold production by 100% to 2,000ozs.
§ Total gold in stockpiles at the end of the quarter was reported at 2,919ozs
§ Total operating costs US$960/oz
§ Procurement of a new gold elution plant will commence and installation later in Q2 2022, which will allow the increased levels of gold production to be smelted on-site.
§ Detailed engineering design work for the accelerated development plan has commenced and will continue through Q1 2022.
The Company continues to use its existing cash balances and cashflow from operations to fund its ongoing mine and processing plant expansion and optimisation programs and additional exploration and reserve and resource expansion drilling programs at Kilimapesa.
The Company continues to advance a dual listing on the Nairobi Securities Exchange, with its local broker Faida Investment Bank. A Listing Statement, to be approved by the Nairobi Securities Exchange, is being prepared to allow the dual listing to proceed and which is expected to be completed in the next quarter
As John is spamming new threads with his new account amd is not yet banned I will continue.
Really good comprehensice RNS shows that the company is making improvements towards production of 24000oz gold this year
Hightlights:
During the quarter, the Company provided an update on initial shallow trenching program on high priority targets on the newly targeted Southern Mineralized Zone, which reported a peak trench sample result of 40m at 4.85g/t gold, including 7m at 7.6g/t from trench CART 0003
§ Initial assay results from the DD and RC drilling at Kilimapesa are also to be released in Q1 2022 from the DD drilling, which has commenced 400m to the east of active underground mining and opencast pit operation at Kilimapesa, and intended to confirm the mineralization strike extent.
Following further metallurgical testwork in Germany, which is ongoing, the Company will commence construction of a new heap leach plant operation. Approx 40,000t of stockpiled low-grade material with be the initial feed to this operation, after which approx. 10,000t of low-grade material ROM production is proposed to be processed monthly.
§ Gold on carbon of 2,088ozs was achieved in Q4 (570ozs October, 646ozs November and 872ozs December) and increased by 86% quarter-on-quarter - as a direct result of the increase in tonnes mined and processed at Kilimapesa.
"Operationally, at Kilimapesa we have reported record ROM production and plant throughputs, and demonstrated that the operation has the ability to achieve targeted gold production rates of 1,000ozs per month, achieved in December 2021. As a result of this, I was very pleased to recently announce our decision to accelerate the implementation of the final phase of our initial three-phase operational plan, to further increase monthly gold production by 100% to 2,000ozs.
§ Total gold in stockpiles at the end of the quarter was reported at 2,919ozs
§ Total operating costs US$960/oz
§ Procurement of a new gold elution plant will commence and installation later in Q2 2022, which will allow the increased levels of gold production to be smelted on-site.
§ Detailed engineering design work for the accelerated development plan has commenced and will continue through Q1 2022.
The Company continues to use its existing cash balances and cashflow from operations to fund its ongoing mine and processing plant expansion and optimisation programs and additional exploration and reserve and resource expansion drilling programs at Kilimapesa.
The Company continues to advance a dual listing on the Nairobi Securities Exchange, with its local broker Faida Investment Bank. A Listing Statement, to be approved by the Nairobi Securities Exchange, is being prepared to allow the dual listing to proceed and which is expected to be completed in the next quarter
As John is spamming new threads with his new account amd is not yet banned I will continue.
Really good comprehensive RNS shows that the company is making improvements towards production of 24000oz gold this year
Hightlights:
During the quarter, the Company provided an update on initial shallow trenching program on high priority targets on the newly targeted Southern Mineralized Zone, which reported a peak trench sample result of 40m at 4.85g/t gold, including 7m at 7.6g/t from trench CART 0003
§ Initial assay results from the DD and RC drilling at Kilimapesa are also to be released in Q1 2022 from the DD drilling, which has commenced 400m to the east of active underground mining and opencast pit operation at Kilimapesa, and intended to confirm the mineralization strike extent.
Following further metallurgical testwork in Germany, which is ongoing, the Company will commence construction of a new heap leach plant operation. Approx 40,000t of stockpiled low-grade material with be the initial feed to this operation, after which approx. 10,000t of low-grade material ROM production is proposed to be processed monthly.
§ Gold on carbon of 2,088ozs was achieved in Q4 (570ozs October, 646ozs November and 872ozs December) and increased by 86% quarter-on-quarter - as a direct result of the increase in tonnes mined and processed at Kilimapesa.
"Operationally, at Kilimapesa we have reported record ROM production and plant throughputs, and demonstrated that the operation has the ability to achieve targeted gold production rates of 1,000ozs per month, achieved in December 2021. As a result of this, I was very pleased to recently announce our decision to accelerate the implementation of the final phase of our initial three-phase operational plan, to further increase monthly gold production by 100% to 2,000ozs.
§ Total gold in stockpiles at the end of the quarter was reported at 2,919ozs
§ Total operating costs US$960/oz
§ Procurement of a new gold elution plant will commence and installation later in Q2 2022, which will allow the increased levels of gold production to be smelted on-site.
§ Detailed engineering design work for the accelerated development plan has commenced and will continue through Q1 2022.
The Company continues to use its existing cash balances and cashflow from operations to fund its ongoing mine and processing plant expansion and optimisation programs and additional exploration and reserve and resource expansion drilling programs at Kilimapesa.
The Company continues to advance a dual listing on the Nairobi Securities Exchange, with its local broker Faida Investment Bank. A Listing Statement, to be approved by the Nairobi Securities Exchange, is being prepared to allow the dual listing to proceed and which is expected to be completed in the next quarter
As John is spamming new threads with his new account amd is not yet banned I will continue.Really good comprehensice RNS shows that the company is making improvements towards production of 24000oz gold this yearHightlights:During the quarter, the Company provided an update on initial shallow trenching program on high priority targets on the newly targeted Southern Mineralized Zone, which reported a peak trench sample result of 40m at 4.85g/t gold, including 7m at 7.6g/t from trench CART 0003§ Initial assay results from the DD and RC drilling at Kilimapesa are also to be released in Q1 2022 from the DD drilling, which has commenced 400m to the east of active underground mining and opencast pit operation at Kilimapesa, and intended to confirm the mineralization strike extent.Following further metallurgical testwork in Germany, which is ongoing, the Company will commence construction of a new heap leach plant operation. Approx 40,000t of stockpiled low-grade material with be the initial feed to this operation, after which approx. 10,000t of low-grade material ROM production is proposed to be processed monthly.§ Gold on carbon of 2,088ozs was achieved in Q4 (570ozs October, 646ozs November and 872ozs December) and increased by 86% quarter-on-quarter - as a direct result of the increase in tonnes mined and processed at Kilimapesa."Operationally, at Kilimapesa we have reported record ROM production and plant throughputs, and demonstrated that the operation has the ability to achieve targeted gold production rates of 1,000ozs per month, achieved in December 2021. As a result of this, I was very pleased to recently announce our decision to accelerate the implementation of the final phase of our initial three-phase operational plan, to further increase monthly gold production by 100% to 2,000ozs. § Total gold in stockpiles at the end of the quarter was reported at 2,919ozs§ Total operating costs US$960/oz§ Procurement of a new gold elution plant will commence and installation later in Q2 2022, which will allow the increased levels of gold production to be smelted on-site.§ Detailed engineering design work for the accelerated development plan has commenced and will continue through Q1 2022.The Company continues to use its existing cash balances and cashflow from operations to fund its ongoing mine and processing plant expansion and optimisation programs and additional exploration and reserve and resource expansion drilling programs at Kilimapesa.The Company continues to advance a dual listing on the Nairobi Securities Exchange, with its local broker Faida Investment Bank. A Listing Statement, to be approved by the Nairobi Securities Exchange, is being prepared to allow the dual listing to proceed and which is expected to be completed in the next quarter
Really good comprehensice RNS shows that the company is making improvements towards production of 24000oz gold this year
Hightlights:
During the quarter, the Company provided an update on initial shallow trenching program on high priority targets on the newly targeted Southern Mineralized Zone, which reported a peak trench sample result of 40m at 4.85g/t gold, including 7m at 7.6g/t from trench CART 0003
§ Initial assay results from the DD and RC drilling at Kilimapesa are also to be released in Q1 2022 from the DD drilling, which has commenced 400m to the east of active underground mining and opencast pit operation at Kilimapesa, and intended to confirm the mineralization strike extent.
Following further metallurgical testwork in Germany, which is ongoing, the Company will commence construction of a new heap leach plant operation. Approx 40,000t of stockpiled low-grade material with be the initial feed to this operation, after which approx. 10,000t of low-grade material ROM production is proposed to be processed monthly.
§ Gold on carbon of 2,088ozs was achieved in Q4 (570ozs October, 646ozs November and 872ozs December) and increased by 86% quarter-on-quarter - as a direct result of the increase in tonnes mined and processed at Kilimapesa.
"Operationally, at Kilimapesa we have reported record ROM production and plant throughputs, and demonstrated that the operation has the ability to achieve targeted gold production rates of 1,000ozs per month, achieved in December 2021. As a result of this, I was very pleased to recently announce our decision to accelerate the implementation of the final phase of our initial three-phase operational plan, to further increase monthly gold production by 100% to 2,000ozs.
§ Total gold in stockpiles at the end of the quarter was reported at 2,919ozs
§ Total operating costs US$960/oz
§ Procurement of a new gold elution plant will commence and installation later in Q2 2022, which will allow the increased levels of gold production to be smelted on-site.
§ Detailed engineering design work for the accelerated development plan has commenced and will continue through Q1 2022.
The Company continues to use its existing cash balances and cashflow from operations to fund its ongoing mine and processing plant expansion and optimisation programs and additional exploration and reserve and resource expansion drilling programs at Kilimapesa.
The Company continues to advance a dual listing on the Nairobi Securities Exchange, with its local broker Faida Investment Bank. A Listing Statement, to be approved by the Nairobi Securities Exchange, is being prepared to allow the dual listing to proceed and which is expected to be completed in the next quarter
This mut be by far the best company in the world imo.
Super amazing:
No assets
No research or development
No BOD, just lifestyle
No cash (dilution very soon)
No interesting discussion in the bb about the company
No value
No revenues
No financial reports
Not even false promises or sell of delusional stories by the BOD
If combined maiden resource of all assets increase to 4m or 5m oz gold, we could be looking at the next GGP here, and a massive re-rate in mCAP. This may seem very possible considering the degree of confidence and experience of the BOD, and also because GCAT owns 2 drilling rigs ready to push for the sampling process and making the whole operation a lot more efficient and quickier, saving years of costs and time in contracts....IMO, DYOR
Hahahaha I agree @InsiderKnowledge
CTEA is the ultimate lifestyle company.
So far the BOD has done everything they said they will, and to me that shows commitment and competence. Very soon we will have the Q4 results that will hopefully prove this and show us a bit of the future prospects