Member Info for JerseyCrew

Hi suggins - personally I am expecting/ hoping it will be put into Caracal’s website. The whole point is to get the message out there.
ATB

Robbie presenting on Wednesday at 11.20 according to the company tweet. I am sure Robbie will want to include the latest grade updates in his presentation - watch out for news dropping before he presents as he will have to tell the market first in that case.
ATB

That would be wonderful but it's not achievable in any acceptable timeframe to meet the companies strategic goal: quote
Caracal’s vision is to become an established, profitable gold production company with multiple gold mining operations located in East Africa, producing in excess of 50,000oz per annum and with JORC compliant reserves and resources of over 3Moz.
The funding will unlock a turbo charged production with a first stop at 24K oz/pa and build upon that afterwards. The market and the SP will start to reflect the true value and potential here. ON the ground due diligence complete - I am sure the independent team are crunching the numbers and putting together a presentation and recommendation for their client. We know legals are working in parallel - what does that tell you? It tells me for what its worth is that there is a strong desire to get the deal done and the technical team were on the ground to make sure that what the client was being told is actually achievable. Since this process started the company hit new high grade zones - their business case got a lot stronger that the POG increase and forecast has blown away the original business case numbers of $1650 per oz as a profitable number.
The only reason the SP is not circa 1p at the moment is that many are still smarting from OCIM walking. Their loss.
ATB
ATB

Paul - from the start this company laid down its vision for expansion and growth - I don't think it was ever the plan to try and grow organically and I can't see that changing. The new high grade finds and current production is allowing some but important pieces of the infrastructure jigsaw to be added but the real catalyst to the larger production requires funding in the short term and so for me, its not about if funding is going to be found, but when and what terms. Few can argue that there has been a sea change in the corporate approach to communication and they would not have shared those due diligence photos without a high degree of confidence that it was going to lead to something. So in the very short term the team appears to be continuing to bringing on board new equipment and when the funds are there they can engage the workforce in numbers to quickly (2/3 months?) put the paper plans into reality.
ATB

Masochist….Hit me hit me
Sadist …..No no

:-)

Might take a while then sw….
ATB

You have to think that this is a relatively small community where there is a strong likelihood that the major players either all know each other or certainly will have common connections. It also makes good sense to work collaboratively if there is an opportunity - you never know when you might need a favour in return. The concept of small world is ever present on my little Island where there is normally only ever 3 degrees of separation between contacts here. Also brings to mind the Mastermind story - where the BBC researcher called up a contestant to help set questions on the chosen subject - turns out he was the expert!
Interesting day ahead I think knowing we are going to get 30 days of grade data and a revised corporate presentation in the near future - presumably the grade data will need to be released first to the markets.
Enjoy your weekend when it arrives.

Great excuse for a stop loss grab though - you have been warned.

Watcher - I think that was for a very small number of shares on one of those commission free platforms offering massive spreads. Nothing to see here

So many typos - sorry

I am trying to sound objective when I am clearly a huge Caracal advocate when I say that it is looking very encouraging in the finance side of things and IF / WHEN positive news breaks in that front, I anticipate an in radiate rerate to a market capilisation closer to £20M. Money in the Bank and an independent thumbs up from industry experts should give investors all they need to take it to these levels. It will then be a case of how long to ramp up the production and of course attention will turn to the next strategic phase of increasing the JORC resource and progressing onwards to 50k ozpa.
So for me there is a very real and strong possibility on one bag in the next 2/3 months and a multi bag from here in the next 12/18 months.
With apologies if I am coming over as ramping - just how I see it playing out.
GLA

You are correct Dan in that there are various bits of news that need to come out and I am sure that they will - but when you're in Florida and you got into your swimming pool to clean it, to find a couple of alligators in there with you, I guess you prioritise your efforts and actions. I am sure the pool will be cleaned soon.
ATB

I wonder how many smelts they will need when they are achieving the first strategic goal of 24K oz/pa? Could become a full time operation in itself!

It’s been a little quiet on Twitter and now we know why - the person managing it was off ill. Back up and running with news today. Recommend you use this as a source of info as well.
ATB

You need to have a little patience here - I will be surprised if we don't continue to get updates on the grades but lets see. Robbie has a busy few days ahead of him travelling and it's a lean management team. Hopefully he is also working on a stella slide deck to present with - all takes time and he has a lot of plates spinning. As for the mining conference - well probably no major impact but it one conference grabs the attention of one large investor - well who knows! As they say in sales, the more doors you knock on....
In my personal view even with everything that we know and everything that we know we don't know (keep up now) - then the current MC is so very cheap - consider the present infrastructure and current JORC 1.3M oz resource...
ATB

Hopefully we will get the grades over the next few days. More for him to talk about at the forthcoming events. Fingers crossed.

A multi bagger would be nice but we need to be realistic - small increases would be nice in the lead up to finance news - then if it is as we expect then the rocket will be truly lit!

Base case was $1650 after 3 months I think - might have changed with inflation and consumables of course.
ATB

3 events in a month - you can't fault him for not getting out there!! It will probably be too early for announcing a finance deal but we have the ongoing production and the overall strategy and potential to wax lyrical about.
ATB

Another event that Caracal are attending - get the good news out Robbie!