Member Info for JerseyCrew

You make an excellent point Suggins. Who best to evaluate what GCAT can do with these assets?
The potential here is truly amazing and you have to respect the pace that the BoD are moving at and critically they are on the ground and know all the local players and at the risk of repeating myself, please take note of their sustainability objectives and social responsibilities to local workforces and communities.
ATB
ATB

Hi Romi - no science to my £1 but given:
- where the SP has been (whether your view was that is was inflated or otherwise at that point)
- the discoveries that have been made since in proving up the infills
- the very real potential for the much larger footprint at Hav (understatement in my view)
- then throw in a potential hit or hits from the JURI or our 100% licences
- and then the kicker - a very real potential for the POG to substantially increase in years to come. When will we become a div paying company and what income multiples will II's give to sustainable, low risk, high return investments? - that is what will drive the SP in years to come.
So given my investment has always been medium to long term I have to consider what would I sell for now with all of those future unknowns of a very positive nature and in forfeit for future div income - my personal figure is currently around £1 but I reserve the right to revise that (upwards) if and when new information is revealed - I am sure everyone has a rough number in their head or might wish to start considering one.
ATB

You have brought a whole new set of questions into play their Kevin.
In terms of the Bank finance SD could just be waiting for the best deal in the terms but also when to pull the trigger - no point in signing up until you know what you need / if you need / when you need and then of course at the cheapest rate possible. Dip hit it on the head when he mentioned revised MRE - it would create more advantage terms as there are more assets and possibly more offers from different financial institutions.
As for a buy out we have been around that block here many times. It would have to be I would suggest on a hostile takeover basis as the BoD are not letting go of this baby without one hell of a fight - and it would have to be an incredible offer and very close to £1 to get my personal vote, given what I believe is the incredible future here.
As always just my personal view.

Hi Kevin. The question over ability to repay has largely been removed given progress to date and the involvement of NCM and the future revenues. Any potential dilution would be an issue for the shareholders and not the Banks. The SP is a reflection of market sentiment based on several factors - earnings and assets being amongst them but the average personal investor does not look to the these numerical factors (just can they make money in the short term based on others reactions to the stock) but as we have seen there is no direct correlation. Banks however base their credit decisions on professional valuations / JORC resources and future cashflow forecasts / strength of BoD / commodity forecasts / geopolitical considerations /environmental factors and personal reputational considerations in the case of a questionable industry (not a factor here). The SP does not come into their reckoning unless it reflected a wider market risk putting the venture in jeopardy.

Rich - value - at the moment we are seeing increasing stored value - in the fullness of time the SP will reflect as value starts to be converted into cash. This is a gold explorer / developer - unlocking value takes time. Any investor who has done their research will understand this. So in answer to your question and from my personal view - yes - GGP is continuing to add value to me as a shareholder and then some!

Kevin. You raised a question about Banks and a falling SP. Banks look to the assets and future earnings potential. The SP does not impact these factors.

Acknowledging and sharing the broker upgrade via RNS would be a start if it is within the rules of releases.

You have to be registered on Vox Nate - any feedback on the Vox Markets?

An interview on something like Proactive would be welcome at this stage AG I think

Lots of detail on their ESG credentials from Jason - this is a huge investment 'selling' point when it comes to institutional investors - supporting the local community as well as moving to a carbon neutral mine. So important in my view and an growing feature / consideration for investors to consider in whatever they invest in - again my personal view.

The video drives home the value adding activities of process and extraction optimisation that this experienced senior management team can bring to existing projects that are in the process of being acquired.

https://youtu.be/tvp8xPCSgdA
This is pre IPO but worth watching to get a flavour of the ground works at Kilimapesa - whilst the host introduces in German the interviews are in English

With high grades at shallow depths do we know the AISC here?

Hey Mickey - I like SHORT and I also like FIRST....
ATB

revision - text book example for expansion!

More delayed purchases on google finance - I know because I am continuing to top up today and they are not showing.
Not bothered in the slightest as I can continue to accumulate at these prices.

"The existing project owners of Nyakafuru and Simba have elected to accept the majority of the acquisition payments in shares due to their desire to be a part of the broader Caracal Gold Group and see significant value in the shares as both projects are advanced towards production."
Why do the existing owners want majority of payment in shares? Because they know that there is huge exploration potential still to be uncovered - high grades at low depths - and the Caracal as have demonstrated, can raise capital in difficult market conditions, to provide the working capital to unlock the potential, harnessing the expertise of the management team and synergies and cost savings that can be captured in the process. This is really becoming a text book expansion for expansion and growth alongside existing cash generating activities.
Love it!

So no trades since the 2 on Friday and even my filter list is not being triggered (touch wood!) at the moment. Feels like everyone has taken their seats, the lights have dimmed and we are waiting for the performance to begin.
ATB folks

I don't have L2 but just looking at 12 trades quoted here, it just shows how far under the radar we are at the moment.

Great news fully justifying Jason,s ebullient presentation on Friday. They certainly delivered and more to come if all goes to plan.
Well done to all at Caracal!