The overall impression I had, was that Robbie had a very different presentation he wanted to make, but was unable too. 3 of the 5 companies presenting were miners, so plenty of investors in that sector. All CEOs were around to chat after all the presentations had concluded, over the usual drinks and canapés, however, Robbie had left the building. When I spoke to him (immediately after his presentation, but before the rest had finished) I asked, do you know the upgraded MRE? He said (as the sparkle in his eyes flooded back, and with a large grin) "yes, I have seen it".
Hope that's clear for all, and is all I know. All the usual caveats.......
I'm fortunate, in that I was going to the meeting tomorrow anyway for one of the other companies I've been a long term holder in. The fact that Caracal will be there is a bonus. I am optimistic of news tomorrow. Gla
Can't decide what to wear to the investor meet tomorrow. A suit or tracksuit bottoms and t-shirt? Maybe I'll wait and see how good the MRE upgrade is in the morning. If this deadline is missed, perhaps I'll go in rags, with a begging bowl!
Without proof, it would be foolish to say. I simply find it easier not to trust anyone now, especially those that close down open debate/discussion. I used to like TG boards, but owners just boot people that don't fit their narrative. I'm fed up with this cancel culture!!!
54,121t of ore (versus 51,732 tons in Q4'21) was processed at an average grade of 1.75g/t Au, resulting in gold sales of.1,226 ounces - an increase of 17% on the previous quarter sales of 1,047 ounces in Q4 2021.
54,121 x 1.75g = 94,711g 94,711/31 = 3055ozs so an average of 1018ozs per month. They sold 1226ozs, so will have 1829ozs still to be sold.