Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
Thanks for both emailing them and posting the reply, I can rest a little easier now, could the light at the end of the tunnel finally be getting closer.
Fingers crossed, the stars will align and in several months we will be in a much better place, and have an SP north of a penny :-)
Sea route from Norfolk port USA to India is via the Suez canal, not the Panama canal.
http://ports.com/sea-route/port-of-port-norfolk,united-states/port-of-chennai,india/#/?a=0&b=0&c=Port%20of%20Port%20Norfolk,%20United%20States&d=Port%20of%20Chennai,%20India
Excellent RNS, Robbie & the team have been making steady progress on site whilst waiting for the main expansion funding, though the wait is frustrating at times they are not just standing about idley.
Robbies personal contribution shows confidence in GCAT"s future in his eyes, he's well pleased to know far far more than most if not all.
As for 50% of the cash flow, it clearly states "FREE" cash flow, so if they continue to use the cash from mining to move the project forwards, as they currently are there will be no "free" cash to hand over.
LW, re the prospectus in the Q & A, from memory I think the Q & A was Thurs 26th, Robbie said they had been in Comunicacion with the FCA on Tuesday 24th, and he felt that all bar possably one outstanding question had been resolved, he was hoping for feedback on Friday (27th) or early this week, it sounded imminent. He also went on to say it had been a long and tedious process and Simon Rennick? Had been in almost daily contact with the FCA, it did sound very close to being finalised, but I thought that if the funding back in August.
To close, for any current or future shareholders it is well worth a listen.
Https://youtu.be/1PHnZQ-s2Pc?si=sj3yH9OTHrZKBei-
Interview audio
Well sommed up, there was only one problem with that excellent interview,
After promising myself I'd purchase no more shares until the funding money is in the bank, I now find myself poised on the "buy" button to further add more to my SIPP account.
I think POG will have an end of week pust to get up to and hopefully past the $2000 barrier, but all in all still a very good end to the week, hold for Gold as they say GL
Happy new week @caracalgoldplc stakeholders!
Gold prices are on the rise.
According to Gold.co.uk, a prominent gold bullion dealer, gold has shown significant gains in the past week. After hitting $1,812 / £1,490 less than two weeks ago, gold is now trading at $1,938 / £1,590, marking a substantial increase of 6.9% in USD and 6.7% in GBP.
Will it reach $1,950 / £1,600 per ounce? If last week's momentum continues, gold might challenge its all-time high.
Stay tuned for opportunities in the gold market
https://twitter.com/CaracalGoldplc/status/1716338025335005633?t=JcLr3_9RrEpgb8PcoDtD_A&s=19
The tweet appears to have been pulled? It basically wished stakeholders a relaxing weekend & here's to a prosperous week,
I confess my frustrations did get the better of me and I comment that as a current underwater stakeholder relaxing weekends were currently difficult, but did add, but here's to a prosperous week ahead.
I wondered if it was a clue as to possible good news on funding being imminent, ha, as it is I'll probably have to go through decompression if I ever get back to the surface.
I'm hoping we get a "new record monthly production" RNS for October 1st week of November, 77k would be fantastic but north of 60k would suffice,
I'm still not convinced we are getting the number of trains we ideally want & at the best time of the month for production.
MET coal prices looking strong
& continuing upward trend, in the medium term at least, making BEN the cash-cow we all believe in, just need the SP to start to factor this point in.
This time next year Rodders!!
Addam in good spirits & quite bullish, all coming together, finally, so actual loss on the 240,000 of coal sold last year was $8,000,000, far better than first thought, they invested a lot of time & money laying some solid foundation hopefully were well placed to reap the rewards. All production till end of year already sold which is excellent, when you mine and sell circa 77,000 tones a month and at a good price the cash generated soon mounts up, hopefully get the loans paid off by mid Q2 2024
And as if by magic https://youtu.be/T_O3-tQNCAE?si=cPZQdkFaBRnI0OMh