Member Info for lmlom

Https://youtu.be/mDC2I319OrM

More or less repeating what he's said before, though the coment re Avanti be a possible future customer is a new one, intresting.

"last payment due July" should read message before posting,

Just to add, Dec 2022 RNS "Proposed sale of HWM" to civil LLC for 3,6MIL/USD, did this go through? Money was to be paid in installments, that payment due July, I think this HWM was on the books for circa 2.7mil/usd, would help the end of year balance sheets if the bulk of the moneys been paid.

Robbi tweeted this Monday, so hopefully the muddy waters start to clear this morning, followed by a possative afternoon RNS, should set us up nicely for a strong finish.

"happy Monday to everyone and a great week to @CaracalGoldplc Twitter ….. weekly update to follow on Friday"

Getting offered above mid, 0.4366. to sell, MMs are after shares.

Should be another good day, loving the slow building of pressure on the sp, as expectations grow hopefully there's more sticky hands, and even less free float.

Perfect storm ahead

Lifted from Wikipedia.

amount of thermal coal. The annual production capacities of the mine and preparation plan are approximately 5.6 million and 6.5 milllion tons. At 2010 production rates, the Elkview mine is estimated to have a remaining reserve life of approximately 41 years.[

Https://www.thetimes.co.uk/article/glencore-makes-offer-for-tecks-coal-business-ghbqg66xx?shareToken=30bf259ad22fc8781e4648353d08f9e5&s=09

Intresting,,

Just to help pass the time, if all goes to plan, hopefully we are due the final prices of the jigsaw over the next 5-6 weeks.

https://www.fool.com/investing/2023/06/01/if-history-repeats-1-commodity-is-set-to-skyrocket/

Tenantry, it's covered in this "midweek" takeaways circa 4.35min in, I was pleased when Adam stated this move, it is far more inline with with what I'd call standard protrcal for well run companies, it removes Chinese whispers, her say and unfounded speculation.

https://youtu.be/YcjkFTcGH0o

Short video just posted of both HWM beavering away at the coal face,

https://youtu.be/8rkCKFl_SHM

on a different subject, extremely disappointed the before mentioned new policy of moving to quarterly operations updates to keep us stakeholders informed of general progress has not materialised, we're less than a week from the start of the 3rd quarter.

HWM81 was up and mining 5 days ago.

https://twitter.com/ReallyBensCreek/status/1657044746479517702?t=6WkEGCx1YAkG-SQyNNysFQ&s=19

And before you know it, it'll be "smelt day Thursday"

simular bar on Thursday equates to circa 364oz for the week, 9 smelt days in May, they could well do close to 1500/1600oz this month

Https://twitter.com/ReallyBensCreek/status/1657044746479517702?t=FcGNxVbCcmRO6NLTahdQ5Q&s=19

Re compedent person, the paragraph below is within the small print at the bottom of RNS's detailing mineral quantity, quality and lab results etc

Qualified Person:

Mr. Franck Bizouerne, P.Geo., Group Mineral Resource Manager of Caracal Gold PLC, is the Company's Competent Person under JORC Code "Standards of Disclosure for Mineral Projects" and has reviewed and assumes responsibility for the scienti?c and technical content in this press release.

Fantastic news, must be Tarta steel, the fact they are requesting ships of purely Ben's met coal is a major coup, major, Tarta produce circa 34,000,000 tons of steel a year, circa 500/750kgs of met coal per ton of steel, i think from memory. Game changer for Ben's I'd say, GL all thee holders,

Covered in this this podcast, salient points re paying down debt from cash generated front met coal sales 10min in. It's a wise move, especially with the current pull back of met coal price.
https://youtu.be/YcjkFTcGH0o

Excellent stuff, 2nd pour of the week and it's run down as far as the 3rd mould.

Correction November 2021,must put my readers on :-)

Itsyou, quote below from RNS 4967T 26th November 22, they do know what they are doing, Robbie had the foresight to purchase two drill rigs of thier own, Cost effective and very efficient and effective big like having your own lab on site same reasons.
HIGHLIGHTS

· The recently acquired DD and RC drill rigs have arrived on-site at the Kilimapesa Gold Mine.

· Drilling programmes at Kilimapesa will commence immediately, with pre-drilling work including the preparation of drill pads well-advanced.

· Experienced drilling crew on-site to manage and oversee the programme, including the Drilling Manager who has previously operated both rigs.

· Local Kenyan sources for most drilling stores and consumables have been identified to ensure local content continues as a focus of the Company and to allow the drilling programmes to be accelerated.