Member Info for mickey1122

Pushed to next wednesdat 2nd march.

Welcome on board AP. Very good decision.

The JV / new partner in India announcement is the re rate RNS remember Bhukia is a tier 1 mine and gold is only going one way , the investment in pat by the partners will be transformative z, just bought more rounding off my very holding

12m£ MC come on lol

Future is bright.

Strong performance by Caracal , gold producer .

We are on the main market ap

Two nice buys just shown up from earlier.

News any time now . On news of the JV and all its implications i expect a significant rise in the MC here , surely the new partner will have to stump up some serious lolly to get involved with india Bhukia 12m oz tier 1 mine .

MB has talked about 2 zeros to be added to the MC. I am so confident i am now adding and will continue to add from here on .

From the write up today

“
Project Infrastructure

Bulls of the stock point to the way that GCAT provides a unique opportunity to still be able to buy into the start of a growth journey of a new gold production / exploration company. Geographically it is well placed for major expansion in East Africa, with all the heavy lifting of project infrastructure already in place. With £20m plus of cost paid for by previous project owners, the present market cap well below this number suggests that Caracal is primed to deliver for its shareholders. Indeed, if one adds the money spent (something the market seems to have missed) to the present market cap a fundamental share price target for GCAT should be well north of 2p.”

Each to there own DB , the figures do stack up . Just saying like

Let them know about the website its you. They will be more than happy to sort it , upgrade. Remember guys we are only six months old

Caracal Gold plc / EPIC: GCAT / Market: Main / Sector: Mining

14 February 2022

Caracal Gold plc ('Caracal' or the 'Company')

Appointment of Joint Broker & Clarification re: Strategic Placement



Caracal Gold plc, the gold producer with operations in East Africa, is pleased to announce the appointment of Clear Capital Markets as joint broker of the Company with immediate effect.



The appointment of Clear Capital Markets, the UK-based stockbroker and wealth manager, follows the completion of an approx. £2 million capital raising, which included £300,000 received from an existing major shareholder at a price of 1.25 pence per ordinary share, and the placement to clients of Clear Capital Markets, as announced earlier today. By way of clarification, Clear Capital Markets have placed 177,048,592 new ordinary shares at a price of 0.95 pence per ordinary share with their clients.



As a result of the funding announced today, the Company will not be proceeding with the previously announced convertible as announced in the RNS dated 7 December 2022.



Chief executive of Caracal Gold Plc, Robbie McCrae, said:

"We are delighted to welcome Clear Capital Markets as our joint broker, following this successful placing by them, one which was extremely well received by their clients.



"We welcome Clear Capital Markets as an investor and look forward to retaining their clients as long-term supportive shareholders as we enter the next phase of development at our Kilimapesa Gold Mining and Processing Operations in Kenya, where we are targeting a 100% uplift in gold production to 2,000oz per month by year end - following implementation of Phase 3 of our accelerated Development Plan, as announced.



"The funds raised in this £2 million capital raising will help us deliver this goal as expediently as possible."



The Company and management are solely responsible for this RNS.

They are bringing in personnel to tighten up

Let’s get this party started with the JV Bhukia Partner ?

Thanks for laying it out so clearly . I also thought it was a master stroke buying our own rigs x2 , excuse the pun but will be like gold dust out there .

We mine the gold , process it ( own processing plant ) and sell it . What a great change from explorers only being invested in a cash cow with gold through at $1900+ . No wonder they are upgrading Kili quickly to get us up to $1500-2000 a month .

Not that i am complaining at the title lol

Its the producing gold bit i like . I fully expect the production figures to rise filling our coffers .

Nice to see you AG.

Nearly forgot assay results from two drills at Kili any day.