Member Info for NetBox

@Citygirl299

Deramping is all part of "the game", people have their own agendas and that's fine, it's no major issues.

I just don't like to see people posting utter bull just so they can save themselves a few quid, when some poor uninformed private investors actually might believe what they post.

I saw one guy last week having a complete breakdown and selling all his shares just because of something posted on here. Not pretty to see and deramping in that way is pretty abysmal, I have my thoughts on individuals who do that but won't air them on here.

Thanks for the telegram tip, I'm already in there btw and love your purple hair ;-)

I think this share has been traded quite a bit, looking at the charts for the last few months it's had multiple peaks followed by dramatic dips. Traders are obviously at play which is fine and perfectly normal. Original investors who bought in very cheaply may have been offloading some too and taking advantage when the peaks are hit.

If you are only looking at the short term I think impatience plays a part too which is why it's slowly dropped down a little, traders are just not willing to wait, but there too much risk in selling out on the way down because news could come at any time which could send this shooting back up again.

For me I'm invested in this and not looking for a quick 10/20% I think long term this has huge potential and the rewards will be substantial (just my view DYOR). Sure I'm keeping my eye on this carefully but everything here looks to be heading very much in the right direction.

This is a relatively new setup with short track record so of course it's not going to go sailing up into the heavens until they have proven track record. Something they are working hard to achieve and each day they are making inroads into their target.

To me this looks a very cheap stock at these prices if you look at future "potential".

All looks good to me but I'm sure others have their own views.

GLA

Just thought it needed saying.

Well said MJard. Welcome back ;-)

For those who've not seen it.

Interview now up on the Tube

https://youtu.be/akZxPxzOI9A

Agree also, brilliant interview, not just by Robbie himself answering the questions put to him but also I think by StockBox who asked some very pertinent questions and understood what they were asking (which is nice to see).

I like Robbie and think he handled the interview very well, he has a good sense of humour too which is always handy when you are interacting with others and can be put on the spot in a "delicate situation". Made me chuckle.

So good to hear all the updates and also very informative info on the tailings plant too. It's good to know not only are they making money from that, but also that the tailings are freely given AND GCAT are helping tidy up dangerous waste. Great to keep on the good side of the government and locals too, which will have its benefits and backing further down the line for sure. Looking after local communities, providing job (and a large amount of jobs nearing 500 now) and investing in the future, everyone wins.

It's obvious GCAT read these boards as they seem to address certain questions people may have, I've seen before if something has been posted on here they are usually quick to respond by putting up a tweet clarifying the situation or giving the truth so there is no confusion. So hats off to them for keeping an eye on the investors.

Too many good things to mention from that interview but all in all a really exciting time with lots to come for sure.

Time will tell how things pan out (sorry for the pun) but as we are only a few months since listing and not even to a point quarterly results can be posted it will be good to see what the next few months bring. They have done amazingly well these first few months.

The SP is going to do what the SP is going to do for the short term, but good steady constant production wins the day, the numbers will speak for themselves and in 6 months/12 months you will be one of those lucky people who can say I got into Caracal when they were ONLY 1.2p and look at them now. :-)

New drills too, can understand why they are so excited.

Good luck to everyone who's in.

I know, that's a crazy amount and a huge saving.

Switching to greener energy as it's mostly geo energy so,
No more"Dirty Diesel" Thomas the tank engine reference there Robbie ;-) haha

Just dropped on YouTube proactive interview with Robbie.

Drills arriving ahead of schedule + other updates

https://youtu.be/RhvfCCasjeo

I think there was a bad case of "Churnitus" on here last week, let's hope it's not repeated this week and everyone infected has now recovered ;-)

Jason's tweet from friday......

A week when @CaracalGoldplc announce major cost savings, record plant throughout, cash costs of US$986/oz, major cash investment in operations and is on track to meet increase production levels…. and the share price comes off

I’m certainly not selling. ??????

#GCAT

Some good news in there but what caught my eye was:

"and is on track to meet increase production levels"

Robbie stated a target of 1000oz in December and the team wasn't too happy with him for publicly stating that, thinking he's aiming too high, but he likes to push the team. However it looks like that may well be achievable which is amazing considering this is a relatively new set up and only just starting up really.

Well done to the whole team I would say and keep pressing on, improving and developing all the time.

Agreed this is a VERY low mcap indeed (especially compared to other gold stocks some of which aren't even producing yet) and at some point it will correct. IMO this mcap doesn't even represent just Kili plant alone, nevermind all the other things going on, so much happening and news will continue to flow as we progress.

Just needs a good constant flow of updates showing we can constantly hit target.

Aim for December is 700tpd which with reasonable grade should give 1000ozpm which gives a 12000oz per year. This is what they state the aim is for the next 12 months (according to the recent interviews etc). However we will be adding additional plant equipment, mills, machinery, more drilling, acquisitions so it should be heading even higher, but they have stated it's the 1000ozpm that is their first goal and hitting it consistently.

All the other additional production will just be a bonus.

The SP at the moment is to some degree irrelevant as it will be heading to where is should be as the new drills arrive, production increases etc.

Looking very good from where I'm sitting and can't wait to see how the SP reacts as new news comes in.

"Seeing Caracal take this approach showed the company is cost conscious and savy."

It also shows they are planning to be around for the long term, otherwise you wouldn't sink your funds into the purchase, you'd just sub it out.

"the value these fully owned rigs will generate will be worth its weight in Gold."

Let's hope litterally!!

Totally get what you are saying and agree for the most part, but when reporting these figures they "have to" legally report facts or as near to facts as they can. Sure they are going to sugar coat some things or hide costs in there but at some point you as an investor have to believe some of what they are saying. They are not just random figures they grabbed out of thin air.

Basically you are saying you don't believe what they are saying and that's fine that's your choice. At the end of the day it's your investment and you have to know what you are putting your money into. You are not just investing in the company but also the people and you have to trust them to some degree and hope they are competent at what they do.

Don't have enough room to go into that, but I've no problems with the team there, at all based on their backgrounds and experience.

But getting back to your point about the $100 saving pm for switching to grid power and it being a convenient round figure. Well it's always going to be an estimation, it's impossible to put an EXACT figure on it. There are way too many factors to calculate and each day/ton is different. It's all based on cost to power the plant running diesel Vs elec, how much material goes through, how good the grade is, what the weight of the material is, if there are any stoppages, all these things can change so it's impossible to give an exact figure. So quoting something like $98.45 would be illogical hence the rounded approximate figure of $100.

Again it's all down to trust and as neither you nor I know the cost to run their plant you either believe them or in your case don't. That's fine but I'm happy with my investment, it's very early days here, so much going on, so far they have done amazing in such a short amount of time. I'm not here for a quick 10% and not here to trade, bit yes I'm watching and constantly seeing improvement after improvement. If that changes I might change my investment, might top up, might sell some who knows, but all looks good to me.

GLA

"The AISC is $965/oz. the overall cost of producing 1 oz of Gold at the mine"

.......and to further clear up a point made by one poster yesterday, if we are selling 1oz gold for approx $1700/1800 and it's costing only $965/oz (Or $865/oz now on grid power - this price also includes the labour costs for the 400+ workers btw) then that's a very good profit indeed.

How anyone can suggest running MORE material through the plant loses money and is a bad idea is beyond belief.

Doing the very simple maths $1700 - $865 = $835 profit PER OZ

So if we are hitting 700tpd with reasonable grade material (3-5g per ton is considered GOOD) and achieving 1000oz/pm that's a PROFIT of some $835,000 PER MONTH = $10,020,000 per year.

Now look at the market cap ;-)

It's all about consistency and keeping the plant hitting target which is the main focus at Kili at the moment with a 12000oz target for the next year.

There are lots of other things to factor in, but once all early expenditure is done and the plant is hitting targets the current share price will seem like a steal.

Topping up???

GLA let's see what today brings

"The AISC is $965/oz. the overall cost of producing 1 oz of Gold at the mine"

.......and to further clear up a point made by one poster yesterday, if we are selling 1oz gold for approx $1700/1800 and it's costing only $965/oz (Or $865/oz now on grid power - this price also includes the labour costs for the 400+ workers btw) then that's a very good profit indeed.

How anyone can suggest running MORE material through the plant loses money and is a bad idea is beyond belief.

Doing the very simple maths $1700 - $865 = $835 profit PER OZ

So if we are hitting 700tpd with reasonable grade material (3-5g per ton is considered GOOD) and achieving 1000oz/pm that's a PROFIT of some $835,000 PER MONTH = $10,020,000 per year.

Now look at the market cap ;-)

It's all about consistency and keeping the plant hitting target which is the main focus at Kili at the moment with a 12000oz target for the next year.

There are lots of other things to factor in, but once all early expenditure is done and the plant is hitting targets the current share price will seem like a steal.

Topping up???

GLA let's see what today brings

The think to remember (in my view), this is a relatively new set up, of course there are huge costs to start off with, HUGE, lots to fix, to buy, to upgrade, to improve and lots they want to do. It all costs money, if they keep a handle on the spending, increase production, increase grades, cut costs/streamline production etc. there is no reason they can't achieve all they set out to achieve and more. It's really early days.

Sure they might need to raise more funds (depends on many things and costs plus what they are trying to achieve) but if so it's hopefully for a very good reason and the benefits will way outway the actual cost. It's all about growing and doing it correctly, don't bite off more than you can chew. But they have lots of experience between them and now seems the perfect time to be doing what they are doing.

There is so much happening here, some of which we have no ideas about yet either.

Sure this SP is a fluctuating one, up and down, up and down, some will trade and make money, other will panic, sell up, others will just hold etc. But is that going to have any effect on the SP in 12 months?

They have lots of goals and drive, have they set their targets too high? Will they hit that December 1000oz/m target? Maybe, possibly or maybe not. Does it actually matter? If it's January is it so bad? Is it going to affect the SP? Probably, but does it make any difference in 12 months?

Far too much to post about this share, just keep watching and if you do jump back onboard hope it's a good ride for you.

Thanks Suggins, it's been a VERY long day for me today (cheered up by some of the posts on here today), I honestly couldn't be bothered going into the workings as too tired, so that's for posting that.

@ForeverNever

Haha no worries at all, you've done nothing wrong and certainly not been rubbing me up the wrong way ;-)

Like I said I'm not naming names as it's really nothing to do with me what's posted on here nor has it any relevance to my investment decisions nor anyone elses I hope, but some people do believe what is posted as fact and creates panic. People who deramp are going to do it regardless and today was a perfect example of what emotions some people have, so it does affect some people and can lose them money (or save them money).

People's views are just that people's VIEWS (mine included), parts of some posts are perfectly true, some are just obvious (yet written in a way as to make it look bad) but some are just completely wrong, also some are down to a complete lack of understanding or the fact they obviously haven't researched properly. (Again I'm not going to go picking apart people's posts)

Everyone's view deserves listening to, someone may post something that is new info, someone may look at something different to you so it worth reading as it may make you look at something differently.

There have been a few posts today which I could have picked apart every single aspect of and either corrected it or posted it in a completely different way, but I have been way too busy and it's not my "job" to do that (it is far too time consuming). Once again getting back to the fact it makes no difference to me. I've simply been highlighting the fact some of what's been posted today has been "hilarious", be it intentionally or not and should not be relied upon by anyone.

Always know the facts yourself, don't rely on others to tell you, that way you can be sure you understand what you are investing in and know if something is actually positive or negative.

The interviews have mentioned the savings base on the production rates and grade of material etc, it's quite easy to work out. It's also been mentioned earlier this week in here too and it is a huge saving, even based on September's/current production figures.

The share price is going to do what's it's going to do, investors will come and go, the team may hit targets they may not, but as long as they are constantly going forward the SP will settle and start to reflect the true market value. It's very early days, lots of costs, lots they want to do, lots they need to do. I'm sure James has his handle on the financial side ;-)

Good luck with your investments whether you are in or out.

Well today has been an interesting day on here, I'm not going to name names or throw insults at anyone but some of the post have been hilarious.

You read some post and really wonder about some people, if people actually believe what they are writing is correct, if so they really shouldn't be investing as they obviously have no idea. I've read some "parts" of people's post and have actually laughed out load, not knowing if they are joking or are being serious.

I can't believe people invest in a stock when they obviously have no idea of how things work, stating we don't know "X" we've not been told "y" and stating "Facts" that are just wrong.

It's obvious people haven't watched the interviews or read up on the plentiful updates because many thing HAVE been stated, it's just you've either not understood what's been said or haven't listened. (This is multiple individuals)

I don't have a problem with ramping or deramping (the posts on here realistically have zero impact to the share price), but if you are going to post something at least post something that makes sense AND is factual. There are positives and negatives to everything and some points are valid, but some are just wrong, so wrong they are hilarious.

So that's for the comedy GOLD posts today.

@Sharetime43 I'm not referring to you in any of this post btw, you've obviously had a traumatic day. I hope tomorrow is a better day for you. But remember keep your head and your heart separate when investing, don't let your emotions make you make rash decisions. Remember also you can make money on the way down as well as up and things go up and down all the time (graphs speak to you). Remember the fundamentals!! Peace

For those not following.....

https://mobile.twitter.com/JB_MiningAfrica/status/1456293923886882822

Jason Brewer
@JB_MiningAfrica
A good meeting today with the
@FIB_Kenya
team discussing
@CaracalGoldplc
dual listing on the Nairobi Securities Exchange
@NSE_PLC
later this quarter.

A process which will not see any fresh equity raised and which will provide local stakeholders a chance to invest.

#GCAT