Good to see the presentation planned for tomorrow. Co. not hiding after bad -as in sp dropping- news.
See if their defence can bolster sentiment. Confirmation they won't nearly run the coffers dry again will help.
Happy with the financing so have topped up a few.
ATB to the holders.
Hope they're doing well but that just looks like they've got all the heating on as they try to release the ctu.
They haven't RNS'd the removal of the coiled tubing yet. Should we expect them too? Would be nice to know that part went ok.
Interesting RNS. I like the idea of the MG2 business finally picking up some steam. Wondered why in today's climate it wasn't doing better.
Is now the time? Find out at 10 am I guess.
More to come imo. Sounds like the broker's seen the rise and wants to profit off the back of the speculation.
emailed them just to let them know about the rumours and ask them to rns quickly if true. Hoping its not so but
down on 5m shares today does look dodgy and does their cred no good at all if true imo.
Took a few today with the bounce looking on after re watching Justins piece last month..
https://www.youtube.com/watch?v=OHTRchC_xQ0
Yes I noticed just now they'd relisted, was bit slow off the mark with the no rns. Tried a dummy sell with IG price was too low for me to press the button but the split remarkedly narrow so happy to hold for a while esp with gold flying again. It does float all boats so very good to see imo.
Would have thought they'd be back today given the audited results were out yesterday.
Additional problems or waiting on finance?
I'm guessing finance but only a guess.
"Caracal Gold has had to apply for a temporary suspension of trading in its shares as the Company has not been able to complete its audited financial statements within the 4-month period required.
The audit is in the final stages and Caracal does not expect this suspension to last very long."
Thanks pasa, good interview he comes across well and once their geothermal picks up a head of steam reckon the sp will improve.
RNSing they're suing the UK gov and have a strong case would be good for the sp too but market would likely want to know they have a fair chance of winning before marking them up on that imo.
Shame the loony tune demonstrators had to appear right after the gov lifted the moratorium think that and the amount of media coverage they're getting is contrived but then I think the global warming models are contrived too so there you go.
re the below..
Asia Energy Corporation, an Australia British owned multinational company has done detailed feasibility study and environmental and social impact assessment on Phulbari under a contract. The study found the scientific solutions to environment, agriculture, water, bio diversity and rehabilitation issues and now waiting review and final node.
According to this they're just waiting the final nod of approval being the only feasible open pit in Bangladesh?
hTTps://barta24-com.translate.goog/details/national-en/169626/open-pit-coal-mining-possible-at-phulbari?_x_tr_sl=bn&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=sc
Are these results audited? Can't find any auditors statement and there's a statement thusly..
"These financial figures were unaudited as a mid-period account."
Maybe the reason we're still suspended.
Appreciate that JC just used to co's having the 2 RNS's at the same time when coming out of suspension due to issues with results.
Delay seems a little unusual is all.
"They always said the will hit 2k oz rate by dec 2022,"
Which is precisely what I've been saying.
Any views on why we're still suspended?
Well of course I am you have no sensible reply.
Make up as much bull as you like they promised 24k oz's by the end of 2022 thats why it was going to be transformative.
"We're on track to achieve our goal of lifting gold output to 24Ktpa by year end and look forward to reporting on continued progress. 2022 looks to be a game changing year not only at Kilimapesa but also for realising our East African gold ambitions more broadly."
How can traders arrive? We're still suspended.
So our promised 24K oz year end production has moved to 2024?
Only July it was still by end of this year. (where the sad smilie when you need it)
"Gold Production has reached 12,000 ounces per annum and is on track to reach 16,000 ounces in 2023 and 24,000 by 2024."