The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
6 months ago the share price was around 8p and today its around 8p and it's traded on a range of 1p either side of that during that time, safe to say the decline is over? Certainly the sp is a lot steadier than it has been since the 30p days.
Time to look forward to production and Shaun's move "from defensive to offensive"
Can't see a significant recovery without good news, more disappointing news will drive the sp lower, good news should start the road to recovery. The ball is in Robbie's court to turn Caracals fortunes around. All just in my opinion and nothing to do with charts
Unfortunately the gold in the grounds full value is only realised once its out of the ground and through the plant. Without that $13m funding the gold is going nowhere, hence the position we find ourselves in now.
Providing RM is true to his word and there are other finance options out there this will come good in years to come, that's a given.
Unfortunately, for me, it's a question of trust at the minute with the man at the helm.... he's promised big things, and at the minute the only update we've really had in 6 months is of a failed finance deal and the promise of a long overdue q3 update that he, just the other day said is sitting on his desk, has failed to pass onto us.
https://www.boerse-frankfurt.de/equity/caracal-gold-plc-ls-001
Could still be a way to go if we follow Frankfurt, only 1 man can stop the rot. He said Q3 results would be a couple of days, I.e. tomorrow at the latest.
He needs to pull something pretty spectacular out of the bag and pronto.
Your right Tildo, we seem to have gone from "funding secured" to the deal has fallen through because caracal didn't agree to the conditions that they surely knew about at the time of announcing the deal?!
Today's stock box interview is going to be an interesting one......
Patrick, there are 1 million grams in 1 ton so it's logical to conclude that if 1 part in a million of the ton is gold you have 1 gram/ton.
Be weary of results reported in parts per billion though as they look a lot more impressive on first glance than they actually are, in this case though some of the grades reported from Nyakafuru are "absolutely outstanding"
Wasn't expecting the Q3 report until the week just passed as the last couple have been released mid month.... compare that to the 2nd of November in 2021. It really is about time hard facts are delivered instead of the constant excellent news imminent propaganda, which is, in effect all we have heard in the last few months