Member Info for Suggins

Thanks Bebeto;

What I find a little troubling about this sale is that we share a director in Mr Kisbey-Green and so they know everything there is to know about Caracal and have still decided to sell. Additionally, I thought Goldplat were doing good business at the moment and so are not obviously in emergency need of cash.

Oh I say; I wonder if there will be anything exciting to talk about?

If not, then perhaps we could just have some sort of a round table with Marula Mining and get to the bottom of just who was responsible for the share issue troubles of yore.

I wonder how long and how much it would cost to obtain a mining licence over exploration areas if a decent discovery has been made? They might well need an additional agreement with the relevant land owner and some sort of environmental licence/clearance.

Steady away.

Do you think any of the new directors or senior management team have been offered anything similar ?

It would seem a bit unfair if not but I’ve not seen details.

The new Prime Minister’s parents were born in Kenya and Tanzania. Can’t be all bad.

Do you think the first thing will be the prospectus? I’d think they would wish to fully resolve past problems before moving forward but perhaps not.

I don't want to sound like a negative nelly but if they went looking for and expecting gold and came back with silver and copper I am not sure I would be dancing around calling it a great success. Obviously an economic discover of anything is a good result though.

No argument from me on that score !

Being involved in failed companies previously does not necessarily denote a lack of experience or knowledge.

To say our captain leader legend is a mere marketing man seems untrue and unfair based on what limited knowledge I have.

Is the plan on the desk new? Looks different to the plan at page 13 of the June presentation.

The south mineralised zone looks fairly bare in this plan but Maghor still looks lively.

Definitely seem to be some signs of confidence here. Fingers crossed this is sustained.

https://www.amarstock.com/stock/BXPHARMA

This site puts it at 83 which could well be around 67 in Sterling. Im never convinced these sites get the maths correct though given the number of GDRs.

I agree that management do appear to be aligned to shareholders but there is perhaps some daylight between us due to their performance shares; that seems to give them something of a ‘free hit’ if they wished.

https://twitter.com/ambmonicajuma/status/1580474201495900160?s=46&t=VPOtCO8PTyy_pcfnB3XDLw

Seems to come from a neighbouring county to Caracal’s own Dan Kazungu so hopefully they are very well acquainted.

What I find really odd is the two updated presentations we’ve had. Who were they produced for ?

Spend all week hoping for an RNS then come 16:30 on a Friday hope not to see one.

If you are feeling bored why have a look at the Kenyan ministry’s mining portal (not sure how often they update it though):-

https://portal.miningcadastre.go.ke/Site/EmbeddedMapPortal.aspx?PageID=f877b9bc-d68a-415f-b051-5048ff5a68b0

Visiting a gold mine ?

https://twitter.com/kenyans/status/1580571047581343744?s=46&t=6z74P0NUbAM1niP5tWNXVw