Member Info for Suggins

Yes, uk price around 52% at the moment. Recently tended to be nearer 60% which would be around 82p.

‘The new resource estimate in one million oz’ - three t’s and four i’s ?

Delays do happen for very genuine reasons which are outside of managements control and they might very well have no relationship to the positivity of the information to come BUT this is not a company usually shy on interviews etc (even in the post JB era) and I’m sure stockbox or similar could have put a very quick holding interview together.

A much trailed deadline has been missed, I think that should at least be acknowledged. Why bother ? It shows they care (which I think they do).

A few possible causes of this:-

- Jason Brewer is no longer considered management and he has a significant holding.
- The two legacy directors have now resigned (and mostly sold out anyway).

I think they dropped the stat as it is now now very impressive and certainly far less than it was. Perhaps it would have been better to explain it.

Ideally they’ll release the update resource estimate whilst gold is still considered a precious metal.

The recent investor event is on the uk investor magazine website now if you want to watch Mr McCrea nervously garble through the June presentation. Or skip to the end for the 1.75 million cash position confirmation (£ or $ ?)

Ruto has apparently promised to deport Chinese people if he wins; if that includes pesky licence pinching miners then he has my vote (if I had one):-

https://www.africanews.com/2022/06/30/dp-ruto-unveils-kenya-kwanza-manifesto-ahead-of-election//

Meanwhile his opponent Odinga seems to be focusing on very dull matters like healthcare and employment:-

https://www.standardmedia.co.ke/national/article/2001447340/raila-odingas-10-point-agenda-as-he-unveils-manifesto

So this is definitely going to be a Jorc compliant report ?

Ton up - well played !

At the recent investor event a simple question, 'do you need to raise additional funds to reach 24koz/a', was asked in the online chat but unfortunately not put to Mr McCrea. I am sure it was anticipated that additional funds would be required given past interviews etc. but things change and now the position seems unclear.

https://caracalgold.com/investors/shareholder-analysis/

Has a few more lines than the recent presentation. Roger Rose is a new name on the list I think and I couldn’t see Mayflower on there although they would be right at the bottom so perhaps just don’t feature in this extract.

Goldplat had 103,846,154 consideration shares and now seem to have 103,835,953 so they’ve lost 10,000 or so down the back of the sofa which seems careless.

RM’s recent share purchase not been included either.

Well I am fed up with the endless delays and lack of potential here so I am going to sell up and instead invest in that very reasonable Belgian gent who presented before Mr McCrea last night and who has promised to extend the life of my naked mole rat by a few years with gene therapy. That's undoubtedly where the smart money is.

‘Very soon’, ‘just dotting Is and crossing Ts’ and ‘imminent’ we’re all used.

I entirely agree Trek that the cash figure was definitely a golden nugget.

Cash figure before or after the $1 mil due on the acquisition ?

Its Robbie McCrea time

First presenter now discussing naked mole rats; who let this man out !

I think Caracal are on second.

Given that first up is a complete fruit loop there should at least be some relief when a genuine investment opportunity is presented.

Every time you say you don’t believe we will get the statement a resource oz dies.

He’s certainly cutting it fine to ring the bell at the NSE and then get to London for tonight’s presentation to discuss the updated resource.