Member Info for Suggins

https://thefinancialexpress.com.bd/national/dhaka-in-no-hurry-to-receive-serum-vaccines-thanks-to-supply-glut-1645842207?amp=true

Did we see many/any trades under 1.1p yesterday ?

Huge increase in volume, it’s over 110 million shares the last couple of days now. Last time we saw this level was very early October and the big price spike to 1.7.

This time we have obviously had a decent rise but rather restrained by comparison and this probably reflects the big seller(s) pinning the price down. But, if this sort of interest lasts much longer, the price must surely fly!

Great to see people who want out getting out and letting new keen investors in; should shortcut recent churn too.

That is a chunky trade !

Captain Leader Gregend

Roll on 10p.

If you could share any response I’d be grateful.

Sorry that should say existing not exiting.

As I read the Rns’ there were two separate new placings. One small placement directly with an exiting investor at 1.25p to raise £300,000 and one much larger 177 million share placement via our new broker at 0.95p.

It is not yet clear why the exiting investor agreed to this or if their new shares came with other benefits.

So far as I can tell the average of 1.12 is just wrong.

Any update onlyoneshareme ?

Apparently a Mr Mwangi Wa Ira has stated an intention to stand, has suggested if every Kenyan household was given a cow it might help eliminate poverty and his team have released this song:-

https://twitter.com/muigaipatrick/status/1404796642684026886?s=21

What a very good day for the Golden Cat; can’t beat a big price increase on big volume and 1p and below already a distant memory.

Roll on the good news and a nice steady climb, some exploration results first up I think then maybe some plant upgrade updates and possibly even the elusive Nairobi listing.

Fully agree portfoliopower; £16 mil ish market cap for a profitable gold mine planning to produce at a rate 24,000oz pa towards the end of this year, at current gold prices, is just silly. Double and it’s still very low.

Then there’s the exploration, recent acquisitions and possible further acquisitions to come as well !

Stars certainly appear to be aligning.

Nice to see near neighbours Shanta doing well the last few days, should help boost confidence in the region. Their recent Kenya drill results looked fairly positive.

Overall I agree they have done an absolutely fantastic job which only adds to the frustration for me.

For example there cannot be many gold producers who choose not to publish an aisc or similar figure in production updates. What is a new investor supposed to make of that ? If it’s high, explain why but don’t just leave it out and hope nobody notices.

Can’t help thinking:-

1) he is partially responsible (incomplete bodged Q4 results, too much focus on missed targets (both production and Nairobi listing), recent Rns / raising fiasco) ; and

2) he could something about it.

Bebeto; further to a previous thread, I can not think of any specific instances where a company has done a deal with existing warrant holders with the net effect that the warrents are extended. I can only imagine that I have dreamt of this happening and so I readily retract any previous statements on the point.

https://caracalgold.com/wp-content/uploads/2021/07/Prospectus-Final-19.07.21.pdf

Page 152 onwards.

I’d say that for any potential investors the independent report attached to the original prospectus is very interesting, it is now obviously a little out of date but it is the most truly independent and detailed report I’ve seen by some way.

I’d say the cash position is a bit of a mystery, the last quarter update didn’t include aisc or total costs so I find it rather hard to judge where they’ve got to.

On the loan they have said this is not proceeding now so they do need to find alternative funding for the Tanzanian project I’d expect.

Sorry; I should of course have also noted Greg’s prediction of h2 5p, 12 months 10p.