Member Info for sw10000

There is though, if required there is finance to draw down from Orca $4 million if required plus the profits from the mine so I think your statement is misleading, they obviously have ME to sort which they have been doing and made two payments last qtr

Agreed though that until the deal for the new finance is RNS'd and funds drawn we cannot assume we will get it as happened with OCIM.

Today's RNS is positive, ultimately some will sell on it and some will buy. I don't know many Gold producers with our market value that have just managed to produce 1/2 of their MCAP in a qtr with a profit based on ASIC.

I think you are selectively picking statements from what he mentioned, the full context below.

GCAT a "going concern" ?

IMHO has now been addressed as they are clearly producing a decent amount of open pit ore at historically consistent grades whilst maintaining a decent output despite having serious mill outages as reported.

You are correct, funding is to drive us to 2k/Oz a month.

They are also in the process of building the big heap leech

Still, when you contrast that against the market cap, the fact they had down time for two weeks at the end of June and the lower ASIC, $700 per Oz profit isn't to be sniffed at.

Then when you note TRX etc that are pumping out 5000oz a QTR but have a market cap of up $100 million it makes us look very very under valued.

Also, if the funding is as close as they state and prospectus its game on this QTR

Clearly states they had a break down in June for two weeks

Agreed, happy with that and it looks.like they would have managed 1800-2000oz if it wasn't for the breakdown in the last two weeks of June.

Decent ASIC , they've almost done half their MCAP in revenue in a QTR, that screams undervalued to me.

Will be great to see what this QTR brings

Nice buy just popped in for 4.75 million shares

It was always an interview with Q&A put to him upfront from some of the shareholders who reached out and asked. A delay by a couple of days isn't really an issue if it allows him to tell a better story

All valid questions that we all no doubt want answered and fairly soon

I know Suggins, us long term sufferers (I mean holders) should get a t-shirt and cap for free.

Anyway onwards and upwards and fingers crossed August is our month, I know we said that in July

I think there are two ways you can approach the interview.

a) Appreciate the fact that the CEO as offered to have a Q&A with investors who have some concerns (ahead of any RNS) and listen to what he has to say.

b) Talk down your investment and sit here getting angrier whilst you wait for an RNS, the shorters love this sentiment as it makes their lives a lot easier.

I think we all agree the situation in Jan was awful and incredibly frustrating, since then the company is on a path to recovery as is evidenced by the photo updates. I would rather these then nothing and wait for an RNS.

If OCIM wouldn't have pulled out I'm sure we would have been a lot more jolly.

Anyway, each to their own. I'm just as frustrated but I'm going to focus on the LTH potential whilst appreciating there are risk like everything at this end of the market.

If they deliver on A) funding B) Build out to scale to 24k/oz C) Announce JV and also the new exploration results for Vim Rutha and others plus Tanzania I suspect 1.5p will be rather low.

Each to their own though and people need to decide their risk appetite and how long the invest for.

BTW, they are running a Q&A session the telegram group arranged with stockbox who will be hosting tomorrow. The fact Robbie wants to engage with share holders to answer questions is surely a good thing: https://twitter.com/StockBoxMedia/status/1686295384933507072?s=20

Waiting is the hardest, just switch off and wait for the red dot.

That's what I'm doing.

I don't disagree they need to start delivering on various commitments, ultimately it's the funding that will unlock potential

Think some people would be best to sell up as they have zero trust in the company.

There are issues and the company appears to be righting them, ultimately this is taking time so as PIs we either hold even if frustrated with delays or sell.

It's that's simple, I know what I'm doing and have assessed everything in depth

Here you go

Afternoon @CaracalGoldplc Twitter. Another week of hard work at Kilimapesa … smelt day Monday and Thursday successful. Our new mining equipment has been busy opening up and stripping areas in the high grade zone. Processing Plants performed well. 2nd Mill End payment made and more steps toward closing out the expansion funding completed … wishing everyone a good weekend. #GCAT #Gold #Mining #Kenya

I would say TRX is our closest in terms of our aims/goals over the next 12-24 months , they are a couple of years ahead

It's ironic that they keep talking about the demand for various metals for green purposes or wealth preservation but the actual companies producing them are being hammered in the markets

Not sure what happened here, posted twice so apologies.

Anyway , fingers crossed for a positive day and tweet day tomorrow so hopefully some decent updates whilst we wait.

Anyone notice in the last one they appeared to be putting the finishing touches to pad 4 i.e. the big heap leech

I do agree to some extent That the whole stock system is massively fixed and against PIs, especially at the lower end it's a massive scam as I've found out over the last few years.

At the other end you have insider trading and all sorts by people in influential positions i.e. politicians that seem to get off with a slap on the wrist,most of the Tory government is a prime example.

At the lower end i.e. AIM and here it's full of trading groups on telegrams doing pump and dumps, I've been following their activities on telegram/twitter and also watching on L2 how some of the most popular AIM stocks are traded , they can only do it at the lower level due to lack of governance by the FCA and influence.

I also agree on your other statement around "not wanting anyone to own anything", funny how cars etc have gone up much more then inflation, housing market etc, all these things could be fixed, trick is not to play and these convenient buy now pay in installment plans have popped up everywhere.

Anyway, back to GCAT. The good news is with all this dodgy financial manipulation in markets and governments, Gold will go up in price as we are seeing. If Robbie and GCAT can pull their finger out and deliver this should rerate back inline with value of the others i.e. TRX, Shanta. This will take a couple of years but patience is key .