Member Info for sw10000

Meetings every 30 minutes at mines and money , fantastic .

Good to see confidence returning

25-Apr-23 09:06:27 0.55 3,000,000 Buy* 16.50k

Would rather they wait until we are 1.5p+ , more importantly would rathers the investment houses and funds turn up .

Most be getting there attention once we have financing etc and any governance issues sorted

Nice way to start the day, things are really moving now

The next piece of our new yellow equipment, a D6 dozer, delivered and straight on the road up to the open pit on Kilimapesa Hill to start work ?? …. Also some nice progress in the plant with new CIL tank commissioned, this will improve recoveries. #GCAT #gold #mining #Kenya

MRE to expand out the resources and up the JORC resources we have, always a goal at Kili and remember they aim to expand to 3 million JORC resources.

Just looking at Pivot mining consultants, found this example of their work at Shanta interesting

Singida’s JORC-complaint mineral resource estimate (MRE) was also re-calculated and independently verified by Pivot Mining Consultants.

Note they have been engaged with us as of today's RNS, shame their website doesn't work

No right or wrong in this game , ultimately it's a personal decision .

I've held too long on a couple of shares through greed and regretted and others times sold too early, the key is as long as you are winning that's all that matters .

I've got a number in my head where they can have mine, it's a fair way from here but we each have to set our own goals and targets, best of luck with yours.

Think you should be good given the news flow that is yet to come and given new kit arriving on site things appear positive

Maybe they hadn't looked at that part of the hill, think the expansion drilling was further down the line but I may be wrong.

Agreed, all of us long termers got burnt hard in Jan .

I've kept the resolve and got some more but appreciate people will wait for confirmation

For anyone that saw the photos on Twitter on Friday of the new excavator , this is confirmed here.

Tonnages mined continue to average at over 400tpd from the high-grade zones and an additional bulldozer and additional excavator have been mobilised to further increase tonnages.

This is great news

Nice to see some of the older posters from the board having a look back in.

Fingers crossed we have pivoted and we can all make some nice gains .

Fantastic RNS by the way

Suspect not, they want to bring people together in the same room,. Get the money people talking to the miners to drive conversations and show value

Seems like a good time to be going to speak about mining and money , a lovely processing RNS showing 30 days would give him a nice platform

I've been trying to work out what our real value is once we get to the 1k/oz a month and get financing sorted etc.

Should definitely be over 1p and closer to 2p, if we reach 2k/oz a month I'm thinking 3-4p especially with exploration results from Vim Rutha etc, ultimately depends on shares in circulation etc. 3p at the current share numbers and we are valued around £56 million.

TRX who are producing around 5k/oz a quarter with aspirations to get to 24k/oz and have slightly different make up are valued around $160 million at present but they have less debt and their ASIC is $750-$850

They will be back on some less then positive news

Not bad for a company trying to survive https://twitter.com/CaracalGoldplc/status/1649339308136955908?t=8sdilITiNNhMRRolDntHQQ&s=35

Interesting, they've also been onsite at TRX helping optimise and get them to 1000 tpd within the last few months , the same consultant that visited to do DD last week

The most likely is probably financing however I do see potential for the last two given the retweets, also the consultants have been on site at TRX and GCAT (same person), 3 day due diligence was quite lengthy.

If this high grade ore processing is as good as they are alluding I think that changes a lot ref finances and outstanding debt, guess time will tell