Member Info for sw10000

Hi Pred,

Hope you are good, the lowest value we got to was around .259 and since then we have held in the mid/high .3s/4s.

Think the ship has definitely turned on a good way through , the high ore breakthrough and advance in the funding stages i.e. onsite visits by multiple parties for multiple days has helped

Some very positive news coming out via twitter and RNS.

As before though funding isn't done until done and prospectus is still awaiting, if the grades are as good as they say they may be able to pay Millend off

Would love Gregs 5p - 10p messages come true ;o)

Remember this is without the large heap leech they are planning to build with funds, also the ASIC should be lower with the high grade ore as per their RNs.

If they deliver on the figures consistently for the next few months they will be in a very very good place, maybe settle the CLNs from Millend in cash

They've confirmed back to me on Twitter

We are smelting twice a week … Mondays and Thursdays.

Does appear that way, I've asked for clarification and fantastic if they are doing another two smelts.

More importantly for me is the nod to the finance DD

I believe from reading the tweets they were delayed whilst Elizabeth was off sick, they had the Monday one but not sure if meant there was another one.

Either way nice to get the updates and look forward to the RNS with the 30 days of results

And hopefully some nice production updates to wow the crowd

Be interesting to see what he has to talk about and good to see him back out on the circuit again

Nothing changed and await the news , remember last week was a positive week with 3 days of due diligence , ultimately the outcome of this is key to where we go

Good week last week and we await the outcome

I'm hoping the visits went as expected , the fact they were happy to pose for photos and also showed them the end product is a good sign.

Wonder if last week's was a different funding party to this week, maybe Philoro last week making sure everything is as they say .

Also, given the high grade they have mentioned in RNS I'm guessing the auditors would have done due diligence on this as there were expert consultants on site who would have been able to tell if they were pulling a fast one

Thinking that was a buy but hard to tell

Not sure as that guy pops up praising then one minute and then abusing them the other, the are processing and took the 1 million so should be paying the wages .

This would have also been picked up by people doing their Due diligence

Yep that appears roughly correct and market cap is bonkers but we have a few issues to work through

I tend to luck at kitco to research https://www.kitco.com/

I do what I can to help, there are some very nasty people in this trade, also some really good genuine ones .

Be careful off anyone ramping hard or the opposite , usually have agendas .

So far we are fairly lucky to have a decent balanced board, this will change as we see success

Hi ,

Think we all made some big losses, things are looking positive with people on site doing due diligence, we are processing high grade ore and buying equipment with the proceeds to allow further processing .

There are still questions that need to be answered around finance agreement (due soon possible with all the due diligence) and the prospectus.

As always, only you can decide and I really recommend you research all the RNs since Xmas to work out if you should stick your money in.

They did another smelt on Monday as they do most Mondays, this was in addition. Maybe they had ore stockpiled ready to demonstrate but the DD team would have seen the whole process of GCAT in action.

Not may miners this size can do this IMO, once the finance , prospectus etc is complete we should be back to where we belong

More important is the words in the tweet:

2nd smelt for the week, Ambassador Dan Kazungu, @CaracalGoldplc NED, and the finance DD team very excited to view the smelt and to hold the bar …. #GCAT #gold #mining #Kenya

Note finance DD team seeing end to end extraction through to smelt and finished product.... this is around $285k in this one bar and second of the week

Look at this with a photo https://twitter.com/CaracalGoldplc/status/1646790238147166208?t=bxBnbIW9mDN9QzzteCcydg&s=35