Member Info for sw10000

Well done and welcome, looks like you've got off to a good start and fingers crossed you have many returns on your initial investment

They are not doing exploration drilling to sample, they are just digging and processing as it's such high grade, sticking through the onsite lab and processing.

He stated he's really excited over what they are processing over the next 10 days and have at least 90 days of processing ahead .

This could allow them to pay of the CLNs and avoid if it's as good as they say. They aim to be doing exploration drilling start of Q3 once finance secured

Quite literally struck gold

Here's the link

https://twitter.com/StockBoxMedia/status/1638209137174626305?s=20

Funnily enough I was thinking the same having read the bit on the on-site lab, how handy

It's long term where the value is with this 1p would be nice but I invested for the long term vision of 24-50k/Oz.

Certainly is a cracker, fair play to Robbie and the rest of the team for getting their heads down after what must have been a very tough time

Nice to see you hang around ID78 and refreshing to see an investor that can give insight but also show positive sentiment when things change.

If you decide to come back or are in, best of luck and keep the balanced post coming

Imagine when heap leach 4 comes online

Well done to all those that held

https://twitter.com/AimforProfit/status/1638073240051384321?s=20

Don't think that's Robbie, that's one of the operational team

Nice start today with shots of gold produced , small but a good start https://twitter.com/CaracalGoldplc/status/1638047475981336579?t=4lx2QpEpAc8Uy5v8_4TFfg&s=35

Anyone know what size this is?

I believe it's a 15 min delay, usually down to the service they offer I guess

Agreed, if GCAT can deliver on their roadmap (albeit delayed by at least 6 months) we should be many multiples of where we are now.

TRX gold are going around 5k/Oz a QTR and a similar JoRc size resource to us , they are open pit with lower ASIC valued at around $110 million.

Get our issues around finance and governance plus up production to at least 1k/Oz a month and we should be in for a serious rerate

Let's focus on GCAT and leave any association with Jason in the past, all I care about is us going up and proving out our value.

It's not worth getting into a grudge match with MARU holders, each has their own pros and cons

Another tweet with mention of a pour today https://twitter.com/CaracalGoldplc/status/1637680501845643264?s=20

Good has also just surpassed $2k/Oz ...

Things appear to be coming together

Had a second interview and it's a good one, good they addressed the challenges i.e. OCIM and how they were geared to ramp up massively, the way the funding was pulled genuinely look like GCAT thought money was in the bank.

Obviously shock factor sunk in but they appeared to have picked themselves up, learnt valuable lessons and have a good plan going forward .

Yep, great to see they are trying to improve sentiment and appear to be upping their game in the process, let's hope no more false dawn's .

Admittedly, we will never know how much OCIM pulled one on them it whether it was a legitimate reason to pull the finance, fingers crossed OCIM see this as a strategic mistake on their part in the future

Seems like a win win approach, lets hope that's a route we consider. Also, given they are also in region that surely helps.

Maybe we could also use some of their processing facilities whilst ramping up production at GCAT

Potentially, they tweeted the other day TRX were onsite for an inspection , they were then going to view the open pit, mill and safety procedures.

They quickly deleted the tweet but we caught a screenshot on the telegram group. The chap in the room people identified was called Khalaf Rashid .

People checked him out on LInkedIN and he is Senior Vice President (Tanzania) https://www.trxgold.com/corporate/executive-management/default.aspx#Khalaf-Rashid

He is responsible for driving business growth... why would he be there