Member Info for sw10000

Good to see some weekend tweets, mill running https://twitter.com/CaracalGoldplc/status/1632246098092859392?t=xocHhawrLcFuZHuI9ILVlw&s=19

Also, answering share holder questions

It’s a good question …. We are Mining Kilimapesa Hill - so we are years away from actual conventional open pit. The Hill varies between 100 and 150m high. The west open pit current workings are 27m down across 80m strike. The east pit we are 11m down across 50m strike.

Question 2:

The current resource on Kilimapesa Hill extends approx 1.5km and gives us over 10 year mine life. Once the hill is mined the workings will become “open pit” and our initial drilling shows mineralisation down to over 200m …. We are only scratching the service of Kili Hill ????

Fingers crossed we get to see them loading the big heap leach at some point over the coming days/weeks etc, that's massive compared to the others

Nice to see some more activities: https://twitter.com/caracalgoldplc/status/1631622268722855937?s=61&t=GlWVbIxk_SrNsvUu4PHkHg

Good to see more positive signs coming out of the company given the tough months in Dec/Jan LTH went through

Website looking very good now, new ESG sections https://caracalgold.com/esg/

Also a lot more detail on the various mining sites, worth a good review for anyone looking at GCAT. Definitely starting to look more professional

Appears the mill may be operational again https://twitter.com/CaracalGoldplc/status/1631548291354701824?t=-u0fjA2M-GV99rtNTELObQ&s=19

https://twitter.com/CaracalGoldplc/status/1631225317070196742?t=BurTZsDxMX7DSWilcJC3vA&s=19

I suspect they advised them strongly to get their house in order

Fair comments there I think and I guess on the prospectus we will find out, I suspect it's linked to governance review.

If I was an organisation with governance issues I would want to have an independent review, come up with findings and a clear structure to present this happening again.

Then present back to the FCA whilst grovelling etc and stating we've removed people responsible, new chairman steps in and prospectus issued.

Whilst the FCA needs to do its job, I'm sure it's not in the business of putting people out of business for mistakes as long as there is a clear plan and path, they will probably be closely scrutinised also.

Metro bank made some clangers a few years back

According to LinkedIn he's still there as group CFO at caracal

Good to see they are improving corporate image and starting to look more professional.

https://caracalgold.com/

New website also removes previous BoD, also cleaner and easier to use.

Just need governance and finance (I know it's not as simple as that) , hopefully this is the first signs they have turned a corner.

Interesting also they have a German language version available ..

That would be a positive thing to do but not expecting anything towards the end of March funding and governance wise, anything earlier a bonus

Saw the old 1 trade myth

Good news is we have a gold pour https://twitter.com/CaracalGoldplc/status/1630211596961165312?t=2DHRJVGDcauSzevWKF5dkQ&s=19

Just need to understand how much and the asic

Agreed, talking about making another gold pour on Monday. Definitely moving in the right direction again , just need those underlying issues sorted.

More gold drilling results due also over the next few months

https://twitter.com/CaracalGoldplc/status/1629477599884845058?t=HtVBG35EJfGTZ87RmkGJfw&s=19

Good to see the company actively updating on day to day activities, just seen a new one released tonight and looking like good progress.

A nice tweet from Sharetalk saying it's the best company twitter feed they've seen for a while.

In all the negative sentiment over the last two months it's nice to have a positive, fingers crossed they have long term funding coming , governance should be sorted in March if they keep the deadlines .

Hopefully new chair will also take up the role he is doing as a consultant at present

I've been saying that for the last month ;0)

Best of luck and fingers crossed it turns soon, Twitter feeds showing we have an operating producing mine.

We need to sort the governance which they've promised by the end of Q1, new chairman comes onboard (working for us at the moment in a consultancy basis) and then funding .

If they can sort these we should be good to grow, we now need the BoD to execute flawlessly, then let the chairman operate the finance, governance side and Robbie get on with mining/expansion

For anyone following on Twitter there have been additional updates from GCAT, pad1 under irrigation, pad2 loading up. Apparently they have a night shift coming on also.

Obviously serious about meeting a certain target I'm guessing, could it be the 1000k/oz a month they are trying to show.

Anyway, this is what we want to see the company producing, sort the finance and the governance issues and we should hopefully be back on our way

Here's the info from the tweet.

1st lift on pad 2 beginning, targeting 700tpd so this lift should be under irrigation by the weekend ???? pad 1 in the back ground

Here is information that aligns from.Nov 21.

The ongoing optimisation of the gold processing plant is designed to achieve steady state throughput of over 700 tonnes of ore per day, and is progressing according to plan.

The monthly gold production rate should hit 1,000 ounces by the end of the fourth quarter.

Interesting they mentioned 700 tpd in one of the tweets, they mentioned this figure would be needed each day to reach 1k/Oz a month .

Maybe a hint

Still look to be producing at WK, have significant licenses for JORC compliant resources, the problem is a certain war.

Not worth giving him the time and effort, tried it with EUA back in the day.

The FCA are very aware of him