Member Info for sw10000

Happy with any rise that comes sooner without a doubt ,but in no rush either.

The SP will catch up with the true once they reach their 24 k/Oz targets and probably before if they produce resource upgrades and info at Vim Rutha

Does happen in every share, this is a long termer and not a quick win, been in since Sep 21 and will hold at least another two years providing they meet targets.

Sadly, we are in an age of short attention spans where people crave instant returns. For example, we got the funding RNS everyone was asking for, that kept the masseds happy for a day or so before they started moaning they wanted another one .

Personally I just switch off and check in to see what's happening, never been so relaxed with a share

Haha, if you're one of the top rampers we are in trouble, where's Clifford 5th :0))

That would explain the constant trading and ups and down, am I the only one who hates the term "smart money"...

Be interesting to see what next week brings

Wouldn't want to be out of this over the weekend, get your tickets ready, I have mine ready to go ;0)

Apparently they are looking to fund expansion and GCAT freebies will pay for this easily, not distressed but remember the state the mine was in when they sold/gave to GCAT.

This is free money for them

This may be helpful

Caracal Gold plc, the gold producer with operations in East Africa, is pleased to announce that at 08:00 today its ordinary shares will commence trading on the Main Market for listed securities of the London Stock Exchange plc ('LSE') under the ticker GCAT ('Readmission') with contemporaneous dual listing on the Frankfurt Stock Exchange (WKN: A2AM01 and Ticker: FSE: 6IK). As part of the Readmission process, the Company has raised gross proceeds of approximately £5,493,885 through the issue of 638,951,276 Placing Shares completed in two rounds at a placing price of £0.01 per share, implying a market capitalisation of circa £14.5 million on Readmission.



INVESTMENT DRIVERS

· Cash generative and substantially de-risked

o Forecast low AISC-costs and strong operating margins from gold sales at 100% owned Kilimapesa Gold Mine.

· Defined growth strategy

o Phased growth plans and organic development at Kilimapesa as well as exciting acquisition opportunities under review.

· Robust market

o Gold market driven by several factors including financial and geopolitical uncertainties and low interest rates.

· Proven team

o Board and Management with track records in successfully developing and operating mining projects throughout Africa.



Robbie McCrae, CEO of Caracal, said, "We are delighted to commence trading on both the London and Frankfurt Stock Exchanges; with this milestone reached, we have a very exciting opportunity to continue to expand our mining operations and solidify our position as an emerging East African focused gold producer. To this end, we aim to rapidly increase production to +50,000oz p.a. and build a JORC compliant resource base of +3Moz within 12-18 months. We have already started an optimisation strategy at the Kilimapesa Gold Mine, where there is significant expansion potential and ability to increase gold production to 25,000oz p.a. and the resource to +2Moz.

We also aim to utilise our experienced team to acquire other complementary and strategically located gold mine and development projects in East Africa.

Taken from https://caracalgold.com/investors/regulatory-news/

Agreed, not sure why many people still keep thinking it is , little bit of research goes a long way

Welcome aboard, very good long term potential here.

If you haven't already do some background research on GCAT and you will see why the long termers have been excited although at time frustrated , the plan is very good and if Robbie carries on delivering we will be many multiples of here in 1-2 years

Yep, and the value now is far greater then it was at 1.3 or 1.8p before it .

Biggest we've seen I think in the 13 mo this I've been onboard, hopefully people are realising the value here and not a quick flip

Good points PF-Builder , I have also been in for a good while since Sep 21 and have a similar size holding, finished all my accumulation and just sitting here waiting for the company to deliver as they are doing to date with a few little slips but otherwise Robbie is delivering what he said they would.

Thought I come onto the wrong chat there, good to see lots of new people but lets focus on GCAT rather the constant comparisons, only real comparison is they both mine gold but very different

Or Goldplat offloading their remaining shares which is probably likely,

Agreed brilliant RNS, gives us a clear run way to deliver on 24k/Oz a year and beyond . Final commissioning to enable 24k/Oz is on track for March according to the RNS.

Yay greg25 is back , we've missed your 5p and 10p messages , we all hope they come true

I believe all Goldplat shares were freebies for transfer of the mine, there is obviously some monetary value associated with shares in lieu of cash but I suspect they are still in profit selling now.

Fingers crossed any gldplat sells are being transferred or soaked up by a long term holder

There is no news from the Telegram group that isn't public in an RNS, like here it's based on conjecture and discussion.

To do so would be breaking market rules which no one wants to see.

The only place we should see news is via official RNS and interviews by the company.

Maybe he should just stay at home then and not bother, many of these events and conferences aren't about the presentations themselves but the networking and talking to individual investors.

Since you've made up your mind the company is finished, I do wonder why you keep reposting the same message.