George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Ultimately, the funding will come when all parties are willing to sign .
If it's as far along as we think it is i.e. DD completed which appears to be the case from all the site visits and independent consultants on site back in March, April, May time and the final stages of documentation comments I think Sep could be reasonable.
A few of us have dug into the detail and linked some of the parties on site and their connections, if it is who we think it may be then they are making similar noises of final stages.
As always, until the RNS drops and funds drawn it's just hearsay and rumour . We know what happened with OCIM so being realistic with this
I'm not sure anyone actually cares who you are, just pointing if you are the ex chairman you won't be getting employed anytime soon with your unprofessional manner.
Your more then likely the same person who started the tweets around the same day or that guy with the awful teeth
If you really are the ex chairman you are acting in a very unprofessional manner , saying that I'm not sure anyone would be that naive to create a username like that.
Either that or that they don't like their future employment chances.
A little bit of advice is if you really are the ex chairman, don't air your dirty laundry in public, certainly not a good look is it?
As they say, one of the biggest test of characters is not how you act when things are going well but how you act in the bad times that show true strength of character , it's easy to win when everything is going well.
Let's see if they pull this off
Good to see a quick repair of the mill shaft, demonstrates they are working in a professional way and able to pay suppliers..
https://twitter.com/CaracalGoldplc/status/1696051507920093563?s=20
Positive chap aren't we , maybe you would prefer complete silence rather then some insights into what the company is up to and some visuals of day to day life.
As an investor, I value all forms of communication with a company I've invested my money in.
Yep, this is the reality.
We can bicker over details but we've discussed everything to death including prospectus , funding etc.
The reality is until we get the update/RNS it's all just noise .
This is why I've not been commenting on all the arguments and bickering on here, getting on with life
Worth a read and fingers crossed the industry sees a sentiment change, all of them whether us, TRX or Shanta are no where near their market values
This is a good read , especially the bit about junior miners at the end of the article
https://www.kitco.com/commentaries/2023-08-18/Gold-Futures-Move-Towards-Key-1900-Support-into-Jackson-Hole.html
Because they would want to do their own due diligence with their own trusted advisors especially when handing over that type of money in tough economic times.
Frustrating without a doubt for us holders, as long as they pull it off soon and it's all done correctly that's all I care about
Glad to help and definitely interesting as to why they visited , maybe want some guaranteed gold sales or something like that in exchange for upfront payment OCIM style.
Day to day production is key whilst we await financing so good to see progress, fingers crossed progressing as suggested
Here you go
Appear to have some new visitors that are from Dubai, heap leech is getting loaded after a reworking and some pictures of rock samples
Exciting week at Caracal Gold PLC! Our Kilimapesa team had the pleasure of hosting some visitors from Dubai eager to collaborate. Kudos to Mark and our exceptional health & safety team for an insightful mine tour. Heap leach project revamp is a GO, and we're diving into Grade control on pit 1C – our prime active mining zone. Stay tuned for more golden updates!#GCAT #GOLD #Mining #Kenya #Tanzania
More plot twist here then Eastenders: https://twitter.com/i/web/status/1692478207428083865
Good question, I suspect now as they shut the underground bit and didn't start digging the open pits until March from the high grade zones.
Q3 will be interesting as downtime in June meant they had plenty to process in July which they did according to the Twitter, the limiting factor as Robbie mentioned on the interview is the processing infrastructure, apparently all ordered and partially paid for , just needs the funding to pay off and deliver...
Good insights, thanks for sharing .
Let's see how H2 23 goes, hopefully we see further growth and the funding etc sorted
Let's not spread rumours on funders, no one knows who the funders will be until they are announced via an official RNS .
Many companies appear to have visited site so to throw names around is guess work at this stage