Cora Gold Share Discussion Threads

[glavey] 25/8/2021 11:34

You can't compare assay results with a producer - those will be depleted very soon. These are in store, for safe keeping, so their value is protected.

[chesty1] 25/8/2021 09:43

Literally as you typed it ticked up! Keep it coming Plat

[nickypg] 25/8/2021 09:33

Your ability to read.... It is Lionhead not Lionheart.

[corrientes] 25/8/2021 09:07

He never gives up ; a naturally born loser ; a simpleton who clearly prefers the game of drafts to chess, as also demonstrated on certain other threads.

[plat hunter] 25/8/2021 08:55

Chesty... you misunderstand and your ability to read appears to be either full on ignorannt or Tricolo level intermediate at best. Perhaps we shouldn't expect anything more from a full tilt one stock aim punter though, so I'll repeat what I've said many many times. The share price here doesn't concern me in the slightest and I have nothing against Cora at all. A surging share price doesn't make your cretinous understanding of facts anymore correct. The facts are.. Cora has negative cashflow Sonko build will be atleast 80-100 millionTerm sheets are non bindingLionheart term sheet will equal 60% dilutionNow run along, do your pump and dump as much as you want but if you don't keep it factual or realistic, I will correct it.

[chesty1] 25/8/2021 08:43

Plat Hunter keep on spouting your dribble! Ever since you started posting here the share price has continued north!

You wanna concentrate more on the dog stocks your dabbling in bud.

[plat hunter] 25/8/2021 08:33

Lol you literally have no idea how much a build costs then do you or how financing is decided and agreed.You need a dfs first but don't let that put you off the incoming 60% dilution for lionheart

[tens machine] 25/8/2021 01:01

The complete financial package is $42mUS$21m Term Sheet to finance the development of Sanankoro on completion of a positive DFSo US$6m Equity Financingo US$5m Convertible Loan Noteo US$10m Debt Financing Pretty sure debt could be easily doubled even extended to circa $30m+In the meantime just keep proving up more resource

[chesty1] 24/8/2021 12:15

Very nice.....Bring on the next round of assay results (or will the next RNS be something even juicier)

Happy Times ahead.

[bumpa33] 24/8/2021 12:01

Not a bean to be had on the offer right now…

[chesty1] 24/8/2021 11:24

Let the trend be your friend!

Enjoy

Edited:

Strong push north is coming!

[chesty1] 24/8/2021 08:26

Nailed on blue day here folks!

[plat hunter] 23/8/2021 22:41

Q2g, There always new mines, they just don't all out of the sky you brain dead cretin

[plat hunter] 23/8/2021 22:40

Lol at smudge.. yes yes of course, filter away nothing to see here, no need for dilution, they have loads of money in the bank lol

[q2g] 23/8/2021 22:29

Naturally par for the course, Plat Hunter. You are myopic and pessimistic. Try and look at the other side of the equation as well ; likely gold price, and the AISC. According to you, there can never be any new mines, but somehow or other, they do get built.

It must be a bundle of laughs living in your household !

[smudge104] 23/8/2021 21:23

Filtered, simple

[plat hunter] 23/8/2021 18:45

You miss understand Smudge, I have nothing against Cora. I was merely pointing out how hilarious your post was claiming that they'll be pouring gold next year and that gold producers have higher share prices than 14p.


It's also amazing that you think they can build a plant for 21 million usd. They'll need at least 100 million, so where's the other 79 million coming from? Also Term sheets are non binding, even on the delivery of a DFS they can walk away. If they don't then that's 21 million dollars worth of dilution.


Wowsers, as it stands that's circa 60% dilution on current mcap, just to fund the equity part of the finance assuming that it'll be a 80/20% ratio. Ramp away lads you're gonna need it.

[smudge104] 23/8/2021 17:29

TPI is suspending its base-case risk-adjusted equity valuation ahead of updated mineral resource estimate

Today’s news adds further weight to the expectation that Cora’s latest drilling campaign and prospective DFS have potential to deliver
significantly improved mining economics for the Sanankoro Gold Project. With the current share price now close to the target set
back on 18 November 2020, TPI is now suspending its assessment in anticipation of publication of a substantially improved compliant
mineral resource estimate before the end of 2021 followed by construction of a gold mine in 2022. The original assessment determined
a base case DCF valuation of £37.8m, implying an adjusted target price of 18.4p/share; an updated valuation will likely not only factor
in the anticipated resource enhancement, but also adopt less prudence in terms of the forward gold price (previously set at US$1,600/oz
and presently trading at over US$1,785/oz)), while possibly also reducing the previously applied 8% discount rate as well as
multiplying the modest £3.8m exploration upside that had been assumed. This is before even considering the additional opportunity
presented through the Company’s Madina Foulbé Project (or Diangounte East or Yanfolila), whose potential has already been
suggested by the large soil geochemical anomalies encompassing the prospect along with positive historic drill results. Having also
been based on just a limited resource and a short three-year LOM, centring the new drill programme on opportunities such as Dako
II (where mineralisation has been intersected up to c.175m at depth), substantial upside potential remains given that under 25% of
the prospect’s total 40km strike length has been drilled to date.

Cora’s ability to continue progressing Sanankoro’s development toward mine site construction over the next 18 months or less, as well
as continued execution of successful exploration programmes within its other prospects, remain the key drivers of its valuation. In
this respect, potential upside for Cora was highlighted in a Research Update published by TPI on 1 March 2021, in which comparison
was drawn with what is probably its most obvious albeit more advanced peer, regional Malian gold miner Robex Resources Inc.
(‘Robex’, TSXv: RBX). Robex filed an updated NI 43-101 technical report containing the mineral resources/reserve estimates for its
Nampala mine as at July 31, 2020, which resulted in the extension of its LOM to over eight years, despite achieving a head grade of
only c.1.00g/t, compared with the 1.50g/t indicated for Sanankoro in its Scoping Study. With Robex’s market value having multiplied
around 4-fold over the past 24-months following its delivery of best production expectations while also responding to an improved
gold price, this performance presently awards it an enterprise value of c.CND$233m with shareholders also having benefitted from a
dividend pay-out that implies historic yield of almost 8%.

[plat hunter] 23/8/2021 16:44

Yes smudge do some research.You're way off mate