Cora Gold Share Discussion Threads

[oapknob1] 19/4/2022 18:58

SAE nice rise today. You on it Chesty?

[chesty1] 19/4/2022 11:36

My other gold play is on the move today & news due anytime now! WSBN on your watch list & get ready for the RNS's to start flowing in that one! This one will do very nicely from this level.

[candlestick1] 14/4/2022 05:52

Read the RNSs Glavey ffs. We know dilution is coming. It's been RNSd since last summer, tied into the term sheet. Guess what? Pre-revenue businesses need to raise cash. OMG, run for the hills!

[glavey] 14/4/2022 05:17

Dilution coming...

[sipptrader88] 13/4/2022 20:16

open in all directions...real goldmine this share....watch it perform...Load up for August each year as a trader but hold a core for investment imo

GLA BSB

[zedder] 12/4/2022 13:06

Quite a few 'goldies' seem to have sprung back into life. AAU, KEFI and ECR among some of those I've noticed.

[chesty1] 12/4/2022 13:05

I have added today! Just want my WSBN to follow suit and game on.

[chesty1] 12/4/2022 11:53

This does look like it wants to bounce! This and WSBN long overdue some decent news!

Be lucky to all

[oapknob1] 01/4/2022 21:31

PnD inbound

[bocarugga85] 26/3/2022 14:41

“ Thanks oap, i didn't realise that about quirk and lionhead.”

And yet you come on here and bash the company continuously. FFS.

[plat hunter] 26/3/2022 11:47

Ownership via debt

[oapknob1] 26/3/2022 08:21

(ii) the lowest price at which Cora has issued new ordinary shares in the 60 days prior to the date that Cora announces achievement of the Project Milestone (the 'Equity Financing')Does this mean CORA can effectively set the base price for the first $12.5 million ?If they raise at say 10p then that would be the share price base for Lionhead providing the $12.5 million. CORA will want share price higher to reduce dilution.10, 15, 20, 25 ?Lionhead will want lower maybe but they will recoup the $12.5 million and more as the share price rises.

[plat hunter] 26/3/2022 07:48

Thanks oap, i didn't realise that about quirk and lionhead. That makes it even worse considering the overall beneficial interest.

[plat hunter] 26/3/2022 07:43

It is, they'll be a placing regardless of how it's funded, there's no getting away from that but how much and who with will depend on the DFS.

[oapknob1] 25/3/2022 20:25

Isn't placing expected as part of term sheet?

[oapknob1] 25/3/2022 20:16

Poor for who ?Paul Quirk, a non-executive director of Cora Gold, is a founding partner and director of Lionhead. The Quirk Family are potential beneficiaries of trusts that own around 34% of Cora Gold through Brookstone Business Inc and Key Ventures Holding Limited.

[plat hunter] 25/3/2022 19:31

Also support from Coris bank might be on the cards here, they have the appetite but will only likely lend upto a maximum of 80% LTV, so a placing would also be in the offing.

[plat hunter] 25/3/2022 19:28

There is news coming indeed oapDFS is due so you can expect a little interest on that...Read it carefully though, if the DFS is good enough to knock lionhead out of the park then a nice little bounce it should be.Remember what i said months ago...The Lionhead termsheet is a poor deal.

[plat hunter] 25/3/2022 19:24

Why would I be angry Q2, I have a 60% discount. ;-POnly mugs claim to hold for the future but still comment on the boards everyday to ramp and troll.If corri and his ilk are here for what's to come in 3 years time, then why on earth is he going out of his way to argue with someone who has already been proved right?

[oapknob1] 25/3/2022 18:13

Ah. Must be news coming.