Cora Gold Share Discussion Threads

[plat hunter] 25/5/2022 06:05

Unlikely... HUM's outstanding DFS isn't coming out of Mali

[oapknob1] 24/5/2022 17:26

Driven by situation in country.

[plat hunter] 24/5/2022 09:44

Either or I suppose... HUM in same boat too atm, they're waiting on the Dugbe DFS from Pasofino.It was first expected by end of April then it was by end of q2 and now the verbage has changed again to 'soon'

[oapknob1] 23/5/2022 15:43

To DFS or announcing delay ?

[plat hunter] 23/5/2022 10:11

One week to go... Tick tock, tick tock

[oapknob1] 20/5/2022 22:26

A Definitive Feasibility Study is expected to be completed in H1 2022.Is there a delay or typo in broker note ?

[plat hunter] 20/5/2022 09:17

You covered your net drawdown from in here then chesty?Good on ya

[plat hunter] 19/5/2022 10:35

So long as you've got online friends then q2g all is good...Ha ha ha ha you are an idiot. Remember who said 20p to 8p and 8p to 6.60

[q2g] 18/5/2022 16:40

No wonder you're so disliked on these boards, you supercilious twit.

[plat hunter] 18/5/2022 14:06

Just watch and learn... I've already stated what the issue is here.You'll get a pump and dump for the DFS and then the funding announcement but the only people to benefit here are bod salaries and lionhead

[q2g] 18/5/2022 13:59

Pathetic response. I'm not ramping. Is saying what you believe ramping, or are you de-ramping about a company you profess to have no interest in ? Peculiarly you keep on posting here, so it may well be you're a secret buyer.


When did I 'ramp' at 20p, and I've said before I have a whole range of buying prices.

I'll eat 1% humble pie if you prove my 'ramping' !

[plat hunter] 18/5/2022 12:22

Well that certainly explains why you was ramping this at 20p then I guess

[q2g] 18/5/2022 12:19

Plat -You can put any spin on it you like, but the HUM share price tells a different story.

Please continue to live in fantasyland, dreaming up all sorts of justifications, and quoting bits out of context.

[plat hunter] 18/5/2022 09:34

You have a lot to learn q2g... Yanfolila fully optimised runs at 15% net margin on 2.1% grade.To put that into perspective, a like for like comparison on a debt free project, fully optimised is... Every 1 ounce from Yanfolila being equal to 2.5 ounces from Centamins Sukari.Now that you've seen what happens to the cost curve for 85k ounces at 1.8% grade... How on earth do you think cora can perform better with grade of 1.4% for 40k ounces???You are beyond clueless man.

[q2g] 18/5/2022 08:53

Oh, and I don't see Barrick pulling out of Mali anytime soon !

[q2g] 18/5/2022 08:48

Plat - individual companies like HUM have dreadful margins. At the end of the day, for the average company, the price of a commodity determines a companies' profitability in terms of the recognised ratios.

[meanreverter] 16/5/2022 17:46

Cora has the kind of deposit that will happily become a profitable dividend-paying mine. Of course, the present share price reflects a downside: namely, the country in which the project is situated. What the shares are worth is mostly about the risk you attach to that.

[plat hunter] 16/5/2022 08:15

No... that's a very naive understanding, there's so much more going on than the price of a finished product.Any net margin over 10% is considered excellent for a commodity producer. It's not just earnings that are leveraged it's also costs.

[q2g] 15/5/2022 17:39

Regardless, it's the price of commodities, particularly gold , that determines companies' profitability.

[plat hunter] 14/5/2022 10:54

Mali's land locked, closer you are to the sea the cheaper it is to operate. Lots of Malian producers have struggled with the cost curve since the coup. Regardless of what individual companies stating that the sanctions aren't hitting operations, they are certainly hitting costs.

[oapknob1] 13/5/2022 07:23

"We are hoping the new government will agree to elections, but this is a government that is committed to gold mining like every government before. They understand the critical importance of it and Mali is a good place to be in the gold mining industry."Or understand the critical importance of lining their own pockets.

[q2g] 11/5/2022 21:01

Mali's terrorism has been around for at least 50 year and its intensity and importance is totally overblown by the media, except of course for the poor people in the north who suffer from it. By far, the major part of the economic hub of the country lies in the central and southern parts, with the northern part of the country being really just a wilderness,

Anyway, gold exports are absolutely fundamental to the country's economy, so everything possible will be done to protect this valuable commodity, no matter who's in charge of the country. HUM's performance has hardly helped sentiment here, but that's a different story, and doubtless, mistakes made there will be taken on board by Cora. HUM is not representative of what's happening to the county's gold industry, but logic suggests that even there, necessary fundamental changes will have a beneficial effect.

The small mining market is all negative sentiment driven at the moment, which is a bit of a disaster for small would-be miners like Cora, which is hardly unique in this situation.

When the worm turns, it'll be spectacular in my opinion.

[oapknob1] 11/5/2022 20:21

Good article with mixed views.https://www.miningmx.com/top-story/49492-b2gold-aims-to-double-fekola-output-even-as-mali-struggles-with-new-democratic-order/