Cora Gold Share Discussion Threads

[q2g] 29/7/2022 15:12

So private shareholders are being shafted yet again.

[oapknob1] 27/7/2022 14:27

Will they make the payment?

[sipptrader88] 22/7/2022 14:59

top up opportunity.....took 100k today....will add as things progress...new presentation out today! GLA.

[candlestick1] 21/7/2022 17:25

Already here, on the bid. Bet they wished they had sorted the DFS earlier. Term sheet is going to be at 4-4.5 at this rate

[plat hunter] 21/7/2022 15:50

4's coming... Surely not?

[plat hunter] 18/7/2022 09:19

DFS delay here is sanction related, hence why the environmental study has been submitted for gov approval, in advance of the dfs being issued.End of July is key a date, Goita reckons all the missed debt payments from the technical default will be fully paid by then. DFS will follow quickly after this event imo.

[plat hunter] 15/7/2022 07:49

From circa 20p Sleeven i think too.

[sleveen] 15/7/2022 06:11

Was that you PH?

[plat hunter] 14/7/2022 18:42

Someone was calling the term sheet only advantageous for Lionhead for several months.

[q2g] 14/7/2022 18:39

Yes, a wonderful opportunity for THEM. What wonderful timing for THEM.

will the company/THEM play fair with the external shaeholders ? Not bloody likely.
The worst aspects of the Market is about to surface.

[plat hunter] 12/7/2022 12:35

When the tides turn... I'm afraid the water has since evaporated, zero transactions again today.

[q2g] 12/7/2022 10:41

It's not worth bothering to give the child any recognition. When the negative tide turns, which it surely will, see which company does better.

[chesty1] 12/7/2022 09:20

Plat Hunter30 Jun '22 - 21:48 - 1086 of 1088
0 0 1
5's coming, I thought 6.6 would be the bottom here.


Wrong again.

Sorry to correct you Platty I think you mean't this post for the dog HUM thread!

[plat hunter] 01/7/2022 16:31

Imports will be Russian with a huge discount thanks to western sanctions, which will net it off.

[oapknob1] 01/7/2022 07:03

India slapping 5% onto import tax for gold hasn't helped. Up from 7.5% to 12.5%. CORA need to get a shift on. It's going to be a long couple of months.

[plat hunter] 30/6/2022 20:48

5's coming, I thought 6.6 would be the bottom here. Wrong again.

[bocarugga85] 30/5/2022 08:08

How convenient that this decision arrives 2 days before they're supposed to have delivered on their previous outlined timeline. 🙄

[oapknob1] 30/5/2022 07:26

There's the delay. The updated MRE will be incorporated into the Mining Study for the DFS, which as a result of the work required to produce a new MRE and subsequent mine schedule will now be finalised in Q3 2022

[plat hunter] 29/5/2022 17:29

I posted this on the HUM board but equally applicable here. Geopolitical situation in Mali not deterring M&A it seems....B2Gold Corp. to Acquire Oklo Resources Limited and its Extensive Land Package near the Fekola MineNEWS PROVIDED BYB2Gold Corp. May 26, 2022, 03:15 ETVANCOUVER, BC, May 26, 2022 /PRNewswire/ - B2Gold Corp. (TSX: BTO), (NYSE AMERICAN: BTG), (NSX: B2G) ("B2Gold") is pleased to announce that it has entered into a definitive Scheme Implementation Agreement ("Agreement") with Oklo Resources Limited (ASX: OKU) ("Oklo") pursuant to which B2Gold has agreed to acquire 100% of the fully paid ordinary shares of Oklo (the "Oklo Shares") in consideration for 0.0206 of a common share of B2Gold (each whole share, a "B2Gold Share") and A$0.0525 in cash for each Oklo Share held ("Scheme Consideration"). The Scheme Consideration represents a purchase price of approximately A$0.1725 for each Oklo Share and values the transaction at approximately A$91.3 million (including up to approximately A$27.4 million cash consideration). The transaction as contemplated by the Agreement (the "Transaction") will be implemented by way of a scheme of arrangement pursuant to Part 5.1 of the Australian Corporations Act 2001 (Cth) ("Scheme"). Upon implementation of the Scheme, in addition to the cash consideration, B2Gold expects to issue up to 10,754,284 B2Gold Shares to Oklo shareholders, representing approximately 1% of the B2Gold Shares on an undiluted basis.The acquisition of Oklo is expected to provide B2Gold with an additional landholding of 1,405 km2 covering highly prospective greenstone belts in Mali, West Africa, including Oklo's flagship Dandoko Project (550 km2). The Oklo properties are located on a subparallel, north-trending structure east of the prolific Senegal-Mali Shear Zone, approximately 25 kilometres from the Fekola Mine and approximately 25 kilometres from the Anaconda area, where B2Gold is currently conducting a 2022 Mali drill program of approximately 225,000 metres of drilling with a budget of US$35.5 million.In March 2021, Oklo delivered an initial JORC 2012 compliant Measured and Indicated mineral resource estimate of 8.70 million tonnes at 1.88 grams per tonne ("g/t") for 528,000 ounces of gold and an Inferred mineral resource estimate of 2.63 million tonnes at 1.67 g/t for 141,000 ounces of gold.  The mineral resources are distributed across the Seko, Koko, Disse and Diabarou deposits, which all remain open and are expected to grow with ongoing exploration drilling both along strike and at depth. Significantly, B2Gold believes that approximately 65% of the resource is contained in soft oxidized material, which would be amenable to processing at B2Gold's Fekola mill. 

[plat hunter] 27/5/2022 08:46

You've filtered me just in time for the mass dilution event you've been so defiantly denying for the last 12 months as the share price tanked 60%How convenient ha ha ha ha ha

[q2g] 27/5/2022 08:26

As I've filtered this Prat, I don't know what he's saying, but so far he's been obsessed by a company he has seen fit to continually criticise. Maybe he's worried that they'll make a success of mining there which his beloved HUM seems incapable of doing so far. No doubt CORA will be learning a lot from HUM's travails, which I hope they can overcome with bad results now out of the way.

Maybe CORA has the 'Mali' disease, but instability has been in existence there since the year dot, and much bigger companies than HUM/CORA, haven't seen fit to quit the country. Virtually all small miners are down just now, sharing the same sentiment as small companies in other sectors. It needs patience to see them come good again, but things like the invasion of Ukraine is against an improvement for the moment. IMO.

[oapknob1] 25/5/2022 12:06

Isn't this the CORA BB board ?