Member Info for AG1989

Anybody that endorses Lordsidcup, recommends his comments or gives him the time of day, deserves to lose every single penny of their investment.

By FAR.. The most dangerous poster I've ever encountered on LSE, nobody comes close. The share price is 90%+ down since he started cheer leading this, but apparently, we're the "TROLLS"

Be more focused on why the board are not looking after your investment and building it into something tangible. It's on Naheed, not us

Just for context, absolutely no idea what the POG will be in 2 years time, and this is before AISC, but the $850 per oz from what was used in the DFS, to what the live price is today, means an additional $54,000,000 revenue per year - based on 64Koz output (For the first 5 years)

Insane figures

$7 shy of $3600. Crazy crazy crazy.

Thing is, we don’t have to be anywhere near production to benefit from that gold price. Once the mining permit is granted and construction begins, investors will flock here because the economics and value are too good to resist.

Could anybody paste the research note onto here by any chance ?

Even if so, it’s understandable using such a conservative gold price, for now.

Gold at $3551!

It's on steroids. Those who have a pathway to production will benefit more than the rest

US$479m free cash flow ('FCF') over life of mine ('LOM')

Still staggers me.

-Based on 531Koz and not the 1Moz+ Cora will prove up (Probably double in the DFS)

-Based on a Gold price $800!! below what todays actual Gold price is

- Had to move planned construction because there was Gold in the ground

-Not taking into consideration the Exploration upside potential of Sanankoro which I believe could hit 2Moz easy

- Current resources open at depth and along strike

We'll be printing cash in a couple of years, no reason this couldn't be a £500m MCAP company in 3-5 years IMO.

"also mentions having to move plant construction site as the proposed site had gold underneath it"

hahaha you can't make this stuff up can you, brilliant, not surprised one bit. Do you have to subscribe for this interview Smudge or is it free?

2022 DFS:

Machinery and equipment: $34.2m

2025 DFS

Machinery and Equipment: $47.6m

A $13m increase in just 3 years. But the economics and growth of the project are so big, this be easily be swallowed up.

You'll probably find that the first couple of Quarterly results will be brilliant, and exceed expectations. Year 1 is all about targeting the shallow, high grade pay at surface. Millions in the bank and debt paid off as fast as possible.

Sufc - the numbers do look good. Reserves of only 531Koz used, when we know in time, with further drilling, that resource is easily converted to 1Moz. When you begin factoring that into the valuations, the possibilities look endless.

Fund from within. Senegal can all be funded from within and we produce on numerous fronts.

Yeah, each to their own, but personally it’s far better than okay. It’s a significant upgrade from the last one, and a timely reminder to the market, of what’s to come at Cora.

It’s definitely meaningless without a mining permit, and the mining permit is meaningless without strong, forecasted numbers like we got today.

Like I mentioned in a previous posts, the markets reaction today is secondary, the delivery of that announcement and what it means, is most significant. I think we’ll see the permit news before new year. I thought we’d have seen it by now, but if I’m wrong, I’m wrong. It’s a 21 month project build, I can wait whatever it takes.

Muldoon - I think it works in stages here. Il take a modest 15% rise. I’m more interested today in the DFS results and what it means for shareholders in the future

Another large piece of the puzzle remains, and that’s the mining permit. The companies wording and trying to wrap up that process, fills me with confidence that it’s days or weeks away.

Once completed, the mine construction can begin immediately and it’s only looking forward from then on. I think we’ll see a slow and consistent surge into the Cora shares over time rather than immediate 300% spikes.

The only elephant in the room, was the AISC. We all knew it would increase. Riding global inflation since the last DFS and various other factors involved. But those post tax valuations show nothing but upside for Sanankoro.

Undervalued beyond compare.

Just seen at the bottom - At a $3250 Gold price (still under the current price), the FCF is over $600m

They should buy 4 drill rigs, employ their own team and drill that place to death. Theres gold everywhere and it all starts mainly at surface.

Outstanding!! Really is.

$479m LOM free cash flow. Thats just insane, especially when you consider the current market cap. That’s even using a conservative gold price, $700 currently under market value. If the gold price stays strong, the results for the first couple of years will blow those figures out of the water, those already strong figures.

I love how they use conservative estimates allowing for resource growth and drop in gold price. All in all, outstanding, will be debt free after 1 year and millions in the bank.

You look at companies market caps, in the hundreds of millions and billions who’ll probably have 10-20% of their MCAP in FCF, the room for expansion here and growth is enormous. No nonsense, free digging, easy to get to gold.

Mining permit wrapped up soon and we’re off on one hell of a run. Amazing

Yeah, 65% owned by only 5 entities is huge.

When I was buying around 4-5p, it was slim pickings, very slim pickings but I managed to get what I needed. Not letting them go.

It's a 12-18 month Construction period, so happy to wait as long as it takes these next few months to get the news we need

Strongly convinced that if Cora and Sanankoro were in Australia, this would have a current MCAP £100m+. Easy.

So that’s the risk. Not the most desirable jurisdiction, nonetheless, Mali remains a huge Gold producer that relies heavily on its gold exports.

- 1Moz resource

- DFS due any time with game changing values

- Mining approval around the corner

- Financed for mine construction

- capacity to extend the resource millions of ozs.

- Gold starts at surface

- free digging oxides which massively saves on AISC

For this price, what is there better out there ? Really ? Like Smudge says, the AIM is such a volatile market as it is. I’d rather be backing the horse with a plan, and Gold production on the horizon than chasing empty promises elsewhere

Best best of luck in your endeavours

Certainly hotting up Smudge, my shares nicely stashed away too. The DFS should be game changing considering we have a larger Resource included and price of Gold is currently $1,600 an oz higher than it was on the last DFS. Even with Mali's share, the potential is mouth watering.

Couple more photos posted today on the official Cora X account

"More photos from Mali as Cora progresses towards the completion of the DFS.

[1] Project Director, Lourens Steenekamp, at camp with ESG Manager, Djibril Sanogo and the Sanankoro team;

[2] The Cora team meeting with M. Yacouba Kebe, the Chief of Staff of the Ministry of Mines, and Mali’s National Director of the Geology, M. Issa Coulibaly;

[3] Cora Head Geologist, Murray Paterson, Country Manager, Siaka Koumare and Lourens Steenekamp."

https://x.com/cora_gold/status/1956294810001629359

that part worries me the most spm. general purpose capital, what even is that? she diluted the living **** out of this to the tune of £4-£5m to raise funds for the green hydrogen project. a number multiple times the current mcap, and money which should have been thrown at nz, to keep it 100% owned, and develop a 2moz resource before casting most of it off in one of the worst jv deals i've seen.

can go round and round in circles but she's done too much damage now, time to go. the share price under her reign has fallen 99%. if that isn't enough evidence alone, i don't know what will be