Member Info for AG1989

Reiterates raglan will cover the running costs of the company whilst the other PRODUCTION assets will see us into Profit. Blue Mountain is a 10 Year plus asset

Fantastic interview and nicely touched upon raglan - No issues at all, the team have had some time off over Easter and operations will be Ramping up. Previously stated about production at BM later in 2026, he still believes this to be the case moving forward.

Estimated to pull 2,000+ Oz out of one of the new underground mines before exploring and producing further

A recommended watch for all shareholders

I posted number 2 twice. My mistake. This was part 1 of the thread

1/x We have followed a very similar playbook to $TRE.AX here, and see a similar timeline to permitting as Toubani.

On that basis, Sanankoro would be pouring first gold in December 2027.

Great post and huge exposure for Cora with over 700 likes. A good pour aimed for December 2027 is a massive hint. Here’s a breakdown of the X post

EEA announced a transformational $120m stream financing package for $CORA.L, a junior gold miner in Mali, West Africa.

$CORA.L's Sanankoro project is now fully financed to first gold.

A thread on the transaction 🧵

————

2/x ~480koz LOM production @ $4,000/oz = ~$1.9bn revenue. On a conservative $2,000/oz AIC, that's ~$100m FCFE p.a., with meaningful upside from a likely LOM extension.

This is against a market cap of ~100m USD today.

————-

2/x ~480koz LOM production @ $4,000/oz = ~$1.9bn revenue. On a conservative $2,000/oz AIC, that's ~$100m FCFE p.a., with meaningful upside from a likely LOM extension.

This is against a market cap of ~100m USD today.

————/-

3/x EEA's stream is importantly UP TO $120m, thus leaving CORA with the optionality to refinance up to 50% of the stream with traditional debt.

This $120m stream along with the equity funds raised earlier means Sanankoro can get to first gold with no further equity dilution.

————

4/x EEA will support management in capital allocation and to help deliver this project, which will create immense value for shareholders, the Malian government and the communities surrounding the project areas.

The next 12 months will be very exciting.

Nice little move up with permitting to come.

It’s the news which is most pleasing. A significant milestone to set the company up for production. Good to know we’ll also be debt free within 12 months of mining too. Full steam ahead.

Have a great weekend Cora Gang

Yeah, the Resource base at Sanankoro has a lot more to give, not just from existing Resources, but finding new discoveries, which we will

And growing Senegal at the same time

I think there were always going to be terms involved however we secured that money. $120m secured on an equivalent market cap of around $95m.

For a company that’s had to raise and dilute shareholders for years, this agreement now sees us through to the point we can pour Gold and generate our own income. It’s huge step for the company.

Bert Monro, Chief Executive Officer of Cora, commented, "This US$120 million gold stream is a transformational milestone for Cora, significantly de-risking Sanankoro, providing a fully funded development Project alongside our existing equity. Importantly, the flexibility within the stream structure allows us to optimise the financing package through the introduction of traditional debt, while retaining the Stream as a committed fully funded construction solution.

"Our September 2025 DFS, demonstrated the compelling economics of the Sanankoro Project, and we are now focused on advancing the Project into construction and ultimately delivering first gold. In parallel, we remain highly encouraged by the broader resource and greenfield upside across the project area and will continue to pursue a dual-track strategy of advancing development while systematically growing the resource base to support long-term production.

"EEA has proven to be a highly supportive and knowledgeable partner, following its recent £13.7 million equity investment and this Stream transaction, and we look forward to continuing this relationship as we progress permitting and advance the Project toward construction.

"As previously reported, permitting continues to progress well, supported by ongoing constructive engagement with the Government of Mali. As the final key regulatory step ahead of construction, permitting represents one of the last stages of de-risking as Sanankoro moves towards development."

Hope today goes welll for you Smudge mate, thinking of you.

But definitely. It’s what we all deserve after years of waiting. Transformational is the only thing I can think of right now

Finally. Welll done everyone and all involved. Absolutely buzzing

Cora Gold Limited, the West African focused gold company, is pleased to announce that it has signed a binding term sheet for a US$120 million gold stream with Eagle Eye Asset Holdings Pte. Ltd. ('EEA') (the 'Stream') to support development of the Sanankoro Gold Project in south Mali ('Sanankoro' or the 'Project').

Yeah, I agree there. I do believe though Raglan can increase the value, but if it just sets us up for BM, that alone can be significant.

The company have stated BM before the end of the year 26, it would be nice to hear incremented updates throughout the year which I believe we will. Even if it all begins in 2027, production at Blue Mountain is the goal and the company themselves have stated this.

Here’s to a future of updates and progression.

Coco - genuine question - Do you believe there is value to be made from the current share price today for investors, in the next 18-24 months ?

Posted just on his X account, he’s broke his ankle last week on a mountain walk

Back in the office moving forward concentrating on ECR projects.

Get better soon Nick.

The board have invested and purchased Assets and Projects that in the medium term will deliver Revenue to the company. This making them sustainable from within, relying less on placings, which as a shareholder would have diluted my investment.

Not taking advantage of me. The current pathway ahead is most welcomed. Companies DO NOT release production figures every 3 weeks, or every time the Callander is turned.

The sudden expectation to deliver, after only completing the Raglan acquisition last year, is laughable. They’ll prove it up as they go and release the reports, when ready. If that can’t be understood for any reason, you shouldn’t invest. Not just here, but in total.

100%, no reason at all. Similar ground, same Investors on board.

Great to see Toubani going up like they are, only difference is they've had the go-ahead for their permit, and to begin construction. This is the news we're waiting on here.

Toubani now valued at the equivalent of £240m.

Not intentionally or deliberate, but the Company have kind of geared us up and right now, without wanting to put too much anticipation on it, I'm really keen to see the results of what they've been up to these last 3 weeks.

And by results, that can range to actual Gold figures, to just further Trenching and Sampling tests. But after seeing what was possible with the 1,000 the other weekend, and with PAY being so shallow, there's no reason to hit it none stop moving forward.

Even those conservative estimates TS, are Value adding numbers on their own, and with this just being Phase 1 with a lot more to come, its encouraging signs

19% up for the week.

Great stuff, have a good weekend everyone.

Something I believe will NOT happen**

HarChris - That’s a very open way of looking at the situation, raising money because you want to, compared with because you have to is completely different. But i’l reiterate, this is something I believe will happen, but if it does, it would be a major positive, as opposed to raising £1-£2m to drill holes 500m below surface not knowing what you’ll hit.

And agreed TS, very much looking forward to the update. Do you believe there would be any benefit long term at BM, and especially Lolworth, to implement Solar energy if they could ? Reduce costs long term and add more to the bottom line