Member Info for AG1989

Not too sure about THAR LW as you can probably gauge from my previous posts, The hydrogen facility could be a game changer but a lot of hurdles and questions to negotiate. Funding for it being at the top of my curiosity list

I've seen these Gold acquisition plays before. Sometimes companies like to tie up land just to bulk their portfolio but leave them to gather dust. Northern Zone has numerous historical intercepts of shallow, small width low grade Gold. Gold which can still be mined and contribute towards a JORC resource, but it gives the company a better understanding of areas not to focus on. The better grade Gold seemed to be a little lower down between 150m-250m, still relatively shallow. Good to see Oracle put 7 Deep 250m holes "I think" into this campaign so the results shall be interesting, rather than 20-30 aimless 100m holes. Jundee East has very limited exploration and 4500m is planned in the near future so couldn't comment beyond this

I think for £8m its a BUY for me, and its good to see the CEO buying shares whenever possible. Frustrating for those that bought in not long ago probably close to a penny but thats investing for you, everybody will more or less at some stage have a different average, and it could completely change your complex when analysing ORCP. Hopefully the company can drive this back in the right direction

LW - ORcP is an underdog. But I’ve got in on the low. Not suffered a fall from 1p. Two gold projects in great jurisdictions and green hydrogen. Be interesting to see how this one plays out. Not clued up about THAR, but still worth a buy above many of my other investments.

Hey LW, in terms of wsbn I derisked myself yesterday. Saw the Havieron comparisons again (inevitable) and £100m market cap by Xmas posts.

It’s all about your own research mate which I know you do very well. It’s a pure speculation stock for me. Reason being, they’ve not even penetrated the Paterson ground with a drill bit yet. It’s going to come down to assays, and not just assays. How shallow the mineralisation is, the strength, is it commercially mineable in one big deposit. That’s when the stock takes shape

Plenty of volatility left in wishbone for now with a good chance of a continued rise, probably with another sell off whilst the assays are heavily anticipated in the new year. I’m familiar with 5/6 companies drilling in the Paterson and I’m well aware not every anomaly hits the jackpot so I continue to wait on this one.

Where as Cora, they’ve hit it, I know what’s coming and the exploration upside to me is just as significant as the Sanankoro mine. I fully agree with you, these quiet periods may see a drop in short term share price but il wait it out and hope that decision pays off for me

Always looking for new investments (strong, under explored investments), but not eager to just rush into another.

AZY CORA GCAT - my main focus
OMI GGP ORCP - long term holds and will add to any dips

I’m a shareholder and hope they drill 10m gold nuggets. But I logged in there yesterday and it was being pumped again. The inevitable Havieron comparison and £100m mcap by Xmas. Exited straight away

Companies have these rises but are ultimately defined by their results. Let’s hope it’s Oracles turn next

GGP the other day, allowed investors to take part in the placing at 14.5p. The next morning i mopped up a handsome amount at 14.65p. I see no reason, with further dilution at the term sheet, i cannot follow the price down to a similiar Top up, or participate myself

"Lionhead acknowledges that Cora intends to undertake private placements to enable existing shareholders to subscribe +US$3.75m in the Equity Financing and +US$3.75m in the Convertible Financing such that Lionhead's participation in the Project Financing may be reduced by such amounts."

https://www.lse.co.uk/rns/CORA/fundraising-excess-demand-from-subscribers-p72xupteo871xsk.html

3rd June fundraising. Our largest shareholders, who overall have to millions into this, happy to partake at 7.5p. If i can align my average as close to theirs, as best as i can, when they win, we win long term. I'm sure they'll be looking for a significant return to what they've put forward this far

Out of that list i mentioned, OMI is probably the best placed out of the others. But now its up to their JV partners to really progress Anza in 2022 and pull Orosur shareholders along for the ride. In terms of prospectively, Anza has the capability to be a multi Million ounce deposit but this is years in the making. Well worth a top up and a share I have in my SIPP and will continue to monitor

I've witnessed ECR drift from 4p to 1.5p, Oriole 1.9p to 0.45p and OMI 44p to 14p. I'm under no illusion at all that this wont drop, there is the possibility but I'm judging the Market Cap and not necessarily the price. But i don't think those other companies I'm invested in have the strength of what we have in Mali

I'l quite confidently say now, if this drifts back an April Market Cap of £15-£17m, I'd probably turn this into my largest holding ahead of AZY with a hold between 18months-30 months, potentially longer dependant on progress inbetween

RP, the one factor i understand is that Bert is fully aware of the positive price action a successful drilling campaign/RNS can have, and as CEO of this company, and a shareholder himself, he'll always be driven by what's best for the company, and not just the Term sheet and pleasing representatives of the said term sheet. I don't know for sure, but I am expecting further exploration in 2022. Whether this is before the completion of the DFS, or after, I'm not sure. The company are fully aware of the potential with Cora and Sanankoro and any further campaigns wont just be for the sake of it, they could really offer substance to the story in years to come. Any additional exploration wouldn't be included in the upcoming DFS, but can be considered later on in the future

How low could this go? Who knows? Could it go back down to 7-8p? Every possibility but where does it stop? It's in a different bracket to the likes of WSNM, ECR, ORR "All imo", in the terms of the substance delivered in 2021. An asset churninh out high grade results over and over. You cannot argue that Cora hasn't made significant progress this year, sat on an asset that's being fast tracked into production. Investors may interoperate the word fast track differently but with the pace the company have moved at, i believe its appropriate

I'm in a much calmer position. 6 months ago I'd find myself chasing 6-7 stocks around looking for the next big Catalyst jump but from a mental stability kind of point, it's extremely tiring. My average of 7-8p shot up drastically when i got carried away with results. More shares for me, and I have the funds to average back down, if the opportunity provides if further dilution with the term sheet comes at a much lower price. In time, i see this with multiples of the current Market Cap. Always enjoyed reading LW's posts and in these quiet periods and on low volume, there's every chance it will slide. But the hours i spent researching this company, I haven't got the heart or guts to pull out in fear of Cora going on a strong run, which i think it has the potential with. No risk of chasing drilling campaigns that wont deliver, just a Resource open in every direction going to production within 18 months

I think what Cora has done with Sanankoro in 3-4 years, a lot of these juniors would be lucky to find something similar in their entire existence. 800,000 oz is an astonishing amount for a company this size

Yeah I'm in WSBN but took a bit back yesterday after that rise. 40% without a drill in the ground, ive seen that far too many times now in the exploration space. Ultimately the company are set up well, its a Tier 1 jurisdiction and 30,000m is a monstrous campaign but the results will define WSBN in the long run

£8m MCAP here, for me is almost fully de -risked. The 2 Gold projects really interest me. Northern Zone results await with some positive historical hits. Jundee East, 4,500m drilling planned in the near future. 30% of my SIPP is allocated to clean/renewable energy/electric vehicles with a couple of hydrogen stocks already in there. Seeing this potential move with PowerChina is a game changer by itself.

The factors above were enough for me to get excited about. If they can utilise and execute a sale on THAR, it really is time to celebrate. A real opportunity

Amazing - Thanks everyone. I think i'l be adding to this at every opportunity and keeping hold for as long as possible. 0.0034 seems like a real blessing to be buying at

Loading up here big time. Big future (IMO) with the Gold projects and green hydrogen

Anybody better positioned to walk me through the importance of THAR coal to Oracle. It’s value, its status and scale. Would be much appreciated and if sold, what kind of valuation the company could be looking at. Would certainly set them up very nicely for the other 3 projects.

You can imagine the assays that will be generated.

Drill pads ready. Southern mineralised zone high grade trench sampling. A deposit that can throw together a 600,000 oz JORC resource will continue to deliver the goods and expand into new open zones.

Such an exciting time to be a shareholder here.

I think we’ll see ongoing exploration at Sanankoro throughout 2022, whilst the DFS is finalised and mine is commissioned. Plenty in the tank still to keep us interested.

Very interested to see what comes of Jason's trip to Tanzania, so soon after he's recently returned

If i thought that, like 100% knew for a fact it was going to drop below 10p I’d sell. But I don’t know that so if those are your thoughts your probably best offloading and moving on (if your invested)

GLA

Off tomorrow.

#GCAT #Tanzania

Now why would he back in Tanzania so soon…

It is mate yea. 31/12/2021 I believe.

Be very surprised if the company do not renew it or achieve the criteria to do so. I speculated, yes speculated, months back. They may possibly announce the renewal of this license and the granted status of the others at the same time. This meaning all 3 connecting licenses align with one another when the next renewal date is up (5/10 years time)

Clarification needed and hopefully shareholders recieve a substantial RNS detailing all things Creswick soon.

100%

A clear direction for the company now.

All money spent, will be utilised effectively. No drilling into virgin ground with the fear of drilling a duster. Time for the company to begin their growth

https://www.miningreview.com/gold/caracal-golds-kilimapesa-kenyas-new-kid-on-the-block/

Brilliant read up

I know in Australia, 60km isn't far to truck dirt, I'm not sure about the terrain surrounding Sanankoro. Maybe utilize Yanfolila, but then that instantly cuts into the margins, and with transport costs its not viable

According to the investor presentation the plan is to take advantage of the shallow, high grade zones to maximise revenue. But we'd still have to wait for the completion of the DFS, the term sheet being triggered, then the graft begins. Building a brand new Gold mine, looks like second half of 2023

Hopefully there may be $1-2m left in the bank for continued exploration in 2022. Every chance the company may increase the 800,000 oz before the first Gold pour. Or another placing, either way the company certainly use all resources available to them to create value, evident in 2021. Another 20m shares at 10p a share could give them £2m. There isn't a company right now I'm invested in that Utilise every penny better than Cora "imo". Time will tell

Haha yeah. I love the margins, and for those companies that get to Cora’s stage, it puts you on a very profitable path. The research is there, these boards, Twitter and the buzz of a high grade RNS. Always good to get a parabolic 200% rise but I’ve learnt patience wins the long race. Big gains to be had, but not overnight.

I’d also love the company to carry out an exploration campaign next year, either expanding the zones at Sanankoro, opening up new zones or regional exploration on one of its other permits.