Member Info for AG1989

Looking forward to another action packed week at Cora.

Last weeks news for whatever reason never sat well with the market but moving forward sets the company up brilliantly.

Sentiment should be booming here. I’m not surprised at all the company haven’t released any assays. In terms of corporate work they’ve certainly had their hands full

16,000-20,000m of assays to report with follow up work complete targeting the high grade zones.

Not getting tetchy, and not everybody has to agree with me, I’m fully aware.

Somebody quoted me and thought differently so I replied

And whether you care what the share price is short term or not, I don’t care. Read the thread title and what’s being discussed.

If we get the JV signed you think we’ll see £100m MCAP by the year end ?

Very doubtful. And if you want to shoot me down for being a de ramper or anything else, I couldn’t care less. I’m wel researched in this sector and nothing comes for free.

There’ll be a huge sentiment increase, and a resulting share price increase, im in no way doubting or debating that fact. But the whole point of the JV company coming in, is to PROVE up Creswick and spend X millions which will be a lengthy process. I can’t see this jumping 400% just by signing the JV.
If we signed the JV and released numerous 80g/t intercepts as well as additional licenses then maybe, but don’t get carried away.

It’s largely news dependent so a lot of ifs

If the results continue as they’ve been delivered in 2021, I see a range between 1.5p and where we are now.

If we improve on then, or at Creswick and get a JV signed before years end, 4p could be attacked again and a market cap of between £40-£50m

The amount of assays needing to be released hasn't changed. The longer we have to wait, the likelihood is we'll recieve multiple assay RNS reports in a short space of time

Even on low volume, 15-16p isn't catastrophic when you consider it's still up 100% in a couple of months.

Feasibility contractors appointed and $25m term sheet for production, big big week in the grand scheme of moving forward here

Yeah the story is brilliant. All some want are assays but there are fundamentals, corporate issues and staffing appointments needed to be made in order to advance this project to the next level.

Company have been running at a tremendous pace. Opened google this morning to a 9% drop this morning. Could create a significant opportunity for a few to make a top up.

PATIENCE!! :)

I was asked on Twitter, or a statement was made just about it being the best hit they’ve ever seen

And it truly is

E79 resources this year near Fosterville hit 11m@160g/t including a 0.6m@2,430m. But this was the second ever hole. Currently no resource

But with this. When your already sat on a multi million Oz deposit, a Tier 1 deposit, and your deepest ever Hole, not only returns the best intersection of the project, but in the exploration space for years, you really are lost for words

Potential even the brightest mind couldn’t get to grips with. Outstanding work

That South East Crescent zone “growth” is out of this world

85m@11g/t
133m@7g/t

Hole pending.

I never thought Havieron could reach “new levels” of surprise and amazement, how wrong I was. Only just beginning.

Close to 1,600m

It’s an endless pit of Gold

1,400m***

Huuuge

Wow wow wow wow wow

Not found.

Correct paddy, no luck needed here.

Checking their hot copper site. I’ve found with AZY, the announcements can appear here first before showing on the ASX page. Could be the same with Newcrest.

Bamps - The other 2 JV Antipa have, are vastly unexplored, with the Newcrest Wilki JV being our largest. 5,000M RC drilling carried out with results pending. It will be interesting to see whether they’ve focused on the existing deposits of Chicken Ranch & Tim’s Dome (shallow deposits within 15km of a telfer, 100koz resource). Very early stages of the JV but il be keeping a close eye on this particular JV and any sign that Newcrest want to UP their 2022 Wilki expenditure, then things really start heating up($A60m JV). At the end of the day, Newcrest and AZY could stick 1,000 holes into Wilki, it all comes down to Geology and that’s one aspect nobody can change. These juniors comparing themselves with Havieron and GGP without even sticking a drill in the ground, and I’m not just talking about Paterson explorers. I just switch off. Results do the talking and always will. You may be able to run a company so we’ll, for a certain amount of time, but there needs to be a product.

Stephen Power at least seems to think there’s an open pit at Minyari. And although we may not be talking multi millions, (if that’s the case), it’s 100% owned and can continue to add value, if the company cam show intent on production.
AZY recently reported that a number of holes ended in mineralisation, and were to be extended with a DD tail. The only hole reported to date with such extension returned 362m@1.4g/t the other day. The remaining holes have all been extended 200-300m so it’ll be interesting to see what these return, on top of the hole pending with a “hole depth” of 1027m.
Calibre is relatively low grade but seems stronger than Winu which could go in Antipas favour, let’s see what the 23,000m drilling brings up and what they can add to the 2.1moz resource.

Extremely encouraging signs coming out of AZY with 4 reputable projects on the go. Nothing on Havieron. The results have been exceptional time & time again, it really is a generational find and I have no doubt in my mind the results will continue to turn heads. In a class of its own and good luck to all holders tonight , Im extremely excited.

Brilliant work BB2 and much appreciated.

"Sanankoro’s US$172m NPV might seem bullish given our modest 1.4g/t grade assumption. However, these economics reflect the project’s Soft Rock Oxide Gold characteristics, which is a new project type for the small cap London market."

Potential to be much higher

Current MCAP: £43m

So much growth coming here

700,000 oz

30p

***

Apologies

https://www.finncap.com/research-portal?#/portal/finncap/research/8_30099

"1Moz+ Project: We now believe the Sanankoro project will be a 1Moz project"

"Resource statement October - we expect 7Koz"

"When resources more than double in size (either through drilling or re-modelling, a reduction in grade is common. At Sanankoro, we expect grade and strip to stay broadly the same"

"The cornerstone funding news, combined with a new large resource, translates to excellent upside potential despite strong recent performance. The gold price is also showing resilience as more investors buy into the inflation theme. We now have a 3p TP"

Extremely encouraging

Very good to debate. I’m just happy to get in sub 20p, 8p in fact, and even with a discounted term sheet, they won’t have the privilege of buying in the same price.

For me, without their support, we’re just sticking holes in the ground without any story behind it. As an investor, there isn’t a company I’ve invested in that PI’s haven’t been and felt “shafted”

The amount of placings and fundraising’s Institutional Investments get the upper hand on and discounted to your average investor, it happens all over. I’ve never had the opportunity, but then again, I haven’t got the £2/£3/£4m of spare fundings that the II have.

There isn’t a spin I could put on this, that the Consortium don’t come out on top with favourable terms. Difference of opinion but $4m more, to expand operations to a CIL processing facility with an upwards recovery projected north of 70%.

The sheer pace the company have moved at has been breathtaking and Today is another piece of the puzzle to a long and successful journey. Even if dilution was at today’s 17p share price and it takes us to 350 m shares, I still see huge value for your average shareholder. And There’s every chance the SP could be 25-30p, even higher by then

For a Consortium to give Cora a life changing opportunity is all is takes for me StarBright. I’m already more than 100% up and those gains looks set to continue.

Look around the junior exploration space. What other companies have the backing for $25m to begin mine construction as soon as next year. The market clearly likes it and it’s one RNS I’m not going to second guess, and I’m thankful for how much faith they have in the company and project.

There’s tremendous growth all over to be had for shareholders here. I appreciate your in-depth responses as always but personally, I’ve taken a different spin on matters than yourself.

Brilliant day for the company and shareholders and shows the path Cora Gold clearly want to take.

3-4 years from your first drill campaign to submitting a DFS is an unbelievable achievement.