Member Info for bsg4

Normal share price action resumed. Lets hope not too many were suckered in. Next placing under 1p is my bet.

More drilling means more money. More money means more placings ...

More drilling, great!!

May be after all this exploration has been a flop they could rename themselves THR travel. She can then continue to jet around the world without having to do any drilling.

That's all well and good. It may of course mean that the board have a cushy number for the next six years without any appreciable rise in SP. It could see them through to retirement.

It's the typical 'lifestyle' exploration company. Just enough reason to drill (and raise funds) on old claims that were not successful in their day. THR are really good at this. They milk each one for all it's worth and then move onto the next one. There's always the finite chance that there is something there and they'll strike it big. It's akin to winning the lottery. So incredibly unlikely. IMO.

In uranium ore deposits, 20 000 ppm (2.0%) U is considered to be high grade while 1000 ppm (0.1%) U and 100 ppm (0.01%) U are considered low and very low grades, respectively. hundred thousand years making it the more intensely radioactive isotope.

Make your own conclusion.

0.4p is the lowest that can be paid by II taking up the slack shares @ 20% below VWAP. So the bottom could be 0.4p.

We've been shafted!

You mean after the next consolidation happens?

They can't place under nominal value (0.1p) they would have to have a capital re-organisation. Or make the SP go up! LOL!

I don't see this ever turning into a mine, not in Germany. They'll be able to buy plenty from over the boarder later on. I think pure EV's are a fad. At best they'll be a niche product in the future. IMO.

I think they may drop their AIM listing. They've milked the market dry.

$2,000,000Aus @ 1p is my guess. They don't care anymore.

RP has also stopped taking shares as part of his remuneration, it's all cold hard cash now.

No Director buying for a while now (~5 years) probably realise there's nothing there. Spin it out as long as possible. Just a lifestyle company now. Unless of course they're lucky.

Cora Gold Limited, the West African focused gold company, is pleased to announce that, further to the announcement of 06 February 2023, it has conditionally raised US$19.843 million, comprising both equity (the 'Equity Financing') and convertible loan notes (the 'Convertible Financing') (together the 'Fundraising'), subject only to the passing of the resolutions to be proposed at a General Meeting of the shareholders of the Company on 28 February 2023.

The funds raised will be primarily used to commence development of the Company's flagship Sanankoro Gold Project (the 'Project') in southern Mali following the reported Optimised Project Economics (announcement dated 21 November 2022), which highlighted strong economic fundamentals.

Binding commitments have been received for aggregate investments of US$19,843,169.26 pursuant to the Fundraising comprising commitments to subscribe for:

-- 80,660,559 ordinary shares of no par value in the Company ('Ordinary Shares') at a price of US$0.0487 per share for total gross proceeds of US$3,928,169.26 in respect of the Equity Financing; and

-- convertible loan notes ('CLN') convertible into Ordinary Shares for a total of US$15,915,000 in respect of the Convertible Financing,

There's going to be rather a lot of dilution. Hence nobody buying. IMO.

Trade definitions are based on the mid-price and are indicative only

Over the past few years, the concrete and construction industry has seen a significant shortage of materials, not the least of which is fly ash .10 Jan 2022

I'm sure when it's official it will be RNS'd.