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Hum were tweeting about cora a few weeks ago.
https://twitter.com/HUM_gold/status/1262352840850366466?s=19

And with red kite being a mine financing company cora may go down that route with such a low capex. They are increasing the resource now with extensive drilling.

Cora has had sustained buying for a couple of weeks now. Been some huge buying of 200-400k trades at over 7.5p last few days. And that was before it was tipped off

Got a link?

Loads of buys coming through. Something going on?

Good buying over at cora. Lots going on and big holders with over 60% of the shares.

“We are being shown a lot more deals but with coronavirus, due diligence is tricky if you are not based on the ground and near the site,” said Bert Monro, chief executive of West Africa-focused Cora Gold.

“We are being shown a lot more deals but with coronavirus, due diligence is tricky if you are not based on the ground and near the site,” said Bert Monro, chief executive of West Africa-focused Cora Gold.

Good to see drilling at Sanankoro is still active.

https://mobile.twitter.com/cora_gold/status/1265284155040059397

Hum tweeted about it's current holdings in cora the other day. It would make them a fair bit of extra profit every year if the take it over:

https://mobile.twitter.com/HUM_gold/status/1262352840850366466

What trade was that?

Good buying over at cora the last few weeks. Also about to break out. Hum tweeted about the relationship with cora yesterday with lab works on going for possible future joint production

I think hum will take out cora at some stage. The numbers are too good to ignore, low capex and fast payback. Over 100% IRR with current gold price. And Sanankora resource will increase over next year or so.

Moving forward with ESIA

https://www.lse.co.uk/rns/CORA/digby-wells-to-conduct-esia-for-sanankoro-6q8te97hwb9cbbr.html

Moving forward with the project. Good to see. Large delayed buy from Friday morning too which pushed it up.

As well as the current test programme:

"The recently completed Scoping Study at Sanankoro showed the potential for a standalone mine with an 84% IRR and less than 18 month payback period at a US$1,400 gold price.  Whilst this is clearly a highly compelling standalone project, Cora's board is simultaneously assessing additional opportunities through which to potentially fast track development, including identifying synergies with operating mines in the vicinity.  We are pleased to be working with our largest shareholder, Hummingbird, to investigate the opportunity to potentially deliver a high-grade concentrate which could, in principle, create a fast track route to low capex and positive cash flow for the Company.

It's higher than B2golds Fekola mine and that makes plenty of money. Grades don't tell the whole story, cash costs do. Look at the returns on the scoping study. 84% IRR at $1500. We are at over $1700 now. And cora are discovering higher grades deeper which only adds to the upside.

https://mobile.twitter.com/cora_gold/status/1255439998377242624

https://mobile.twitter.com/cora_gold/status/1255439998377242624

Well done