Member Info for SDM1965

What did the Cavendish Flash Note say please I can't access on my mobile?

Likewise filtered.

Perhaps he's trying to pull it down to get back in at a cheaper price. Doubtful that is going to happen. Maybe he shouldn't have sold up.

Absolutely agree James. I have been monitoring events daily through reliable sources. The propaganda push by those countries trying to destabilise Mali is very evident, particularly the French and their cohorts. Please take the time to do more research, the evidence is out there. Times are uncertain for sure but Mali is not about to be taken over by anyone.

Just watching TRE (Toubani) on ASX and its only down 9%. Pretty sure the majority of long term investors here will sit tight. We saw what happened a few months ago after the last attacks and the share price rebounded pretty quickly. Can see an opportunity to buy some more today if the price drops, something I wasnt anticipating but will gratefully take. GLA especially LTH's

Lot of scaremongering and propaganda going around regarding the attacks but Government has regained control and dealt with the situation very quickly. Nothing to worry about to be honest.

Mr 50k is back it seems. Been a great week for price rebound. Long may it continue. Have a good weekend folks.

Cora finishes 3rd on the share risers board. Haven't seen that for awhile. All very positive and soon be heading for the 20's

GLA.

Cavendish has published an updated flash note on Cora Gold following its successful Subscription and Retail Offering, which together will raise approximately £15.7m gross (subject to the EGM on 24 March). The Retail Offering, which closed yesterday, was significantly oversubscribed, raising £2.0m gross through the issue of 33.3m shares at 6p per share.

The strength of demand enabled Singapore-based single-family office Eagle Eye Asset Holdings to complete its strategic investment at the top end of its previously indicated £12.9m–13.7m range. Eagle Eye subscribed for 228.5m shares at 6p per share, while remaining below 29.9% of Cora’s enlarged issued share capital.

Eagle Eye is also a major strategic shareholder and funding partner of ASX-listed gold developer Toubani Resources, which is advancing the Kobada project in Mali, and has investments across other African infrastructure and mining projects. In October, as part of an approximately A$395m funding package, Eagle Eye agreed to invest US$160m in Toubani via an 11.1% gold stream, alongside A$45m of equity and A$26m through the accelerated exercise of options.

Cavendish has updated its model to reflect the completed fundraise, and latest gold price forecasts and the roll-forward of its projections by one year. As a result, its revised short-term target price increases to 22.3p per share on a fully diluted basis (previously 18.2p).

22.3p will take that for starters!!!!

Yes, that was my worry hence sticking with what I have.

I've been thinking about selling maybe 50k shares and buying back in to the retail offer but there are no guarantees how many I will get back. Im down 30% since buying back in last week but dont think that will matter once permit arrives, at which point I can see the larger investors coming on board. Happy to sit it out for news. GLA.

Go to Directors Talk, its on there, about 1/3rd way down the page on left.

Tinyurl(dot)com/299umo8t

***********/299umo8t

https://www.***************************/cora-gold-eagle-eye-backs-sanankoro-with-30-stake-extensive-mali-expertise-and-pathway-to-full-project-funding-video/4121239023

Not waiting around to get this done and dusted. Still we will have to wait till April to get them. Who else is toying with the idea of getting some more, 6p is very tempting?

Hannam & Partners

£15.7m conditional raise to advance Sanankoro towards development, cornerstoned by Eagle Eye

Cora Gold has announced an equity raise of up to £15.7m at an issue price of GBp6/sh, a 44% discount to the closing mid-market price on 6th February. These funds will primarily be used to advance Cora’s principal asset Sanankoro towards development as well as exploration and working capital. Eagle Eye Asset Holdings is supporting £13.7m of the financing through a strategic investment and will hold a maximum of 29.9% of Cora, with the remaining £2m component a retail offering. Eagle Eye is a Singapore-based single-family office that provided an A$242m gold stream agreement for Toubani Resources for the Kobada project, adjacent to Sanankoro.

Reflecting the slightly dilutive impact of the fundraising, we update our target valuation to GBp16/sh (prev. GBp17/sh), still 78% above the current share price.

Get them while they're cheap. Should have waited a week longer to re-enter but not to worry. People selling... how bizzare!!! Permit news must be very near and todays drop will soon be forgotten. GLA.

My buys from yesterday late on are showing as sells. Seems like quite a few being posted as sells when buys. Some nice buys again coming through today and price holding up well. Lets hope it doesnt drift and news arrives soon. GLA

Good to know. Thank You.