Member Info for smudge104

Another very promising note out, although I don’t agree on the timings 😂

https://joshthompson.co.uk/investing/cora-gold-sanankoro-resource-growth-feasibility-update/

Gearing up for news, lots of talk about updated DFS and mining permits

https://www.miningreview.com/gold/cora-appoints-senet-to-oversee-updated-dfs-at-sanankoro/#:~:text=Bert%20Monro%2C%20chief%20executive%20officer,updated%20reserves%20and%20DFS%20will

i don’t think we’re going to be waiting too long for the updated dfs…….

https://www.**********.co.uk/articles/cashed-up-cora-posts-results-for-2024-closes-in-on-dfs-for-sanankoro-0c66974/

our key objectives now are to complete the updated dfs and concurrently complete the mine permitting process, so that mine finance can be concluded, and construction can commence.”

view from vox

good progress being made here against the backdrop of a strong gold price and a slowly stabilising situation in mali. the next steps will be crucial. no doubt the dfs will show sobust economics, but can bert monro get the project financed? it’s a big test.

With all this tarrif of 50% for Europe, we could see gold break $3500 early next week, was up about 1.8% as news broke on Friday, gonna be like this for a while I think….

Another near 300k bought today, not by me but someone’s still accumulating

So prediction end may 10p

End June 22p

End July 28p

Mining approval, early June

Dfs mid June

Funding mid June

Construction October (after oct needs new (esg)

Gold price $2800

Aisc $1000

First year production 80000ozs

Foulbe 700000

Gold soaring again….theres a 50k buy reported at 12.00 on ADVFN, does lse not pick up all trades?

Very quiet here, I note Toubani are up 15% overnight, maybe news coming from Mali in the short term, let’s hope so, holding well here ready for the next move up.

Anyone else going to the AGM? I’ll be going……hope we have a lot to talk about there

This is incredibly good news!

The Exploration Target, which is in addition to the 2022 MRE, is estimated to contain between 26.0 Mt and 35.2 Mt with a grade range of 0.58 g/t Au - 1.21 g/t Au for a potential gold content of 490 koz - 1,370 koz. Proving up this Exploration Target has the potential to add significantly to the resource and possible mining inventory.

So in addition up to 1.370 million ozs could be added taking sanankoro to 2.5 million ozs, and then there’s Senegal

Another 155000 bought and reported well after market close, deffo accumulating going on, we just need some continued buying and this will explode….

Mali suspends court case as they try to agree a memorandum of understanding till 22nd may.

Seems like Barrick and Mali will resolve the issue , I

https://www.reuters.com/world/africa/mali-hearing-barricks-loulo-gounkoto-mines-postponed-may-22-2025-05-15/

Another 115000 bought by someone and reported after market close, I’m certain we have a buyer happy to mop up any stock

All a bit quiet on this BB

Must be an order being worked, paying 8.33 for qty

Had a good chat with Bert today, all remains very positive, met with atlantique, didn’t push on the details as easy to speculate, currently with Mali country manager in Côte d’Ivoire doing all they can to bring home the bacon so to speak.

Brown, regarding the announcement by Toubani, yet nothing official from Mali on that.

The Mali government will no doubt be aware that all eyes are on them, regarding timelines for permits and % of free and paid carries. I am almost certain as I can be that we will be the first officially announced permit, BUT, being the first they need to get it right for both sides and will take the necessary time required to dot all its I and cross the Ts, it’s coming and when it does I will sit and watch the melee for shares

AG 100% agree, having spoken with the company and also from some of the wording in the rns, it’s clear are 3 are inextricably linked, but key and foremost is the permit approval, which is pretty close now imho