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Nice bit of buying into the close, I suspect when buying resumes it will move quickly as it did before, not much stock around

The one analyst offering a 12 month price target expects Cora Gold Ltd share price to rise to 18.54 in the next year from the last price of 5.38.

Think that’s cavendish

That’s a great post Bard. It coincides with my earlier thoughts that somewhere between 20/30p would be the current fair value given what we have on the table thus far, start getting the gold out the ground and I see it doubling from there to 50/60p a good 12 to 18 month hold for value investors

There’s a few in here including me with a couple of million shares each, I didn’t even get a sniff, sweet FA, thanks Bert 😂

This for me is a positive, we now have funds to move along at pace and progress on many fronts, largely taken by sticky hands so don’t expect any overhang to be cleared, hence the moving up of share price above the placing, we have a term sheet with Atlantic that will be signed once permits agreed which will take us through to production, we’ve raised and nearly 3 times the price we were at only recently, there is literally nothing stopping us now once we have the relevant permits in place

😝 yep, MM tricks, trying to gain stock for the incoming rises

Stocktow, this isn’t a loss of 15% it’s just a change on the closing price of yesterday, the level 2 is exactly the same

Still a long way up for this one to go, we’re going to get profit takers and chartists trading the technicals, just gives us more opportunity at these lowly levels, when permit signed sit back and watch the bungight for shares, Cora are ready to start with building the plant, they have the term sheet signed, employees ready, and a Malian government keen to progress mining permits and add seriously to the country’s coffers.

Read somewhere Mali was the 3rd largest African producer of gold and the worlds 14th largest

Nice one AG,

Ultimately bound to get a bit of churn as people take some profits, however I expect this to travel to between 12 to 15p and then on to 20p plus when permit arrives

Take a seat and watch it happen

From a conversation I had this week, we have 5 permits, permits so i believe are given for a period of 3 years, most permits for mali in all companies have lapsed due to covid and the moratorium, the mali government want cora to reshape 1 permit to encompass 100 sq km, (as per announcement) this has all but been agreed and an application for eploitation is underway, i know that cora and the powers that be are in constant contact, with the ever increasing POG its in everyones interest to get operating asap. DYOR bla bla

Jamesthebard

Not Stratford upon Avon based by any chance?

Totally agree, regarding timing, holding a similar position, something tells me to keep some skin in the game after I’m happy with my targets being breached

Well, we have a $3billion asset, and a £20 million valuation, this has lots of legs yet…

Personally I think we will see 20p plus, first year Production target 80000ozs surface gold, high grades from other drills, so much to add plus a funding partner for build cost

What’s not to like

1 left on the offer, then 5p to buy

Just for clarity, Cora has an exploration permit that is on hold, permits are being allowed from Saturday to apply for a change from exploration, to exploitation, so this is big news for Cora,

From what I believe Cora has to apply after it has remapped its area, this is with the Mali government to approve, once approved Cora will then convert to exploitation of permit and start construction

Not really expecting any rns on this as it will come when it comes, but I believe this will be soon

Yep….

Hope so, topped up more this am, not showing so far…..

Nice read!

https://mining.com.au/mali-mining-normalising-as-part-of-global-trend/

Ag

Obvs not good on X

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