Member Info for zapsnap

Was in here a year ago and then sold out. Still think there is something big here and want to re-enter. sl concerned with the IPO: They have given 2/3 away for approx £2.5 million. So valued Austrailan project at £3.75 million. have they given away too much for too little?

I was reading through the same RNS again yesterday. Later on in the RNS, it does say that PI will also be able to invest on the same terms. in my head i was trying to work out what cash i need in reserve in order to participate?

Unlike many other AIM shares which i invest in, I am not really worried about the short term SP changes. why?

1. CORA have always been transparent and clear with next steps + have always delivered on them within stipulated time frames.
2. No rampy RNSs
3. Funded for normal ops. Mine will require funding but they have some arranged.
4. The size of the project will only grow, this is just the start. This will be a multi million gold oz project but it will be developed over years. Dont forget even if you have several million Oz of gold, you cant mine the lot in one year!

GLA.
I am staying long.

These types of drops are painful and the market does not always make sense. I still really like what i see in terms of investment so will hold. Not so easy adding when you are already heavily invested. But it is the brave who make the most money. GLA.
hopefully news soon

vivdal - in complete agreement with your thoughts
I put <1 million (as in less than) but if i had to hazard a guess (because no one knows what the market thinks) then i would say closer to 500,000.
the post was trying to express my thoughts that my hope is that we will be closer to 1.5 million based on grades etc. but i am not a geologist and this is based on looking at grades, widths etc in gold miners for around 10 years. i could be wrong

Outstanding results!
MRE weeks away. not long to go.
the market have priced in <1 million oz gold. I think there will be around 1.5million oz
GLA

i have no doubt we will be seeing close to 20p in the near future. The board has never let us down.

Hoping to get results soon.
The company have always delivered on their promises. They have been clear about timelines. Anyone coming here for a quick buck or to trade will not make any money. They will be left frustrated and will leave angry posts.

Bhargav. Investment aside, its good to hear that you are well.

I have bought another 100,000 today in 2 tranches

Bhargav - great to have you back!!
I stopped reading this board after your absence but thought i would just have a look to see what peeps were saying. then i noticed your posts.

still in but i did reduce my holding slightly a few months ago. got nervous! but this is only going to go up from here.

thanks AG for sharing. a v good read even though a month old. It is suggesting a valuation of 30p.

Like many of you, i am fully expecting atleast 1-2 million oz of gold. I am secretly hoping that we could see close to 3 million based on similar results from a company called MARL several years ago. However i am not a geologist or expert so i dont know.

Based on the results to date, does anyone here have knowledge of how to interpret the results to date in terms of approx gold oz?

Absolutely superb.
Well done all holders. Cora has demonstrated time again that they mean business. 40000 drilling. No nonsense approach. This is how an aim company should be run

Not long to go before we get results. Cora are amazing at keeping shareholders updated.

I bought lots of OMI at 3-4p and Cora at 7.5p when no one wanted it. I had a large holding and could not sell a bean. I could have emptied my bank account and still would not have been able to mop up all the shares.
We all knew they were going to start drilling but no one wanted it. suddenly overnight everyone wanted them. In reality not much changed and nothing that new we could not have predicted.

Long story short. Mcap £8million. half the shares outside public hands. great potential. Team looks good and they have skin in the game.

will history repeat? no idea but the investment makes sense. GLA

v happy with that RNS

"Preliminary Economic Assessment ("PEA") for the initial proposed mining operation at Orom-Cross is considerably advanced and should be completed before 30 September 2021 with public release shortly thereafter."

we should hear more news in the coming weeks

Money raised at equivalent of 13.3p.
Share price is currently 6.5p

this will have to re-rate. the question is when?

legal - correct me if I am wrong, i dont think the RNS on the 16th August said that they had been sent to Canada. It just said that they will be sent to Tanzania to be prepped and then to Canada.
Today RNS: the assays have now been prepped and are now on their way to AUS.