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The market is currently missing this little beauty of an explorer at £5m market cap it’s only going one way in my opinion with cheap exploration on all of these targets…. Wudinna is going to have that many holes drilled and multiple open pits it’s going to resemble a block of cheese
A very rewarding rich block of cheese…. Take your slice now and watch it mature!!
Good workout at the gym then BCB!!
This IS one of those RARE shares that could 20-30-40 bag
Hard not to get excited. Everyone should snag a few at the comedy SP low available now.
NOT a hard ask…lol
Sorry for the fat fingered I phone post earlier.... RNS popped on while at the Gym...... had to share the excitement immediately...
My thoughts... Incredible news... Cobra pre feasibility to drill is second to none...
first a mag survey over the hole 2000 sq km Wudinna Tenement.
Identified 22 now 24 priority targets , 6IOCG and one copper....
Started by working to increase the current .. Soil samples path finder..desk top....Saving money...creating value...
Goods assays from the 2020 exploration 3.06 G AU.. potential 1km extension to this that has had 14 RCS drills a month ago
Assays awaited tio increase the existing Jorc...
Now a confirmed 65% share of the tenement and working towards 75% by putting money into the ground ...exploration..
Our site partner is Andromeda... Big time miners..... A JV is written into the agreement...@ 75% they contribute pro rata as
a minimum....
Looking for an economical open pit with a 1m oz au ...all being well getting close to that....
My opinion 1m oz au ...£50m market cap...we are @ £5m currently.... .. 500k oz au...£25 m market cap... 5 bags...
We also have satellite areas to feed a process plant....
Not mentioning our other 100% owned 500 SQ KM BOLT ON licence...
Back to the IOCG... just 40km as the crow flies from Olympic Dam mine... Google ... the 4th largest copper deposit and the largest known single deposit of uranium in the world... BHP operated since 2005...70% revenue from Copper the 5% silver and gold 25% uranium...
All those metals ...sky rocketing .....
Where do you look for tier 1 IOCG... duuurrrgh... next door to the biggest in the world...
Having the Gravity confirmation over the first 3 of 6 targets is incredible news...incredible....knowing only 80m to 120m depth targets is even better....cheaper to confirm via drilling and cheaper to mine open pit...
Its a well known fact they come in clusters...we have 3 more priority targets to start with ...for IOCG... plus a further target for Copper...without considering our new licence area...
We have Lady Alice mines...copper historical mine tenement yet to drill... in addition...
We have A major that knows how to mine and make big money....
We have circa £5m market cap...added so much value already.... such potential....
This is why its one of my largest holdings....
Joining the party and filling your boots at this price will be a life changing moment.....
2022...2023...2024...2025.... Got £1 a share plus written all over it.... long and strong...
ATB and Happy XMAS..... Will certainly be if we get good assays before....
‘Tier 1’ IOCG potentially from these surveys as stated in the RNS. While they are also drilling other areas currently.
Today’s news is potentially the best news all year. I feel confident with My investment. We know the SP is going on an upward trajectory from these levels….more drill results to come!
Really excited... if that does not get you going.... you need more than coffee!!
The team at Cobra, as anticipated , delivering another great progress report. The snake is growing…holding as ever.
GLA
Excellent news, great to see the gravity survey come back and confirmed gravity anomalies that support IOCG with the huge bonus of these only being at a potential 80-100m deep.
Look forward to the team putting together their drilling program and like you said Bitcoinbuyer the market cap v potential opportunities that Cobra have offers incredible, value in my opinion.
Look forward to the first drill cores coming back, I suspect we will get these before xmas and updates on the JV.
So far so good! Not sure if it will shift the SP much but certainly positive news. What we need to know now is when do they plan to drill!?
Sorry. Cracked I phone screen , will correct when back from the gym
They come to n clusters , 3 of 6 with great potential .
Can you imagine , tier 1 prospects with a £5 m market cap
shallow. Economical to drill and extract
Is Wudinna Olympic Damms big sister or little sister
Exactly why I am here not to mention the 1 km 3 g au jorc and extension
If. Carlsberg sold potential tier one
Bet Andromeda are rubbing their hands together
Dream JV
Not yet touched the surface of our 2500 sq km tenements
Love it