The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Slides on website
https://cobraplc.com/wp-content/uploads/2022/05/May2022-Corporate-presentation-230522-FINAL-1.pdf
Great roundup, many thanks.
As you say the 100 baggers take years but so worth it and certainly not unheard of. I think the next couple of years will tell us if we have the stuff in our tenements to enable that occurrence. We're certainly on the right track.
Hello, nice to meet you too Barry.
I agree, it was a bit technical but it was very informative and Rupert was very assured. He said we are due an rns very soon regarding assays. Aircore drilling later this year including iocg targets, iocg 1 he seems pretty exited about. Ree extraction not as advanced in Australia as it is in China etc, but looking into various options including tolling with other local operators or some kind of liquid extraction, still plenty of opportunity of expanding ree footprint and a bit technical for me. Rupert seems to want to slowly build the company with steady growth of resources, no wild promises or typical aim sales pitches. The Andromeda relationship is very good, he's looking into several unique jv options but didn't expand on this. There were no sausage rolls but there was beer. Overall I'm happy to leave my money parked here, plenty of news flow this year and a good guy at the helm.
He also agrees with me that ggp is undervalued.
Great , thanks for the info .. always been long here 3 to 5 yrs
100 bagger .. yeah if the stars align .. but huge land area around mining giants and a great way forward .. compelling really ..
Soil samples to find the rare earth elements .. gold underneath … over what could be 3500 sq km if the latest tenement application is granted
I still stand by 20 p if we get an IOcG drill hit
Huge upside ground floor opportunity here
Atb
There was mention of all of these things but no specific date points. Regarding JVs he said they had to "be careful". I get the feeling they would like to do a lot themselves if values are proved up. I said I'd rather they were able to borrow against prove resources than have us diluted hugely. They have produced a new brochure which I believe is now online or will be soon. This was paid for by a grant from the South Australia government - they relocated and received PR grants which is good. That's all I can say for now but he is doing the rounds in the City making presentations which is good.
Thanks for update. Did anyone ask about relationship with Andromeda and his view on plans with JV?
5y plan is nice and all, but I don't think that'll be much of a value driver, whereas any news on getting closer to a formalized JV with our mid-cap partner would be a huge one.
Any mention of the next drilling round. Is the drill booked? Any mention of the Prince Alfred mine? I assume that he'll be doing interviews whilst here.
Not specifically. That's why a five year plan will be so helpful.
There are a lot of stages to go through first. Also there is a major problem in Australia regarding assaying - huge delays when tests that should come back after a few weeks are taking months, so lots of delays outside of their control.
HOWEVER, as long as each milestone reached is in the right direction that is all good. B
Any time frame mentioned to dig the stuff up
It was a very useful informative meeting yesterday. Firstly is was really good to meet Tom from here.
CEO Rupert Verco is very personable and clearly on top of his brief. I thought the presentation was exceptionally technical, perhaps too much so, but nothing wrong with that if it's to demonstrate how good our prospects are.
There was significant weight given to rare earths. I do feel that given time, we have the opportunity to turn this company into a much bigger beast. But as with all mining prospects this will take a lot of time. We need patience and in my view it's pointless trying to trade this share. If you believe in Cobra, as I do, then wait for the big pay day. Why not a 100 bagger? Really, this is possible if the stars are aligned and I think that having the rare earth alongside the gold increases that possibility.
I said it would help from an investors' point of view if there was a 5 year strategy plan in place and Rupert said they would do this.
In our world of short-term thinking, Cobra and others like it are always going to struggle to get traction until something comes out of the ground or at least until values are proven...but this will come.
The market cap is so low, and the acreage of the site is so large, and the shallow mining processes required are so relatively inexpensive, that if we wait...we will reap the benefits. What's the Latin proverb? He who endures with patience is a conqueror.
I'm happy to recommend this share but we should all know that it's a marathon not a sprint. Good luck all. Baz
(Barry Laden)
Did anyone manage to attend today? How did it go? Thanks
All who attending meeting ,hope you have good save day
And come out with smiles on your face ATB