Member Info for Carribean2029

Hi island girl
Well I’ve had to contain and temper my excitement for months, putting faith in the meticulous methodology of the pathfinder approach. I’m a scientist by degree, so the chemistry made perfect sense to me. I’m a bit poor on the Geo-phys side, but I’m learning.
Enjoy the ride. It’ll be a bit bumpy at times, but I’ve held and built a big position (for me) over the last eight months. My portfolio is de-risked and I’m just going to sit it out till 2029.
Good luck
Which island by the way?

Hi Dan,
Yeah well, we saw how Andromeda ended up $20m up just after Clarke. This is gonna either cheer them up no end - 25% of a bigger pot better than 100% of Sandy farmland, or they’re gonna find themselves wishing they had stuck it out years ago.
Truth is, they weren’t in a position to do it, and it’s only because of Craig and the team that this is getting this far. I think I said the other week - where better to invest than a gold operation in the waiting with a nerdy (but lovely) geo as MD who’s got 22 targets and 4 IOCGs to play with until retirement. And one who has skin in the game.
On reflection, andromeda are going to be dragged into this kicking and screaming, but will be very very happy about it.

So a brief introduction to Cobr, if this is your first visit, or a reminder for those committed snake junkies. The primary target for the board is to prove up the first million ozs.Cobr listed onto the Main Market in a RTO and took on the Wudinna project from the Lady Alice Trust.There is an earn in opportunity with a JV partner, andromeda metals to earn up to 75% of the project. We have completed stage 1 and are now 50% of the project owners AND the operators.There is already a JORC compliant resource of 211,000 ozs, and we are on the hunt for the next 800,000 ozs. There was a cracking set of results from Clarke where the grades were high grade, and continuous at depth. More drilling to followThere was a series of what one might call dud holes which results were delivered on Christmas Eve. But actually in hindsight, these helped incredibly to prove up the PATHFINDER approach. This is cutting edge soil chemistry and geo-physics designed to de-risk the scatter gun approach of punching holes in the ground. The pathfinder approach is new and is a bit of clever modelling, but this carries perceived risks as it’s so cutting edge. Nevertheless, this has been shown to have helped de-risk this project and help identify exactly where the gold is in the basement.We now have not just got the gold , but silver and copper are showing too. This has significantly de-risked the pathfinder model and the whole Wudinna project and consequently Cobr. This is because we still have cash in the bank, drill metres in credit and a heap of targets to aim at.Anyone already invested now can relax. Anyone not invested, can now consider Cobr as a business that quietly gets on and delivers what it set out to do. It’s bottom drawer for me now. I hold 2.5 million shares and declare my interest. I had to trim 100k last week to pay a lawyer.So, in summary, it’s funded, has 22 targets across an area 33% larger than the Greater London area, and a further 4 IOCG targets.Also, this is the nicest board on LSE. Full of helpful, friendly and enthusiastic long term holders who all get on nicely and always welcome opinions and newbie questionsGood luck all holdersCaribs

Still got all my beans too.
Great results.
Hold until relieved

Hi BC
Quite right. I doubt it’s a full 55m as I’m describing both buys and sells, so really it’s only 10% that has changed hands. And yes, it could only be 5% traded four times. I think I made my point though. It’s never seen more than 350 trades per day here.
It’s on the radar and likely here to stay.
Good luck all

Crikey! 55million traded today so far; just short of 20% shares in issue. That’s a record I think; someone correct me if I’m mistaken.
Well I wasn’t a seller, that’s for sure. That’s a clearout of weaker holders and so we may have a day or two of consolidation before this rips off into the sunset.

Agree ST,
Just watched the pro-active interview. He’s excited about Clarke. 2km from BG and I know he thinks, from his comments some time ago, that there is a contiguous basement of gold in them there Sandy hills.
My guess is that he may see how SP performs over next week or so, then drop in the new programme with a hint at IOCG determination. Once warrants drop at vwap 4.5p, if that comes sooner, he’ll then have the confidence and the cash to push the IOCG funding from ADI to match fund.
Outstanding, sorry, Thrilling!

@DV
Yep, impressive, relaxed, a little bit reserved - holding back his excitement, but couldn’t quite manage it. You could hear the smile across his face.
Bullish indeed. And rightly so; he’s only gone and nailed it....when he spoke about Clarke, you can tell he’s got an idea of how the model is forming and he’s like a kid in a sweet shop.
Great interview. Good work Craig

Hi ACMcc
I can’t remember what I did say, exactly, but I’m delighted to hear that you have made over 60% on your investment thus far. Cracking results in anyone’s book for a months nail-biting!
My opinions are unchanged, as ever. I’m here for 8 years (hopefully, health willing) and I’m glad I’ve got such a nice bunch of folks sharing the journey.
I’ve just heard Zak Mir thinks it going to keep on moving- now I rarely pay any attention to captain pump, but he is in alignment with my thinking. It’s a tough entry point for anyone after today, as it’ll blipped on the radars now and the rest they say is.....to come.
Good luck with your stake. Really pleased to hear I was able to make a contribution to your growing wealth.

Well DV I had you down for the mill, so know you’ve fessed up to the 3, I’ll have to push that to 10%! ;-))
Good work

Yeah, next hurdle 4.5p, but and this is no die in the dirt prediction, but given the results we’ve just had, the Clarke results and the momentum this will develop all on its own, I believe that it’ll just leap over the vwap 4.5p hurdle and will allow new entrants in as a final liquidity event of the year. That’s the point here. The small number of shares in issue, the tiny free float, the fact that between 15 of us Long term holders (just on this bulletin board) we have 9% between us (Bitcoin certainly came in late but boy did he load up), it’s just not going to be that easy for people to load up given the sticky hands. Very few bailed on Christmas Eve, in fact, a fair few loaded up....says it all
To use the phrase of the day....I’m thrilled

Well said Leep
You having a good day?

Well ordinarily, lunchtime in this share is like a Spanish siesta, but it’s not today, so anyone’s guess? Still very early doors and I’m delighted that I read Craig is Thrilled with the results. Not very often you hear that in an RNS!

Hear hear!

Nice selection there DV
I bought RMM at 0.26 and sold 1/3 at 0.38
Holding out my other 2.5m of them as I personally see the risk at RMM much lower than high risk. But opinions are respected whatever.
Having reflected on these results today, I’m likely to not buy anymore. Not because I don’t want to! But my portfolio is now overweight in cobra (not unhappy at all) and I’m going to have to put fresh profits from others elsewhere to help it balance up. Nice problem to have!

Lennie,
Hi bud
Should be on the Mnrg RNS news feeds. The sold some which was reportable, and then I think they’ve fallen below threshold as a result of the CLN conversion last year. They could have then sold the rest and you won’t know unless you’re inside.
Hope this helps

I think Mnrg fell below the reporting threshold around the middle of last year. Anybody’s guess unless they issue a TR 1 when they peak above reporting threshold again, if ever.

Looks like the DT’s and some profit takers have made way for new entrants. Sticky hands....better.

I wish everyone a good journey here. Having been sat on the train for many months, it’s rewarding to see the buffet car stocked and the carriages full. Station master (old school terminology) has finally given us permission to leave the station.

Next RNS will likely be an update on drilling programme and any remaining results. Clearly this is not going to be a straight line train journey north, but who cares right? Take a satellite view of this and you can see where this is heading.

Back to work now. Nice morning’s fun.

Holding long and strong. 8 years to go and this fits beautifully

Whilst I won’t be selling these, it’s nice to see 9p on the sell side.
Ticking up bit by bit.
Market didn’t really react too badly to recent rns; definitely not priced in the upside here, in my opinion. But time and patience here will be rewarded.
Holding long
All my views
Caribs

Cobr
Only looking for a million ozs to begin with....well the gold , silver and copper are showing. Anyone already invested now can relax. Anyone not invested, can now consider Cobr as a business that quietly gets on and delivers what it set out to do.
Hence, my comment earlier- bottom drawer now. No need for me to be nervous or twitchy. It’s funded, has 22 targets across an area 33% larger than the Greater London area, and a further 4 IOCG targets.
It’s got new mineralisation and it looks set, over the medium to long term to deliver an mcap of £65m just on the million oz proving up. Then there’s the IOCG. So for me, I’ll sit back, walk the dog, have a coffee and wait two or three years for production.
Good luck all
And welcome to the new faces

;-))
Bigger boat on the way...