Member Info for Carribean2029

Well I’ll think I’ll roll a big fat one myself tonight.

On other matters; a cracking performance today, putting our market cap at 10.09m. This will kick in the Ned’s options which I seem to remember best at between 2-4 pence. There are 15m available to them to vest now and I’ll assume none will opt to vest at this stage. Regardless, the options have now reached their vesting point.
This is an important milestone and will give the board a renewed enthusiasm, focus and appreciation that they can now officially earn some skin.
Expect an RNS detailing this tomorrow or Wednesday.
Good luck all holders.
Remember, I’ve been here since 12/5/20 and have 8 years to go, so not ramping. Just affirming my thoughts

Tony,
Look after yourself in your autumn adventures. Grateful for your contributions
Enjoy the next stage of your journey.
Best wishes
Caribs

Think this is one of the busiest days yet with over 17m shares traded. Just over 5% of issues capital traded in the day. Shows how sensitive this is.
Holding, as ever.

Hi Michael,
A late Christmas present looks like it’s on the way.
Hope you’re well?
Stay safe buddy
Holding for the big blue ink

Strapped in

Not selling....still got mine. 8 years and 1 month to go...so unless they start offering 50p a share, I ain’t interested

Mcap just a touch off £10m now. Neds get their options at £10m mcap.

up she goes.

Foxy
You are funny!
Keep posting your updates and keep us informed

Hi Leep,
That was Christmas Eve - I was blamed for the BG results.....It was hurtful at that time, then Trek told me to man up - best telling off I've ever had.
Long Term Holders (larger holders particularly) here will begin to appreciate that they are the reason this is beginning to build. The free float here is minimal in real terms. There will inevitably be a TR-1 needing to pop up soon for the Lady Alice purchase unless these have been placed already, but either way, whoever picks them up (if in any volume) will have to deliver the TR-1 sooner or later.
Hold until relieved.
Caribs

Hi ST and AO,
I’m relaxed and laughed at both posts.
Happy to be part of the nicest BB on LSE.
All good here; I’ve been watching all morning, well nearly all morning.....didn’t wake until 8:30 having filled myself with last season’s Damson Gin last night....
Anyway, was lovely to wake up and find out I’m £6k up before my first coffee.
Some typical activity here over lunch; will likely see this settle upwards this afternoon, having seen some Christmas Eve entrants (I’m guessing) top slicing and taking a 50% gain - not to be sniffed at in anyone’s book, over the space of 3 weeks.
Still, this is not a share for the faint hearted if you want to see multi-bags, so it’s not surprising to see the sells.
I think every penny adds over £26k to my holding here, so keep the pressure up eh? - I’ve got a retirement to fund ;-))
Good luck all holders

Hi BSB and Boom
In terms of the size of the project, I believe 1m 0zs is entirely achievable, realistic and probably under stated. The area has been mined by artisanal miners previously, but as anyone knows, artisans never get anywhere near the basement nor the lower floors, where the gold generally is. As such, the drill campaign will find lovely grades, most likely open at depth way beyond what the surface miners have taken. The gold belt is rich in solid grades for open pit. And our area covers a significant sq. km of ground. Yes 1m ozs is totally given and will see this SP shift into multi-bag territory when this is confirmed. But, they've got to get there and find it, so there's always a risk. That said, this is a fairly well de-risked share, given they are well funded, have terms agreed for production and all they have to do is drill in the right place in enough holes.....
Holding and Building

Continuing to build my position here; took another 27,500 shares today, so just about 170,000 of these. Will get to 200,000 and then happy with that.
Here’s to the upcoming results contributing to the FS.
Good luck all holders

To be honest ST, I’m appalled, amused and being a sensitive soul, quite hurt! Lol!
I’m committed to this share as this company, despite CM not liking my odd email Jibe at him. Got to keep management on their toes....
As I’ve maintained since I dipped my toe, there’s something either quite extraordinarily special about Cobra or just special. Take your pick, either way, for me, I’m in as deep as my mandate allows.
Looking forward to the next two weeks, just to see us achieve fair value for where we actually are in this journey.
Market hasn’t properly priced in the JV, Clarke, the 211,000 ozs nor the IOCG potential, but it will come. Michael knows.....patience
Night all

Shocking! You’re at number 10, mind you!
Algorithms - so I’m committed, but One thing I’m always clear about, and that’s my timescale.
I said to my fellow trustee, when we aimed to take a million here, (although we and I have well over double that now) that it will be a long term ride with some incredibly bumpy and uncomfortable turns in the short term. Thankfully, having got past Christmas Eve’s bungee jump, I have, so far been right.

NHS- 5-6 weeks of ****e on the horizon and then we will see how things are. World will get back to normal pretty quickly, but anticipate annual Covid and flu jabs hereinafter....

This was shared earlier in the week. But listening again, I was focussed on picking up Craig’s thinking of getting into production
https://m.youtube.com/watch?v=h4STl12g5fA

At about 4:45 to 6 minutes they discuss timelines on 1m ozs and this could be 2-3 years according to Craig, as of September last year. This gives the idea that the resource should be adding around 200,000 ozs every six months or so from here.

As far as getting into production, he says ‘from where we are today, look, i think if we had an operating gold project within 3-5 years, I think that would be a very good outcome.

This gives a clear target to shift from exploration into development and becoming a junior miner. What’s more fundamental though, in my opinion, is that Cobr is main market. Why? Why bother? I think it comes down to credibility and an appreciation that this project won’t burn through cash like others on AIM, but has designs on being a major, or anticipates a big fat RTO some years down the line.

As always, my timescales are long term, fitting into the Cobr story adequately.

Just thought I’d share my thoughts.

Caribs

http://******************/rampchecker/rampcheckbytidm.php?search=Cobr

I have, this morning, discovered I’m the 3rd listed ramper for cobra!
Just for the record, all newbies, I’ve already admitted I bought here on 12/05/2020 and have averaged up, down, sideways and inside out. I have also stressed I’m here for the very long term.
Regardless, it was still nice to see that I wasn’t first.....

Hi Rob,
ST is referring to the Primary goal of just bringing 1m ozs into the JORC; and yes, this is across an area 25% larger than the Greater London area. There’s currently 211,000 ozs in the Baggy Green area and Barns, if memory serves me well, which accounts for about 10 sq km of ground, if that.
The 4 IOCG targets are not even included in the ground that they wish to use to prove up the 1m ozs, so it’s bloody exciting, given the Clarke step out bonanza that popped up as a new area of mineralisation.
Incidentally, welcome to the board
Caribs

Afternoon AO
Yes, we are lucky (ish) down here, but the spread here is, sadly, inevitable. Poole have been taking patients into life support from Kent and Surrey for over 10 days now as they are backed up closer to home. We’ve now got 360+ Covid patients in Poole and Bournemouth and that’s a lot!!
NHS are truly bloody amazing; so many are off themselves having picked it up, and the remaining staff are pulling doubles and extras to fill the gaps.
Looks like a horrid 4 - 6 weeks, then hopefully we will see some easing. I’ve been lucky- worked all the way through since March, but had a cold for 3 weeks (not Covid) so have been isolating and doing the bathroom at home to fill the time....
Hope everyone stays well and safe

I didn’t buy until 12/05/2020; I always was a late starter
Strangely I bought in at 2.8!!!
I worked all the way down to 1.45, however.
I even got my parents in at 1.8.