The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
I think that’s a little apocalyptic Richy; plenty of buyers seem to be enjoying the opportunity of a depressed market. We have had great results, more to come, a clear plan with a JV lined up early next year. IOCGs notwithstanding, there’s a revised JORC on the way too.
I’m pleased with my holding, although I’d never expected to hold so many! But all I’ve done is remove a little liquidity….because I just don’t sell these. I’ll either be pleased or displeased in the long run, but as Kenny Rogers says ‘you never count your money when you’re sitting at the table’…
Correction…..couple of top ups pushes me over 1.2%.
From the inpatient to the PATIENT
:-))
It’s an incredible opportunity for new entrants and for top-ups. I’m not happy about it, as I’ve had to develop abilities akin to Aquaman…..but I’m not missing the opportunity to top-up
I’m now holding a splodge under 1.2%. Anticipating a raise which will leave me with approximately 1%…..not unhappy with the long term, but the short term is painful to watch right now. Christmas sure is a crud time of year!
Happy Xmas all
Hi AO
Long time…..
I’m busy at work, so haven’t been contributing…..but I’ve been topping up at these levels. JV just around the bend.
Ken, thanks for your contributions. Glad to see you more positive on this - value your input.
BCB, catch up later, perhaps?
Couldn’t resist topping up below 1.4!
Remember the nugget effect Richy….
The team at Cobra, as anticipated , delivering another great progress report. The snake is growing…holding as ever.
GLA
Right behind you BCB…..got my dustpan and brush….:-))
Totally agree BCB
The former LAM s/h’rs are holding for a reason. We have no idea what investigative work they may have carried out prior to the RTO…..but they seem to have some tenacity in their grip. Speaks volumes to me.
Have a good day all
Caribs
What a joke.
Hi Richy
I have to fundamentally disagree with your point in respect of DC. He (and the Balls, along with former LAM Holders) have sacrificed their 100% share in a tenement for an ultimate maximum of 29% or so….allowing investors like all of us to become involved, at a market price, joining them on their journey. Their skin has always been in the game; it was just unrealised and under-capitalised……but they had it from the beginning. No need them to Chuck more in, IMO, as they’ve sacrificed a shed load of equity to let me in to the game…..
Onwards as far as I see it….
They know the value is there…..so do I.
It’s just time and good science that will bring this bad-boy home…. :-))
Thank you Andy
Thanks for posting, Troajan,
No doubt you’ve been buying back in at the low levels of late? Good to see you back watching….
https://mobile.twitter.com/Cobra_Resources/status/1456191959782014979?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet
Few trucks arriving as seen in the pictures. I’ve got my sis to dig in to the word on the street in Wudinna…
Hi Richy
I think you’ll find the limited free float abd lack of liquidity is making the MMS twitchy. They’ll gradually accumulate over the coming weeks, so we should this steadily rise hereinafter.
Holding, as ever…
‘the detailed ground gravity survey is a critical step in advancing our IOCG targets - in a prolific IOCG region - from conceptual to drill-ready.’
It’s right there…..the moment and reason for a decision investing here….it’s Binary….six binary chances at a big hit on IOCG….I like those odds….a lot! All whilst alongside this the business builds a core, cool million oz resource. No brainer.
Well if that’s not whet your appetite, then I’m afraid you can’t be juiced…..:-()
BCB’s hosting that….what say you BCB? :-))
I know I have a date with BCB when we reach a certain point…..;-)
Off to give blood now….GLA
Quite right dnd
If they are in anyway contiguous……then Olympic Dam will have finally met its big daddy!
Hi Punter,
It’s exactly where they found the good grades….but infill to define and test the model. 1.1km strike length…..some good ozs there….possibly up to further 400k from that alone…..
It’s all there in the presentation from last month….
GLA
Caribs
Thanks for posting that Richy
Anyone else thinks it’s ‘interesting’ to see the circular nature of the IOCG targets how they outcrop? IF and it’s a big IF, they are somehow linked, OMG…..forget thinking about 1m ozs and 100 bagger…..just saying.
Hi 1noise,
Welcome back to the main barbecue from the back burner. It’s bonkers, really, when you look back, how far we’ve come in 18 months. From a promise of a share in the tenement to being 65% owners, with 75% around the corner….an increased Jorc resource on its way, 6 IOCG targets, 3 of which are getting grav’d as we speak, super high grades of surface gold in calcrete, ‘unconstrained opportunities for resource growth’, our own 100% owned prospects, all in the IOCG capital, with 1/10th of the shares in issue compared to others nearby…..I’m happy with my holding….Richy is too, having spoken the other day, Dillon, calmac, Michael, to name a few too.
Dig in, sit back and wait for the snakebite.
GLA caribs