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I was wetting myself watching that!
Welcome,
Not seen you before RS5. Enjoy the ride. It’s about to get fun. ;-))
On that note….there will be an inevitability to having trolls…..there such little free float, in real terms, that folk will have to find ways of getting their hands on shares. They certainly are not getting mine….no matter how much they bluster on….I have faith in what we’ve got here….
Ah! Thanks for explaining. That’s always a shame. I see the same on PRE; the problem seems to be that some individuals are malignant, but folk don’t ignore them, but instead give them credence by replying.
Good shout of you to mention it; let’s remember to ‘change’ the argument and not pander to the trolls.
Take care all
Explain Dillon
I don’t frequent it….
Cheers
Caribs
Hey Michael,
Good morning
Yes, it can be frustrating, but I wonder if this is as a result of contractor being delayed, out with of our control…I’m sure there’s a good reason, so not too fussed about it personally. I hear your frustration.
Nicely spotted BCB. Awesome work. Thanks for sharing!
Caribs
Morning all.
Definitely worth listening to the opening 3 minutes of this presentation.
https://secure.emincote.com/client/cobra/cobra002
Most will have seen it, but it’s a highly detailed statement on where we’ve come from and what we’ve got.
Remember….cobra listed with only the ‘potential’ to earn in up to 75%….well, we now own 65% and only have a couple more hurdles to get to 75% ownership of a cracking resource base in the IOCG capital….
Time will show the potential. They be a lot of ‘I wish I had…..’ but not me! I’ve wished and committed to it. Off to sleep for a few weeks whilst that drill spins….:-))
Indeed. Quietly Excited to see how the new CEO continues to perform; his experience in the Gawlor Craton is what’s going to help propel this towards production….no doubt, applying the principle of saving shareholder cash as they have demonstrated with Pathfinder.
Question for Richy….have you managed to get an answer on ADI funding application?
Good luck folks!
I’ve got my lights on it from all angles….flat as a pancake and smooth as a baby’s bottom….I’m not just a Joiner…..although….when my little niece asked what I did (she’s an Aussie) I said I’m a joiner….she replied “you’re a V@gin@”…..some would agree….
Trowelled off twice….in no time listening to that! Little spray bottle and she’s all shiny….like gold and copper!
Listening whilst plastering the lounge…..
https://m.youtube.com/watch?v=_i_qxQztHRI
Not everyone’s taste, I’m guessing! :-)))
Expecting an update any day now on the drill targets and orientation, gravity survey targets on IOCG and confirmation of the drill commencing.
Really exciting 3-6 months ahead, including the revised JORC to include Clarke (3 times the length of Baggy Green).
Definitely recommend the presentation if you haven’t seen it yet.
Thumbs up
Hi Nubi,
Thanks for the question. It’s probably best to take a look at the RNS feed, work back from that…..but it’s a layer cake…..not going to be easily explained on one RNS, not until next year….but you’ll see….this is not a short term share. Happy reading. Good luck whatever decision/conclusion you make.
Caribs
Good to hear from you Headzy; yes, today was a good example of what BCB and I have been saying - one new entrant, or a decent top-up and this shifts very quickly. Naturally some ST’s exiting at 5-10%, but all to be expected.
Hope you’re well?
Caribs
Get used to it Dan
;-))
Morning BCB
Thanks for the reminders - all really valid points and exactly why I invested here.
I’ve got 1m in my sipp and 3+m in my SSAS. I’m not in any doubt that I can just sit on these and enjoy the future fruit. My future self will look back and thank me for my patience and tenacity. The great thing to remember, of course, is it’s main market, low shares in issue and has delivered on everything it said it would.
New Jorc update in the new year too.
No doubt, when this begins to move the toilet paper buyers will pile in….but by then it’ll be a bit too late to get the multiples I’ll be getting. :-))
Good luck all
Ghw22,
Hilarious! Go on then, try! Any Tiny pressure on this share and it’ll shift like a rat up a drainpipe. You’ll struggle to find shares, except for the ST’s. most are held closely, by the few insiders, a few funds (exempt from 3% reporting requirements) ,BCB and about twenty other guys making up 20% of the SC.
It’s a lonely old journey for the next two years…..some will bite their nails, others will give up….me and a few are here for the journey abd the arrival, not just the next stop.
Welcome back
X
Time to dig-in and, to use a crypto phrase, HODL.
The only liquidity here is the short termers, 10%ers and DT’s. LTH have grown their positions, and apart from CM, are holding.
Sit back and enjoy riding the snake
I’m no expert….but the magnetic highs showed in the presentation for IOCG 6 and Oak Dam, demonstrate an area of 9+ sq km an 12+ sq km respectively. That’s absolutely massive potential volume of ore, depending on ultimate depth of the ore. It potentially puts oak dam in the ball park with Olympic Dam on a volume of ore basis. But they all needs drilling to test the depth, if they each get through the gravity surveys. BCB is not wrong to be excited - they are big targets! Hope this helps?