Member Info for Carribean2029

I’m not sure that it’s worth trying to find a comparison; REE for Cobr is like another layer on the cake, as If silver, gold, copper aren’t enough!
We have to remove Earth to get to the gold, but rather than it being a cost, it’ll be a revenue stream. Naturally the grades are nothing like a pure REE play, but given its relative abundance in the clay, it’s a lovely bonus to get us started.

With the JV around the corner, this is beginning to look like a perfect/incredibly good match. Andromeda are well placed to bring in their expertise and tech to cost-effectively refine the REE and, as such, provide a lower entry cost to achieving gold extraction….
It just keeps getting better.
Holding…..naturally.
Caribs

Yep. Getting the van first thing! 15-16 hours of music and good vibes back to Blighty!
You and I share a common belief and understanding of this little Snake. Makes me chuckle as I am on a hillside overlooking the Elbe river snake it’s way down….one way traffic on the river and here….upwards!

Sat in a bar in Northern Czech…..
Not reviewed the football scores, Michael, but do tell if you had another result?
Talking of results…..this week could be another good slap on the table…..holding long, strong and now I’ve stopped spending money on lawyers, time to top-up again.
GLA and ATB
Caribs

Ha ha! Thanks AO.
Journey only just beginning….

Quite possibly more than the $1bn…if this momentum is maintained. The investment case over the medium term is incomparable and compelling.
ATB all
Caribs

Hi Jersey
Yes, it’s quiet for sure.
But that’s because everyone is sat on their hands, so only the most adept like you can type with their nose! ;-))

Cheers Michael
I’ve been manic busy on site in Weymouth and now Newquay, so been quiet, but always watching….
Got a week off soon - but got to go pick my van up from Czech- broke down on way back from Ukraine on an aid delivery 10 days ago. No rest for the wicked eh?
Hope you’re well
Caribs

I’ve been waiting for that post! ;-))

Cobra's planned 2022 work programme is fully funded and focuses on rapidly expanding the rare earths discovery and updating the gold mineral resource estimate. We are pursuing a three-pronged strategy of gold, rare earths, and iron oxide copper gold, with highly encouraging indicators across all three. This intense period of activity is also expected to see Cobra achieve its 75% earn-in to the Wudinna Project milestone in Q3 2022."

Coming….first drink on me

Great post BCB
I’m pleased you remind us of the 2500 sq km of ground; I remember posting over a year ago about the size of the ground, and I always enjoy a bit of context. The Greater London area is a little under 1,600 sq km….our tenements are over 50% larger area than London…..that’s some serious ground to cover.
The fact that DC has sought to increase his proportionate holding, post-dilution, speaks volumes.
BCB and I have often discussed the inside-track ‘knowledge’ of the LAM shareholders, believing that they have a conviction on this site, for some reason, unknown to us. It looks like the knowledge is beginning to filter down. Watch this space.
Good luck all holders.
I’ve been trying to find ways of releasing my grip on my 1% + holding here, but I gave up. I am sat on some tidy looking gains, but I believe, and have always stated, that my timeline is considerably longer than 2022….so all holders here should be rewarded if they can have the same level of patience as some of us LTH’s.
Caribs

Agree. BCB has been a stout fellow on this board. Bless his commitment and friendship.
Have a good weekend everyone.
Caribs

Can I add a 4’th to this…..

Hi Michael
Sitting tight and waiting waiting waiting
Got 4m + of these and I will have for some time to come. Pry bar required to open my grip. :-))

It wasn’t my 1% or so. Sticky hands here.

Evening all
Penny finally dropping? Long way to go here.
Good to see the long termers still here, crawling out the woodwork.
GLA

Hate to burst bubbles; JV costs are to be met in proportion to respective holdings.

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
:-))