Member Info for Charlie1984

Here, here could have put it better myself. Seems we have a few scorned ex shareholders that sold at a loss and now troll this BB. Little sad really guys just move on quietly - GLA genuine folk

Reduce the size your wanting to buy or use L2 to assist I was finding I couldn't buy as there is limited shares available and keep getting offered the dealing team to execute but they will buy my full holding

Spicy Goat will take my chances everything I have been given so far has made me money or I am still holding and in the blue

P&D out of the Blue ?

Update on Oil & Gas asset and gold any day - thats all i am told was also given COBR @ 1.45p

Currently 6/6 sat Blue and SP flying now 26% up

News is due and everything is still on apparently and could land any time thats all I was told I got in about 20 mins ago followed by the herd

FULL OFFER TO SELL

Buys flooding in GLA

Not many left under the 2p mark

Spread closing in a little MM will be pushing for the sale as they dont have a massive volume of share to keep feeding the buyers going to get interesting IMO on news ......................

Currently willing to take my full holding for 1.84p PS MM wanting shares

Fill your boots why you still can under 2p

Few decent buys and this will tick up past the 2p mark by lunch IMO - GLA

If we get these grades then this will be a possible take over target due to those grades and resource sizes.

I am putting a minimum take over / buy out offer at £150-200m

Thats is my prediction if we get the news that we are hoping (you heard it here first).

However, why we wait I am hoping for this to close today 2.2-2.5p target.

PIs should be taking positions, a few rainbow chasing following weekend Pharma news and will have cash and profits in hand, many buy on news but will struggle to get in here as free float is only 44.3m shares and this is why a take over could be primed as there is only 155m shares in issue and low MC.

Seen similar shares go from 0.9p to £3.58 VGM back in the day, Gold is on the rise, Chinese have cash and love commodities, IMO in the next few weeks / months expect some big big surprises here - my near term target is 10-20p on news easy IMO just need the right grades.

High grades up 97g/t

Highlights:

· The Stage 2 sampling programme has been completed successfully.

· A total of 654 soil samples have been delivered to ALS Laboratories for multi-element analysis.

· Field activities were completed on Friday 27th March with all areas being tested, except for the Clarke prospect where sand cover proved too deep for manual auguring.

· Results are currently expected within 2 to 4 weeks as to date the processing of samples at the ALS laboratories have been largely unaffected by the COVID-19 outbreak.

· The Company has also submitted it second round proposal for co-funding of an exploration programme targeting large scale IOCG (Olympic Dam-style) mineralisation under the Department of Mining and Energy's Advanced Discovery Initiative.



In Detail:

The Stage 2 soil sampling programme was completed on schedule on the 28th March with 654 samples being sent to ALS laboratories in Adelaide. The programme saw the collection of 104 new samples at the Barns prospect - Southern Extension; Baggy Green - South; Baggy Green South East; and the Clarke prospect, as well as 550 re-assays of previous samples.

- 3 weeks have passed since RNS stating 3-4 weeks for news

Flushing a few profit takers out -1.97p paid and another attack on 2p, will be nice to break this point and hold, surprised PIs are selling on the eve of news, news can drop any time, this is looking like it can be a Major Player with world class assets and Mega projects GLA

Yes your correct. As have his previous loans, several of them, it terms of the trust

Fill your boots IMO this is going to be worth 100s millions £ easy results due and everything looking awesome !

• Greenfield exploration at Wudinna has the potential to define a new goldfield
• 22 underexplored prospects all within 60km of Barns
• Over 10,000 soil samples in archive greatly reduces exploration cost
• Mineralisation fingerprint analysis reduces exploration risk

IOCG Exploration - Blue Sky

• IOCG or Iron Oxide Copper Gold deposits typically form massive world class ore bodies (e. BHP’s Olympic Dam (300km NE)
and Oz Minerals Prominent Hill and Carrapateena
• The geochemical signature and source of heat / metal for the mineralisation at Wudinna is the same as at Olympic Dam
• Cobra has been asked to submit a second round proposal for South Australian Govt’s ADI Funding (50% direct costs) to test 4 new IOCG targets
• An IOCG discovery would transform the Company into a major mining house

Prince Alfred - Brownfield
• Prince Alfred is a wholly owned Cobra asset
• Last mined in 1907, historic high grade mineralisation reported as 3% to 5% copper.
• Mining ceased due to 1907 copper price crash
• Depth or extent of mineralisation has never been to be properly tested.
• Potential cash generator or monetisable asset

Quality
High grade, fertile gold system with scale to develop a new goldfield
Value - 211,000oz JORC resource undervalued
Scale - 3 Brownfield deposits with potential for 5 fold+ increase
22 Greenfield prospects with multi million ounce aggregate resource potential
Innovation - Industry leading science provides pathfinders to mineralisation and reduced risk in drilling target identification
Blue Sky - An IOCG discovery would create HUGE shareholder value

Major Shareholders March 2020 (You will recognize a big player or two)
SHARE NOMINEES LTD
34,090,389
21.9%
JIM NOMINEES LIMITED
25,119,579
16.2%
HARGREAVES LANSDOWN (NOMINEES)
17,495,884
11.3%
PENN NOMINEES PTY LTD
12,293,977
7.9%
TRUSTEE FOR SPRINGTON TRUST
12,293,976
7.9%

Interesting

https://mobile.twitter.com/cobra_resources/status/1254677434529693696?s=21

Jog along then, go enjoy your self, enjoy the beer and the sun, no one is asking your opinion, you seem to have little faith, so why do you keep hanging around like a bad smell?