Member Info for imac1

Lansdowne still selling and without news the SP will get pulled down. People ready to pounce purely on the slightest hint of insider trading is very very silly. News in June is what we know Anything else is just a bonus but not expected. People should try having more patience than a 3 day flip trade and onto the next hit Covid stock sure fire way to boom or bust. Busy being the most likely thing just like back in the Dot Com boom be very careful. Those with a longer term view SNG is looking like a great opportunity for a medium term hold.

Much more liquidity available at the moment only last week one of these purchases would have mooned the SP. Something is brewing that’s for sure and MMS have been pressed to shake the SP shame for them most of us won’t be selling anytime soon..!!!

Certain investment platforms won’t allow you to set high sell limits because they want to use your shares trust me Interactive Investor are bad for this along with a few others..!!!

Finally the ask has moved to 3.1 can see this moving nicely towards 3.3-3.5 today. The potential is crazy really don’t think that many people are aware of Cobra at the moment. The book build is by far the fastest I have ever seen what does that tell you... that people were happy to throw away their money as fast as they could and watch the price bomb on poor news, sorry but that ain’t happening...!!!

Lancashire . The CEO has suggested and I must reiterate only suggested that the area we have hosts potential for Multi Moz of gold and that new techniques in exploration have allowed them to identify this potential easier. Furthermore another company AGS With land adjacent just reported higher than expected grades of Gold from their exploration programme. It’s all stacking up and we are talking about Australia Gold exploration it’s like how did someone put it the other day “Australia with Gold is like Saudi Arabia with Oil” I liked that :-)

SP should have ticked up way way higher of the back of those purchases very friendly market makers to hold the price below 3p. Those are not punter trades we would never get that price for such large purchases...!!!!

Having ran multiple calculation models at various percentages of ownership I keep getting a bare minimum of a x10 bag per million oz and a best of a x30 bag. That is just for 1 million oz of gold if estimates are several million this could genuinely be a x100 bag. Optimistic I know but let’s take 25 bag as minimum on several million oz and you can see where this will go on the sniff of good news...!!!
GLA

Nice strong Open 2.7 - 3.0p

News any day now.

Got a lump sum coming to me end of this week and was hoping it would arrive before RNS and going back above 3p but not looking likely can see this opening above 3p tomorrow morning with RNS mid week. Ah well still have a nice holding and will add more dependant on the RNS.

https://twitter.com/cobra_resources/status/1259758917179133953?s=21

My bad just the once but still why post the tweet today? No need for an immediate placing, book build over subscribed and done within a few hours, news just around the corner and upcoming interview with CEO.

Join the dots

I didn’t reference to fantastic news. But company has just tweeted twice today about the Potential of the prospects..!!!

Need to ask yourself why would the company continue to tweet about the potential multi moz just after the book build with news and an interview upcoming if results were poor...!!!

My numbers also very conservative but higher than your numbers Charlie.
I will post calculations later on today if I get time based on current 2.5p SP and gold at $1800
1m oz - 33.1p (x 13.24 )
2m oz - 66.2p (x 26.48)
3m oz - 99.3p (x 39.72)
4m oz - 132.4p (52.96)

These are very conservative figures Charlie you could easily double or treble them and that’s without the price of Gold going over $2000.

Would be a very positive impact for SNG but I’m sure it will be a UK based Antigen test used. Either way if you get tested and confirmed Covid 19 you would be sent the SNG nebuliser and asked to self isolate and medicate.

The way the placing was executed and the time frame is defo mates rates. I am however for once not that bothered if they announce great results in the RNS this will make serious money and all will be forgiven. Bad results and well I might just make a flight out to Australia after the lockdown..!!!

100% the safest way to invest Mercedesman I bought GGP at 2.1p watched them tank to 0.5p and then rode them out until 6p not sure I want to wait that long with Cobra haha Good luck and all the best with your investments hope to see you back here again soon for the right reasons post RNS

Should say “Gold or Bust”

I hear you mercedesman however I do see this as a mates rates discount nothing else. Will it be investigated absolutely no chance so why not do it when you know you will be looked after when you release the RNS about gold grades. Seen this a good few times remember GKP doing something similar before releasing drill results years back and next thing you know 7p to 70p within a few weeks. Not saying that will happen but don’t think for one minute a small sub £1M placing will be investigated if great news is released next week. What may happen though is people will have bought in at 2.5p or above sold at a loss and then buy back in at 5p or above from FOMO always the way with the markets. Next week is going to be very interesting indeed. Good or bust , Are you In or Out..!!!

Don’t think anyone can say anything about you selling part of your holding wise move and great way to de risk your investment. With 750k shares still invested you could become very very wealthy of the back of good results if your not already haha