Member Info for isas

Good post-MS totally concur with your summation of the situation here.

COBR is not on AIM but on the main market.

Carribean- I don't wish to dampen any expectations- I think you are forgetting the 97m warrants @2p which have already been placed on the exchange ready to be converted (see rns back in March) hopefully they'll be absorbed in the next few weeks - I think the price has to be around 3p for 5 days before they are required to be converted- expect some of them would have already be forward sold- not a bad thing in my opinion more money for company to expedite drilling.

Just bear in mind the real news (which in my opinion will gallop the price from pennies to a pound) won't appear until after the company have earned their 50% or even 75%.

HFB- I think you posted Cabinet meeting information/indicative time lines, a few days back, could you please re-post these if able to do so.

I think there may be a deliberate ploy to down play the news, The gov'n wants to be seen to have taken a measured process, due to heightened awareness and cases of corruption in the political elite- particularly in reference to the previous leaders helping themselves to state resources. It will happen with full due process.

Thanks HFB for that response. been following ORCP for along time even as back in the 8p days. Sold out at a loss, just a few months before the Sheikh show'd interest- just my luck. Took a small position a few weeks back- I think 0.75p range is probably the base even with YA/RGO vultures about.

HFB- Are the remaining CLN's worth £1m going to be converted for 0.549p? or is there going to be a higher price because of the vwap being being higher?

MMs been having a field day with Vast for the past 6 six years because of the BoD. All the rns's are clear as mud, podcasts are contradictory and some even are blatant lies. Sure there'll be spikes, guess around end of october when they want your votes for raising the ceiling and re-election to the board- that'll be the time to exit, don't miss it.

Richy- I have found CM to be quite prompt with his response to my queries, except the in the last week when he responded after 3 days. You've got to allow for the time difference, he is on the other side of the world.
I use the cm@cobraplc.com.

Richy- very good point about ADI funding and the other 3.3km drilling probably an IOCG target, my thoughts on the same lines.

I suspect the prospectus rns is not too far and may have something on the ADI funding in the same rns.

He's still got just over an hour and half left, but has endangered himself with trust and competence issue- I expected the rns around mid-day the latest. I know it is only a detail on the drilling programme, but once you raise expectations and time guidance you need to deliver on those. I wholeheartedly agree with Carribs posts below. This not good CM, need to raise your game a bit.

Tom, welcome indeed, honestly your timing is excellent. Next few months should be news flow rich.

Daniel- still expecting one for when the drilling will commence. With the recent trading patterns expected something on finance, my hunch was rather on warrant conversions- but this is good and a higher level than the previous raise and higher than the warrants (2p). Now that the finance is out of the way, the real news should begin to flow on the nuts and bolts of drilling, hopefully.

Dan- I also have a hunch that a drilling rns is imminent, within 48hrs I say.

Charlie totally agree with your view on tedious repetition of same old stuff. They need to communicate the drilling programme and some details of the Hagstrom contract.

According to the Stockcube interview CM mentioned 'negotiating the arrival of drilling rigs"- I am not sure what "negotiating" and "arrival" in this context means, this was 2 weeks ago should really have concluded by now and the company needs to relay to the market some sort of concrete programme going forward and also if there is any impact from the covid19 situation.

It appears that some people have mis-interpreted my post of potential warrant conversion likely placing. Just to be clear, it was a mere hunch that I was guessing the 98m warrants at 2p may be being forward sold and if they were then that would be positive in the sense that 1. there would be more money in the company's kitty to target a another IOCG site for drilling and 2. As we move into positive territory for the share price there would be less chance of temporary brakes if we exhaust the warrants now. Placing was not on the menu and I don't think it would be in the very near future and if it were then it would be small scale and quite a bit higher than the on the previous occasion.

If that is the case then we should have a rns fairly shortly. I think it would be positive to have the 98m warrants outstanding converted and the £2m in company's kitty to expedite IOCG targets.