Member Info for isas

very odd PME rns's- very little volume and share price has been virtually same through out the day.

Share-T- thanks for listing the questions, most of mine are included, but there is one important omission from a late one I submitted, that concerning the remuneration (would the directors consider off setting a proportion of their pay- 50%- in form of shares in the company or using their pay to having to purchase from the market). This would give confidence to investors and furthermore align bod's and shareholders interests. The answer to this question will be important in terms of my voting on resolution 9& 10 pertaining to disapplication of pre-emption rights.

Ereddy- please do your own research, don't rely on my or anyone else's opinions.Whilst it is good to share and discuss, they are our personal interpretations and views and could well be wrong.

Ereddy- When I first bought in, that was my impression too, I have done research since and believe me this looks to be proper outfit, doing exploration methodically and scientifically. There are still some big risks but I am impressed by the approach so far. There is lot of good material on their website worthwhile going through, especially the CPR done by SRK.

Ereddy- Stage two results were about identifying drill targets- fingerprinting other elements to identify the gold bearing structures. I suggest reading through the stage 2 presentation on COB website.

Hopefully there is some news on ADI grant funding this week and followed by drill plans.

Share- Talk, One further question for the webinar:
If the SA government approves granting of monies for exploration costs(50%), would these monies count towards Cobra's contribution towards stage one of the Wuddina Agreement-(Lady Alice will sole fund A$2.1million within 3 years of execution of the Wudinna Agreement to earn a 50% equity position). Thanks

Sorry should have proof read before posting my last post- should make sense if you fill in a few missing words.
Also should add there are 5 IOCG type targets. If one is realised it would be transformational for the company, imagine if more than one.

Richy- good question but I don't there would be a straight answer for this, as it would depend on the results after the 1st phase if drilling for which they are already funded. They have a budget for Wuddina of A$881,333, of which A$80k has already been spent on geochemical sampling I suspect so 800k remaining for drilling and etc. They have raised recently and if the the SA grants come in there should be ample funds to expedite drilling and if there is a sniff of IOCG type, do you think COB will do the remaing exploration on their own? I think Newcrest, Rio and other big operators will be keeping a close eye on COB in the next few months. All we need is to at least one of the drills in the right spot and have small amount of luck.

Having done further research, I think this could be a sleeping giant- It may not go up in a straight line but over the coming months it could explode. I would recommend reading the CPR report compiled by SRK on the company's website.

I think there is at least one further rns next week before the webinar on Wednesday evening.

Sure AP is a wizz kid when it comes to manipulating us PI's but he is no match for the former KGB man.

Degsy- thats an old interview from back in Nov/Dec 19 referring to the Atlas bond funding I think and the missing by a day of signing diamonds because important officials in Zimbabwe had gone to Russia.

Charlie- thats one of the distinguishing feature of this company, the methodology is 1st class and perhaps thats why the SA Gov has invited them to submit for a grant application to cover the 50% costs of drilling IOCG targets. The more I research more i am impressed with their professional and systemic approach and use the capital wisely.

S-machine- post recommended, hopefully people take note of this post and the current process. A lot of false/misunderstanding of the current process has led to unrealistic expectations and thus disappointment. The programme so far completed to end of stage 2 is there to find fingerprint trail for the best location for deciding drill targets. nothing more nothing less- thats my understanding from having read the presentations and hearing the interviews.

They need to start drilling before the results could be given. Hopefully they will outline a drilling plan in the coming days and get on with it, they should have identified the priority drills by now.

Could have an after hours rns US$446k plus US$710 due from Landocean.

Beginning to gain traction in positive territory.

Next week I expect the decision by SA Gov on the 50% grant decision for direct costs for drilling the 4 IOCG targets.

1.54p is a buy price.