Member Info for MutleyInferno

Boland and head drilling should be finished soon. i.e. 4 - 6 Weeks from 12 March.

First lab results were also expected early April so allowing for delays we should be hearing something pretty soon.

Exciting times

£50m will be an absolute steal on a half decent Rare Earths MRE.

Ruppert's test case (See May 24 presentation) details "Meteoric Resources" which went from A$22m to A$480m once the MRE was done and all the technicals were proven.

COBR have done all the technicals and they're now working on an MRE which isn't too far away.

£50m will surely be left for dust when the MRE lands.

Then there's the copper project which is looking like it could be a Tier 1 asset. What will the price be when that comes in too.

My guess would be at least £150m-£200m on a good Rare Earths MRE and the sky's the limit if the copper hits too. Pie in the sky gut feel of £500m mcap for me on both projects succeeding.

COBR has to be one of the best early stage Copper plays around at the moment. Rupert is very excited about it and it could well turn out to be a Tier 1 asset.

It's still flying under the radar which is great for early investors.

Boland their Rare Earths project is equally as exciting as the Copper.

Cobra have only just started to get involved in the Manna Hill Copper project. They have secured a 12 month option to acquire the project.

The ground has only just become available because of the complexities securing a land access agreement which David Clarke has been working on for many years.

There has been some impressive historical drilling results from the site so the current Cobra drill campaign is being done to verify those previous results.

The main RNS detailing the acquisition is dated 26th August if anyone wants more detail.

The RNS includes the following quote from David. "This is certainly the most prospective asset I have managed to get my hands on in over 50 years"

Rupert Verco the Cobra CEO is extremely excited about the Manna Hill project and they say it could be a Tier 1 copper discovery.

There's no official assay results yet but visual signs from the initial drills are apparently encouraging.

"massive warrant-related flow" Was that meant to be sarcastic?

20,000 shares is around £800 so hardly massive and unlikely to be related to warrants at all.

Most Warrants were issued to Sophisticated Investors who would most likely be holding way more than 20,000 shares.

A nice show of confidence bigmj and a decent sum for the COBR coffers. I've seen you elsewhere (although I can't remember where) and I understand you're a serious investor.

I'm currently sat at around 0.5% which is about my limit for any one company but I may increase it if things continue to go well.

Here's hoping the two very exciting projects continue to show progress and release lots of news over the next few months.

It would also help if trades showed up here in a timely manner.

I bought another decent chunk this morning and the trade hasn't shown up yet.

I'm sure the thought process behind the Investor Hub was well intentioned but it's certainly not the best tool for attracting investors.

People searching for company info are generally reluctant to sign up with their email details to any web site these days unless they have a serious need.

I agree that PR seems a little week but I suspect that's due to Rupert's workload rather than apathy.

A Youtube channel would be a great idea. Maybe it would be worth you suggesting that to Rupert via the Investor Hub.

I wonder if someone will run an XRF over the cores before they send them off.

Interesting debate,

Lots of very useful information in there which has helped to consolidate my thoughts on the REE project.

The Copper project is a huge bonus for us I think.

Keep it up guys.

I'm sure there will be if the price goes high enough but they're not having any of mine at the current price!

There's a brief mention of COBR on this weeks Sunday Roast/BBQ. Around 1:19:45

https://www.youtube.com/watch?v=-bch4Eqhfbs

I'd be more understanding if the majority of the options were going to the employees but they're not.

120m of the 145m are going to directors and I can't for a minute believe Charles (50m options) would jump ship to work for any other local employer!

It wouldn't have been beyond the realms of possibility to incentivize employees and separately align directors with the long suffering shareholders that supported this company for many years.

It feels like a stitch up to me and as a long suffering shareholder that at 1 point held around 1% of this company I feel a touch aggrieved!

You're all being rather generous. It is ridiculously low.

Being incentivized to get the share price back to where it was in March shows a complete lack of respect for current shareholders.

There's a nice research summary from Edison now available under the research tab titled "Testing points to High Recoveries"

Https://www.youtube.com/watch?v=uPqZq0NyXlU

Cobr gets a brief mention at around 7:20

Apologies if this has been posted already

The PEPR approval process and timeline will be one of the most interesting upcoming events for me.

As this is supposed to be ISR with little environmental impact the PEPR approval should theoretically be what I would expect to be a tick box exercise.

Fingers crossed as this should be a very telling part of the project.

I'm hoping they're still running to the outline plan detailed in the December 24 presentation:

MRE - Jul 25

In Field Permeability Study - Jun-Aug 25

Scoping Study - Aug-Nov 25

MRE & Field permeability Study should give this a bit of a Rocket if all goes well.

The CGT rules are different if you re-invest the money in the same share within 30 days. It's nothing to do with the same account.