Member Info for Orion10

Bitcoin. In the junior exploration space you need management with a track record and a project that is highly prospective for a mineral discovery. That was my objective. I did not just buy shares -I was the sole catalyst that made this company happen. I was relentless in urging Paul Johnson to assist me set up a new listing in the UK . He finally agreed and Cobra Resources plc was born. We then brought in Rolf Gerritson who did a great job and then Greg Han**** was introduced to us through a broker and he came on board.
We listed -we spent a whole year looking at projects -some I rejected outright and when Wudinna came along I was adamant it was the best project opportunity on offer. It's still a good project but in comparison to AGS it is low grade. We don't have a mineable resource - and like AGS the ore systems are disparate . We don't yet even have a small mineable economic ore body let alone a modest high grade as AGS are progressing at Wilcherry. Even AGS are struggling - a hell of a lot of drilling and nothing really exciting and their average grades are much -much higher than ours.
We should be focusing on trying to prove up a similar operation to AGS putting our exploration dollars into areas where we have high grade -not a huge grass roots program.
But having said that and even if I could be convinced they are on the right track we SHOULD be talking about tin -we should be focusing more on copper -even silver. Now it may well happen as cryptos are having a few bad days that gold is going to shine again but Cobra is not going to have any news in the gold space for at least a year - you don't find ore bodies with aircore programs. There is a lot of work to do now before we can expect anything exciting . The share price will drift -we need more projects - iron ore has been my recommendation or a gold project in a jurisdiction that is on investors radar screens. Like Karlawinda - or the Pilbara. South Australia is not cutting the mustard - They could do this but wont -wont get out their comfort zone.
They are putting the company into a hibernation period with boring geochemistry results -a few RC that might excite -an MD who has no interest in the company anymore and a Chairman wearing ten hats.
Fact is we need an ENTREPRENEUR on board -a promoter - a mine finder AND we need to get the story out there about TIN -about our proximity to Wilcherry -an emerging tin province - about our proximity to Paris and the SILVER. Have we ever heard about AGS -have we ever heard about the tin potential . Have we ever heard about the stunning Paris silver results - They are asleep at the wheel.
We need management that gets on the front foot and keeps shareholders informed - that highlights the potential of other commodities -not just gold. They are dead from the toes up - months without even a report to shareholders. It's time for change and URGENTLY .

Some people are referring to management as professionals - give me strength !
These guys could not find a mine if their life depended on it - we are back to very basic grass roots exploration -will take years with the exploration program announced.
No mention of tin -as expected -- but at least they took my advice to acquire more ground.
I have a heap of discoveries to my name -what has Han**** or Moulton ever found !
I dare anyone to ask them why they won’t mention tin in the Q&A. I couldn't be bothered -I will exit at the first opportunity -better things out there than this dog.
You know why they won’t mention tin -because a prospector had to bring it to their attention and they have to admit they weren't on the ball. They advise no tin in historic analysis -and yet they have never used the right analytical method for coarse cassiterite -ever.
Wait until they HAVE to mention the tin potential which has a hundred times the potential to get this stock on investors radar screens than a gold resource that wont be mined for fifty years at the rate they conduct exploration.

ECR have nothing -like looking for a needle in a haystack - the Victorian goldfields over the last 50 years have been a graveyard for junior explorers. No comparison to Cobra.

Forget Prince Albert - it never was the focus.

None of you mention TIN - a commodity that is crucial to the semi conductor industry . The most critical of all commodities in new technologies. Management of Cobra reached out to answer my criticism of not alerting shareholders of the potential COBR has to leverage tin as well as gold and maybe copper.
I set it out and I challenge anyone to dispute the potential of tin within the COBR tenements. Stay tuned -tin is an important commodity in the future success or otherwise for Cobra. In my opinion more important than the gold potential. There are thousands of gold explorers but world wide no real standout high grade shallow open cut tin mines - none in Australia . And that is what is possible on the contacts of and within the Hiltaba intrusives in the Gawler Craton.

Tin is going ballistic and the board of Cobra point blank refuse to acknowledge the potential at Wudinna.
https://www.reuters.com/business/energy/china-ramps-up-tin-exports-rest-world-runs-dry-andy-home-2021-04-27/

Han**** is the Chairman of about five or six ASX listed companies. There is now way he can devote the time and energy we need to ensure the company is aggressively working in the best interests of shareholders. He needs to step aside and be replaced with an Executive Chairman as well as a new practical -entrepreneurial Managing Director -a mine finder with a track record of discoveries -not somebody fresh out of a consulting firm that has no practical exploration experience. The company should expand from Wudinna - it's just a one trick pony and that situation in this market is not a recipe to get on investors radar screens. If nothing is done we will just drift into oblivion -so much for the best gold stock listed on London !!

I have had enough -the clowns running COBR have to be removed.
I have pleaded with Han**** to embrace iron ore -and tin to give the company another project to no avail. Now we have a company with no direction -a MD who has no interest in the company's success or otherwise.
I have geologists on my iron ore projects and iron ore is going ballistic. I have three iron ore projects that would have COBR at 10p in a flash -but the company does not have to deal with me .Just get in to IRON ORE and give us all a break.
If there are major shareholders who want action let me know and lets put a rocket under management of Cobra Resources plc
https://www.bloomberg.com/news/articles/2021-04-27/global-steel-boom-builds-as-rampant-demand-overwhelms-supply?sref=B3F4vkZA

There is noone out there -not taking anything away from Craig Moultons track record or his qualifications but the fact is we have a crisis in the availability of skilled personnel. A drovers dog could get a job in this market.

Presentation by Greg Han**** standard stuff -as expected with any exploration program for gold - stay focused fellas with luck we will prove up a larger resource. And you didn't have to be Einstein to know that Craig Moulton has been offered a more attractive package -my bet a battery metals play that are attracting significant capital investments.
But Cobra is still a one trick pony -just one of hundreds of gold aspirants who have yet to prove their project has a resource to support a producing mine. NOW is the time to make some important changes - hire an entrepreneurial hands on mine finder - add significantly to the suite of projects and last but not least start recognising that Cobra is positioned in a highly prospective tin province and get off their butt and not only do some serious research but get someone in the field to identify the geological settings in the Hiltaba Granites that are prospective for tin. Still no mention by Han**** of this opportunity with tin now in crisis mode. Stay tuned -I wont be silent -and I will make you a bet -tin will fire up the Cobra share price more than platitudes about what gold resources may be discovered or what IOCG targets may exist which is a million to one anyway. Stay tuned.

Richy If you want a comparison check out Ausgold http://www.ausgoldlimited.com/site/content/
Resources of 1.2 million ozs - market cap $65 million so presumably if Cobra had that sort of resource proven we would be trading at 8p. But one problem -that will take a few years -I got on board AUC at about 1.4 c and bailed out about 5 c for the simple reason I figured in this market I might have a long beard before the share price took off again even though they have a magnificient project. Now that is not to say Cobra walks away from Wudinna but what it is saying we need an entrepreneur on board - we need to ramp up our other mineral potential but importantly we desperately need some additional projects that will attract investor attention. I rest my case -

And why no mention of tin. Check the tin price -check out Myanmar and the affect that is having on tin supply to China -check out the massive investment in semi conductor plants internationally and guess what -tin holds all those circuit boards together. The geology at Wudinna is highly prospective for tin - potentially very high grade and open pittable -that's BIG NEWS and nary a mention . Then if we do have polymetallic settings a little bit of press on silver wouldn't go astray -after all the stunning grades at Paris are not far away in the Gawler Craton.

Hi Richy Slight distraction. No idea what resources may be discovered - I would prefer to see several million oz and given gold is in a bear market no idea of valuation. AGS was going great guns -as were so many gold stocks and now in the doldrums with much higher grade.
I repeat Cobra needs an aggressive marketing oriented CEO but more importantly it needs to get on the front foot and add one or several new projects -raise $5-10 million as some companies are still doing irrespective of the market climate and create some excitement. Wudinna might have great potential but now is the time to either become involved in an exciting new gold province and /or add an iron ore or battery metals play. Check out Bloomberg today -I just cant believe the billions and billions being thrown at the electrification story in Europe let alone elsewhere on the planet. Cobra needs to join the party.

Hi Richy There are probably a hundred ASX explorers chasing the next big IOCG discovery like Olympic Dam or Carrapateena or Oak Dam but how many are going to get lucky. Why I am board ICG -but that's a real punt with some incredibly tangible evidence. Cobra has some interesting targets but study the history of these discoveries - its a long hard road and very long odds. Cohiba right next to Oak Dam -in with a big chance -generated much excitement and share price activity but the drill results did not deliver -and that in an area of very high prospectivity.
Focus on the gold - that's realistic but no guarantees -More later - have a problem here .

No mate - I have had the Orion 10 nick since Adam was a boy ! Am a tennis player but not a runner.

Hi Bitcoin Firstly Cobra - great project but will take time -how long always the question - depends on drill results . Forget the copper project - wont fly.
My recommendation with Cobra focus on the gold and tin - and with the sniffs of copper /silver along with the stunning silver grades reported at Paris to the north maybe polymetallic potential -- maybe IOCG - but don't hold your breath.
Clarke looks interesting but where are the cross sections -maybe I have missed so busy ? Cross sections are vital in trying to assess how it all hangs together -and thus far despite some high grade its not brilliant in terms of ore disposition.
Forget ECR -like looking for a needle in a haystack . Huge amounts of exploration dollars invested in Victoria over the last ten years trying to emulate Fosterville -lots of hype - on all that pristine farmland -- but where are the new mines. Focus on WA -we discover and develop gold mines with certainty and in rapid times frames -like Bibra at Karlawinda.
The Lachlan Fold is great but you need a lot of luck - pass.
I am accumulating ICG - very exciting -now my top stock . But do your own research.
Pegging your own ground of course is the way to make money . Our vendor consideration with PGD now worth about $2.5 million -wont tell you how much to peg the ground :-) I am now looking at large Exploration Licences for tin in the Gawler Craton . Tin is going ballistic -the world has run out of tin -- so fast forward a new tin IPO --
Just sold some more areas to THR - And a deal with TKM - by acquiring your own areas at minimal cost you control your own destiny. Why Mark Creasy is a billionaire -
But I am not here to push my own barrow - I want to see some real action with Cobra and as good as Wudinna might be longer term the company really needs to not only fast track that project- get the story out on the tin potential - but most importantly add another exciting gold project to hedge our bets. Like ICG with an exciting copper project in Peru but a more exciting project at Frewena in the NT. You don't want projects all over the globe -but a company should never be just a one trick pony like Cobra -we should have been on the front foot a year ago.
Exploration is a risky game and you need several irons in the fire. And you have to sell the story . Cheers mate

And I don't go on boards anymore - but never say never. I have my developers in Jersey running the ruler over my idea to set up a metals trading platform with blockchain and De Fi - crypto/token payment -same is happening with trading agricultural commodities. Maybe disrupt LME :-) Look at tin -in a crisis and it holds all the bits together in circuit boards. But nary a mention of the huge tin potential at Wudinna !

Biotcoin Check out the CMM quarterly report yesterday. What is always helpful is having a producing gold mine adjacent to your project. Now maybe AGS will have a little CIL plant near Wudinna soon but it doesn't create a level of excitement that somewhere like Karlawinda will do for a company . One BIG mine about to commence production -how many more in the same geology.

Bitcoin I pegged all the ground in Redstone Metals my private company - and with associate companies North West Iron (NWI) and Territory Prospecting . I brought George Merhi on board in the early stages and he is a major shareholder in PGD. I also brought Karratha Earthmoving on board who are partners in NWI and our extensive iron ore interests. All our shares are escrowed for 2 years . I am nigh on 84 so I sold off a lot of my equity in the tenements and to my partners for cash - for the simple reason I will be 85 + when the vendor shares come out of escrow.
But hey buddy I have six more highly prospective tenements at Karlawinda and Prairie Downs - one of which of 80 sq km close to the new Bibra gold mine where CMM has gold anomalies up to most of my boundaries.
I have suggested to Cobra they look seriously at expanding from Wudinna to also embrace a gold /iron ore project in WA. If COBR took on Sylvania despite gold being in a bear market -given the level of excitement with CMM and PGD - we could probably raise $10 million. Then instead of being a one trick pony in Sth Aust. we would be on investors radar screens in the hottest new emerging gold province in this country.

We listed PGD yesterday with seven grass roots areas I personally pegged at Prairie Downs -and the share price up 50% from the issue price of 20c to 29.5 c today . In this market :-) I told Craig a long time ago Wudinna is great -(after all I pounced on it when Greg Han**** brought it to the board) - but I recommended COBR add another exciting project in Western Australia as South Australia despite is potential does not have the same allure as WA. Craig is a top guy but we need a 'mine finder' and a 'promoter'. not just a technical guy. I wait and wonder who is now going to drive the ship ! Lets hope a hands on mine finder.