Member Info for PaulFG

Don't know when this interview was conducted - early morning, late evening - but HAA body language and tone is a tad more considered. Could be reading more into it than is necessary.

Https://www.youtube.com/watch?v=y92Pn5WhW2U

Am I reading this correctly - another month, again?

"Signing of definitive Project documentation to start this month, with full Project financial close expected in September 2025, triggering full Project development"

Https://theoregongroup.com/commodities/rare-earths/china-tightens-rare-earth-exports-as-us-claims-talks-are-about-half-way-there/

Chinese have a stranglehold on Graphite Processing not production.

Agree it seems to have found a bottom, at least for now (that's all you can really ever say with these stocks), possibility it could dip as some retail sell in August to raise Holiday funds, given August activity could push SP on relatively small volumes. But going into Sept through to Q4 I'd expect continuing/increasing support.

Aug 14th update might provide some additional support, or otherwise, depending on how it's perceived by remaining Aug market participants.

Remember that independent analyst chap that did an in-depth deep dive into Cobra's assets and potential in the REE space?

It would be great if he returned in Sept/Oct for an update given all the work the COBR team have carried out.

Rupert up early to deliver an explanation video .

https://www.linkedin.com/posts/cobraplc_australia-mining-rareearths-activity-7358017772322181122-SvJf?utm_source=share&utm_medium=member_desktop&rcm=ACoAAAFjDQUBcyQslxPF6czsQpKxiYwHes-bKyw

As Rick Rule says...he loves to buy something when it's hated...

Certainly upbeat, potentially economically enhancing to the project overall. I note this announcement is heavily underpinned by 'derived analysis' but the results at this stage compared to that stage at Boland compare favourably, nay almost more favourably, so I look forward to COBRA carrying out their own drilling program to confirm the possibility.

Nice Monday morning note though...I'll take it.

Https://youtu.be/T8UAGNGa6ac?si=hTZynUdJ11MKT-c9

https://youtu.be/e_IZDqNDXAw?si=GF8xoo2L0ojq72wI

Listening to these interviews, connecting to the point Mike made recently about selling the project, you hear the points he's making around:

- diversity of high-value, high-margin western offtakes - increases profit, decreases concentration & jurisdiction risks

- difficulty is to sell Graphite, rather than ramping production

- ambition to get to 50k mt annual sales (largely with high-margin western off-takers)

- he can't think of another company selling 50k mt pa - don't hold me to that but that's how I read/heard it, or maybe they are very rare

Ontop of all the other stuff going on, you can see how they're setting-up a real quality outfit ready for a sale.

In and of itself it's a great announcement, but for me beyond that it lends a level of confidence/belief in what the BRES guys are saying they're going to deliver and in the stated timelines.

I know this confidence was severely dented by the continued delay of DFS signposted last year.

For me, they've learned the lesson and are delivering what 'n when they say they will.

So I've high -confidence in front-end Q4 delivery of DFS.

What is this evil warrant thing?

never seen it before anywhere, in any other company?

definitely something shady going on in BRES?

doubtless aligned with evil, conniving BREWS mgt team - it's so typical of their antics!

COME ONE if you're going to attempt a deramp at least try to be intelligent with it.

Looks like I'm going to have a raft of green boxes on the BRES threads going forward.

Likewise, just listened to it. very upbeat, sounds like lots of news coming up and out in next few months. Hopefully will support and raise the SP into DFS publication.

If Mike is saying front end of Q4 then I'm thinking before mid-November for DFS.

Also got the impression more than previously that they'll be looking to invite takeover at least by the end of Phase 1 production - possibly as the start the build for the processing plant.

Things could happen quickly from September.

Should have said PFS of course, I'm too used to talking about DFS in other companies - would that the DFS was only a year away here!

Unfortunately, barring a US listing announcement, I don't think the share price is going anywhere fast here. The disappointing realisation that the Advanced DFS is going to take longer - I'm now estimating it's probably a year away given the workstreams they've announced that they'll want to include in it - is going to sink in. The US grant is deployed so there's no more endless hype around that.

I know we will have lots of test results etc coming out - but we've had two years of that and the market may become a little nonplussed about them.

I don't expect the SP to fall away, unless people decide to move on temporarily with a view to returning in Q1 2026 which is the earliest I'd expect any further movement on the US listing news.

It's also clear there's going to be no progress made on Golconda or Garfield.

Looks like Archer agrees with my gut feeling that the PFS will be delayed. Like into H1 2026. Disappointed but I knew something was up when OF wouldn't give indications everytime the subject of the PFS came up.

I mean the tweet is just a repeat of what Mike said. But yes, perhaps they're trying to give a heads-up, then again given more testing was required, and that takes time, it could just be a reminder to the market that they're in the process.

I have one last potential small top-up left before I reach my 1% self-imposed ceiling limit. I was hoping to add below the 4p. Perhaps the August doldrums combined with some retail selling for their summer vacations 'might' deliver the opportunity.

Https://www.youtube.com/watch?v=pWl9wpZIimM

This time OF on his own, so ya' know pretty long answers often repetitive. He does know he can just say the US rather than the United States of America? Maybe it's a Canadian thing.

Repeats the ambition to seek a senior US listing as soon as possible - that would be expensive but the potential rewards are definitely worth it.