Our latest Investing Matters Podcast episode with QuotedData's Edward Marten has just been released. Listen here.
Insider definition - a person within a group or organization, especially someone privy to information unavailable to others.
Nothing to worry about, according to one insider Red Rock is in a “good place”!
What a misleading buffoon!!
Given the numpties that have suddenly shown an interest in Cobra, Comeoverhere for the ramp and now RachT for the de-ramp it’s probably a sign that Cobra is now successfully getting its message out.
Whether long term investors will benefit from that success I’m not so sure unless willing to trade the news.
RachT…
Is Pensana rare earths contained within hard rock or clays?
Open pit mining or using ISR?
Is the deposit/operation within a politically stable country?
Environmentally friendly means of production with little environmental impact for extraction?
Potential province scale?
Do they have a gold resource?
Do they hold potential IOCG deposits within their tenements?
Hopefully Cobra can convince and prove to the market that their strategy can be as much of a game changer for rare earths as it was for uranium when producers starting to implement ISR tech for uranium production.
Time will tell!
Oh well, that rise didn’t last long!
Guess the market is not quite convinced of the project yet. Hopefully that will change over the next few months but given the ADVFN post there’s obviously disgruntled investors/non believers following Cobra!
Biggest hurdle Cobra need to cross is visibility. The interview has only been viewed by 58 people!
Not sure what it’s going to take for the re-rate that long term investors have been hoping for.
Don’t get me wrong, todays news is great but if there’s minimum news flow over the next few weeks those invested today will get bored, sell up having a drag on the SP.
12-18 months should be a different picture!!
Bet you’ll be gone by tomorrow (here’s hoping anyway).
Can you stop with the running commentary please Comeoverhere!!
Totally unnecessary and one of the nice things about being invested in Cobra was we didn’t have idiots like you trying to pump the share!!
Somethings going on with all these large trades question is, is it someone offloading or loading up!?
There will be but the $7.5m (or $10m or $430m) question is will the issue be resolved or another excuse/delay be given!?
Am I missing something here!?
I thought current strategy was to try to be cash generative by selling assets, signing JV’s, bringing projects to production asap?
POW news is the exact opposite of the strategy!!
Yet the trolls get blamed for SP performance!? Of course it’s nothing to do with a board of directors that continue to do the exact opposite of what they said they intend to do.
I’m sure Helpful will help put a positive spin on it!
Mostly agree with what you say News but with regards to SolGold….
“SolGold (LSE & TSX: SOLG) is pleased to announce the signing of a joint declaration with the Government of Ecuador in preparation for the execution of the Complementary Investment Protection Agreement ("IPA") for the Cascabel Project ("Project" or "Cascabel") in Ecuador”
Was the main reason for the rise today I’d imagine?
Apologies for off topic!
All sounds great Helpful. Let’s see what actually materialises.
Sorry Helpful but I’ll be taking your projected valuation of anything RRR does with a huge pinch of salt given the lithium debacle and how much you thought that was going to be worth to Red Rock.
Let’s see how much the market values RRR after licence renewal.
I’m guessing you’ve never signed a document electronically News!?
It’s really really easy. You can also print off a page, sign it, scan it and send it anywhere in the world!
The actual cost is irrelevant, again it’s in the optics. If the CEO of a cash strapped company gave an interview along the lines of “I made sure I could minimise any unnecessary expense by taking care of business digitally that saved the company £1,000’s in expenses” I would give him huge kudos!!
Blah blah blah blah etc etc.
Has he not heard of Zoom?
Not exactly sure why face to face meeting is needed to renew a licence but hey ho!?
Another great use of funds, fly to Kenya then back to London then back to DRC.
Let’s see what happens in 2 weeks time and whether he does actually fly to DRC or if another excuse will be rolled out for not having to do so!
Interviewer summed it up perfectly. Cobra not even on the radar never mind under the radar!
Hope you’re all well.
Given what Cobra have achieved to date what’s everyone’s opinion on current £6.67m market cap?
Over, under or just about right valuation?
Surprise surprise no update on DRC money. Now the resolutions have been passed, wonder how long before Barry will be summoned to another meeting!!
Not all investors have the good fortune of having access to extra information due to a close relationship with the CEO that allows them to be comfortable with their investment.
It’s difficult doing research when you’re being told one thing by the company yet they continually do the opposite of what they say they intend to do!