Member Info for RichyRich1

I am a holder news and I’ve not had anything via my broker to vote on yet.

So when will shareholders get the chance to vote on this deal?

Does anyone else think we’re about to get an after hours anti-climatic RNS!!??

Hopefully not!

“The news will keep coming, with seven drill holes at Sunday Creek being processed and analysed, with three holes in progress.

With close to $8 million in cash, the company is fully funded and permitted to execute its exploration strategy.”

I’m sorry but other than being a neighbour what similarities does Red Rock have with SXG?

No drilling, no funding for project, no news etc etc!

If any of the above changes then yes there’s relevance but currently!?

News - the only fact that is currently relevant is RRR share price is 0.0525p and as far as investors are aware (as no other info has been provided by the company to say otherwise) Red Rock is running on fumes and needs to raise cash one way or another very very soon!

Neighbours holdings/tenements etc currently totally irrelevant to Red Rock as unless Red Rock confirm some sort of deal/JV how the hell are they going to pay for any exploration on promising tenements they own?

Hope you’re all enjoying your weekend.

Bit of info that I’ve had confirmed on the outstanding warrants.

At present, the company has 100,062,000 warrants on issue at an exercise price of 2 pence, and 49,613,334 warrants on issue at an exercise price of 3 pence.

If they can get the price past 3p this year and all warrants are taken up imagine what Cobra could do with over £3m in the bank!!

SP holding up well and looks like there’s some difficulty buying any reasonable amount of shares given the constant late reported buys/sells!?

I’ve been looking over the investment opportunity that Cobra highlighted in most recent presentation that shows Meteoric Resources market value increase over a 16 month period.

They announced a maiden MRE of 409Mt @ 2,626ppm and their SP pretty much took off thereafter peeking one month after to A$500m market cap.

So…..

What’s everyone’s expectations of Bolands MRE?

I’d be very very surprised if we got even a 1/4 of that so maybe 100Mt @ ????ppm but I’m just plucking figures out of the air.

I don’t think our grade will be anything like Meteoric but ISR should help us a “grade is not king” as stated in the presentation.

I’m just trying to get a grasp of the realistic potential here because all being equal if our results were similar to Meteoric Resources performance their market cap increased from around A$20m in December 2022 to A$500m in June 2023 so x25 market cap in just over 6 months!

Surely that can’t happen with Cobra!?

1.3p x 25 = 32p with market cap of £225,000,000!?

Surely not!?

Morning, does anyone know the total amount of warrants outstanding and at what price?

Thanks in advance.

Thanks for taking the time to update us Lord Chaos and also for asking my questions.

Interesting, so all going to plan we should be producing by mid 2026?

Two years is not a very long time but the world we’ll be living in by then I’d imagine will be a lot different to now.

Pretty confident the demand for rare earths will only increase so fingers crossed Cobra manage to pull off their plan.

Thanks again for the feedback.

40% in sticky hands then the PI’s on here that hold 1-3% each so maybe around 50% free float?

We only need roughly 375 people to buy 1 million shares each then there’s no shares left!

Can anyone going tomorrow please try find out what the worse case scenario is for developing Boland?

Not best case as that will never materialise so what’s the worst case, pilot study 2024/25, scoping study 2025, pre feasibility 2026, DFS 2027 then production same year?

Is their strategy to prove up Boland and the ISR capability then flog the asset or take to production?

I’d really love to know the 3-5 year plan rather than the next 6-9 months!

Thanks in advance.

Say Cobra have 1 billion shares in issue by end of 2025 then sell for £200m so 20p per share or is that way too optimistic!?

All depends on whether they can prove their ISR concept and it is scalable but if they can produce rare earths undercutting the Chinese then don’t see why the above is not feasible.

When will the market start to believe in the story though reflecting with sp growth rather than decrease then stagnation we’ve had to endure for the last 12-18 months!?

How about looking on Cobra website and through past RNS’s?

I think Trombones point might be you’re posting on a BB for a share you’re not even invested in?

Do you do the same with other shares you’re not invested in and in other industries, banking, mining, construction etc highlighting each shares competitors to other share holders on that BB?

Of course you’re perfectly entitled to post here just seems a bit odd and pointless when you’re not even invested.

Why do you care unless you’ve got nothing better to do with your time?

That’s the spirit Maidit, cocoon yourself in your own echo bubble and all will be fine!

I’ve been invested here for 9 months now and all I’ve experienced is unfulfilled promises and issue after issue after issue that each time has never generated anything positive other than cover operating costs which has mainly been directors salaries!!

How you can stay positive is beyond me. You should be calling for AB to do the honourable thing and step down from his position as he’s obviously not capable of generating share holder value running Red Rock Resources!

Seen as you seem to know everything there is to know about Red Rock Helpful obviously you knew this placing was coming yet for days leading up to it you have the audacity to keep posting here leading up to the placing?!

Disgraceful!!

Care to disclose your holding in Red Rock Maidit?

I remember News from when I held shares in SolGold. Check my posting history and you’ll be able to work out roughly when I sold out as I stopped posting on that board as I no longer hold shares in that company.

I only post on share BB’s that I hold shares in. You’ll see my other holding is in Cobra resources which is why I post there too!

Feel free to be open and transparent with your Red Rock holding to prove you have skin in the game?

Fair enough news. I do actually appreciate your posts as they are informative and relatively balanced/objective just surprises me your tenacity and posting frequency given how little shares you hold.

I’ve disclosed my holding in the past but just to confirm again I hold just over 2m shares in Red Rock currently massively down.

I’m sure there will be the rose tinted holders won’t believe that but hey ho that’s up to them.

For someone who holds a modest amount of Red Rock shares news you spend a LOT of time on this board!

It’s almost like you’re trying to drown out every other poster with totally unnecessary lengthy posts.

Why do you care about Red Rock so much?

Thanks for the article Trombone. I wonder what price Rupert has in mind to justify Cobra having re-rated as per Rupert’s comments?

Helpful, can you please let AB know the latest trend is granny trollies. Tell him to have a look on TikTok and tell him TDHOR, Chanel, Zara etc rolling (excuse the pun) out lots of new designs for Gen Z buyers.

Maybe he could speak to his Chinese contacts and get a good deal on manufacturing and production and have them launched by the end of next week to stay on trend!?

DYOR!!