Member Info for RockingHorse

Well just tuned in and caught up and my reaction mirrors an earlier post - wasn’t expecting that!

Initial mixed feelings on this, not thrilled with so much more dilution but at least it’s not around the 1-2p mark as previous warrants have been.

I’d assumed this would have happened after release of MREs in June anyway so unsure if timing is optimal but if it would happen anyway and that generates security and momentum on deliverables then so be it.

Like I said mixed feelings but would have had to happen anyway - be interesting to see how subscribed this will be with previous placings over subscribed and they have not struggled raising capital - copper play adds an additional dimension here to the REE and could be an interesting year ahead! GLA

Agreed, they need to keep the pedal to the metal with lots of news imminent. More copper assays due in the next week or two and don’t forget they extended the drilling following some exciting indicators when initially drilling.

They are currently undertaking definition drilling on the REE’s and more news in the near future for these.

Then there are 2 maiden scoping studies for these CU/REE drills think Q1 soon? Lots of news to come soon 👍

Cheers SWS - listening to all Rupert’s interviews it’s a consistent message with good further CU results being released soon - makes sense it’s Geopolitical headwinds!

What’s anyone’s thoughts with these last few days, warrant selling or potential lower CU grades?

SP Drop feels a little excessive…

MCAP closed over £50m today 👍

4.9p paid - fingers crossed for 5p 👍

Certainly looks that way SWS!

Shame as it’s been a well balanced board for sometime - anyone any thoughts on when the first copper results will be out?

Nice - well spotted 👍

Good to see some movement today - lots of news imminent 👍

GLA

Hear hear - merry Christmas all and fingers crossed for a transformational 2026!

Well the SP has me flummoxed (is that a word?)

Exceptional RNS has just landed and amazed this hasn’t started rising again. Are there still warrants in play?

After all the initial drilling, metallurgy, lab tests and now successful in field demonstration, there is so much risk gone this has got potential game changer written all over it - and that’s just REE, we have Copper/Manna Hill to come. Don’t know if it’s just the market waiting for the MRE but this will fly in the not too distant future.

Nice one Richy - thanks for forwarding that on!

Cheers Trombone - Couldn’t see it on the RNS so was unsure on timings.

Hi all, hope all is well! I’m trying to work out a likely timeframe for when a maiden MRE & Scoping Study is likely…

We had a programme identified in the November 24 RNS, however a lot has changed since then with additional REE tenements secured, & Manna Hill Copper on top!

Previous 2024 programme showed in field permeability study June to August 2025 which is amazing considering all the additional works we have secured we will only be a few months behind that, but there will be more drilling to firm up the increase REE and unsure when a likely MRE will be issued - Does anyone have any info for this?

Many Thanks

Ha good optimism indeed SWS but just shows how handy that Barton deal will end up for our cash flow.

More economical workings with the leaching and commencing trial on site - more good news.

I’m similar to SWS below - bought in initially around 2021 and was drawn into it by the IOCG targets. Have slowly built up a nice pot and averaged down during the lows to 1.65p.

I’ve been impressed with the management of Cobra, no sales pitching (although not a fan of that tiger by the tail comment) and prudent with expenditures, methodical with process and guess reflecting on the transition from gold to REE it was more betting on the jockey as opposed to the horse so to speak.

You doubt yourself sometimes, am I too biased in my beliefs, but I have to say really impressed and these last few months have exceeded my expectations - long may it continue! GLA

Imagine if one of those comes good 🙏

Anyways REEs first!

Similar to me Dart Frog - I’m holding a portion of shares back for if we ever drill those IOCGs in the future - GLA

RNS out - Wudinna sold and cash to keep on developing our resources!