Cobra Resources Share Discussion Threads

[easwarareddy] 06/5/2020 16:04

I suggest u look at lse.. more discussion there

[topnotch] 06/5/2020 12:26

Anyone have any idea or previous experience of what the warrants will do to the sp?

[easwarareddy] 06/5/2020 11:02

2.9 and 3.20 now

[topnotch] 06/5/2020 09:48

Hmmm, same story as yesterday

Bid 2.6 and offer 2.9 but a ton of buys going through well below offer

[easwarareddy] 06/5/2020 08:13

From charlie poster on lse......"For all those didn't see my post or all those that are new to this share welcome onboard, if all goes well we could be part of something special, recent interview with the companies Geologist suggests that our gold reserves could be several million oz of gold. With this in mind I done a few quick calculations, should give you a ruff idea of the potential here is all goes well. we could all make some serious money. COBR currently has 155m share in issue with a free float of 44.3m shares. I have previously pointed out free float held in public hands probaly reduces that down to 25-30% absolute maximum (likely 5-8% lower).Okay folks going forward factoring in buyout and bring JV partner in and covering costsMC of 10-15% of in ground resource1 million OZ is currently $1765 I calculated costs at $765That leaves $1k per oz even if we only retained 60% of the company the rest was offset for drilling and JV partnerThat leaves us $600 per oz or approx £500 per oz500 x 1 oz = £500m very easy maths from here (MC this morning is ruffly 5m so divide 5 by the below current MC then times the current SP)1m oz - £500m (MC at 10% & 15% £50-75m)2m oz - £1billion (MC at 10% & 15% £100-150m)3m oz - £1.5billion (MC at 10% & 15% £150-225m)4m oz - £2 billion (MC at 10% & 15% £200-300m)5m oz - £2.5 billion (MC at 10% & 15% £250-375m)6m oz - £3 billion (MC at 10% & 15% £300-450m)7m oz - £3.5 billion (MC at 10% & 15% £350-525m)Buy Out1m oz - £500 million (MC at 5% & 7% £25-35m)2m oz - £1billion (MC at 5% & 7% £50-70m)3m oz - £1.5billion (MC at 5% & 7% £75-105m)4m oz - £2 billion (MC at 5% & 7% £100-140m)5m oz - £2.5 billion (MC at 5% & 7% £125-175m)6m oz - £3 billion (MC at 5% & 7% £150-210m)7m oz - £3.5 billion (MC at 5% & 7% £175-245m)Before anyone says thats just a pipe-dream and its impossible, it is possible but it doesn't come around often, the last time I seen anything like this was VGM I sold at 0.9p and seen it in the paper 6 months later Chinese buy out £3.58p per share. One of my biggest share buying and selling mistakes looks like history is going to repeat its self we just need the grades, we have 654 gold samples due yesterday so can fall any time............................. your can see how quickly this share moves on sentiment watch how quickly it will move on massive in ground gold resource.By the way currently working in Iraq so pop in and out of the BB when I am back in the office will not be selling any time soon - GLA"

[easwarareddy] 05/5/2020 22:37

From poster charlie on lse board......."Charlie is here .........Busy at work trying to introduce gas into the plant No worries here this is showing how fast it can move we should flush a few profit takers out and see a few tree shakes true value will be seen on the RNS. SP in my opinion should be 3.5p on current resources. Check my posting history out for calculations 7 million oz could be worth in excess of £5 per share if bought outright could be £3-£3.50 ps DYOR good luck........ holding long so not really interested watching all day know where it is going so will just be dropping in and out when I can GL guys"

[topnotch] 05/5/2020 21:13

easwarareddy >> should have stated that it sat at 2.9 offer while a large number of chucky buys were going through below offer - TBF the bid was 2.3p at the time

[easwarareddy] 05/5/2020 18:29

U must be looking at this morning's trades. The last buy was 3.30 top end of bid price and rest were 3.29. Expect strong opening tomorrow and if there's an rns... launch of share price beyond 8p

[topnotch] 05/5/2020 13:57

Hmmmm, lots of buys going through below offer - is there a seller in the background?

[easwarareddy] 05/5/2020 11:05

figures for good assys 10-15p and positive drilling for me will see this pass 30p.

[easwarareddy] 05/5/2020 09:51

Read lse board... 20p could be passed.

[easwarareddy] 05/5/2020 08:52

Should be 6 to 8p minimum by Friday if not double digits

[gooner1886] 04/5/2020 19:30

Iamgreat you must be skint by now bud, seen all the shares youve been bashing if you are shorting, its back to mummys spare room for you. Shame dole offices are closed

[easwarareddy] 04/5/2020 15:52

Ticking back up again! Double digits on Friday

[easwarareddy] 04/5/2020 12:12

Ah i notice you've appeared. U trying to short it?

[easwarareddy] 04/5/2020 09:40

Should pass 3p today. Momentum building l2 very strong. Hardly any free float

[easwarareddy] 04/5/2020 09:39

Many thinking 6 to 8p Friday

[cl0ckw0rk0range] 04/5/2020 09:34

5p easy here leaky leaky

[easwarareddy] 04/5/2020 09:11

Beginning its next climb. Nt to buy

[easwarareddy] 04/5/2020 08:44

Possibly.... u know how these things work

[gooner1886] 04/5/2020 08:41

Leaky leaky?

[easwarareddy] 04/5/2020 08:41

5p could hit here easily. Wouldn't be suprised if we hit 3p today