Cobra Resources Share Discussion Threads

[topnotch] 12/5/2020 08:21

Wow!!

6M shares bought @ 3p in four traches on opening....

[easwarareddy] 12/5/2020 07:51

You've nothing better to do i see.

[divmad] 12/5/2020 06:42

Yep. The P&D starts here.

[shujja1] 11/5/2020 15:13

All the ducks have been lined up for news now.

placingdone .

Warrants explained and cleared.


Good good news tomorrow morning

[easwarareddy] 11/5/2020 10:01

Copied from lse board charlies post.MC 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 share price – 3p I then factored this by 60% for the 100m shares warrants, why it may not be 100% accurate it gives you an idea)1m oz - £500m (MC at 10% & 15% £50-75m) 30 – 45p / 60% -16.75% = 14.98p – 22.4p(x6.24 – x9.3 current value of holding @ 2.4p)2m oz - £1billion (MC at 10% & 15% £100-150m) 60p – 90p / 60% - 16.75% = 29.97p - 44.95p(x12.4 – x18.7 current value of holding @ 2.4p)3m oz - £1.5billion (MC at 10% & 15% £150-225m) 90p - £1.35 / 60% -16.75% = 44.9p – 67.4p(x18.7 - x 28 current value of holding @ 2.4p)4m oz - £2 billion (MC at 10% & 15% £200-300m) £1.20 - £1.80 / 60% - 16.75% = 59.94p – 89.9p(x24.97 – x37.46 current value of holding @ 2.4p)5m oz - £2.5 billion (MC at 10% & 15% £250-375m) £1.50 - £225 / 60% - 16.75% = 74.9p - £1.12(x31.25 – x46.8 current value of holding @ 2.4p)6m oz - £3 billion (MC at 10% & 15% £300-450m) £1.80 - £2.70 / 60% - 16.75% = 89.91p - £1.35(x37.4 – x56.19 current value of holding @ 2.4p)7m oz - £3.5 billion (MC at 10% & 15% £350-525m) £2.10 - £3.15 / 60% = £1.05 - £1.57(x43.75 – x65.5 current value of holding @ 2.4p)Buy Out1m oz - £500 million (MC at 5% & 7% £25-35m) 15p – 21p / 60% - 16.75% = 7.5p – 10.5p(x3.12 – x4.37 current value of holding)2m oz - £1billion (MC at 5% & 7% £50-70m) 30p – 42 p / 60% - 16.75% = 14.98p – 20.97p(x6.23 – x8.73 current value of holding @ 2.4p)3m oz - £1.5billion (MC at 5% & 7% £75-105m) 45p – 63p / 60% - 16.75% = 22.47p – 31.46p(x9.47 – x13.1 current value of holding @ 2.4p)4m oz - £2 billion (MC at 5% & 7% £100-140m) 60p – 84p / 60% - 16.75% = 29.97p – 41.95p(x12.4 – x17.47 current value of holding @ 2.4p)5m oz - £2.5 billion (MC at 5% & 7% £125-175m) 75p - £1.05 / 60% - 16.75%= 37.46p – 52.44p(x15.6 – x21.85 current value of holding @ 2.4p)6m oz - £3 billion (MC at 5% & 7% £150-210m) 90p – 1.26 / 60% - 16.75% = 44.95p – 62.9p(x18.72 – x26.2 current value of holding)7m oz - £3.5 billion (MC at 5% & 7% £175-245m) £1.05 - £1.37 / 60% - 16.75% = 52.44p – 68.43p(x21.85 – x28.47)I factored in 100m warrents and 60% ownership without these you could double or treble those buy out figures

[easwarareddy] 07/5/2020 15:13

What are you doing here then? Not invested... but lingering around like a bad smell.

[aquilla] 07/5/2020 14:24

Lukic is another one with nothing much between the ears.
If he thinks about it, anyone who bought today as a result of easwarareddy's ramping on multiple threads would have lost money.

[cl0ckw0rk0range] 07/5/2020 13:57

Naughty letting mates in on a placing ahead of news..

[the stigologist] 07/5/2020 13:09

wah wah waah

Stockport Loser 4 May '20 - 07:01 - 166 of 207

ignore Stig, hes been busy tea bagging Myles over at Avct.

[easwarareddy] 07/5/2020 12:48

Only idiot that seems to have missed out is jailbird.

[easwarareddy] 07/5/2020 12:48

Look at how fast its been swallowed up. Back to blue soon

[milliecusto] 07/5/2020 12:47

Better funded now and let's get the gold discovered

[jailbird] 07/5/2020 12:38

As I said 20p... lol

[topnotch] 07/5/2020 12:35

Woah - RNS was unexpected but nice recovery!!!!

[easwarareddy] 07/5/2020 11:57

Well said!!

[milliecusto] 07/5/2020 11:23

Could be similar to ggp or a pxc play, starting to prove resources in the ground, this is when the real money is made, interesting company and the Bod seemed excited on a particular area, market cap £5.5m so plenty of upside even in the short term

[lukic] 07/5/2020 11:10

I could have sworn that buying shares was about making money. A month ago this was less than a penny and it has gone up consistently since then to 3.5p. Who knows if it will go higher or now drop. But if you'd bought at 1p and sold today you'd have done very nicely. But instead you choose to whinge about a ramper. If you aren't interested in this share (which you obviously aren't) then go away get a life

[aquilla] 07/5/2020 10:53

Easwarareddy first posted here on the 4th May. Knows nothing about the company. Another of the pump and dump brigade.

[easwarareddy] 07/5/2020 10:36

News out soon should see us pass 20p

[jailbird] 07/5/2020 10:20

I see you are ramping this on other boards It is still drilling and very long time from construction or production It will be volatile for some time because of drilling results and find raises Project still needs to be derisked

[easwarareddy] 07/5/2020 10:05

Looks like 4p easily today

[shujja1] 07/5/2020 09:47

3.47 paid.

[lukic] 07/5/2020 08:47

Lovely sea of blue so far today ;-)

[easwarareddy] 07/5/2020 08:07

Charlie poster on lse "How many multiples of you holding value could you expectToday 05:23For 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 costs (also the 100m warrants factored in @ 60%) MC 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 share price – 3p I then factored this by 60% for the 100m shares warrants, why it may not be 100% accurate it gives you an idea)1m oz - £500m (MC at 10% & 15% £50-75m) 30 – 45p / 60% = 18p - 27p (x6 – x9 current value of holding) 2m oz - £1billion (MC at 10% & 15% £100-150m) 60p – 90p / 60% = 36p - 54p (x12 – x18 current value of holding)3m oz - £1.5billion (MC at 10% & 15% £150-225m) 90p - £1.35 / 60% = 54p - 81p (x18 - x27 current value of holding)4m oz - £2 billion (MC at 10% & 15% £200-300m) £1.20 - £1.80 / 60% = 72p - £1.08 (x24 – x36 current value of holding)5m oz - £2.5 billion (MC at 10% & 15% £250-375m) £1.50 - £225 / 60% = 90p - £1.35 (x30 – x45 current value of holding) 6m oz - £3 billion (MC at 10% & 15% £300-450m) £1.80 - £2.70 / 60% = £1.08 - £1.62 (x36 – x54 current value of holding)7m oz - £3.5 billion (MC at 10% & 15% £350-525m) £2.10 - £3.15 / 60% = £1.26 - £1.89 (x42 – x63 current value of holding)Buy Out1m oz - £500 million (MC at 5% & 7% £25-35m) 15p – 21p / 60% = 9p – 12.6p (x3 – x4.2 current value of holding)2m oz - £1billion (MC at 5% & 7% £50-70m) 30p – 42 p / 60% = 18p – 25.2p (x6 – x8.4 current value of holding)3m oz - £1.5billion (MC at 5% & 7% £75-105m) 45p – 63p / 60% = 27p - 37.8p (x9 – x12.6 current value of holding)4m oz - £2 billion (MC at 5% & 7% £100-140m) 60p – 84p / 60% = 36p – 50.4p (x12 – x16.8 current value of holding)5m oz - £2.5 billion (MC at 5% & 7% £125-175m) 75p - £1.05 / 60% = 45p – 63p (x15 – x21 current value of holding)6m oz - £3 billion (MC at 5% & 7% £150-210m) 90p – 1.26 / 60% = 54p – 75.6 (x18 – x25.2 current value of holding)7m oz - £3.5 billion (MC at 5% & 7% £175-245m) £1.05 - £1.37 / 60% = 63p – 82.2p(x21 – x27.4)So to make life simple times the value of your current by the multipleAbsolutely shredded those figures down 60% Ownership 60% of MC to allow for 100m warrants MC Value taken from 10 & 15 % in ground value Value based on $1760 per oz factoring in $760 for costs If we can achieve 3.5m oz I think £1 per share is easily achieved IMO"