Share Name Share Symbol Market Type Share ISIN Share Description
Cobra Resources Plc LSE:COBR London Ordinary Share GB00BGJW5255 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.28 11.57% 2.70 7,207,240 16:35:20
Bid Price Offer Price High Price Low Price Open Price
2.30 2.40 2.65 2.35 2.60
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 8
Last Trade Time Trade Type Trade Size Trade Price Currency
16:35:20 O 500,000 2.40 GBX

Cobra Resources (COBR) Latest News (3)

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Date Time Title Posts
03/12/202013:04Cobra Resources395

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Cobra Resources (COBR) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2020-12-03 17:24:512.40500,00012,000.00O
2020-12-03 17:15:002.491,000,00024,900.00O
2020-12-03 16:35:202.701002.70UT
2020-12-03 16:27:402.4050,3311,207.94O
2020-12-03 16:27:382.4020,234485.62O
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Cobra Resources (COBR) Top Chat Posts

Cobra Resources Daily Update: Cobra Resources Plc is listed in the General Financial sector of the London Stock Exchange with ticker COBR. The last closing price for Cobra Resources was 2.42p.
Cobra Resources Plc has a 4 week average price of 2.30p and a 12 week average price of 2.10p.
The 1 year high share price is 3.75p while the 1 year low share price is currently 0.68p.
There are currently 281,125,617 shares in issue and the average daily traded volume is 6,300,926 shares. The market capitalisation of Cobra Resources Plc is £7,590,391.66.
wassapper: Very good results. If this were better known and followed by the crowd we would be at least 3 x higher in price than now. Plenty more results to come to build the story.
wrtmf: thank you for adding gold price no quote for 5.3k buy just now [while offer 2.4], have left a limit buy at below 2.5 this heading down whilst gold going up the last day or 2 [up 50-60 points], has given me the confidence to try and top up 1 more time... 2.45p, order filled
novicetrade68: Looks like MMs are treating this like an AIM share, 8% drop on 800k volume pfff
wrtmf: i hope this is of use to those asking about funding of future work, Eyre Peninsula Gold Project Joint Venture Terms The principal terms of the Eyre Peninsula Gold Project Joint Venture between Andromeda Metals and Cobra Resources which was executed on 31 October 2017 are as follows: Cobra will sole fund $2.1 million within 3 years of execution to earn a 50% equity position (Stage 1 earn-in); at the end of Stage 1, a joint venture can be formed, or alternatively Cobra can spend a further $1.65 million over a further 2 years (total funding of $3.75 million over 5 years) to earn a 65% equity interest (Stage 2 earn-in); at the end of Stage 2, a joint venture can be formed, or alternatively Cobra cab spend a further $1.25 million over a further 12 months (total funding of $5.0 million over 6 years) to earn a 75% equity interest (Stage 3 earn-in); once a joint venture is formed, the parties will contribute to further expenditure in accordance with their respective equity, or dilute using a standard dilution procedure; should a party's equity fall below 5%, its equity will be compulsorily acquired by the other party at a price to be negotiated in good faith, or failed agreement, at a price determined by an independent valuer; Cobra must meet requisite statutory expenditure requirements to keep the project tenements in good standing; Cobra will act as manager during the farm-in and thereafter while ever it holds at least 50% equity.
novicetrade68: And more warrants sigh...
novicetrade68: Nice to see some new shareholders :
enter: Drilling at Baggy Green, Baggy Green North and Clarke completed. Samples are being sent in batches and initial results could be available any day. Expectations on the share price is a difficult one to answer. If results are good then COBR looks very cheap in my opinion.
wrtmf: can someone plse clarify the tvr jump from 191m on 20oct to 276m today thanks in advance
readdin: 61, Hope so, its a fingers crossed type of share, I'm going for Friday Rns!
easwarareddy: 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"
Cobra Resources share price data is direct from the London Stock Exchange
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