Skip to Content

‘The opportunity value is huge’ – Cobra Resources’ Craig Moulton on his plans to create value as firm prepares development of maiden assets (COBR)

After listing as a cash shell in November, Cobra Resources (LSE:COBR) unveiled the first major step in its plans to take advantage of a decade-long lack of natural resources development projects investment in March. The business acquired the rights to a $5m farm-in over a highly prospective gold project called Wudinna, that already has a JORC compliant resource, which the management believe can be built on substantially and has the potential to develop into a multi-million-ounce gold operation. It also has complete ownership of an underexplored copper mine called Prince Alfred. With Cobra gearing up for major work programmes at both of the South Australia-based assets, we asked new MD Craig Moulton why he thinks investors should get on at the ground floor when the firm resumes trading.

Under-valued opportunities

Cobra Resources is an exploration and mining company formed to take advantage of a significant lack of investment in natural resources development projects over the last decade. The firm believes weak market conditions have given rise to many opportunities to buy undervalued and advanced assets that are currently orphaned because of their operators’ restricted capital. The organisation will only approach an opportunity if it believes it is attractively valued and can be developed into a sustainable operation through the application of disciplined and structured exploration and analysis.

Backing up these ambitious goals is Cobra’s strong commercial and technical management team who collectively boast more than 100 years of experience in the natural resources sector….

This article was originally published on our sister site MiningMaven.com, to read it in full please click here…

Valuethemarkets.com and Dynamic Investor Relations Ltd are not responsible for the content or accuracy of this article.  News and research are not recommendations to deal, and investments may fall in value so that you could lose some or all of your investment. Past performance is not an indicator of future performance.

  • Daniel Flynn does not hold any position in the stock(s) and/or financial instrument(s) mentioned in the piece.
  • Daniel Flynn has not been paid to produce this piece by the company or companies mentioned above.
  • Dynamic Investor Relations Ltd, the owner of ValueTheMarkets.com, has not been paid for the production of this piece by the company or companies mentioned above.

Related Articles

Headlines

teathers app screenshot

App Empowering Private Investors

Crowd Equity for Placings, IPOs and Live Market Blockbuilds, designed to give provate investors access to placements and Intial Public Offerings (IPOs), predominantly on the London Stock Exchange’s Alternative Investment Market (AIM).