South Australia copper-gold focus for Cobra

After listing on the London Stock Exchange as a shell to go hunting for likely exploration prospects and landing on projects in South Australia’s Gawler Craton and Flinders Ranges, Cobra Resources resumed trading late last week having concluded a £613,330 (A$1.15 million) raising.

London-listed Cobra Resources is looking over some old areas in South Australia’s Gawler Craton and Flinders Ranges

21 January 2020
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Shares in the minnow, which had not traded since March 2019, two months after its initial float, were up 4% to 1.3p, having peaked at 1.5p, well above the 1p placement level.

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