Cobre Limited (ASX: $CBE), headquartered in Australia, is a dynamic and innovative mining company that has garnered attention for its strategic focus on copper exploration and development projects. Yes, they care about the environment too, with a commitment to sustainability and responsible resource extraction, Cobre aims to contribute significantly to the global supply of copper, a crucial metal in various industries. 

Cobre uses the latest technologies and a skilled team to find and develop copper deposits responsibly. They focus on efficiency and taking care of the environment in their operations. With a commitment to doing things well and a forward-looking mindset, Cobre Limited is a significant player in Australia's mining sector and makes an important contribution to the global copper market.

But before going further into the company and its fundamentals let me tell you how analysts are expecting a 1000% in the short term.

How 1000% up potential?

Cobre Limited ($CBE) is a listed stock in ASX. Now look at the chart of the stock back in June 2022, there was some fundamental news in the company like “Cobre Finds Copper, Silver at Ngami Project in Botswana” and “Insider Trades: Directors are buying shares in Cobre” and what happened next was outstanding the stock moved around 1300% in 14 days and in that period an overall 3000%.

But, why we are telling you all these things of the past is because the market repeats itself. If you look at the chart the current price is taking major support from the same level of June 2022. What adds to all these is that the stock is trading above its long-term moving average of 200MA and of course look at those at volume spikes, they may be the signs of institutional buying.

We know only technicals don’t move stock, but some really good fundamental changes happening in the company, like the recent news “Cobre Successfully Completes A$4m Placement To Accelerate Exploration & Development Of The Company's Kalahari Copper Belt Projects In Botswana” and what’s interesting is that the Executive Chairman Martin C Holland poured his own $400k to this round. This shows how confident the promoter is in his company.

Major Projects of the Company

The following are the major projects of the company:

Kalahari Copper Belt (Botswana):

• Owns a large land package prospective for copper and silver.
• Focuses on the Ngami Copper Project and Kitlanya West Project.
• Identified potential for a large, moderate-grade copper deposit using in-situ copper recovery.

Western Australia:

• Owns Perrinvale and Sandiman projects.
• Perrinvale is prospective for gold, copper, zinc, silver, and cobalt.
• Sandman is prospective for base metals.

Gabon:

• Invests in Armada Exploration's Nyanga Project.
• Seeks magmatic nickel-copper sulphide deposits.

Key Points:

• Cobre is exploring copper deposits in Botswana, Western Australia, and Gabon.
• The Ngami Copper Project in Botswana has the potential for a large, in-situ recoverable copper deposit.
• Cobre has a well-funded and experienced team.

Who are the people behind the company?

Cobre is led by a team of experienced professionals with diverse backgrounds in mining exploration, corporate finance, and geology.

• Adam Wooldridge, the CEO, is a geophysicist and geologist with over 25 years of experience in exploration and project generation.
• Martin Holland, the Executive Chairman, is a mining executive with over a decade of experience in M&A and corporate finance. He has also listed five ASX-listed exploration companies.
• The board of directors also includes individuals with expertise in corporate finance, investment banking, and legal matters. This diverse team brings a wealth of knowledge and experience to Cobre, which is essential for the successful exploration and development of its mineral projects.

Bottom Line

What my fundamental and technical analysis says is that this company has what’s called the success formula = strong management + strong execution + strong diversification + strong collaboration. With leaders like Martin Holland who is pouring his own money, this stock could easily become the next multibagger.