COBRA RESOURCES PLC

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  Material uncertainty over going concern

  The Directors consider that it is reasonable to expect that additional funds will be raised as required and, accordingly, have prepared the financial statements on a going concern basis. However, there can be no certainty that such funding will be obtained on acceptable terms, or at all. These conditions indicate the existence of a material uncertainty that may cast significant doubt on the Group's and the Company's ability to continue as a going concern.

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  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

• ·

  Going-concern uncertainty disclosed

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers

Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. COBRA RESOURCES PLC 2018-07-17 → present
2. COBRA RESOURCES LIMITED 2018-01-25 → 2018-07-17

Accounting basis

IFRS

Reporting scope

Consolidated group

Auditor

PKF Littlejohn LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The Directors consider that it is reasonable to expect that additional funds will be raised as required and, accordingly, have prepared the financial statements on a going concern basis. However, there can be no certainty that such funding will be obtained on acceptable terms, or at all. These conditions indicate the existence of a material uncertainty that may cast significant doubt on the Group's and the Company's ability to continue as a going concern.”

Group structure

1. COBRA RESOURCES PLC · parent
   1. Lady Alice Mines Pty Ltd 100% · Australia · Mining
   2. Lady Alice Mines Unit Trust 100% · Australia · Mining
   3. LAM Wudinna Pty Ltd 100% · Australia · Mining
   4. Wudinna No 2 Pty Ltd 100% · Australia · Mining
   5. Manna Hill Mining Pty Ltd 100% · Australia · Mining

Significant events

• “On 14 January 2026, the Company announced the establishment of an employee benefit trust to support a proposed performance rights framework, including a proposal to issue 35,000,000 performance rights over five years (subject to final documentation).”
• “On 24 March 2026, the Company announced a proposed placing and subscription at 4.0 pence per share to raise up to £4.5 million, together with warrants (one warrant for every two fundraise shares) exercisable at 6.0 pence per share up to the second anniversary of Admission.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

16

last 12 months

Capital events

9

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.