Cobra announced the appointment of Rupert Verco as Chief Executive Officer with effect from 12 July 2021. Rupert is a mining specialist with over 14 years' experience in Australia and internationally focusing on areas including resource definition, reserve optimisation, mine planning, and mine operation. He has managed operations through all phases of the mining cycle on projects that cover a range of commodities including gold, copper, uranium, tin, and iron ore. Since 2018, Rupert has been a Technical Mining Specialist consultant with Xenco Mining Services in Australia. His prior experience includes Tarcoola Gold in South Australia where, as Mine Manager from 2016-2018, he negotiated mining approvals, executed project infrastructure, managed a mining operation, and defined and mined additional resources. As Surface Mining Supervisor at the Challenger Gold Mine in South Australia from 2015-2016, Rupert successfully managed the mining operations and executed all technical provisions for a satellite surface operation that added additional ounces to the mine's annual production. From 2012-2015, Rupert was Mining Superintendent of the Peculiar Knob mine in South Australia where he managed daily operations through operational start-up and ramp-up of a geologically and operationally complex iron ore mine. As previously announced, Craig Moulton will remain with the Company, until 16 September 2021, and will work with Rupert to ensure a smooth transition of executive responsibilities including for the ongoing work programme at Wudinna.