Condor Gold Share Discussion Threads

[dexdringle] 14/6/2022 20:26

Perhaps we should get the amazing Claris Benedicta to replace Mark Child?

Let's face it, she can't be any sodding worse (and she may eat fewer biscuits....)

[diggybee] 14/6/2022 17:25

Put on your hat. Shuffle your shoes. Look impassive.

[q2g] 14/6/2022 13:48

I feel good knowing that my charity case (CNR) is going to a good cause ie directors remuneration.

[highly geared] 14/6/2022 12:13

Only taken 12 years to get to this point. What’s another placing and months more of watching paint dry, between friends…..

[zangdook] 14/6/2022 10:14

He's probably got his hand stuck down the back of the sofa.

[oldiegoldie] 14/6/2022 10:07

You bloody derampers all!
888 enjoys a personal moment of silence this morning

[connect5] 14/6/2022 09:57

I'm almost immune to this debacle TBH with you.

[book5] 14/6/2022 09:54

All will be ok
Remember miners are kicking out miners, they must be smelling the money and future new land. Once cnr has the money the land swap could happen very fast.
This new money is for the FS , which in turns probably needs the cash to buy the coops land, rest of land is a walk in the park

[diggybee] 14/6/2022 09:37

Bang on dark stranger.

[vermilion1966] 14/6/2022 09:30

“During the first quarter, we continued to make significant progress on advancing the Feasibility Study for the La India open pit and associated mine site infrastructure . All technical studies undertaken at the Project level are complete. We are currently reviewing the metallurgical test work, geotechnical analysis and capital cost estimates.

Additionally, we received the results from the 8,004 m infill drill program at the fully permitted high-grade Mestiza open pit. Although not included in the scope of our forthcoming Feasibility Study, we expect Mestiza to provide an additional high-grade ore source for the La India mill.

Concurrently, we are finalizing our analysis of an updated Mineral Resource Estimate for La India Project, which is inclusive of a Mineral Reserve Estimate for the La India open pit. The geological model is consistent with our current best understanding. Lithologies, weathering and structures have been re-modelled from scratch with existing drilling, trenching and outcrops considered.

In summary, the La India open pit including the associated mine site infrastructure is essentially construction ready and materially de-risked. The plan is to add the two fully permitted high grade feeder pits of Mestiza and America to the mine plan during the construction phase. The Feasibility Study on La India open pit is almost complete, the formal announcement will probably take us into Q3. It will put the Company in a position to pursue various project financing alternatives, some of which have already been initiated.”

[quark3] 14/6/2022 09:24

Exactly my thoughts too. It does not add up. if he had said the money was for land purchase or the remaining amount due on the mill, I would believe it - even using it to pay running costs is legitimate - but NOT the FS that was due Q1!!

[vermilion1966] 14/6/2022 09:22

From under which stone has Halland appeared?

Halland7514 Jun '22 - 08:55 - 7991 of 7992 (Filtered)

[zangdook] 14/6/2022 09:17

Hold on

"The placement proceeds will be primarily used to complete a Feasibility Study"

The feasibility study was due in Q1. He gave presentations where he said it would be out in a matter of days or weeks. Now suddenly he finds he needs another £3m to complete it? Something is not right here.

Is there also some money set aside for the land, when he eventually faces up to the fact that he doesn't have it all and it has to be paid for? Or will there be another fund raising for that?

[halland75] 14/6/2022 08:55

DiggyBee.
"I bought too many in a state of excitement".

Anyone who has that kind of strategy when it comes investing should not be suprised nor disappointed when an share price hits the floor.

Foolish beyond words.

[diggybee] 14/6/2022 08:55

What a chortle for Mark. An £8,400 tax to pay in new worthless paper but he gets to keep the wheeze going another year, receive his handsome salary, plus the opportunity of another holiday snap with amigo Ortega. That is how you pay the bills in life.

[diggybee] 14/6/2022 08:49

Give us the kool aid please 888 The sun will come out tomorrow. On an intergalactic time continuum?Blasted derampers.

[halland75] 14/6/2022 08:49

Contact lenses?
lol.

Better head to Specsavers.

[book5] 14/6/2022 08:47

Halland75
I do have contacts and posted photos and videos in the past
And I have being saying key is the land, and in particular the coop’s land
My blood is very valuable O-Rh-, u and others may use it

[halland75] 14/6/2022 08:40

They must be out for the blood of book5.
I remember when I used to read he had eyes on the ground etc. etc.
And gave info you had to take with a pinch of salt.

What a tumble this has taken, they are all up in arms on LSE.
All those top ups members like ISAPENSION did, terrible losses.
connect buying way over 80p, this must be frightening viewing.

[aleoap] 14/6/2022 08:33

I've been waiting for this opportunity to top up for some time. In my opinion this is going to be seen as a great time to buy, 4 mill USD should see us to project finance. Next up mineral reserve update, followed by FS.

[book5] 14/6/2022 08:13

coop’s associates are kicking out some miners who don’t have the right to mine in their land.
H&S is the excuse, but greed is probably at play too: they want to make sure they do not acquire rights to stay, so less people to share the cake. I am wondering why they are kicking them now😉

More dilution
MC is not filling its boots

I am not sure what to make of relative small amount, either they need low amount or takers were not coming

Cnr may need $900k to buy the coops land + land swap, say $1million to pay for rest of mill, say $0.5 million for studies….not much left to pay for wages
Finance can’t be too far away or other capital raise in few months

Let’s see where it goes
Gla

[bahamasoil] 14/6/2022 08:10

Hits a two year low even with the warrants chucked in and being shovel ready. The word "incompetent" springs to mind.