Condor Gold Share Discussion Threads

[pointscorer] 28/1/2016 15:04

Up into the close and another tick up in the morning??

[usmcgs] 28/1/2016 14:37

LSE morons - that is jm below the 27p he has just paid and not 160

DYOR or don't invest

[usmcgs] 28/1/2016 14:33

Not saying all he says is worth listening to but he does make some valid points ref JM

[babbler] 28/1/2016 14:29

Refuse to register to read his pap

[usmcgs] 28/1/2016 14:28

JM couldn't have bout as exec if he knew anything

£40k nothing to him. Doing MC a favour by buying

Nobody was willing to offer in the offer period

[babbler] 28/1/2016 14:23

Meanwhile... It's rising again.... Bought at 40 sold at 57... May buy back...

[bumpa33] 28/1/2016 14:15

How long have CNR been trying to get La India away? Whatever happened to the El Salvador play, last time i looked (about 2009!) was frozen out by the govt...?

[usmcgs] 28/1/2016 14:11

Cambells desperation

Now referring to the 1p trade lol

Does he not realise that we live in the age of the internet lol

[bumpa33] 28/1/2016 14:10

Babbler - triple bagger now...

but for how long?


this is a classic pre 'funding' move, whoever goes into this on the funding will want a very good margin of safety and a healthy buffer to sell forward.

[usmcgs] 28/1/2016 14:10

Babbler

I think that he got certain facts such as low quality gold but that said he did change the date to may or june, that they would need money by. I believe that they will not leave it until the last moment so by end of this quarter would be my guess. Strange that we should be rising now

[babbler] 28/1/2016 14:05

He also said this would go bust at 20p and avoid last week. Cost people almost a triple bagger. He would say that now wouldn't he?

[geoff80] 28/1/2016 14:00

Tom W. says this is a sell.

[usmcgs] 28/1/2016 13:52

That would make sense

iis do seem to want a large discount

[usmcgs] 28/1/2016 13:46

The last placing was disastrous. They agreed one price and then got stung for a lower price

[usmcgs] 28/1/2016 13:45

They will need money by Mark's own words. It is just unknown how much and through what means

[bumpa33] 28/1/2016 13:45

depends what price they manage to get the fund raising away at.

[usmcgs] 28/1/2016 13:40

Wonder how severe the fall back will be. We were in the mid teens just a few days back

[bumpa33] 28/1/2016 13:39

seemingly not...!

[usmcgs] 28/1/2016 13:38

Bumpa

You don't think that they will put up with a debate lol

[bumpa33] 28/1/2016 13:36

In all the mud slinging, no one want to debate on the cash position here...??

I'm pretty certain companies generally need cash to be able to run their business, least that's the well worn theory.

[usmcgs] 28/1/2016 13:29

A fair few delayed trades coming through to confuse matters

[cashmachine2] 28/1/2016 13:27

Good to see Condor well and truly on the move. Pop over to ACP (another gold play) but with a ridiculously low market cap.DFS due now along with finance of upto $20m from A-MCSProduction planned H1 2016 producing $10m surplus cash pa based on 25,000 Oz AU pa at $647 production cost.Current market cap £2.64m of which ACP have an investment in MTI worth circa £1.5m!Pop over if you have any questions but shares 3p upside is huge and news due right now. -------Timbo.Your calculations are based on an incredibly low PE of 5!! Now calculate the companies worth with slightly higher PE numbers!Current market cap is so low.timbo237 - 25 Nov 2015 - 10:47 - 1399 of 1434 - 0Just been doing some figures. If we extract 25,000 ozs per year based on current known reserves and opex is $650 per oz - current gold price say $1050 per oz that leaves $400 per oz free cash flow.25,000 x 400 = $10,000,000. As far as I know we own 80% so $8m = £5.33mm - call it £5m after taxes and royalties. At say a p/e of 5 = market cap of £25m which equates to a share price of 33p. Anybody see any flaws in this?

[cavendish234] 28/1/2016 13:26

MIB,frank haha