Share Name Share Symbol Market Type Share ISIN Share Description
Condor Gold Plc LSE:CNR London Ordinary Share GB00B8225591 ORD 20P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.0% 25.50 0.00 08:00:00
Bid Price Offer Price High Price Low Price Open Price
25.00 26.00 25.50 25.50 25.50
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining -2.33 -1.70 40
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 25.50 GBX

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Date Time Title Posts
30/6/202215:35Condor Gold plc8,173
22/2/202213:18Mc pony talk-
16/9/202015:26Precious Metals Summit Conference -
27/7/202000:20Condor Resources - Flight of the Condor in 2011?15,172

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Condor Gold (CNR) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2022-06-30 14:43:4325.001,126281.50O
2022-06-30 14:06:4225.6015,0003,840.00O
2022-06-30 11:34:4225.652,955757.96O
2022-06-30 08:19:2825.705,7691,482.63O
2022-06-30 08:05:0825.505,0001,275.00O
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Condor Gold (CNR) Top Chat Posts

Condor Gold Daily Update: Condor Gold Plc is listed in the Mining sector of the London Stock Exchange with ticker CNR. The last closing price for Condor Gold was 25.50p.
Condor Gold Plc has a 4 week average price of 24.25p and a 12 week average price of 24.25p.
The 1 year high share price is 46.50p while the 1 year low share price is currently 24.25p.
There are currently 158,537,864 shares in issue and the average daily traded volume is 65,709 shares. The market capitalisation of Condor Gold Plc is £40,427,155.32.
q2g: Yes, the present share price trend might just be an aberration because the small mining company sector is rubbish just now and takes no account of CNR's particular prospects. However, Mr Market is saying that positive view is probably wrong. This is because at this stage in the company's development, and the closeness of supposedly good news, the share price trend shows little confidence is placed on any news issued by this company. The inherent risks are absolutely huge at the moment, but some people don't see or don't want to see this. Investing strategy is better employed by those who understand how to play chess, not the obviously simpler game of drafts.
888icb: When the last 2 placings were done it was assumed that the share price would rise to the levels we saw in 2020. Unfortunately (and this is where the deramping and negativity may have played its part)the share price is at a massive discount to its real value and the warrants are exercisable at a much higher price. The warrants don’t lapse for another year so if the share price rises the warrants could come into play to provide additional cash. A bid would seem to be our best option at the moment unless the BFS can work some magic on the share price.
888icb: This is the text: “ A microcap company that I recently stuck my neck out for is Condor Gold (ISIN GB00B8225591, CND), a GBP 46m gold explorer focussed on Nicaragua. My research report for Lifetime Members dubbed the company Britain's next high-conviction bid target. There are indications that potential bidders have already started to sniff around, and the major shareholders are unlikely to sell for anything less than 100 pence – more than three times the current share price. The current market volatility might require investors to average down if the share price takes another hit. That said, after following Condor Gold for 15 years, it's a company that I believe is destined to be taken out through a cash bid sooner or later.” Someone else in addition to our Swiss friend predicting a cash bid.
dexdringle: If gold goes to $3,000 it means that there has been some kind of catastrophic implosion in the world economy which probably means Condor, being listed, will go down the Swanee with everything else. This is the problem with shares in gold miners. They go down when stock markets go down, and they go down when the gold price goes down, but they rarely go up if either of those things goes up. I have some shares in Golden Prospect Precious Metals (GPM) which invests mostly in gold miners. In late 2020, the price of gold was about what it is now ($1,800 an ounce) and GPM had a NAV of 70p and a share price just short of that. Now the NAV is 49p and the share price 40p. This is especially odd as the stock markets are also pretty much where they were in late 2020. So neither gold, nor the markets, have fallen yet a collection of precious metal company investments have dropped 40%.
888icb: There were about 5.5 million warrants issued at the last placing in October 2021 which I am sure was intended for future cash needs. The problem is the share price remains at a large discount to actual value well below the 50p exercise price of the warrants. Perhaps the release of the BFS and a financing deal in the next few weeks will put the warrants in the money and investors can be encouraged to exercise them. A forced exercising of 50% on the warrants can take place if the share price remains at 60p or above for 10 consecutive days. Not sure if their are older warrants still to be exercised.
888icb: Here is a post from a long term holder and poster on CNR Dictumdedicto who had difficulty buying today: “ Buy RE: Added17 May 2022 15:49 I needed to take some BP/Shell shares off the table, so I thought I might as well buy at 33p rather than wait for 30p. I couldn't buy 15k and had to split it over a 10k and a 5k - you can see them on today's 'trades'. Although the share price seems stuck in the 30 - 35p range, there is very little liquidity. Even my 15k pushed the Ask up from 33p to 33.5p. From what I can see, people are digging in. I'm a long -termer, so the chance of me letting any go in the next 12 months is very low - I'm waiting for a proper return, not threepence! If, as, and when, some real news drops there isn't much to stop the share price racing up to 50p or more very quickly. In recent weeks I've seen other people struggling to buy 10k or more, and now I've experienced it myself. Yes, I remain frustrated with the time it is taking, but the answer is to exploit price weakness rather than give up. First gold might now be H1 2024 but I think we'll see the price moving much earlier. If, as some believe, the data room is thronged with people running over the numbers then we might even see action within weeks, or months, rather than at some unknowable point in 2023. RIO would indeed be brilliant if it does happen. The ground has been prepared for Q3 news, but Q2 remains a possibility.” When you look at todays trading the buys actually exceeded the sells but down just 1.5% to 32.75p on volume of 77000. Sensible to buy today as 30p may never come.
book5: Sherwood58 Do you think that The same laws to exprópiate the artisanal miners land could be used to exprópiate us la mestiza with the excuse to promote the local micro-economy for the next 100 years, and for us to be able to start mining on the India vein (ie the law could be used to force a land swap as the miners want)? If I were the government I would support that, if I were cnr I would plead that in exchange for la Mestiza they give us the cooperative’s land + the land where the village sits. Every year the government does a census of the number of miners working around the village’s artisanal gold mines. Why? Bcs government wants to know the level of employment and income generated. So government is well aware of the social changes that cnr mine may bring in the artisanal miners community (mining is the largest local employer around this village). the final price for the cooperative’s land could be very high , or very low,… cnr probably knows what the government position is. We know what the miners have asked for. Question is how much from la mestiza we will loose to support the artisanal miners community , they own land we need, a land swap is coming, and in my view all should win. It is telling that the bfs does not include la mestiza, this means we could negotiate to give it away, or a part of it, for other land. Miners are getting more and more industrious, recently I watch a large track with many tons of ore on a local road. We are loosing lots of gold every year we delay the project and we keep printing more shares at low prices. Owning all land would multiply the share price x2 overnight and reduce dilution. So imho we need all the land asap, and I would argue that actually it is critical for the wealth of the small shareholders. We may end up with a bfs of 70k oz anual production, and a future plan with lots of drilling to increase reserves with no sign of dividends for the foreseeable future till we start extracting ore from deep mining in cacao and/or la india (first years will be very costly with not revenue). In the other hand, if we keep the majority of la mestiza, we should produce 100kz per year , for 10 years, and have dividends after the 1st or 2nd year with spare cash to increase reserves and production. Your guess as good as mine. Regards B.
book5: News I have received: 1st- Survey of numbers of miners working: -every year cnr does a survey of the number of artisanal miners working in the concessions. -Apparently cnr is currently doing this survey. This survey is required by the government; this is one of the reasons why the mine minister recently visited this mining area. Comment: MC must know the exact number of artisanal miners working in this area; therefore you could ask him how many jobs we have destroyed so far (as we have kicked out many miners from our land), and how many we will destroy in the long term. We will generate a short term tax boom revenue for the government, however long term we will destroy jobs. This is bcs we want to mine where hundreds of artisanal have been working for decades. 2nd-Land: Let’s see what cnr does about the concern raised by a former land owner who was asked to leave its former land in spite what the sale contract says, cnr is taking its time to respond to him. Original order date to evacuate is approaching fast. Comment: will this have retrospective consequences for those already kicked out? 3rd visit to Water installations -Everybody appreciates that cnr is bringing water to some communities, this is very good PR. Apparently this is one of the reasons why the mining minister visited cnr’s water installations. No further news Hopefully the FS is issued soon and we have a government intervention to move all the stakeholders forward with a durable peace, so that we have a sustainable future. Gla
book5: We shareholders look with concern our investments going down and with it our future chances to be sitting in a 🛋 comfortably somewhere nice. Miners look to their future too and want better land for their coop’s concession, want la mestiza so that their future generations can eat after Cnr leaves. In the mid time the contract some former land owners signed says they have the right to keep mining till Cnr starts operating on that land. What the Nicaraguan boss apparently said, it is not written in the land sale contract, therefore I am not sure of it’s value, but basically he apparently said (at least to one former land owner) that Cnr will never work on some areas and therefore he could always work on those areas. However that is not happening, and instead cnr is asking more of them to leave cnr’s land. Layers of porkies everywhere, by MC , and his main man in the ground. Tough words but this is my opinion, cnr is like a wolf covered with the skin of lamb that has said big lies, and apparently is trying to talk the signed land sale contracts in its favour without providing much of evidence when the land will be used for extraction and is asking more miners to leave. This is the smallest of the two problems (in the worst case we may allow more miners to mine in cnr land for two more years) the big problem is the coop’s land. What the government will do with the coop’s land is to be seen, in my opinion they will try to support Cnr at the expensive of the miners but that would be close to theft if they do not give them la mestiza. imho investing in cnr is a gamble where the financial return will greatly depend on the government’s decision in regards how the coop’s associates must be compensated for their concession. It is telling the FS does not include La Mestiza. In my opinion we should only give away la mestiza if the villagers agree to relocate, otherwise we should sell, I know this is difficult but proceed without relocating the village will be risky and more expensive. cnr would be happy to offer a plate of lentils so the miners give away the future of their children and grandchildren. If Any of you were miners you would ask for the same land the miners are asking for. It is cnr fault for trying to extract gold where hundreds of miners were working before we arrived. We should have targeted other alternative areas for drilling years ago. Good luck for all of us, I hope all stakeholders agree very soon on the route to follow.
book5: For the big investors: Once a liar, always a liar, trust close to zero. Still not news from negotiations with the coops’ land. My guess is cnr is waiting for government to intervine. Rumours: Former land owners are arguing that under the sale contracts they have the right to keep mining till condor starts using its land, they want proof of condor arguments, words are not enough. Imho Miners have a valid point, and it seems cnr has been caught saying verbal porkies in regards when actually they will be using the totality of its land. Let’s see what documented argument wins (signed land sale/purchase contracts vs drawings / schedules of the mine). if miners win, then cnr will loose more gold for another 18 to 24 months till we start blasting rock, if in the other hand cnr wins then more miners will need to go. We should know soon what the resolution is. Question is whether the resolution will affect the past as many miners have already left condor land; question will be : do some of them have the right to come back to work in some areas of cnr concession ? In general it appears that miners have been easily misguided by cnr arguments bcs they do not have much legal support, this time may be different. Majority of this issues would have been avoided if we were already blasting rock, but delays may have other unexpected consequences Gla
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