However, in recent days the Company has agreed an in-principle settlement with B2Gold and Royal Gold, which is subject to final documentation. Further details will be released once the settlement agreement is finalised.
According to RBC: The top 10 emerging gold producer listed on the TSX have an average P/NAV 0.91x, resource ounce in the ground US$73 and reserve ounce in the ground US$110. The average AISC is US$840 oz verse Condor’s US$700.
Condor is valued at US$22 per resource ounce gold in the ground and P/NAV 0.28.
In theory there is a compelling case to obtain a secondary listing on the TSX as it will provide a “peer group comparison” which is completely absent on AIM. With… Read More
Since RB came on board it was always likely that we'd seek a TSX listing sooner or later. It appears MC is starting to drop subtle hints in his presentations, at the DGF for example (watch the video), one suspects we will swiftly move towards a listing across the pond. My guess would be latter part of H1 2017. This would enable us to get everything in order (EIA permits etc) before going through the approval process.
Boring? In the last year it has went from 50p to 18p to 85p to 72p...chuck in some tasty investments from some key players and its hardly been boring if you ask me!!
Sure we are now waiting for the EIA and the march north has stalled a bit but we know the pieces of he jigsaw are pretty much in place now and with POG showing some good resilience I'm happy to be bored a touch longer...
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