Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Strange how we have ticked up with the majority of trades being sells and only 16 shares bought. Wondering of there is a large buy order waiting to be filled
Very, very soon!
But when!!!
The Chinese are coming 👀👀
At least there should be an indication to prove or disprove the Calibre rumour soon
I realise we are all extremely frustrated with this but regurgitation of the mine/sale will solve nothing
Nero, fair point and the post was born out of frustration but the wheels on Condor do and always have turned very slowly..we could be looking at nearly 2 years to get this over the line. Not acceptable IMO.
Deal closed
https://calibremining.com/news/calibre-announces-closing-of-c-115-million-financi-8208/
Barnard I get your frustration, but this idea that production=better share price is just not so clear cut. Look at HUM, multiple operating mines, multiple jurisdictions, yet sporting a market cap less than ours!!!
Personally, I couldn't care less whether we build or not build, I want the share price higher and a liquidity event to exit. If the board believes that that will more likely be achieved via the sales process then so be it.
Let me put it another way, what if rather than embarking on the sales process 18 months ago, they announced the fund raise to start build, built the mine with no issues, and was now producing gold, yet after huge dilution and taking on debt, the market cap was actually less than it is today? You'd be fuming.
Nothing is clear cut in equity markets these days.
Looks like you may have been duped Slim
so in november 2022 condor announced the sale, stating an 18 month construction period for the buyers..guess what here we are 18 months gone still ******* about and gold at a high,without any new news.
we could have been producing now..remind me never to get involved with mc or jm again!
£4.?? Can't remember the pennies part but I'm sure Bob Buffet will remind us
No you don’t Surrey!
In truth no one knows the price outcome, it will be whatever Jim feels is reasonable and that is only if there is a conclusion.
Calibre is still only a guess, but if it is the loan deal closed today. With all the other cash they have coming in the stars are aligned for something to happen.
In summary, IF it is Calibre, and IF Calibre has been waiting for financing to be in place, we might hear something anytime from tomorrow.
I've been at 50p - 65p for a while, with a more recent leaning to 50p. However, with gold moving back up again (and likely towards $2500 before long) I don't think 55p is out of the question.
So, Shanghai is at $2446 while the Goldprice spot sits at $2387. The gap has narrowed to around $60. With ME tensions high this can only really resolve itself upwards.
London:
https://goldprice.org/spot-gold.html
Shanghai:
https://www.cmegroup.com/markets/metals/precious/shanghai-gold-usd.html#venue=globex
With all due respect to SurreyNot123 and I hope he’s right, but that can only be based on a personal opinion AIMHO!
Surrey - please elaborate
I’m a novice at this… What is the expected share price if the offer is £100M or £150M? That is before we get into any variation of there’s stock offered as part of the deal.
£1 is my hope. That is valuation of around £200mil. I'm also hoping to hear something very soon.
I'm a very hopeful sort of chap :)
It won't be 45p.
I know that for a fact.
I think with big jim in charge 45p is the minimum. Maybe more between 50p and 65p. If Calibre maybe some paper.
Afternoon all. I’m trying to establish the validity of a certificate for condor gold that was bought in 2008 through the above named company. If anyone recognises the name, could you please let me know. Thank you.
So breakeven for me after years of holding !
45p is about what I'm expecting