George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. 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.
By a thousands cuts..a painful hold is this..just give us a whiff of something!
Luckily for you ‘broomtree’ you seem to be in the minority here in that you managed to make a profit, well done!
Back below 17p again. I hope you sold on the spike.
"60p soon" ISAPENSION said. What a prick.
Gotta say hoping for big things here but that’s gone in the smoke and mirrors, simply hoping to get my money back now. Can’t say how much Jim Mellon had fallen in my estimation, I really thought he’d grab this by the scruff of the neck and get a result but hey can’t complain I made my money when I sold in the 50’s
15/12/22 condor look forward to fast track production
7/02/23 condor look forward to tanking the company away and we might give all yr money back
It actually runs in millions of dollars you’ve dissed up on the wrong move and your a finance expert
Onion you wonder why no body got faith in you anymore
I will get my money back
Surely the stage one he referred to in an interview is complete by now more than two months later? If that is the case why can't he put out an RNS to state that and to say how many parties (if any) are left in the process?
ISA agreed - perhaps Onion should consider putting out an RNS rather than ridiculous tweets. Is this what he meant by 'updates throughout Q1'? I agree that the tweets sound encouraging but really any news should be put out via an RNS.
I think this just shows how much credibility the board have and the trust investors have in them. Two tweets go out ‘from the company’ inferring the sales process is going with offers pending whilst teasing about what the company will do with the proceeds….yet instead of accelerating the share price we have sellers
Hmmmmmmm
All bull until deal is done. Whether a deal is done or not, to post such a tweet is pretty irresponsible, espcially with his track record. I'd rather a simple RNS stating there is interest, progress is going well with more details to follow.
SHG had 3 potential acquirers which was RNS'd, all 3 failed to put forward an official bid.
Sold milestone READY. Lol what next
Yep, stayed tuned to Onion radio
Hi Five0
As I said on my last post I believe it would border on unscrupulous behaviour from the board if the company is posting such openly if they aren’t in a position close to sale. To make 2 posts over a few days to me is a clear signal!
I do welcome views of others on the board!
Another hint ....
'Stay tuned for more updates as we look towards the sold milestone.'
https://twitter.com/CondorGoldplc/status/1623019851118792706?s=20&t=yMucxiiM4AGMMKDJzow93g
Onion what about doing a roadshow up London or the guilford depot and everything open no more restrictions and would give you a chance to Q&A if you got the stones as you swerved the AGM
The improvement is only relative to some very low volumes in recent weeks but we have to go back to 17th January to find a higher volume. It’s time we had an update and perhaps investors are expecting it soon if we see a higher volume week.
Well, my other dog of a share HUM, finally seems to have turned a corner and getting set for 200k oz pa production later this year. I just need Onion Head to find us a buyer and I might finally head back into positive territory with these two dogs!!
5-0. These paid notes never factor in forthcoming dilution, sp qqare never achieved and also have been reducing sp predictions over the years.
The video you mention did mention crypto loans but i think that is one for the future, early days yet and tokenised gold is for sure coming. Worth noting that while gold producers have just given up generally around 5-20% in the last week or two, crypto is still storming qlong with a lot of tech . A great first month of the year. Personally selling a bit now and add bit more producers if they fall much more this week.
Re the sale costs , would imagine there will be general costs pluss a percentage bonus. But yes if there is a sell fail , we will have used significant ammount of recent raise and then what ???
I think it will probably sell but mny will get a shock at what returns and timescale.
Its all guesswork atm, just depends how good you are at guessing and how deep nd underwater peeps are. Guesswork here generally involves being over optimistic on timescales particularly, finnce and definitely dilution and share price.
For me out on whatever the news is good or bad .
MC just can't do anything. Everything he has said in recent years has been a lie. He has made a comfortable life with our money. Why did he buy a mill? This money would have been better used to drill wells. Then we would now have better Verkaufsargumente.So an onion head.
We cleared 14 hecklers at a cost of £? that will grow back and are now Construction ready the government live us I had dinner with all of them
The mans a top story teller and believes himself
Next he what to be on some sort of gold council telling everyone about how digitalising gold is the way forward and gold will be in big demand. Why the duck are you tanking condor away for peanut’s with out giving a valid reason while being worth millions and millions
Yr a liar
False hope for me. Countless number of times we have seen interviews, tweets and RNSs regarding toll milling, on road to production, site clearing, funding close etc etc. Its amounted to nothing except a possible sale now.
Cannot believe anything that comes out from this company until its a done deal. Therefore i'll just wait and see what the future has in store for CNR, till then its just a load of hot air
"...indicates, to me at least, offers are near to non existent or at best too low to be serious..."
So... sell and move on?
"...the cost of putting the project up for sale..."
I would hope for a "no win, no fee" arrangement. A percentage of the sale proceeds would be motivating I would have thought.
"...he talked to some Crypto outfit about funding..."
Where was this mentioned? No harm in checking out the available options, doesn't necessarily imply much to me.
Again, a lot of speculation from next to no actual information.
Hannam was convicted off inside dealings which I pointed out to mc and he said he was fully aware the guy went on to open a bank it’s all bent like a banana
I bookmarked a link to an SP Angel broker note prepared in 2020, it had a target price of £1.02p, talked about toll mining, at the time the share price was 44p, also very convincing charts to show Condor as low valued to peers.
https://www.resource-capital.ch/fileadmin/news/Condor_Gold_Plc/2020_EN/May_2020_SPAngel_Research_Condor_Initiation_May_2020.pdf
Who would have thought Child & Co would put the assets up for sale with a share price of 15p, such is their failure, gross incompetence IMO, the lack of buying and silence from the company indicates, to me at least, offers are near to non existent or at best too low to be serious.
The other angle, not been discussed before, is the cost of putting the project up for sale, my bet is once Hannam have had their cut and other city cronies taken fees it could easily amount to £1m - if nothing comes of the sale then that is money down the drain.
Some form of update needs to be forthcoming, a simple RNS suggesting the level of interest and timeline would suffice, as mentioned it will be in Child's interest to string the process out for as long as possible, the fact he mentioned he talked to some Crypto outfit about funding around Christmas may be a clue as to how the sale process is going.
Like you both that’s how I read it!
The board are accountable for the companies tweets so to send this out now has to mean a sale is progressing!