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Yep I get that..updates have been non existent..Mark is approachable and does converse though.
I did ask about any updates but he couldn't comment.
barnard, if he can't say anything why promise regular updates throughout Q1? Classic Onion Head BS. I'm still hoping for a miracle here, after 13 years of pain but I really don't believe a word he says anymore.
There will be NDAs on top of NDAs. Not suprised he can't say anything. Doubt you can read much into that, positive or negative, apart from that some conversations must be ongoing, so there must be some interest of some kind.
I've been in touch with him but he can't say anything..which is fair enough. The fact he can't say anything could be a positive..maybe..?
Yep, well done Onion Head! Really enjoying all these promised regular updates throughout Q1. Surely he knows how many bidders, if any, are left in this sale process by now?!
Is it MC trying to breathe life into Condor making these random trades..
Diss poor show with onion head telling the world about he vision on gold getting digitalised and approaching 2k or all time highs and he’s about to tank away a multi multi million pound gold find. Now where’s them teasers
Fed has scaled back to only a 25 basis points rise. It's seen as dovish. A return to $2000 could be on the cards sooner than we think, although Condor seems immune to any excitement.
It's somewhat ironic to think that not getting a bid (and announcing the fact) could well put the SP back up to 30p+ again. Is (cosmetically) bad news actually good news? Much as I would like to exit Condor, I would much rather just know what's going on. Are we still selling, or are we back on the road to production again? Maybe the old 'build it and they will come' is a better way of selling Condor than a pre-production asset sale.
Stock market is starting to make sizeable jumps for many gold companies but we are still languishing 50% down and i note Calibre have doubled from their lows. I think we are now just 10% of value of Calibre so it would be almost immaterial for Calibre to make an offer as they are flying along. We certainly cant be waiting much longer for an update unless they plan to simply state asset is sold or some other alternative strategy. We are now into third month of sale phase and surely by now serious interest would have showed their hand and MC has to stop timewasters counting down the clock. decisivness is key and never had “speed is the essence” have more meaning as 3 months of nothing is a long time and with only a handful of trades we need some update to confirm number of offers and guidance sale price or simply crack on as $2000 gold is a very real likelihood.
Gold has just broken 1950. Gold stocks should reflect this tomorrow including CNR perhaps!
I bought ITS below 6 now over 8 , took some cgo below 5.5 a couple of others but point is I'd have had larger exposure to other possibilities rather than radio silence here
I'm no tipster though mate! Just had a bit of luck over the last couple of weeks.
I'm invested in DEV so don't listen to me! Haha.
Any tips Barnard?;-)
Well I'm seriously thinking another 4-6 weeks and if we hear nothing I'm away..I could have used this money here in a couple of decent trades as a few company's I follow are waking up..come on MC we can't ass about forever.
I had Friday targeted as a possible update day. It does feel like we should be appraised on the situation, even if it’s to say no serious bids yet. If nothing is forthcoming I guess my ‘by end March’ aspiration is dead in the water.
Share price is the midway between bid and ask currently 17.5p. The first transaction is at 17.38 which is .12p below the mid price.
That is indeed what I meant Mr Gamer.
what are you talking about? There was no "official sale date".
Do you mean, RNS re notification TO sell?
Which - doesn't mean anything... If Mark's response yesterday is anything to go by, there's literally nothing yet on the table. I sincerely hope I'm wrong!
also - how do we close at a8, open at 17.38 and Google assumes a drop of 0.12, or .7%? This never made sense to me.
Update has to be soon..22nd Nov was the official sale date but no doubt the wheels were put in motion before that.. February now!..we need this sorting or update.
Well we cant go much lower than £32m market cap for the asset we have. That is not even close to the investment expended to date. I think any news will have a positive impact if just to provide clarity. Are we selling or are there no bidders and as long as MC states we are cracking on with production then it will provide a decent uplift back to 30p where we were before Condor made this erratic decision that was badly timed and poorly received. Somehow i feel any news is good news as we can assume that mothballing Condor is not a realistic option and worse case scenario. Ultimately if we went down production MC would only need to stick around 18 months as i am sure a big miner will dive in prior to production At full market value. would be nice for some positive news in next few weeks.
The late flurry of buying is typical of news being lodged, some have speculated that an update will come by month end, we will see tomorrow.
Alas Barnard it’s a sorry state of affairs when we are left with just hope to salvage our investment!
Can't be far off now..just wondering if the sudden interest here is a sign from the gods..we can hope!
Gavlaa £0.65p would feel like 'manna from heaven'. Cegamer, I feel and share your pain and frustration as my average is near on £0.50p! Let's hope and pray that JM & MC can pull the one of the rabbits that have been mentioned on this BB many times over the last decade. GLA.
Myself and Joey75 bought the other day and they showed as Sells. LSE trades shouldnt be taken as gospel.