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Punter “stay tuned” is as common a saying as “blaming others for your own mistake” !
That’s it, we’ve all been reduced to semantics, analysing word choices 😂
Confident = faith in one’s self
Optimistic = faith in a good outcome
😂 take your pic
'Embracing the journey, as the sales process unfolds, CNR CEO Onion and the board are optimistic that a binding agreement is on the horizon. Stay tuned for updates'. Now optimistic rather than confident and talking about horizons (seems a long way in the distance?!). The doughnut has even taken to using my 'stay tuned' mickey take. You couldn't make it up.
Erm, Onion is now 'optimistic' rather than 'confident' previously. Not great.
Lol Iam hitting myself at the thought of the chance of getting my money back after 12 years just watched vanishing act the women had the same charm and characteristics as onion
Think Slim is running scared…..
One runners looked to of gave up as it was 9
The same old bait tweet 🤞✍️🤞✍️🧳🧳🧳🏇🎺🎸🚀💽🕰️⚙️💔⚙️🎺this time next year we could be millionaires
Let’s have some up to date photos and pictures of the complete mill
CNR tweeted 2 hours the board are optimistic a binding over is on the horizon, watch out for updates!
The board would be foolish to openly state this, if in doubt stay quiet.
Maybe I am a fool but just bought 2k lots of 10k shares at 23p
This goes against my normal policy as at the time I couldn’t sell and could only buy….however I repeat the fact that tweeted so openly surely sounds positive!
Another week of 'the proper process' concludes..................................stay tuned!
We know the day
We know the colour
We no the reason
Diss poor performance
Actually slim it is around 680 k oz that is proven the rest are jorc compliant estimates. Many mistake reserves ie proven or probable with jorc estimates. There is a large difference in the valuation of each. Anything up to$100 p oz.
It’s a shame onion did no digging 2.4 5. 7. 10. 15 that’s what he’s claimed but it’s the 2.4 that’s proven we even bought the mill to get to it ,you couldn’t make it up anyway have you signed for the chair lift installation yet he’s very busy
Bit behind in the info roxi . Do a bit more digging.
On the last investor update, Mark hints at ten NDA,s
Condor Gold present at the Proactive One2One Investor Forum - June 28th 2023
Roxi, last news 7 ndas 5 offers. It is an asset sale at present , how many shares are you considering into how much offered , how much expenses to deduct ? Ie 15% tax or selling expenses.
Mellon has vastly reduced his breakeven . You are dreaming with £1 per share unfortunately. That would value Cnr around £250m . Take a peek at the m cap of a 100 k oz producer . Shg with a seperate exploration project higher grade and soon to be as large as la India . Currently £100 m . If we got £100 m that would probably return around 40 p imv.
Best to keep expectations grounded imv. We will get to vote although Mellon will have over a quarter of the voting shares by then. So if it is a £100 m deal guys here expecting £1 can vote against it.
They may well have a bid , they have 5 but none as yet have gone binding. They cannot be sitting on a binding bid , it would have to be rnsd
Where did you get 10 NDAs from Roxi?
It wouldnt surprise me if they already have at least one Bid at the cheap end 50p, , it wont go for that, im pretty sure,
Mark said there where at least 4 confirmed Bids, now there are 10 NDA,s it stands to chance one with deeper pockets will emerge,
Next move may be "A Bid has been confirmed" and it will be put to shareholders for acceptance or rejection,
or a Halt in trading , followed be a full Company takeover?, then let the Markets see who Bids the highest?,
Who knows, but Mark is pretty confident the Asset will be sold this year!!!!
Time is ticking on , the gold price rise is good, it may just force the high bid Jim is hoping for £1 would still be cheap, imo
yep, 40p if we are lucky. personally i'm now expecting plan b but hoping to be wrong. onion's data room is probably full of ****e and wishful thinking.
It won’t be sold for anywhere near that ducking Mellon wants to leave for ever so he’s a one flew over the cuckoo nest
Do you honestly believe that we’ll achieve that kind of price Roxi, taking into account the points put across by seasoned posters such as Seingred? At this stage break even at circa £0.50p for me feels like a mirage!
The Buyer of the Assets will reap the benefits, all comes down to what Jim is prepared to accept ??
60p wont cut the mustard, think he will stick out for 75p-£1, imo
No correlation whatsoever I’m afraid, never has been or will be AIMHO!
Gold moving Up through 1915 but not yet having any effect on CNR sp or volume.
Its been a while this share is the only one lagging in the PF, had great success last couple of days with a couple of my other shares, Just need Condor to make it a triple wammy!!!!!
hoping news before the end of August
Stay tuned to Onion radio for more updates.