The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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🤣🤣🤣 miss read your post thought you'd admitted to being Lady Boy
If we can hit40p then we move into all paper takeover offers as an acquirer csb sell in a 50% premium and i suspect 60p gets the Jim nod. Really up to us shareholders if we want that.
We have become used to the idea that gold is in a bear market, junior miners doubly so, and Condor tripley so. Even those with low expectations have been disappointed. But that is no longer the case, and just as even pessamistic expectations were exceeded to the downside in that bear market, we may now be approaching a period in which optimistic expectations could be exceeded to the upside.
Most investors hold on too long to losing positions and not long enough to gaining ones. Most of us here are probably guilty of the first, but we need not also become guilty of the second.
Personally I'm reluctant to be drawn on precise predictions, but the situation now is different to that when Condor was first put on the market. Times change. Perhaps our expectations should too.
Why laughable? Sorry to burst your bubble, but JM is not the Messiah. I think my valuation of $125m US is more achievable than yours of $225m US.
I've felt for some time that the 35/36p point will be difficult to bridge. This might have shifted to 40p with the higher PoG. We'll see.
As for outcome, 45p and the low end and 65p at the high end. The low end being driven by more cash in the deal, and the high end being driven by paper, assuming Calibre. If it's the Chinese I think 50p will be a lot harder to achieve. The 80 - 100p calls that some have made will really be down to the price of the acquirer i.e. Calibre if the deal is mostly paper. And it won't be immediate; probably a 1 - 2 year or so outcome, which means sticking with the buyer for an 'extended' period - inverted commas given that extended means something different in Condor world (15 years...).
Good to hear. Was getting worried you were selling out from your messages and possibly missing out on the final multibag dash :)
Laughable. On what grounds? Have you read the FS and followed JM at all?
Unfortunately you are not going to see 90p. I think 50p is a push to be honest.
Incidentally, does anyone use Tobin hood. Interested to have any feedback. Apparently they have 24 hour trading which could be useful?
Tml, yes pretty simple. Most of my holdings are us or Canadian now and I am a simple lady builder 😜
Slippy. Yeah almost a de ramper lol. Mind you the sp did reach around £2 then and very much smaller ammount of shares in issue.
I thought it was first Cnr with the outrageous predictions.
Simms, Havnt sold any for a bit, in fact bought some back higher but getting itchy to let a few go soon if we reach 35 p.
HL no problem, had Mako. Calibre and Equinox previously when gold ran to nearly 2100 in 2020
If we get paper is it easy to trade shares listed on TSX? How would you go about it? TIA
This was before gold had entered into it's all time high bull run.
Jim's going to get this to equiv 90p+.
Last year MC mentioned between 100m - 200m.
Gold has since taken off and added chunks to the bottom line.
50p - meh but got out with a decent profit
60p - yep (nearly a bag from today)
75p+ 🤞 with part paper would be ideal.
45p I still reckon
If the deal ends up being with Calibre we would probably get an early afternoon RNS to coincide with Calibre opening in Canada. I would be happy to take Calibre shares as they are well positioned to do well in the current gold market.
200mil shares in issue @ 33.5p makes it £67M mcap. I don't know what any offer will equate to but as much as i want £1, i cant see a purchaser stumping it up. Maybe somewhere around the 40-50p range? Who knows, but i am happy that i made a small topup on Friday afternoon, so a nice 10% gain there already
Appears to be some real strength, hopefully close above 36 p in the next day or two, then away we go!
Must have been in Turkish Lira because a share price of £28 in 2011 would have valued the company at £28 billion, which is about £40 billion today (accounting for inflation)!
I think that's what kids refer to as a "full send"! 🤣
Posted a link to an adult website..and was never seen again 🤣
😆😆🤪🤪
I believe it was 28.80 Turkish Lira 👍🏻
Didn't Fenner go on about £28.80 a share, Bob that makes my sub £5 look tame
Hope you have not sold too many of your Condor holding in the last few weeks Seingred as we must be into the homestretch. Maybe just a few signatures left. We will see. Upside is looking very interesting and personally the biggest win for PIs would be a JV where we keep our shares in the company as then we would probably allow Condor to head for £1+ but if its all paper from Callibre they will probably quadruple over coming year and then get taken over by a bigger fish so would be happy with that and maintain some exposure to condor through them as being exposed to producers last 12 months has been the place to be. Explorers will probably start catching up this year as M&A takes off.
Punter, Seingred, Connect, Nero et al…
Anyone got the number for the mad Turk Fenner, or Jibbo?
The golden invite tickets are soon to be issued for the sale party, and we’ll need to dust off the Golden bird costumes that have been gathering some dust for the last c. 12yrs!
Might need to get some younger belly dancers though as the previous incumbents have almost certainly retired…
Tick tick tick BOOM!