Member Info for AndrewFfoulkes

All in good time, 12m timeframe. Moonshot coming.

You surely can't believe that Mark is just being stubborn. He's outlined many times that there is potentially more than one route to production, if he is in discussions about toll milling with for example Calibre, this does not preclude him from doing a deal for a plant as well.
I have every confidence in him, I genuinely believe that things are about to get exciting (12m timeframe) at Condor. Plus in the current Au environment things may just line up for a moonshot.

WG, it's very easy to get bored here, those of us who've been around since the first decade of the 21stC know the trials and tribulations all too well at CNR, but in reality this time it really is different. We are so close to the endgame we just need that little extra bit of patience (and some luck). Yes there is always risk, especially geopolitical but aside from that I think Mark has dealt with everything else with the best possible outcomes.

I'm doing my best not to get too exuberant but the way I now feel about CNR v the way I ought to objectively feel are completely at odds. Inside I am actually beginning to get excited and I haven't done that with a share since 2011.

Thinking logically about what is going on at the moment, despite Covid19 I suspect things are moving at lightning speed on most fronts. As much of what we need to do can be achieved from behind a desk, land acquisition, finalising desktop studies/reports for mine planning, moving along plant purchase, discussions or otherwise about toll milling, funding proposals etc etc. Based upon what has been said by CNR over the last few months and in presentations given, I remain very, very excited to be here and have added in recent months.

I am absolutely convinced that Mark will be working away on these things every day on all shareholders behalves. If the gold market remains as strong at it is over the next 12m or so I fully expect explosive share price action. Daily gains that can only be dreamed about at present.

Keep the faith!

ISA, pretty much nothing on advfn of any import. It's been better covered and discussed here.

Mark is very approachable and will generally respond to all reasonable queries. Like others I’ve often engaged in exchanges with him over the last decade or so.

It’s all a matter of perception.

Quoting Mark:

1.
“ NMC has not sold any shares.

Randy Martin exercised the 25p warrant for 1.64M shares. The company received £410,000. He was sold the shares he exercised”

2.
“ It is a bit confusing. The Placement in June 2019 had accelerator warrants, which had to be exercised if the shares traded above 40p for 10 days. Randy has other commitments and didn't have spare case, so he exercised and sold. Buy has retain 100% of the original US$2.5M investment at 20p. He is happy”

He hasn’t sold!

I've absolutely no idea when it will commence, CNR has been a laggard for so long I doubt my own views and research, but one of these days it will happen and it will be sustained.....he says to himself (again) 11 years after first investing here :-)

I would concur, it's highly unlikely to be a Mill bought in country. There are pretty much none available and Calibre would not part with theirs after just acquiring it. That said, bearing in mind the recent fund raise, we can probably expect news sooner rather than later, it'll all be subject to the usual caveats due diligence etc etc

no reason, simply traders and stops.
this share is tightly held, so illiquid in terms of free float, that can mean volatile.

All good tester123, getting closer and closer to the time I want to start drawing on the old SIPP. I remain ever hopeful that CNR will assist me in doing so in the next couple of years.

It seems a long time since my first investments here in 2009 or was it 2008 :-)

We need down days and some days with no real movement at all to keep things sustainable.

V1d, very nearly came to enjoy a pie and chips, like old times, but in NZ this year then covid mucked things up. Send me an email catch up when you get a chance.
I'm back in work mostly as working from home drives me insane.

It’s been a while, first bought in 2009. Still at a significant loss but await the ever nearing end game.

HaHa, we can certainly hope so. I remain very upbeat but given my last 11 or 12 years of investment here, also very cautious. Let's see what happens.

...the price anyone will pay is all down to the 3 month average, so there'd be some work to do over some time to get a decent price, nobody at present given current shares in issue would pay more than 40%-50% above 3m average.

Personally I'd be gutted if B2 offered now. I suspect if they did we'd get no more than say 50p, what awful news after so long. Better for US to do a toll deal with them and see how the land lies further down the line.

Is it me or are we actually worth much less than cash in the bank?