Member Info for AndrewFfoulkes

...my point really being that B2Gold have capacity at more than one plant, so it makes business sense for them to utilise that capacity in one (or more) of those, there is a choice, be it plant or plants !

...have capacity at more than one plant.

Nothing that CNR have done has made any difference, no need for excuses. The market is the market, pays your money and takes your chance!

The only post permit quick buck anyone is likely to make here is a takeover or significant JV announcement. A BFS will require a funding round after which it (the BFS) will take a significant amount of time to undertake. There will be no construction here for 18+ months IMO.

They probably will in any forthcoming fundraising......

Agreed. I too believe we are probably very close to permits. There’s little reason why we should be treated differently than other recent permits granted. As has been said, the wider issues in Nic are not our immediate concern and we should remain focussed on what’s within our direct control. Something we appear to have done well.

NE, I can't disagree, as you rightly point out the situation on the ground is complex. What I'm saying really is that users ought not to use these chat boards as their SOLE information resource, they should go out there and find links to information for themselves and evaluate those resources themselves. The problem with using links provided by others is that they are inevitably used to support a particular stance or agenda.

Also beware of the Wolf in Sheep's clothing and those who state they are invested and yet seemingly only post comment with one particular slant, be that positive or negative.

Expressions on these chat boards are always agenda driven, nobody sat at their screen is a philanthropist. Either contributors are positive (like me) in the hope of a successful outcome or negative because they are looking for financial reasons (shorting, buying in cheaper etc). Negative spin may also simply be because they have a grievance with the company or even other individual chat room contributors. For some it's just devils advocate. The reasons can be many, varied and complex which is why the majority of the time remarks here should not be taken as serious comment.

I suppose it will take a little while to sink in, there have been a number of false dawns and many will perhaps not yet realise that the PC is the final step before permits. Give it a few days for investors to chew over. You never know we may even see a permit quite a bit sooner than some may imagine.

Once we have a permit that makes our 2.5m oz quite valuable indeed, the country risk remains though. It's anyone's guess whether we become an attractive target with permits or whether Nicaragua is too risky for the mid tiers to invest (more) in.

Sit tight and see what happens!

I give us a strong buy again albeit with risk attached.

Plenty to be seen here, form your own view: https://m.facebook.com/LaIndiaGold/

https://news.sky.com/story/sorrell-targets-1bn-warchest-for-ad-agency-takeover-spree-11425724

alexj65, bitcoin supply is limited to 21m I think. The closer you get to this limit the more difficult in terms of computing power it is to mine them. So strictly speaking it is a finite supply. Other 'coins' are however different in numbers and methods.

Is that comment directed at me draft. I'm not too sure why, have I offended you in some way by suggesting that it is not beyond the realms of possibility that 591m new shares issued may affect the price for existing holders? Mr Sorrell is undoubtedly a behemoth of the Advertising world and highly likely to have a positive impact here, but that may take a little time. Prior to that a hefty dilution may well impact negatively existing holders, even that is after some froth.

It may do to existing holders unless they buy some of the new ones. To a newcomer like myself, should I decide to invest when they lift the suspension, perhaps not so much.

Initially 591m new shares

From Mark to his email circulation list: "Please see attached the Q1 2018 unaudited financial accounts and a summary contained in and RNS. Condor owns a 100% of a high grade gold deposit, with a 2.4M oz gold resource, including a reserve, at a very advance stage of permitting, close to production within a major Gold District containing 5M oz gold plus. There is a scarcity of such assets. The main focus in Q1 has been permitting. 26 February 2018, a 130 page amendment to its Environmental and Social Impact Assessment (�ESIA�) that, significantly, does not require the resettlement of approximately 330 houses occupied by 1,000 people was submitted to the Ministry of Environment and Natural Resources in Nicaragua. The ESIA is part of an Environmental Permit (�Environmental Permit� or �EP�) application to permit and construct a processing plant with capacity to process up to 2,800 tonnes per day of mineral ore. This amendment has been positively received by the Government. 13 March 2018 the �Inter-Institutional Committee� comprising of ten technicians from three Ministries: the Ministry of Environment and Natural Resources, the Ministry of Energy and Mines and the Ministry of Forestry conducted a final site visit inspection of the re-designed mine site infrastructure, which avoids resettlement. 2 May 2018, the Chairman and senior management of the Company held a meeting with the Inter-Institutional Committee at the offices of the Ministry of Energy and Natural Resources to discuss additional information required by the Inter-Institutional Committee following their site visit inspection on March 13th, 2018. The Company intends to submit the technical information by May 31st, 2018.� So despite the political unrest, I had a meeting 2 weeks ago with 2 Ministries to discuss the findings from their site inspection. We will submit the technical information by 31st May 2018. Assuming the technical information is okay and there are no further questions, the Project will be signed off as technically okay and goes to the Minister and President for approval. A date for a Public Consultation should be set and permits granted a couple of weeks later. The risk is that the political situation delays the permitting process. A Dialogue table for mediation and finding a way forward is set for tomorrow. I don�t have a crystal ball, the situation is very tense. Talks could breakdown or go smoothly and a settlement reached. The geologists are excited about the high grade rock chips and new discoveries. We continue to believe the current 2.4M oz gold resource can be doubled and La India Project hosts a 5M oz Gold District. "Detailed geological mapping and vein characterisation continued along several veins, which included the collection of over 150 rock chip samples. On the America Vein Set, 24 rock chip samples returned gold values greater than 5.0g/t including

On the May 2nd, 2018, the Chairman and senior management of the Company held a meeting with the Inter-Institutional Committee at the offices of the Ministry of Energy and Natural Resources to discuss additional information required by the Inter-Institutional Committee following their site visit inspection on March 13th, 2018. The Company intends to submit the technical information by May 31st, 2018.

frenchie38, worth pointing out the meeting tomorrow with MARENA, most unusually is at THEIR request!

Anyone having problems with desktop version of lse.co.uk?

Well at least the good news is they've cancelled these reforms, pretty poor, needless and sad situation though: http://www.euronews.com/2018/04/23/dozens-killed-nicaragua-after-unrest-over-social-security-reform-n868216 Incidentally I'm revoking my permits prediction in view of this unforeseen event.