The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Seeinred...yep I thought a few more would load up but it didn't take much to take us to this level and my only short term thinking is financing 3-4 months may see us drift. But that said there will be a lot of upside after the financing so I'm more than happy in the current position and maybe many investors are sitting it out now and holding.
We don't have a lot of shares in issue compared to many other listed companies which is a nod towards MC and how he has run the company but I do wonder if money will leave equities this winter to pay for higher bills ,food,Xmas etc..to return next spring?..long term we are good tho IMO.
I'd have bought more down in the low 20's..I'd imagine we are pretty well supported around this level tho..gonna keep my eye on it and if we do see a weakness I'm in for more but also happy buying around these levels to hold long..if we stay here. All good though GLA.
Each of those 100's of visitors have access /represent thousands of potential consumers..£££
With Rahul Dravid fronting the membership card..
Can you put your figures forward,if this is pure fantasy what do you base that comment on..I am genuinely interested and tried to write the post without sounding like I was having a go at you.
I'm all for reading balanced views but Simms post is well written. GL.
Great post and I'm 100% behind MC and trust him no problems there.
I guess the board will have to decide whether a cash offer now is going to be better than equity raise/finance and then construction in 18 months.
Everything is in place for the final journey and it's a 50/50 from me which way it will go. Either route though has an SP well north of here. IMO
Was there a Candy/ Bonnier holding here?..A confusing tangled web with Boom/Aaqua etc I'm a bit lost with it tbh..mates of CA?..
To optimise CAPEX, the team employed sprung structures for the warehouse, light vehicle maintenance shop and the plant maintenance shops, whilst also to reduce the risk of long lead times for pre-engineered metal buildings and the high cost of steel erected structures.
I think the company are aware of this and addressed it in the BFS..also the clearance is at advanced stage awaiting the mill..time will tell but things are at last certainly moving forward.
Time will tell I guess but it feels like all hands on deck at the moment.
Lets see if we see a rise in volume following MCs presentations over the next 2 weeks now he can include the BFS.
Seeinred, personally welcome all views but where does 36months come from (3 years) you state..I've read
"The plant and Infrastructure were engineered, MTO's developed, equipment was quoted, and contractor unit rates were benchmarked in the Nicaraguan market for compliance with the requirements of a Class III Capital Cost Estimate. Total Construction for the plant and associated infrastructure is estimated at SIXTEEN months."
We know the mill is in Nicaragua, we know the land is being cleared, we know the land for construction is enough to build and operate the mine,the government are onboard,we'll employ 1000 locals....Yes funding must follow but genuinely interested to know where the figure comes from..more than double the time mentioned for plant construction in the BFS. GL.
Seeinred we already knew this?..a while ago there was talk of relocating the village but the BFS states
"The La India deposit Mineral Resource as reported considers the current maximum limits for potential extraction. The current operating permits consider a limitation from the current village boundaries"
It could be revisited as it may hold a large resource and if numbers add up and everyone is happy many years down the road we'll see..this is maybe after mining has commenced,it maybe not us it may never happen,it may bring in extra money.
Not sure why you picked this out when there's a very detailed report regarding a ready to go project (awaiting finance which will come)..which the market thought was very positive hence the rise yesterday. GL.
On 25 October 2021, the Company announced the results of a Preliminary Economic Assessment and filed on SEDAR a technical report entitled "Condor Gold Technical Report on the La Indian Gold Project, Nicaragua, 2021" detailing average annual production of 150,000 oz of gold over the initial 9 years of production from open pit and underground Mineral Resources and provides an indication of a production target.
The 80k Oz is only the open pit of La India.
Great posts recently..MC has been banging on about how undervalued we are (he knows)..and I think the market is starting to take note and investors will be taking a position here very soon.
I can't imagine the SP staying under 30p for long and a new trading range soon Purley based on the FS and the finance package which I believe will follow pretty sharpish or as many think swallowed up by a bigger fish.
Interesting times for sure and happy to be part of the story with a sticky holding and plans to add under 30p it looks like a great investment. IMO GLA.