RE: New Day High....2 Dec 2024 16:10
Found this very interesting ..Condor Gold offered x3 Mcap buy out.... Could that happen here?
Condor Gold PLC (AIM: CNR, TSX: COG, OTC: CNDGF) announced it has received two non-binding takeover proposals, one from Calibre Mining Corp (TSX: CXB, OTCQX: CXBMF) and the other from Metals Exploration PLC (AIM: MTL), though only one offer remains active.
As Sky News reported over the weekend, AIM-listed Metals Exploration, backed by property financier Nick Candy, is considering a deal that would value Condor at £150 million—triple its market capitalization of £49 million as of Friday’s close.