Member Info for condor_forever

I'm thinking around 60p.

Can anyone explain to me this?

A total of 500,500 Shares are to be issued to the subscribing directors and PDMR who are holding for the long term as detailed below, whilst 499,500 of the 2019 Options have been exercised on a cashless basis with the resulting shares being immediately sold in the market to a third party at 22p per Share. The Company has received gross proceeds of £220,000.

So can they just transfer exercising options to other people/a third party? I mean I guess it doesn't really make any big difference given it's only less than 2p off buying on the open market and good to have money in the coffers whilst the sale process is ongoing.

Seingred, the gold price at the time of that purchase was $1490. They were also unloved assets with la libertad close to closing due to the lack of reserves.

Exactly Nero. Those NPV numbers could easily double with the potential going forwards. El limon has produced 3m Oz and calibre keep finding new veins and extensions all over.

I'm holding onto my golden tickets. I'm expecting a deal by the end of the year.

Looking at the NPVs for the full project of open pits, feeder pits and underground and selling the company for $180m (fully diluted 230m for 60p a share):

$2000oz gold = 28% of the NPV

$2200oz gold = 23% of the NPV

$2400oz gold = 19% of the NPV

I am confident for 60p plus. Especially with the current POG.

Big man, I don't believe you were at the AGM.

Maybe the answers were amazing that all attendees are out on the lash and paying for those belly dancers who have been waiting patiently for 12 years.

Any feedback slim?

At least I got a good chuckle out of reminding myself who Ronnie Pickering is. What a great video.

Yeah, same here. I contacted my broker but missed the action deadline so no chance.

Yv00, unfortunately we'll never fully know the ins and outs of those toll milling conversations. However, considering there were talks around 2018, I doubt the land would have been an issue.

Surrey, on the website it is under investors - company reports - scroll down the shareholder notifications and then it is under there. There is an email to register attendance but says by 5pm yesterday. The email address is condor2024agm@condorgold.com and you need to put your full name. I've emailed them just now but not holding my breath for a response as I missed the deadline.

Surrey, from the wording, looks too late to register.

I looked into attending virtually as I'm off work with an illness but missed the deadline to attend/submit questions (it was yesterday at 5pm).

Slim, if possible could you ask questions alongside these:

1. Is there anything out of our control with the delay in selling the asset? Does it make sense for condor to acquire all the land before selling rather than let the acquirer take over negotiations?

2. If we have so much potential of a 5m Oz gold deposit, why not agree a toll mining until we announce a deal? In hindsight, the money raised would have avoided unnecessary dilution and could have forced the hand of the acquirer to do a deal quicker knowing we are already selling some gold.

Cheers

I'm not going. Too far for me to travel from Manchester with little benefit.

It says 3pm on the RNS dated 17th May.

Https://masterinvestor.co.uk/commodities/june-mining-update/

Think they are a few years away still.

Vermilion, what do you mean? The company has already released the annual report for the FY 2023.

They have notified shareholders of the AGM. It is in the first paragraph of the RNS dated 17th May.