Member Info for condor_forever

As mentioned, great to finally see some updated slides, about time. Quick presentation, got all the important bits across. Gold production 24 months away.

@willowman - have you had any previous emails from Mark in the past? If not, you'll need to show proof of being a shareholder.

I remember emailing him several years ago and got no response. However, I emailed him early July this year, gave proof of my holdings and he replied a couple of times to my emails and was very helpful.

Ah, this one. Thought you were talking about another video.

Have you got a link pat?

Good to see you posting. What's your average pat? Not sure how long it'll take to get to a market cap of £95m.

15% is a good chunk to hold. Always a good confidence boost for us small fry. I recently invested into a gold producer, should have just put more in here at 18p!

Good to see a lot of trades today. I wonder whether that massive sell was holding us back. I do hope that was the last of what the MM's were holding back. Onwards and upwards.

They are bringing some open pits into production which should lower their aisc to around $1000-1100. Still high.

Still makes sense for calibre to do a deal. Surely there can't be any downside to a toll agreement. It's basically free money.

Cheers Aguila.

Their mine cost was budgeted at $158m but they were under this, not sure by how much.

I remember Mark mentioning our mine build would be around $110m.

Their forecasted annual production this year is between 135-145k. Their aisc this year is around $820. They only own 90% of the mine.

We own 100% and aisc is estimated around $750. Our production is lower but could raise to 120,000.

They have about $46m debt at present. They were purchased for £225m.

I know it's not that simple just to knock off £100m for our mine build but then add £40m for their debt.

With this acquisition, I still believe that if we got bought out, we could get £100m. Let's not forget the rest of our reserve and potential 5m oz.

Anyone else have any thoughts?

Tester, have you considered asking mark?

The directors have a lot of shares. They won't want to dilute too much. I can't see much happening though in the next 3-6 months. I'm keeping a close eye on calibre over the next few months. Fingers crossed for some positive news post September.

I can't access the article. Anything interesting frenchie?

Geovanni - let's not forget that b2 mentioned that current plans at la libertad include mining and processing into 2020. It needs to find additional mineral targets to make it economical. B2 mentioned about a $34 million closure and reclamation costs. I'd therefore assume this extra capital calibre are raising will go towards this.

Thanks for finding. Is there a particular time on the video to listen to, an hour is slightly long for me to listen to all of it?

Great posts today guys. I'm really torn about this news as to whether this is helpful to us or not.

There is a good overview on calibre's website explaining the merger. I like this part taken from it 'provides access to accretive growth opportunities that may not fit for B2 Gold'.

I wonder whether that is linked to Clive not wanting to engage with us, whereas if someone else is taking over the reigns in nic, they will look at us with a fresh pair of eyes.

So many options.

Great posts today guys. I'm really torn about this news as to whether this is helpful to us or not.

There is a good overview on calibre's website explaining the merger. I like this part taken from it 'provides access to accretive growth opportunities that may not fit for B2 Gold'.

I wonder whether that is linked to Clive not wanting to engage with us, whereas if someone else is taking over the reigns in nic, they will look at us with a fresh pair of eyes.

So many options.

@munchbox54 I have faith in MC. My thought process is that MC's mouth is shut until an agreement is confirmed. Let's not forget about Mark's background in finance. I think Mark is a good negotiator, look how he managed to swap our original concession for this with B2. He has conserved cash well considering the market over the past few years. I see a positive of the duration of the NDA taking so long because we have a great resource and Mark won't let it go cheaply. We are not a company that is going to go bust. I will eat my hat if Mark sells this for less than a £100 million.

Cheers Nero. Re-assuring to hear. Nice to see a blue day, onwards and upwards.

Chunky 2.3mill trade end of day. Surely we must hear something soon!

I've topped up as well. Brought my average down a bit to 59p. Happy with the fundamentals here, just a matter of time.