Member Info for Condorquestion

'La India Q4 Production is FULL production, not commissioning period.'

At least that is the plan.

Https://www.youtube.com/watch?v=1F10snsOc7U

'Should be drilling within 6 weeks' at Dupax (dating from 12 March), so overdue or imminent depending on your viewpoint. 'Maiden Dupax resource within 6 months' (again from March 12). Ditto.

In general, good quality questions / answers.

Https://www.youtube.com/watch?v=KRlqqlSxmpA

Philippines Chamber of Mines CEO (= bias mining interests), but some good info nevertheless.

Darren just popped a million pounds worth of shares into his 2025 ISA. Offshore variety, naturally.

i would suggest it was due to an originally incorrect spelling of the word “course”. at least that was my thinking when i p****d the text.

Https://www.philstar.com/business/2025/05/27/2445989/mining-groups-support-lotilla-new-denr-chief

Https://www.pna.gov.ph/articles/1224485

:Two to three years”. We are coming up to 3rd anniversary since permit filing…

Https://law.asia/philippine-mining-regulatory-framework/

To conclude that internet search: All the noises from the govt folks who approve the permits are good. They are looking to improve and expedite.

From Feb.

https://angminero.com/denr-moves-to-streamline-mining-permit-process-for-efficiency-and-transparency

From Jan 30th.

https://mgb.gov.ph/2015-05-13-02-02-11/mgb-news/1647-denr-mgb-holds-stakeholders-consultation-on-streamlining-mining-permit-applications-2

Written summary of what we already know:

https://bilyonaryo.com/2025/04/06/uk-mining-firm-slams-slow-permit-approvals-in-the-ph-warns-of-investor-exodus/mining/

Who knows, today’s buying might be a response to Dupax permits coming through.

Assuming Dupax works out positive, I don’t know if the required plant modifications can be done in parallel whilst still operating regular Runruno ore (I.e. build any new units next to the ones being modified / replaced). The good cash flow might allow that…more costly capex, but faster returns.

Of course this sort of thinking is putting the cart well in front of the horse, but its the sort of thing that I expect would be on the radar.

Yes, time is pressing with dupax. Need permit, then from that moment, drill, then construction to modify plant. If we want almost seamless cashflow from the Philippines once Runrunno runs out, then we need those permits fairly quickly (next 6 months?)

Just to say that I have a huge chart set up with multiple gold *producers* on it and for quite some time (1 year), we have been tracking in the exact same way as all the rest, albeit on the upper end of the gains. Since we are a producer that makes sense to me. I guess we will continue as such with occasional mini-rerates on positive news to keep us near the top of the bunch, and then hit the big time once the La India process is established.

If you held in the UK or EUR form of the stock then you should have had them months ago.

A poster who held the US form of the stock reported they had not received them and if that’s you then you need to get into the details of what happens. It’s detailed in the main takeover document specifically for those holders. From memory and a brief read it’s quite messy, but I still think you get something (don’t quote me!).

I don’t believe so. You’ll find them using a different set of words about dilution in the same RNS. I read it as a simple statement of likely fact, not anticipation.

That's approx what I make the value per ex-Condor share at today's share price, including CVRs.

Circa 55p if you reinvested the cash portion straight back in.

Approaching what many had hoped just a short while ago. Not bad.

Thanks CB.

It does seem to appear as if it’s happening. Incredible.