Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
Last year MC mentioned between 100m - 200m.
Gold has since taken off and added chunks to the bottom line.
50p - meh but got out with a decent profit
60p - yep (nearly a bag from today)
75p+ 🤞 with part paper would be ideal.
Agree Sunjammer, with JM being a gold bull i expect he would happily take a chunk of Calibre paper if they go for Condor.
Meanwhile some chancer tried selling a golden nugget valued at £3,800 for £40,000 😁
https://www.bbc.co.uk/news/articles/cw9zzx1y4zvo
Given the past few months, it’s a positive update coming out of Condor today.
JM is so upbeat in his statement considering but guess he knows more than us!
Great entry price for risk and reward here but for me I will just stick to what I hold as don’t want to over invest. Now let’s hope we get some concrete offers in soon!
New US contact interested in Condor so sent NDA docs last week.
Mark said that they are hoping 1 of the 4 non-binding offers becomes binding so my assumption is they have hit or close to the price Mark and Jim are willing to sell at.
Project not going on the cheap and Jim has the pockets if they need a plan B on production alone at a smaller scale but selling Condor for shareholders is much the priority etc.
Condors valuation at 30p, per ounce in the ground is $27 vs todays price of $2,050!!! (1.3%)
Projects tend to sell between 3%-8%… That’s without permits/land/fs and the mill that Condor has.
I don’t see how 2/3 big players are not going to bid at least 60p+ that only takes it to 2.3%.
Thanks for the share CF, great presentation to watch.
Connect, I have called Noel out a couple of times in the past for a bet on Condor share price and would have been easy cash for him but he didn't have the balls to back up his noise months back - no respect for anyone who doesn't back up their noise with a stake - so he's just a skint keyboard troll IMO.
Might have to add on the dip!
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Property investment via crypto - UK Based