Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Nothing new but a nice summary of Condor!
https://youtu.be/ME5CnCUw9yY
Yeah have timed my 5 buys well in this (3 recent) but has been years and years of keeping my eye on this share so kind of expected it. This just the start tho, why why why would you want to sell now!?? Unless you need the cash or buy elsewhere but good luck with that.
www.forbes.com/sites/investor/2020/07/24/gold-how-high-can-it-go/
Nice looking chart for Gold, if we start producing in say 12-24 months who knows what gold will be at? However painful the wait was, it might just turn out to be a blessing.
Also if a sale of Condor is reached beforehand, MC and JM own 20% - this will not go cheaply.
Not sure why you compare this to Condor all the time. My main investment is in Condor and the rest in here as I see huge upside to gold miners.
Condor has a top CEO in Mark Child who has *skin in the game* and invested his own money into the project along with a top top investor by the name of Jim Mellon who contributes millions to the project and has recently (as of last week) put his money where his mouth is.
Written by him some time ago - copy &paste
'dvh lucky you I only have £2k been locked in to coupled stalled stocks and others didnt want to sell yet.Expect that to be £10-15k for you in the next couple weeks/months'
Has somebody sold up and is keeping awake at night - 120 posts in the last 30 days on Kefi - Awww you are cute little man.
I only invested £1,600 a few years ago because I was looking at buying physical gold of the same value but I thought of the complications of looking after it and on research found Lionsgold. The concept is amazing but the lack of drive to promote this and treatment to shareholders has been disgusting! I have friends wanting to buy gold now and I tell them about Tally and they want in but I then have to say just wait until they have relisted because I don’t 100% trust them - if I can’t promote this as a shareholder then this ain’t going to work.
Parry hasn’t all been bad, the investment in railsbank and the rebranding to Tally but this now needs to get out there before it’s too late! Gold is only going up and investment into the sector will boom. I don’t care if Parry sells all of Railsbank and the mines now to advertise and employee an office full of people to get this mainstream ASAP and let it either sink or swim.
So we now have 8 million in the bank to complete land purchases and deposit on a mill.
My thinking was we may have purchased the idle mill at Calibre as Mark did mention the not so short 3 hour truck drive to get it there. The deal could involve paying Calibre cash up front and via the recent issue of shares? This would be a great deal for us vs a toll milling as we get to keep our entire gold and buy a cheap mill. Calibre still wins by offloading an idle mill and benefiting from our re-rate by having shares in Condor without doing any work.
Watch this from 11 minutes?
https://www.youtube.com/watch?v=HOLnPMKoUXA
Later in this interview Mark mentions appointing a mining constructer and against doing a BFS for banks so this route to early cash flow would fit.
Anyone share this view? This is only my opinion and I could be well off but it seems to me this would be the absolute best outcome for Condor.
Least we shouldn’t have to long to find out!!
For anyone new to this share, this recent interview explains how much upside there is here.
Jim Mellon has 15% and is open to investing more!
https://youtu.be/PW48WRShQJM
You may be worried as the share price has doubled recently and you don’t want to get spiked but we are fully permitted now and the share price collapsed due to the 2/3 year delay and a huge shareholding fund went bust.
We have 1 billion of gold so just buy and hold.
No sells from me at these low levels. I got shares at 57p and 40p in the past and I remember thinking it was cheap then! The biggest factor IMO for Condor is Mark as CEO - I trust this guy and that’s why so many LTH holders are still here - You deserve to all turn blue over the next few weeks and months.