Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Since the majority of posts here for years have been predicting re rates etc it doesnt really follow that posting on a bb affects the sp . A major mining expert selling however will.
I disagree. His investment in Condor did not attract many Canadians to follow him, and doubt many here will follow suit by selling out themselves. We have no idea that he is fully de-investing from the company, nor do we know his reasoning. We have solid backing from other keystone investors and if he does exit fully so be it, we will still progress and see good returns from here, with or without Ross Beaty, it certainly won’t be the end of the world. I wouldn’t be surprised to see some major funds investing once financing, land and plant sorted. Don’t panic Mr Mannering!
No worse than when the IFC bailed. We continue to push on with or without him. as someone else posted today, we still have Jim Mellon on board, and he is adding. Plenty of news in the pipeline. Timing is a bit strange. Possibly something to do with Canadian tax returns which is due to kick off on 22nd feb?
I don't recall MC ever setting deadlines for any of that jdj2, care to share your source?
Not a good idea as that would cause further dilution. We anticipate a re-rate on news of a plant purchase; so the market capital increase would be shared across more shares holding our SP back. What would we gain by doing that?
Excellent, thank you Softrock.
Hi Condor_Forever, yes I see the red ones are the pending infill. My question is what are the green ones labelled RC twin pending (in the picture key)?
Thanks all for the updates, much appreciated. Re the couple of comments with regard toll mining, it is still on the slides 4 and 12 of tonight's presentation, so don't discount it just yet!
The 9 infill drill holes completed at La India mentioned by ISAPENSION can be seen in the photo on slide 13 of the presentation (linked in my previous email before the presentation), with a further 26 to be completed. Can any one explain what the green ones are, labelled RC twin pending?
Thanks again.
I'm at work so would appreciate any updates posted please?
The slides for the presentation are now on the website. Some new slides are included:
http://condorgold.com/investors/presentations/proactive-one2one-presentation-28th-january-2021
Well with little else to spend my wages on at the moment I have added more this morning.
As a side thought while we wait, does anyone think we will undergo a name change once we start getting the gold out of the ground? In 2012 we changed from Condor Resources PLC to Condor Gold. A change of name to Condor Mining would be quite apt!
To be fair the FTSE Aim 100 index is down 1.5% today
Re toll mining, I think we have to trust the man at the helm on this one. We know discussions are being held, we can assume both parties are looking to maximise share holder value , and I think we can also assume that Calibre have one eye on a takeover deal, so will not want to see our share price rocket on any deal announcement. You will not hear Mark talk details on any discussions as there is most certainly a non disclosure agreement (NDA) in place. It’s just a case of watch and wait a little longer. In the meantime, we push on with our development, which will result in a re-rate and bring us closer to production. Time is running out for Calibre to put pen to paper.
Comparing the slides to the presentation for the shares magazine evening webinar on 9th Dec the differences I see are we have increased the payroll from 55 employees to 75, land surface rights purchased increased from 93% to 95%, tailing facility now 64% engineered vice 50%, Geotechnical drilling on TSF, water retention dams now complete. both drill rigs on site for 4000m in-fill drilling on La India open pit. In-fill drilling on high grade Mestiza open pit no longer showing a date of Jan 21. Site prep on 15 hectares commenced and to be expanded.
@ Noel: "The market doesn't believe you ISAPENSION. The price is dropping and none of your piffle can talk it up."
1 week ago today you posted: "My analysis of the chart suggests 75p fairly soon." Hmmmmmmm
Xcite became insolvent, Arian switched, unsuccessfully to lithium when price of silver fell away, Rock Hopper and Desire both failed to find oil in the 1st place so none of those companies can be compared to Condor! We are awash with targets, we have strong backers, we have banks lining up to provide financing. The land is not an immediate issue and as a last resort the route to compulsory purchase is available. Drilling continues and we will shortly get an update on the results. Toll deal is still on the table but there are such things as NDA which ties Marks hands, and as for your comment “still far too many questions unanswered”, do something about it, sign up for one of his many presentations, the next being Thursday, and ask away!
I don't think MC is deliberately taking it slow realranger. My personal view is that I believe Mark never expected to get this far into the project without a realistic offer coming in. I believe the political unrest put that plan to bed in that the risk was too much for the producers to commit to developing our mine, that coupled with the bear gold market. Then this year we were hit with the pandemic which has bound to have slowed down progress and would have curtailed a number of Marks planned visits to the country. The shovel ready comment was made before the pandemic raised it's ugly head.
Condor_forever see the permitting update from 28th Jan last year whereby we were given an extension until 27 July 2021 to complete the conditions of the key environmental permit to develop and extract ore from La India open pit:
https://www.lse.co.uk/rns/CNR/permitting-update-on-la-india-project-nicaragua-773ufhp1xxezf1n.html
If we are going to see multiples of the current SP, I can wait. Lets keep doing it right and keep the locals and government onside with us. I'm sure any negotiating being done with regard to land, finance, plant is being done with shareholders interests at heart. How can you expect nailed down timescales, when we are reliant on 3rd parties? What would happen if those timescales slip for any reason; you would be calling for MC's blood for sure! Give him a break. He has got us this far where a lot would have fallen by the wayside long ago. Our time will come.
This time 83,333 31p warrants exercised for £25,833
lot of hefty trades going through late in the day recently?
Don’t forget the mid-price trades.