Why waste money on a revised pfs. We already know the project is viable hence the reason we are now steaming ahead with the project. The fact fuel costs have declined and the pog has increased only adds weight.
Ignore my last, getting carried away! It was a small premium of just over 1p!
looking at that placing from last Jul, it was done at a premium of 25% to SP at that time. If we got to 50p and MC could convince our cornerstone investors to invest again at a 25% premium that would give us a placing at 62.5p.
Re the ruling on selling in Canada, I think that is a ruling of their market that shares purchased through a private placement have to be held for 4 months and 1 day. Thereafter they can be sold.
Tester, that is correct. The wording from the RNS on the 8th Jul last year following the £4.04 million placement last year of 20,192,520 units:
"Each Unit comprises one ordinary share of 20p each in the Company (the "Placing Shares") and one third of one share purchase warrant of the Company (a "Warrant"). Each Warrant, which is unlisted and fully transferable, will entitle the holder thereof to purchase one ordinary share at a price of 25p (which is at a 25% premium to the Placing Price) for a period of 36 months from the date on which the shares issued pursuant to the Placing are admitted to trading on AIM (the "Closing Date"). 50% of the Warrants shall be subject to an accelerated exercise period if the closing mid-market price of the ordinary shares on AIM is more than £0.30 for 10 consecutive trading days. All of the securities comprising the Units are subject to resale restrictions into Canada which will expire four months and one day from the date of issuance"
Still a possibility a fund comes in and takes a chunk of shares.
johnnytaffia May know what happened to Jibbo. JT has been here from the early days but flits in and out with his wry comments. He relied on Jibbo to give him the latest news.
Slippery, it was Fener, who talked of the golden aligator, and the £28 party. I know Jibbo moved to another resource share (name escapes me) stating he wouldn’t post anything further until Progress was made. Unfortunately it looks like he closed his account. Welsh if my memory is correct.
Condor have not placed any shares in Canada hence the low liquidity. It is something I mentioned in an email to Mark a little while ago. Until recently, there has been no point in spending cash on much marketing in Canada. I guess that has now changed and something that now needs addressing.
Surely at some stage, especially with the damage done to the travel and retail markets, we should see some institutional investors return to Condor Gold - thoughts?
Still not to late to jump back in?
Tester, don’t forget you have a business to run lol!
Sell went through less than a minute past 8am for 41p
It broke 40p 1st thing according to google finance. Now back to 39p on the ask
Well that didn't take long this morning!
Nothing that was shared with us.
CF, re your question about the ‘For Sale’ episode a few years back. The sale sign was taken down due to the low SP and the fact that exploration companies were out of favour at that time. See below:
https://www.lse.co.uk/rns/CNR/termination-of-strategic-review-and-sale-process-n7l51asyqmucm3n.html
God, how long have we waited for days like this. Many more please!
This morning there were posts stating the difficulties in purchasing small amounts of shares, and that was with no RNS dropping. Imagine what will happen when we get news that a 2nd hand plant has been acquired and we are moving from explorer to producer!
I wasnt suggesting the minimum would be lower I was thinking it was too low! The fact is non of us know what his minimum target is. GLA