Member Info for nero120

Thankfully we're not getting schwacked again like Calibre did. Ouchy.

Haha we've been in a bear market here for eleven years!! These snowflakes that only know CB-supported rising markets are about to get a lesson in reality - I hope they've got something very stiff to add to that hot drink!

No no, Biden became compos mentis for a brief moment and realised that Condor were on the cusp of success after a long, painful bear market and decided that just wouldn't do.

Wonderful. I'm switching off, can't watch this crap unfold.

At least there are buyers at this price, back to 28 now.

First tick up from 27.50 to 27.75, come on buyers snap up a bargain!

https://i.postimg.cc/nhq7nvGB/bfm114B.gif

Just can't get a break can we.

Simms and his shares!! Now the chairman and the CEO hold 20% of the outstanding shares between them.

Very positive move, things are happening.

Yes could be ICB. I think it's smart to have multiple strategies in play, one of them will come off I'm sure - hopefully whatever it is will involve minimal dilution!

There's very little volume so the MMs can manipulate away. Hopefully once news of financing is release volume will increase and the MMs will be forced to up the bid. If we get news of a major investing a few mil here then that would really get things moving. For now we're still playing the waiting game...

DDD the share price dropped 10% yet less than 150k shares traded. If they are attempting to fill a large order then they won't manage it under 30p!

Technically we're bouncing up against 200DMA resistance @ 29p.

Very interesting! So the delay was due to a low initial metallurgical recovery rate of 85%. To be honest I'm glad they took the time to have it retested, 91% is far better!

Great presentation! Bring on financing!

Thanks DDD, great numbers and agree with your points. Well done Mark and the whole Condor team on getting the BFS out!. However we won't know what share price we can reasonably expect until financing is announced which I really want to see announced shortly and mine build commencing this year, no time to lose!

Tester interesting, you might be right. I would at least like to see some drilling to bring the resource up to 3m oz whilst the build is ongoing, that should not cost too much in the grand scheme of things.

Punter because otherwise that means we won't get any resource expansion until 12-18 months of build time plus production ramp up + drill time + results processing!

Alternatively, we raise a little extra capital from debt (what's another $20m when we're raising $150m?!) to fund a drilling program that can be done in parallel to mine build, meaning that in 12-18 months we have a producing mine AND 3-5m oz inferred resource!

sj74 agree 100%. The big news is not the BFS it is funding IMO. I want to see funding secured for the mine build this year which will tell us how much dilution we will suffer, as well as how much extra working capital we will have to continue drilling and resource expansion.

I will be disappointed if MC hasn't planned an aggressive drill program to be executed whilst the build is ongoing, and funded out of debt raised for the mine build!

Agree 100%, welcome back to the condor party barnard!

@ICB888 https://minesandmoney.com/online/