Member Info for norville

It's bonkers isn't it. $35.75m/1.3(FX)*50%(share)*70%(net of tax/costs)/1*10^9(shares in issue) ~ 1p/Share. That's a~16% yield at 6p...

Panmure Gordon may have to increase their target price quicker than they thought then...

I'm slightly loathe to answer that question. Everyone has different priorities in terms of risk/reward, income/growth, time horizon, entry points etc. For what it's worth my largest position is currently in aau but I'm very bullish on gold generally and I think many firms will do well.

Err perhaps I worded it harshly but that's a leap... I wasn't alluding to his salary/fees. However, over the years I haven't been overly impressed with the discount given on some placings (the last one a case in point) coupled with further sweeteners in the form of discounted warrants. And in a similar vein when the annual options have had a strike price in or near in the money. Should be an incentive not a freebie imo. But it was a throwaway line, there are bigger things to worry about. I just want him to use that brain which understands the markets (listen to his response to the TSX question) to generate the best return for us now there's a following wind.

Some interesting videos over the last week. He still seems more confident talking about stockbroking than mining!

I've lost some of my enthusiasm for this company over the years. I have a reasonable holding but there are now other gold miners in my portfolio that I'm far more excited about. I still think there is a lot of upside here but Mark needs to pull his finger out. We're out of the bear market. He should stop skimming more than he should off the top and create some shareholder value! This is his moment to shine! Despite his words I still very much get the feeling if the right offer came in he'd sell the project and perhaps that's why he is avoiding commiting to a strategy. This would be my preferred outcome at any rate.

It's all in the RNSs e.g.

https://www.lse.co.uk/rns/CNR/holdings-in-company-bo6tqlkjh8qk71u.html

He wasn't a director at that point mind.

The poster was called harebridge. Mellon sold into the rise from 0.5p to 10p but not out completely.

Looks like it finished on a high too. 4.7 paid.

Nice little rise today. Getting offered 4.6p to sell. Looking good for next week.

Not overly impressed with the placement. Selling seen over the last couple of days is a little suspicious.

But it should bounce from here.
Getting quoted 42.4 to sell and 42.3 to buy?!?!? Never seen that. Totally nuts.

quite a nice summary from a couple of months ago.
https://www.youtube.com/watch?v=nn7AemfBrZo&feature=youtu.be

Well this is fun. So the re-rate is finally underway. It's going to be a big year for Condor I feel. It's going to transformational for the company one way or the other.

Slowly but surely. 4p is an inevitable exit point for some but nice to see those buys keep coming in over 4. Still somewhat under the radar I feel but as someone pointed out on ADVFN we have recently gained a MM which is a good sign. Should help with liquidity.

Good day today!

Joe, I've held Condor shares for 10 years (and Ariana for 5 years). Yes it would've been better to get out before the almighty bear market. Progress has been slow but steady over that period and they are a different prospect today in the current climate.

Ariana are ticking along nicely. So much potential. I could see myself being invested another 10 years while it gets unlocked. Lots of interesting information on this board. Thanks.

Interesting question. I have large (for me) positions in both AAU and CNR. Both great prospects imo.

Is it not a question of scale and time horizon? It's now a near certainty there will be a mine at La India whether it is CNR or a.n. other who build it. They are looking at scenarios up to 120k Oz pa and are permitted to do so. Although they will likely start smaller and are looking at toll mining with Calibre to bring cashflow forward. There is also the very real prospect of a takeover.

Mark Child used to be a stock broker and work for Jim Mellon. Helps with getting the funds interested I would think.

Nice to see the condor flap its wings. Hopefully it will take off soon ...

Xaviers_B, I fail to see why you are still invested in FML if you feel this way. If you've been here three years, you are in profit so sell up, quit your vitriolic bile and move on. By the way, you are right about management and I too share your frustration having been invested here a number of years... ... but they are based in Kazakhstan. If you didn't expect delays, corruption and incompetence then you are extremely naive. Move on, there are plenty of better opportunities and it will do your mental health wonders.You are clearly not cut out for this game... Good Luck