Member Info for poloshirt

I would take money off the table at 100 percent. There's no reason behind the SP rise today. This share is like a trap at times.

I get regular RNS updates from across the FTSE notifying of mergers and acquisitions and it has been very quiet the last two months.

Maybe some potential condor buyers are waiting to see what happens in the markets before putting in a binding offer, still a lot of uncertainty over inflation. Calibre have discovered some new high grade veins near their existing site, a deal from Calibre including paper could be a good result. GLA

Who knows where this goes from here? For LTHs surely you need to inflation adjust your averages.

I still think a sale could be on the cards and may load up. We are coming up to the anniversary of DDay and MC with his gurka background may finally liberate his LTHs. If I were a LTH I would just load up. I'd rather die climbing the cliffs than being cannon fodder on the beaches!

Re big jim takeover I think it a possibility. In old English public school style he could even takeover the whole of nicaragua with Nigel Farage and Mark Thatcher and a small band of special boat service troops with MC assassinating the president with a poisoned onion.

This share will keep dropping until Big Jim liberates the people!

Maybe you are right that the US won't interfere with a US buyer, but Biden has form in stirring up international relations to play to his domestic voting public. Look at how he acted when he came over to Ireland, for example, largely shunning the British and almost doing a jig in an Irish pub.

It's a small risk I agree but a risk nonetheless esp as Ortega continues to lose his marbles.

Would the US government even allow a US company to buy condor given the sanctions? Joe Biden needs to be mindful of the US catholic vote and Nicaragua is persecuting the church there.

Jim Mellon sold polo resources some years back for a bundle but then the buyer had to write off the investment.

So I imagine there is a lot of double checking in the condor data room.

At this stage condor probably still a strong buy esp in the 20s. I'm sticking with my 55 to 65p estimate.

If it dips to 25p I will be buying.

The downside is if nothing happens and plan b needs to be activated in which case the sp could return to 15p.

I hope big Jim is taking his life expectancy enhancement vitamins! We could all be a lot older by the time this sale gets over the line.

Down 8 percent in a morning. Ouch!

No he has to keep quiet until a binding offer is made. I wonder, can someone put in a binding offer at a lower value than the non-binding offer they had earlier made!

Complete speculation on my side (whats new!) but on yesterday's presentation, MC seemed to get animated when he started saying that Big Jim is very wealthy and not going to let this go for nothing.

Suggested to me all the non-binding offers are on the cheeky side and MC is getting fed up of being between the bidders and Mellon's respective valuations.

The strategy must to be to get one of the bidders into a competition with Calibre, and so far, it doesn't sound like they are biting.

I got this wrong I thought the floor would be 30p but looks like somewhere in the mid 20s.

Let's face it the crazy old president in Nic isn't helping things. He kicked out the Pope, and now he has kicked out the Red Cross for helping dissenters his police shot. Some of the buyers must be thinking if El Presidente continues to lose his marbles then anything is possible.

MC didn't sound jubilant that's for sure. Esp compared to mid March.

The market will be waiting to see what happens, if anything, with the warrants, only a few days left now. I imagine they will be extended, but who knows.

MC says JM will not let this go for nothing. MC still thinks it will be sold. But discussing potential Plan B. Sounds like the non-binding offers are not high enough.

Just the same presentation as Mark gave at Master Investor last month.

It's dragging on. Condor will be sold by the time this bleedin webinar ends!

You don't have to pay taxes if you invest in Big Jim's companies as they generally only lose money!