RE: Condor AGM17 May 2019 14:39
Cnr dropped from 58p to 40 p in days just over a year ago.not saying the wider market is unrelated ,just became a perfect storm for lack of a better word.in the last 6 months we have had a couple of large investors bail pushing the sp to half again.lack of funding clarity and a small timescale will I think hold the sp back until our mine finance is clear.
Although we are to start mine construction in 9 months does anybody know what happens if we cannot start on time.I imagine permit extensions may need applying.I doubt that it puts the concession in jeopardy.would be good to know definitively though.
I decided 9 months ago to buy into producers so that I will directly benefit if we have a gold bull run.like you I do think it a good possibility.aaz has doubled in that time shg up 30 pc and Cey treading water.as hv says there are many possible issues before full ,profitable production,as hum shows. It may well take a couple of years of full production and the possibility of dividends before good value is forthcoming. If there isn't a toll deal it is likely to hit confidence further.Unless there is an approach which is possible.
Hold for me but need to know the next stage