Condor Loan15 Nov 2024 16:06
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Condor Gold receives £475,000 in loan funding from Galloway
Published: 15:21 14 Nov 2024 GMT
Written by: Philip Whiterow
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Back to CNR,
UK
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Condor Gold receives £475,000 in loan funding from Galloway
Published: 15:21 14 Nov 2024 GMT
Written by: Philip Whiterow
About this content
Can someone comfirm that the recent loan with major shareholders Galloway for up to £475,000 because
Isn't Galloway owned by the Burnbrae Group which is owned by Jim Mellon, Condor's chairman? Is there anything strange with that?
The loan charges 20 percent interest so isn't it in the company's interest to sell assets quickly to pay off this loan?