Member Info for SurreyNot123

Mellon will persist in throwing down in the absence of a deal. The value of the project is simply too high.

He didn't get to where he is by not being shrewd.

I understand that the current SP is not acting as a base or consideration AT ALL for the sale process. The guys are only considering fair value/NPV as a benchmark/platform for negotiation - which is the absolute best approach.....IMHO. ;)

IMHO...

Again doesn't make any sense in the context you've used it there :D

We all will be.

And my SIPP will be all the better for it. Looking forward to the other side of this - I am very shocked at Hannam's lack of ability to bring anything to the table through this process I have to say.

One would think that the King of Mining would have had a bit more clout to get this steal of a project wrapped up.

The only blocker I believe is ?s over political stability of the region, which is overly priced into SP.

Also I do note Jim's been hands.off other than for financing, which does continue to be a surprise to me

And I'm massively pro CNR!!!

I've had some dialogue over mail, but the market comms I admit are really poor.

Hang in there!

You've got Mark and Verity's email.

Just email them.

Or chill out.

The frustration does indeed persist, but it's just a sale and will come good.

Sale will be made.

I don't think "imho" works after that sentence.

I think we're all confident that the passage of time is indeed fact. BUT, still admire the contribution!

Morning all. Another day in the waiting room.

Yea that's a deep cut! If it's any consolation, I have received similar feedback, and as such, am just being completely patient. As our late, significant investor would have said "current MCAP is completely irrelevant. Daily fluctuations are meaningless - everyone just needs to be patient".

This isn't a traditional value growth organisation any longer - it's the opportunity to get in on an asset sale, cheap. Therefore logically speaking if the sale price exceeds mcap - guess what happens to the price of your shares!

It's impossibly simple, the muddied by frustration.

I'm excited- as you should be.

Oh and by the way, my average is way above these levels. Big Investor's is much less, but he was and is still underwater at these levels, though in a much better position than I as he could average down at JM's 15p special price point.

Annoyingly for me, to the tune of about 5million shares.

That would be the non binding offer process.

We're beyond that stage.

Ding ding ding.

Do yourselves a favour and run for the hills

I got out ov VAL yeeaaars ago. I'm frankly really shocked it still exists - you do know this is just a rinse and repeat firm, by the way? It's a roulette table - the BOD know it.

Classic Dilly - at it again lol

This month formal offers closed. Early Feb, sold.

Latest tweet is poor turn of phrase.

I AM hoping this is the a faux pas on Adelaid Capitals part, and not a "well we told you so. " for when we're having the same discussion in September. ..

Slim take a day off, for your own sake.

Condor will come good. Everyone knows it - and the fact the investment is rooted (literally) in an asset we know to exist is the inherent derisk.

Remind yourself why you made the investment in the first place. Focus on NPV of the asset (many multiples of our current price), and be patient. Fluctuations in the SP are so inconsequential for Condor, it's almost not worth looking at.

I get the impatience, but hold off for a while longer, and Try to relax. As I've said before, our stake here is significant (single percents, still, but significant), and we have little concern.

Down 21% in last 6 mos?

A significant holder of CNR, who has posted on this board with relative consistency over the past couple of years, has very sadly passed away.

They were a firm believer in Condor Gold, a follower of JM and an excellent shrewd investor in their own right.

The amassed shares, of which I know the quantity and value (multiple-millions, in both regards), will continue to be held fast and tightly until such time the sale is announced, and Condor Gold's potential is finally realised.

I'm deeply saddened they will not see this investment through, as where many of us have wavered and there's been blood in the streets, this individual has continued to buy.

God speed to the board of directors, god speed to the long termers - let's bring this thing home.

After checking in on advfn, it's clear the acceptable price amongst PIs is now in the 30p range, vs £1 + from 24 months ago.

Perhaps a cyclical rotation of holders, but to my point, it dies make you wonder what BOD's game is. Average down as much as possible, anyone caught over 35p can swivel.

Like I previously said - triple bag plus required to break even here. I refuse to put more money into Condor at this stage (probably in spite of myself) - Mark and Jim have shown way too much disdain for LTH's for me to justify it! Where it's nice of Jim to mark his own "bottom" at 15p, its clear he's just going to fill his boots to drop his average. He fails to see that the avg PI doesn't have infinite funds to adopt his strategy.

To me, that just seems like a slap in the face for everyone that's held fast for the last ten years.

I've got nothing friendly to say, so will take dictum's advice and pipe down. In the mean time, no. I am not impressed with the BOD - let's see if the price they land offers any redemption.