"Condor is in the process of securing debt funding by providing our Marianas project and the resultant cash flow as security for this debt"....
Debt funding announcement approval imo will be the catalyst after further reading the report as they will receive the funds on the basis of obtaining a short term cash flow as security........
Still confuzzled about the actual agreement of 83M shares a little and also the coking coal projects seems like a rip off.... paying $5m to drill out an area which only has 3 holes drilled and near by areas?....
CDB Price at posting:
0.5¢ Sentiment: None Disclosure: Held