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3.1¢ condor energy limited

Ann: Clarification - Terms of Sale of Southern Georgina Project, page-21

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debono

23,153 Posts.

827

04/12/19

13:39

Post #: 41790154
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Originally posted by debono ↑

Pretty much the same. Got a few at .001 but mostly .002. Hard to see the SP not being north of 1c sometime over the month to 6 months (assuming deals get signed off). Therefore 5 bag + potential seems a pretty good risk/reward.
Once the Westmarket deal gets completed then the $1m cash adds some flooring to the share price. The $3m shares is an interesting one. Will they be escrowed?
There is a 1% royalty for petroleum however reading the announcement again it would appear the major interest is in Helium?
I guess this is the side play which is providing additional capital for further O&G purchase opportunities.
Will be interesting to follow Westmarkets IPO success. They need something tangible I would think to get LSE listing and I am not sure that end Jan is achievable? Who are behind Westmarket?

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GLV Price at posting: 0.2¢ Sentiment: Buy Disclosure: Held
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No.	Vol.	Price($)
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Price($)	Vol.	No.
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