CDB condor blanco mines limited

q&a, page-63

  1. 3,137 Posts.
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    Funny thing about this is we have a 2.2c sp making the MC a basement ~$3.7m....

    I think punters may see the increase to the sp and think I'm overpaying...but look at the trading history of this stock. We're at near rock-bottom!!

    So there's little chance to see it drop and the greatest of chances to see it continue a steady rise as the news comes in.

    I would think a MC of around $6m would be more appropriate once the finance is understood and any indication of timing to production.

    Jaz
 
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