Allhasf - You need to understand that drilling and exploration both cost money. The real challenge for ASX listed junior explorers is to make it to the production stage with minimal dilution for shareholders. I've seen a lot of companies make it to this stage, but with too much dilution. Having said this, I don't think that Condor is one of these. With the Marianas project having an offtake partner and financing committed / in process, its not going to be long until CDB has a cash flow project. The beauty of this is that once the company has some cash flow coming in, they can use this to fund further exploration, i.e. greater blue sky upside exploration for shareholders.
IMO long term CDB holders will be rewarded.
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