CDB 0.00% 0.9¢ condor blanco mines limited

funding commitment , page-6

  1. 3,448 Posts.
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    Good to know we have $5mil available if needed.

    But the deal with lacerta means they are up for all production costs for a slice of the profits and they have a pretty tight window to ramp up production once approvals received.

    So with a bit of luck that $5mil may never be needed, on the positive having that available means we can play hard ball with lacerta regarding profit share having a means to move forward under our own steam if required.

    Very good indeed.
 
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