CDB 0.00% 0.9¢ condor blanco mines limited

playing with themselves, page-16

  1. 1,315 Posts.
    lightbulb Created with Sketch. 1
    Sorry for wrong thread post... idiotic.
    CDB represents a great buy.... but always have.
    The assets are great.
    Just managements repeated promises for future delivery of something that has been my concern.
    Today it should be worth close to what could be loaned to them 10 mil euro. But its not money in the bank right now and mr darby does have a credibility issue whether some want to acknowledge that or not.

    That being said... The Duel is a company rerater. Plus gold and molybdenum. Marianas should service debt. But I think the 10 mil euro is at 10-15% which will require rapid pay back... I still think better than dilution as the company is accountable for figures per quarter compared to taking the easy road of issuing more stock.

    Righ now today... fair value.. or just shy.
    Once money (real money) is in the bank and we progress... who knows?
    But 3-5c will be history on fundamentals alone.

    Anyway. My opinion only and ive had a few laphroigs. I said I wouldnt poat whilst consuming my peaty friend as I make less sense than usual.

    Cheers Rocky. Always a pleasure... Mitz
 
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