CDB 0.00% 0.9¢ condor blanco mines limited

Well ST all dependent on that Debt funding being finalized so...

  1. 1,514 Posts.
    Well ST all dependent on that Debt funding being finalized so they can get the ball rolling on their various projects. Key will be what the terms of the loan will be a few posters on here have seem to overlooked this important factor... ie how much Condor have to pay back in interest and time frame etc. Obviously that is something that will have huge implications in the ST. mid - long term if they can get some cash flow happening on at least one of their projects then its all about how they service the debt and still have enough cash left to further expand/develop their projects. So still a big punt at this stage just like all penny stocks, despite all the fanfare it has received over the past week.
 
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