CDB 0.00% 0.9¢ condor blanco mines limited

News would expect about fund. condor will be able to move the...

  1. 192 Posts.
    News would expect about fund. condor will be able to move the marianas project into production and generate cash flow in the near term. cdb have not be make any cr anymore. no further dilution of shareholder value if they use the money carefully...

    the coal acquisition (Duel / Universal Annex / Mopane) will be a next major step to move the company forward. the "universal annex project" lies next to Universal Coal plc' project "Berenice /Cygnus.

    Berenice Project:

    Coal resource
    1.35Bt Gross in-situ measured (424.9 Mt), indicated (800.9 Mt) and inferred (124.3 Mt) resource

    Product
    Coking and Thermal coal

    Project Highlights
    1.35Bt ***JORC-compliant*** resource

    424.9 Mt Measured, 800.9 Mt Indicated and 124.3 Mt Inferred

    Coal Zones: shallow, consistently developed, coking coal and thermal coal

    look at the bigger picture !!


 
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