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Condor Gold boss eyes at deals at asset level

Condor Gold (LON:CNR ) CEO Mark Child tells Proactive Investors that since there is a discrepancy and undervaluation between their key asset project in Nicaragua and the firm's market cap, the firm is trying to get keen parties interested at the asset level.
"We might sell a portion of that asset to realise that value, or do a deal - an earn in - at the asset level, rather than at the plc level" he said. 

Child said the firm scrapped plans to find a buyer in January citing the heavy drop in the share price since it started the process last September. "Our timing in terms of the gold market was wrong" he said.

Quick facts: Condor Gold PLC


Price: 39.9999 GBX

Market Cap: £53.97 m

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Condor Gold reveal details of 'very successful drill programme' at La India...

Condor Gold PLC (AIM:CNR, TSX:COG, FRA:W5XA, OTC:CNDGF) (AIM:CNR, TSX:COG, FRA:W5XA, OTC:CNDGF) (AIM:CNR) Mark Child joins Proactive London to talk about their 'very successful drill programme' at La India project in Nicaragua.  All the assay results from the starter pit, part of the La India...

on 19/8/21

2 min read