Child says that around ten companies are currently under NDA with access to Condor's data room, but that the sales process is taking "slightly longer" than the company anticipated but there is a "revolving door" of interest in the mine.
He lays out the investment case, highlighting that Condor has meticulously de-risked the project and owns 100% of assets, making it an attractive proposition. Regarding the valuation of the mine, Child says that company Chairman
He also says that while the company has plans in place for all kinds of contingencies, the main objective is selling the assets as Condor isn't geared for in-house mining operations.
+44 20 7989 0813
Copyright (c) 2023 TheNewswire - All rights reserved.
Copyright (c) 2023 TheNewswire - All rights reserved., source