CND condor energy limited
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Long term potential, page-2

  1. bond00what
    2,206 Posts.
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    08/11/20
    21:01
    Post #: 48723097
    did a quick onceover:

    2 corporate loans toother parties dont look like being repaid
    Management triedselling off their main asset EP127 - shareholders rejected the sale
    Now mgmt decide toexplore it - include a massive 5.5m asset impairment recorded on balance sheet
    Track record ofissuing shares, diluting holders value and wasting equity

    Only thing going forit is its cheap, has 1.1m cash + the 20% in Goshawk (who in turn have a 20% JV with Squadron(aka twiggy forrest) SGJV - Squadron Goshawk Joint Venture )

    653,618,972 SOI @ 1c = 6.5m MC
    GLV Price at posting: 1.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch. 1  Great analysis
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-0.001(4.76%) 		Mkt cap ! $14.33M
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Last trade - 11.22am 12/02/2026 (20 minute delay) ?
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