Condor Gold (GB:CNR) has released an update.
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Condor Gold has reported significant progress in selling its fully permitted and construction-ready gold mining assets, with 11 companies under nondisclosure agreements, five non-binding offers, and three site visits completed. Despite the sales process taking longer than expected, the company remains optimistic due to high gold prices enhancing the project’s economics. The Board is actively discussing with three gold producers, including a preferred bidder, and believes they will reach a binding agreement.
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