Recent Condor CEO phase 2 Sale Update and Jim MellonThis is about 6 mins and in it, he talks about a Chinese team coming over and spending 8 days on site. He said that was the first global gold mine they have looked at in 3 years due to covid travel restictions. It looks to me that Condor is just pulling out of Nicaragua not selling the company. The Sale announcement times with the recent sanction scare. Personally, I would like to see a private Chinese gold company buy Condor. I think it would somewhat lesson the country risk.
Condor Gold into "phase two" of La India sales process - YouTube The contollling stockholder/director (19%) is Brit Billionaire venture capitalist Jim Mellon. If you google him, you will see a number of video's where he is referred to as a "Master Investor" and frequestnly is asked to speak.
I would think he is key to this call to sell the turn key package in Nicaragua. Below is a link for an interesting but long weekend view in one of Mellon's Master Investor series, done in Sept where he starts out making a case for gold and various ways of investing in it and goes into some depth and it ends with the Condor CEO making a somehwat compelling case for Condor.
So, it is somewhat puzzling to me why being so close to production of a very long project, that just want to pull out other than Mellon surely was heavily involvied in the decision.
Master Investor Sector Focus: Going for Gold - Bing video