Condor Gold plc said that there was still substantial interest, with one preferred bidder, for La India open pit in Nicaragua.
CONFIDENT
Currently 11 companies are under non-disclosure agreements, five non-binding offers have been received and three site visits completed.
Condor added it had received an “additional formal expression of interest” in the past three weeks.
Chairman Jim Mellon said that discussions with one gold producer had ended.
“The company is now focused on active discussions with three other gold producers, one of which we consider the preferred bidder.”
He repeated his previous words from July 2023 that the board remained confident of reaching a binding agreement.
The company also repeated that there was no guarantee of a sale.
La India was placed on the market in November 2022.