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NEO Neo Energy Metals Plc

0.55
0.00 (0.00%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Neo Energy Metals Plc NEO London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 0.55 08:00:00
Open Price Low Price High Price Close Price Previous Close
0.55 0.55 0.55 0.55 0.55
more quote information »
Industry Sector
GENERAL FINANCIAL

Neo Energy Metals NEO Dividends History

No dividends issued between 24 Apr 2014 and 24 Apr 2024

Top Dividend Posts

Top Posts
Posted at 30/1/2024 15:39 by andrbea
on X


NEO Energy Metals
@NeoEnergyMetals
·
8h
💥Henkries #Uranium Project 💥
The mine, is an advanced and near term, low-cost project capable of an accelerated development and production timetable.

interview: [...]
Posted at 23/1/2024 16:20 by andrbea
Quinton's comments Nov 13 2023

Re ska and neo. Ska: annoucements soon, bankable projects have been identified.
Neo: to start too in 2024.
Posted at 18/12/2023 11:38 by whoppy
POW went up 45% based on nothing other than some uranium readings in the ground at 250m depth. NEO have 4.7MLbs at surface, 5-8m depth, and currently expanding the mineral estimate with drilling in January. This is well below 1.25p placing price and absolute bargain. Will be share of 2024 based on Uranium prices and the expansion of the resource at Henkries. Only Uranium miner on the market with an actual mine and near term production. POW and others are years away from getting any revenue. NEO is low cost and fast track. Buy it sub 1p while you can.
Posted at 01/12/2023 12:13 by whoppy
Another RNS about expansion drilling.

1 December 2023

Neo Energy Metals plc

('Neo Energy' or 'the Company')



Resource Expansion Drill Program Tender Underway



Neo Energy Metals plc, the near term, low-cost uranium developer, is pleased to announce that it has commenced the tender process with a number of short-listed South Africa based drilling contractors for a major resource expansion and resource upgrade drill program ("Drill Program") to be completed at its advanced Henkries Uranium Mine ("Henkries") located in the Northern Cape Province of South Africa.



OVERVIEW

· Tender and enquiry documents issued to a number of short-listed South African based drilling contractors for the planned resource expansion and resource upgrade drill program

· The Drill Program aims to increase the existing JORC Code 2012 compliant Mineral Resource of 4.7 million pounds ('Mlbs') of uranium

· The Drill Program will comprise of approximately 6,500m of aircore drilling

o 350 drill holes with an average drill hole depths of between 15m to 20m

· Infill drilling and resource expansion drilling will be completed on both the Henkries Central and Henkries North deposits which extend over 6km of the 37km defined paleochannel that hosts the uranium mineralisation

· On the 6km strike length of the Henkries Central and Henkries North deposits, approximately 2,000m of infill drilling will be undertaken at drill spacings of 100m

o The aim is to upgrade the resource category to a Measured status

· A further 2,000m of resource extension drilling will be completed on this 6km of strike length at drill spacings of 200m.

o The aim is to increase the existing JORC Code 2012 compliant Mineral Resources by targeting potential extensions to the existing Henkries Central and Henkries North deposits

· An additional 2,500m of exploration drilling is planned for Henkries South, which offers significant potential for an increase in JORC Code 2012 compliant Mineral Resources

o Extends for over 25km of the 37km defined paleochannel that hosts the Henkries Central and Henkries North deposits

· The appointment and mobilisation of the drilling contractor is expected in early Q1 2024

· The Drill Program is scheduled to commence in Q1 2024 and is expected to be completed by early Q3 2024

· Recently appointed Regional Manager, Mr Cloete will oversee the resource expansion drill program and has already mobilised to site to commence the necessary site preparations



Neo Energy CEO Sean Heathcote said,

"We are now issuing a series of tender and enquiry documents as part of our strategy to accelerate the mine development of our Henkries Uranium Project.



"Over recent weeks I have been working with our new Regional Manager, Jerry Coete, to advance discussions and making preparations for the resource expansion drilling contract. Our plan is to appoint and mobilise the drilling contractor early in the New Year with the infill and exploration drill program commencing in Q1 2024 and completed in early Q3 2024.



"We are confident that we are able to increase our JORC Code 2012 compliant Mineral Resources to over 10Mlbs of contained uranium through this drilling program. This will underpin and further strengthen the attractiveness of the Project and its underlying project economics.



"We look forward to appointing the drilling contractor shortly and providing further updates on their progress at Henkries in early 2024."



DETAILS

The Company is focused on fast-tracking the development of its advanced Henkries Uranium Project ('Henkries' or the 'Project') towards production having raised £5.4m and re-admitted its shares to trading on the Main Market of the London Stock Exchange in November 2023.



Henkries, a 742km2 uranium project in the Northern Cape of the Republic of South Africa, has a current estimated mineral resource of 4.7 million pounds ('Mlbs') of uranium and has been subject to extensive historical exploration activities as well as a feasibility study ('FS'). Utilising historical data and newly generated data from the planned drilling programmes, Neo aims to increase the Mineral Resources Estimate ('MRE') to +10Mlbs contained uranium, update the FS, and move to mine development decision as soon as possible.



Henkries includes two key deposits; Henkries Central and Henkries North, and an advanced exploration target at Henkries South. Infill drilling is planned to increase the mineral resource base, with explorations drilling to test all potential extensions to the existing Henkries Central, as well as at Henkries North. Additional exploration drilling will be undertaken at Henkries South, which offers significant potential for an increase in project resources, extending over 25km of the 37km defined paleochannel that hosts Henkries Central and Henkries North resources.
Posted at 10/11/2023 18:03 by hedgehog 100
LSE % Gainers
Top Lists
EPIC Name %
GST Gstechnologies +73%
NEO Neo Energy Metals +29%


So NEO has finished its second day of trading today as second on the top risers board: closing at 1.125p (1p - 1.25p) for the weekend, a rise of 0.25p (28.57%).

ADVFN is showing volume of 14,235,937 shares traded, but that doesn't include these three huge late-reported trades at prices of 0.972p or less:-

Recent Share Trades for Neo Energy Metals (NEO)
Date Time Trade Prc Volume Buy/Sell Bid Ask Value
09-Nov-23 16:34:49 0.9072 7,176,449 Unknown* 1.00 1.25 65.10k O
09-Nov-23 12:20:15 0.75 5,000,000 Unknown* 1.00 1.25 37.50k O
09-Nov-23 12:20:34 0.751 5,000,000 Unknown* 1.00 1.25 37.55k O
Posted at 10/11/2023 11:21 by hedgehog 100
10/11/2023 07:00 UK Regulatory (RNS & others) Neo Energy Metals PLC Subscription Raises GBP500,000 LSE:NEO Neo Energy Metals Plc

"Neo Energy Metals plc, the near term, low-cost uranium developer, is pleased to announce that it has raised GBP500,000 by way of a Subscription, through the issue of 40,000,000 new Ordinary Shares of GBP0.0001 in the Company (the Subscription Shares") at a price of 1.25 pence per Ordinary Share. This is in addition to the share placings described in the Company's prospectus published on 2 October 2023 and First Day of Dealings RNS announced on 9 November 2023.

Application for the Subscription Shares to be admitted to trading on the Main Market of the London Stock Exchange is expected shortly.

Following admission of the 40,000,000 Subscription Shares, the Company's issued share capital will consist of 1,256,371,468 ordinary shares with voting rights. No ordinary shares are held in treasury at the date of this announcement and, therefore, following admission of the Subscription Shares, the total number of ordinary shares in the Company with voting rights will be 1,256,371,468.

The above total voting rights figure may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in the Company.

Neo Energy CEO Sean Heathcote said, "The additional placing of GBP500,000 underlines the potential of the future of Neo Energy Metals plc; demand for shares in the Company continued post the publication of the prospectus and demonstrates strong investor confidence in the business model, the assets, and the future prospects of the Company.""
Posted at 09/11/2023 17:57 by hedgehog 100
A busy first day of share dealing for NEO:-
Volume of 20,694,990 shares traded: that's 1.7% of the shares in issue.

Though the NEO share price has closed at 0.875p (0.75p - 1p), down 0.5p (36.36%) from STHP's suspension price of 1.375p.

But it's not surprising to see significant selling after a multi-year share suspension, as I posted on the STHP thread last week:-

Hedgehog 100 3 Nov '23 - 13:54 - 123 of 133 Edit 0 0 0

"29/08/2017 11:06 UK Regulatory (RNS & others) Stranger Holdings PLC Possible Acquisition and Suspension of Listing LSE:STHP Stranger Holdings Plc


Yes, STHP has been suspended for over six years & two months.
(Time obviously flies when you're enjoying yourself!)

In that period of time some shareholders could potentially have gone bankrupt or died etc., so shares could potentially just be dumped without any consideration of value etc. ..."




Recent Share Trades for Neo Energy Metals (NEO)
Date Time Trade Prc Volume Buy/Sell Bid Ask Value
09-Nov-23 16:24:05 0.81 1,000,000 Unknown* 0.75 1.00 8,100 O
09-Nov-23 16:22:20 0.887 500,000 Buy* 0.75 1.00 4,435 O
09-Nov-23 16:18:44 0.8875 500,000 Buy* 0.75 1.00 4,438 O
09-Nov-23 16:17:58 0.875 500,000 Unknown* 0.75 1.00 4,375 O
09-Nov-23 16:12:43 0.80 650,000 Sell* 0.75 1.00 5,200 O
09-Nov-23 16:12:36 1.00 250,000 Buy* 0.75 1.00 2,500 O
09-Nov-23 16:05:27 0.77 500,000 Sell* 0.75 1.00 3,850 O
09-Nov-23 16:03:42 0.85 500,000 Sell* 0.75 1.00 4,250 O
09-Nov-23 15:20:27 0.822 182,481 Sell* 0.75 1.00 1,500 O
09-Nov-23 15:18:03 0.833 238,191 Sell* 0.75 1.00 1,984 O
09-Nov-23 15:07:05 0.85 27,312 Sell* 0.75 1.00 232.15 O
09-Nov-23 14:43:54 0.80 250,000 Sell* 0.75 1.00 2,000 O
09-Nov-23 14:23:26 0.83 250,000 Sell* 0.75 1.00 2,075 O
09-Nov-23 14:17:19 0.9025 500,000 Sell* 0.75 1.25 4,513 O
09-Nov-23 14:01:47 1.01 30,446 Buy* 0.75 1.25 307.50 O
09-Nov-23 12:52:34 1.01 1,000,000 Buy* 0.75 1.25 10.10k O
09-Nov-23 12:47:28 1.01 3,000,000 Buy* 0.75 1.25 30.30k O
09-Nov-23 12:47:28 1.01 -1,000,000 Unknown* 0.75 1.25 -10.10k O
09-Nov-23 12:47:28 1.01 1,000,000 Buy* 0.75 1.25 10.10k O
09-Nov-23 12:09:27 1.00 100,000 Sell* 1.00 1.25 1,000 O
09-Nov-23 12:04:45 1.00 400,000 Sell* 1.00 1.25 4,000 O
09-Nov-23 12:02:23 1.01 1,000,000 Sell* 1.00 1.25 10.10k O
09-Nov-23 11:57:49 1.01 1,000,000 Sell* 1.00 1.25 10.10k O
09-Nov-23 11:57:49 1.01 -1,000,000 Unknown* 1.00 1.25 -10.10k O
09-Nov-23 11:57:49 1.01 1,000,000 Sell* 1.00 1.25 10.10k O
09-Nov-23 11:55:33 1.00 500,000 Sell* 1.00 1.25 5,000 O
09-Nov-23 11:54:50 0.9999 500,000 Sell* 1.00 1.25 5,000 O
09-Nov-23 11:53:19 0.9999 500,000 Sell* 1.00 1.25 5,000 O
09-Nov-23 11:26:19 1.00 100,000 Sell* 1.00 1.25 1,000 O
09-Nov-23 11:07:05 1.00 500,000 Sell* 1.00 1.25 5,000 O
09-Nov-23 11:03:38 1.01 198,019 Sell* 1.00 1.25 2,000 O
09-Nov-23 09:53:30 1.02 250,000 Sell* 1.00 1.25 2,550 O
09-Nov-23 09:30:13 1.04 100,000 Sell* 1.00 1.25 1,040 O
09-Nov-23 09:29:03 1.024 48,410 Sell* 1.00 1.25 495.72 O
09-Nov-23 09:28:56 1.024 16,238 Sell* 1.00 1.25 166.28 O
09-Nov-23 09:27:55 1.0275 17,273 Sell* 1.00 1.25 177.48 O
09-Nov-23 09:26:24 1.0275 29,213 Sell* 1.00 1.25 300.16 O
09-Nov-23 08:51:18 1.0325 40,000 Sell* 1.00 1.25 413.00 O
09-Nov-23 08:45:49 1.0375 94,759 Sell* 1.00 1.25 983.12 O
09-Nov-23 08:41:02 1.05 472,688 Sell* 1.00 1.25 4,963 O
09-Nov-23 08:07:38 1.00 100,000 Sell* 1.00 1.25 1,000 O
09-Nov-23 08:05:08 1.16 250,000 Sell* 1.00 1.50 2,900 O
09-Nov-23 08:04:12 1.16 99,960 Sell* 1.00 1.50 1,160 O
09-Nov-23 08:00:38 1.275 500,000 Sell* 1.25 1.50 6,375 O
Posted at 09/11/2023 17:36 by hedgehog 100
Thanks for that Whoppy.


"Jason Brewer, Neo Energy Non-Executive Chairman Interview – commences trading on the London Main Market

Abm November 9, 2023

Neo Energy Metals Plc celebrates its commencement of trading on the Main Market of the London Stock Exchange.

Neo Energy Metals Plc, the near-term, low-cost uranium developer, is thrilled to open the London Stock Exchange market today. The company is celebrating the re-admission of its enlarged share capital following the completion of a Reverse Take-Over (‘RTO’) and having raised £4.9 million.

By re-admitting its enlarged share capital to the Market today, Neo Energy signals its ongoing commitment to development and increased access to funding as it looks to become an important supplier to the fast-growing uranium sector.

Neo Energy’s initial focus is on Henkries, an advanced, low-cost uranium project in the Northern Cape Province of South Africa with a clear pathway to near-term production. This exciting project has a current estimated mineral resource of 4.7 million pounds of uranium but is wide open for potential new uranium discoveries given less than 10% of prospective ground has been fully tested. The company’s next steps include increasing the project’s Mineral Resources and updating the initial, positive feasibility study ahead of making a development decision within two years.

Neo Energy has joined the market at an opportune time given the robust uranium market dynamics. As one of the most strategic modern commodities, this clean, safe, reliable, and economic energy source is expected to play an increasingly significant role in the generation of green energy. However, while demand for uranium is growing, the market’s fragile supply chain has become apparent from recent global events.

“Our Listing on the London Stock Exchange today marks a very exciting milestone for Neo Energy, in both our development as well as our future growth plans as we focus on building a position as a key supplier of uranium to support increasing world demand, which remains significant due to constrained supply. The Listing will give shareholders immediate exposure to the uranium sector and access to participate in the growth and future potential of Neo Energy.

“We are honoured to join the prestigious ranks of public companies on the London Stock Exchange and are confident that given the high volume of workstreams already underway and planned, Neo Energy will deliver value to all stakeholders.”

Jason Brewer, Neo Energy Non-Executive Chairman"
Posted at 09/11/2023 09:05 by hedgehog 100
Yes Savvy.

I think that's because Neo Energy Metals has taken over the NEO ticker from Neovia Financial.

(Neovia then changed its name to Optimal Payments (OPAY), and was subsequently taken private.)

ADVFN's charts will continue to show the NEO share price prior to today (& going back over ten years) as being (about) 61p, so most of them won't be very clear for quite a while.

But I'll continue to periodically put new charts showing only the Neo Energy Metals share price into the header of this thread, which will be more useful.
Posted at 09/11/2023 08:30 by hedgehog 100
Current share price 9th. November 2023: 1.125p
1,216,371,468 shares in issue
Market capitalisation: £13.684M.


"Neo Energy Metals
We are a new Mining and Development company focused solely on Uranium & Strategic Metals supply.
NEO is one of the most advanced, high-grade uranium companies capable of near-term production and the Only Primary Listed Company in London to offer investors with direct exposure to the uranium sector."



"New uranium explorer joins London's main market: Neo Energy Metals
Published: 07:00 08 Nov 2023
... The company is set to become the only fully listed uranium exploration, development and production company when it floats via a reverse takeover by Stranger Holdings PLC (LSE:STHP) this week, following approval of the merger at a shareholder meeting last week.
Admission of the enlarged group to trading is scheduled for Thursday 9 November 2023.
Neo is currently focused on a single project, Henkries, a South African project formerly owned by Anglo American in the 1970s. ..."



09/11/2023 07:00 UK Regulatory (RNS & others) Neo Energy Metals PLC First Day Of Dealings LSE:NEO Neo Energy Metals Plc

"Accelerating an advanced, low-cost uranium project towards near term production

Neo Energy Metals plc (previously Stranger Holdings plc), the near term, low-cost uranium developer, is pleased to announce that at 08.00 today its ordinary shares will commence trading on the Main Market for listed securities of the London Stock Exchange plc ('LSE') under the ticker NEO.

As part of a Reverse Take-Over ('RTO') process, the Company raised GBP4.9 million gross of fees and costs through a Subscription for Shares and a Placing of Shares at 1.25 pence per Ordinary Share. The Enlarged Share Capital following Admission will be 1,216,371,468 ordinary shares giving the Company a market capitalisation of c.GBP15m.

OVERVIEW

New strategy - to become an important supplier to the fast-growing uranium sector

-- Initial focus on Henkries, an advanced, low-cost uranium project in the Northern Cape Province of South Africa with a clear pathway to production.

-- Current estimated mineral resource of 4.7 million pounds of uranium, but wide open for potential new uranium discoveries given less than 10% of prospective ground has been fully tested.

-- +US$30m of historical exploration, drilling, test-pitting and mining, metallurgical testwork and pilot plant work and feasibility study completed.

Robust market dynamics - one of the most significant and strategic modern commodities

-- A clean, safe, reliable, and economic energy source expected to play an increasingly significant role in the generation of green energy.

-- Fragile supply chain with significant increases in uranium price forecast.

-- The industry needs to at least double its development pipeline of new projects by 2040 to avoid potential supply disruptions.

Corporate - positioned for growth

-- Raised GBP4.9 million gross of fees, with funds to be used to complete an updated feasibility study and target an increase in Mineral Resources at Henkries.

-- Board and team strengthened to support new strategy.

Neo Energy CEO Sean Heathcote said, "Neo Energy commencing trading on the LSE as its first uranium explorer is the culmination of a great deal of work by many people. With this milestone reached, we have an extremely exciting opportunity to fast-track our low-cost, near-term Henkries Uranium Project located in the Northern Cape Province of South Africa towards a development decision within two years. In line with this, our next steps include increasing the Project's Mineral Resources, which is highly probable as less than 10% of prospective ground is fully tested, and updating the initial, positive feasibility study.

"We have joined the market at an opportune time. As the cleanest, cheapest, and safest form of mass power generation, interest in uranium is building momentum. With circa 10% of the world's power generation coming from nuclear, rising to almost 20% in advanced economies, current inventories are being depleted and no new deposits are being put into production. More uranium must be mined to feed existing and new nuclear power plants, particularly in Asia where 60% of the new global reactors are under construction. The upside for uranium companies such as Neo Energy is therefore clear.

"Given the high volume of workstreams already underway and planned, we look forward to updating the market regularly and are confident that Neo Energy will deliver significant value to all stakeholders."

DETAILS

Neo Energy holds up to a 70% interest in the Henkries Uranium Project ('Henkries' or 'the Project') in the Northern Cape of the Republic of South Africa. This 742km(2) uranium project with an estimated mineral resource of 4.7 million pounds of uranium has been subject to extensive historical exploration activities as well as a feasibility study, which the Directors believe represents a significant opportunity for the Company's stakeholders to gain exposure to the uranium exploration and mining sector.

The other 30% interest is owned by Wavecrest Proprietary Capital Limited, a company registered in the Republic of South Africa, and which holds its interest in accordance with South Africa's Broad Based Black Economic Empowerment legislation. ..."

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