Nativo Resources Share Discussion Threads

[z1co] 10/12/2024 18:28

Bringing the two neighbouring mines together to accelerate gold production and cashflow

[760il] 10/12/2024 13:36

The kiss of death

[hawkman_always_returns] 10/12/2024 13:20

siko the pdfile was impales here

[z1co] 10/12/2024 12:38

Tesoro gold production news this month will kick start the share price from the current oversold levels.

The share price will retest the October 2024 highs.

Also the last placing for the the Morrocota Gold Mine acquisition was done @ 0.00288p.

[z1co] 09/12/2024 22:01

Nativo Resources plc

2w

Key updates today from Tesoro Gold Mine, #Peru.

🪙Sales deal with local gold plant

🪙30t of material from mine preparation phase ready to 🚚

🪙Production from December

🪙Forecast: 3-5 tpd building to 28 tpd by June

🪙Expected grades 8-10 g/t, targeting 90% recovery

🪙Income ⏩ mine expansion + development of own plant

[z1co] 08/12/2024 10:33

Nativo Resources Plc (LSE:NTVO) shares jumped in Friday’s early deals on acquisition news, with the small-cap firm inking a term sheet to acquire a gold mine in Peru.

The Morrocota Gold Mine asset is just three kilometres from the Nativo’s 50% owned Bonanza Gold Mine, and it is currently being prepared for mining - with vertical and horizontal development already completed.

Gold grades of up to 23.4 grams per tonne have been measured in recent samples, Nativo highlighted.

Morrocota has been operated by Boku, Nativo’s joint venture partner, in recent months and going forward its anticipated that Boku will continue to manage operations at the project.

"This is a great opportunity to accelerate gold production and cashflow, bringing two neighbouring mines together under the Nativo and Boku umbrella, with all the associated operational and financial economies of scale,” chief executive Stephen Birrell said in a statement.

“The operations and mining geology are symbiotic with what we are developing with Bonanza.

“We are effectively buying a mine in development which will deliver early cash flow by the second quarter of 2025.”

Nativo is to pay £124,557, in shares, to acquire the asset. The vendors, Peruvian nationals Emilio Jimenez Velarde and Ignacio Jimenz Velarde, will also be given warrants to buy additional shares in the future.

They also committed to investing in Nativo, immediately subscribing to new shares, which equated to 7.05% of the London-listed company.

Nativo shares were up 15% in Friday morning’s deals, to 0.0029p, having changed hands as high as 0.0032p since the day’s open. The nano-cap mining stock has a market value of around £1.5 million.

[gary38] 07/12/2024 09:45

Good morning Helpful,maths was not my best subject at school.Do you know how big the overhang is and how long it will take to clear it .

[z1co] 06/12/2024 19:16

Nativo Resources plc
1,072 followers

3d

👷🏽#Minelife

Our colleagues at Tesoro #Gold Mine are crushing and sorting vein material for 🚚 to nearby processing plant.

We’re pleased with the work ethic on site. Everyone is helping develop the mine safely, on time and on budget.

⏭️initiation of simultaneous #production from blocks 1 and 2 later this month.

[recordz] 06/12/2024 16:02

These guys need to concentrate on the Gold Producer.Profit making. Build that one up.
They'll start raising for other assets.
Other Assets tend to hold the price back at times.
Hope it don't ,but it might.

[dorset64] 06/12/2024 15:33

Hiya Devonlad, I'm all good mate, now retired and all sold up.How are you trust things have gone well and good to see you still around ?

[helpfull] 06/12/2024 12:03

Confusing numbers.

When billions of shares fly around daily, it gets a little confusing.

347,826,086 new ordinary Shares at 0.0027p are worth around £9,391.

The price of a second hand car.

I would guess the second hand car will maintain its value better than the shares.

Be careful.

[devonlad] 06/12/2024 11:59

Had a nibble in this, nice to see you Dorset64, how's life?

[z1co] 06/12/2024 09:52

Another brilliant acquisition

News expected this month from Tesoro , which is already producing GOLD.

[tomboyb] 06/12/2024 08:04

In for a trade -

[helpfull] 06/12/2024 08:00

They've been digging for gold and discovered more shares to issue.

And they've also dug into that rich seam: "the James Parsons playbook".

Issuing shares at a premium.

Some might think that the "asset" has been overpriced.

But not me.

The mug punter will be salivating all the way to a lower share price.

Be careful.

[4vik] 03/12/2024 09:36

Bid was 0.0022 but you could sell at 0.0023. Last flush coming before lift off.

[recordz] 03/12/2024 09:28

Buy orders coming in.?

[recordz] 03/12/2024 09:20

They dropped the bid to 0.0022 and you can't buy.

[recordz] 02/12/2024 15:37

You can buy at 0.0025.
Seller still there.

[recordz] 27/11/2024 19:33

With the amount of shares in issue thats 0.008 per year.Multiplied by 10 = 0.08
30 Bagger from here.
As soon as the market starts looking ahead to the positive ,It will be off.

[dorset64] 27/11/2024 15:19

I just looked at Helpfuls figures and.tbf, hes not being very helpful with them.

He has based all of his figures on the 30t they took from the initial vein grab and not what the whole site entails, nor any other nearby deposits which they believe there are.

To be sure of their figures you have to look at the whole project/site not just one hole which is what 'helpful' has done therefore, and unless I'm mistaken, my figures above are a 'truer' reflection of what they could achieve rather than looking at one hole and assuming they wont dig another/other tailings.

[4vik] 26/11/2024 13:19

Do you feel or you calculated? Lol.

[lean5gb] 26/11/2024 13:12

I feel that 'helpfuls' figures (other thread) are more exact.. ;0))))

[argyle underclap] 25/11/2024 18:52

Dorset / lean5

Thanks for that. Appreciated

[dorset64] 25/11/2024 15:35

Yep sorry, the question was what profits.So if we knock that down further and ignore everything else they have going on and use £1,500/ounce for the amount you mention that, at a knockdown price of £1,500/ounce of gold still gives them circa £4.8-5m per year. Crazy amount of profit if they only do that amount and especially with the current market cap of just over £1.3mThen add in the other projects.