Sounds sweet "Production to commence in the coming weeks". |
Have bought a few here. Looks interesting if the story, just commencing continues anywhere near as planned. |
Nativo Resources plc
1,058 followers
1d
Going for gold!
Goldman Sachs reinstated its $3k #gold price target, ranking bullion as one of its top commodity picks for 2025.
With our own gold production commencing at Tesoro Gold Mine in #Peru in the coming weeks, we look forward to selling material into a buoyant market, and later to capturing more of the upside with our own processing plant. |
A new low ,which in keeping with the companies record. |
It's weird.
They haven't issued new shares for a few days.
Be careful. |
Took 153m plus this morning. Very exciting project here. December should be a good month and a lovely Xmas presant.
Current price is 26 v 27 |
Latest interview released this morning: |
They've just put out quite a long video - nearly half an hour!
hxxps://youtu.be/hIOWrGOfdZs |
PDFile siko was buying at 0.2p. echo shares |
The overall development plan for the concession forecasts achieving an aggregated daily production rate, across all operations, of between 38.5t and 64t per day of vein material by December 2025. |
helpfull,
The sad troll posting nonsense on his fake thread , lol.
Production to start in December , capped at £1m CHEAP |
This company needs a share consolidation proposal! |
Target of:
"38.5t and 64t per day of vein material by December 2025"
At $2,600 per ounce and £1=$1.31 the former equates to £2.8 million revenue and the latter to £4.6 million revenue at an average of 9g/t.
That is revenue. Need to remove costs and G&A. And allow for further cash raises.
And take into consideration £1 million loan to be repaid in Sept 2025 and €10 million debt.
Be careful. |
Massive gains from this level
Most underrated Gold stock on the market
Well
It was.. you watch today |
Wow what an Rns
Big buying today.. if you can get in on bell then BUY. I can see this doing 300/400/500% this week. Mcap should be 5m which is x5 from these levels and that is being considerate |
It's certainly looking very good for the shareholders , from the rns:
The vein material recovered so far will be stockpiled at the central camp until we finalise terms with a local producer, most likely once we establish steady production in December.
Initial revenue will be reinvested to accelerate mine development and optimise gold production.
As announced on 13 September 2024, the Company plans to scale gold production, establish a gold ore processing plant for its own and third party vein material, and, in the medium-term, to expand its operations to the exploitation of gold rich tailings deposits. |
Thanks hazl ,
Yes indeed that 27g/t does look rather appealing. |
Hey well done ZICO!
Stephen Birrell, Chief Executive Officer of Nativo, commented:
"Tesoro continues to be an extremely exciting project for Nativo. I am pleased to report on high-grade assay results of initial vein material recovered from Bonanza, with findings demonstrating impressive grades of up to 27g/t.
We look forward to working with Boku to accelerate mine development operations and increase production capacity, which will be supported by the reinvestment of expected revenues from gold sales." |
A new record low ,lower than the low of ECHO energy. I am losing more here than any other shares in my portfolio by a long shot and do not expect to get my money back. |
See this finishing 0.0030 fri 4.30 |
Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
Hot Features
Premium
