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NEO Neo Energy Metals Plc

0.80
-0.025 (-3.03%)
10 Jan 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Neo Energy Metals Plc LSE:NEO London Ordinary Share GB00BYWLRL80 ORD GBP0.0001
  Price Change % Change Share Price Shares Traded Last Trade
  -0.025 -3.03% 0.80 34,530,471 15:55:54
Bid Price Offer Price High Price Low Price Open Price
0.75 0.85 0.825 0.775 0.825
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
16:25:57 O 15,000,000 0.8493 GBX

Neo Energy Metals (NEO) Latest News

Neo Energy Metals (NEO) Discussions and Chat

Neo Energy Metals Forums and Chat

Date Time Title Posts
10/1/202519:15Neo Energy Metals Plc3,080
05/11/202412:25Neo Energy Metals plc26
27/9/202412:06Glenn Neely's Neowave (enhanced Elliott?)18
27/9/202412:01Neo Energy Metals: Henkries Uranium Project in South Africa179
27/9/202412:01Neovia Financial942

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Neo Energy Metals (NEO) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2025-01-10 17:15:000.8515,000,000127,395.00O
2025-01-10 16:25:580.79218,7721,728.30O
2025-01-10 16:21:140.8217,668144.28O
2025-01-10 16:20:590.79500,0003,940.00O
2025-01-10 15:55:590.79394,3733,095.83O

Neo Energy Metals (NEO) Top Chat Posts

Top Posts
Posted at 06/1/2025 08:46 by the_debt_collector
No co-incidence that the JB's gaggle of companies share prices are on their knees given Quinton has failed so far to secure the $500m he was supposedly aiming for, where is the money coming from to finance all projects other than equity?

Quinton is certainly a interesting fellow, mentioned in these links

The Daily Maverick



Also a reality TV creator
Posted at 30/12/2024 16:17 by whoppy
So a company with a £14.29Bn resource has a value of £3Bn.
NEO is mis-valued.

Neo Energy Metals Chief Executive Officer Sean Heathcote said,

"The completion of the integrated valuation of the entire Beisa Uranium and Gold Project will go a long way to illustrate the sheer scale and significance of the Project in the global uranium market.

To provide a simple resource comparison, the intrinsic in-situ value of probably the world's largest undeveloped uranium deposit, the Rook I project (including Arrow and any closely accessible resources) owned by Canadian listed NexGen Energy Ltd (NXE: Market Capitalisation of £3.08 Bn) is £14.29 Bn at the prevailing uranium spot price, on a deposit that is still in the process of permitting and development. Whereas, the Beisa Uranium and Gold Project has an intrinsic in-situ value of £6.52 Bn for uranium and £11.17 Bn for the gold resources (Total £17.69 Bn), with immediately stoppable ore, and deposits that are all accessible from an existing fully permitted multi-shaft complex and process plant that only requires relatively minor upgrade and refurbishment, compared to the billions of dollars of capital investment required for Rook I.

"We look forward to sharing the results of the independent asset valuations with the market, to show the true value being created by the Company in the uranium resource space."
Posted at 30/12/2024 10:21 by ssrover
from Myles just now

Another good RNS from #NEO, and I think the share price will really shift northwards at some point in the near future.

Public comps analysis clearly points to it being chronically undervalued.

As I wrote in the NEO TG group a couple of weeks ago (oddly, resultantly generating a load of angst from shareholders in said group), a positive catalyst would be for NEO to get another well-known insto (esp. uranium specialists) to take the £2m at 0.75p, that AUO have/had promised to subscribe for.

A good cash injection in the immediate-term, with the knowledge that there is demand for the stock from specialist instos and with the comfort that the shareholder register is being tightened up... I think would work wonders for the share price
Posted at 30/12/2024 09:59 by ssrover
That NEO Energy RNS is as good as it gets. They’re doing a valuation on all their assets by Q1 2025.

They compare themselves to £3bn listed Canadian company, whose resources in situ are valued at £14bn.

Neo have £17bn in situ, and won’t be doing any equity dilution.

This is the stock for 2025 which huge upside from todays £10-12m market cap.

EASY £50-100m incoming.
Posted at 09/12/2024 15:00 by whoppy
Those shares are not hitting the market. Sibanye is a strategic NEO partner/shareholder. Through NEO, they now have ownership of Beisa North and South aswell as Beisa Central.
Posted at 11/11/2024 17:48 by rw16
When a troll gets angry u just know the share price is about to go supersonic
Posted at 15/10/2024 14:43 by one2go
Bladderman

Good post, you have highlighted there will be serial dilution ahead + many obstacles on the way, the vendors will surely sell NEO shares to monetise ASAP, the falling share price tells you all you need to know.

Might be worth a trade around resistance .80p.
Posted at 15/10/2024 13:07 by bladderman
. These stocks are driven up by the herd. But the bubble pretty much always pops at some point. GGP is a good example. 88e and PANR are others. The herd get excited about RESOURCES and not the reality of when these companies will stop burning cash / diluting, and start making money.Smarttrades, apologies my maths are slightly out on dilution. Here's the workings:- Beisa 220m shares on final approval. PLUS £7.5m cash (I thought this cash could be converted to shares).- Henkries South 450m total (200m on signing, and 250m on 10mlb RESOURCE). Note the RESOURCE number will be easy to hit, but they'll need to spend a lot of money proving it up. Beisa has $30m spent years ago.- AUO - further 260m shares to be issued for Henkries FS.In total for these two acquisitions on close (in the next few months), plus AUO funding (Henkries FS) = 930m shares. These are all yet to hit the market. So about 66% dilution. And there's over £7.5m cash to be paid.Note: This doesn't include any more dilution for the third acquisition. If we assume a similar level of 450m shares you get to double the share count. Could be higher or lower, but you're getting up to 3bn shares in issue. There will also be more advisor and director fees.And then you have AUO for any funding of up to USD75m to develop the Henkries mine. I read somewhere they will be taking a chunk of equity for this, which from memory was close to 30%. This would be absolutely fair and you want your main financier to have that much skin in the game. They would also want to make as much as possible from these projects. So add them up and you can see how 4bn isn't hard to arrive at.Definitely money to be made. Mainly by AUO, Beisa, and Henkries Sth prior owners. But for PIs it's about timing. Or you need to wait years before the company is in production. Don't forget the circa $65m cost for Henkries mine development, USD$10m (£7.5m) up-front cost for Beisa, and at least USD$30m to be spent on Beisa and Henrkies Sth resource delineation.So by my estimates you've got 4bn shares in issue and USD$100m debt by the time Henkries is producing and acquisitions are made plus resources defined. PIs will own far less of the company post dilution. Remember the 930m shares are guaranteed dilution just for the current 2 deals and a FS. The third acquisition and AUO stake dilution are TBC.There's your workings. Some of you need to do a bit more research (and less b!tching). What's the current share price now?
Posted at 29/8/2024 06:43 by pwhite73
Shorting and spread betting are two different types of financial instruments. PIs spread bet meaning they bet on a share price to move in a certain direction. There is no actual buying or selling of real shares.

Shorting is the borrowing of real shares then physically selling them into the market to drive the price down. When the price is down you then buy the real shares back for a cheaper price and return them to the lender. Nobody lends or is even allowed to lend real shares to ordinary PIs.
Posted at 27/8/2024 16:22 by pwhite73
runster - "If NEO had been falling 20% a day then you might have some credibility."

NEO was falling 20% per day. You seem to forget the shares listed at 1.25p in November 2023 and was trading at 0.3p at the start of this month.

Desperate for cash they've embarked on a charm offensive which included a broker report putting a valuation of 20X on the share price. Two positive RNS's and a director interview not to mention the illicit tweets by JB. So here you are at 1.45p

But as I say I'm not interested in any of this. I'm only interested in the fundamentals.
Neo Energy Metals share price data is direct from the London Stock Exchange

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