Neo Energy Metals Share Discussion Threads

[bandflex] 09/12/2024 13:54

In the meantime more funding required soon.

With the formal acquisition documentation completed on the Beisa Uranium Project, the Company can now finalise its previously announced debt and commodity-based funding. · This funding is proposed to fund the acquisition costs of both the Beisa Uranium Project, the Beisa North and Beisa South Uranium Projects and the Company's working capital costs to complete the various updates to the development studies needed to recommence mining...

[bandflex] 09/12/2024 13:52

£11m dilution will not occur until completion in 12 months.

On settlement of the acquisition of the 100% interest in the Beisa Uranium Project, which is expected to occur in H2 2025, the Company will pay a cash fee of ZAR250,000,000 (approx. £11 million) and issue loan notes valued at ZAR250,000,000 ('Loan Notes') under a loan note instrument ('Loan Note Instrument').

[bandflex] 09/12/2024 13:47

Completion will not be for another 12 months.

Settlement of the acquisition and satisfaction of all outstanding conditions, which are predominantly South Africa regulatory approvals and UK shareholder and regulatory approvals, are expected to be completed in late H2 2025

[whoppy] 09/12/2024 13:29

Sibanye will take a big stake in NEO and keep a royalty on production. Great partner for NEO to have.

[bukowski750] 09/12/2024 13:22

Why Sibanye offloading it ???

[richie1218] 09/12/2024 13:19

well happy in the way this is panning out awesome gla

[1savvyinvestor] 09/12/2024 11:45

Shhhh. Don't jinx it

[fillipe] 09/12/2024 11:43

Coming up nicely this morn'.

f

[rw16] 07/12/2024 19:31

5p on funding is what I’m thinking. A lot of small caps bagging recently and I think NEO is next.

[1savvyinvestor] 06/12/2024 14:35

Because it is hugely undervalued

[allstars001] 06/12/2024 13:48

News imminent. Probably Monday or Tuesday. Acquisition announcement with funding news following.

[bscuit] 06/12/2024 13:46

Well, up 21%. Why?

[rw16] 03/12/2024 14:35

Jason says news before Xmas 🚀

[1savvyinvestor] 29/11/2024 10:21

Why set them as an either or?!! Both worth looking at

[m_night10] 28/11/2024 08:21

MARU is copper, manganese, lithium and rare earths. Close to generating big revenues.

Much more advanced than NEO,much lower mcap and greater uplift trajectory.

[m_night10] 28/11/2024 08:19

MARU well worth a look in the 4p level, once it goes back to 12p that's a 200% return

[rw16] 24/11/2024 06:44

Think we might get news next week…

[letsgo5] 19/11/2024 15:39

Non dilutive as well

[letsgo5] 19/11/2024 15:38

First 25m funding news it's being done in tranches

[letsgo5] 19/11/2024 15:02

100m funding news close

[rw16] 17/11/2024 14:57

I’d love 0.8 to come, I’ve got a £25k top up waiting if it does…