Member Info for AliAli

Any takers as to the next price target on a revised broker valuation of Neo?

Circa 30p will do nicely, especially with imminent certainty on funding (a MONSTER in the making).

Not an exact carbon copy of Neo, but certainly echoes the DRDGold deal Sibanye-Stillwater conducted back in 2018.

“What’s clear so far, however, is that their tie-up has worked a treat. Since taking on Sibanye-Stillwater as a shareholder in 2018, DRDGold has been the JSE’s top-performing gold producer, gaining more than 600%.”

https://www.miningmx.com/news/gold/53544-how-drdgold-could-become-sibanye-stillwaters-most-precious-asset/

https://www.mining.com/sibanye-stillwater-becomes-drdgolds-majority-owner/

https://www.mining.com/drdgold-okays-sibanye-stillwater-110-million-assets-exchange-deal/

JB: "Further updates will be provided this month."

https://x.com/JB_MiningAfrica/status/1866490001174708349

Not sure if this has already been posted, but a fitting watch given yesterday’s news:

https://www.youtube.com/watch?v=SkPCxX297eo

“· Historic development into approximately 300,000ozs of gold resources has already been completed and provides the opportunity for early cashflow from operations

· In addition, there are a number of areas within the tailings storage facility, which have the potential to be reprocessed to recover both uranium and gold and this is under review by the Company as a means of generating early cashflow from the Beisa Uranium Project”

These snippets in the RNS also piqued my interest, with flashbacks to local major producer Harmony Gold - specifically referred to by JB whilst concluding today’s SB video, but also in his interview back in August below (2:35 onwards) - and its declared intentions in an article earlier this year (note Sibanye-Stillwater’s reassessment of its uranium assets from June 2023 when spot was less than half the recent peak).

https://www.miningmx.com/news/gold/56116-harmony-targets-increase-in-uranium-through-third-party-supply/

https://www.share-talk.com/neo-energy-metals-lonneo-video-update-with-chairman-jason-brewer/

Could be off the mark, but a supposed Venn diagram intersection of recent MOU interest in Sibanye-Stillwater uranium assets and Neo’s next potential acquisition/funding appears to be C5 Capital - interesting to see how this plays out.

https://www.neimagazine.com/news/strategic-partnership-to-advance-nuclear-energy-in-south-africa/?cf-view&cf-closed

JB just posted on X regarding funding:

"As has been stated clearly in the RNS’ there are several that we are well down the path with in terms of this funding and I am realistically expecting the floodgates to open next week."

More and more substantive news emerging on this front:

https://cowboystatedaily.com/2024/11/24/bill-gates-backed-terrapower-strikes-deal-to-get-laser-enriched-uranium/

Keeping an eye on JB’s communications, his X post today stated Neo’s uranium resources at 120Mlbs (from 95Mlbs) and his live streamed SB interview on the 12th November specifies a gold resource increase of “close to 5.5Mozs” (from 4.17Mozs).

Extraordinary market cap value when compared to both African and global peers, but clearly awaiting further acquisition and funding news.

Interesting news out of the USA, if nothing else.

https://billingsgazette.com/news/state-regional/terrapower-wyoming-nuclear-uranium/article_0bc82b9b-c0a4-5d29-b731-c134f30f85a9.html

https://trib.com/news/state-regional/business/terrapower-wyoming-nuclear-uranium/article_2023af34-986d-11ef-96e9-d3a3a9902692.html

Believe MARU will be allocated an even greater slice of the AUO fund than even NEO once it relists; food for thought, and both companies with great potential to say the least!

Just putting this out there - and pardon my ignorance if obvious - but given the undoubted synergies (assets proximity, logistics, equipment, board members, market cap) between Neo Energy Metals PLC (NEO) and Marula Mining PLC (MARU) and Neo Energy Metals PLC (NEO) couldn’t they just merge, or a takeover ensue creating a greater cost-effective entity?

Wouldn’t this also facilitate MARU’s main market LSE listing ambitions?

Just putting this out there - and pardon my ignorance if obvious - but given the undoubted synergies (assets proximity, logistics, equipment, board members, market cap) between Marula Mining PLC (MARU) and Neo Energy Metals PLC (NEO) couldn’t they just merge, or a takeover ensue creating a greater cost-effective entity?

Wouldn’t this also facilitate MARU’s main market LSE listing ambitions?

Believe Noble Helium's (ASX: NHE) North Rukwa Mbelele discoveries even closer, almost adjacent, to Shuka Minerals (LSE: SKA) sites than Helium One's discoveries (LSE: HE1) - interesting times indeed!