Member Info for AliAli

see signs small-cap x personalities and their legions will be all over neo soon... chatter has already begun (they know a good thing when they see it!).

robin mayes (4,895 followers) whilst tagging the usual crowd:

couldn't agree more. i've read the shore cap note and the value discrepancy from their pier group is over 100 times cheaper. think there will be a strong bounce higher once this seller is done and the valuation discrepancy sinks in. trade on from here couldn't agree more. i've read the shore cap note and the value discrepancy from their pier group is over 100 times cheaper. think there will be a strong bounce higher once this seller is done and the valuation discrepancy sinks in. trade on from here @neoenergymetals @mylesmcnulty ***********advfn @smudgedann @share_talk @zakstraderscafe @tozzer121 @afzalvalli @blowster85 @davidburton1971 @stevestubbsy1

myles mcnulty (22.2k followers):

effectively, #neo offers a chance to pick up a brownfield gold / uranium developer with a very significant asset (that is only 18m from production), priced as it was before the huge gold bull run.

the lengthy suspension (kicked in when au was $2,750ish) has created a special sits play.

moreover, the market had already refused to price in the two major acquisitions, before the stock was suspended.

there are some (probably angry) sellers about, likely for having been locked in for so long. they'll clear out soon enough.

shore cap has neatly set out how this stock could be trading at >20 higher in the next 12m, based on relative valuation analysis of the international peer group.

robin mayes:

when you are valued at 1/100 the price of your peer group when looking at metal in the ground, even if they are out by a factor of ten there is potential for great upside once the penny drops.

Could be mistaken, but I think the EBITDA figures should have £ not $ as per the report, which would yet further increase the value.

Echoing my sentiments from this morning Myles McNulty posted on X:

"Swap in a gold price of $4,300/oz for the $3,200/oz used in Shore Cap's modelling, and the revenue and EBITDA relative to #NEO's current mkt cap look even more ridiculous!

$4,300 would boost their forecast 2028 EBITDA from the current $45.5m, to circa $77m.

And in 2031, from $106m to $164m...!

NEO's current enterprise value at 0.625p is £13m.

Madness."

TBD... otherwise it's all there in the RNS.

"In addition, the Company can confirm that it is currently negotiating the final terms of a Memorandum of Understanding with a United Kingdom based strategic investment group for up to an initial GBP 3 million conventional convertible note facility followed by up to a further GBP 5 million subscription. These negotiations are at an advanced stage and are expected to be successfully completed within the current quarter. Completion of this financing will provide the Company with additional funding which it is proposing to use to fund cost associated with the ongoing Implementation Assessment to define operational readiness and the roadmap for production of gold and uranium from the Beisa Mine to commence within the next 18 to 24 months."

Myles McNulty - seasoned investor with a considerable 22.2k followers on X - has just directly responded to JB as follows:

"Good to see @NeoEnergyMetals back trading, Jason. Many congrats!

Really enjoyed the Shore Cap note, an excellent piece.

#NEO's lengthy suspension has created such an unusual situation. Whilst most gold developers/producers have enjoyed watching their share prices multiply this year (with the gold price up c.60% since NEO was suspended at end Jan!), NEO hasn't been able to even begin to price in this raging Au bull market into its mkt cap.

There's a large share overhang currently (understandable, given disgruntled shareholders having been locked in for so long), but it's offering an incredible entry / re-entry opp. - which I've taken the past couple of sessions!"

I hope he doesn't mind me sharing (if so I'll refrain from doing so in future).

JB on X trying to spell it out for those willing to listen:

https://x.com/JB_MiningAfrica/status/2001979532363067680

" 'Neo valuation is significantly below the level of any of

the peers'

'Using average “in situ value per lb” of US$14/lb would

imply an Enterprise Value of US$1.2bn for Neo.

Neo’s current share price implies an Enterprise Value of just US$0.15/lb' "

My kitchen sink is well and truly chucked. I happily await the spoils.

GLA

Is strong with this one.

Back to back rise in closing share price since relisting.

I believe the magnitude of the purposely conservative Shore Capital report is yet to be fully appreciated by many. The FY26 NPV10 estimate 13.4p/share and NAV 14p/share are on the basis of forecast average U3O3 at $85 and Gold at $3200 (the former in fact strongly tipped to breach well above $100 and the latter already knocking on the door of $4,400).

So if for whatever unfathomably reason the current circa 20X multiple proffered by Shore Capital isn't enough, anticipate an even greater number if industry analysts are proven true .

Yesterday's intraday price reversal to close positive was as bullish an indicator there is - we shall see if it materialises.

Won't be forever, seemingly in the midst of an intraday reversal.

"Also in 2025, the Company appointed CMC and Shore as its joint corporate brokers. The Company's executive management have held several productive and highly positive discussions with its advisors and brokers in the past few weeks since the publication of the Company's 2024 Annual Accounts and 2025 Interim Accounts, in respect to its future funding requirements in 2026. All have confirmed their ability to secure the necessary funding to support the Company in its goal of completing the Beisa Mine acquisition.

On completion of the acquisition of the Beisa Mine, Sibanye-Stillwater Limited ("Sibanye-Stillwater") will become the Company's largest shareholder with between 30% and 40% shareholding. Under the terms of the acquisition, Sibanye-Stillwater have the right to appoint an initial two representatives to the Company's Board and also have the right to a pro rata right of first refusal in respect of any proposed new issuance by the Company of new shares to ensure it maintains its strategic shareholding in the Company.

Sibanye-Stillwater currently has a market capitalisation of over US$9.0 billion and as at 30 June 2025, cash balances of US$1.1 billion and reported adjusted EBITDA for the 6-months ended 30 June 2025 of US$816 million and for the 3-months ended 30 September 2025 reported adjusted EBITDA of US$560 million. As at 30 June 2025, Sibanye reported liquidity of US$2.6 billion comprising cash of US$1.1 billion and US$1.5 billion of undrawn and available debt facilities.

The position of such a significant and multi-billion dollar shareholder and one with significant capital resources provides confidence to the Board in the Company's funding plans for 2026 onwards.

The Company is confident in its ability to deliver on its funding strategy in 2026 and in ensure that it has the necessary funding to complete the Beisa Mine acquisition from Sibanye-Stillwater and deliver further on its broader uranium growth strategy in South Africa."

Stonking RNS... unapologetically bullish prior to relisting.

...something BREWING perhaps (finally, some might exclaim!).

For those interested and not on X, a conspicuous barrage last night and this morning:

https://x.com/JB_MiningAfrica/status/2000965715126268046

Timing

⌛️⌛️⌛️

'Uranium market quietly building'

https://x.com/JB_MiningAfrica/status/2001074974543487441

The uranium deficit is growing.

Few new mines coming on stream.

Neo Energy Metals proposed acquisition of the ‘ world class’ Beisa Uranium Mine and recommencement of uranium and gold production in 18- 24 months is one of the very few new mines.

https://x.com/JB_MiningAfrica/status/2001076891449544974

Neo Energy Metals.

If you are a uranium investor it is one well worth looking at given the ‘transformational’ conditional transaction with Sibanye to acquire the Beisa Uranium Mine.

https://x.com/JB_MiningAfrica/status/2001161773978706400

"The uranium market is tracing a compelling upward trajectory'

Wall Street’s forecasts:

📈Bank of America - 2026 price target of $135/lb

📈 Citigroup and Morgan Stanley - $100 to $125/lb

https://x.com/JB_MiningAfrica/status/2001164884558348693

Gold's bullish price structure.

https://x.com/JB_MiningAfrica/status/2001166636343071196

If the price targets from 10 of the largest and most influential investment banks and analysts are to be believed then 2026 looks to be shaping up as a standout one for gold companies.

Direct from a DMRE publication earlier in the year... pg.20 on doc/ pg.27 on pdf

https://www.dmre.gov.za/Portals/0/Resources/Publications/Mineral%20Economics/Mineral%20Economics%20Bulletins/MB%202025/Mineral%20Economics%20Bulletin%20Volume%206%20Issue%204%20of%204%202024.pdf?ver=L-1kcdlXczhE7OWw2rqtsw%3D%3D

"In line with these developments, there has been a notable activity in the acquisition of uranium assets within South Africa’s mining sector, caused by recent price increases and the anticipated rise in demand from nuclear plants.

Sibanye-Stillwater has agreed to sell its Beatrix 4 shaft, including the Beisa uranium project, to Neo Energy Metals Public Limited company (Plc), which plans to develop the project.

The Beatrix 4 shaft was previously placed on care and maintenance due to declining gold reserves and low uranium prices. Neo Energy Metals Plc has also entered into an agreement to acquire 100% of the Henkries South uranium project from the exploration company Eagle Uranium in the Northern Cape.

These projects are expected to create jobs and generate tax revenue, benefiting the South African economy."

Appreciate the acknowledgement ifiknewidberich9.

Not directing this at any one in particular, but have a sneaking suspicion there's going to be a lot of FUD circulated soon by bad faith actors seeking the lowest entry possible once relisted - don't give it to them.

Or listen to them at your peril (and loss)... IYKYK.

All the best to long-term holders.

No ****, Sherlock!

Didn't think I had to state the bleeding obvious. Nevertheless, the key MCAP metric and TOTAL VALUATION (calculated by multiplying the current share price by the total number of shares available) of those respective companies remains similar, despite the glaring disparity in project resources and advancements.

Https://www.youtube.com/watch?v=A6jps-MRkj0

In this insightful video, also posted by JB on X, Rick Rule (veteran uranium investor) declares a shareholding in Homeland Uranium Corp (CVE: HLU), a listed company with a near equivalent currency adjusted market cap as NEO.

A quick AI prompt offers the following contrasting positions of these two companies. The only conclusion that can be surmised is NEO’s gross undervaluation:

Neo Energy Metals holds a significantly larger stated uranium resource of approximately 117 million pounds of U₃O₈ (uranium oxide) across its projects in South Africa. Homeland Uranium Corp is actively working to validate and upgrade historical estimates, which are not yet classified as current mineral resources under modern reporting standards.

Neo Energy Metals:

Neo Energy Metals has a combined resource base that is compliant with the SAMREC Code (South African Mineral Reporting Code), a recognized standard.

• Total Combined Resources: The company reports a total of 117 million pounds of U₃O₈ across its Beisa and Henkries projects.

• Beisa Projects (Acquisition in progress): These projects are reported to contain approximately 90.24 million pounds of U₃O₈ and over 4 million ounces of gold.

• Henkries Project: This advanced, near-term production project has a JORC Code (a similar international standard) compliant resource of approximately 4.7 million pounds of uranium.

Total Stated U₃O₈: ~117 Mlbs (SAMREC/JORC Compliant)

Resource Status: Current, compliant resources (SAMREC/JORC)

Jurisdiction: South Africa

Development Stage: Advanced exploration & near-term production planning

Homeland Uranium Corp:

Homeland Uranium Corp is in an earlier stage of development regarding formally recognized resources. The company's focus is on US-based projects in Colorado and Utah.

• Historical Estimates: Homeland has acquired projects with significant historical resource estimates, including the Coyote Basin project (35.4 million pounds U₃O₈) and the Cross Bones deposit (44.2 million pounds U₃O₈).

• Cautionary Note: These historical estimates are not treated as current mineral resources or reserves by Homeland Uranium, as a "Qualified Person" has not done sufficient work to classify them under the modern NI 43-101 standards used in Canada.

• Current Focus: Homeland's current exploration programs are designed specifically to conduct confirmatory drilling and generate a NI 43-101 compliant resource estimate in the future.

Feature Homeland Uranium Corp

Total Stated U₃O₈: ~79.6 Mlbs (historical estimates)

Resource Status: Historical; not NI 43-101 compliant

Jurisdiction: USA (Colorado)

Development Stage: Exploration & resource validation

Https://neoenergymetals.com/assets/files/corporate_presentation/2025/NeoEnergyCorporatePresentationQ42025.pdf

Https://x.com/JB_MiningAfrica/status/1996065861455814771

Been quiet on uranium given the stellar performance of gold and how that impacts Neo Energy’s valuation.

However China's state-owned uranium miner debut on the Shenzhen Stock Exchange to boost domestic production and competitiveness for global resources.

https://x.com/JB_MiningAfrica/status/1996066863944794587

Uranium joins the US Critical Minerals List.

https://x.com/JB_MiningAfrica/status/1996067418771521760

Uranium demand ‘to soar by 50% by 2035’

https://x.com/JB_MiningAfrica/status/1996068838904094802

The Investment Thesis for Uranium

The structural case for uranium investment rests on supply-demand fundamentals that have materially improved and are projected to tighten further through the remainder of the decade.