Member Info for allthatguff

So everybody is in for the feast buffet, except the Retail Shareholders.

At which point do you start using the word THEFT?

Shame I don't have spare cash..

Largely, eh?

"Company's position across these regulatory approvals is straightforward: the Asset is world-class, the Transaction is fully supported by both parties, and the regulatory framework is well understood. Neo Energy's operational planning and project preparation activities continue uninterrupted, and first production of gold remains targeted for December 2027, followed by uranium.

Both Sibanye and the Company remain confident in a positive outcome on both applications."

Excellent.

Government approvals happen when the happen. I expect on Friday an RNS detailing a 3 month extension on the agreement with Sibanye.. all imo, hopefully with no other changes to the agreement..

I think Franco Nevada would happily do a gold streaming deal for net smelter royalty NSR such as was done for Solgold. Easy way to pay for mine refurbishment and restart.

.. is this Neal's buy order coming through?

Reflecting on the share price..just think of how many companies out there at this level are still trying to find and define a big resource, nevermind getting permissions, building the infrastructure etc. Here, a relatively small capital is required to refurbish one mine and this is not the only asset. This is insane this situation, the measly mcap.

This will have to explode upwards as the required steps are ticked off. What an opportunity..🍀🍀🍀🌟🌟🌟

CLN's ? Oh dear, the worst form of finance ever.. there is the more common name for it..

You know why.

A brave tortoise 🐢🐢🐢😃.

Maybe they realised they needed extra shares to make certain the deal goes through on the vote. That is a less rosy tinted scenario..

Sell the news.

Yes. FTJNY. The 15-18% numbers given at AGM.

Listen to the presentation from yesterday, that will answer your question.

There is no 'downplaying'.

My thanks to company IR and CEO for responding to my query so quickly 🙏

The company has responded regarding the Sibanye deal percentage ownership on completion (from the CEO).

"The Sibanye transaction was concluded prior to the previous directors issuing themselves shares.

Due to the dilution effect of these shares on the capital structure, the Sibanye stake fell to the stated number."

I have just emailed NEOb on this issue.

Hmm. The original deal states 40% with anti dilution clauses. So how the only 15-18% arises is a total mystery to me.??