The opportunity here3 Jun 2026 21:05
Exactly. Potential here is off the scale. I believe the challenge for some investors has been differentiating between the rotten leadership of the past, who allocated themselves a third of shares in circulation (at a point in time). The old board members are responsible for the share price being suppressed recently as they have sold their shares for personal reasons. I understand why there may be some bitterness towards them from the current board.
The new board is fantastic. These are the kind of respected industry leaders who would not waste their time or reputation on a non-entity. Neo will soon have industry leading resources to exploit and the right people are at the helm.
I hope the current board are given decent share options so that they can become wealthy alongside us. Neal has also indicated he will purchasing his own stock, which is great to hear. I assume there will be further dilution alongside other sources of funding to get both sites fully operational, utilising the existing £500m infrastructure.. but even if shares in circulation increases from 2.6bn to 5bn, Market cap would still only be £42m at current prices... for a company which I fully expect to hit £1bn market cap in not that distant a future, especially with the direction of travel on gold and uranium prices... and that is 20p+ a share....and Neo could still be operating into the 2100s given how rich these South African plains are! £1bn market cap may prove highly conservative in due course.
When the price goes down and the news dries up, it's easy to get pessimistic... but it's like contributing to your pension each month, you'll thank yourself later