Member Info for BonanzaGrade

Hormuz closed. Massive gamble being played on speedy regime change and an ambitious assumption that transition will be both peaceful and seamless.

If Iran closes Hormuz, better than even money IMO we see an unchecked breakout of gold price.

Highly unlikely the US can contain what comes next. Huge risk, huge uncertainty.

Not just about the assets, equally important the people onboard. Have to say the senior team just keeps getting better. Great news and big vote of confidence in future prospects here.

Encouragingly there has been a steady flow of updates and news flow from the BOD over recent weeks that has helped support the recovery of the SP.

But we’re about to enter a whole new ball game with critical developments and updates imminent that will lay the foundations for the next two years at least as the company executes against its strategy.

No reason all these should not have a significant positive impact on the SP, however the real excitement will begin when we see the opening of accompanying mines to Bonanza both in the proximity of this facility and of course Morrocota.

This to my mind is critical as it moves the company from gold processor, supported by the GOPP, to being a gold producer! Should the business deliver on this step-change and vertically integrated capability then we can indeed look forward to many multiples on the current SP. Way to go yet, but the path to success is clear and present.

Good luck, and hold on tight!

…a ‘red dot coming our way’ sounds ominous - am thinking black spot. Showing my age p’haps ;)

Everything seems to be shaping up at NTVO very nicely indeed. Only wish Zeus wouldn’t use that ‘transformative’ word! At 10g/ton across Tesoro at these AU prices it will be, anything closer to St Elias grades - well it’s a rocket ride 🚀and a revised lexicon’s req’d!

Gold will continue to soar (all good), but the valuation reset here will only really kick in with revenues from production. They need to show the money and potential in the asset, both are imminent - the rest is noise.

This the 3rd set of independent assay results but on a much larger sample, the consistency says it all and more. Will continue to add over time.

Locking these away for 3 years minimum, huge potential here.

You’re in the ballpark, but wouldn’t expect those production numbers until Dorada vein is fully developed with several galleries and stope zones, but this is the potential, with gold price likely to continue its ascent, thanks to flagrant fiscal mismanagement and currency debasement by those who should know better!

Quick summary for newbies:

- Focus on cashflow and early revenues - not wasting £££k on costly surveys/geo that delivers nothing

- Well-mapped terroir, known for consistent, rich though relatively small (10-80cm) veins the big players aren’t interested in

- Build a working group or community of local ASM miners, helping them improve efficiency, margins (pooling production) and adopting mining-ESG best practices

- Additional environmental dynamic with tailings cleaning division

- Establish their own small scale production capability (improve margins)

- Secure tailings deposits to clean and obtain PMs through secondary processing

Need to qualify that production number of 50t/day, let’s be clear that’s the medium term (middle of range) target. Not next week ;o)

If it were we’d be near 0.5p!

I see Nativo have Dentons helping with their external advice. Largest global law firm and award winning IP practice area as per Chambers / Legal500.

- Target ore production of 40-60t/day

- Consolidate production from other ASM mines in locality

- Establish own production facility

- Secure options on tailings deposits. Test.

- Establish tailings cleaning business unit

- Gold price next 1-2 years 3500-5000, poss more due to currency debasement

Boom!

Profile of Bonanza vein looks typical of Nazca-Ocona corridor. No reason results shouldn’t further validate earlier.

Good luck with that…

I’m liking the vibe from this new Exec/Mgt team.

Managing expectations while getting on with delivery and focusing on cash generation. Very different to the old ECHO crew, but NTVO seem to have something really interesting here, the model looks sound and gold ain’t gonna get cheaper with currencies being debased left right and Chelsea.

Looking forward to those results from Tesoro!

Everything else just noise. Clear they have a rich seam to go after here at v low cost. Gold at ATHs…

Long way to go for the SP. Patience while placing shares are turned over to new holders.

If 10-24g/t is achieved from the first production delivery of ore for tolling, you can revisit SP targets. This one is for keeps.

Why sell here and now? 🤡

Some have not been doing research?