RE: Aim18 Jan 2026 14:50
AIM - If you have to resort to outright lying then give up, you are digging deeper than Boku did in the Bonanza mine.
Boku were the JV partner with Echo Natural Resources Limited in a 50:50 joint partnership. Echo bought 50% of Boku for up to $750,000.
"Echo Natural Resources Limited, has entered into a shareholders joint venture agreement regarding a 50:50 joint venture company in Peru with the founding partners of Boku Resources SAC ("Boku" or the "JV"), to participate in the interests of Boku, being gold and silver mining and the cleaning of known tailings deposits containing gold and silver in Peru (the "JV Agreement")."
https://www.lse.co.uk/rns/ECHO/formation-of-precious-metals-mining-jv-peru-ef08zb3lca31b16.html
Boku only became a subsidiary of Nativo on 13th August 2025 when Nativo obtained the remaining 50% of Boku.
https://www.lse.co.uk/rns/NTVO/acquisition-of-50-of-boku-operations-update-lh38h1fn9o14r1u.html
Maybe you are confusing Boku with Dydima, another of Nativo's subsidiaries.
" Nativo is pleased to announce it has entered into an agreement to acquire the remaining 50% of Boku Resources SAC ("Boku"), its Peruvian joint venture company, in order to own 100% of Boku (the "Transaction"). Boku's current assets are (i) the Bonanza Gold Mine on the Tesoro Gold Concession; (ii) an option to evaluate the opportunity to recover and sell gold and silver from the Toma La Mano tailings dump; (iii) permits for the establishment and operation of a gold ore processing plant; and (iv) the Ana Lucia polymetallic project."
"Nativo no longer requires Ecotopia Peru SAC in order to carry out its activities at the Tesoro Gold Concession following its direct acquisition announced on 10 April 2025 of Dydima E.I.R.L. ("Dydima"), the Peruvian licence-holding entity of the Morrocota Gold Mine, with REINFO status. Operations at Bonanza will therefore be carried out by Dydima, a 100%-owned subsidiary of Nativo."
Maybe you are getting confused with Nativo correctly reporting 100% of it's subsidiary's revenue involved within the JV which is only 50% of the revenue generated by the JV.
Hence $44k is only half of the revenue generated by the JV. Therefore the total revenue received for the material that Boku sold was $88k with %50 going to Nativo and %50 going to Boku under the JV agreement. That is how 50:50 JV's work. Many times Boku are referred to as JV partners in RNSs but never as a subsidiary.
Facts and logic eh AIM 😂😂