Member Info for CarefreeCarry

AIM - from the 18th Feb 25 RNS :-

"18 February 2025

Nativo Resources Plc

("Nativo" or the "Company")

Operational Update: Tesoro Gold Concession"

Tesoro Gold Concession - got it?

"A total of three ore shipments have been made to date with grades in line with expectations."

Three ore shipments - got it?

"Nativo has interests in gold mining and exploration projects in Peru. Through a 50:50 joint venture established in July 2024 with an experienced local partner, Nativo secured an opportunity to scale operations at the Tesoro Gold Concession, owning 50% of the production and resources. Production and sales of ore to a local gold ore processing plant began in late December 2024."

50:50 joint venture - got it?

Tesoro Gold Concession again - got it?

Owning 50% of production and resources - got it?

Facts and logic guys, facts and logic.

For the first batch that was sold

42.97 x 15.6g = 670.33g Au (Ranger's figures)

23.6oz of gold x $1820 (AIM's figures for gold price) approx $43k. Revenue to Nativo approx $21.5k due to 50:50 JV with Boku.

Revenue in accounts $44k. Why is no-one asking where the additional $22.5k came from?

Surely they must have sold more but according to the "facts and logic" guys they only sold one batch according to what is in the public domain. I mean the RNS on 23rd Dec 24 says they've sold a batch of material etc.

So that's it then, first batch sold is RNS'd and nothing else matters. Not even the two addition batches that were sold.

'But, but, but . . . . . we've got figures that show the $44k came from the batch sale RNS'd 23rd Dec 24"

Facts and logic lads, fact and logic 😂😂

Good grief, so you are only basing your figures on the 10 tonne block from the first batch that was sold, why ignore the remaining 33 tonnes that were sold and why use the already disproved 63.6g/t figure, that is not the overall average of the 10 tonne block. The overall batch averaged 15.6g/t.

Use the stated average and not what the average of one of the samples was.

I'm just trying to prove that you "facts and logic" guys are using neither.

Yes Ranger, you said so at the time when I queried your figures.

"ranger104uk

Posted in: NTVO

Posts: 2,785

RE: Almost $1 billion worth of Gold at current prices6 Jan 2026 09:17

As pointed out CfC there was only ever 1 RNS released with tonnages and grades. There was no sales price so you have to conclude that the same sales figure that relates to the said RNS is in the Revenue for the year as in 44K usd.

I did not word the RNS. But the grades become irrelevant, revenue is king.

Next"

So all I'm asking is, now that the gold price has doubled, what would your figure be if they were mining now?

A - $1023/t

B - $2046/t

C - $4092/t

It's a very simple calculation, I've even given you the correct answer in the multiple choice.

Ranger's posts are waffle now!! Thank's AIM 😂😂

See if you remember this :-

ranger104uk

Posted in: NTVO

Posts: 2,783

RE: Almost $1 billion worth of Gold at current prices5 Jan 2026 12:29

RNS Again Dec 2024

Further to the Company's announcement on 25 November 2024, Boku has made its first mineral sale of a batch of 42.973 tonnes of ore, with 10 tonnes produced exclusively from the "Bonanza" vein in block one. The batch had an average grade of 15.6 g/t Au and has been sold to a local gold ore processing plant in the Arequipa region.

Notably, the 10 tonnes from block 1 reached average grades of 63.6 g/t, following assay by the plant's metallurgy laboratory. These represent the highest grades yet seen in the mine.

Do the Math!

42.97 x 15.6g = 670.33

10 x 63.6g = 636.g

670.33 - 636 = 34.33 / 32.97 = 1.04 g\t

And then this

ranger104uk

Posted in: NTVO

Posts: 2,783

RE: Almost $1 billion worth of Gold at current prices5 Jan 2026 18:15

You could look at it another way.

43 tonnes Shipment. Revenue for the year 44,000USD / 43 = 1023USD/ tonne

Simples

Any other shipment in 2024 would bring it down further.

Got to hand it to them, they give it to you all in black and white. Year end final accounts, RNS's all legal stuff.

It would be hard to defend against. That shipment "should be part of the 44,000usd revenue for the year. Next 6 monthly account zero revenue.

So you can argue g/t but gold sales go into revenue only thing published is the 44k.

Enough context there?

So using Ranger's assumptions that he used to get $1023/t what would be the correct answer to my conundrum, A, B or C?

Anybody want to help Ranger out?

Gold price has doubled, very easy calculation. 30% off gold price doesn't even come into it as it is covered in Ranger's earlier guesstimate.

AIM thinks he's good with figures although he prefers Ranger's calcs for some reason. Maybe he could work out this easy calculation.

That's a nice easy one Ranger - $0

Here's a nice easy one for you - using your previous assumptions that gave you $1023/t, now that the gold price had doubled ($2300 to $4600) since the last batch of material was sold, what would the price per tonne be if they were mining now?

I'll make it even easier for you, would it be :-

A - $1023/t

B - $2046/t

C - $4092/t

One of those answers is correct using you previous assumptions.

Ranger - Just make up some more numbers then like you did with your 1 g/t and $1000/t nonsense that you came up with the other week 😂

Ronvee - Bonkers is a total hypocrite always banging on about the past.

Just filter them. You won't be missing out on any pearls of wisdom if you do.

Slimshady - I haven't mentioned anyone personally so I'm not sure why you've opened this thread for me.

Glad to know that you are maybe approaching break even here unless of course you took the opportunity to average down at some point which means you'll be in profit now which is even better.

Sakura7 - The only counter party to each trade is the market makers that you refer to. They are the only ones that buy from you or sell to you. You are not buying or selling shares from anybody else other than the MMs.

They maintain an inventory of stock only to provide liquidity to the market. They are not buying or selling based on the company's performance, they are not investing.

As I've pointed out in the past, when posters have queried why the SP goes down after every RNS release, MTL seems to have a sell on news brigade.

The sells this morning, some quite chunky ones, back this up.

Today's RNS is a tick box exercise with a tiny update that clarified the intended commencement of a delayed drilling program for a project about 9 years away.

The sell on news brigade strike again. Every single time.

No wonder the negative nellies are always clamouring for more updates from the company. They know it will drive the SP down for them.

Pat - Investing successfully is a long term activity. Buying shares for a short term gain is a gamble.

Try buying Kefi shares and holding them for at least year, see how you are doing then.

"Thankfully many haven't purchased kefi"

Only about 1.7b shares traded since 22nd Dec 25 which will incorporate some buys 😂😂

My 46.8m Kefi shares, all purchased since August 25, seem to be defying their reasoning and are stubbornly showing a handsome profit.

Reality eh? To paraphrase Fergie 😂😂

Yes Deedee1, Kefi and their shareholders living rent free in his head. It would seem that they're still searching for some relevance here.

Probably banging on about the past like an obsessed history teacher.

Said they would be leaving numerous times but inexplicably is still squatting here.

Strangely enough, they both use the word of instead of have in their posts. It's almost like they are the same person.

Best filtered.

At least they have some company with Longinthetooth joining them last week.

Margate?

A bit random.

Almost as random as yours and AIM's figures and calculations recently 😂😂

Another one to buy and hold Lee.

Another example of patience earning more than I ever did 😂😂

Polio - Just highlighting their hypocrisy here.

They cheerlead with "facts and logic" but they use Donald Trump's version of facts and logic. Which mainly consists of "If we say it then it's a fact." 😂😂

In my SIPP along with the vast majority of my other shares.

My ISA is getting more attention now though.

Patience has earned more money for me than my entire career did. I can't see that taking off as a popular phrase though 😂