RE: That TR1 says it all - nearly 10% of the company12 Nov 2025 21:08
Fergal its always the same few begging for updates, non of them are actually invested here. It’s a usual fear-mongering routine, try grab a cheap entry and sell for lunch money.
That said we were told the following in the latest operational update 3 weeks ago:
Stephen Birrell, Chief Executive Office of Nativo, commented:
"It's great to have boots on the ground again at Bonanza. The team is now fully prepared to begin this important preparatory phase. The Bonanza Vein Study is the key workstream required to develop an optimised mine plan. This phase of work is expected to take approximately 30 days. Meanwhile, Nativo has initiated tendering for the contract mining firm to restart operations, taking advantage of record gold prices.
Only imo i reckon an update arrives end of next week or the following week at latest.
On a rerating side note - I fully agree with you. There isn’t another AIM gold play (yes that’s a challenge to the bashers, try to find one) that’s this close to production, with its own plant on the way and ore already sold, trading under £2m mcap. The closest in terms of stage are 5-10x bigger on market cap.