RE: Finance26 Oct 2025 10:25
Ranger we know you are always going to be negative on this. One questions your motives time after time when 1. You say you don't hold and 2. You don't comment on any other any other company. I'm sure most could make a logical conclusion as to your reasonings. Last RNS states more experience has been taken on:
"Accordingly, Nativo has welcomed Renatto Castro as HSE Advisor. Renatto is a certified HSE professional and a member of the College of Engineers in Peru, with over 29 years' experience, most recently working on with Anglo American. Renatto will be responsible for HSE standards and compliance across all Nativo's projects.
The Company has also appointed Maira Pimentel, a qualified architect and project manager, to oversee all project planning, procurement, construction and operations at the Bonanza mine and La Patona Gold Ore Processing Plant".
Literally have employed someone to manage the GOPP. Employing experienced staff or introducing training protocols to empower staff will be top of her agenda. It also states in the RNS "the project team has issued a Request For Tenders (RFT) to qualifying Mining Contractors in preparation for the results of the studies and restart of mining".
For me this tells me that finance (which we have said time and again) is required and extensive conversations on this have already been arranged and spoken about in principle. Should get an RNS shortly on this. I expect next week...we will see. If this does fund until Q2 2026 the risk profile significantly lessens for the next few months. Watch our residents jump on the band wagon and i believe at this point more major players will be looking to get in....the next few months promise to be exciting.
The finance is for moving the project on it and getting to production and it can be extremely good finance. The only case study we need in this respect is wishbone who have had massive dilution but in a matter of a few short months saw their share price touch 1.75 from a share price of just over 0.10.
Sometimes i think the negative people look here with rose tinted glasses. Comparing the company with major miners and complain of finance, delays, experience of staff, the tools they use, the rains etc etc are pretty unfair and one wonders why they are here in 1st place. Its a sub 2m mcap company trying to grow in what is a hot sector currently.
I may add it hasn't stopped major investors adding and taking substantial stakes in the company. I am sure they can see the direction of travel. The directors have been happy to take wages in shares. I am sure they see substantial returns from this also. The company is in better shape than it has been in the last year and in a great place to realsie its potential now. Well done directors. Well done.