RE: My take for what it’s worth5 Aug 2025 18:45
Yep i don't really don't understand how people negative about a company and have apparently no skin in the game/ or relatively little skin post day in and day out. Very strange behaviour. Time could be better spent seeing family, friends etc or even as i do such as chase the odd ball of wool, get freaky with a bit of cap nip etc.
Nativo over various RNS' recently have stated they are gearing up to restart gold mining operations. They have stated that the primary focus will be on:
"primary gold mining, gold ore processing, and the recovery of gold from tailings"
"The Company has already acquired or optioned several projects for development and has identified additional opportunities to scale its operations over the next 12 months".
The company are cracking on and getting to the stage where mine plans and production will be restarted. Of course these things take time. Bonanza and Morrocota can't be far off now. News got to be due from La Patona andToma La Mano.
Coiled spring comes to mind. Management are gearing up for a barn stormer. Market will love it!!
Gold ore processing plant
As announced on 14 October 2024, the Company, via its 50%-owned Peruvian joint venture Boku Resources SAC ("Boku"), has secured permits for the establishment and operation of its own gold ore processing plant ("La Patona Project") and entered into an option agreement with the landholder for use of its land. Management has since reviewed and reduced the capital requirements and timescales for the La Patona Project, with the revised plan estimated to take five months and cost $500,000. If commissioned, the plant will enable the Company to reduce logistics costs and retain a higher margin from production, whilst also offering the opportunity to scale the plant and process third party vein material from other artisanal miners, unlocking additional cashflow.
Toma la Mano tailings project
As announced on 6 March 2025, Boku has secured an option agreement to evaluate the opportunity to recover and sell gold and silver from the Toma La Mano tailings dump and redeposit the tailings in line with legislation - the first of several similar identified tailings dumps. Following a request for tender, feasibility study proposals have now been submitted, and management expects to award a contract in June. This will include a resource estimate, detailed metallurgical analy