Member Info for FrankyS1971

I am - note the continued weak price whilst new shares wash through - you think it won't go below 0.4 then helx - typically people average down and absorb the extra shares in circulation and load their risk. I'll wait but prepared to see it drop. its always hard to buy at the right time but I'm in good company with the Directors who are in at roughly same price as me.

Next message will be a new Director appointment and a small dilution to pay his compensation I reckon. Thereafter around Q3 we might get news on the revised/refreshed process and intent to get a small pilot physically into Bolivia for 2027. No way, they ain't going to want to investigate this DLE extraction tech v given the intent to work with the US and Europe is stated. And of course Ghana could be massive!!!! (joke)

The only trading I know how to do is on Vinted with my missus Helx you bell end.

Iceman - they do matter because the market will want proven continuity, that then infers the economic model and the operability, given all the past issues with the mine expect caution. We need to string a couple of successful glitch free quarters together then it'll go up a gear.

Yes AimInvestor! Sounds about right. I'm taking a calculated risk on this one. I don't think there will be any hiding by April and we'll all know the trajectory we're on! GLA

So you think by talking "to the moon" gibberish will help a re-rate?? Give it a rest why don't you - this will take a while to derisk as you well know.

my meaningful contributions will continue helx as opposed to your b****tery and one-sided noise. there are many reasons as to why this can x3-5 but there are risks - as guzzler just commented there is a history of progress slipping and that will require more dilution. hopefully not.

You're acting like a nob Helx - I have 10K in at 0.6 and have no intention of putting more in. Such a dork low grade cop out instead of engaging and acknowledging that there is risk attached you just spout the upside and make out everyone is somehow sinister because it doesn't play well with what your ego needs to hear. So again, there is still a volume of new shares washing through and this will create downward pressure. If there are any operational delays or extra drilling needed there will be another issuance to pay the contractors and get to operationalisation. This is a valid risk and you may not like it but it won't take much to see this into the mid 30s. If I mistimed my entry than so be it. I won't be averaging down. Now please shove it where the sun doesn't shine matey

There's no trying Helx..there is still some shares overhang washing through and there may yet be more dilution unless we start producing PDQ. Any delays and we'll be diluting to pay the contractors. Obviously if the grades and everything else hold up then we're off to the races but there is clearly more downward pressure likely for now. Its not really dramatic to suggest as one very possible outcome.

Heading to 0.35 unless positive news on grades and progress etc

The £40M valuation is a "bridge." It prices in a successful start-up at Galactica but leaves the "Blue Sky" upside of the Tanzanian project (which is significantly larger in scale) almost entirely out of the current price. Galactica suggests 10 x on earnings minimum and thats without any operational hiccups or setbacks, therefore its only really Tanzania that can see this SP rocket AIMHO.

Ah right so the dilution has happened cool!! And that ll be enough to fund the business through potential drilling progamme and operationalising a mine through to resource estimates and maiden resource etc. Phewie I was thinking we might have needed more. The prospectus will reveal the investment required no doubt and as the share will get suspended, you'll have plenty of time to absorb the details and work out whether you re prepared to stay invested for the long term. GLA.

I enjoy rattling the odd cage. Find our who s pragmatic who s blinkered and get a view on stuff I m invested and think tge odds of progress are good but please we don t need one sided ai generated bullets or cheap noise. Nuff said.

Well Iceman you obviously haven't figured out how to use it properly. I also "researched" NTVO and came up with the below - How come you didn't see this from your research?? PS 71 is the circumference of my nob in inches

Mining reality does not match the plan. Bonanza is meant to restart with contract mining, targeting 50 to 90 tonnes per month initially and 150 to 300 tonnes per month after about three months. If grades, dilution, continuity, or access do not support that ramp, revenue stays “proof of concept” rather than a business.

Processing margin stays ugly for longer than the market expects. The near term model relies on a local processor paying spot minus 20% to 30% (and you are trusting their assays and recoveries). If La Patona slips beyond the stated Q2 2026 start, or never reaches stable throughput, the rerate catalyst is delayed.

Permitting and formalisation friction. La Patona references IGAFOM updates under the REINFO system. If environmental and formalisation milestones drag, the plant cannot legally run as planned and third party artisanal feed can become a headache rather than a tailwind.

Funding structure caps the upside through supply. The £1.8m CLN (convertible at 0.51p) amortises at £180k per month plus interest, and there is also an ATM facility. That setup can create constant equity issuance and conversion selling, which smothers rallies unless cash flow arrives fast.

Timeline credibility, one missed quarter and the market turns. They have guided that mining starts in February and initial sales land within the current quarter. Any slippage usually forces more financing, which loops back into dilution and weak sentiment.

You say DYOR research iceman and then get Chatgtp to do it for you hahahaha

Haha AIM. I swear to god I've plunged in 10K last week - I'm a believer!:-))

Numbers generally sound Helx but Ops won't be running 365 days a year. there are going to be operational issues and people, process challenges especially early on. I would be conservative and suggest 300 days - knock the mcap down to 25M and you're still at x4MCAP - it might take a couple of quarters of steady operationally sound and uninterrupted figures to get that momentum. X3 or X4 from here by summer would be a sound outcome! Down side risk is that the mine is a Dog and expensive to maintain and operate. Viable at todays prices but if gold took a kick the mine would soon look vulnerable if ops costs and maintenance are high...just a devils advocate view

I wouldn't worry too hard. Usually an RTO comes with a suspension of trading. So expect to be locked in to your positions on announcement.

Skippy it doesn't mean that at all. often the money doesn't appear until there are things like maiden resources or JORC's or economics to hang a hat on. other times its pure sentiment - look at Amigo for heavens sake!! there is no way of knowing but if IF Bonanza can start to operate predictably over the next 12 months the money will land as the MCAP is tiny. balance of risks and probabilities suggests this is cheap.

Emotional = irrational Herzog. You bought at the wrong time and are sat on a paper loss whilst new investors come in at a point that feels unfair to you. I get it but its those new investors that you need - to kick-start some form of recovery for you, so don't envy them or spout rubbish as it helps no-one.