Member Info for guzzler1962

New Fool

My question was submitted last week on the Investor Meet platform. Thank you for your advice.

Who's this new fool?

Coops

I can read thanks.

It's obvious they were hoping for an earlier start and negotiating funding to cover beyond it (as stated in same RNS).

The start date has already slipped, and given the fact that NTVO can't even stick to their time frames of weeks the chances of this being on time are pretty much zero.

Anyone thinking there won't be extra dilution prior is deluded.

"Once operational, expected to be early next year, La Patona"

Why is the change in guidance to "sometime in Q2" important? Funds!!!

Short summary.

It's a delay.

Iceman

They have scheduled a presentation for Thursday so they had to release something.

No doubt they were hoping everything would be in place to enter the mine with all personnel and infrastructure in place. The BoD would have an easy ride.

That isn't the case is it?

Let's stick to the facts? OK then....

1. Camp isn't ready

2. Contractors haven't been hired

3. Mine access/rehabilitation not complete

4. BoD on record saying all this would be in place July 2025

Previous official guidance has been production will commence 2 months after completion of field work and mine plan.

Not sure what has changed to reduce that guidance considering they are yet to secure contractors and Xmas is looming?

Spike please.

Helx

You don't think I'm helping? Explain to everyone how you are helping because from where I'm looking you've been calling this incorrectly for months.

0.33 on the bid today despite the transformational funding, the issue of shares at 0.44 to an ex Director, BoD spouses purchases and a tweet about a damaged plank of wood.

Helx

I'm a holder. Would you prefer I post utter tripe like those that claim the funding package with YA is transformational?

Ex Director cashing out.....🤔

12 months ago when NTVO was going to be the greatest AIM turnaround play.....

"The underground mine continues to be prepared, and simultaneous production will be initiated in December 2024"

There's a reason why Operational updates have little effect on the SP.

No mining either

​October 23rd

"The programme outlined above will extend over 30 days, including data processing and interpretation of field and laboratory results."

So how far over their 30 days will they be considering they are yet to secure safe access?

Fantastic tweet showing 2 guys measuring a damaged plank of wood 🤣🤣🤣🤣

SteveE

We will know next Thursday if they avoid awkward questions ;)

Part of my question is already out of date ffs

Using information from RNSs since October 2024 I've submitted my question 👊

Just £500K worth of shares left to convert 🙄

"The operator estimates that, subject to logistics, and the successful recruitment of qualified mining staff, mining should resume in short order with sales and cash flow from May"

When he said May, did he mean 2025 or 2026?