Literally nothing to stress about if you're here for the mid-long term DA. Just sit back, watch the gold price rise + watch NTVO progress with their re-mining and GOPP facility development.
Ah but the potential is still there - even more so for newer shareholders with a low mcap and 2x funded exploration programmes by the respective JV parties.
If these silver grades come back as I think a number on here expect, we could see a serious move northwards / far more market interest in UFO.
Like the earlier post states - we'll find out Wednesday... place your bets.
The potential is of course far greater but it's wise to keep err on the side of caution - hey if 'playing it safe' is still over 10x from here i'll take it haha!
I think we see consecutive days soon where we have over 100% rises in each trading day. Had action like that in late 2019 with a few miners - macro PM sentiment is far stronger now and Nativo are actually going to be producing gold within the next 2 months. gonna be funny to see when more people cotton on.
Phase 1 is the re-opening of the Bonanza mine (artisinal mining - targeting 5 - 10t or ore per day / ave 15g/t in Q1) + completion + operation of a new gold ore processing plant (end of Q2 - processing 150t / day for both Nativo's + other miners.) - estimated gross profit of both activities between £14.4m (£7.5m net) likely - £33.1m (£22.3m net) best annually. Phase 1 is already fully funded. - target market cap on P/E of 5 = £37.7m to £111.5m with gold @ $5.5k
Phases 2 & 3 (5x more mines + 350t/ day + silver tailings) will add further value in time).
Seemingly lots of new posters / traders jumping on the bandwagon here.
For the regulars, we all know the opportunity NTVO holds and significant strides they've made to get to this point.
Fully funded to start re-mining at Bonanza (Q1) - fully-funded currently building out a Gold Ore Processing Plant (operational by end of Q2 / 150t / day - taking a 25-30% cut of all gold ore processed.
A £3m mcap re-rating to £30m+ in the mid-term. GLA holders.
RE: Gold price context: St Elias era vs today🔥29 Jan 2026 09:01
Spent some time yesterday updating / correcting my feaso for Phase 1 - primary correction being the calculation of future mcap by net profit & not gross profit - so admin / expenses of $2m have been included plus 29.5% (corp) tax then deducted.
With gold @ $5.5k this gives a likely of £37.7m + best of £111m mcap for fully-funded phase 1 alone (Bonanza + GOPP).
A staggering uplift from where we are today (£3m) - without even factoring Phase 2/3 (GOPP @ max + tailings + 5 other Tesoro mines). This will be the AIM stock of 2026 - mark my words.
Bulls don’t need to do any work - NTVO just need to keep on delivering like they have been doing - eventually the tide will turn and we’ll see the total re-rates this company fully deserves. In the meantime if you can make a trade out of it then good for you! - only it gets a little harder to buy back in each time with a rising share price…