Member Info for Helx2

De-rampers getting twitchy..? can't blame em - there's a lot more pro-NTVO posters in here now that it's bumped & held @ 0.5p with the GM2 on Friday.

Get ready for fireworks.

Yes fergal - there's definitely jealousy afoot about being able to accumulate large amounts at the very bottom. I think the concept of 'averaging down' remains alien to TRADERS (especially ones that are bad at it). As an INVESTOR i'm already handsomely above my new average at the current share price with no intention of selling anytime soon - and I first bought NTVO (ECHO) years ago! ;D

Also - following my earnings clacs yesterday - given most of NTVO's business planning revolves around two processing plants and processing the ore of other miners in two regions (following the initial mining activities) - using a conservative P/E of 8 with stabilised annual earnings of $117.8 - it could be argued that NTVO's mcap could reach $942m+ in time. (very much a long view but it shows the opportunity is there).

Oh I can tell you that - he's had around 8 accounts so far - most of which came and went inside of a couple of days. The most prolific one was Steve09 which has a number of recorded comments when he messed up his trades @ a far higher share price. Hence the bitterness / hence the regret - a failed trader.

Well - unless you include for the buying and selling one of them was boasting about last week... ;D - de-ramper story having unraveled before our eyes... what an embarrassment - new account incoming...!

Yeah it's definitely solidified a bit at the 0.5p mark - bodes well in advance of GM2.

Https://www.nativoresources.com/investors/investment-case/

near and longer-term (2y+) NTVO objectives:

1. Build-up to extract 60t / day (average 15 g/t) at first Bonanza tailings project (Near term) - revenue: $118k/day @ $3,700 (assume x260d/yr x = $30.7m/yr) for processing via a 3rd party plant (so less 30% + mining costs).

2. Develop processing plant at same project (Mid-term) - with 350t/ day capacity - utilising it for the 60t/day mined + 290t/day from other local mines for processing fees only (30% of 350t total). Assume 15g/t again = 5,250g (185oz / day) x $3700 x 30% = $206k/day = $53.4m / yr. noting: minimal OPEX / higher CAPEX to build plant initially.

3. North tailings project (Long term) - build another gold processing plant up to 350t/day capacity - repeating the above but for other miners = $53.4m / annum est based upon the same grade rate.

If all of this comes to fruition that's $530k / day ($137.8m / annum) less Opex costs of the mining activities (say 30% of $30.7m ($9.2m) and processing plants - minimal OPEX - say $5m each).

$137m - $9.2m - $5m - $5m = $117.8m / yr profit... currently £1.9m mcap.

Hold for GOLD!

They bash - then they buy in - then they ramp - then they sell - and repeat.

key takeaway from the above - they know the share price is going up.

I think we launch north this week upon anticipation of a positive GM2 result. I'm very confident we'll get it too, so will see the start of fireworks this week & push on even further next week. There I said it..!

Even if it's just for equipment the link to the Chinese National Offshore Company is quite interesting - could this be the start of a growing national interest in the project for China..?

On the up again, both plans on track - they’re gonna have to convert quick if they want it at such a low price 😉

Reckon a large amount more have already gone through - we’ll probably get the RNS update here in a week or so. Stay on your toes - this is AIM after all…

This is AIM ;D

It's a comin' Fergal - keep the faith ;D

Sure sure - then keep up the good de-ramp - you're doing a sterling job ;D

1. do you really think conversions only occur after an RNS drops?

2. as upwards pressure builds on the share price given the now 70% drop of the last few weeks, the likelihood of a breakout & therefore race to convert whilst the price is still low will occur - I think we're at / very close to that juncture. But even if there's a further temporary slip, any damage is far more limited from these low levels - especially if you hold a long term view.

Then may I suggest we are very much in the loading territory again - could bring your average waaaay down - can see most (if not all) of the CLN overhang clearing in the next update - will be an immediate bounce back / race to get in. The damage has already been done so I prefer top up ahead of this - just to be sure ;D

Haha nice try kid ;D

if i told you I surfed the wave from 0.2p to 2.5p from Jan-24-Feb-24 with a holding of 5m would you believe me?

That's how you make the big bucks long term (not the small beer stuff that de-rampers target).

Then i guess i'll have to keep buying until then ;D

Ah they never do when it starts to bounce-back - on the journey with the below purchase back to at least 1p.

Nom nom another 3.3m for me - absolute bargain at this range.