Member Info for Helx2

Lovely interview (30min one) - Christian speaks very coherently I thought.

Tesoro alone to be producing 65t / day target @ ave rate 9g/t current prices (£67/g) is circa £14m / year (£7m 50:50 JV) in revenue before base cost + 30% processing plant deductions).

Add in the 100% processing plant (-£1m cost est.) which is looking to process both Tesoro's (get back 30% of 65t/day - £4.2m / £2.1m) + 290t of neighboring miner's output @ 30% - £19m (50:50 £9.5m / annum) less operating costs (minimal).

Then add in the further 'north-tailings' processing plan - 350t @ 30% = £23m / annum(50:50 £11.5m) - less facility capex/opex.

Actually crazy how this is the new 2 year plan... bags of potential all at a sub £1m mcap. currently... if I had any spare cash i'd be throwing it in here at these levels. Could be producing 56m (£28m 50:50) of gold per annum within 2 years. insane - ave cost base / annum (incl outlays) won't come close, so most of that - say 75% will be margin. Might lock these shares a drawer and come back in 2yrs tbh...

Long gone? I’ve retained a holding in UFO for over four years fyi - made some big top ups recently though - will be riding this train all the way back up. Think you might be the quiet one come the JV news.

Awesome - please can you F off until Xmas time? - that’d be great for all investors here. See you at 1.5p

‘The voice of reality’ in your own head only.

This is a new company with a sub 1m mcap. Anyone investing NOW is going to bag up considerably once the NEW gold operation is in full swing.

Stop acting so defeatist just because of the past. You aren’t helping anyone here (especially holders) with your rooted pessimism. Sentiment of any kind influences mcaps that are especially low. You KNOW this - there’s no need to be such a bad egg.

Maybe take some of your own advice and go spread your miserable gospel elsewhere. ‘Life’s too short’ and all that.

Yawn - time to flip to long silly

Ah just the momentum this stock needed - only way is up now. When this JV / off-take news finally breaks, all hell will break loose to get in at the morning bell. Told you to load your bases late last week… 😅 let’s see this one come home x10+

The irony coming from the posts of Steve08 who only set up his own new account / profile on 02-Sep-24 🤣

Yawn... 10 day old news - Chinese development stocks already rebounded. keep up!

Nice premium price there - most people buying here will be holding for a multi-bagger. I'm at least here for the full re-rate to a new base level of between 5m-10m. no point down-talking ECHO anymore - we're in a new era with NTVO - getting exciting!

Have you never experienced a 10x on an AIM stock ranger? I had it with HE1 earlier this year (will go again btw) - should try a few others out and spread your risk instead of moping about here all the time 😅 it’s gonna happen with NTVO from these levels, only a matter of time.

Can't see the post but i imagine it's an attempt to rub salt into the wounds of ctag investors. no skin off my nose - plenty of other plates to spin / plenty of fresh income to invest - be sure to spread your risk across all asset classes - don't stay focused on one share-board your whole life - haha!

who knows - we may still even get a result here - although some clarity of wth is going on would be a good start!

Also agree it could quite easily x10+ Just didn't want to get carried away with the potential...! just gotta load up here & chill.

I'm expecting more than 100% - up 400% to only a £5m mcap with some decent gold results.

Couldn't agree more - half of the contributors to this board are stuck-rooted in the past. Lot's of scope of a multi-bagger here.

Thought i was just playing spot the difference...

who cares about the past if the present & future are both looking rosy?

I'll wait for you to produce the goods this time - make the effort to disprove me.

Yeah i think that's what's happened Angus - I reckon Amit's brother was the buyer and his plans have changed hence the silence + why amit's at a loss at what to do. Hopefully this legal action (phase 1) gets us some answers we definitely deserve.

And now we have cash in the bank for the next two quarters, zero debt and a gold mining operation underway (all whilst the price of gold is at all time highs....) undervalued much? I think so.

uncertainty kills markets - when things are quiet with a company (aka ufo slow-building / prospecting but not physically 'delivering' anything significant over the last few years), then an already vulnerable share price gets further compounded by negative macro-sentiment (unstable politics / outbreak of war). it's happened all across aim.

imo - ufo has been ground to such a low base, that it's market cap is way out of kilter with what it should be worth given the scope and quality of the materials in the ground.

this can switch around very quickly - as we saw (albeit for a brief period of time) in late 2020. go check the graph and compare it to where we are now... the same is going to happen again, except this time it should hold in the pennies, particularly if we secure a jv / off-take + move into production / (or even full sale).

compared with 2020 we have more discovered resource (+ more coming @ han****) / jorc'd resource / (a partner / agreement / sale on han****) / a now consolidated pindiri hills silver + pgm play / a lithium opportunity (where we don't have to lift a finger) and an experienced chairman who is playing this whole thing out like a winning game of chess.

oh and re 'placing' - listen to the recent interview again. capital raising via new shares at the current price is very much a last resort behind an impending partnering agreement / sale of han****.

patience is a virtue - ufo's time to shine is very close - hold onto your butts.