Member Info for HerefortheComedy

Ranger makes a fair point. Historical actions show that the price of gold is irrelevant and will continue to be if they continue along this line. The flip side to this is if they can show a genuine plan to extract gold at surface in a scalable and efficient way then perhaps things may be different. There are explorers such as WSBN who are exploring hundreds and hundreds of metres underground and who may or may not make a discovery but are valued at many multiples to NTVO.

I hope that provides some balance to the discussions.

Golf57 - That RNS was issued before the £400K came in. There is potentially another £400K to come in from warrants but the share price would most likely need to move first. Notwithstanding this, I am not disagreeing that they will need funding sooner or later to advance the projects but funding can also be seen as positive if the price, timing and use of funds is right. The share price for some companies have reacted well to fundraisings recently including NTVO to the last one. Conversely, there can also be negative connotations of funding and this is what the traders always focus on to dispel FUD. Going concerns statements which require the directors to consider the period of 12 months from approval of the statements (which are inherent in a lot of small cap companies not just NTVO) and GM enabling resolutions (which is a requisite for virtually all companies) are not the best way to make specific comments to NTVO.

Golf57 - Please see the Circular which says "Such authority to expire on 30 June 2026 or if earlier, the date of the Company’s AGM in 2026, save that prior to its expiry, the Company may make offers or enter into agreements which would, or might, require equity securities to be allotted (and treasury shares to be sold) after such expiry, and the Directors may allot equity securities (and sell treasury shares) under any such offer or agreement as if such authority had not expired." If a Company includes an authority to raise up to £5m, it doesn't follow that they immediately need or will raise £5m.

AIMinvestor22 - you are referring to a GM resolution. That is merely an enabling provision and uses the words up to.

AIMinvestor22 - Good luck with your trading (your flip was less than month ago (not months) so not too far to go back).

AIMinvestor22. Understand and respect that there are some seasoned vets in here. I am new to posting but have watched the board for a while. Loved the flip to go long a while back.

Generally miners have been beaten down to prices where there is potentially more upside than downside at their current valuations. All boats float on a rising tide (bull run). Specifically, positive business updates could increase investor sentiment and progress to production. Cash is better than in recent times and they will need to demonstrate that any future raises advance the operations. Dilution is good if they do but bad if it gets consumed in working capital. The other side of the coin is they continue as they have in which case the price will stagnate, gravitate down. As with all small caps, there is plenty of risk here and potentially plenty of reward. DYOR and GLA.

Fair point. All I would say is that benchmark for miners over the last few years generally is 80-90% down from Covid highs. Your view that the company may continue to struggle may be right but at the same stage, the company could present value at these levels if there is a bull run of miners and they turn things around. Past performance isn't necessarily an indicator of future performance. I presume your are not currently invested? I see you trade this and then temporarily switch allegiance?

What is the good work AIMinvestor22?

Thank you. I wasn't referring to your last post but rather your posts generally. One can be positive or negative on a share without ramping/deramping. Just interested in your motivations for posting in here as I am not sure I would bother if I wasn't invested. Have you been burnt on this share before?

Morning Golf. I see your posts are mainly negative. I am all for balanced debate but presumably you are not a shareholder given your comments and therefore would be interested to hear why you take the time to post on here? There must be some reason? All the best.

Got myself up to speed by reading the last few weeks posts; anyway onwards and upwards and GLA.

Ah. So when someone claims to have made £4k in 4 hours, they have conveniently forgotten the other 40 hours they have spent posting.

Good afternoon All. I have just taken a small position in this one and am looking forward to see how it fares. New to these chat boards but please can someone tell me why there are a few in here who clearly have no positions but still post on here repeatedly and go on about the past? Can't change that, only the future!