Member Info for Iceman_1

There’s been a lot of misinformation posted about the CLN, so it’s worth sticking to what the company has actually disclosed via RNS.

Today’s RNS (27 Jan 2026) confirms that YA II PN Ltd has converted £180,000 of principal plus £2,884.93 of accrued interest, resulting in the issue of 35,859,790 new shares at 0.51p.

Key points from the RNS:

CLN principal prior to conversion: £1,620,000

Amount converted: £180,000

CLN principal remaining: £1,440,000

Shares issued: 35,859,790

Admission expected: 2 February 2026

This RNS also confirms what some seem to be missing:

The company is not required to RNS when a CLN amortisation is settled in cash

An RNS is only required when shares are issued — exactly as per the original funding RNS

The first amortisation (early January) appears to have been settled in cash, which explains why no RNS was issued at the time. That is entirely consistent with today’s numbers.

So the repeated claim that “£2m is still outstanding” is now factually wrong and misleading. As of today, the CLN balance is £1.44m, not £2m.

On top of that, NTVO has:

The ATM facility to manage repayments at stronger prices

The option to repay early

And a mining restart expected in February, which materially changes the funding and cash-flow outlook

The narrative of “£2m of imminent dilution” simply does not stack up when you look at the actual RNS trail.

As always, anyone unsure can email the company directly rather than recycling fear-based assumptions.

The real focus remains unchanged: Mining restart, Cash flow generation, and Re-rating!!

Principal amount of CLN remaining: £1,440,000

NOT £2 MILLION!!!

iLL REPLY LATER TO YOU.

I’ll reply later—I’m a bit busy at work right now.

You two should find something else to do in the meantime.

You are not invested here so why are you so concern?

Ranger104uk,

I don’t “bleat” either way. I respond when there’s misinformation that needs correcting. The difference is, I’m focused on facts and the investment, not noise for the sake of it.

If you had something meaningful to say yesterday, you’re free to say it now.

You’re not checking the facts. Either you haven’t read the RNS properly, you don’t understand it, or you’re posting without care — I don’t know which.

But before commenting, you should take the time to verify the information.

What disappoints me is how much time you spend here trying to undermine this investment. Why?

This constant negativity adds nothing and only damages constructive discussion.

AIMinvestor22,

Every time I come here for information, I see the same names posting rubbish and misleading comments!!! That’s not contribution — it’s spam.

Aim, I also added yesterday at 0.62 (twice) and around 0.66... so what? I’ve done my homework, and I added again today based on my conviction.

Let’s see who’s right over the next 30 days. If my view plays out, it’ll speak for itself, no commentary needed.

And do you remember when I was buying at 0.30p while you were posting negativity? Look at the price today. Anyone who bought back then would be up close to 100%.

Shame on both of you for misleading investors with envious, negative commentary!!!!

AIMinvestor22/ ranger104uk

Do you not have a life outside of reading and posting on this bulletin board?

Both of you sit on the sidelines, waiting and watching for an opportunity to comment. That kind of behaviour suggests a pretty empty and unhappy mindset. You both bring that negative energy here with your constant bleak, pointless questions.

What do you actually get out of it? I’d genuinely like to hear your side. Come on, Aim/Ranger, tell us.

This behaviour doesn’t make you clever or superior. It just comes across as envious, bitter, and sad.

I’m sure you’re better than this.

To the naysayers and keyboard warriors who analyse everything but risk nothing!

It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood; who strives valiantly; who errs, who comes short again and again, because there is no effort without error and shortcoming; but who does actually strive to do the deeds; who knows great enthusiasms, the great devotions; who spends himself in a worthy cause; who at the best knows in the end the triumph of high achievement, and who at the worst, if he fails, at least fails while daring greatly, so that his place shall never be with those cold and timid souls who neither know victory nor defeat.”

― Theodore Roosevelt

Great point, EGTP!! I couldn't agree more. Once the plant is online, those tailings and near-surface resources should be among the lowest-hanging fruit for us to monetize, and fast.

Just to clarify what tailings are for anyone new to mining, as it’s a term that doesn’t come up often.

Tailings are the leftover material from previous mining operations after the ore has been processed. The key point is that this material has already been mined and is sitting at the surface. Older mining methods were far less efficient than those used today, which means valuable metals that couldn’t be recovered economically at the time were often left behind in these tailings.

NTVO has identified multiple tailings dumps, including "7 initial dumps in northern Peru", as part of its broader tailings clean-up and reprocessing strategy. The objective is to recover value from material that was once considered waste, while also remediating legacy mining sites.

In short, this opportunity isn’t about opening new mines. It’s about unlocking value from material that’s already been mined, using modern technology and today’s economic conditions.

Many people still think of NTVO as a gold-only story, but there’s a very material silver opportunity that’s largely overlooked.

Historically, St Elias Mines (2004–2014) focused on high-grade gold, with silver largely uneconomic to recover and often left behind in tailings (waste dumps). Back then, silver prices were low and technology was less efficient, so much of the silver ended up simply being discarded. Today’s processing methods and much higher silver prices change that dynamic entirely.

NTVO’s tailings projects aim to:

Take old tailings

Reprocess them with modern methods

Recover both gold and silver

Sell the recovered metals

Leave the land cleaner than before

That’s why you see terms like “tailings clean-up strategy,” “low-cost, low-risk,” and “gold + silver recovery.”

Using internal grades referenced by the company (34.5 g/t Ag) and 5.1 million tonnes of tailings:

34.5 g/t Ag ≈ 1.11 oz silver per tonne

5.1 Mt × 1.11 oz/t = 5.6 million oz silver

At today’s silver price of around $109–$110/oz, that implies a gross in-ground value of US$610–620 million just from the silver component alone.

Even after accounting for processing costs and recoveries, that’s a significant potential revenue stream in addition to gold and it hasn’t yet been fully reflected in the market’s valuation of NTVO.

Of course, grades and recoveries still need to be confirmed via assays and metallurgical work, and economics will depend on real recoveries and costs, but the silver side of the story could be a major value driver alongside gold.

DYOR but this gold + silver tailings angle is something I think more people should be watching and asking questions about. 👍

I’m just reading through this again!!!

Definitely worth a look if you’re thinking of buying NTVO. 👍

https://www.nativoresources.com/media/1672/nativo-resources_corporate-presentation_september-2025.pdf

I’ll post tomorrow what I think we’ve all missed as well. 👀

Hi ianjan,

I’m just looking at ADVFN data.

Today, the total volume traded was 156,582,733 (one hundred and fifty-six million, five hundred and eighty-two thousand......). Out of this, 63,344,804 (sixty-three million, three hundred and forty-four thousand.......) were buys, and 89,530,311 (eighty-nine million, five hundred and thirty thousand .......) were sells.

So, as you mentioned, the Spartan Fund holding of around 16 million shares would likely have been absorbed in a short period of time if they had sold out. However, nobody can confirm whether they actually sold unless an RNS announcement is released.

Note: Some of the sells were actually buys.

Thank you, AIM — you’re a good man. 👍

Might be worth putting a few quid into NTVO as well… at least then you can enjoy the ride with us!

True, contractor news can cause a spike but I think the bigger point is WHY the contractors are there.

Some resistance is expected as people look to exit at breakeven or take small profits. But once production starts and cash flow becomes visible, that supply should get absorbed quickly and the market can re-rate properly.

The real move won’t come from a headline — it’ll come from execution and results. Each rise clears more overhead supply, making the next leg up easier.

If you’re an investor, focus on progress and let the share price do its thing. 👍

A lot of people seem to be confusing NTVO with a drug/biotech type of play and thinking the latest RNS means it’s time to sell out. I don’t see it that way at all.

This is an operational story now and over the next few weeks, things could move quickly as activity on the ground ramps up. If they’ve got a team of contractors in place, they won’t be sitting around doing nothing. They’ll be pushing the project forward.

I think the next few weeks and month ahead could be very interesting. I’m especially looking forward to the upcoming lab results and an update on the processing plant, as both should add more clarity and help the market better value what’s coming.

Good post, NanoCapInvestor!

We’re in the biggest gold bull market of our lifetime, so there’s no need to worrry. Once mining starts, the share price should move on its own and smart money will naturally find its way here. Its a pure gold play.

In my view, this is one of the most undervalued stocks on AIM.. Which is why I’ll keep adding whenever I have spare cash.

If you’re a trader, then fair play — you’ve made your 10% in a day. Great work.

But if you’re holding for a few weeks or months, you really need to ignore the small day-to-day price movements.

Personally, I think we’re only just getting started here and I didn’t spend all that time researching this company just to sell for 10%. We haev a long way to go from here. IMHO!!

Absolutely, Helx2!!

Re-rate journey just getting started!!

I genuinely believe we’re still at the very beginning of the re-rate here. Over the next 6 months (into Q3), we should start to see real value unlocked as NTVO transitions from a “paper story” into real cash-flow execution. With funding secured and Phase 1 progressing toward production, the company is moving into the stage where the market typically begins to re-price risk and reward properly.

The biggest step-change in valuation usually comes when production starts and cash flow becomes visible.

Phase 1 is the foundation: With Bonanza mining ramping + processing progress, Phase 1 alone has the potential to generate meaningful profitability even on conservative assumptions.

Every milestone now matters because it moves us closer to turning potential profit into realised profit.

NTVO is finally moving into the phase where the market starts paying attention!!

I added three times today and all above 0.62p. The highest i paid today was 0.656p!!!

GLA.

Sorry, i'm little slow today. As im dealing with an emergency. Should be back to normal tomorrow.

All buys showing as sell = 0.656 = buys!!

MM trying their best to slow the move up. lol!!

I think we will close at 0.8 to 0.9p today. And break 1p tomorrow

Nativo Resources Share Price (NTVO)

Just check it out. It will be worth it!