Member Info for Iceman_1

Smart money moving back into the stock.

We should see a nice tick up soon!

STRONG BUY!

IMHO!

Coops18

You’re right — someone is definitely buying at 0.45p. For every seller, there has to be a buyer. I think someone is sitting at 0.45p and gradually adding to their holding.

Some of the trades might also be related to ISA transfers. I bought some shares last week after the update and requested to have them moved into my ISA account on Friday. My broker transferred my NTVO shares from my regular trading account into my ISA. The shares were added to my ISA today, but I couldn’t find any record of the transaction in the trade history. I’m assuming the MM sold and re-bought them at the bid price in several small amounts.

EGTP

You’re truly one of the nicest people I’ve ever met. Always ready to help, and your kindness and example really stand out. You’re right that we should live each day as if it were our last, because no one knows what tomorrow will bring.

I don’t understand why some people post negativity. I’ve lost money in AIM too, as I’m sure many have, but we move on. Some take it personally and never fully accept the risks that come with investing. That’s why I always say: only invest what you can afford to lose, never so much that it makes life feel bitter or unfair.

Some might’ve missed this little detail in last weeks RNS 👀

Both Stephen Birrell and Christian Yates took shares instead of cash — £30k and £15k worth — and at a premium to the market price (0.475p vs 0.44p).

But here’s the interesting bit… those amounts are net figures.

So what was the gross value before tax? 🤔

If those figures are after 40–60% tax deductions, then the real total could be much higher — showing an even bigger commitment than most realise.

I’ll also be emailing them today to ask for clarification on the gross figures, and to suggest they start updating their X.com account more regularly — maybe even do a short interview explaining last week’s RNS.

That would stop all the unnecessary speculation that people like AIM create. 😅😅😅

Have a great day everyone!!

I’ve done ISA transfers many times. I’m with IG, and every year I just call them up and ask to move my stock from my share dealing account into my ISA. They sell my shares in the share dealing account at the bid and then buy them back slightly higher in the ISA account. When I see two large transactions — one at the bid and one slightly higher — but no change in Level 2 or the bid price, I know it’s an ISA transfer.

Just speak to your broker; they’ll confirm this if you have any doubts.

No ifs or buts — this is a smart move by the BOD. Cash is king, and the less they spend on wages, the more they can invest where it really matters to drive faster progress.

This is a positive RNS, no matter how you look at it. Why would the directors take their wages in shares if they didn’t believe in the company’s future? They could easily have taken cash and kept doing placings — we’ve all seen that before in stocks like VAL and ODX.

Instead, they’re clearly focused on preserving cash, which is a smart move for any small cap. Cash is king, and they’re managing it well.

I’d still love to see the directors buy some shares on the open market to reinforce their confidence — that would really send a strong signal. But overall, I’m happy with this approach. They’re doing the right thing. Well done!

@rhwillcoll

Appreciate you keeping us updated.

AIMinvestor22 – mate, I’ve been knocking around AIM since 1998, I’ve seen every trick in the book! 😄 You’re wrong on this one though. I’ve got a good feeling about it. You do what’s best for you, and I’ll keep buying.. Paid 0.6p last week, so I’m just averaging down nicely today. I still reckon this goes way past 2p — I’ll let the share price do the talking soon enough.

MrH_m

AIMinvestor22 seems a bit stuck in the past — maybe still haunted by the higher entry price days! We’ve all been there on AIM. It’s part of the learning curve. No hard feelings, but it’s probably time to move on and look forward to a brighter future. The time to buy is now, not to dwell on what could’ve been. Markets reward those who keep their heads up not those who post their pain away. 😄 😄

AIMinvestor22 — hope this clears things up!

If the information is already available, I’m not sure why you would ask the question. Asking something you already know the answer to just seems like creating unnecessary doubt for other investors. If that is your aim, then I doubt you’ll be successful, as I’m sure most of the BOD do keep an eye on the LSE.

Great question, AIMinvestor22 — it's understandable to wonder why Nativo is conducting another study on Bonanza after the high-grade results reported in October 2024.

The initial findings were indeed promising, with grades up to 27g/t Au. However, those results were based on early-stage sampling and did not constitute a comprehensive resource estimate. The recent RNS clarifies that the Bonanza Vein Study is a focused programme of surface and underground exploration aimed at assessing the gold mineral potential of the Bonanza structure. The results will provide the technical basis to recommence the small-scale mining operation.

This approach is standard in mining, especially when transitioning from early-stage exploration to development. The study will deliver a Final Geological Study Report featuring a detailed mineral zoning map, a lithological model of the Bonanza Vein, and a preliminary internal mineral resource estimation. Additionally, a Mine Plan will be prepared, outlining the development and production programme, equipment and resource requirements, with a budget and investment schedule.

By conducting this thorough assessment, Nativo aims to optimise the mine plan, identify new favourable ore zones, and ensure a sustainable and profitable operation moving forward.

Hope this helps clarify the rationale behind the ongoing studies.

I think this is extremely positive. Whenever directors decide to buy shares in the company or take part of their wages as shares, it’s a huge vote of confidence. Taking shares as compensation is effectively working for free — and nobody does that unless they see a substantial carrot at the end of the tunnel. This is one of the clearest signs that the board genuinely believes in the company’s future.

Buying into the company with their own money is always a very bullish signal. Both actions — buying shares and taking shares as salary — show that the directors have real skin in the game. Once that happens, most of the usual negatives, doubts, and speculation can be set aside, because management’s interests are fully aligned with shareholders.

Having been involved in AIM for a long time, I can say from experience that when boards don’t invest their own capital, it rarely ends well for shareholders in the long run. Conversely, seeing directors actively put their money into the company is a signal I take very seriously.

For me personally, I would be over the moon if I saw directors buying shares, and I would consider adding more to my position at almost any price. This is currently my largest holding, having bought between 0.45p and 0.6p.

The recent update this morning confirms that all projects are on track, bases are being covered, and the team is growing. With the works pipeline focused on gold identification and extraction, 2026 is shaping up to be a transformative year for the company and all shareholders. Losing some weak-handed holders recently is actually a positive, as it clears out those only looking for a quick gain, leaving stronger, committed investors.

This is exactly the kind of company where director buying and alignment with shareholders can create massive upside — and I would be excited to see it happen.

Thanks, Aim — I’m watching it now.

The recent RNS shows real operational progress at Bonanza and the La Patona plant — boots on the ground, study underway, and near-term production potential clear. Funding discussions are advanced, and the £400k raise has strengthened working capital.

That said, some investors are still seeking clarity on a few points: future funding sources, timeline to cash flow, operational milestones, and potential resource validation.

It would be great if the CEO could do an interview this week or early next, to explain progress, address these questions, and give investors confidence in the next steps. This would really help build confidence and show the market the work happening on the ground.

Good post, Coops18!

Exactly my thinking — in the recent placing, one share came with a warrant at 0.45p. Selling a few shares at breakeven or small profit while holding the warrants makes perfect sense. This doesn’t mean the RNS was weak, especially with gold holding $4,000. That’s why I’ve been adding more today — solid opportunity here!

Sorry to disappoint some here, but I’ve actually added more on this dip!

Good luck everyone!

Would be great to see the CEO do an interview soon to talk through the progress in today’s RNS.

Looks like someone from the placing might be taking a bit of profit — probably happy with their warrants. Doesn’t mean the RNS was bad or that no progress was made. I’ve seen this happen on AIM many times — good news comes out, price dips a bit, then rockets a few days later. MMs will play their usual games, so best to do your own research and buy when you’re confident.

Strong RNS today, I’m actually glad there wasn’t a spike — perfect time to load up quietly before the crowd catches on.

Agree!

Strong RNS from NTVO – real progress at Bonanza with teams now on-site and the 30-day study underway. La Patona plant nearly ready, funding talks advanced, and early 2026 production on track. Finally moving from plans to action — momentum building fast.

We should see a good move up.

Hopefully the CEO can do an interview this week or early next — that would really boost confidence and help the market understand how close NTVO is to production.