RE: 🔥 Nativo Resources – Bonanza Vein delivering BIG! 🔥16 Apr 2026 09:10
FrankyS1971
Fair points, but I think you’re leaning a bit too heavily on the negatives and ignoring what’s actually changing here.
Yes, dilution has been an issue. No one’s denying that. But that’s pretty standard across AIM juniors at this stage. The key question is whether NTVO can now transition from funding mode to cash-generating mode, and that’s exactly what these high-grade results start to support.
On the model risk, I agree, it’s not fully proven yet. But that’s why the upside exists. If everything was de-risked and running smoothly, we wouldn’t be sitting at a £2.5m market cap. The market is pricing in execution risk, but arguably not giving much credit for the grade potential we’re now seeing.
Narrow vein mining does have higher unit costs, but that’s where bonanza grades come in. If you’re pulling 10g/t+ and even hitting 70g/t zones, margins can still be very strong despite higher costs. That’s the whole point of selective mining, quality over quantity.