Member Info for Iceman_1

The key for us is to get the La Patona Gold Ore Processing Plant moving FAST!!!

This is the key for us becoming profitable and successful. The boards needs to push hard at GOPP.

Once we have our own plant we can PRINT money 24/7!!!

Ranger,

I fully agree with your point of view.

Historically, once a war begins, gold often dips initially and then rises in the following months and years. This may be because some investors lock in their gains, especially as the overall market is likely to suffer, particularly when there is a risk of a recession.

High oil and gas prices are one of the biggest contributors to a recession. A perfect example was in 2008, when oil spiked to around $148 per barrel just before the market crashed. When energy prices rise sharply, it increases costs across the entire economy, transport, manufacturing, and food production all become more expensive. This puts pressure on businesses and reduces consumer spending, as people have less disposable income.

So i'm not big fan of buying ETF's in oil but im happy to add on Gold and Gold stocks.

Do you think this war has created more or less uncertainty?

With oil prices approaching $100, does that suggest inflation will fall in the coming months? And now that Iran is targeting gas and oil infrastructure in the Middle East, does that point to lower inflation, lower interest rates and lower oil and gas prices in the months or years ahead?

Last week, the IEA ordered the release of 400m barrels of oil, the largest in its history. How long will this last? We are short by 20 to 25m barrels per day. Then what will happen to oil prices once we have used up the 400m? This war has to end this weekend!!!! The most Trump can push this is next weekend. But it has to completely stop. If not, then I suggest you all start stocking up on food/fuel. Things will get really bad, really FAST. So buy lots of canned food with long expiry dates.

Starting a war is one thing; ending it is far more difficult. Just as the conflict in Ukraine became a proxy war between the West and Russia, there’s a risk this could evolve into a broader proxy conflict involving the US, China, and Russia in Iran. Not very good news!!!

Historically, gold tends to rise during major conflicts, especially when uncertainty, inflation fears, and oil prices increase. It often spikes at the start of a crisis and during escalation. Longer, drawn-out conflicts with high inflation and money printing have supported strong gold bull runs in the past.

Perfect time for China to take Taiwan. The US is too busy in Iran and, most likely under Trump, will not help.

So what's the impact on gold? Buy or sell? I think gold and gold stocks are the only things worth buying on dips. DYOR!

NTVO, around £2.8. million market cap and we are producing and will have our own processing plant. I think this is a strong buy!!! Its only going to go up from here.

GLA

Lol!!!

AIM,

What causes gold prices to rise?

Could you please explain this? I’m very new to this, and you seem very knowledgeable, so I thought I’d ask you.

I wasn’t comfortable with the gap open, so it’s good to see that the gap has now been filled. The price should start to recover once the gap is closed.

The key question is whether today’s RNS fundamentally improves the company’s position, and the answer is a clear YES.

We should see a gradual recovery back toward the 0.7p level and beyond this month.

It would also be great to get an update on the processing plant and a short 7–10 minute interview.

A good interview could help connect all the progress the company has made and generate genuine excitement. As we’ve seen, when an RNS is released without immediate follow-up, momentum tends to fade. A short interview now could be a real game changer.

While the market reaction may be mixed today, the fundamentals have clearly improved. I feel very comfortable holding and adding more here.

High-grade gold confirmed (up to 40.2 g/t)

Geological model supported by new sampling data

Mine plan validated, targeting high-grade shoots

Step by step the project is being de-risked as more data comes in. The company has made significant progress over the past 3–4 months, and this is now clearly reflected in the improving fundamentals. This should continue to build shareholder confidence.

With inflation pressures rising and the current global situation adding further uncertainty, gold and silver remain strongly supported, which could provide an additional tailwind for the sector.

Share prices don’t always move immediately after an RNS, as short-term traders often sell into the news. Once that selling pressure clears and longer-term investors begin building positions, the price should starts to move.

Because of the current war and global uncertainty, many investors are holding back for now. But that can actually create an opportunity for those willing to build a position while sentiment is weak.

Once the situation stabilises and capital starts flowing back into the market, companies that have continued making progress tend to attract attention again. NTVO has made solid progress on several fronts, and much of that still doesn’t appear to be reflected in the current price.

For now, I expect a gradual move upward as the market begins to recognise the progress being made.

Not quite. The RNS doesn’t say there are only 3 ore shoots. It reports multiple samples above 5 g/t and a peak of 40.2 g/t, which the company interprets as evidence of a high-grade shoot within the vein system.

No, the RNS isn’t misleading. The issue is that your post copied a few lines without explaining the "context" or what the numbers actually mean.

The tables show the distribution of all samples taken across the vein and surrounding rock, which is standard geological reporting. In narrow vein deposits, samples often include wall rock as well as ore.

That’s why the company plans selective (resue) mining. Targeting the high-grade shoots, not mining every bit of rock that was sampled.

The key point from the RNS is that bonanza-grade gold up to 40.2 g/t was confirmed, with several samples above 5 g/t, consistent with historical grades. That supports the presence of a high-grade ore shoot, which is what the mine plan is focused on.

Saying “95% of the samples are below 5 g/t” is misleading without context.

In narrow vein gold systems, grades are naturally very variable and gold occurs in high-grade shoots, not evenly across all rock. That’s why the company is planning selective (resue) mining targeting the high-grade zones rather than mining everything.

The important points from the RNS are that bonanza-grade gold up to 40.2 g/t was confirmed, there are multiple samples above 5 g/t, and the results are consistent with historical grades of 41.4 g/t, 27.7 g/t and 26.7 g/t.

So the focus isn’t the average across all samples. It’s the continuity of the high-grade shoots that will actually be mined.

These results are independent assay data from SGS Peru, not promotional claims. The company collected 147 underground samples, confirming bonanza-grade gold up to 40.2 g/t and showing continuity with historical grades of 41.4 g/t, 27.7 g/t and 26.7 g/t.

More importantly, the results add verified geological data, strengthen the mine model, and support the company’s selective underground mining strategy.

The fundamentals are improving, uncertainty is being removed, and the project is clearly progressing step by step toward production. In time the market tends to re-rate companies as risk reduces.

For me, while the market catches up, this looks like an opportunity to keep adding at these levels.

WHY TODAY'S NEWS IS BULLISH

Today’s RNS confirms bonanza-grade gold up to 40.2 g/t at Bonanza, validating NTVO’s geological model and high-grade mining strategy. With underground development already underway and production targeted for Q2 2026, this significantly de-risks the project. Below £3M market cap, the company remains extremely undervalued compared to many junior gold producers that often trade £20M–£50M+ once production begins.

Key points:

Bonanza-grade gold confirmed (up to 40.2 g/t)

Strong continuity with historical high-grade assays

147 underground samples independently verified by SGS

Mining contractor on site – development already underway

Production and ore sales targeted for Q2 2026

Below £3M market cap vs typical £20M–£50M+ producers

For a micro-cap moving toward production, this kind of grade confirmation can be transformational.

WHY TODAY'S NEWS IS GOOD....

Today’s RNS is a major milestone for NTVO and strongly validates the company’s strategy at the Bonanza Gold Mine.

Underground sampling has returned bonanza-grade gold up to 40.2 g/t, alongside multiple high-grade intercepts above 5–10 g/t. Importantly, these results are consistent with historical underground assays of 41.4 g/t, 27.7 g/t and 26.7 g/t, confirming strong grade continuity within the Bonanza Vein system.

This is significant because it confirms the company’s geological interpretation of a high-grade ore shoot, supporting the selective underground mining strategy targeting the richest zones while minimising dilution.

The results come from 147 underground channel samples taken between 5m and 45m below surface, and all assays were independently analysed by SGS Peru, a globally recognised laboratory. The data strengthens the company’s 3D geological model and supports ongoing mine development.

Recent RNS updates also confirmed that the mining contractor has mobilised to site and underground development has restarted, with shafts and galleries being prepared to support mining operations. This shows the company is moving from preparation into execution.

Importantly, the company has outlined the next step: commencement of production and ore sales targeted for Q2 2026.

What makes this particularly interesting is the valuation. NTVO currently has a market cap of around £3 million, which is extremely small for a company progressing toward gold production. Many junior gold producers with even modest annual output often trade at significantly higher valuations once production and revenue begin.

Based on the grades confirmed today and the move toward production, comparable junior producers often trade in the region of £20M–£50M market cap once production is established, highlighting how early the company still is in its development and valuation cycle.

GLA!!!

WOW!~

AIM, everyone is entitled to their opinion.

I’m perplexed why you spend so much time here if you don’t hold a position.

Anyway, it's clear to me that the company is being more careful and professional this time, which I feel is positive. The involvement of an independent geologist reviewing the results adds credibility and ensures the data is presented properly. The market will reflect this in the SP when the data is released.

Yes, there have been delays, but mining has restarted, mineral is being stockpiled, and development is progressing.

Below £3m market cap, I still believe the company is significantly undervalued compared with many AIM gold explorers trading at much higher valuations without production.

Thank you, AIM, for the update. That’s very useful information and I genuinely appreciate it!!

I actually see this as very positive.

The company doesn’t seem to be rushing things this time and appears to be building solid foundations. Mining has restarted, mineral is being stockpiled, and historic grades of 5–11 g/t with areas up to 63 g/t show the potential at Bonanza.

The fact that an independent geologist is preparing a full report adds real credibility and confidence to the results. It also shows the board’s confidence in the project, as they clearly want the data presented properly rather than rushing announcements. Personally, I think that’s a brilliant approach.

BELOW £3 million market cap and still below 0.48p, the company looks very undervalued compared with other AIM gold miners that are many times higher and not even producing or have a processing plant.

Also worth noting Spraten converting £100,000 at £0.0061968 and the board have stock at 0.54 above 0.58p. Both are showing strong confidence in the companies future.

It also feels like confidence is quietly building with private investors, with some informed investors buying and holding. That suggests more stock is moving into strong hands, with investors waiting for operational progress rather than trading short-term spikes.

So yes, assays may bring a spike, but with the progress made recently this could easily be the start of a proper re-rating rather than just another quick spike and drop.

At this valuation, it really wouldn’t take much positive operational news for the market to start re-pricing the company very quickly.

The main NTVO catalysts likely ahead are:

Surface sampling assay results

These results will show: Gold grade (g/t) + Potential extension of the vein + Exploration upside across the concession. This is often one of the most important catalysts for a junior gold miner.

First ore processing results from Bonanza material

What investors are waiting for: First processing results + Gold recovery rates + Revenue potential from mined ore. This will show whether the mine can generate cash flow.

Processing plant operational update

The next expected RNS should be: Announcement of the EPC contractor selected to build and complete the plant. Once the EPC contractor is appointed, it should trigger: Mining production ramp-up numbers + First revenue / cash flow update

Third-Party Ore Processing Revenue

The La Patona processing plant will include an on-site laboratory capable of assaying third-party ore. This opens another potential revenue stream: Local miners bringing ore for testing + Processing third-party ore + Assay services

Mining ramp-up and production updates

Future RNS could include: Tonnes mined per day + Vein development progress + Additional mining areas opened. This will show whether they are moving from exploration to steady production.

Cash flow / operational revenue update

Once ore processing begins, investors will expect: Gold produced + Revenue from ore sales + Cash generation from operations. This is usually the major turning point for small mining companies.

NTVO has now installed a hoisting bucket system, which is a standard and proven method used in underground gold mining to bring ore to the surface. After the vein material is mined underground, it is loaded into a steel bucket at the bottom of the shaft. A hoist and steel cable then lift the bucket vertically to the surface where the material is unloaded for processing. This type of system is widely used in the early stages of underground mines because it is reliable, relatively low cost, and quick to install.

A typical mining hoisting bucket can carry roughly 0.5 – 1 ton per bucket of ore per lift, depending on its size. With continuous cycles throughout the day, systems like this can normally move around 50–200 tons of material per day, which is a solid starting capacity for a developing underground operation.

The key advantage of this approach is that it allows NTVO to start extracting and processing vein material immediately without the huge capital cost of larger systems such as skip hoists or conveyor installations. Those larger systems are usually installed later once production scales up and the deposit is fully proven.

In short, the new hoisting bucket marks an important step for NTVO. It means the infrastructure is now in place to consistently lift ore from underground, helping unlock the value of the gold-bearing veins while keeping development costs under control during this early growth phase.

AIMinvestor22,

It does the job brilliantly!!

Have you ever worked in a mine or even visited a real gold mine?

SteveE60,

Excellent input, Steve. I will take your experienced viewpoint into consideration. lol!!

Enjoy your evening.