Member Info for ifiknewidberich9

90.24 million pounds ('Mlbs') of U₃O₈ URANIUM and 4.17 million ounces ('Mozs') of GOLD

Assets will start doing the talking from next week, always invest in the quality of the asset.

NEVER the BOD or clown/s in charge.

Under the commercial terms of the Agreement, the Company will initially pay Sunshine a cash exclusivity fee of ZAR2,500,000 (approx. £107,500) and issue 20,000,000 new ordinary shares at an issue price of 0.75 pence per share ('Acquisition Shares').

· On settlement of the acquisition of the 100% interest in the Beisa Projects, the Company will pay a cash fee of ZAR175,00,0000 (approx. £7,500,000) and issue new ordinary shares to the value of ZAR200,000,000 (approx. £8,500,000) at an issue price of 1.25 pence per share and on the basis that Sunshine will not have a shareholding exceeding 29.9% in the Company and they will further enter into a LOCK-UP agreement with 12 MONTH TRADING RESTRICTIONS on any share sales.

Today 14:00

RNS Number : 0738G

Neo Energy Metals PLC

27 September 2024

Neo Energy Metals plc / LSE: NEO, A2X: NEO / Market: MAIN MARKET of the London Stock Exchange

The Beisa Projects which comprises total SAMREC Code compliant resources of 90.24 million pounds ('Mlbs') of U₃O₈ URANIUM and 4.17 million ounces ('Mozs') of GOLD

Deal done , asset worth Mega Multi £billions, Broker target upgraded to 23p ENJOY the Journey..........

So you do not think China moving in on TL waters is relevant

or building refineries that give us an immediate TL approved production path to market

Horta/Gusmao still hold sway over, what we can do after the drill.

More than relevant their 22 year impasse and as Horta said the other day "" why should our gas go to Darwin""

Maybe, we will like waiting for a bus , and then get 3 RNA messages back to back over the rns news wire, cheer up all the sad b , glass empty, with a case of dripping bottles sitting next to it, types on this and other boards.

AB doing a great job, navigating the local fugue state, it was always a LOOOOOOOOOONG play from the beginning for him in 2016, then later forming Sundagas 2018 and getting tender free Chuditch 2019 as his reward. Sadly snail pace Yeo ho ho and co , stuffed things up for him, with plenty of financial fcuk wittery and incompetence on the way.

AB has his baby back and will have all in place, not just the drill, come January 2025...........GLALTH's

Catch ya Friday or Monday

Minor op tomorrow, expected off feet for 3-5 days, making the location of this comp, inaccessible (stairs/study)

if someone can check below link tomorrow, Wednesday normal weekly cabinet, Gusmao has 2 deputy prime ministers available to chair the meeting for him. Horta deputises in his absence for non Parliament needs only.

https://timor-leste.gov.tl/?cat=9&lang=en

Here's hoping , the rest of your week is BLUE 👍

likewise, blue and green gas projects , helium/hydrogen/ammonia are a big market buzz these days and they could have stumbled onto a major winner here, someone else having put 2000 holes in the ground already to speed up the, as below says fast tracking of the project. 😲🤑🤑🤑🤑🤑

the results not only validate the historical data previously collected but also position the company to fast-track further exploration efforts. the measurement of high helium concentrations at surface provide a robust foundation for the continued evaluation of the outokumpu belt's potential as a major source of industrial gases.

· gas samples from a 2480-meter-deep drill hole, analysed by the gtk, has additionally revealed up to 46% geological hydrogen, highlighting the belt's potential for industrial gas reserves.

extensive historical data: >2000 historical drill holes provide robust foundation for fast-tracking gas assessment across the 40-kilometer licence holding

never given a rats **** for any bod, most of them sub standard, i prefer to stick with the assets, that should end up doing the talking for themselves, vice the clown princesses in charge.🙄🤦‍♂️

some good potential assets in the company portfolio, now added to by a potential historic gift blockbuster. 😲🤑🤑

Be great, if those free Luxury Buses are comforts for an impending return visit by Xi Jinping, to his good friend Horta.

Pope and Xi visit TL in the same year, Paddy Power would have given you 50,000-1 odds on that bad boy double at

the start of 2024......... 😉😅

Buses a now as promised delivered ,Hors d'oeuvre, they made other promises during that visit, lets hope they will also be honoured and announced soon, BRI level 2 funding for Infrastructure CONSTRUCTION and involvement in the Timor Leste Oil and Gas exploration/development.

They stump up the money for TL to build the refineries and storage at Metinaro/Beaco/Natarbora - Great for Chuditch

They have state companies like CNOOC move in for offshore exploration to assist Timor Gap - Profile raised for all, once more good for Sunda.........GLALTH.

EWT. The well was flowed naturally during the testing and based on the recorded flow rates, WITH THE ADDITION of artificial lift in the production phase, this becomes a globally significant helium project in southern Rukwa.

Would be higher, those natural flows, the real deals will be assisted flows, which could be multiples, until they do though, its guesswork, a typical vertical well in the USA when a true Horizontal lateral put in place , can improve flows by 3 - 15 times the vertical flow rate for eg, they have said many times this reservoir unique in nature, another wait, to see what effect the artificial lift and/or other modern completion techniques they can use to improve natural flow rates.

GLALTH

Every little helps 😉

So it's in the next 8 trading sessions, each that goes by, makes the RNA message update more pointless.

To be ahead of the original deadline it would have to be by next Friday 27th , the following Monday being the 30th.

Original deadline was 30th Sept, then put out the update , well advanced and will be completed ahead of the deadline, if it's only going to be a day or few, bit pointless and makes himself look stupid and save the cost of the update RNA.

Would get more thumbs up from the crowd, if he had stuck to original and then delivered the news early. 🙄

Understate and over deliver, always a winner over half hearted and wishful thinking , missed deadlines.

Inspires more shareholder/newbie confidence in the leadership, than MD's. 🤔

A bit pointless in putting out this RNA message update over the rns news wire, if it does not land this week Bunsen

if its next week, might as well have saved himself some personal embarrassment by leaving the safe original date in place and getting some pat on the back Kudos , if it then arrived ahead of the deadline..... 😲🙄🤦‍♂️

The Company is pleased to advise that, with its Advisors and South African based lawyers, the formal acquisition documentation with Sunshine is well advanced and is expected to be completed and signed ahead of schedule

And China buttering up the Gov with a freebie donation of Luxury Buses to TL , for Gov events and state visits.

(Xi Jinping, likes his comforts when travelling 😉😅)

Ambassador Wan Wenli recalled that the donation of these buses was agreed upon during the official visit of Minister Bendito Freitas to China, which was made at the invitation of the Chinese Minister of Foreign Affairs, Wang Yi. The Ambassador expressed the hope that “these luxury vehicles could be useful in diplomatic activities and state visits to Timor-Leste”.

New financial team/structure in place.

Presentation Ceremony for the Ministry of Finance's New Management Team for 2024-2028

On 16 September 2024, the Ministry of Finance, under the leadership of Minister Santina José Rodrigues F. Viegas Cardoso, held a ceremony at the Kay Rala Xanana Gusmão Auditorium to present the new management team for the 2024-2028 period, under the theme ‘Shaping Timor-Leste's financial landscape for sustainable success’. This event marks an important phase in the reorganisation and strengthening of the country's financial structures.

Prime Minister Attends the 79th United Nations General Assembly in New York

Xanana-G

The Prime Minister, Kay Rala Xanana Gusmão, will be absent from the country between September 18th to 30th, 2024, to attend the 79th Session of the United Nations General Assembly, which will take place in New York, United States of America.

JV deal = no placing - Big boy with deep pockets paying for the next phase of development/production wells

Sale = no placing - Big boy kicks HE1 to the kerb , with a very large $$$$$$$££££££ war chest, which will pay for the USA and new assets, that will in turn bring in more revenues.

Minnows do the donkey work, Majors and tier1's , move in and grab all/most and all those potential 20-50+ years revenues for themselves, question is at what point and for how much, will we be , as the poster earlier said ate by the sector shark, looking at the BIG PICTURE, not just the next , traders, skimmers and scalpers next teeny tiny % hit

GLALTH

Nothing like copl or we would now be still sub 0.2p on SUCCESS