Member Info for Kojak61

My average is 0.94 per share, I bought 60,000 more today at 0.848, I love the moment, if we get ripped off I'll die satisfied that I tried to do something positive, if it does work out, I (and we) will be quids in.

Trojan, beautiful to see positive, constructive sentiment on our situation.

I feel like we are on another planet with this new board.

I thought you wrote kickboxing on purpose, I thought it was cool, it's better than box ticking 🤣🤣

Dafad, just wildly speculating... if those last few single trades changed to buys for 1.00, and all the previous single sells were for 0.90 while all other sells were beween 0.92 & 0.93, and all other buys were between 0.95 and 1.00, and by some crazy chance it's some algorythm, code, MM manipulation, a configuration in someone's buy limit or something that I have no idea of, and a limit has been reached, then that's a 0.10 increase between bid and ask. I'll make a totally wild stab at the price rising by 0.10 tomorrow. 1.00 bid and 1.10 ask. If I'm wrong I accept all the p**s taking.

Last Wednesday there were none, a couple on Thursday, more on Friday, and even more today. A while ago a similar thing started at another stock I have GKP. Now the list is mostly tiny unknown sales, you can't see hardly and real trades to give you an idea what the buying selling situation is, see below:

Trade Prc Volume Buy/Sell Value

01-Jun-26 14:29:01 173.80 4 Unknown* 6.95 O

01-Jun-26 14:29:00 173.80 6 Unknown* 10.43 O

01-Jun-26 14:29:01 173.80 6 Unknown* 10.43 O

01-Jun-26 14:29:00 173.80 6 Unknown* 10.43 O

01-Jun-26 14:29:01 173.80 4 Unknown* 6.95 O

01-Jun-26 14:29:00 173.80 6 Unknown* 10.43 O

01-Jun-26 14:29:00 173.80 6 Unknown* 10.43 O

01-Jun-26 14:22:19 174.40 3 Unknown* 5.23 O

01-Jun-26 14:22:19 174.40 3 Unknown* 5.23 O

01-Jun-26 14:22:19 174.40 2 Unknown* 3.49 O

01-Jun-26 14:22:19 174.40 2 Unknown* 3.49 O

01-Jun-26 14:22:19 174.40 3 Unknown* 5.23 O

01-Jun-26 14:22:19 174.40 3 Unknown* 5.23 O

01-Jun-26 14:22:19 174.40 3 Unknown* 5.23 O

01-Jun-26 16:35:21 174.20 67,012 Sell* 116.73k UT

01-Jun-26 16:29:01 174.60 16 Unknown* 27.94 O

I hope these single share sells go away, it's a tiny thing but it's annoying, they're taking up space and the real buys and sells get pushed off the screen. I know that LSE use an algorithm to predict if trades are sells or buys, and I accept that, and I accept that it's not 100% accurate, but I like it, it at least gives an idea about the stock's movement. The single share sells mean nothing to me, and hide information as they take up space.

Hi Dondon, which management do you disagree on, old NEO, new NEO or JAN?

# Trades 32

Vol. Sold 3,286,546

Sold Value £33.77k

Vol. Bought 4,524,592

Bought Value £47.00k

Market Size 1,000,000

Beyondthesea, you're right, that's the first half of the deal with the same amount also payable as cash. But.... as part of the agreement to sell Beisa SS asked for the right of first refusal of any new shares put on offer to maintain their strategic shareholding percentage. If the next dilution means they reduce their percentage, then I can only assume that they haven't exercised that right.

But I haven't seen that stated anywhere. So, who knows! Not that we can do much about it, or that it bothers me either way, as long SS don't pull out. They hold the cards not NEO.

Beyondthesea- were both qouting from the same RNS, Dec 2024.

995,454,544 is not a fixed amount, it was the number of shares based on the shares in issue at the time, and generated ZAR250,000,000 in 'Loan Notes'.

https://www.investegate.co.uk/announcement/rns/neo-energy-metals--neo/transformational-acquistion-of-beisa-uranium-mine/8599578?utm_source=chatgpt.com

See under... Key Terms of the Acquisition:

"Under the Option Agreement, the Loan Notes will be transferred from Sibanye-Stillwater to the Company, following exercise of the option by either party and the issue of 995,454,544 new ordinary shares to Sibanye-Stillwater at an issue price of 1.10 pence per share. Exercise of the option and issuance of these new ordinary shares is conditional upon obtaining a Rule 9 Waiver, admission to the Financial Conduct Authority's Official and the publication of a prospectus by the Company

· The Loan Note Instrument will remain as an inter-company debt between the Company and South African subsidiary, Neo Uranium Resources Beisa Mine (Pty) Limited and allow the efficient distribution of future profits from the Beisa Uranium Project through to the Company and its shareholders

· The Relationship Agreement sets out the terms of the relationship between, the Company, Neo Uranium Resources Beisa Mine (Pty) Limited and Sibanye-Stillwater, under which Sibanye-Stillwater has the right to appoint directors to the Company's Board and also holds a pro rata right of first refusal in respect of any proposed new issuance by the Company of new shares"

They have to offer SS 30-40% of any new shares, if they're going to end up with only 15-18% and that's all agreed, then SS must have said they don't want them.

"On completion of the acquisition of the Beisa Mine, Sibanye-Stillwater Limited ("Sibanye-Stillwater") will become the Company's largest shareholder with between 30% and 40% shareholding. Under the terms of the acquisition, Sibanye-Stillwater have the right to appoint an initial two representatives to the Company's Board and also have the right to a pro rata right of first refusal in respect of any proposed new issuance by the Company of new shares to ensure it maintains its strategic shareholding in the Company."

They wanted X percentage of shares, not X amount of shares. That's Sibanyes agreement to sell Beisa, and we don't want to lose that. If Beisa falls through with SS we turn back into an exploration company.

Hi FTJNY, I'll do a similar thing to my earlier question about what seems to be happening.

So... if the new board has said that SS will end up with 15-18%, I suppose that means there will be lots more shares issued and SS have decided not to exercise their option to have first refusal of maintaining their 30-40% interest?

Hi FTJNY, I'm a bit offended that you called me Kodak, I identify as a non binary 70s TV oriented person. Referring to me as a camera from a 70s TV add instead of a bald detective from a 70s TV show has made me feel like bit time warped.

Hi Ghost61, I'm truly not trying to offend, sorry if I sounded a bit abrupt.

Even though the old board were in control at the time, the 40% thing is something that SS stipulated, and SS are still involved, even if the old board are not.

When we're rich lets go for a beer, I'm sure we won't give a sh*t then how we came by the money.

To Ghost61, a quick update on my post "Last Minute Buying", and Mikeepikee1017's post replying to "Sibanye Stake", which talks about the SS 40% pro rata option.

I was just asking about the "Sibanye Stake" post as I wasn't sure, and I don't know why you used my "Last Minute Buying" post to make your point. But either way I am with Mikeepikee1017, AI correctly identified that SS have an option to maintain their share percentage. Whether they use that option is another matter! If more shares get issued and they use the option, or more shares get issued and they don't use their optionor, or if no more shares get issued and they don't need to use their option it's not going to make much difference to us minnows whether we get rich quick or not. But I suppose it would be good to know the actual ins and outs of it all.

Copy and pasted from the RNS 17th December 2025 "On completion of the acquisition of the Beisa Mine, Sibanye-Stillwater Limited ("Sibanye-Stillwater") will become the Company's largest shareholder with between 30% and 40% shareholding. Under the terms of the acquisition, Sibanye-Stillwater have the right to appoint an initial two representatives to the Company's Board and also have the right to a pro rata right of first refusal in respect of any proposed new issuance by the Company of new shares to ensure it maintains its strategic shareholding in the Company."

A link, but this RNS and its update is all over the place on the inernet.

https://www.investegate.co.uk/announcement/rns/neo-energy-metals--neo/funding-strategy-and-financing-update-/9301612?utm_source=chatgpt.com

Any shares issued beyond anything already agreed have to be approved and have the option given to SS to maintain their 30-40% stake.

Please stop panicking and trying to turn the new board into another JB

Of the total 30 million bought today, around 10 million were bought between 15:51 and 16:40 at just over 1p. I think that last minute buying is good sign. Those buyers don't think the price will drop below 1p, if they do why buy? Whether it's because they're trying to make a quick buck, or want to hold I don't know, but they're doing it.

So when the up coming shares are issued they get first refusal to maintain "pro rata" a 40 % stake

To try and put a bit of percpective on the proceedings. Sibanye Stillwater, and its ex founder being involved, currently makes NEO the Golden Goose of Small Cap Stocks. To confirm what most here already know, that SS is a solid money making enterprise, and has the experience and resources to deliver.

The example I have just seen seems to have slipped the popular news sources, but was on Euronews in Spain.

They have been involved in, have substantial shares in, and helped to fund Keliber, since Q1 2026 they are the first ever active producing Lithium mine in Europe.

https://www.euronews.com/business/2026/04/28/finland-becomes-first-in-europe-to-run-full-lithium-mine-to-refinery-cycle

AI summary: Sibanye-Stillwater holds a 79.8% stake in the Keliber lithium project in Finland, which is the first domestic source of battery-grade lithium hydroxide in Europe. The project officially commenced mining operations at the Syväjärvi open-cast mine in February 2026.

Project Overview: The Keliber project is a strategic effort to develop a sustainable battery-grade lithium hydroxide supply chain for the European electric vehicle market.

Location: The mining and processing operations are located in the Kaustinen, Kokkola, and Kronoby municipalities in Western Finland.

Ownership: Sibanye-Stillwater owns ~80% of the project, while the state-owned Finnish Minerals Group holds the remaining 20%.

Strategic Status: The European Commission designated Keliber as a Strategic Project under the EU's Critical Raw Materials Act (CRMA).

Investment: The total capital investment for construction was approximately €783 million.

Current Status and Production (as of April 2026): Active mining of lithium ore began at the Syväjärvi Mine in early 2026.

Concentrator: Cold commissioning of the Päiväneva Concentrator is ongoing, with production of spodumene concentrate expected to reach ~140,000 metric tons per year starting in Q3 2026.

Refinery: A decision on commissioning the Lithium Hydroxide Refinery to produce ~15,000 tonnes of battery-grade lithium annually is pending EU negotiations regarding price protections.

What is it with these thousands of tiny trades, many for just one share, does anyone know?