Finance & Backing16 Aug 2024 10:15
Chaps the point here is we are all responsible for DYOR.
Your comments are always around short term... its going to jump soon or its going down. None of that matters.
An RNS is designed to give the relevant facts and encouragment, where possible, moving forward. You can read into them any which wat you want. The fact remains this is a massive oportunity for NEO.
They have invested heavily but the returns have the potential to transform the business exponentially. This will not happen today or tommorrow. However if you're here to make a quick buck on the ups and downs then you're still probably in a great position to IMO.
Todays RNS....
· The review also highlighted the potential upside that exists at Beisa South, as well as the need for further work to be undertaken on the existing resources of 33.1 Mlbs of U₃O₈ and 2.12 Mozs of gold
· With the technical, financial and legal due diligence now completed ahead of schedule, the Company is now working with its lawyers and South African advisors to finalise the formal acquisition documentation with Sunshine
· The Company remains on track to sign this formal documentation with Sunshine by no later than 30 September 2024