Member Info for MrH_m

…and they have been fighting off interest from IIs for months now. They wanted the right package at the best price to take them forward to making money as soon as possible. December is the target

I think further news re the feasibility study and re-commencement of mining won’t be far away. They will be sure to get momentum going into the funding deal

Definitely the blues later :-)

This is a classic MM move to protect liquidity in anticipation of the ‘spike’ that is inevitable. They will also be protecting profit taking which is understandable. I have found some extra funds to average down even more as this is too much of a gift to ignore. GLA

Deliberately so bud - if all the key milestones are hit over next few months we will be 2/3p+

1.5p (min) by Xmas is my guess

1.5p (min) by Xmas is my guess

😂😂😂😂😂🙌

This is a big one tbh.

Nativo’s just secured a £2m funding package from Yorkville - a proper institutional investor, not the usual AIM placing crowd! It means they’ve now got the cash to push ahead wth Bonanza, Morrocota and the tailings project without needing to come back to shareholders again (at least for a long while).

The key point - funding risk is gone. The £200k equity part was done at 0.44p, basically at a premium to the market price at the time. You don’t see that often on AIM and that normally gets a lot of investors juices flowing!! Shows Yorkville clearly think the current valuation’s way too low and want in before the next move up.

This funding also comfortably covers the tailings feasibility study (likely cost circa £400k according to my research - expecting news in this to follow soon) which will be the next big spend on the roadmap. That’s a massive step - once complete it’ll put a clear number on the tailings resource (the board are very excited by the amount of shiny stuff left in the ground) and give the market something proper to value.

Add AlbR coming in alongside Zeus and you can see what’s happening here. Two solid brokers, full funding, and ops about to restart.

When they confirm mining has re-commenced in Dec, this willreally take off. And with Richard Edwards and Adrian Crucefix already holding big stakes, wouldn’t suprise me to see more TR1’s landing soon!

GLA

Yep!! I wonder if we’ll be seeing JungleVIP et al tomorrow 🙃

No doubt Richard and Adrian will be dipping into their pockets again (assuming they haven’t done so already) 😉😀🙌

Long-term funding was the biggest risk factor holding this company back from a proper re-rate. Confirmation of re-commencement of mining will deal with the second. Get in now whilst you can is my advice :-)

*watch it claim

What it be claim it bought back in earlier today 😂

I can imagine the feasibility study will be commenced very soon (likely cost circa £400k)

Dec re-commencement of mining confirmation will then kick this well above 1p

Really great news this - they’ve been vetting (and fighting off) potential long-term funders for months - hopefullly the market will push us back to 0.65p and beyond now the funding issue is resolved. Sleep well genuine investors :-)

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Interesting...

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