Member Info for PageofCups

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Moderate grades?? test pilot production had recovery from ore of 83%+ uranium. The uranium layer is a different colour to the channel sand. The uranium is black carboniferous. Just dig and separate the two colours and run the black ore. Easy to mine . Low cost mining at it's best. Uranium price now over $81 a pound.

Certainly is..uranium at surface ready to dig..Class A Tier 1 mine. Anglo American had huge plans for a major scale mining operation at Henkries. All that planning and testing has now been inherited by NEO. $30m spent on feasibility studies back in 1979. All that work picked up by NEO and it's JORC compliant with less than 10% of the licence studied. Strike is open in the paleo channel for 37km..when fully tested the resource of Uranium will be five times current estimate. All at surface.

Hopefully break 1p today.. then move to placing price of 1.25p. Jason paid 50% premium for shares at 1.25p. Really shows huge confidence. News of onsite work at Henkries which will move the sp. New company yet to show it's hand. Uranium on an upward curve...the asset is real and has huge scope for expansion.

Negotiating what? GSA has been approved and is with the attorney general for sign off. The field development plan has been approved. The development licence has been approved by the Tanzanian authorities and is with the Cabinet of Ministers for final approval.

You plonker!...so you really believe an oil & gas company will not evaluate their own 3D data and come up with their own in house estimates before handing the data over to an independent competent person to do a CPR..Lol If that were true then the CPR could say what they like, such as sorry guys' nothing to see here you've got no gas lol. How gullible!

ARA will already know what they have and will expect the CPR report to confirm independently the gross volumes of gas. They're not stupid. Therefore AEX will also know as part of the JV agreement where all information has to be shared. Have any of you lot worked in the oil & gas industry?

Calm down dear..it's just a joke. Buy some NEO to make you feel better. lol

Robert Ambrose is a Zubair man. Of course he knows what the 3D results are. He works for Aminex now so by association he has knowledge. Even if he didn't, Aminex have 25% of the asset. Do you really think ARA are going to say you're not allowed to see the results..lol. This would be a breach of the JV. You guys are not that clued up .

Well it was called Stranger Holdings. lol

How refreshing to have clarification from Mr Brewer. I hope that's good enough for you jemgeee.

Don't be a turnip all your life Jemgeee. Stock is locked up for 6 months as per the prospectus. Brewer has cashed in Marula 4p warrants and has bought NEO..yes he's sold some Marula because he knows NEO is a money maker. Nothing wrong in backing two horses. They are both winners.

You watch when the 3D results get announced...0.9p lol... more like 1.9p

ARA have already come out and said their own estimates for GIIP is over 8Tcf. That's based on just the 2D seismic. The 3D will show a lot more detail. It's not like they are trying to hide anything from the Tanzanian government. 8Tcf is already the company's own estimate.

Jason puts his money where his mouth is. What he's done at Marula is what he'll do here at NEO. Only he's gone in even bigger here.

Now holding 223,324,461 Ordinary Shares representing approximately 17.86%

Expect more from other directors at this crazy price.

And there's another TR1 holding RNS. Brewer has bought a further 11,158,361 shares at 1.25p, a 50% premium to market price.

AEX hold 25% of the asset and are a key stakeholder so will have access to the 3D data. It's not like they are bystanders. A partner like ARA will have to share the results which has been clearly stated as being processed, interpreted and out for a CPR. They should announce the initial findings like all O&G companies do, followed by the CPR estimates. The CPR usually validates company estimates. It can't be swept under the carpet...and ARA don't have the Tanz authorities to hold them up when it comes to 3D results.

Fill your boots boys and girls. 1p will go today.

This is like MARU..

Only Jason Brewer has taken a bigger holding in NEO...

You think he's a mug?

If you read my previous post you will see that Jason Brewer has increased his holdings from the prospectus holding of 189,500,000 (15.58%) to today's TR1 notification of 212,166,100 (16.97%). Told you he would increase his holdings in NEO. Probably got some more to come at this silly price. Placing was at 1.25p. Fill your boots.