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Uranium $80 a pound up from $74..

It's clear something isn't right. No attendance at the Moroccan energy conference and Malcy whatsapp's PG who was onsite well testing and could only manage a terse reply. They have probably tried testing the wells and haven't managed to flow gas and are hiding behind the MOU statement to kick everything into the long grass.. Call me cynical..but when management actions no longer reflect their stated promises it gets a bit worrying.

Marula yet to get a JORC compliant resource for their lithium. NEO have over 16,000m of drill cores to go through and already have a JORC resource of 4.7Mlbs of uranium. They have a proved pilot plant production of ore with 85% recovery of uranium. Very advanced more so than Marula's Blesberg mine...all for 1.2p

Absolutely. The uranium isn't 200-300m deep like most prospects in Canada where it costs 100's millions to extract. Therefore the in ground valuation is far higher due to the cheap extraction costs. This has been overlooked by the markets current valuation.

Looking at a 5 bagger before mine goes into production.

Current NEO Mcap valuation is $3.82 per lb in the ground based on 4.7Mlb.. way too cheap. Should be $10 in the ground considering near to surface and free digging low cost extraction. Mcap of $47m or £37.7m = 3p a share.

Expand to 10Mlb resource @ $10 lb = Mcap $100m or £80m = 6.36p a share.

BUY BUY BUY

Plenty of newsflow here on ops they are already working on. Cores and assays and soil sampling to increase the resource and the footprint. Only 10% of the 734km2 licence studied and already a JORC 4.7Mlbs of uranium. Uranium on it's way up aswell. About $74 lb. Expecting to hit $100.

Someones picking these shares up big time. Late trades always reported end of the day around £60k+

Lol..got any other stories.

NEO's biggest backer has put in £3.5m for 406m shares. I think that's more than 0.2p lol

He wouldn't do that if he thought it wasn't worth it..follow the money.

I can see institutions buying this particularly as it's Uranium and a green investment. I'm expecting holdings RNS's to occur once this is trading fully.

Lol..Chattty..are you having a larf? How many companies raise cash at a premium to the trading price? None. The £500k on top of the £5m raised iallows for the advancement of the project to increase the resource estimates and move to production. The main investor Van De Burgh of QGC who is investig £3.5m wants to see mining in 2024. This is a near term fast track low cost development mine in a sector that is hot for uranium. All of the uranium is at surface 5-8m in soft material sand. Easy to process. Uranium is going up in price.

The sp fell on first day of dealings yesterday mainly due to NEO not being on trading platforms. They RTO'd into Stranger Holding which had the ticker STHP and online brokers still had STHP as the ticker hence limited dealings and the drop. Should be on brokers platforms by Monday. If you can buy then get in before it'd widely available.

Nice raise at 1.25p.

NEO have been approached by the TSX exchange for listing in Canada, which they are considering.

Apparently a lot of brokers are yet to go live with NEO online. Should be done by Monday.

Lock up agreements are for 6 months not 12 months.

As per prospectus. p126

26 Lock-Up Agreements

Each of the following shareholders (collectively, the “Locked-In Shareholders”), who collectively are expected to own approximately 39.7% of Stranger’s share capital immediately after Admission, have agreed that it shall not, offer, sell, contract to sell, pledge or otherwise dispose of any Ordinary Shares which it holds directly or indirectly in the Company for a period of 6 months commencing on the date of Admission.

Gathoni Muchai Investments Limited 189,500,000 15.58%

O’Sullivan Advisory & Investments Ltd 74,500,000 6.12%

Mayflower Capital Investments Pty Limited 45,000,000 3.70%

James Longley (via Hargreaves Lansdown (Nominees) Limited) 46,867,797 3.85%

Oliver Edmund Chapman Longley 4,655,000 0.38%

Charles Ronald Spencer Tatnall 51,522,797 4.24%

Wavecrest Capital Pty Ltd 43,965,286 3.61%

Peter Dennis Hibberd 30,991,923 2.55%

CIH Mining Investments 10,845,457 0.89%

Dover Harcourt plc 42,616,950 3.50%

expected to own approximately 39.7% of Stranger’s share capital immediately after Admission, have agreed

that it shall not, offer, sell, contract to sell, pledge or otherwise dispose of any Ordinary Shares which it holds

directly or indirectly in the Company for a period of 6 months commencing on the date of Admission:

Q Global Commodities Van De Burgh has put in the bulk of funding £3.5m at av. of 0.86p. He wouldn't do that if there was flippers here. Seed investors are locked in for 12 months.

Https://www.share-talk.com/jason-brewer-neo-energy-non-executive-chairman-interview-commences-trading-on-the-london-main-market/

I'd love to buy some of these as uranium is hot...but can't get a quote with my broker. NEO not available yet..Grrrr

Anyone else having the same problem?

In Van de Burgh's interview he said they have a couple of assets for Shuka and will be announcing them in the coming weeks. That was 18 days ago.