RE: Start date17 Sep 2025 12:53
Immediate / short term
Shareholder approval for funding resolution (to issue shares to raise capital).
Capital is needed for subsurface works, plant design, tailings work. If the vote passes, that means NTVO can move ahead on projects; if not, delays .
End-2025
Field surveys, sampling in Peru (Bonanza, Morrocota, etc.). Also progress on Tesoro Gold Concession.
These are core projects. Positive sample or survey results could begin to support value beyond just speculation.
Processing & plant work
Moving from using other plants (βtollingβ) to own processing plant designs. Tailings plant / gold-silver recovery projects.
Owning processing improves margins. For juniors, the ability to process own ore / tailings is a big step. It reduces reliance and improves cashflow potential.
Bond / liability restructuring
Technical default on bonds; restructuring proposals.