RE: Vote yes and get gold11 Sep 2025 10:27
Stevie80y
I think you are probably right there is someone in the waiting to invest but it looks like they are asking for matched investment as in NTVO need to come up with a reciprocal amount. Which is more or less what the company has been saying other than it may need matching.
The paragraph from the last RNS " The Company has sufficient working capital to complete limited aspects of the technical programme for Bonanza and Morrocota announced on 13 August 2025 but will require further funding by the end of October to complete the programme, including sub-surface works to identify ore shoots, as well as for working capital purposes." may indicate that they have lost track of the vein. If that was the case the statement above could be true. Best way to prove what is there is to bring it up. Also they require to carry our this resurvey to find where it has gone. Why do a separate work to look for ore shoots when you could do it while hauling out the vein material?
The increase possible levels that were issued where very much highlighted as possible and not fact. Basically a sales pitch.
Unlike PI's these guys can basically say show me before I hand over my investment, but they can't. Bit of a bummer.
It is all down to trust. NTVO are the only ones that really know what they have produced and what they have found. Why did the partner bail out (if that was the case)? Do these new investors trust them enough to go all in? Not yet anyways.
I just saying it as I see it. Too many whys for me, but that's my opinion which differs from many. We all have feelings about things as well as regrets for things we didn't do or follow up on.