Member Info for ranger104uk

Remember this from 8 months ago?

Nativo Resources plc (LON:NTVO), which has interests in precious metals mining and production in Peru, provides the following update on the Tesoro Gold Mine ("Tesoro"), southern Peru, which is held by the Company's 50%-owned Peruvian joint venture, Boku Resources SAC ("Boku").

Boku has secured the permits for the establishment and operation of its own gold ore processing plant ("La Patona Project") and entered into an option agreement with a landholder for use of its land (the "Land Agreement").

The Land Agreement provides Boku with an eight month exclusivity period to undertake a feasibility study for the plant in order to confirm commercial and technical viability. Upon confirmation, Boku has an automatic right to proceed with development and operations. Under the Agreement, in the event that a decision is made to build and operate the plant, Boku has the unilateral right to use existing permits and rent the land, in return for monthly rental payments equivalent to 4% of the plant revenue. This includes an option to buy out the rental payments and take ownership of the land and permits for a one-off payment of $750,000, which can only be exercised after two years of plant operation.

During the exclusivity period, Boku has no financial obligations, and there are no upfront payments required for acquiring this option.

Greetings

41 days since the last operational update and 77 days since the only operational mine was suspended.

As Busby used to say... It's good to talk!

P Poor

Nope they are thieves

Heartless robbers

08 they are looking at building their own processing plant. Which wouldn't just be fore their own ore.

They said there was a alternative access road which was longer. But the miners were laid off anyways or jacked.

08 what about the long forgotten processing plant? That wasn't near the washed away road.

Has the been kicked into the grass too.

Needs help?

They are producing nothing, what does he need help with?

Jobs for the boys.

If you think thats a good RNS then can't wait to see what a bad one looks like.

Better off bring in some f n miners rather than another snout in the trough.

Madeitup

Buy out your partner in a failing mine when you have no money?

You are a clever boy.

You are drowning while praying for rain

Yoggy 100,% correct.

RNs fails to point out they are producing nothing.

Its a blah blah blah. Wind bag.

GM is just a tin rattle.

I really am a gassed at how brash this crowd are.

Interests in gold mines my aunt sally. Fn Gold spray paint

No worries 08, work hard and don't invest on this nag and you could join me. Just a short trip Hungry at the end of next week. Boys weekend

Cloudy day in Turkey today. Doesn't look like the sun is shining in here either. Just madeitup and durexbunny with their usual sales pitches.

As for SB and the BoDs that are deafening in their silence in any product sales or real activity. This is the thing with Lifestyle companies they can never show an real sales or profits. Slow stream of entering into agreements or contracts just to keep things look warm.

The real truth is they jumped on the gold bandwagon just as it ran wild. Now with no gold to show they go all Mum.

Anyway thin Tom Collins isn't going to drink itself. I'll look back in later if the sun fails to show.

Toddle Pip

As Donald Duck Trump would say... The BoDs are Beautiful Beautiful people they deals are flooding in. (Or was that the mine?) They have gotten rid of the miners that were claiming to have dug deep into the shareholders pockets.

SB messaged on his might be true media that last ore shipped was highjacked by BnQ for garden ballast.

100 hundred days of Trump = 100 days of No Gold

My old sausage.

Many moons ago there was a mention of a gold processing plant which must be due to expire. This mad as it seems maybe the only way this bunch could make any money as mining doesn't appear to be their thing.

Madeitup

I'm Surprised you're still around or using the same name let alone still trying to pass this off as a going concern.

No slow boat but an Àirbus 321Neo new one too.

Open or closed the company it's losing.

Lifestyle companies never aim to make money for shareholders, it's all about coming up with ideas that need more money. Print more shares, pay the BoDs and look for another mine or idea that will never make money and do the same.

Pretty much as when it was oil.

I'm no gold miner but after 6 months with pick and shovel and the money in the bank is kicking the artichoke of the over draft you have to say not a lot has changed other than a name change.

Suitcase is packed Turkey tomorrow. If I bump into SB I'll tell him you are looking for him.

Cheery

Breathe taking day, not a spade dirtied not a fleck of gold found.

But some nondescript Lawyer seems to invest in a dodgy gold mine which is currently not producing kick a 17% bump in local bubblegum prices?

Mug punters wanted...

Why is that good news?

Pretty sure the BODs will be issuing plenty more shares. If you haven't noticed sales have been thin on the ground this last wee while. The Only working mine has been shut in and all the qualified miners (company's own term) were let go.

Still with continuations of interest and BoDs wages to pay the piggy bank only just rattles.

Once this said mine gets going again there will be a further wait until the next sale of ore to the processing plant.

One documented sale...... out of 4 recored by ways of RNS with no monetary value given.. me smells stinky poo poo.

And "click" Back in the room

As far as I can remember there have been 4 deliveries to the processing plant.

The 1st was the only that gave any sort of details but didn't give any financials for the sale.

The other 3 were very limited in detail, only in line with expectations (who's and what expectations are unclear).

As for the road repairs, these are out of NATs control. which maybe a good thing.

Next delivery? They didn't announce the last 3 they just came out in conversation.

He may keep an eye on this board, but doesn't give a flying F to what anyone thinks.

Happy Easter

Enjoy the weekend guys

This CEO took how many months to even introduce himself never mind communicate on a regular basis.

Madeitup It is warming to see that you are finally seeing this as a Lifestyle Company. I'm not sure how much you are under for but think it's time to pull the pin.

There is plenty more placings to come £70k isn't going to last long.