Member Info for rhwillcoll

Some great person on this board made some great forecasts re revenue and profit generation in the summer, based upon the gold price being $3,700 per ounce. I haven't updated this person's figures - maybe someone else would like to, now that the gold price is $4,000 and estimated to rise to well over $4,000 in the coming months and years. NTVO is scheduled to begin mining its gold in the highly prolific Bonanza mine in December, before first payment is scheduled. It is known historically that this is a highly prolific and producing gold mine, hence the historic name 'Bonanza'. with average very high gold rates of 15 g/tonne. The same goes for the Morrocata mine, right next door. NTVO own 100% of both mines. I entirely agree with the figures below.

This loan is a very small one given the almost immediate early profitability of the company, and imho will be paid back in a very short time, given the very short-term rise to profitability of the company.

Here are the figures for revenues and profits short-term:

We know that NTVO's plan is to be a gold processor for artisinal miners, even more than being a gold miner in its own right.

1. Mine average of 60t / day @ 15g/t average grade on the initial Bonanza mining project = 118k/day @ $3,700/oz = $30.7m/y less OPEX incl. 3rd party refining.

2. Build a processing plant with 350t/day capacity - (processing the 60t/day above + 290t/d from other nearby gold miners (taking a 30% cut across all) = $206k/day = $53.4m / yr. less cost.

3. Build another gold processing plant with 350t/day capacity (north tailings project) to repeat 2 = $53.4m / annum est. less cost based upon the same grade rate.

If all of this comes to fruition that's $530k / day ($137.8m / annum) less initial CAPEX (say $20m) / OPEX (say$10m for both plants) = $108m profit / annum - currently sitting at £2m mcap... - on a low P/E of 8 - NTVO has the potential to be valued at $800m+ in time, as plans get delivered).

I trust that the above is some help. Gold production costs in Peru are $1300 per ounce max, so come early New Year, the company's own mining profits alone with its own processing plant will be $4000 minus $1300 equals $2700 per ounce. Say 60 tonnes per day at average of 15g/tonne, this alone comes out at 30 ounces per day (15g x 60 tonne = 900g or approx 30 ounces x $2700 profit $81,000 per day x 30 days = $2.43 mn per month or £1.82 profit per month - that is £21.9 profit per year.

Gold spot price is $4,003

I like the ambition of the BOD. All three areas - gold mining, gold processing plant and tailing - can be scaled. The company have great plans for scaling, which they do mention quite a lot. We will look back and know that this is a great company in the making. I topped up this morning in this excellent sale.

So many buys this morning. We'll end up blue today I reckon. But this is only the start of our "blue period"

This really is great news! I'm very impressed with the BOD, to be honest.

Delighted with this.

Gold spot price $4032 right now.

US Fed has just pumped $29 bn into the banking system, the greatest amount since the dot.com bubble. Gold is the place to be, that's for sure.

Thank you Iceman for those links to the analysts' gold price predictions, and the reason why. Interesting re forecasts for long-term gold prices from here.

I do think that "steady and likely to increase" is what will happen in the coming years, and of course this is great for gold resource stocks, including NTVO.

Good quote from one of your links:

JPMorgan forecasts gold hitting $5,055 by late 2026 and $8,000 by 2028, while Goldman Sachs maintains its $4,900 end-2026 target, calling the current dip a “healthy consolidation phase.” Whether $4900 per ounce or even rather more, it is great for such stocks as this.

Right now, the gold price is $4019 per ounce. The fed interest rates will continue to drop after yesterday's quarter rate reduction, which is one key factor in increasing the gold price. US banks are looking at $5000 per ounce next year.

Well, it does appear that we now have a prize asset in the ground. The in-ground value is a very conservative $1200 per ounce for in-ground gold in Peru. NTVO's is probably worth much more than that.

15.5 million buys so far today, with a 2mn one having just popped in. Just saying.

Someone recently made a good point on X that shortly, NTVO will be making their entire current market cap each and every month!

Interesting food for thought. Gold production costs in Peru likely to be only $1000 per ounce - very low compared to others, esp with NTVO's very high grade gold per tonne.

Maybe another 3%-er or more accumulating? Similar yesterday. A beautiful company to invest in, that RNS last week was brilliant! Thank you, Helx2.

10 + million buys today now. I'd better stop there 😃

Now 9 million buys and rising.

A couple of lovely buys have just come in (totalling 6 million) - plus 9 million shares bought yesterday. This is a beautiful time to accumulate. The company has a low risk strategy, with outstanding gold projects in Peru underpinned by record high gold prices.

👏 👏 👏

Some really large buys have just come through. Investors seeing how immensely cheap NTVO is right now. At only £2 mn mc right now I'm expecting a 300 bagger. £600 mc with the company's three fold plan later next year and in full production would at PE of 8 not be out of reason imho.

........ and I should add too that this 3-fold plan of action: gold extraction, gold processing (for the company but mostly for other miners), and the lucrative gold and silver tailings - a well thought out gold miner - can be bought today for a market cap of only £2mn. A superb investment, in my opinion.

In early September 2024 around when NTVO first started out in gold mining, the price per ounce of gold was $2494. It was obviously considered a great decision at that time. Now, just over a year later, say today, the gold price is now $4054. The average gold price has gone up by around 4% per month over the past year, with central banks predicting around $5000 in the coming months.

Once we begin gold extraction, which we are finalising, plus gold processing, plus gold and silver tailings - this very high gold price and what the company are doing will most certainly greatly increase the bottom line in a major way.

A great company just being finalised for the take off. It's a great position to be in.

Thank you Fergalcat, good information there. So, with share price at £175 million or thereabouts for same or similar assets in 2011, what price now or shortly? Average gold price in 2011 was $1400 per ounce, today the spot price is $4,000 and likely to rise. On top of that, as oops1 yesterday pointed out in detail, the infrastructure around those Peru mines has also vastly improved. Plus further, this company is now under great management, with NTVO finalising the exploration of Bonanza right now in depth, and will be drilling gold in December. Frankly, this company is a steal at £2 mn market cap, a superb opportunity for investors at this price. Have a great day.

Many thanks. Nice quality and factual post. Known high gold in those two mines, and current gold price $4,000 per oz, with most US banks predicting $5,000 next year. NTVO's gold processing unit, including 80% use for other gold miners, plus North Tailings known gold and silver actively being pursued, and with further tailings ti be added as per very recent RNS.

The Bonanza and Morocota gold mines in Peru received their current names prior to the acquisition by Nativo Resources plc (NTVO), and have historical roots in local mining traditions. The Bonanza mine was already known as “Bonanza” prior to NTVO’s ownership, reflecting a traditional naming convention in Latin American mining regions for sites associated with rich, high-grade ore veins or “bonanza” shoots. The name persisted through different ownerships, including artisanal operations and previous formal mining attempts, before NTVO acquired full ownership as of late 2025.

The Morocota gold mine likewise had its name historically established, with “Morocota” being a term of local and historical significance in Latin America, often associated with gold coins and promising mineral sites. NTVO agreed to acquire a 100% stake in Morocota in December 2024, with formal acquisition completed soon after. The name predates NTVO’s involvement, used in local mining circles before transfer to NTVO’s portfolio, and is also referenced in official company and stock exchange documents as “Morocota” from the time of acquisition.

In summary, Bonanza and Morocota mines were named by earlier owners based on regional mining history before NTVO’s acquisition in 2024-2025, and NTVO has retained these historically established names in current company filings and communications.

The Morocota gold mine in Peru owned by NTVO is called "Morocota" due to a local and historical significance of the term in Latin America. "Morocota" is a traditional word for a gold coin used in Peru and other South American countries during the 19th and early 20th centuries, symbolising wealth and representing gold itself in a tangible, cultural form. Naming a gold mine "Morocota" is therefore meant to evoke ideas of richness, gold currency, and the promise of valuable gold production, aligning with both the mine's geographic context and its function as a gold-producing asset.

The name is not random but reflects the mine’s aspiration to be associated with gold prosperity and the historical legacy of gold mining in the region. This association is similar to NTVO’s other asset, the Bonanza mine, whose name also refers to a rich mineral deposit. While NTVO's public

releases do not state a specific naming rationale, the use of "Morocota" is consistent with local mining naming conventions designed to reference gold directly and symbolically.

Why is the Bonanza Mine in Peru Owned by NTVO called Bonanza?

The Bonanza Gold Mine in Peru owned by Nativo Resources (NTVO) is called "Bonanza" because it is situated on a high-grade gold vein system where early mining operations have yielded very high-grade gold results, often described as a "bonanza" in mining terminology, meaning a rich or valuable ore deposit. The name reflects the mine's potential for rich gold mineralisation and significant early cash flow expectations from artisanal mining operations on the Tesoro Gold Concession, including the Bonanza shaft and vein system. The term "bonanza" in mining generally refers to a rich, rewarding vein or discovery, aligning with Nativo's findings of high-grade assays of up to 27 g/t gold from the Bonanza shaft as reported by the company.

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Nativo Resources owns the Bonanza Gold Mine, with plans to scale operations. The name corresponds with the geological and commercial significance of the mineralised vein system discovered there. The mine is part of Nativo's strategy on the Tesoro concession and is associated with other local mining assets like the Morrocota mine nearby . In summary, "Bonanza" is a descriptive term in mining for a particularly rich ore body, which fits

the high-grade gold findings and commercial focus of NTVO's project in Peru. It is not a random name but relates to the quality and promise of the mineralisation at the site.