Member Info for Stix01

A few people have said it’s a question of waiting

That is not in question we have no option

But I agree with McFirth

As Delaying accounts is one thing but to not submit the confirmation statement is another that was due on 4th November and hasn’t been submitted so already 2days late

This a snapshot of the consequences

“Consequences can include fines of up to £5,000, criminal prosecution for directors, and striking off the company. You can be fined for failure to file, and the registrar could strike your company off the register”

So this confirmation statement should now be a priority and not overlooked as something small

It will sound heartless but I’m not upset if Marula sell or do a reverse takeover.

It should mean JB should have less responsibility, do less work and hopefully have more time for Neo as he spinning one plate less.

So I see it as good news for Neo

Why did Neo not release Rns explaining the situation and give us an update on progress today!!!

We have not resumed trading and neither have they informed us Rns’s on this matter would cease!!!

as per their RNS from 3rd sept:

“Providing bi-weekly updates on audit and regulatory progress until resumption of trading”

They use words like transparency pmsl do they know what that word means?

Yes they did stock box interview but I look at that as unregulated hearsay similar to what Jb spouts in media.

What I would like is them to follow through on promises of their RNS’S and be transparent and follow through their actions.

First it was 6weeks away then we was two weeks away now we are two weeks overdue.

If the accountants can’t come in on time why make out we dotting i’s and crossing the t’s and it was imminent.

Knowing nowhere near close and we where miles away

I couldn’t get on the link but from what I’ve Read so far from people that could hasn’t been good

I can see why now they chose to do online rather than in person

It’s plain and simple JB and some the board must go. He hasn’t got the capacity to run several companies to the standard that is required and he’s dropped the ball big time

- He should be held accountable

It may not all be his fault with the ongoings in the background but he is at major fault for leading shareholders down the garden path.

With his constant misleading stockbox interviews and media posts.

Why constantly tell us we are near our accounts being delivered with a bi weekly countdown to then tell us they don’t know when they’re in - that is inexcusable and not transparent.

I watched interview from 1 year ago how they have fallen so short he talks of targeting a 12-18moth production timetable in biesa back then

And from what I read today from some posts it’s now 2-3years away at the very least that is a huge difference in timeframe.

I hope I am wrong but I see the share price tanking with this news especially with the conduct of the board in recent months

Is poor form for such important information to only be accessible to the select few.

They know many have been waiting for this news but have locked 99% of people out.

Considering it’s supposed to be an investor presentation you would of thought they would of used it to further their reach.

@ stubby56

You may well be right with your thinking

But I feel If they are re-submitting forms days after accounts where due,

and if these forms are actually from previous Stranger Holdings accounts then they have clearly given false statements because they are miles away from where they claim and tell us to be.

Hopefully the presentation still goes ahead and all our minds are put to ease with good positive news

This was submitted today by Neo at companies house

20 Oct 2025 Replacement filing of SH01 - 09/11/23 Statement of Capital gbp 237793.1468

Can view the 4 page pdf on below link

https://find-and-update.company-information.service.gov.uk/company/09837001/filing-history

Some questions I want to know are:

Why are they so dishonest fail to meet deadlines?

even though they know in advance that they will miss their deadlines why do they not inform shareholders prior, but instead Waite until days later.

Why do the board inform us they understand our concerns and then say they will be transparent and update us bi weekly

If accounts where in such disarray why did they let them get so out of hand and what did they employ the last accounts team do

Some very basic questions that they need answering which will help understand their actions.

I would also like to see some accountability for all this mess we been in.

Let’s be honest if any one of us behaved and acted like this we’d be out of jobs.

We should find out before the close of tomorrow where the accounts are at. The 6week timeframe is up.

I wonder how many will be glued to the thread in anticipation of the news.

I do expect at least some days between the accounts being published and the relisting commencing.

I’m in Neo but watching closely with all the global activity and talk on uranium I’m hoping it will boom super big in the next year or so

neo energy metals - uranium & gold in South Africa

It Has a few issues and Though it’s currently suspended is due to come out anytime, it got some acquisitions going through including deal a with Sibanye-Stillwater

located in the Free State Province of South Africa. The combined projects' total SAMREC Code compliant resource base will comprise 117 million pounds of U₃O₈ and over 5 million ounces of gold.

it’s claimed the bi product of gold resources of over 5.4 Mozs dwarf most other London listed mid-tier gold companies alone.

Though they dropped the rns it’s a bit late considering it’s at the close of trading and today was supposed to be the day of trading.

As I said a few moments ago this is the reactive stage.

JB on Sunday said on X we will be relisted soon maybe he should of used his time to write the rns to delay the presentation instead to inform shareholders sooner

With the presentation being pushed back I have the feeling the accounts will also get delayed. I hope I’m wrong, I really do

I dont understand how the regulator has not got involved for the constant misleading of shareholders in official RNS’s

Once can be excused

Twice can be classed as a mistake but the regular occurrence of false promises is beyond incompetence.

If you read the snippets from the lastest rns’s

The Rns dated 3rd sept states

“The Company remains fully committed to the highest standards of corporate governance, transparency and regular communication with shareholders.”

Rns dated 19th sept said the Investor Presentation would be on Tuesday, 14 October 2025!

“ Mr Jason Brewer, Neo's Chairman, will be in London during October and anticipates hosting an Investor Presentation on Tuesday, 14 October 2025. Further details on the time and location will be advised in due course”

And further down in same Rns

“Communication Commitments

The Company recognises shareholder concerns over the frequency and depth of communication during the suspension period. Going forward, the Company commits to:

• Providing bi-weekly updates on audit and regulatory progress until resumption of trading.

• Issuing a shareholder Q&A addressing the most common questions received.

• Maintaining timely disclosure of all material developments through regulatory announcements.”

There was supposed to be Q&A’s that didn’t happen

the investor presentation did not happen

transparency has not happened

Why not be proactive and send an rns stating that the presentation is being put back prior to the supposed event rather than be reactive in scrambling for pathetic excuses as to why nothing was said prior.

it’s simply not acceptable.

Maybe the event did not happen because all his other companies shareholders would have probably grate crashed it wanting the same answers we do, their a good few also in suspension.

Rns said accounts was 6 weeks that should be end of this week so could be anytime or do they kick can down the road and push the date back again like they’ve previously done - who knows?

Not that I pay much attention to JB on X but a few have mentioned he posted yesterday:

“Neo Energy Metals set to re-list.

As well as being London's only real uranium mine development company it has by-product gold resources of over 5.4 Mozs that dwarf most other London listed mid-tier gold companies”

I don’t take much notice of his media accounts as they been used to shout so much positive news to gain interest and then nothing comes of it.

how soon is soon? hours / days / weeks it’s all down to interpretation.

JB always seems to push boundaries with his media posts and information sharing with his telegram group regarding company news its unprofessional and boarder line insider trading.

Whatever the outcome if relisted today, this week or end of month. Confidence has taken a huge hit and they need to turn it around. A good start going forward would be setting achievable deadlines that can be achieved on time.

Rns dated 19th sept said the Investor Presentation would be on Tuesday, 14 October 2025 that is only few days away with no update on time or place

“ Mr Jason Brewer, Neo's Chairman, will be in London during October and anticipates hosting an Investor Presentation on Tuesday, 14 October 2025. Further details on the time and location will be advised in due course”

And according to their rns dated 3rd sept the accounts should be in before this time next week. By my calculations the 6weeks they announced would be up on 17th October.

“The Company anticipates publication of the Accounts within the next four to six weeks”

So hopefully next week brings the positive news we’ve all been waiting for

This was from the Rns dated 30th June

They are clearly moving the goalposts

“ Neo Energy intends to leverage the fast-track listing route available to companies already listed on the London Stock Exchange. The Company has engaged experienced advisors in South Africa to expedite the listing process, with completion targeted for Q3 2025.”

Yes it says targeted Q3 2025 but how can they miss so many of the deadlines they set themselves. One or two you can forgive but this is now incompetence.

This below is a timeline of events from the JSE website for fast track duel listing:

As you can see finalisation of accounts report - done during process weeks 1-3 so how can they be at an advance stage when they don’t have accounts in order

Week 0

- appoint advisor / meet to consider/ legal, financial and tax / implications / method of listing / prepare timeline for listing / preparation of accounts report / commence drafting of documents

Week 1-3

- Drafting meeting to finalise draft document ( prospectus and pre listing statement) and to finalise accounts report.

Week 4

- draft documents submitted to JSE for informal comment and registrar

Week 5-8

- JSE formal approval and registrar approval

Week 9-10

- Listing commences if an introduction, or placing or public offer commences

Week 11

- placing closes

Week 12

- listing commences if a placing or public offer closes

Week 13

- Listing commences if a public offer.

They cannot sign of with South Africa until accounts are in place and that is with a few weeks of starting the initial process

So the board going on about a dual listing being at advanced stages they are not!!

I’ve previously shown the timeframe for a fast track list on the JSA

And I’m concerned that the accounts where done and awaiting sign off now they are not.

So my question is why did they disclose previously that accounts where about to be signed off even JB stated it in his X account.

Soon this guy getting done for insider trading id hedge a hefty sum on that .

I Am happy they put out an RNS although it wasnt the content we all wanted.

I ask the question why did they post the RNS now when they knew a few weeks ago they wouldn’t hit thier initial target of end August at least in the last week of August they could of informed us especially when JB knew because he posted on his X their be an update soon. yet now it’s now expected to be in 4-6 weeks, with further bi weekly updates this suggests to me it will be longer.

Hopefully they keep the promise of the communication channels staying open.

Even though it feels like they kicking the can further down the road I am more optimistic than I was

@ Beyondthesea

The company is moving slower than a dead snail

Why bother to list on the JSE exchange when they can’t get this one right, what confidence will the markets have when they miss rns deadlines, the lack of communication and simply can’t do the basics right.

With regards to the JSE listing an Rns was announced 30th June, approx 9 weeks ago.

But usually a fast track duel listing on the JSE exchange only takes 9-13 weeks but we miles away from it we haven’t got our accounts in order.

This below is a timeline of events from the JSE website for fast track duel listing:

Week 0

- appoint advisor / meet to consider/ legal, financial and tax / implications / method of listing / prepare timeline for listing / preparation of accounts report / commence drafting of documents

Week 1-3

- Drafting meeting to finalise draft document ( prospectus and pre listing statement) and to finalise accounts report.

Week 4

- draft documents submitted to JSE for informal comment and registrar

Week 5-8

- JSE formal approval and registrar approval

Week 9-10

- Listing commences if an introduction, or placing or public offer commences

Week 11

- placing closes

Week 12

- listing commences if a placing or public offer closes

Week 13

- Listing commences if a public offer.

How this differs from genuinely failed plans

It is important to distinguish between a genuinely failed plan and a misleading statement. Companies must announce significant developments in good faith. If circumstances change and a plan fails, a company is required to issue a new RNS to update the market. The penalties described above generally apply when the company knowingly or recklessly releases false information, rather than a plan simply failing to materialise.