Member Info for Tallchad64

This is transformational. In effect an RTO of a nano cap with a monster resource with a separate London

Listing where the major large cap shareholder is inserting top notch management t and replacing the legacy.

I bought in here many years ago on the basis of the lithium and there was also gold. What happened to the gold? Does Kod still have any properties and any plans to explore and develop them given the price of gold?

Do you have a link for that?

Orano , having been kicked out of Niger, are looking for projects. Kazakhstan and Uzbekistan aren’t exactly ideal replacement partners. Jason really needs to reach out to them. The French also like a bit of gold. Deep pockets and a big demand. Come on Jason!

Depends on the news flow before

With Sibanye becoming very significant shareholders with the right to put 2 directors on the NEO board, the stakes are raised. I suspect we are now in a phase where NEO investor communications are being managed much more carefully and this is the reason for the radio silence/more measured comms.

Don't forget, there is the paperwork for eagle, plus the final acquisition (promised and imminent, but yet to be announced) , plus the funding. 3 announcements for which it isn't definite which and when will arrive first. Spinning 3 plates in the air is bound to have an impact on getting stuff done. Would be nice if there was an RNS that updated on all 3!!

FWIW my hunch is a Friday RNS announcing both that the 2nd deal is done and the 3rd deal has agreed terms. The recent twitter post from JB points to that with a degree of confidence. If not an RNS Monday either as above, or explaining why there is a delay. Management t and advisors to a man and woman have taken their 6 month remuneration in shares at 1.25p so if there is a delay I am confident it is not a concern and it is for good (positive) reasons which will be made apparent.

Just speculation of course.

Firstly legal paperwork is never a slam dunk. Never underestimate the minutae the lawyers will work through and the potential to underestimate the timescale. Secondly there is a third acquisition in the offing. There may be leverage to holding off the 2nd deal until heads of terms are agreed on the 3rd. The seller of the 3rd project may have a stronger bargainnng position if Neo has signed off on the 2nd.

The Beisa north and south acquisition is dilutive to the tune of around 600m shares. It’s the costs of developing the mine operations that we are told is non-dilutive where AUO are to provide debt finance. I’m okay with that, particularly as the acquisition shares have a 12m lock in and there aren’t a stack of warrants being thrown in which would cap the upside

There are 2 deals being worked on, Beisa north and south and one other (presumably central). You

Have to wonder whether the management team are conscious that once north and south has been done, central becomes more valuable to them and this is influencing the negotiations and timing

1.25p is the price which the shares will be issued to Sunshine to fund the Beisa acquisition which is likely why the shares are sticking around this price. Of course they will be subject to 12 months lock up.

Jason Brewer retweeted on the quakes Twitter page.

What’s your source PD101?

Doubt it. Volumes are too low. I think there are one or two retail investors picking shares up on the quiet. This is very much under the radar, fantastic prospects. With Quentin still putting money into this taking up his share to close to 50% (the website says 51%) and other insiders with around 30% there isn’t much free float. Once word gets out and with the at least doubling of the resource which management are confidently predicting this is going to fly in my opinion. Also uranium is going to $100+ in Q1. Things are looking really good here

Good point. I guess that after buying the shares back they will be cancelled, but $3m isn't such a great amount. It is more symbolic. What may also help to close the discount is a clear communication setting out the arrangements which mean that YCA is insulated from delivery and other risks from its tie up with KAP. It may even make sense to make a statement that any further purchases from KAP will not be considered until the current situation is more stable. I personally am not convinced YCA needs to keep on buying, SPUT is doing enough of that....I don't see any issue with just sitting on the current stockpile for the foreseeable future.

Its a mystery why the price dropped back, but a gift. Loaded up some more. This is the best risk reward investment in Uranium out there

Thanks all. Especially Centro. Restored my faith. I've been very focused on my Uranium position, to be honest, and not keeping up to date with developments here. Is this a 1p stock when the license does land?

How long do we have to wait!! I keep checking in to see if any news, but there never is. I'm a patient investor but this is taking it to an extreme