RE: NEO getting a mention at Sibanye-Stillwater conference at the JSE29 Jan 2026 18:19
Beyondthesea
Fantastic write below by yourself but did you watch the interview. The two clowns said there’s no approval till sometime later in the year. A cac handed casual statement by them with no explanation and a dire ambiguous brief statement on when (can kicking). Still no RNS on what we can clearly see was market sensitive information. Was the statement made by accident or design is the question as normally management here tend to service traders on far too many occasions. That interview was any traders dream. The traders had a nice little trade today between 0.95 and 0.8. More of the same likely tomorrow as traders will wait for a margin to turn a little profit…see if the get the backbone to release an RNS clarifying what was meant by later in the year tomorrow. Perhaps the management want a nice little margin too before it’s allowed to move back. Can’t put lipstick on a pig as they say 😇😁😇😁
This is a great message to all the doubters, SS are massive yet they did not want to spend their capital on that project.
This is further reassurance that they are happy with the current deal, & why wouldn't they be?
What makes the Beisa deal so good is it actually serves both parties very well.
For SS, they can maintain a 30-40% interest in a Uranium project (once ramped up will be supplying around 2% of the world Uranium supply) , and also receive a royalty on the U mined. Remember SS didn't own Beisa N&S which opens up 40YR+ mine life, that's what Neo could offer which no other company could.
Neo, needed the shaft which exploits Beisa N&S but they don't need to mine either for at least 17yrs, thanks to the remaining gold & U in central Beisa.
For most of you who back minnow miners you will realise or start beginning to apricate what NEO have with the infrastructure & shaft.
Cost wise sinking that shaft & site prep would be north of $700k+ not to mention the time it would take to dig it.
This opportunity is special, look at other resource plays & find one as close to production & with the assets NEO has for the same Mcap.
I will wait.......
GLA