NTVO

Nativo Resources PLC

Energy First-pass screen £2.76m

190/1000 Overall fit

AI beneficiary 35% 15

Operating leverage 25% 20

Valuation 25% 30

Downside protection 15% 10

First-pass take

Early-stage gold mining in Peru with only $44k 2024 revenue and $2.2m loss. Material going-concern uncertainty, net liabilities of $9m, and extreme leverage ($8.7m debt vs. $46k cash). Zero AI exposure; commodity business with no inherent operating leverage. Auditor flags significant going-concern doubt; must raise funds by end-July 2025.

Flags

going-concernloss-makingnet-liabilitieshigh-debtmicro-cap