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Jangada Mines

We can get to the stage where pessimism distorts events. It's frustrating, but in April 2023 we were told that 25t sample was going to be sent for testing by Fodere, and I'm sure a follow-up interview mentioned Q4 for testing. Therefore, we have to await those test results and the implications from that.

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Jangada Mines

I've had email interaction with Brian - he hasn't responded to every email but has always been courteous in his correspondence. I'm not sure why a "hi or "thank you" is necessary.

Two reasons I imagine his interaction is limited.

Firstly, abuse... I understand he gets plenty of it, and no-one should have to listen to some of the stuff that CEOs of listed companies get. I know a CEO of a resource company that has had dog's abuse recently over a matter outside of their control. I don't know why PIs interact this way and what they expect to get in exchange. As in all walks of life, building relationships are important, especially with someone you haven't/likely won't meet in person.

Secondly, too many PIs seem to be requesting market-sensitive information or at least suggesting that's what they want. Brian, unlike some on AIM that seem to join (!) Telegram groups, etc. won't give in to any of that. Plus, when someone has had information from the BOD in the past, it has been sloppily passed out everywhere. When this happens, expect doors to shut in your face in the future.

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Jangada Mines

If anything gives seller a bit more liquify to shift what they want to shift

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Jangada Mines

Think it's just a case of In Fodere We Trust

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Jangada Mines

Are we at the stage where an RNS should be due for a 61k share buy?

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Jangada Mines

https://www.bloomberg.com/news/articles/2023-06-12/rio-tinto-china-baowu-to-jointly-explore-green-steel-projects?srnd=premium

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Jangada Mines

This is a low volume and sticky stock. A number of holders with sizeable positions plus Brian and Luis. Not one to trade! But it will react very strongly when we get meaningful news.

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Jangada Mines

"On the London Stock Exchange, normal market size (NMS) for each security is calculated quarterly and is based on 2.5 per cent of the security's average daily turnover in the preceding year. Market makers are often prepared to quote firm prices for volumes larger than the NMS but must quote prices for volumes of at least NMS."

From Stockopedia

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Jangada Mines

https://www.shiftingshares.com/normal-market-size/

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Jangada Mines

No, but that's the size market makers are contractually obliged to fill if you phone them to take up their offer on their order book.

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Jangada Mines

Market size (EMS) is 30k. So a fill-or-kill at 30k shares should go through. Trying for multiples of that in one order is always going to be more hit and miss

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Jangada Mines

I tried to add another 100k today but order went unfilled

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Jangada Mines

Wonder how much we hold in here

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Jangada Mines

Mad how 1.5k of sells can wipe so much off company value. That's what we signed up for though. Just hope people hold strong when things go up because then people can't buy an price goes up just as quick

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Jangada Mines

That's my point - they dropped the bid to 3.2 and the ask to 3.4, midprice 3.3. The 3.77p UT was an outlier that made no sense (and could trick some websites into thinking that was the current shareprice). But the 0.2p price drop is based on two very small trades.

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Jangada Mines

I don't want personal replys but I do want the company to keep us informed as to whats going on and about future plans of which they rarely if ever go I to any detail, we've been kept guessing for years

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Jangada Mines

Don’t waste your time with Brian please. I did before and NEVER received a single Hi or Thank You

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Jangada Mines

Has anyone in the past month emailed info@jangada asking for any information? Maybe a good time to submit some questions and hope for a Q&A RNS?

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Jangada Mines

Why have I missed something

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Jangada Mines

Some new green steel developments

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Jangada Mines

it had better after all these years! 😂

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Jangada Mines

So @sagressurfer there's your answer ☝

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Jangada Mines

Thanks. I get what they are, just not how the size is picked for any given stock. This was off the back of Julian saying that it was crazy you could only guarantee to get a price for 30k shares, as that's not even a grand

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Jangada Mines

No idea how this EMS sizes get set

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Jangada Mines

30k isn’t even a grand! A joke.

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Jangada Mines

Same here. Tried 150k. No joy.

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Jangada Mines

Not a good day. But hey it doesn't matter in the long run. When see all the pumped shares out there its probably better we sit under the radar for now

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Jangada Mines

Well over 60% on sticky hands

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Jangada Mines

Jan: the share you can sell but can't buy because the mm's said NO

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Jangada Mines

Weird trade pattern so far this morning. Market makers dropped the price on two small sells, then the 9am auction popped out to uncross at 3.77p 🤷‍♂️

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