What's happening with their South African processing plant? I did a Google search the other day but everything was at least 6 months old
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Honestly though. I don't care about investor's sentiment. As much as I feel DCAT is a very uptight person, he is very informative and made clear the huge potential. Just a shame really. A big shame we are all here... just to suffer 😔😢😭
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I'm gonna have din dins soon, can't lead any paths right now
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If you looked at this company 18 months ago and compared to where it is now you would suspect some wrong doing
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Please could you list out a pathway to value creation here?
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You're the only person that referred to fodere as a luxury.
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Fodere was an added luxury now they are dependant on it
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Or building one at least.... or planning to build one... I dunno
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The BOD’s fault, company is aimless. Bobbing about in no man’s land with no plan
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At this point in time I can't see how but I'll keep an open mind
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Well Jangada only have 25 tonnes to test. A 7 tonne per day plant for testing will be enough. But even ilso, if the plant won't be up and running until mid year time. There's not going to be much news to come until September, possibly later.
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If you look at this extract from our December rns
"Engineering design of a pre-commercial 7 tonne per day ('tpd') plant in South Africa to confirm scalability of the technology has commenced, with commissioning targeted for mid-2024.
· Plans for full commercial plant in place and support from an African focused development bank, which is intending to finance the initial commercial plant with an investment exceeding US$70 million."
So that a 'preferred commercial plant' 'targeted' for mid 2024 well any time I've ever heard 'targeted' it's taken longer and that's just for the pre commercial plant processing 7 tonnes per day Is that enough for Jangada to begin their mining operation? I doubt it. So this is how I see it, mid 2024 best case scenario for this trial plant, then they have to test it, then if everything works well they can look to build the full size plant in what 2025? This is why I don't see Jangada mining for another 2-3 years. Unless they're happy to go ahead once the 7 tonne plant is built which they haven't stated would be the case, we're just left to guess.
I'd like a progress report on how Fodere are doing, what are the timescales with them? Until we know that we don't have a clue how long Jangada will be waiting before we can even get started
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But just for perspective. I know the next 3 months will be more silence. May aswell turn this chat into a meme group, just to pass the time
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But no, I don't feel there's any wrongdoing. if COVID didn't hit and we didn't have lockdown, fodere would have made better progress, jangada wouldn't attempt an alternative path for Iron/Vanadium dry separation, ignoring titanium.
I'd imagine the BOD didn't have a clue that they needed permits ( however awkward they are), to send 25 tons of ore to South Africa. Silly and frustrating and seemingly time consuming.
What are the steps JAN need to take to production?
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Yes since then the SP went from 11p to 1.4p. Feel for the guys who bought in on the back of Brian’s proactive interview
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Well that was already established as a fact about 1 year ago. So yeah, deffo not.
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If they do it’s deffo not the near term production plan they announced 18 months ago
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Ye, they have a plant in Brazil or something like that.
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Hell of a statement... I'm sure they have a plan of some kind
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