Jangada Mines

29 Jan 2024 07:33

They have assets they can dispose of way way before smashing their holdings

Jangada Mines

27 Jan 2024 19:15

Exactly the dilution effect is much more pronounced the lower the shareprice, I went through that with Europa Metals the ceo continually issued shares at lower and lower shareprices insisting shareprice didn't matter, that ceo has now departed and EUZ has lost 99% of it's value and is still nowhere near mining so much as an iron filing!

Jangada Mines

27 Jan 2024 15:56

Yes Tony and this was a point I made sometime before Christmas, we've invested in other companies and still appear to be a long way off of having any production of our own. All the while money will be depleting so yes at some point they will have to do a raise (at a very low level) or sell some shares in one of our asset invested (Fodere or Blecowe).

Jangada Mines

25 Jan 2024 21:50

The one positive is that the low I previously indicated has held so far backing up my idea that the bottom is in (barring any detrimental news of course).

Jangada Mines

25 Jan 2024 21:32

Because they know it’s a lifestyle co

Jangada Mines

22 Jan 2024 21:43

I don't understand why Luis and BM don't invest more in it

Jangada Mines

22 Jan 2024 17:11

We had a trade at 1.2p this morning, the price action played out exactly as expected. Could mean today was the bottom 🤞

Jangada Mines

19 Jan 2024 16:14

Difficult to get excite with no news for long time… 🥹🥹

Jangada Mines

19 Jan 2024 16:02

I never thought I'd be able to buy this low. First time I've been here to experience this price. I am hopeful. Excitement will come back. Not today, but someday...

Jangada Mines

19 Jan 2024 15:03

That's the sexiest thing anyone has ever said to me ❤️

Jangada Mines

19 Jan 2024 14:38

I bought more shares 😭 finally, I've been waiting for this day.

Jangada Mines

15 Jan 2024 17:54

My guess is you are British Duncan?

Jangada Mines

10 Jan 2024 19:46

At this point in time I can't see how but I'll keep an open mind

Jangada Mines

10 Jan 2024 18:18

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.

Jangada Mines

10 Jan 2024 17:48

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.

Jangada Mines

28 Jan 2024 22:51

They won’t really care as long as they keep there 300k a year salary coming
I don’t know how they can get placing away with salaries at over 10% of the market cap. All I can think is the bucket shop brokers are in for more

Jangada Mines

27 Jan 2024 18:30

It will be interesting to see what happens. Brian said he doesn't want to devalue the share because it will devalue the value of their own investment, but that doesn't mean he won't. They did before and that means they can again. But they will feel the need to provide justification snd proof of progress. However, last time they did, the value was at 8p a share, if I remember correctly. How much would it be at 1.4p a share?

Jangada Mines

27 Jan 2024 15:50

Jason I would agree with your sp analysis but they need to raise money at some point no?

Jangada Mines

25 Jan 2024 21:42

I don't think they necessarily see this as a lifestyle company, they probably do hold genuine beliefs about extracting maximum value BUT those beliefs aren't necessarily aligned with ours. I'm thinking of timescales and specifically the opportunity cost of time where many of us have had significant amounts of money tied up for 5-6 years plus. There are many investments that over that period of time have performed way way better especially now we're back to square one with the price.

Jangada Mines

25 Jan 2024 21:31

What’s the point they will hand themselves some free shares if they want more

Jangada Mines

22 Jan 2024 17:26

Well it would be crazy to think it would go below 1p. Won't be staying there for very long..... 🤐

Jangada Mines

22 Jan 2024 10:37

What a catastrophic f**k they have made of this 🙄

Jangada Mines

19 Jan 2024 16:09

Brilliant time to buy if the excitement ever returns

Jangada Mines

19 Jan 2024 16:00

I’m not de-ramp the Shares, but looks like we will be closer to 1p again 🥹

Jangada Mines

19 Jan 2024 14:57

I am hungry for meatballs every time you speak...

Jangada Mines

17 Jan 2024 09:57

Another X post... OK. Seems to be a consistent change. Activity means something.

Jangada Mines

15 Jan 2024 16:37

Got to try & justify their salaries

Jangada Mines

10 Jan 2024 19:33

I think you may be pleasantly surprised prior

Jangada Mines

10 Jan 2024 17:48

*pre commercial plant

Jangada Mines

10 Jan 2024 17:38

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