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Jangada Mines

Friday and today, yes.

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Jangada Mines

Maybe..... maybe. Unless sells return in a few days

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Jangada Mines

There are still people waiting to sell. At the lowest possible price as well.... 160,000 sell is crazy.

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Jangada Mines

Another nice RNS from Blencowe today, surprise that it’s not moving the share price here

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Jangada Mines

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

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Jangada Mines

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?

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Jangada Mines

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

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Jangada Mines

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.

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Jangada Mines

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

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Jangada Mines

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

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Jangada Mines

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

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Jangada Mines

Brilliant time to buy if the excitement ever returns

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Jangada Mines

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

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Jangada Mines

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

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Jangada Mines

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

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Jangada Mines

More people buying these days?

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Jangada Mines

Something brewing here?

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Jangada Mines

I do wonder how long this investment will take to pickup. Strange how there's not much interest in this company when there's clearer road to production compared to a majority of other companies on AIM

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Jangada Mines

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

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Jangada Mines

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!

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Jangada Mines

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).

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Jangada Mines

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).

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Jangada Mines

Because they know it’s a lifestyle co

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Jangada Mines

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

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Jangada Mines

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

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Jangada Mines

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

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Jangada Mines

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...

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Jangada Mines

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

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Jangada Mines

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

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Jangada Mines

My guess is you are British Duncan?

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