NDAs are actually a good thing, they’re signed when discussions ongoing which could have material affect for the company.
No NDAs = no significant news likely.
In other companies number of NDAs are often referred to and tends to cause excitement that much interest.
At Jangada Brian doesn’t want excitement, perhaps he’s worried about our hearts? 🙈
New project I’ve already said I’d like to see. Looks like that’s next and will hopefully provide not just value, but the regular newsflow we need.
Читать полностью…
Above is not based on altering the current process, but just fodere plant at the very end.
We don’t know at what stage they’d look to add fodere tech. They talk about improving recovery which suggests a change to process, rather than just adding plant on at the end.
As such economics should improve further than if just adding fodere as the last stage.
I’d expect the testing of 25tonnes to test different scenarios, work out what the ideal is balancing different plant sizes and separation methods.
Remember the original plant capex using dry separation only was just $4.3m processing 1.1mt per annum.
Adding a wet separation plant and separate tio2 plant upped that plant capex to $12.25 processing just 450kt per annum.
If they can cut out wet plant and tio2 plant it’s decent capex savings, which could go towards the fodere plant cost.
Hopefully Brian’s comments today about keeping capex down is a clue towards above 🤞🤞.
The above from the December 2021 RNS is worth a read.
They’re basically doing the work now that we thought they’d been doing then.
SP went to 10p Q1 2022 in anticipation of results of that work, we’re now about 3p.
Buying now & getting back to that 10p = 230% gains, that’s before factoring where we’d been/hopefully will be on the improved economics.
It was sitting around 10p ish currently as was I would be more content
Читать полностью…
I seem to pick stocks that require patience and time. Still I’m happy with the slow and steady progress. And With the investments made in fodere and bres.
Anyone looking for high speed definitive timeline - look elsewhere.
End of the year by sounds of it for test...thus the negative reaction.
Читать полностью…
If you say 125. Say why. Guy is all over the place
Читать полностью…
All just guessing but I'd guess from him mentioning a couple of months it may be about 4 or 5 months till results. Plus a new investment. Plus the PEA ready to plug in the figures. All by year end
Читать полностью…
Really, how did you come to that conclusion? That's not how I read it. Several months to process 25 tonne sample and iron ore prices in the range we need. Already stated no other impediments to proceed.
Читать полностью…
Company trying to route this to create most value is what I take
Читать полностью…
Selling into rise is good, last few sells of chasing bid down and hitting bid aren’t.
Usually lemming like behavior 🙈. Vwap is now 4.93p. Let’s see how much lower some want to sell
He obviously gets enough excitement from his thumb.😂
Читать полностью…
No more NDAs I'm hoping. I hope the Zambia 25 ton test brings in massive excitement
Читать полностью…
News wise. I’d hope we get detailed fodere test results when they’re ready. Similar fashion to getting Metallurgy results.
From there they’ve already done all the work on mine pit design, logistics, non plant capex, water and power access, permitting for work on site etc etc. Thats all transferrable. Just the plant flow sheet to really update.
It’s being done to PEA. Quicker than FS work etc.
It could even go back to using inferred resource which PEAs allow, although that’d be very much inflating the figures and I’d probably try and adjust back numbers if they did so.
The above very simply captures the revenue by commodity within the current technical report on the 2nd column.
3rd column simply notes vanadium if we’d get 100% credit, rather than the 25% in an iron concentrate. I.e. what we’d get if the current flow sheet provided a standalone V205 product.
4th column also as if the 66k tio2 at 42% was processed into 20k at 98%+ product selling at $2.500 per tonne.
I’m happy waiting as they are extracting value at maximum level, not happy where sp is and shows no indication to what we have shown we currently have
Читать полностью…
I had a £20K new isa allowance to invest yesterday and it was a toss up between JAN & UOG as to where it got invested. In the end I chose UOG precisely because of the time I thought it would take to get the 25 tons shipped and tested, I feel given today's interview I made the right call. However I've still never sold a share of JAN since my original investment and won't do, the value here is exceptional but it will need a bit more patience. With a bit of luck I'll get the opportunity towards the end of this year or early next year to reap the benefits of my UOG investment and then I can add a significant amount to my JAN investment just as things are getting really interesting and hopefully before the new preliminary economic assessment is published. In the meantime there is obviously the possibility of them adding an investment into another asset which could certainly be a shareprice driver as will positive test results of the bulk sample.
Читать полностью…
He’s not the best at ramping the stock is he?
Anyway seems like everything is moving in the direction we want, obviously not the share price. Just a matter of patience now.
Fact he keeps banging on about high iron price f^#*# the stock.
Iron ore is not an EV commodity. People do not get bullish on
potential upward price movements
Guy is nuts.
Several months before it will be processed gets us to end of the year, results from that in 2024 then?
Читать полностью…
Apart from a new potential new project in Brazil, it doesn't look like anything will happen until 2024
Читать полностью…
My misses has one of them in the bedroom? What are they?
Читать полностью…
