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Telegram-канал jangadamines - Jangada Mines

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Jangada Mines

First positive move for a long time. Could be the Blencowe investment or could be that Brian is slowly coming out of hibernation

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Jangada Mines

They are waiting on the outcome of Fodere's pilot plant in order to (hopefully) include the illmenite portion of the orebody in the DFS.
According to Fodere they plan to have that plant up and running in Q2..... then I suppose it depends where our sample is in the processing schedule.
I'm hoping we get some idea on timescales by the summer..... but not expecting anything until later in the year..... but that's just my feeling.

But the potential is huge though..... and underpinned by a DFS that has a healthy 100million NPV based purely on the iron and vanadium.

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Jangada Mines

Needs 25 tons in zambia

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Jangada Mines

And there was also loads of liquidity above 1.2

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Jangada Mines

Can't see it holding 1p

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Jangada Mines

The lack of progress!

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Jangada Mines

It's nice when a company doesn't update you when they issue shares every 3 months. In this case, no news is good news.

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Jangada Mines

No regrets but I have to admit I haven't added in a while..... Will keep my powder dry until news from Fodere starts to spark something

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Jangada Mines

Last filed accounts show an insolvent company and I expect it was dissolved to save costs as it seemingly served no useful purpose any more.

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Jangada Mines

Jangada services dissolved in January?

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Jangada Mines

Nope. It's just a shame that Brian isn't saying anything and hasnt for a very long time. The silence is painful

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Jangada Mines

He got out at about 9p I think

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Jangada Mines

Prems diluting itself to oblivion.

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Jangada Mines

@GrahamTurner: are you selling down #ARCM and buying #JAN?

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Jangada Mines

Maybe NVS will add in Jangada also...

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Jangada Mines

Jangada’s holding in Blencowe is doing OK over the past few sessions. Sponge has been promoting them. Would be nice to have some more positive stuff for JAN,

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Jangada Mines

Is anyone in comms with the company?

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Jangada Mines

One trade today also at 1.2p but no lower, MACD now looking likely to turn positive

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Jangada Mines

You do know the test of 1.2 was an £8.69 sell of 724 shares.

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Jangada Mines

Retested that 1.2p support today, should move up from here

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Jangada Mines

The expected commissioning of Fodere's pilot plant was in H1.... but they have been slow..... so might be later than this. But once we start to get news of this.... and do I dare say..... a date for the complete DFS to be completed by I will start to get excited again.

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Jangada Mines

I would ask when people expect news, just to spark conversation. Nobody knows and it feels boring. Optimism is good but you need fuel for the fire sometimes

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Jangada Mines

Anyone buying at this low price or we all have regrets? 😂

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Jangada Mines

I know it's different to jangada mines, but I'm curious what the services was

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Jangada Mines

Might be a good idea to sell jangada and buy blencowe 😜

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Jangada Mines

Not much happening here

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Jangada Mines

I thought so too - trying to find the RNs as I remember reading it

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Jangada Mines

What you add to Jan? The £4.62? 😂

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Jangada Mines

He (NvS) sold his Jangada shares. Probably knew about the Fodere delays given his role there.

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Jangada Mines

No I'm stubborn, still holding 1m

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