Monastic patient certainly required. This retirement plan is turning into a possible legacy for the kids!?
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No probs! Remember that Luis Azevedo is a top mining lawyer in Brazil. He is one of our directors. He knows what he is doing.
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Even if something lapses, applications will be rejected and published. It’s normal.
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This idiot uses irrelevant documentation referring to VTF Mineração Ltda to stir things up among people who don’t know how the Brazilian system works.
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The last DOU ( official Brazilian government information platform that enables transparency over all public decisions) document regarding pitombeiras was published on 23/05/2023. It specifies Iron, Titanium and Vanadium. The license duration is 2 years. It expires on 22/05/2025. I will post here…
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So the reference is from Brazil's governmental mining agency. VTF Mineracao submitted a research report twice. Once in 2020 and again this year on 26/05. Both reports were rejected based on insufficient research...... smallyus referenced this report in May on lse and stated that once this report is approved, jangada have 1 year to produce a definite feasibility study.
So the question i have, is jangada/VTF mineracao deliberately submitting poor research to extend their time frame, or are they just THAT bad?
Does anyone have any knowledge about this because I honestly feel stupid at times like this when I'm invested and not having a clue of how bad it is to not meet the research requirements of a government agency..... would they get another chance 4 years from now based on the frequency of the reports?
Thats a very fair point. Even though that's just repeating already obvious facts, the reassurance that comes with saying it is better than nothing.
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Saw this on the lse chat this morning
Another failure...!Today 03:58
800.048/2021 - negative research report submitted yesterday.
It frustrates me as I have no clue what he is referring to. I tried to translate the report, but I'm not getting much from it.
What does this actually mean and why is it so bad?
I made two separate points above. Covids impact of foderes plant progress. And a separate point about iron price effecting jangadas push towards production.
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Pointless selling at this price
You must agree though, hundreds of thousands per year in salary to steward the SP from 5p at IPO to 1p.
How long for? That's the question I'd like someone to answer. If you'd told me 7 years ago you'll still be waiting in 7 years time I'd have run a mile.
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This feels so grim right now 😭 not a single talking point, even for the fun of it.
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Yeah I thought about this when I read that nonsense on lse so wasn't worried but nice to have confirmation
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Ooooh this is an interesting find. So long as the actual truth is out, the better. It's hard to grasp when it's in another language and technical. Thanks 😁
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This remains valid. 800.235 is Pitombeiras. The idiot on LSE is referring to other licences where VTF Mineração Ltda had an interest. But the company would be time/ $ wasting if they focused on these. The thing that counts is 800.235!!
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I dont know Spicy. But we do deserve to know how our company is doing/progressing.
I sound like a broken record.... but its the Fodere results I'm waiting for right now.
I'm ignoring the noise
I've done a fair amount of searching.....cant find anything yet.
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I have no clue SM.... I doubt it will mean much unless it is a research report that has information about a failed Fodere test (that it won't have because we are still waiting on publication).
If we take a step back..... without the Fodere technology hope, we would be a company sitting on an asset showing no signs of developing it..... and some good but relatively small investments.
A broker note wouldn't be expected to be too positive.
I'm hoping for Fodere news soon.
Since? You mean before the dry separation was deemed unfeasible since iron collapsed?
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Ultimately, you need to remember that fodere lost nearly 2 years of progress with COVID. Jangada was trying to work around that and were convinced they could fast track and wait for the Fodere technology later. Iron and vanadium crashed and that turned out to be a bad decision. Hindsight is always 20/20. So back to the originaly plan.
Nothing like COVID has had as bad of an economical impact for a very long time
Go on lad, shut down the critical thinkers. Go create your own cult if you don't like this one, jackass.
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This BoD taking money every month, I bet they don’t spend more than a couple of hours on Jangada business
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I'm not a believer in releasing RNS' for the sake of it, like some companies on AIM are inclined to do. But the lack of any updates on OUR project are deafening!
It's a tough market at the moment, less investors and more traders.
Fingers crossed that when news arrives it'll either be positive or groundbreaking!! 🤞
