Jangada Mines Share Discussion Threads

[red army] 17/7/2019 07:43

Where does this leave us now???

[the manini] 17/7/2019 07:15

JAN rns's out confirming the same...

[swizz] 17/7/2019 04:15

PB = Definitive Agreement Signed,

Update from ValOre......GL S

[swizz] 26/6/2019 17:29

The 2m delayed buy appears to be the reason,...GL S

[soultrading] 26/6/2019 09:58

Moving up on no trades... news? background buyer? bored mms?

[andy] 17/6/2019 15:11

paleje,

The chart suggests they were......

[swizz] 17/6/2019 13:03

The comm’s coming out of ValOre clearly set out their intentions are to increase the Pedra Branca resource, they may well have tier 1 PGM aspirations for PB, so I would not be too hasty at this stage to suggest anyone is being screwed over, plus the fact the Celtic loan was undrawn and there are no medium term financing issues, that would also signal that the company resources are being managed very carefully, it will be interesting to see how the deal with Consulmet will be affected and if ValOre will also pick up that responsibility going forward, which could potentially result in no further issue of Jangada shares, so I do believe your point that the boards interests are equally aligned to shareholders has some merit,.....GL S

[paleje] 17/6/2019 07:44

Management are majority shareholders, so they were screwing themselves?

[dingo75] 17/6/2019 07:12

Outrageous screwing of shareholders here. That PGM project was a slam dunk. Given away for £4m.
Hold them to account.

[andy] 11/6/2019 09:59

Post 401 was removed by ADVFN as that poster was spamming all over the BB.

Good to see them finally taking action against this sort of thing.

[andy] 10/6/2019 08:13

moderated for spamming.

[andy] 05/6/2019 12:06

100,000 trade looks like a buy to me.

[swizz] 04/6/2019 18:30

Someone accumulating by stealth by the looks of things,....GL S

[andy] 31/5/2019 09:26

Swizz,


Ok thanks for confirming that.

[swizz] 31/5/2019 00:12

Andy, he does have his wires crossed and appears to have misunderstood, Strand Hanson have confirmed today that it is just the shareholders vote of rule 15 that applies, the board are currently circa 10% short of the votes needed, so it will be intriguing to see what develops in the weeks ahead, as the due diligence process progresses,....GL S.

[andy] 30/5/2019 11:03

swizz,


Well either Ben Turney doesn't realise JAN still has the vanadium project, so is not a 'shell', or he has been informed they are going to dispose of that too to become a shell.


I think he's got his wires crossed personally.

[wooster4] 29/5/2019 21:14

It has vanadium assets - it's not a cash shell.

[alexios1201] 29/5/2019 21:10

Read thishttps://twitter.com/Ben_Turney/status/1133773988495278083?s=19The company is becoming AIM Rule 15 Shell with 6months timeframe for RTO after the sales is completed

[wooster4] 29/5/2019 11:37

There are some interesting posts on the LSE board regarding jim patterson and his ability to sell companies on.

[andy] 29/5/2019 11:29

VO have a market cap of CAD $8.6 million, and are looking to raise "a minimum of CAD$3 million"


That doesn't look like a cake walk to me.

[jailbird] 29/5/2019 11:25

Andy,

That is also true in some cases I agree...but that is risky strategy...but yes slice the rises is a good idea

[andy] 29/5/2019 11:24

From the Valore news release:


"Private Placement

ValOre plans an equity financing of not less than C$3,000,000 (the "Financing") to fund transaction costs of the Acquisition, exploration expenditures on the Project and for general working capital.

The terms of the Financing, and any potential advisory fees payable related to successfully completing the Financing and/or the closing of the Acquisition, will be determined in the context of the market and will be announced at a later date. Completion of the Financing is subject to acceptance by the TSX Venture Exchange."

-------


So they have yet to finance it!


That may be a challenge in the current market, they'll have to do the hard sell on the acquisition to convince people to cough up $3 million, IMHO.