Jangada Mines Share Discussion Threads

[waterloo01] 24/2/2021 13:36

Hope they hold off selling more as Valore looks excellent.

[onedayrodders] 19/2/2021 15:57

Topped up with 52k showing as a sell

[red army] 19/2/2021 11:30

Hopefully we shall see this project accelerate from here on.

[bscuit] 19/2/2021 10:02

Stepped aboard via the placing.Possibly momentum trap, but that seems to be a frequent Stocko comment about a share with an upward spike!

[divmad] 19/2/2021 09:12

I did, and in still up 100% . And I'm adding here.

[onedayrodders] 19/2/2021 08:57

well well well .... should have backed my judgement

[divmad] 19/2/2021 08:46

Warrants for Brandon Hill only.

[source] 19/2/2021 08:40

Announcement seems a bit vague on what the placing money is for given they said they were fully funded before today's raise...Also disappointing to see them give warrants also given the strength of the news & share price strength. Seems sloppy. Regards

[onedayrodders] 18/2/2021 14:23

Looks normal to QS99 ... on AIM wherever you see a big spike there is always a period of consolidation and a drop back.

IMHO

[qs99] 18/2/2021 12:20

Odd drop today no?

[onedayrodders] 17/2/2021 08:35

yes .. had crossed my mind

;o)

[riggerbeautz] 17/2/2021 08:16

Hmm probably my trading batch I lent you yesterday ;0)

[onedayrodders] 17/2/2021 08:13

NP Rigger ... bought some on the bell.

[riggerbeautz] 17/2/2021 08:11

ODR Sorry chap replied elsewhere, usually this thread is very quiet, expect it will be again after awhile as traders take profits, then the next burst comes.

All good.

[divmad] 17/2/2021 04:58

... Or they may strike an offtake agreement, or fund initial pre-production capex with debt, given the extremely robust economics. Lots of options, I think.

[onedayrodders] 16/2/2021 21:29

... Actually, just noticed they sold shares in ValOre in August to fund the Vanadium project so may do the same again here.

[onedayrodders] 16/2/2021 21:12

Divmad .. no need for the sarcasm, I recognise the value and not even sure it's that hidden. And I never mentioned being doomed here, just that a cash call is possible and I provided good reasoning in my post.

I guess you are already well in the blue so can take a different stance and view.

However having been hit twice in 3 months with 20%+ discounted placings from AIM resource stocks at a similar stage and with funding. So I'd be stupid not to learn from the same and at least consider.

On balance, I'm going to hold fire.

If I'm wrong and it runs away then hey ho and all the best.



ODR

[divmad] 16/2/2021 16:38

Yep, we're all doomed here to be PIs taken for a ride by yet another chancing AIM bod wanting placing cash. You'd better stay well clear ODRs. Or you may take the longer view in this illiquid share and recognise the incredible hidden value and stick with it for a genuine multi bagger.

[waterloo01] 16/2/2021 15:41

Probably more value on keeping them IMO but they can do offtakes etc, but wouldn't rule out some equity

[onedayrodders] 16/2/2021 15:34

From LSE ..

16.5m Valore shares (as per yesterday’s RNS) at current c$0.385 = £3,747,975.

Would they consider selling to fund ongoing activities is the question thou

[waterloo01] 16/2/2021 14:44

What's the value of their stake in Valore?

[onedayrodders] 16/2/2021 14:41

Rigger

What is the cash sitution here ?

January statement suggests enough for the PEA so they might be looking to raise now to take advantage of higher price

"Finally, I would like to highlight that Jangada is fully funded to execute the current drilling programme, along with associated project development activities, through to the completion of the PEA."

Might be some hesitation from newbies on that basis

[riggerbeautz] 16/2/2021 11:33

You mean someone wanting to dance Red Army? I’d say too early but you never know.

[qs99] 16/2/2021 11:32

Glad I bought a few under 9p.....

the battery angle here for Vanadium is really interesting no? With the NPV on these few holes alone worth multiples of the SP, then further drilling could add multiples again?

DYOR, but next stop is to find out how "available" this resource is in the world vs demand.....

In for the long haul here....

Cheers
QS99