Jangada Mines Share Discussion Threads

[divmad] 27/10/2021 08:34

It does seem as if the bod here need to learn a trick or two about media management. Feast then famine is not a recipe for gathering new potential investors.

[ypymytyc] 26/10/2021 13:40

Dipstick,

It's now 4 months since they were awarded the GUIA (trial mining licence) so maybe the BoD as well as the SH have fallen asleep.

Jamgamba - 'keep on trekking'!


YP

[onedayrodders] 26/10/2021 07:41

Yawwwwwwnnn. Get a life mate

[ypymytyc] 25/10/2021 03:31

Any progress with the 'slow trekking' project yet?

Seems the land holder FRANCISCO FRANKLIN DE OLIVEIRA FILHO wants to know what's going on?

Could it be a lack of communication, or even trust?




YP

[ypymytyc] 12/10/2021 15:43

TSX I think?

YP

[divmad] 12/10/2021 15:23

Has Jan gone private?

[ypymytyc] 06/10/2021 08:20

Will there be an RNS?

Environmental Licence LI+LP for mining was lodged with ANM yesterday.



Also lodged, proof of application for Env Lic LI+LP for processing.



YP

[ypymytyc] 01/10/2021 07:48

Better late than never!

Yesterday they lodged an environmental licence application for the production part of the process, though again only the LP+LI.

Copied from SEMACE website:

SPU:
09536971/2021

Tipo de processo:
Licença Prévia e de Instalação

Situação:
Em andamentoInteressado:
VTF MINERAÇÃO LTDA.

CPF/CNPJ:
33.075.465/0001-60

Processo:
Digital

Data de abertura:
30/09/2021

Data de emissão:
--

Data de validade:
--

Fator gerador:
Solicita Licença Prévia e de Instalação para a(s) atividade(s) : 05.07 - Beneficiamento de minerais metalíferos;

Município:
Tauá

-----------------

May be the 'CAR' for Fazenda Boa Esperança will be included in this one?

Makes you wonder if they've only just decided how and where they intend to process this ore?

YP

[ypymytyc] 30/9/2021 08:39

Great news about the long, long awaited DFS!

Like I said 'Slow trekking to production?'

Get use to it!

YP

[the manini] 29/9/2021 15:12

Well anytime in H1 next year is a helluva lot quicker than 95% of the AIM explorers / developers that are looking to move into production!

[ypymytyc] 28/9/2021 16:05

If anyone's interested, there's now a draft copy of the LP+LI licence available on the SEMACE website.
All looks like standard stuff in the conditions, here's a bit about the control area:

18 - The requested environmental control area will be restricted to an area of ​​26.08 hectares, excluding the APP areas identified according to the Geoenvironmental Zoning Map present in this Technical Opinion, with the following coordinates UTM SIRGAS 2000: Pitombeiras Cave ( Good Hope) - 7.60 ha - 382365/9367102, 382396/9367044, 382515/9366992, 382563/9367004, 382642/9367074, 382722/9367211, 382723/9367261, 382686/9367316, 382559/9367358, 382494/9367347 ; Cava Goela (Faz. Deus Dara) - 2.10 ha - 381734/9366244, 381771/9366180, 381858/9366218, 381885/9366276, 381868/9366372, 381852/9366461, 381815/9366464; Sterile Pile (Faz. Boa Esperança) - 5.94 ha - 382108/9367576, 382093/9367542, 382130/9367403, 382204/9367347, 382266/9367331, 382335/9367377, 382384/9367470, 382389/9367586, 382303/9367625 , 382189/9367628; Tailings Pile (Faz.

There are some 'Constraints' included, though only one appears to need action prior to installation:

22 - Submit to SEMACE, within 60 (sixty) days of receipt of this license, under penalty of cancellation or suspension, updated and active documentation referring to the CAR of the property named Fazenda Mucurana (Boa Esperança); The start of installation activities are restricted to prior presentation of the CAR;

If you are not familiar with 'CAR' just search for 'SICAR', it's a National Rural Environmental Registry.

'Slow trekking to production?'

YP

[onedayrodders] 27/9/2021 14:44

yep .. does look healthy, however remembering thinking the same in late Feb

;o)

[riggerbeautz] 27/9/2021 14:19

ODR Chart seems to be on a nice upward trajectory since Spring last year wouldn’t you say? Maybe one for Wan to draw some lines on :)

[the manini] 27/9/2021 11:48

You really are a bell end

[ypymytyc] 27/9/2021 08:43

I doubt the Jam BoD will be pleased and I'm surprised at your thanks?

YP

[mesb48] 27/9/2021 08:01

Good find, thank you.

[ypymytyc] 24/9/2021 17:18

The following was copied from the SEMACE (Ceara) website.
In short the LP+LI has been approved.

Easy enough to translate and the validity should give you a clue what they are trying to do?

SPU:
06444065/2021

Tipo de processo:
Licença Prévia e de Instalação

Situação:
Em vigênciaInteressado:
VTF MINERAÇÃO LTDA.

CPF/CNPJ:
33.075.465/0001-60

Processo:
Digital

Data de abertura:
07/07/2021

Data de emissão:
21/09/2021

Data de validade:
20/09/2026

Fator gerador:
Solicita Licença Prévia e de Instalação para a(s) atividade(s) : 08.09 - Extração de Minerais Metalíferos;

Município:
Tauá

Now, why didn't they issue an RNS?

and;

Let's see if it's submitted to ANM next week?

YP

[divmad] 16/9/2021 14:08

Volume building up nicely lately.

[ashes86] 08/9/2021 07:25

divmad - It wouldn't be unreasonable to expect a c40-50% post tax NPV valuation, once the DFS, financing and offtakes are announced. Usually the market values the company at a range between 10% and 50% of the post tax NPV however the scale is purely based on the IRR, payback period and the level of capex compared to the NPV.

For Jangada, the economics are staggering! I'm certain the DFS will have more attractive numbers than the PEA given the announcements in the recent past about resource increases, grade increases through magnetic separation etc.

The PEA demonstrates a post tax NPV of c$106m which I expect to move towards $150m on DFS. At an IRR of c400% and payback period of 3 months on meagre capex of $9.5m, for me atleast the valuation should be c40% of post tax NPV which works out to c$60m (i.e. £50m mcap).

When you consider that the capex of $9.5m will be fully funded internally and through some offtake partners or small debt. I think Brian alluded to having c$5m of cash from the sale of Valore shares so they only need another c$4.5m and have had interests from some offtake partners, you can see how lowly valued it is currently at c£18m.

The next few weeks should be hugely exciting and transformational!

[divmad] 07/9/2021 14:44

The big question is, what will be an appropriate and evidence-based discount to NPV for the Jan valuation, once all permits and offtake financing are secured.

[muxdapanza] 07/9/2021 12:58

Even with a normalised fe 62% price ($150/tonne) + V205 credit JAN looks set for significant cash generation. Cash to aid further MRE and beneficiation of the tio and further v205.

Post Tax circa $227m and NPV 8 of $164m

TM already granted. Looking forward to see how the market reacts to the dfs. Many reasons remain to discount the project but quite a large gap to close between Mkt Cap now and FCF and NPV (all based on 3 out of 8 targets on current land package)

[onedayrodders] 06/9/2021 07:10

Ok many thanks for your input and good luck as you finally move on never to return ..(yeah right):0)