RE: £100mcap+ company quickly. 15-25p a share6 Feb 2026 08:13
Producing 20,000oz per annum as Paulo wants, here's some basic rough number crunching.
Assume some conservative numbers of
AISC = $1,500 per oz (adjacent mines sub $1,000 per oz)
Gold price = $4,000 per oz (now $5,100 and forecast over $7,000 this decade)
That's a margin of $2,500 in a conservative scenario.
*Regional Tax Reduction (Amazon Region): The Paranaíta Gold Project, situated in the Legal Amazon in northern Mato Grosso, Brazil, is eligible for a 75% corporate tax reduction.
$2,500 x 20,000 = $50,000,000mil
Half of that is JAN's so $25,000,000mil (assuming they don't find a path to get 100%, which may happen).
*The average P/E ratio for gold mining companies generally hovers between 20x and 30x, with recent industry data indicating a weighted average of approximately 28.15 for major industry players. Individual company valuations vary widely, often ranging from roughly 15x to over 30x for established miners, while sector-wide, the average is roughly 28.9.
Let's be ultra conservative and go with 10.
10 p/e x 25mil annual earning = $250mil market cap for JAN's share.
In this conservative scenario you get over 20p+ a share for JAN.
Then factor in a lower AISC, higher gold price, higher P/E ratio, more resource upside and much higher production rates down the lines and you can see why yhe upside is so enormous here.
You can see JAN trading over 30p a share.
CEO is keen to get open pit production started at 20,000oz per annum.
He has huge clout from Anglo American.
These results are all pointing towards a low cost, high grade, easy open pit gold mine, in a gold mining region.
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