Member Info for Dcat80

I doubt it’s coincidence that both Valore and Jangada who hadn’t placed for sometime both did within the last week. I’d suggest there is much more going on behind the scenes including strategic investors coming in. Remember someone also bought 5.7m shares off JP at $0.3 before he bought 11m in the placing.

Just took an extra £2k. 2.2% over placing price is a gift. Now if only the idiots selling could just give it a rest and let book recover we could start rising and they could sell slowly into that..,

Messing = in control... fat fingers!!

A lot of cross over with the registers already and I know more than a few plan to add Jangada upon Arcm deal and re-rate.

Brian and Luis are exactly whom I want messing jangada. They’ve the experience in Brazil and putting mine into production. NVS I’d love to see become more active here through with investor relations, that’s his top trump strength and an area we need strengthening in. Should always play to your strengths, although I might be even happier with JP being involved and taking lead on PR!!

DS - I know odd again, have to see the RNS to see the targets. Hopefully as they didn’t want this new presentation to be out of date so quickly I.e. more mocidade news soon. We know they started more field work back in November...

Whether we sold to help Valore get a strategic partner after large position or we’ve ear marked the cash for a further development it’s not bad, clearly more going on than us mortals now which can only be good when we’ve cash...

BF - not sure on trial mining application fee, guess possible a few hundred thousand dollars.

BF- they’ve certainly playing mocidade close to the chest.

Maybe whoever approached Valore leading to the increased placing also wanted more s as never took advantage? Add on top JP sold circa 4.9m of his off market it may well be Valore have a new strategic investor that wanted a bulk to make it worry while for them? Will have to keep eyes on Valore to see when they update shareholder list...

Odd timing just after we’ve placed, a matter of selling when appetite for shares or are we getting cash ready for something else £2m isn’t chump change.

Canaccord is The Discovery Groups broker and one of their key financiers. Not only is NVS an NED here at Jangada, but our Exec chairman Brian is an NED at both Arcm and Valore.

You do business with guys you know and trust so certainly a possibility they’ll get involved at some point, if not already..

Brian and Luis also got fund support at their Brazil copper play (Avanco resources) which they sold to Oz Minerals. Again another possibility at some stage, indeed that institute has only recently set up a new fund specifically for resource projects.

Then as we’ve already mentioned our resource report wasn’t produced to jorc standard, but the NI34-101 standard as required by Canadian listed companies such as Largo Resources. Our account date was also changed last year and is now in line with theirs.

Tronox is another company who produce tio2 products in Brazil, much larger than largo resources and again another potential option for financing.

Obviously with the basic operation as envisaged with the recent PEA including 3month pay back on $9.5m CAPEX I’d suggest thats within the realms of an offtaker advance agreement.

That’s before we even consider Luis being extremely well connected, in part from his role as VP of Brazil s mining regulator. We know he has been in discussions with the Brazil state on how they could provide financing assistance to projects.

Our BOD are connected and no mans fool, plus their large holdings give them significant incentive to get the right financing for the company.

We’re clearly going to be operating a mine i.e. one of the rare juniors that does monetize the asset, yet our MC is less than some exploration plays without a commercial project let along any real chance to monetize. The short term nature of some selling at this level is ridiculous to say the least. Thats without even considering the tio2, which is clearly where are money will be mad in later stages (although hopefully expedited!!!)

TW- good call, had forgotten to check Sedar.

JP had circa 18.5m shares. Sold 4.3m and another 1m. There has never been the volume for this to be open market so no doubt sold direct to a friendly, probably someone in the wider Discovery Group.

Then took circa 11m on the placing.

Net increase 5.7m shares for which he paid c$1.7m and has maintained the circa 20% ownership which if he goes above causes issues with how he’s defined on the register.

Always puts his money where his mouth is does JP. If I could I’d do a cartwheel if JP joined the register, think will have to settle for a little dance, let’s keep the fingers crossed

http://www.jangadamines.com/media/1373/jan-q1-2021-presentation-19022021-final-1.pdf

Don’t know, but if it is one buyer there should be TR1 next week. We’re also near placing price so perhaps the buyer still has funds for open market.. in meantime we’ve got the gutter muppets selling below bid into low volume, where do these fools come from?

Historically we’ve got metallurgy results, logistics reports etc advises as and when complete. Can’t say for sure, but suspect that’ll be the case again.

If you look at the slide on the presentation showing such a set up it refers to it being a mine 70km to the west of us and therefore a further 70km from the port..

I just clicked on the usual investor presentation link. Copied and pasted below when in that late so hopefully you can get in

http://www.jangadamines.com/media/1373/jan-q1-2021-presentation-19022021-final-1.pdf

Now on the website

Tom- I’m not expecting the new presentation to include much more than the inclusion of the initial PEA, revised timelines to show updated PEA in Q2, our revised holding in Valore post their placing, new MC and liquidity (which will have increased with Valore recent increase in their SP). Mocidade licence and initial field work results might be included.

It’ll be useful as lots of PIs are too lazy to even read RNS history and just check presentation. Having the updated presentation will help out in the months ahead, however I’m not expecting immediate buying just in back of new presentation.

As I answered to you recently we have lots of news due still to keep interest and encourage new eyes to look at us, the new presentation might help cement some of the casual views into considering more and buying in.

Tex - wow you’re ambitious, I was thinking maybe retain our existing percentage from before Valore placing. Maybe when we are producing we would have more cash for investments

Would hope so Tex, but initial Fodere investment was first picked up in the accounts. Let’s see what ownership percentage figures the company uses going forward in comms about Valore

Am I not the only one finding it all a little odd?

Placing closed just 3 days after PEA released.
No leak or Rumour before
No one on twitter claiming to have taken the placing or anyone new popping up and ramping
Shares being issued in just 7 days from placing
All the above point to the to the placing being very concentrated, by which I mean maybe just a few HNWs.

Timing wise not only is it just after our PEA, but just after Valore closed their placing. Could we have participated in the Valore raise? Was the uplift in the Valore placing amount to do with us?

If we have put money into Valore is it some of The Discovery Group guys in our placing? We know for example JP was maxed out on his ownership percentage of Valore before their raise, plus was due a loan amount back from Valore which the Valore placing should settle. Indeed the loan Valore owes JP is similar in size to the placing we announced today.

Could all be coincidence, but on the otherhand both JP and Brian are astute businessmen and its not too far of a stretch