Member Info for Dcat80

DS- Drill assays are consistently good, however as previously commented this shouldn’t surprise us. Was pleasant to see hole 137 come back with particularly good results, this in an area that produced lower magnetic readings than the central bright pink/purple zone on the map. Further backs up comments this is a north east - south east deposit and possibly indicative that pitombieras north and south are connected and possibly goela.

Drilling is going slow, was thinking multiple rigs would be deployed to meet target. Appears not to be the case - yet.. hopefully some action in place to do so. If not then upgraded resource might be on less meters drilled than planned, or PEA slightly delayed. If plans were for multiple rigs is one quietly working at mocidade instead?

No reason to get too excited or worried in today’s news.

I’d have thought logically next time we get a new presentation might be after the logistics report is updated and dry magnetic separation test results are in. Although guess they could be working on something showing peer comparisons or more details on uses of our products.

Obelix - I’ve added circa £11k this week, most the time through fill and kill orders. Nothing today though

Does feel like I could have learnt to become a master pianist amount of times it’s been Nt today, only problem I’ve nkt a musical bone in my body!!!

If nothing else today is proving of you give up your golden tickets you May well struggle to get them back!!!

D220- you found the window. Nt again now with HL

Either buy order in and they want sells to fill or they are short themselves and what sellers to balance their books. Either way they don’t want it going up. Expect it’ll move quick once they give up and let the brakes off.. assuming no sellers help them out first!

Some of the theories on manipulation are far fetched, but one tactic eggcup they are deploying today is keep refreshing small bands available of tiny amounts, stop any buying other than by order. They have been doing fir the last few days, I suspect they are net short and hoping for sellers to let them off the hook. It is pure market manipulation, especially with amounts t of time they are doing it.

Can only hope they get burnt. Really wish there was a number you could calm to report..

9 trades all at full ask. All done by order and the MMs won’t allow buying unless by order. Absolutely ridiculous

The MMs are really taking the Mickey today. Wish there was an easy way to complain!

Obelix - just for you as know you are not on twitter (posted there last night). You might like point 3 ;)

Chart might become more relevant now volume has picked up.

Historically
??low free float
??low liquidity
??selfish greedy sticky LTHs that average up (guilty)

has caught out those reliant on charts

AK - welcome. Well done for finding us, we are quite well hidden with message mainly speeding through word of mouth from existing PIs.

If you’ve been watching for a while then hopefully you’re aware of expectations over next few months. If you need any help with research then just shout, the BB here is one of the more informative and posters generally willing to help

Sure I’ve said before I’d love to see us double figures before the PEA even lands, I think even as we are we’re considerably under valued. The resource upgrade will add to that and the economics really highlight how cheap we are.

As before question to me is with stage 2 can join the club of elite projects with post tax IRR over 100% and NPV over $1b? Only 2 such projects got the company to a market cap of £500m or taken out on basic that as value of the project..

Incredible volume for @jangadamines today.

Reminder
Total share count is circa 250m
71% company insiders
Other TR1 3.27%
Leaving only circa 65m available

Traded today - 5.08m

MMs seem to have forgotten the 2nd in those names! I’ve had 2 x £500 plus a 30k and a 24618 share count order filled at 6.7p all by fill and kill when Nt...

Just Q1 as guidance, we need to finish drilling, update resource and have the component parts such as logistics report, dry magnetic separation results etc before PEA can be completed. Obviously that means expecting quite a lot of news before we even get to the PEA

BF - I think ours should be quite higher with stage 2 chemical plant

Might be witty keeping an eye on IRR today. Released a good economic study, whilst various projects and higher MC it’ll be interesting to see how higher up their MC finishes today on the back of as a potential gauge to what we might get

Sells have been weakening the book. We’ve just had the strongest buying I’ve ever seen in Jangada to take them on, not just today but last week or so.

As I said if selling is done in a controlled manger when buyers are stake building it can be a win win on these stocks that are often illiquid. Whilst I do get frustrated with selling in a company I consider so undervalued the main grievance I’ve always had is some selling strategy - specifically selling below bid or hitting the bid. Especially crazy when buyers about, but even more damaging when done at low liquidity. Selling into buying and patiently is the way if needs doing on the illiquid shares, those that can’t hold for periods of time are better off investing in the hundred of more liquid stocks out there.

Been a while now since we’ve had an update.

Would love the seller to be done and some lovely news to land!