Member Info for Dcat80

Tex- if you follow the link you’ll see the drill holes on a map. No specific order I can see, but a trend towards moving north east. They’d have had some rock samples for guidance, but I doubt there was a plan to provide market with improving grades- that would almost fall in the category of PR ;)

I’ve still been in contact with Swiss, he’s been busy with work but still occasional post on Twitter

Very good assays, as before well worth comparing with the guidance on grades expected in the company presentation.

Thanks BF- I’m not shy of sharing my thoughts on how special I believe the ore is.

Another illustration of this comes from Largo Resources CEO. It takes just 2 minutes to watch the last 2 minutes if this video (sorry to state the obvious), however it’s there to hear that the CEO of the highest grade vanadium mine in the world says their 13% tio2 will be as important to them as their vanadium (3.2%). Our tii2 in tailings (non magnetic ore) is
33%...
https://twitter.com/davidca041980/status/1263124339412606977?s=21

Whilst it takes time for these to come out and there are always risks with early stage exploration all I can do is try and highlight this. I’m holding for the long term, however it would be nice if those late to the party paid more than my 1.8p average. Patience here I’m sure will be rewarded

As the IPO/London finance guy i doubt his skills are required. More likely he was pushed or could see his time coming to an end and left.

BF - Worth looking at the 14th Feb RNS on shareholders Q&As. That specifically answers the question on how long a trial mine application licence might take. There are a lot of other questions also around the subject of trying to understand how the asset could be monetized early.

Last thing BOD and insider want is a bad placings by when they hold 73%. They’ll certainly be looking for all options to above that and even a modest $3m-$5m per annum would comfortably pay for additional exploration work and studies to develop the project.

It could also be material that Louis Castro is leaving, hes the finance guy with London connections. Whilst RNS said he’s resigning of questions if it was more a matter of him just JT being required. The last raise at 3p was something no one was happy with and I very much doubt raising in London is something the BOD want to do again.

Remember they have 25m Valore shares. Whilst I wouldn’t want to see these off loaded it might be better if only other option is a poor raise. Last thing Valore and JP would want is their largest shareholder having to offload shares whilst Valore will need to raise later in the year. Pure speculation, but wouldn’t it make more sense for both Jangada and Valore for funding to come from Discovery group members rather than force Jangada to sell Valore shares? If so it would have to be at terms Brian deems is fair. Possibly in the form of a loan until production, or at terms that better reflect the value. Bearing in mind Jangada own 26% of Valore it would be hard for JP to say valor is cheap if they bought into a company holding 26% of Valore on the cheap.

I posted yesterday morning on news flow

It’s good to see, I suspect either the company or David burton look at the BB on occasion and yesterday’s volume may have prompted them to.

Not sure who yesterday’s buyer was, hopefully they’ve shaken out the seller though and have more fire power to at least get us over the 2p level again.

Not sure if you guys are aware of potential US legislation on uranium to protect their supply and encourage domestic supply. Concerns on unfriendly nations controlling their supply basically. Well looks like they are starting to do the same on vanadium. Possibilities they’ll start buying and stockpiling or encouraging investment in projects in friendly territories ie nor t Russia or China. Could have positive affect in prices at some point

https://www.kitco.com/news/2020-06-02/Vanadium-gets-its-day-in-the-sun-as-the-new-national-security-metal.html

Tex - could you just imagine JP trying to buy up 10% of Jangada stock in the open market like he did with Valore :;

BF - The Discovery Group is an affiliation of companies that pool the various expertise of some of their experienceD personnel. Not a company that invests into others. Research the Group and some of the companies either form part of the group, personally I’m more impressed with their quality over companies we see listed here.

Drilling results up until end of June. Hopefully JORC will follow shortly thereafter, however remember we’ve only drilled a very tiny area of the licence. It won’t be a large number, but should be sufficient to suit trial mining for a few years.

PEA will need the Jorc + other studies such as the bulk sampling test work bring done etc. We might get that test work news any time.

Further Davis tube analysis might be provided. As we know they were originally drilling to 120m whilst only top 50m has reported mineralisation. Is there something else that’ll be picked up by the Davis tube work?

Will there be a tie up with the Discovery Group? We need to replace the NED that is leaving.

Interest from partners. Could any MOUs be signed regarding how project might develop. By this I mean perhaps a Chinese tio2/vanadium producer interested in our ore.

The above is just on our own project and what comes to mind. Remember Valore are due to start drilling PB this month of safe to do so.

Silly hitting the bid, better for SP to be good when news lands than for news just to recover the SP. still more buys than sells today..

No problem. As I have said many times it’s the tio2 that excites me. Only comparable company in that regard is neometals.

If you’re doing the comparison work you’ll need to understand prices of the metals and difference between overall grade reporting and in magnetic/non magnetic portion. You might find tweet below useful. If you’re on twitter and want help then dm me there

https://twitter.com/davidca041980/status/1263124339412606977?s=21

Lmoll- not seen that one before do will have to add to my list of comparisons. Thanks for sharing.

The companies I’m aware of with vanadium/tio2 are also Aussie listed.
TNG Ltd
Kings river
Neometals

In addition largo resources (vanadium in Brazil) are also exploring how to commercialize their tio2

PGMs going well, iron at 8month high (wonder if vanadium will follow up).

Still have impatient seller though!

Not too sure on the structural corridor comment. They’ve been drilling a tight grid format to prove up a modest Jorc rather than large step out.

Oh and potentially chats with offtakers, either in country or China to tie in with the logistics study released last year. Trial mining licence application I suspect as well if they’re looking to monetise in some degree early

MM- working towards a Jorc when assays I’m which will feed into an economic study. Other factors required in economic study will likely be further metallurgical work and maybe some bulk sampling. Suspect other aspects on infrastructure etc can just be used from previous work done on the Pedra Branca studies we carried out

Will be interesting to see who replaces. Maybe someone from Discovery group? Think we’d all like to see closer connections with them!

Well it looks like great bear have just places at $17 per share against current $11. At $17 it’s a 33 bag in 18months. Good to see discovery group company doing so well!!

https://m.marketscreener.com/GREAT-BEAR-RESOURCES-LTD-49479181/news/Great-Bear-Resources-Announces-C-20-0-Million-Bought-Deal-Private-Placement-of-Flow-Through-Common-30587437/