Member Info for JezTheFez

Can you imagine how much this share price is going to zoom-up when the licence is finally granted? It could well multi-bag in a short space of time. I have seen so many shares mutlibag on not much news as of late. Here we have something that is actually worth a fortune and so I for one am expecting a major re-rate.

My average share price is more than 11p so I feel your pain. Ouch it hurts. Have lost a lot of money on this share and was hoping to see some real signs of progress but they seem to be losing more and more money. Absolute muppets. Best thing they can do now is get bought out by one of the major telcos over in India.

Next push up to 0.4p is looking likely as buyers see the potential here. Bargain price at the moment based on the news today.

Some excellent, positive posts being typed today. Thanks guys. Like the post from Panda with reference to Glencore being one of the potentially interested parties. This is looking more and more like a "no-brainer" to me now. Very happy to watch it all play-out this year.

Investors55.... What is in the RNS for everybody to see is the following paragraph, which is contained towards the end of it: Discussions continue with other third-party service providers regarding the running of the mine at Monchetundra. The company hopes to emulate the contract mining arrangement utilised at West Kytlim by contracting the mining operation to a reputable international specialist company with experience in Russia, while maintaining control of the project for a percentage of gross revenue. I think Panda1 has his own opinion about what sort of company could be interested in taking a percentage share of the project off us and I don't think it will be a tiny market cap company and so hence his belief that it could be somebody like Glencore. Me? I think it will probably be a Russian or Chinese company or maybe Sinosteel will buy a greater share of the project off us or even buy us out??! Let's wait and see how it all plays-out. Either way, today's RNS has got this baby moving in the right direction and I hope that we can all be present for it's birth!

Panda1 is right... Don't let the spectres of the past cloud your judgement here. Things are really moving in the right direction now. The easy option is to dwell in the past and moan on about this and that, but the strong minded person will look now to the future and that's where I believe the big prize awaits us aka Mochentundra. A bit of faith and patience will go a very, very long way here now everybody. There will be a substantial re-rate of the share price at some point this year and so take you positions now and sit back and watch it all unfold. We have enough cash to move forward now from what I can tell and so we're ready to make the next step-up. Great times are ahead and just around the corner. I will take this opportunity to remind people what our market cap is today versus the value of Mochentundra. It's like comparing a flea with an elephant if you catch my drift!

Panda,.. Great that the Palladium is in abundance at Mochentundra as its price as of late and for the foreseeable future is set to carry on increasing. People should also be aware that we have other metals in the mine too: Copper, Nickel, Gold etc - all of which are seeing increased prices. It should in theory be a very, very profitable mine given the requirement for these metals.

I agree, Panda. I have been here and watched the share price soar above 2p on a couple of occasions. I'd like to see a nice, steady climb in share price now as we creep ever closer to final licence approval. I think we all realise now that this share is way, way undervalued. Today's RNS should have calmed some nerves including mine. This could easily be one of the AIM success stories of 2018 and hopefully beyond. Mochentundra is worth a fortune - please see one of my earlier posts. Look at our tiny market cap at present and you can very easily see why I say that we are undervalued.

I was thinking the same thing, bluesky687.... Where's Troajan?! I often bump into him over on the JAN board. I told you it was a good 'buy', Troajan.

Isn't it worth a lot, lot more Panda? Here's a paragraph from today's RNS. It's towards the bottom of the RNS and talks about the perceived value of Mochentundra: To note, for the purposes of correlating the scale of this deposit to other international platinum group minerals and base metal mines, the total in-situ metal value of these Reserves and Resources, before metal recoveries and all costs, is calculated as 2.1 billion USD at today's (Jan 31 2018) metal prices. However, there can be no guarantee that this figure will be achieved by Eurasia. Please note the reference to 2.1 billion US Dollars minus costs. How much is that worth in �'s? Compare that to our current market cap and you'll see we are way, way undervalued.

Well that's a nice way to start the day! Great looking RNS. This is a multibagger in the making if ever I did see one. Been in this one for 4 yeas and happy wo stick around for my prize. The Russians clearly want this one to go through the approval stage quickly and this may explain our big Russian investor friend the other day :) Things are ticking along very, very nicely here now. Only a matter of time until we get the final seal of approval and then it's BOOOOM time.

Possibly, yes. I'm happy to wait for the results anyway. They'll come when they come. I have every faith the results will be very encouraging indeed and more investors will start to take notice of us.

It is feasible to suggest that we may have the PFS results before the Mining Indaba 5th-8th February event. It would be ideal if JAN were to attend that event armed with all of the juicy information regarding the asset and at the same time, they could be more explicit with the conversations they'll have.

I like Doc Holiday. Think he speaks a lot of truth and tells you how it is. No negatives about JAN in his podcast today. Highly recommend people have a listen to it. Just the opposite in fact - very positive about BM's ability to deliver results given his past record. He has also purchased some JAN shares at around the 5p level, so I guess if he didn't see a good thing, he wouldn't have bothered buying any shares in JAN.

Sean Doch Benn (Doc Holiday) did his pod cast today and he spoke in detail about JAN. He doesn't think there'll be any fund raise until the share price is way north of where we are today, which was something that was stipulated in the Admission Documentation and which was their attention. So I wouldn't panic, mate. BM knows what he is doing.

Hi Troajan..... I see Sound Energy have appointed a Joint Broker today. I believe in our case and probably like theirs, it points to non dilutive funding, which if true is a very good thing and is what I am expecting given the fact that the BOD and the Associates own such a large chunk of this company. I am assuming that the results of the PFS will be out prior to any decision of funding, but put it this way.....I'm very happy with the way things are progressing here. No violent swings in share price....just nice, steady progress as time goes by. I trust in BM to deliver us a "ten bagger".

No, it's a genuine question. I don't have a lot of knowledge when it comes to why a company chooses to have more than one broker. Excuse my dumbness!

Quisad? What's the purpose of having a joint broker? Is this a good thing?

No problem. Thanks to Quisad. I wonder whether or not we'll get a RNS next week? Can't be too long now until we get the PFS results.

Hi Soundingoff, You can see some information about the % of ownership on the main page of the Jangada Mines web site. However, Quisad alerted us to the fine detail that exists in the Admin' Documentation that goes into more detail about what percentage of the company is owned by the BOD and its Associates. Quisad? Please could you post the relevant section of that document on here please, that refers to % of ownership? Thanks It's a figure in the high 70%'s I believe, which doesn't leave many shares in free float and as you say, on the face of it, the BOD are likely to avoid any share dilution in favour of alternative funding e.g. a loan.