Member Info for Lmoll

Its just a thought but is the issue with Canaccord Genuity Limited, because there has been a couple of other small cap companies that have changed from them to another nomad in the last few weeks.

Whi have changed to zeus

Lit appointed cavendish

Are they just getting rid of the small cap companies and concentrating on other?

https://newatlas.com/energy/solar-flow-battery-efficient-renewable-energy-storage/

I presume the mm's are trying to get stock and nobody is selling ??

I like the comparison on ore grades compared to other companies assets. Shows how rich the ore is

Hi Dcat. Thank you for that offer. I will message you soon, thanks.

Thanks for them companies, i will take a look

I think i have come across a similar project.....it is in Australia and is a company called flinders mines and the canegrass project.

We seem to have better grades though.
Has anyone done research on this company as a comparison?

Thanks for all the links. It's good to hear he is going for target which have easy access and less disturbance to the vegitation.
I went on to listening to his interview on paradise radio....and found that interesting to.....the uranium deposit seems to be ready to go when the price is right.

Gla

Thanks for that link swizz.
I found that very interesting to watch. It's good the have someone explain the presentations that are put out. It would be amazing if Jangada did the same thing when the jorc report is released.

Certainly not looking to hang around.....i am sure they will be drilling very soon ??

Thanks dcat, so we would need a beneficiation plant to process before shipping.
I remember seeing it now, just got a lot on my mind atm. Sorry for being a bit dim :)

I think there is a big clue in this rns that it is viable to extract and sell the ore when they announce they are cutting the drilling program in half and in todays RNS they say they plan on extracting approx 300kt this year. Basically we know the minimum to make it profitable and the results so far have exceeded this so no need to do more.

If the plan is to sell to China and we only have to transport the ore to the port or the Brazilian refinery then i am expecting the P.E.A to show a high percentage profit.

China looks to buy T2o5 at a price of about 92000 yen (approx £685) per ton. Take the transport costs off and the cost of extraction.

I can only see it being a couple more weeks to drill the final holes (i think 2)

It wouldn't surprise me if the machinery has already been sourced and ready to go. I would guess it will be drill, blast, dig out and transport.

Probably got this completely wrong but looking forward to seeing the P.E.A.

Good luck all.

That's cool, thanks for confirming i have read something correctly :)

Gla, hopefully i can top up tomorrow

Am i reading the last RNS correctly by thinking that there is no point drilling to 120m when it doesn't seem to be anything below 53.52m so they may as well save drilling to the 120m depth. Which will save both costs and time.

It also looks like there is some very good grades at very shallow depths. Which may make a nice initial target for extraction to get funds coming in.

I have probably got it all completely wrong though.

That would be the best option, just madness what is happening at the minute.

We had our initial results on the 26th feb, has anyone else got a feeling that it will probably be a monthly update?

Just did a quote to sell 500k worth of shares, was offered 1.27p lol

Looks like it was a smash and grab from the mms to acquire stock from their favourite stocks. If you look at the risers today, there is lots with big % rises.

Please don't shoot me for saying this and i know the coronavirus is not a nice thing at the minute but everything is massively over reacting to what is essentially a bad cold.
93% should recover fine.
Life goes on and the world can't stand still, it's not like a zombie movie where we are fighting to survive. Crops will still grow to feed us, water will still flow from taps, the sun will still shine (even if its behind the clouds) and most important of us all here in jangada is that the minerals are still in the ground ready for us to dig out.

I work in retail and all i hear is that someone is buying extra because everyone else is. They just need to be sensible. It puts an enormous amount of pressure on us trying to make sure goods are available.

I just realised it turned into a rant. Sorry about that.

I just wish i had more funds to buy at this price.

GLA

Its an interesting read tex. Only had chance to read half but will read the rest later. Explains why the sp moves quickly here.
Im keeping hold of my holding for as long as possible.
GLA