Member Info for Lmoll

It's a little concerning to see the price dropping but i am sure we will all be happy once the final report on the drilling program is released.

Thanks, dcat.
It does seem strange to drill so deep when the target is 40m, and definitely seems like they are trying to see if there is something else there, maybe a deeper deposit of the same minerals, or something else.
Looking forward to seeing the end results.
Gla

Thanks dcat, i must have completely misread that rns. I just saw 10hrs per day.

Ok, so if jangada are on schedule, and these results come 1 month from the start,
A 2500m drill program, on schedule should mean that todays results are for the first 2 weeks drilling at a rate of 27.7m per day.

So 2 weeks drilling, then that should mean that it is taking 2 weeks to test and see what is there.

All depends on how many rigs are there, 1 rig at 27.7m per day or 2.7m per hour seems about right, time between moving between locations shouldn't be much based on most drilling rigs are mobile.

Sounds about right to me but i could be (usually am) way off the mark.

I wonder who is selling 500k at a time?

I was in ujo last year and it basically descended into everyone beating on anyone who asked a question or gave an opinion. It wasn't good. Probably still the same.

Looking forward to the following weeks. All the best everyone.

Thanks for that, Dcat.
I have every confidence that good things are to come and i am just thinking of different scenarios.

Can i just say that i find this share has one of the most helpful people helping others.
Thanks for everyone's contribution

I know its probably nit the best place to look but i was bored last night and looking on alibaba and it shows the final product tio2 and the prices per kilo/ton. Its quite impressive but the thing that stuck out was there is pretty much only 2 company's in Brazil that sell the end product. Most of it is sold from china, so i was thinking the ore could get sold to one of the company's in brazil.

Just a thought.

Thanks for your views. It all sounds good....i bought more yesterday but had to do it in 3 transactions due to not being about to buy in one go. Looking forward to seeing the outcome and the decision the bosses make ??

I suppose people look out for certain titles of rns' at 7am.

What does everyone think would be the more likely scenario after the jorc and PEA?

Sell the claim?

Farm out?

Develop and sell the ore? (Sell some valore shares to get up and running?)

Sell the ore, as is then get funds to build a plant to process into a final product?

What would you like to see?

That's quite impressive. I also like that the mc is pretty much the same as what we have in valore(£3.7mil) and the £1mil from today's final payment.
The current drill program is fully funded, so i presume today's payment will go towards getting the minerals out of the ground once it have been proven at Pitombeiras. So on this, the Pitombeiras discovery doesn't seem like it is priced in at all.

Does this sound about right or am i way off the mark?

Ciuld it be Louis Castro and Nick Von Schirnding selling their awarded shares as soon as the 2p excise price was reached?

I have just finished work and looks like my topup this morning was well timed then ??

Thats cool, i hope you are rewarded for your dedication and sticking with the company.

Gla

Hi swizz.
I hope you don't mind me asking, how long have you been invested/researching jangada? You seem very knowledgeable about the company and that comes with a lot of time researching/following the company.

I find it very useful, all the links you have been posting.

I find it reassuring that the directors hold such a high % of a company. I was able to top up yesterday

Hi, thanks for correcting me, going to sit back in the corner and be quiet. Lol.
I am invested, all be it a small amount but still want ujo to succeed.

All the best everyone.

I understand it is a lot more complex than i made it seem, loads of different factors etc to take into consideration. Just tried to understand in its simplest form.

To get out this morning
50mil trade

Thanks gkb47. Its a pity the sp wasn't over 0.3 but hopefully soon will be.
Leaks are never good, even though we would like to know asap it destroys company/ceo plans etc and gives an unfair advantage to some.