Member Info for swizz

Morning all, it was a really good webinar with the Discovery team on Thursday night, it was predominantly a discussion around the wider precious metals marker sector, but I was able to put a couple of questions to JP, the drilling will start at PB in June (Covid permitting) most of the kit is either now on site or on route in preparation for works starting, the teams focus will be on PGE, there will be no distraction of base metals, (Nickel) at deep level is not a priority, but clearly Rhodium is and they will be ensuring full assessment as part of the works, the call should be released in the next few days and I will post when a available, plus look out for another Crux interview with JP in the week ahead, I believe the plan is to talk in more detail about the phase 1 works and the wider PB project plan,....GL S

Not a problem DS, I am on another call with the ValOre and wider Discovery team tonight and I will hopefully be able to add some notes over the weekend,....GL S

The Q&A session from MIF April 30th, is now attached,....GL S

https://youtu.be/eaZrPnMjd2U

Good Afternoon all, the attached link is the video transcript of the MIF webcast from April 30th,.........GL S

https://youtu.be/6BySbt1enCI

Many thanks DB, it is a fascinating insight into the deal mechanics that JP and BM structured, it also underlines in a significant way the value disconnection and what a great partner JP and ValOre are, ...... GL S

The updated corporate presentation, as of May 2020, now includes the recently announced drill plan details,......GL S

http://valoremetals.com/_resources/presentations/corporate-presentation.pdf

JP in conversation with Arash from yesterday evening and are more in depth explanation in regards to JP’s approach and the support of ValOre,....GL S

https://youtu.be/olO6gHjI0bQ

Yep, it certainly looks a very desperate situation, I am just surprised from this level, more attempts have not been made to try and work out a survival plan,....GL S

I am very mindful this is a desperate situation the company finds itself in, but I do hold and I have reached out to the company and its board to see if there is any feasibility in discussing shareholder support being put together, at a circa £100k mkt cap, surely there has to be some options available?, I also note a few trades this morning, following yesterdays news that the bank payment was made for April and the timeline extended to May 10th, has anyone else reached out to the Company or the CEO?....GL S

I was able to log into the MIF Metals webcast last night, ValOre along with a number of other junior mining companies attended the event, JP presented an overview of PB, which was predominantly the content of the April revised corporate presentation, it was delivered with the attention to detail and the enthusiasm that JP has in abundance for Pedra Branca and there was also a Q&A session at the end, which was predominantly a general Q&A covering Covid-19, the Gold and Uranium markets, we were also able to post questions and I was able to ask JP on the recent permitting delays and for JP to expand, apparently the main reason was around vegetation suppression and ensuring all works and access to work areas, did not result in harm to the environment and in particular any established trees, it’s an area that the Brazilian authorities are particularly sensitive to and the ValOre team wanted to ensure full compliance, so the survey and navigation of project logistics took longer than anticipated, but it’s all squared away now and no further delays are expected, the presentation should be on general release from MIF at some stage next week,....GL S

JP interview with Chris from Arcadia and further explanation in regards to the Pedra Branca drill plans, plus the rationale behind the non-dilutive fund raise to ensure phase 1 could get underway,......GL S

https://twitter.com/valoremetals/status/1255851588511387650?s=21

Tex,

Good to hear from you and I hope all is well for you,

Yep, there is certainly lots to catch up on and even with recent the recovery, we still remain stubbornly off the radar and disconnected from value, both key projects are clearly moving to a new phase now, so I would suggest so will the news flow and perhaps a greater understanding of value will be identified with both projects and also the next steps in realising that value, take care,....GL S

Alex and Colin from ValOre discuss the drill plans in more detail, the enthusiasm in both is very tangible and great to see,....GL S

https://youtu.be/9TKjOCP6bwo

The Canadian market are also liking the news, ValOre currently + 15% and I believe that takes us back above the point, where the market cap of Jangada is now valued less than its holding in ValOre, so cash and Pitomberias at zero value,....GL S

Excellent news from ValOre overnight and it certainly underlines the belief JP has in the asset,.GL S

“We are excited to begin drilling Pedra Branca and to really showcase the compelling potential of our PGE project,” stated Jim Paterson, Chairman & CEO. “We have identified many new high-priority targets in our two-phase program, which is designed to expand the current resource, advance existing targets and test undrilled areas. With $1.2 million in funding now committed, we can ramp up exploration activities at Pedra Branca and begin the process of safely mobilizing drill rigs and personnel to Pedra Branca.”

https://ceo.ca/@nasdaq/valore-outlines-2020-exploration-program-for-pedra

I would suggest you have another read through and also refer to all of the map overlays,.....GL S

The text from the RNS also states the following,...

The programme evaluated the structural corridor associated with the known vanadium titanomagnetite ('VTM') mineralisation, which includes the Pitombeiras North and Pitombeiras South anomalies and the newly discovered Goela VTM targets.

W5, it was and it it does, if you click on the link in the RNS, (also below) and you then compare with the presentation overlay, you will note the scale of the project, it is quite remarkable and unlike anything else out there, especially with the consistency of high grades, ....GL S

“ The programme evaluated the structural corridor associated with the known vanadium titanomagnetite ('VTM') mineralisation, which includes the Pitombeiras North and Pitombeiras South anomalies and the newly discovered Goela VTM targets.“

https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/JAN/14511857.html

I should also add, with the recovery of Uranium gathering momentum, it may also present ValOre with some different options, regarding funding PB,.....GL S

Bf, they don’t need additional funds until later in the year, they have sufficient funds to undertake all of their current work plans, there should be another interview with JP released this week, which is with Matt from the Crux team and JP provides a very detailed explanation of the plans and the funding will be linked to a very extensive drill program, it clearly is a very different capital structure that JP has access to via the Discovery group and I would suggest you will not see the type of heavily discounted raise, that so many of us have witnessed with Aim explorers, perhaps one of the benefits of the board having so much skin in the game and being fully aligned to their shareholders,.....GL S

Certainly not for the reasons anyone would have wanted or even predicted, but it would appear that we have the perfect storm developing in the market for some of the key elements and I would suggest ValOre and Jangada very much in line to benefit, as the focus moves into the exploration space, PGE continues to maintain very strong price support, Uranium is very much in demand as the spot price has finally broken through $30 and concerns are starting to develop, that Vanadium could experience a significant global shortage and the price has been accelerating in recent weeks,....GL S

https://seekingalpha.com/article/4337490-largo-is-set-to-gain-from-south-africas-lockdown