Member Info for swizz

Never underestimate the stupidity or irrational behaviour of a fund or a financial institution, pre Covid-19 they were sellers and I would imagine they have certain liquidity levels that need to be in place and Miton have been selling across a number of small cap equities, it is intriguing that they have stopped just above the notifiable level, when they could have easily dropped below and does that signal they have reached the point where they will now stay?, personally I would take it as a positive,.....GL S

Good to note Uranium has cleared $30, it might be time to start crunching asset value numbers in the next weeks and including the Uranium in the arithmetic,.....GL S

Another great interview with JP and you certainly sense he is making the most of his time and expanding the ValOre network and understanding of the companies projects in a very significant way,.....GL S

https://youtu.be/zhdmjoQKj58

Good to note the week closed on high for ValOre, with another gain of plus 10% on TSX-v, it also good to see the potential of Angilak is starting to catch the attention of a number of investors,..GL S

Good to note the ValOre recovery gathering momentum and plus 8% on open,.....GL S

Good to see that you are catching up DB, nice one,.....GL S

Good to note we passed an important point last night, with ValOre’s circa 18% rise on TSX-v, the Jangada share holding in VO.V is now back above our mkt cap, which equates to zero value for the $1.8m cash balances and our 100% interest in the Ti-Fe-V resources at Pitomberias and Mocidade, ....GL S

Btw - I also understand the interview with JP and Crux took place yesterday and hopefully more on that later this week.

https://web.tmxmoney.com/quote.php?qm_symbol=VO

Understandably there is a lot of focus on Pedra Branca and Pitomberias West. which is also very much front and centre for the boards of ValOre and Jangada, but it is certainly worth keeping an eye on a significant period of news flow within the Uranium sector, as global supply squeezes and mine closures gather momentum by the day, the latest of those being the news from Kazatomprom, that it is effectively taken circa 10m lbs of production out of the market, due to a mine closure, which I believe will bring more focus on the Angilak asset, which is 100% ValOre owned and provides a great hedge for Jangada shareholders to this sector, especially taking into account that the Angilak asset is circa 40m lbs of the highest grade energy metal, ......GL S

https://www.kazatomprom.kz/en/investors/novosti

D220, I fully agree with you on the longer term view, the potential for both projects is exceptional and I also believe when we are clear of the current challenges, ValOre and Jangada represent great value in the junior exploration space and should see a lot of interest, also good to note that Crux have plans to interview JP and the ValOre team, this should also see some further interest generated in the shorter term.....GL S

https://twitter.com/valoremetals/status/1246473050574344192?s=21

JP in conversation with Brien Lundin regarding ValOre’s latest discovery Mendes North at Pedra Branca, the project continues at a pace and so far, similar to Jangada, the field works are progressing without interruption, .....GL S

Time line - 12.05 to 24.45

https://youtu.be/etgQvVxF7oI

Good to note Stockhouse have initiated coverage of ValOre and an in depth article to kick of their interest,.....GL S

https://stockhouse.com/opinion/independent-reports/2020/03/31/is-valore-primed-for-pgm-s-perfect-storm

An interesting snippet tucked away in today’s interims and one I would suggest adds another important ingredient to the boards intentions and the potential transition to production at some point this year,....GL S

“Fodere Titanium Limited (FODERE), a U.K based company that holds the exclusive worldwide rights to extraction technologies designed in conjunction with a prominent English university that allows for the zero waste recovery of high-grade titanium dioxide (TiO2), high-purity vanadium (V), ferromanganese, high carbon steel, and other high-value elements from either tailings stockpiles or direct mineral deposits. To learn more about the Company, visit: www.foderegroup.com.”

The Fodere web site is currently undergoing a refresh, so nothing of note at this stage.

DC, spot on, it is only a skim read at this stage for me, due to other commitments, but you do get a sense there is a lot of take aways from today’s update and the positivity is very tangible, despite the Covid-19 headwinds that everyone is facing, it would good to see some engagement from the board before the week is out, just to expand on some of the key messages shared, it was also interesting to note that our investment into Fodere Titanium has been confirmed, alongside Nick VS, so no doubt some research is needed there!,...I hope everyone is safe and well,....GL S

Btw - I also noted the comment from Brian that he is an “Active Investor” and I believe I am right in thinking, that the board are clear of their closed period!

Lm,...you have got it all completely right!,.....GL S

DS, I think you are referring to the strength of data, that is used in the PEA and if so?, I would suggest minimal, they have significant data from previous drilling and geological activity and with the currently activity underway and taking into account the logistical profile of each drill hole, I would suggest they are very sure the resource is there and it is also at shallow depth, ....GL S

DD, based on the companies most recent corporate presentation, I think the $1.5m is spot on, I have included the link below for you, on page 3 you will note that it provides a reasonably up to date overview, of the company’s liquidity, plus the presentation contains a lot of other detail that you may find of interest,.......GL S

http://www.jangadamines.com/media/1354/jangada-q1-2020-presentation.pdf

DD, out of interest, just so I can establish if I should pay any attention to you, do you actually know what it costs to put together a JORC compliant PEA? and can you also share with us your financial calculations, that are giving you cause for concern?, ..GL S

Btw - the interim financial reports are due fairly soon from the company, so you should have a more up to date understanding in the next few weeks.

Good to note the team are well and some very practical steps have been taken, which also ensure the project aspirations and plan remain very much on track, excellent update,.....GL S

Jangada will conclude its programme with an additional 7 (seven) DD holes, or 420 metres, by April 2020. The reduction of metres is substantially as a result of drilling the holes to a shallower depth. It is expected that this will not have a material impact on our immediate plans because, by completing the planned holes (albeit to a shallower depth) we will have tested the boundaries of the anomaly as required and we will have sufficient data to continue with a preliminary economic assessment ('PEA') and JORC resource estimate. The reduction in the drilling programme will also result in a cost saving, which seems prudent at this time.

Thirteen drill holes have now been completed to date including 2019 and 2020 DD programme for a total of 1,235.65 metres.

Brian McMaster, Chairman of Jangada, said: "Considering the health and safety risks of keeping our crew at site along with our team of contractors at these times of uncertainty, we have decided to curtail our diamond drilling programme. Their welfare is of course our paramount concern and we feel we will have sufficient data to proceed to a JORC resource estimate and a PEA based on our revised plan. Combining our 2019 and 2020 drilling activity, thirteen drill holes for a total of 1,235.65 metres have now been completed, revealing very consistent grades and widths which continue to underscore the strong prospectivity of our Pitombeiras Vanadium Project. We look forward to sharing the results of the final drill holes in due course."

Kk, good questions, I would suggest IHC have taken a very logical approach, they have taken both direct orders and are expanding production capacity to meet the increased demand and they are also providing IP, technical guidance, etc. and are leveraging additional production capacity via the consortium they have joined, certainly worth researching for a few moments if you have the time, the consortium are also looking at global supply requirements and with the ventilators being built to meet the MHRA specs and standards, it will fast track the global supply opportunities,..GL S

https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/874279/RMVS001_Rapidly_Manufactured_Ventilator_Specification__PDF.pdf

Just published and should get things moving for IHC and their consortium,....GL S

https://www.gov.uk/guidance/exemptions-from-devices-regulations-during-the-coronavirus-covid-19-outbreak