Member Info for swizz

Great to note the BFS is indeed on track, but more importantly the hydrology has not raised any show stoppers, whilst in the regular scheme of things, this particular part of the technical efficacy of the mine plan would probably go unnoticed, in recent months and in light of environmental considerations, it has taken on a new level of importance and it would not be a huge surprise to see this news expedite other important applications in the background,....GL S

gc, I have now added to google drive and it does appear to be a clearer image now,...GL S

https://photos.app.goo.gl/zGqC2kaQV2wy1pCa9

Hopefully this link will work...

https://imgur.com/5pzAjWi

Evening all, a few people have requested my notes from the uk investor show, please find as follows,...GL S

Please Note – The questions were prepared prior to the event and the notes were made on the train journey home and I do consider that they are a fair and accurate reflection of the discussion on the day, but should not be considered an exact word for word account.

View post on imgur.com

No worries CH and yes we are connected,...GL S.

One topic that is probably worth detailing prior to the weekend, I did ask if the previous time line plan, was still on track in regards to the anticipated key events of Q2 and beyond, the answer was a resounding yes, I believe the Metallurgy is just undergoing final optimisation and will hopefully be with us soon, it will be interesting to note if any reference to Rh is made at this stage.

Apologies guys, the day job is somewhat full on and the q&a notes are circa two pages, covering a wide range of topics, I will try and condense down and post a synopsis this weekend, ....GL S

CH, I was at the UK investor show on Saturday and I did meet Heinrich and I have put together a set of notes, as I did head to the event with a series of questions, which Heinrich very kindly answered, I am happy to share with you, if want to send me a DM,....GL S.

The geological footprint at Pedra Branca does lend itself to Rh and some of the earlier geological mapping pre Jangada does indeed detail Rhodium, with the advantages of modern technology, it would certainly be feasible for this to gather some traction and be an identifiable element, it may just be the catalyst we have been waiting for, because everything else has been ignored so far, ...GL S.

The next game changer for Jangada?...it would certainly spice up the already compelling economics of Pedra Branca, if they had identified Rh in commercial quantities, with metallurgy updates not too far away, another intriguing twist in the developing story,....GL S.

https://twitter.com/jangadamines/status/1110173292118372352?s=21

TT, you may well have joined at an excellent stage, there is a significant and material amount of news flow due in the weeks ahead, as we progress through to the Metallurgy report, BFS completion, along with the Vanadium asset potential being developed,....GL S.

Guys, Nice to see some sensible debate and small correction DS, our mkt cap is circa £6m, hopefully we will see £7m and beyond in the very near future,...GL S.

thanks gc, hopefully they will correct the article and I would also suggest they should have included that Consulmet have also agreed to take the current and future costs associated with the BFS as equity in lieu of payment, (approx. £311k @ 3p; plus warrants), this was also a key part of the £2.1m finance package,....GL S

"Agreement with a leading minerals processing consultancy firm, Consulmet, to accept shares in lieu of fees on completion of work undertaken at the Project including part of the plant design and metallurgy study;"

DB, it’s an excellent overview of the progress and potential, however it fundamentally fails to reflect the financial position accurately, you completely ignore the £1m unsecured loan, which was an intrinsic part of the £2.1m funding package and was clearly referenced as “not drawn down” in the interims a few weeks ago, I would suggest an amendment / further clarification of that section is justified,...GL S

Update on asset progression,.....GL S

https://youtu.be/-YUxjN2XnRY

Cheers Obx, you too and agreed it will need metallurgy lab qualification, but personally I would be surprised if it has a variance of + or - 5 percent, the modern field instruments that they use have progressed significantly with there accuracy,....GL S

The market in structural deficit until 2023 and probably well beyond, due to the lack of production capacity, this will certainly add positive dynamics to Jangada progressing their JV plans for Pitombeiras West, ....GL S

https://roskill.com/market-report/vanadium/

I see a comparison was made by Brandon Hill today with Largo and Jangada Mines, Bushveld also featured and perhaps it brings back memories when Fortune was bringing together all of the different pieces, what immense foresight he had,..ATB......GL S

“Perhaps the best comparison is with Largo Resources, also located in Brazil. The company operates the Maracás Menchen Mine in the province of Bahia. The mine commenced commercial production of vanadium flake in Q3 2014 and has a contracted take-or-pay off-take agreement with Glencore International Plc. for 100% of its vanadium material which expires in Q2 2020. The mine is projected to produce between 10,000 and 11,000 tonnes of vanadium pentoxide in 2019 which is inclusive of high-purity flake and powder. The Company announced in April 2018 plans to expand production capacity by 25% at the mine with construction which began in June 2018. The enhanced production rate at the Maracás Menchen Mine is expected to result in an additional 200 tonnes of V2O5 being produced per month totalling 1,000 tonnes per month beginning Q3 2019.“

https://www.brandonhillcapital.com/media/77823/jangada_flashnote2019_03_11.pdf

Adds some decent perspective and also provides some interesting peer comparison data,...GL S

“Perhaps the best comparison is with Largo Resources, also located in Brazil. The company operates the Maracás Menchen Mine in the province of Bahia. The mine commenced commercial production of vanadium flake in Q3 2014 and has a contracted take-or-pay off-take agreement with Glencore International Plc. for 100% of its vanadium material which expires in Q2 2020. The mine is projected to produce between 10,000 and 11,000 tonnes of vanadium pentoxide in 2019 which is inclusive of high-purity flake and powder. The Company announced in April 2018 plans to expand production capacity by 25% at the mine with construction which began in June 2018. The enhanced production rate at the Maracás Menchen Mine is expected to result in an additional 200 tonnes of V2O5 being produced per month totalling 1,000 tonnes per month beginning Q3 2019.“

https://www.brandonhillcapital.com/media/77823/jangada_flashnote2019_03_11.pdf

ch, A great update and will wet the appetite of prospective partners, with grading equivalent to about 6% copper equivalent or if you prefer gold 9g per tonne,....GL S

Indeed and certainly good enough to move forward and progress the asset further and Ideally a JV is established, with a more in depth and exacting drill campaign initiated, but this should be good enough to wet the appetite of prospective partners,...excellent news,....GL S.