Member Info for swizz

gc, you are probably correct, I just think with the appearance of Silverstream in recent weeks, the asset potential at Pedra Branca is clearly on the radar of third parties and as they move closer to proof of concept and valuation, especially taking into account some of the valuation thoughts DC has shared, if anyone was to make a move, now is the time, just building further on DC’s numbers, you would have to take into consideration, that the Vanadium prospect at Ptombeiras West should is a multiple commodity asset including the Titanium and Iron ore, Therefore by doing the comparison, with Vanadium at 0.9% = $337.50, Titanium dioxide at 10.7% = $214, Iron 53% = $30, Total value per tonne ore $581, Which is equivalent to 14g per tonne gold or 9% copper or 4.42% nickel, those numbers albeit based purely on sample grades at the moment and also with a degree of hypothesis, are the type of numbers that get people knocking on the door, albeit they would not be recognised by your “a typical Aim punter”,......GL S

During this period of relative calm, I am beginning to wonder if there is more to this than meets the eye, we know from previous comments from the board, that they consider Ptombeiras West has the potential to be a tier 1 Vanadium Pentoxide discovery, it just seems odd that we go from these comm’s, to a series of events that starts off in mid January, that drilling is starting imminently and will be concluded by the end of January, to then further updates in early February and the end of February that drilling is still on-going, with the added snippets that the sample grades are 3 x higher than anticipated, along with the other revelation at the end of February that the board are actively seeking JV and acquisition partners for the Vanadium asset and also that they are still drilling, which is circa a full month later than their anticipated completion, if I was a prospective partner for one of the most sought after minerals on the planet, I would probably want to have a period of exclusivity and I would probably want an opportunity to prove concept further, without the added pressure of other interested parties interfering and I would also want to suppress the amount of detail in circulation, The next couple of weeks may turn out to be more interesting than we are expecting and I for one am already expecting quite a lot,.....GL S

Delayed print from yesterday at 3.5p,....GL S

The economics have improved dues to a number of factors, as detailed in the RNS dated January 29th, hence why BH have updated and why you have the variance you have set out below, I would be very surprised if the BFS model does not demonstrate the economics are further enhanced and the metallurgical report due later this month should provide further insight into that, add in the Vanadium and could we potentially be looking at a $1 Billion asset?, I would suggest so and probably why there is such disbelief at our current mkt cap of circa £6m,....GL S

RNS...

https://www.investegate.co.uk/jangada-mines-plc--jan-/rns/117--increase-in-jorc-resource-at-pedra-branca/201901280700062027O/

a good listen and potentially very favourable for Jangada,....GL S

https://www.tfmetalsreport.com/podcast/9233/thursday-conversation-david-jensen

Thanks to DC for the heads up, but interesting to note that Nzuri have had a DRC copper asset taken out for circa $110m by. Chinese consortium, that had very similar economics to Pedra Branca prior to all of the recent news flow, which taking into account the complexities of the DRC jurisdiction, just further demonstrates the value disconnect that exists with Jangada at the moment, without even taking into consideration the Vanadium potential,..bonkers IMHO......GL S

Exceptional and cash position significantly better than I expected and demonstrating very prudent management, along with getting them out early signals IMHO the board have some interesting news to share,.....GL S

Spot on gc, it will certainly make a lot of sense and would significantly alter the capex plan for the main asset, .....GL S

My thanks to CH,....GL S

The next chapter for Palladium as we approach the Pedra Branca BFS.

“Look at the palladium market. There are 28,157 open contracts currently trading. That’s 2,815,700 ounces of palladium the shorts have promised to deliver, and the longs have promised to take delivery. However, in the entire COMEX system there is currently only 42,583 ounces of palladium in storage.”

“What’s this all about? I expect the sixty-six ounces of paper palladium now trading for every actual ounce of physical palladium in storage, ounces of promised metal by banks who don’t mine and so can’t deliver, and speculator longs who aren’t interested in taking delivery of palladium because they have no use for it, is to prevent palladium from soaring to something substantially above the current $1472 it closed at this week.”

“I just noticed this; palladium is now the most expensive of the precious metals, over a $100 an ounce more than gold. And how much would it be if like gold, palladium had only gold’s 6 ounces of paper metal trading for every ounce in storage instead of its current 66? I expect it would be multiples of its current price. Oh, but we can’t have that now can we?”

“What a chart! Look at palladium’s advance since last August. Like mine, most precious metals market commentary focuses on gold and silver asking when the manipulation scheme is going to fail. Maybe the answer to that question isn’t to be found in analyzing gold and silver, but the palladium market.”

https://www.gold-eagle.com/article/craig-hemke’s-surprising-revelation-palladium-market

Spot on B2 a very good update,....GL S

Page 25 and 26 add an interesting twist, what is David Sefton up to and is Aftab part of his team?

hTTp://widecellsgroup.com/docs/WideCellsProspectusfeb2019.pdf

Cheers gc, it is also worth noting at this stage, that the Vanadium potential is excluded completely from the Pedra Branca economic models, if that is indeed qualified as a tier 1 world class find, my earlier thought of a $1B NPV is within reach, albeit as I also mentioned previously, it will not make any difference on Aim, but it will be transformational for any prospective JV and project finance discussions, you can begin to understand why Silverstream recognised the value and upside,.....GL S

As a key element of Pedra Branca, this will now have reached the point where a material uplift in the previous element basket price will have to be accounted for, with all other key elements of Pedra Branca also on an upward curve, it will be interesting to note where the economics stand, especially taking into account the Vanadium asset qualification, could Pedra Branca potentially be heading for an NPV of $1B.....not that it would make any difference on Aim, but I am sure it will make a lot of difference to potential JV and project partners,....GL S

https://www.bloomberg.com/news/articles/2019-02-20/palladium-tops-1-500-as-shortages-ignite-record-breaking-rally

I thought I posted this on Friday evening, but I must have forgot to press post,...lol.

I thought the following update from Brian a couple of weeks ago, provides a great insight into the current position and what we can expect to see in the weeks ahead, a good listen and it bodes well for the weeks ahead,....GL S

hTTps://total-market-solutions.com/2019/01/28/jangada-mines-interview/

With the drill turning and laboratory tests underway in relation to the Vanadium qualification works at Ptombeiras West, Pedra Branca, I sense that todays late interest, is an indicator of what is to come in the very near future, fwiw and imho, conviction buy!......GL S

A miming analysts view....”An Extraordinary situation” never seen before in his 30 plus year career

https://www.youtube.com/watch?v=wR0lfom0jaI

Skyrocketing and Palladium having another good session, all bodes well in the world of PGM,......GL S

https://twitter.com/asipmdirect/status/1096438694507175938?s=21

Dc, it is interesting to note that more SA mining companies are openly acknowledging that this is causing them issues now, it should add an interesting dynamic to the PGM supply challenges this year and perhaps for a few years, it would appear that the micro and macro dynamics for the Pedra Branca economics may we’ll be boosted by this,....GL S

Yep, sold them at 3.5p to an existing shareholder, that already holds circa 10% of the equity, who is also one of the wealthiest self made entrepreneurs in the UK,...lol, what a deal,....GL S

Perhaps this has caught Peel of guard, they are not adverse to being on the short side and they certainly appear to have been smashing the offer since the Shell news broke, ....intriguing,...GL S