Member Info for swizz

They raised what funding they needed to get the BFS completed and the Vanadium asset qualified, which to be fair is very admirable of the board to do so and not the norm for the Aim market, which I believe has put a few noses out of joint in the city, hence why I think you see so much negativity around Jangada at times, the board are fully aligned to shareholders with circa 70% of the equity directly controlled, again not the norm for Aim, you also have high quality non execs taking very modest quantities of equity in lieu of salary, again not the norm for an Aim company,

It is also worth noting that upon completion of the BFS, the funding is very much focussed on capex and project based finance will be the most logical route, rather than equity finance, at every stage of the development pathway, the Jangada board have done everything possible to prevent shareholder dilution, they are hardly going to change that approach just before the finish line, despite how desperate some of the city shysters are for them to do so,....GL S

gc, spot on, it’s been pretty much the story board since the placing year, ....GL S

Agreed, the similarities with Bushveld are not only geological, the economics could enter a truly exceptional level if the Vanadium is proven to be tier 1,....GL S

What was the signal?,...lol,...good to se though,...GL S

apologies correction, 82% during January so far and 121% since beginning of December.

We are now approaching 90 per cent of the free float being traded in January alone and we are now 2 x the free float being traded since the beginning of December, I just hope everyone that has bought checks that their stock has been delivered?,...games indeed!,....GL S.

I sense he wanted to say more than he did, but reading between the lines it smells of city shenanigans, the value disconnect is beyond ridiculous and clearly a bit of patience is needed, but great to hear the news flow will be consistent and shared at every stage, which completely rubbishes some of the bollox in circulation, hopefully the Vanadium will be proven as a Tier 1 asset in its own right, that should certainly get things moving,....GL S

Perhaps they are starting to realise that a few significant positions are being built, it would not be a huge surprise to see one or two TR1’s appear on the radar in the next few weeks,......GL S.

BG, February is very much building to be a month of considerable and material news flow, I sense we will not be hanging around these low levels for much longer imho,....GL S

It will be interesting to see If Silverstream build a strategic position in Jangada, now they have a vested interest in the asset being in production, it is surprising to note that people are not picking up on this,....KEP.

The longer they go, the less relevant it becomes and nothing more than a side show imho,...GL S

DB, a good shout and very probable, added a few more today, to the ever growing stack,.....GL S

DD, it is worth bearing in mind the numbers below are the indicative income per annum, from the 1% royalty, hence why the expression BARGAIN has been utilised,....good stuff,...GL S

Bargain prices,....GL S

"SilverStream has acquired a bargain" following its acquisition of a 1% royalty on @jangadamines Pedra Branca project. Brandon Hill values the royalty to be worth between US$0.8M and US$1M pa and expects this to increase as the project advances further #JAN

and a decent synopsis of the news and where we currently are,...GL S

https://twitter.com/theminingmaven/status/1088043094870761473?s=21

It’s also worth noting, it is just 1 per cent of the smelting royalty!

It is circa £375k per 1 per cent, pre production, so if you spin that out, it is circa 7 x greater than our current mkt cap at present, which just underlines the disconnect in value, so Silverstream pay 7 x plus and they will want a return and they will be supportive imho of the asset reaching production capability,....GL S.

It is also worth noting, that this significant endorsement is not only demonstrating the market value disconnection, it is also Pre Production, I also like Brian’s term “New Partner” we now have someone else who is clearly incentivised for the asset to be in production, which bodes well for the months ahead,...GL S

DD, Thanks for sharing, I sense that will be followed by a RNS at some stage tomorrow, an independent third party asset value indication of that nature, is about as a material event as you can get,...GL S

That is a great point Uin, it is also worth noting that none of the Vanadium potential is currently in the PB economics, it alone could be world class asset in its own right, if the sampling is anything to go by, so I sense a rerate is a good call,...GL S.

There is in excess of $35m of asset research that has been undertaken at Pedra Branca and all of which has underlined a global scale resource group, even prior to the developments we have seen with EV and Energy Storage, the PGM group, along with Nickel and Vanadium being within the most sought after group of elements on the planet, SilverStream investing circa £500k for smelting royalties, just underlines the asset value disconnect that exits with Jangada Mines, ...the next few days, weeks and months are going to be very interesting,...GL S.