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Some decent buys going through here recently, including £10k and £25k buys on Friday. News soon perhaps.

Makes sense, and some kind a deal with Teck for the neighbouring copper mine has potential to be a gamechanger and significantly upgrade this story. Let's say if they get do Andacollo into production with ~$40m funded by debt as CEO has referred to, that would potentially leave up to $100m CAD raised here entirely extra. At which point you naturally think M&A related? If they are in talks with Teck, having this cash certainly won't do any harm in negotiating position.

I bought some more too, managed to snag some between 30-31p, had to split into a few different orders though as bid all over the place. Well happy with that though. Placing was $C0.55 CAD equivalent to 29.6p, only paid a tad more than that. Also good to see minimal discount and insiders participating. Be interesting to see breakdown of those once it closes.

This slug of cash should enable them to accelerate taking 100% ownership of Andacollo and perhaps get to first pour, by which point people will probably look back on this ripping the plaster off early raise as a masterstroke. Look forward to seeing this story unfold.

Great to see the market starting to notice what we saw some time ago, how we genuinely have all the right ingredients here to be an absolute giant.

With more evidence being unearthed around the historic tungsten mine on our property, the tungsten price continuing to breach all time highs, the US government doing all they can to secure critical minerals supply, having a potentially abundant source on their home turf right here with GWMO, and now as clear a signal as you could get that key Washington players have noticed us, this could quite easily go vertical.

It's true that more you learn about his backstory, the more of an impact this statement has.

His calibre could not be more different from your average low grade Aim director. As we learned when he was appointed CEO, as well as those roles with Tier 1s, he engineered that turnaround for Largo Inc - from near zero to $300m+ profits. In 2 years.

And now he is saying that Jan's 100% owned Molly gold project is the best opportunity he's seen in his career. I think that says it all.

This is a heck of a statement, blimey.

If we recall who it's coming from, we can be in no doubt he's the real deal. An industry veteran with a 40 year career, including senior positions with likes of Vale and Anglo American. Multi billion dollar companies.

I deliberately never engage with this wind up account but got to correct misinformation when it appears.

smalleyus just look at updated presentation:

https://jangadamines.com/site/assets/files/5345/corporate_presentation_11_02_26.pdf

"PEA for 20,000 oz Au pa open pit operation to be H2 2026"

That answers your question. Paranaíta has not gone anywhere, it is still a prime 210k oz gold resource with significant scope to expand, and as PEA will show later in the year, a low capex operation and highly favourable economics in this gold bull market.

Molly is immediate focus now because of the active drilling field work and drilling program. When these assays land, you'll see why.

Nice close here, should smash through 4p Monday

Could be on for a blue finish here, that would really make me laugh, after all best efforts of a couple of nutters getting so utterly excited about what inevitably turns out to be a fleeting dip.

Stable *economy

Colombia an established jurisdiction? You must be joking. That's cartel country. Watch to see who gets elected and their views on mining sector. https://www.npr.org/2026/04/28/nx-s1-5802273/violence-colombia-before-presidential-vote

Wishbone I genuinely cba going into back story there but David Lenigas, enough said.

Brazil is home to Tier1 miners like Anglo American, Vale, Rio Tinto and Glencore. It's a full democracy, with stable uncommonly, mining friendly government who actively incentivize sector (see critical miners deals being struck with US/EU) because they appreciate how much it contributes to GDP. Meanwhile on cost side we get these low AISC because cost of living relatively low, infrastructure in place and the talent to get projects developed. Ideal jurisdiction in every way you care to measure it.

It's actually quite mind boggling. Molly alone has $600m+ worth of gold in the ground. And current program underway looks set to significantly build upon those ounces. Add into the mix the gold price continuing its inevitable journey upwards. If you know what you're looking at, this story sells itself.

Agree with you Medjed.

Having significant and fully JORC compliant qualitied gold is what has always set this apart to me from other micro cap explorers priced much higher, those names based on nothing more than hope. Can add Wishbone to that list too. You look at their boards and they're absolute rampers' playgrounds. It's all completely unsubstantial.

Contrast with here, we have more bears if anything, and people lining up to take shots at the company trying to talk folks out of their shares.

Meanwhile if you consider other companies that have been through the MRE process and have gold. OMI has about 215k oz as it stands today and has a market cap of £80m. If we add 50% of Panietta 210k oz plus 100% owned Molly 130k oz, we literally have more gold than that. Yet we are priced at less than a quarter. I know which stock I see more upside in.

Got my golden tickets, this looks set to absolutely launch.

Thanks AM90 would have missed that newsletter, well worth a read. Got to give them credit, they're definitely being proactive here. They make a decent general investment case for at the end for bigger players to acquire juniors with decent gold assets (such as Landore please buy us).

For the campaign about to start, considering the Lamaune property comes on top of the existing MRE defined stuff, anything they can find there surely has to add value. Especially when they're fully funded to do it.

Kicker is share price action as lacklustre as ever. Suspect we might have one particularly persistent largeish seller wanting out for whatever reason. Makes no sense to me though at this market cap with these assets.

Great day here and with that reference to a new discovery, the upside here really speaks for itself. If they've tapped into a significant gold system as the RNS indicates, this could quite easily go vertical.

The big picture for me is the simple fact that we know the property already has tungsten, thanks to that last field campaign. The grades themselves look good, but we also know we've only scratched the surface.

Where it gets really interesting is real discovery mode the company is now thanks to the fully funded drilling campaign about to commence

Knowing we already have tungsten is important for reducing risk. Yes there are still risks here, same goes for all explorers, anyone looking for a more advanced project can buy into GMET. But that's already valued at £450m. Here we are at ground zero, valued in buttons.

Knowing we have tungsten, now it's just a case of seeing how much of it there is. With the right hits, sky's the limit.

Very nice intraday RNS, new discovery, district scale potential, clear they're going to expand both Molly sites significantly and perhaps merge the lot into one massive resource. Right now we effectively at ground zero and this could go anywhere.

Agree with all that, there's definitely been real step change here since new CEO was appointed. He was fortunate it coincided with after they discovered the first batch of tungsten mineralisation after last field campaign, but at same time have to hand it to him, how proactive the company is now and how rapidly things are now progressing.

Now being in a position to drill for tungsten for the first time thanks to the £3m+ cash on hand and find out just how far that mineralisation goes a real gamechanger.

Agree with your price targets on tungsten side alone, let alone any potential from mill/copper/gold side. With the way the tungsten market is going, and that big push for the US government to secure their supplies, having an asset like this on their home soil is a story that sells itself. Will be very interesting to hear how CEO's Washington visit goes.