Member Info for Tex2374

Terms are based on the LOI according to the RNS (but could change of course as the deal is not fobalized yet).

An EGM is required for ANY deal to be approved.

Great find Turtlewax! It underlines the close collaboration with the state and more importantly the importance of the project to the local area.

OB - you are a man on a mission :-)

Tex

The fact that JAN have tweeted specifics on the machinery to be used is a fair indication that the contract of supply has been finalised. As has been stated many times, this BOD doesn’t tweet/RNS speculation, it prefers to confirm the facts. Hopefully we will be hearing about other production/trade contracts and discussions in coordination with the release of the DFS.

Tex

More news this week I think. Could be tomorrow.

The JV finalisation is the main play Here. That is the game changer.

From my experience timing is key for these sort of incentives. I assume we will be seeing major news very shortly now which will materially change the company profile and mcap.

Another solid update…. Bring on the DFS!

LOL, Q1 to H1 production change is not a big deal, its not surprising there are delays given the COVID impact in Brazil. I can happily wait for production any time in 2022....

don't under estimate the magnitude of what JAN is looking to achieve here..

Agreed. The lack of timescales on JV is why this is an £8m mcap share and not materially higher.

That said it provides a great entry point for those willing to take a punt.

I think we will have the JV concluded before year end. Just my opinion.

Interesting that JAN has decided the remind everyone on the TML. I hope that they are doing this as more news flow is imminent.

https://twitter.com/jangadamines/status/1419946007605952521?s=21

pure guess work, but I think we will rise into the 40's after signature.

Probably concern that there is still a maniac seller out there.

News flow will shortly create a compelling event for buyers.

These sort of times sort out the weak from the strong longer term investors who understand the value play and see the potential.

I think this is worth a punt. It all hinges on the BoD ability to execute and get the terms finalised. I don’t see any concerns from an EGM and vote perspective.

Clearly if the contract is signed the Mcap will materially rerate to something which reflects the financing which will be pumped into the project.

No idea.. money for summer holidays required ? :-)

Hopefully some news on assays this week will create momentum again.

Combination of Level 2 and dummy buys gives you a reasonable picture of the state of affairs.
Tex

I agree Musk.

Last three transactions are buys, the 10k one was a small one I did earlier @ 23.15. There is a good amount of shares currently available just over 23p.

interim news flow should help maintain some momentum, I assume we will see more positive assays in the coming weeks. Then EGM notification based on terms being finalized.

Hopefully those buying have sticky fingers and aren't looking for a quick trade.

There are currently about 25k more shares available under 22p for those interested...