Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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
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
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.
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.