Member Info for Tex2374

Good news.

Not sure if I posted this here
https://twitter.com/vanadiumcorp/status/1351233756271681542?s=21

Great to see the buying pressure on the dips...There seem to be quite a few on the sidelines waiting to take advantage!

- They need to produce the accounts ASAP.
- They need to file the accounts.
- Then they request suspension to be lifted.
- This is scheduled before the end of Jan.

Can't comment on what happens after month end, probably not worth worrying about this as 1. it is still a week away 2. since shares are suspended, not much can be done about it.

Tex

Morning all, as it’s quiet and the extremists aren’t around, a few rambling from me.

I look at the risk profile of an investment I make from 4 different simple angles.

1. The Concept
2 The plan & market
3 Trust in the BoD
4 A proven ability to execute and deliver.

I find it a very easy way to constantly evaluate the risk profile of an investment (which is ever changing) and balance the positives and negatives.

I love the concept here and it could be game changing for the Industry. I understand the simple plan in terms of proving the concept through the POC, the market focus and customer acquisition strategy is relatively clear etc so no real issues there. This could be big if they get it right.

Faith in the BoD and execution is where it gets a little a little fuzzy for me. Too many ‘holding’ RNS, too much jam tomorrow. So far an inability to really deliver the goods and to be honest too many interviews & too much hype and ramping from the BoD. ‘Ready to Fly’ comments actually concern me more than enthuse me, especially when progress milestones are not being delivered.

This is a high risk , high reward investment. I have a punt here at .37 which I made as a long term investment and will keep it in at the moment. I do have more concerns though than I had pre-Christmas but these could be quickly addressed in the coming week. Yesterdays simple error didn’t help on #3.

AZ has yet again set his stall out this time with January promises so we won’t have long to wait to see if he can give me more faith in the BoD & their execution. I hope the delivery of the things he is promising are completely in his control.

Just my opinions. Like everyone I’m in it to make money here.
Tex

Vanadium price increase continues, another nice graphic I found on demand outstripping supply for the foreseeable future..

https://twitter.com/Tex2374Tex/status/1352507729248718848?s=20

Just read the RNS it’s pretty clear. Then draw your own conclusions if there is further subterfuge

A Standard Listing requires the publication of audited accounts for contiguous periods for continuity and comparison purposes. The publication of the 31 December 2019 accounts, which cover a Statutory accounting period prior to SYME's RTO and Admission to The Standard List in March 2020, are intended to meet this requirement. However, in changing the Company's accounting reference date, SYME is technically in breach of the Disclosure Guidance and Transparency Rules (DTR) regarding the timing of these financial statement announcements.

For this reason, the Company is requesting its shares be temporarily suspended from 7.30am today. The Company will seek a restoration of its listing immediately following publication of its audited Accounts for the year ended 31 December 2019 and Interim Results for the six months ended 30 June 2020, which are both expected before 31 January 2021.

JR which SYME competition do you see in the market waging a war of industrial espionage on the LSE SYME BB?

I agree with Wolf, potential is huge if AZ can prove the concept. This is the only question left, after that it comes down to attracting and on boarding customers and I don’t see problems in that.

Today’s minor setback annoyed me, they should have been notified of the implications of the fiscal year changes, but if they get the financials together and submit in the next couple of days we should be back trading next week.

Unfortunately, AZ has been pretty deficient on the execution pieces, but as I have posted before a lot of the next steps concerning 3rd parties are outside of his control and so I expect timelines to continue to be challenged given the complexity of what he is trying to achieve and the current external environment. I have no idea why he keeps setting aspirational expectations to appease PIs, he should just leave us to stew and then focus on just communicating solid progress!

I have enjoyed reading some of the theories on here., especially the ones around the suspension being planned :-) ....... it’s a bit like those 5G towers and COVID, or Bill Gates now controlling everyone whose been vaccinated :-)

No problem at all. The other point is that we are completely off the radar currently. The company has chosen not to actively tout the potential of the company which means we are sitting on a brink of releasing a transformational PEA with a Mcap of a mere £17m... ludicrously low and if you believe in the BoD and their ability to continue to execute against their plan, then the future potential is material multiples of this.

I will curb my enthusiasm now :-)
Tex

The investor presentation is good if you haven’t looked at it. http://www.jangadamines.com/media/1367/jan-q3-presentation-240920_final.pdf

#JAN has a lot of good info on twitter (but you need to sift a bit), look for DCAT & Swizz extensive research.

Vanadium market Is heading to a deficit as VRFB demand increases for green energy storage.

There is a potentially lucrative pigment grade titanium play and the investor presentation speaks about a phase 2 chemical plant being considered. Plus interesting things happening with Mocidade which are detailed in the 16th Nov RNS.

Then you have the ValOre play :-)

Just my non technical view. There are others on the board with much greater knowledge than me.
Tex

Hi Obstando, welcome the the BB, for Pitombeiras we know that the PEA is scheduled for Q1. Trial mining license hasn”t be specifically mentioned but is the next natural step, this process has been shortened recently and was originally around 3 months in Brazil. Based on these two key milestones being achieved then we would move to some level of small production which I am assuming will be within 2021. There is then the question over a partner which we have speculated could be Largo (based on the decision to take the Canadian standard NI 43-101 resource estimate, the fact jangada changed their fiscal year to the same as Largo, and also the fact we are using GE21 for our PEA who are who Largo have used) .. pure speculation though.

It is an aggressive timeline for small scale production but Jangada have been speaking about fast track to production. Also, we are fully funded up to the PEA. This is from the end of year newsletter.

The next step is the completion of the Preliminary Economic Assessment ("PEA"), which is being undertaken by GE21 Consultoria Mineral and has a targeted release date of Q1 2021. This will be another milestone in our fast-track approach to production and will, we believe, validate the economic viability of the project. As part of this, we are proceeding with additional metallurgical tests concomitant to the drilling programme. Finally, I would like to highlight that Jangada is fully funded to execute the current drilling programme, along with associated project development activities, through to the completion of the PEA.

Come on Jan, give us an RNS (any update will do!) and we will be heading to double digits!

they are waiting and hoping for Friday profit takers.

Agree MFM, if (and it is an if) we ever get some proper PR and media coverage, there will be complete carnage trying to get a position in JAN.

I would be surprised if there are more than 100 PI in this share at the moment..... imagine another 100 turning up on a Monday morning looking for a stake :-) they are going to have to wait till the sticky hands start top slicing!

I was going to follow DCAT with his 20p top slice target, but the way things are lining up I think we could blow through that before we have time to top slice :-)
Tex

Crazy situation..... they are hardly making a market, are they?

Some news would be good now. Must be time for drill results soon! Drilling should be pretty much complete now, based on the 7th Oct RNS :

Accordingly, a follow-on 2,000 metre drilling programme has commenced, with the drill rig and crew now on site mobilising equipment. Drilling will commence at the Pitombeiras North target for a total of 28 shallow drill holes aimed at testing the lateral continuity of the vanadium titanomagnetite mineralisation ('VTM') and improve the actual mineral resource categories. Subsequent to Pitombeiras North, the drilling will be moved to the Pitombeiras South and Goela targets.



The drill holes are planned to have an inclination between 50 to 90 degrees in relation to the surface level with depths ranging from 40m to 60m. The oxide zone will be drilled at an HQ diameter (63.5 mm) and will be reduced to a NQ2 diameter (50.6mm) on the fresh rock interface. The drilling programme will be conducted by Servdrill Perfuração e Sondagem Ltda ('Servdrill'), a company with extensive experience in Brazil, at a rate of 10 hours per day and is scheduled to be completed in ±90 days.

Not sure why there is so much debate here the RNS spells out what is happening.

SYME made an accounting change which put them in breach of DTR and as a result they need to suspend the share while they prepare financials to ensure continuity.... Its a silly mistake and they should have realized this. Hopefully they get the requirement done quickly, submit financials and the share is returned to trading... no conspiracy theories here or spin, just facts'. Personally, I find it concerning that these 'experts' make such a straightforward mistake when they should have expert advice in this area.

"A Standard Listing requires the publication of audited accounts for contiguous periods for continuity and comparison purposes. The publication of the 31 December 2019 accounts, which cover a Statutory accounting period prior to SYME's RTO and Admission to The Standard List in March 2020, are intended to meet this requirement. However, in changing the Company's accounting reference date, SYME is technically in breach of the Disclosure Guidance and Transparency Rules (DTR) regarding the timing of these financial statement announcements.

For this reason, the Company is requesting its shares be temporarily suspended from 7.30am today. The Company will seek a restoration of its listing immediately following publication of its audited Accounts for the year ended 31 December 2019 and Interim Results for the six months ended 30 June 2020, which are both expected before 31 January 2021."

Some interesting data points here.

https://www.google.com/amp/s/seekingalpha.com/amp/article/4396688-vanadium-miners-news-for-month-of-december-2020

The standout one for me is:

Roskill estimates that vanadium demand "for VRFB markets" could rise to 31,000 tons by 2025, amounting to a rise of 3,100% in a decade.

I’m conscious that there may be some new visitors to the BB and new investors. Here is my “simple” list of news flow items. Please feel free to add, correct, etc.

- Pitombeiras extended drill update
- Next update on next steps work on Mocidade.
- Fodere Titanium project update.
- Trial mining license application for Pitombeiras.
- PEA Pitombeiras.
- Major partner, JV, announcement for Pitombeiras?

Then we have continued ValOre updates. Prepare yourselves for a busy few months. .
Tex

How cool is this? VRFB residential energy storage unit. I want one!

https://twitter.com/vsunenergy/status/1351696453786222592?s=21

Zak is talking of 12p potential in the coming weeks

https://twitter.com/sharetalknews/status/1351502689683824640?s=21