RE: Idiot selling16 Jan 2021 11:26
Tiny free float and a small bunch of PIs with 7 figure plus share holdings, this is going to be part and parcel of investing in JAN.
Try to focus on the major milestones of PEA / TRIAL MINING LICENSE / PARTNER / SMALL SCALE PRODUCTION.
I expect all the above in 2021. What will the mcap be at production? Definitely not £10-15m. £30m? £50m? Heading to £100m? Not inconceivable. However, that won’t magically happen unless the BOD start to sell the story and vision to the market, rather than just being reliant on a few PIs doing their PR for them on Twitter.
There will be a major rerate on major milestone news, but currently we are still so under the radar that anyone dumping stock can create huge volatility. That said, I have actually been very pleasantly surprised by the demand over the last week or so.
Sticky patient hands required here! The rewards will come. Like many who have been here for a while, I am hoping to make a decent wedge of long term cash out of this investment.
Tex