Member Info for whl2

It was in Janngada's results yesterday Swingy (copied from RNS. Don't know what it relates to, it's another quisad dead end

21. Related party transactions
During the period the Company entered into the following transactions with related parties.
18 months
ended 31 Year ended
December 30 June
2020 2019
$'000 $'000
Garrison Capital Partners Limited:
Purchases made on Company's behalf and
administrative fees expensed during the
year 95 114
Interest charge included within Company
and Group borrowings 3 4

Brian McMaster:

Rent paid by the Company to Countrywide
Residential Letting, in respect to premises
leased in the name of Brian McMaster
on behalf of; the Group that were made
available at no cost to officers and
staff of the Group. 80 15
Nicholas Von Schirnding:
600 -
Investment in Fodere Titanium Limited
of which Nicolas Von Schirnding is the
Chairman

Lauren McMaster:

Consultancy services - 15

FFA Legal Ltda:

Legal and accountancy services expensed
during year 135 79

Harvest Minerals Limited:

Employment services reimbursed - (104)

Above the blue post message bar on the right hand side - bliss!

Bye smallanus !

Boy, these shorters are getting desperate now. What about the ship blocking the Suez Canal - is that not going to affect our annual production ? Using a pandemic for financial gain - absolutely disgusting and pathetic

Swingy

Can you provide alink for your source re Veloso usage. Be great if it was true, but don't think HMI have RNS'd that.

"Apart from the fact that Agrocerrado said HMI were not prepared to deliver to Parana state my agronomist determined that the product in terms of mineral content was not economically a good choice.

"After HMI and Agrocerrado parted company my farm manager has been unable to get any sensible information about HMI's announcement that they were enlarging their distribution network."

So, after your (allegedly one of Brazil's best) agronomist told you it was not worthwhile buying HMI's product you are now trying to get further information about purchasing - is there a dispute between your farm manager (are they world class ?) and your agronomist ?

Breakeven is now 40,000 tons Swingy giving us 40kt of profit. Not sure profit will be $45 per tonne, profit figure was based on much higher volume of production. Let's assume $40, x40 = $1.6 million or about £1.14 million. On a 10x rating that's £11.4 million market cap or double current share price (5.6 pence) Hoping estimates are exceeded and we sell 100kt, then profit increases to $2.4 million or £1.7 million. Now, let's apply ratings of 10x and 15x and you get a target price of 9p or 13.5p. Here's hoping for double figures by year end.

Are we expecting results on 31st March or will they be delayed a month like the previous results ?

Hsbc do not hold 25.75%, 20% of that is the Edwards family holding - there is no takeover happening. Fertiliser prices rocketing, there's enough business for everyone, not just yp's Verde !

I wish!

Brazil's most populous and wealthiest states are restoring lockdowns after Covid-19 hospitalizations and deaths set new records, trends that could prolong the country's economic contraction through the first half of 2021.

Sao Paulo, Rio de Janeiro, Minas Gerais and other states have imposed two-week lockdowns with restrictions on all non-essential businesses. Mining, construction and agriculture are among the sectors classified as essential, putting the burden of the restrictions on the retail and service sectors.

"We are on the brink of the health system's collapse. Urgent and collective measures are required," Joao Doria, governor of Sao Paulo, Brazil's most economically important state, said yesterday when announcing the lockdown that starts on 6 March.

Brazil's economy shrank by 4.1pc in 2020 because of the pandemic, less than many had projected but still the worst setback on record, according to data released yesterday by the Brazilian statistics institute (IBGE).

Surely that would apply to all companys too. I am sympathetic to your current situation bopd, the administration has made a complete balls up regarding their covid policy. However, to think that it just applies to Harvest is wrong. I think supplys will still reach the farms and we continue to grow. Another possible effect of the lockdown would be an increase in prices of coffee, soya beans, sugarcane etc which would only benefit harvest. I feel the constant bear messages on this thread recently suggests real concern by theposters and we are indeed making good progress.

No 2.5p either - liar !

Gotta get you on the sales team Targa123 !

He's moved on to advfn site

Breakeven is around 40kt sales. 100kt would see 60 kt above breakeven giving a profit between $2 - $3 million, let's say £2 million. Applying a very conservative p/e gives £20 million. A more reasonable 15 p/e gives £30 million. 185 million shares in issue gives either 11p or about 15 p

Sorry, make that a 500% increase in one year ! So his £25,000 purchase of shares in Jan last year is now worth £150,000. HMI will hit 10p this year, hopefully nearer 15p, when the sales approach or exceed 100k this year.

To be precise bopd, it was a share placing. It would not have shown confidence in the company had the directors not taken part in that placing. Yes, he's well down but it's not a loss until you sell. Don't you want your 10p purchase price back bopd ?

Well he does have form !

Jangada Mines plc ("Jangada" or "the Company"), a natural resources company, is pleased to announce that it was notified on 3 February 2020 that Executive Chairman Brian McMaster and Non-Executive Director Luis Azevedo have each purchased 1.4 million ordinary shares in the share capital of the Company ("Ordinary Shares") at a price of 1.8p in an off-market transaction.

Jangada is now 7.6p so that's a 300% rise in just one year. One thing's for sure, when he does buy, I will be next in the queue behind him !

Somebody's not listening to quisad.