−858.67 KEUR
149.29 M
About JANGADA MINES PLC ORD GBP0.0004
Sector
Industry
Headquarters
London
Website
Founded
2015
ISIN
GB00BZ11WQ61
FIGI
BBG00ZHZXMM7
Jangada Mines PLC is an holding company, which engages in the exploration and development of PGM mining assets in Brazil. It focuses on its Pedra Branca PGM project located in Northeastern Brazil. The company was founded on June 30, 2015 and is headquartered in London, the United Kingdom.
3p / 3.69p resistance 6p big target / strong catalystsJangada is a great top invesment:
BoD aligned with shareholders holding most of the float
6p warrants due to expiry in October 2020
Have 26% of Volare Metals valued at around $5.5m for Jangada Mines
Valore Metals also own Pedra Branca PGE (great asset) & drilling over summer.
Jangada catalysts:
7
Possible 2.25p retrace entry - 3.81p targetLooks like a 2.25p possible entry for a retrace
2.85p resistance but if broken above 3p then I can see easily a target of 3.81p before it takes a breather...
I no longer hold this stock & sold at small loss. I will evaluate at some point once trend reversal is fully confirmed above 3.81p where it i
Look for double bottom - good signals at moment for reversalWill look for a double bottom to do a bullish divergence before a stronger bounce.
Quite oversold and should start building momentum very soon. news will also help to bring extra sentiment.
some bullish divergences happening bit by bit as buying volume comes.
a few MA's to break on the upside so it
See all ideas
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