JAN

Jangada Mines PLC

Basic Resources First-pass screen £13m

260/1000 Overall fit

AI beneficiary 35% 25

Operating leverage 25% 25

Valuation 25% 30

Downside protection 15% 20

First-pass take

Early-stage Brazilian vanadium explorer burning $1.2m annually with only $66k cash. No revenue, going-concern risks, and flagship project on hold pending regulatory approval. Battery metals exposure is energy-transition, not AI-specific.

Flags

loss-makinggoing-concernregulatory-riskcash-constrainedno-valuation-datano-ai-exposuredilution-riskmicro-cap