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Deadline? Where was the date published?
Still waiting. Another news deadline missed
Get on HUM Scotty.... News of first gold pour at the new 140k ounce gold mine is about to land any day. Debt is melting away with gold at record 50 and 100 dma's and cash getting added rapido style.
Single best value gold play anywhere on London atm and already treble bagged from it's lows with plenty and I mean plenty still to come.
I always have 4-5 high risk high reward plays (usually microcaps) that are looking for a turn-around or a rise from the ashes.
My goal is that 1-2 go BK, 1-2 tread water, and 2-3 are 10 baggers. That math works. Can add wealth.
But my current crop is still waiting for some issue to step up and ramp. Right now JBL does not look like it is going to be one of those good ones. But is gets surprising sometimes, and selling right before a pivotal reversal never feels good. Sadly I have done that too.
7p support for two straight weeks...Will it lead to strength or will it fail???
Daily showing divergence but RSI not yeat oversold.
Copper on a run again today ...up 1.6% @ $8,360.
One needs to look back at the operational track record and share issuance v the traded market size.
If the operational track record is one of achieving milestones and guidance with a low issuance then get out in front and ride the storm. Chances are it'll come good.
On the other hand if they have a track record of bull541t with little to no operational transparency and a shed load of issuance with an overhang then you'd be better off waiting to see how the chips fall.
Everyone has done it at least once Scott.
Leon......News from Zambia is late. Your silence isn't doing the share price any good.
BT: You write - Yes butters we will know eventually one way or another, better to wait for confirmation though before you part with hard earned.
Sorry but I have already parted with some hard earned. It has been a brutal slog down. Just sayin'.
Yes butters we will know eventually one way or another, better to wait for confirmation though before you part with hard earned.
Buttermilk -production of 10,000 tons of copper is perfectly possible and just the start.
If you actually knew the problems encountered in bringing the copper plant into production (water and power problems) which have now being overcome you would know why past production was below target -if June production hits circa 700 tons of copper (as previous a previous RNS indicated ) this will indicate the total yearly production will be in the region of 10,000 Tons -we will know shortly
It puzzles me that the team acknowledge they need to communicate better but still the silence.
A bit of reassurance regarding operations can’t be to better to ask!!!!
It’s important to remember that they have already completed a ramp up to full capacity once, before the water and power problems overtook them. There’s no reason why they shouldn’t be able to do it again. We have been told water and power are now dealt with and the material handling / crushing parts of the plant have been beefed up to make them more robust in production. Until advised otherwise I’ll assume things are progressing as per guidance. Also it depends what’s happening with the front end upgrade. That’s an unknown until they tell us more.
Well they produced 1700 t something in 3 quarters and 1300 t in one quarter might be a challenge.
Management predicted 10k t for this 2023, so why I would worry about their guidance?
Cu currently $8,210 .... and rising.
I use dollars because most commodities are quoted in dollars. Trying to work out exchange rates between rand/ kwatcha / dollars / pounds is a whole level of complexity I don’t need. Feel free to give us your calculations in pounds, I’m sure we would be happy to see them.
Why would I not think they are capable of reaching 3000 tonnes for the year? From 24th April “ Copper guidance remains unchanged at 3 000 tonnes”.
@SeisNav Why do you use US $ and not British Pound in your calculations? What makes you think JLP is capable to up copper production 400% within a year?
Copper recovery off its six-month low is gaining traction
The price of copper is in the process of breaking through its two-month downtrend line at $8,130 per ton as the US House of Representatives approved a bill to raise the debt ceiling.
It will now be sent to the Senate, which is expected to rubber stamp the bill before President Joe Biden can sign it into law ahead of June 5, when the US would be in default.
If the copper price were to close on the daily chart above Tuesday’s $8,185 high, the last reaction high, it could extend its recent gains to the 200-day simple moving average (SMA) at $8,373.
This technical view will remain valid as long as the last reaction low, that is Wednesday’s low at $8,038, underpins on a daily chart closing basis.
Indifferent on whether they do or not, personally I don't think it matters either way.
Are you expecting a serious answer from someone who constantly lies about the company?
@BushyTailed Do you think JLP is going to miss their 3k copper FY target?
Remember the people who was telling you that JLP is "mining without the risk"
They have cost you a fortune
Gotteal was filtered ions ago.
Gotreal Why do you think anyone else is interested in your posts ?
Maybe to go the opposite way .
You must lose loads .