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I bet it's coming via Hermes. They'll probably break it en route.
Given the number of issues with the delivery of this stuff I bet most of the regulars on here would have looked the tracker up
Maybe they could RNS the tracking code for the delayed parts and people can track it in real time if they want š
That just underlines my point Seis. My wording was an example . I have no idea where this electrical kit is neither have any of us. All we are interested in is that commissioning is still on track for completion by end of May as stated in last project update.
It's made virtually no difference to the sp of ZPHR. If you start getting info about what the CEO had for dinner people stop taking any notice. I/4 of work done, %/16ths completed ad nauseam.
We were told just under a month ago that there had been a projected 6 week delay on the delivery of these key components so no reason to assume they are already on site.... hopefully soon though.
Leon could do worse that take a lesson from the CEO of Zephyr Energy ZPHR. Following a disastrous blow out on a key oil well drill last year investors have been waiting nervously on redrill results. Today ZPHR put out a nothing RNS saying drill 2/3 of the way to target and on schedule. Result happy shareholders. Leon might think of doing something similar for Roan. I.e . All parts on site assembly on track for completion by end of May. Just a thought
Interesting news from Anglo this morning. Regardless whether they get taken over or not it looks like they plan to divest Amplats and DeBeers. A bit of a kick in the teeth for the ANC government just before elections.
I think it's just a matter of emphasis. When the PGM basket was generating the majority of the earnings it was natural to market Jubilee as a PGM producer first and foremost. Now the PGM basket is weak and they are rapidly expanding into higher margin chrome, it natural to pitch jubilee as a chrome producer with PGM's as a nice by-product.
Nothing wrong with generating some decent PR, we saw what it did to the SP yesterday when it had been drifting down on no news. We have been told that Roan is now fully constructed and just awaiting these delayed electrical components so barring any further delays hopefully we will see news on that front in the coming weeks.
I always thought Inyoni was a PGM recovery plant , where the feed supply consisted of PGMs from which Chrome had been removed. And in fact the more effective the Chrome removal taking place, so the more effective recovery of PGMs. Hence JLP started life recovering Chrome and PGMs from abandoned mine dumps, containing these metals, that nobody knew how to treat.
Also Inyoni I thought was built on the old Hernic PGM recovery site , with an integrated Chrome recovery unit at the start of processing. And in fact Inyoni I believe can handle a mixed grade of feeds.
The fact that Chrome concentrate is currently much more valuable to JLP's bottom line than PGMs, historically the reverse was true , does not mean Inyoni has become a Chrome mine. Both minerals are currently recovered profitably at Inyoni.
Thus can somebody tell myself my assumptions above are totally wrong, and why? Or is JLP using Inyoni for PR purposes whilst the problems at Roan still are not resolved.
Kalan, still peddling the narrative about running out of cash I see!
Based on the charts, as usual. Backed up by copper surge, added another 100,000 today. Around 7.5p.
Still concerned about delivery in regards to Roan, but chrome price holding up., platinum up as well and whatever we're producing in regards to copper is at least getting sold for more, so the delay is important but they shouldn't run out of cash.
Just over 2 weeks to the promissed land we hope.
Yep very impressive NTD. Cāmon Roan and cāmon challenge 50!
With Copper so hot letās have that āRoanās up and runningā RNS! We can then follow suit!
Thanks Mikie
Who can resist a snippet of plant p o r n!
Very simple, but in a nutshell tells you of the technical skill of JLP to design this, the potential and the sheer scale at which these guys are capable of transacting - love it.
Cmon Roan!
"Nice to see that Buttermilk is getting a warm welcome now he only posts positives. ..." As opposed to boiler-room rubbish you mean? Rather, the boiler-room short is closed and the new game is long ... And one comment from Seis is all.... hardly a fanfare ...
"p.s. the graph doesn't show the golden cross - but it is certain to happen, mathematically." No, that's why I wrote "we SHORTLY will see a golden cross ..."
"Funny - I've been reporting on all this for weeks and not a positive comment" ... Maybe because you obfuscated looking for a supposed cheap buy in price instead of being positive and clear about what the chart purports to show, like me? And by the way, the phrase "golden cross" has not come from your keyboard anytime since the end of February..... š
"Meanwhile sp drifting down as predicted early last week, look out for 3.35p to 3.4p top up's if you can get them. GLA." We finished at 7.6p .... as you didn't predict ..... A RISE.... As for the "mistyped" top up prices of 3p .... Oh, the irony of GLA.... You do ask for it.
Did I hear.....CMON ROAN?!!!
Good to see them starting to step up the game a bit in showcasing the business, hopefully there's one to come on Roan before too long.
Https://x.com/jubilee_metals/status/1790014472288931869?s=46&t=mVgZpn0KGRUg-RQaOGChhg
Impressive bit of kit!
Sorry 7.35p to 7.4p - sorry for any heart attacks. lol.
"From a TA perspective, JLP has not only broken out of the top of the downward channel of the last 3 years, which is enormously positive, but as long as the current trend maintains we shortly will see a golden cross of the 50 day moving average price up through the 200 day moving average, another incredibly positive event, technically. When these things are picked up, as they will be by trading programs, we can expect to see some fireworks....."
Funny - I've been reporting on all this for weeks and not a positive comment ? p.s. the graph doesn't show the golden cross - but it is certain to happen, mathematically.
Nice to see that Buttermilk is getting a warm welcome now he only posts positives. It's really lovely isn't it. Meanwhile sp drifting down as predicted early last week, look out for 3.35p to 3.4p top up's if you can get them. GLA.
For once butterballs is right, we are doing fine with all that fine chrome š Platinum back at US$1000 / oz makes a nice difference to the PGM basket too. Yes a few delays in Zambia are meaningless when you look at the bigger picture, against a backdrop of falling supply and increasing demand we are all set to follow the same trajectory as we've seen in South Africa over the next couple of years.
Who cares about little delays here and there. Even Elon is lying all the time. You have to focus on the growth story and vast opportunities presented in Zambia. It is time to buy, not to sell. Even without Roan "upgrade" we are doing fine.
There hasn't been an update in chrome concentrate price for a while due to the Chinese holidays recently but on Saturday they reported US$300-308 / tonne, which is unchanged from the previous update. They are also reporting future cargoes increasing prices by US$5 / tonne so it looks like demand remains strong at the moment.
Nice comparison, although maybe a bit strong on copper revenues, there doesnāt seem to be any account of the sulphide concentrate to cathode split. Then again costs might be considered conservative. Anyway, one step at a time, letās see Roan in production first!