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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 .
Why do you think anyone else is interested?
Gotreal small amounts how would you know ?
Its nonsense.
Can you understand percentages I wonder .
Ripley ...they still don't. What small amounts you mess around with are irrelevant to everyone except you.
Nothing to say about your losses on HUM there bluffytailed? Personally I’m still sitting on a nice profit here despite the drop… can you say the same? I doubt it.
Especially if that company rates of dilution from CLN's and warrants.
Absolutely no conflict of interest, when someone is issued equity for debt amid loads of vacuous rampers
Ripley, cause the usual crowd is desperate and hurting... Go and dig out all the EOY 22 price predictions...The average was about 30p with some as high as 60 odd.
It isn't Leon's fault, it's BushyTailed's. LMAO
Some of these clowns are sat here needing a nigh on 4 bag to break even on a company which has reduced it's production and spent all of it's money. Me personally, I've come to be suspicious of those who continually ramp just one stock contrary to the market direction.
Gotreal "NO ONE CARES ABOUT YOUR SILLY TRADES...." When I posted a sale @ 13p within a min of that trade in January.
Not weeks after lol .
Just had a look at this bb after months the crowd seem to be suspicious of Bushy tail .