Member Info for ActuaryBoi

Also at this point they must just keep a side project to sell Tjate. We dont have time or resources for it, they should find a buyer, and sell it and use the proceeds to buy back these confetti damn shares.

I thought that since the sale was concluded and we received ghe upfront $15 million for the PGM business, we'd nonlonger have access to the ongoing profits from the pgm/chrome business?

I know the sale still has to be finalised and moced through but lets say it moves to the buyer in Jan. All the profits from Sep-Dec (after vote to sell the business) moves retrospectively to the buyer or do we keep that?

Shuvlin, I agree with you there. 15k looks like a dream but could be achieved if they walk the talk. LWP needs to come on asap and so should the processing of low grade material at Sable. I just hope from announcement of these finalisation deals later on, only couple months needed to get the machines in places to start producing.

Although I am happy to see the leaching circuit at Roan "progressing positively ". If we can knock that in time along with SUCCESSFUL Sable expansion Q3, then wowza we ready for some upward swings. Just need to wait a bit

Quite disappointed in the Roan numbers.

I just feel like everything has slowed down so much... or I'm just being impatient now. That being said, I want to ramp up production asap before the copper squeeze hits and copper goes flying. We need to have good production figures to take full advantage of that. Just like current PGM miners are doing

@bottomusp. Extra profit and that will escalate very rapidly as copper forecasted to rise additional 20% or more by 2027, and with potential 10,000+ extra tons from ongoing projects. Not to mention, we have very little debt on the balance sheet now.

A company that can be cash generative with very little debt flies like a rocket when the bucks start coming in. Looking for end of 2025/ beginning 2026 to be the pivot point!

Very decent copper price rise. BoFA prediction targets $11,300 in 2026 and $13,500 in 2027.

Thats all well and good, but by 2027 i hope we are producing at min 15,000 tons. Like Sumo mentioned 5k tons is not going to cut it. We'll be profitable but any substantial share price movement will really depend on production

Anybody know why the price of the share doing well while coal price is at this years lows? And already ex dividend. If coal swings upward, that will be great momentum for tga. Good upswing end of last week on the commodity but all returns reversed this week...

Why the sudden uptick in share price?

Jeez that waa a big trade at the end! Someone getting out, but that also means someone else getting in who sees massive potential. Or even a current big shareholder increasing their share of the pie... which I doubt

Littleeaston... coincidence as I also bought £10k worth more lol.

I'm hoping for a swift coal turnaround as current prices are too low for industry to operate anywhere. Last year Feb saw a similar drop in coal which rebound 30% in a month so hopimg the same due to seasonal movement

Dark_Knight. I'm afraid we spoke too soon!

Hoping that winter will be severe across the northern hemisphere that'll drive up gas demand everywhere and consequently coal. Great entry point though for newer investors but unfortunately I bought a while back so hoping this recovers so I can get out. Just averaged down more today. My price is £5. Which is awful

Hahahhaa!

Definitely not! I'd going into cardiac arrest given how much Im holding here.

*£6.5 - £7 seems like the correct numbers lol.

Dark Knight... my thoughts exactly. Richard bay very low at this time of the year but SP holding quite well. Maybe people aware of good production volume and theyve picked some operational efficiency. Fingers crossed for upward tick in coal. A couple articles (including Kpler) ive read forecast to average USD 125 for rotterdam per ton in Q4 2025. Richard bay should follow suit I hope.

Apparently european traders placing bets and buying huge Dec futures for TTF speculating a 3x price increase as cold expected across asia and europe to be higher than average driving up competition for gas which should be a fuel for coal as well. Just have to wait it out. If we get to USD120 again for coal, this stock should be an easy 6.5-7p

Usually Director buys are seen as a positive. Most investments where a director buys, I've seen the share price double to quadruple the following 1 to 2 years.

Selling is a different story! I'm amazed that people come up with stories that this is desperation. Why would JMK even invest his money in the first place. He's probably had deep pockets from his career anyway... my opinion he's seen the August copper numbers and September also looking good with other decent progress on the side. So I'll be buying more but just need a bit more confirmation. My target is to hold 5 million shares by end of Q1 2026... as long as I'm comfortable that numbers will be strong, consistent and transparent.

JMK is becoming a hero! It's starting to make sense why Slater chose this man for the job.

Just looking at everything, I think we are in stall for a good upward trajectory. I have been as patient as I could ever be with anything. But I need to excercize it for another 12 to 24 months. Im just hoping 12 months from now, I will be sitting in the park where I am now, smiling, drinking a cup of tea in this beautiful weather...knowing I could retire at any point but wont for the fun of it... pure freedom.

#will multiply my holdings in this based on Q1 and Q2 numbers...

Sorry everyone, been away as was settling into a new job.

As for my sentiments, despite what people may say, Jubilee has a very clean business model now. I've seen many investments blow up once they'd settled or tackled down most of their debt. The sale really has provided a breather in terms of debt and I think with low interest costs and good capital efficiency we are ready to take off. It will take some time, probably 10 to 12 months, but when the SP increases it will go up swiftly. Gotreal, I'm in agreement with you. By end of CY 2026, its possible to see the 18p mark or more depending on further modules on the LWP, drilling outcomes/ partnerships etc.

It's given me enough time to liquidate other shares and increase my Jubilee holdings over the next couple months cautiously.

Out of interest the sale has been voted through, but when do the operations eventually move to the buyer. Immediately or at which date?

Not sure what to make of everything yet.

But the tide has certainly shifted on forums once having found out that the debt is going with.

That being said 30% of all shares in favour represented by instituions is basically 60% of instituions in favour of the sale. Other 40% not interested?

Illuvise, couldn't have said it better. Great entry point for new investors, and frustrating day for long term holders!