Member Info for ActuaryBoi

Shuv what you're saying is that the 5100 tons is from Roan alone? So that's what the min for the Financial year is?

The only positive right now I see happening is keeping Chrome and PGMs to at least deliver some sort of profits and cover costs because at this point copper is 2 years behind.

Even 10,000 seems so far lol. Im hoping the LWP gets signed and the process on that starts asap!!!!

At this point with current copper production, it really makes no sense to sell PGM/Chrome. Chrome has shown decent prices and stable levels these past 3 months. It is profitable and so are PGMs. Just by keeping this side, the SP could more than double but thats another story.

Yes yes, i know, wait for the circular

Was going to say the same Frog.

The fact that Slater also invested at a high SP, given his experience and success, shows that it didnt seem like a bad investment option at the time. Now we all stuck. Btw how do we know Slaters average share price? I read somehwere on this forum it was quite high

Mr Sipp

Im currently 35% down on my investment in JLP.

If I could I would also sell at a loss and reinvest later when it seems more stable.

The problem is I can't now because of how much volume I have stuck in this nut of a share which lead to a big loss.

Im stuck for another year or two until I see some decent progress here unless the PGM side is retained.

This copper update would have been very decent if it was a year ago!

Based on what we gathered after that long RNS on copper a couple months ago, I would assume we'd be producing 8k-9k tons of copper for FY26.

Nonetheless progress is being made, slowly but surley. However, I now find the pgm sale deal even stupider than before. We have so much to gain from keeping this side of the business and can see a very good SP increase if the salw doesn't go through!

4everlong, I wish lol. Even with good news this will go up a bit but i dont think too much. Once we actually start hitting good copper production and reasonable results then we can see good upward momentum over the next couple quarters! Now the market will be more focused on actuals rather than theory or capacity

Im just trying to come up with which exucses Leon and co will come up with when we start missing FY2026 copper guidance in each quarter.

Material, water, electricity, etc. The sky is the limit on potential excuses

4everlong, hahahaha. I should be as specific as possible to what I want when it comes to jubilee. It could turn out the other way as well lol which is definitely not on my appetite right now.

Potential in this company is crazy! We just need to execute. I still would not be here if I didn't believe in the company. I still believe JBL is the one stock that will transform my life over the next 2 or 3 years.

Leon's wish coming true with platinum and palladium tanking today lol

Jeez! Rhodium blastinf through the roof.

If they even try talking down pgms, I'll be irritated by heavy bias involved

It is so so so frustrating considering how much potential this company has.

We've nailed down pgms / chrome and demand for these metals is going up. We crossed the low points in the last 3 years and now we should reap the rewards.

Not to mention if copper takes off with the deficit coming and we start producing numbers as were forecasted.

And if cobalt reaches highs like 2022/2023 we can also produce that.

So much potential, but just not the right management actions

If memory serves, Jubilee has capacity to produce 5,000 tons per annum I belive of Cobalt. That can be a game changer if we start seeing more movement upwards for this commodity. That thing on its own can generate sufficient cash for copper expansion

4everlong, it's like Leon was the ice cream man giving out free ice creams and we all got in his truck lol. Now we're all captives and stockholm syndrome is our only coping mechanism. But hey, we might just get that ice cream promised lol.

I still have hope this stock will be a cracking multiplier within 2 years.

Seis, whenever you're in Cape Town let me know! Will be a pleasure to meet you and take you out for dinner! Will maybe see all of you in London this year for the AGM as I will most likely attend!

I nominate Seis to sit on the BOD. That way we will be millionaires in no time!

As Gray says, we need a projection over the next 3 years of with and without the pgm business.

They should include projections highlighting different basket prices to assess the sensitivities.

As someone has mentioned, the only comfort I still have left is that Slater is in the deep end for Share Price. His man in the Jubilee board, is what gives me hope that he will want to do whatever is best for the share price

I just dont see the point of buying open mine pits when we cant even use the current ones we have to produce anything meaningful yet. Yes circular will clarify it, but still... the pgm chrome side is already well established with little to no capital required and milking profits.

Circular will most likely be out towards end of next week. Really going to have to show some stellar copper numbers to consider influencing individuals to sell off the current pgm/chrome cash cow at these prices.

Im hoping it's concise yet comprehensive, factual, and most importantly unbiased.

Because at this point in time, whatever the buyer is going to pay us over 3 years, we can generate from the pgm business itself in those 3 years. I cannot stress Happydays points enough. Even when copper takes off, we can use the pgm/chrome side to pay dividends. Even if future profits from this side of the business falls, at least it will still be profitable to pay us running income!