Member Info for allthatguff

At least Angus has found Lord Lucan!

I am glad you think think is a great rns, pdub. Good luck.

PI's used as fodder. Disgraceful.

Yes, good news indeed. At least the JLP direct BMR investment will thus be recouped over time, I had written this off in my head.

All buys so far..

Yes, all should be fine, that is why we should get rns by close of play. Confirmation is required.

The rns also says "aggregate purchase price for the Acquisition shall be payable by Jubilee to the Target on 7 January 2019"...sobthis has to clear

SA is 2 hours ahead. Once the Platcro payment clears today we will get news of Platchro ownership of processing plant.

Did dummy sell of 600,000 shares, got a quote. So mm's have a buyer at the moment..

It is going to be an interesting month. I agree, JLP will swallow up all of Kabwe soon, the current situation is messy and the BMR ties embarrassing and potentially harmful. The end game is in play.

Monday's rns is a big deal in my book, final confirmation of major new revenue stream that starts for Platcto chrome ownership and processing.

Unfortunately it comes down to credibility...sorry BringMyR, it does not inspire..

12/08/18..
" As for Alex Borrelli, he seems to have come in for some criticism: getting delisted, handing over Kabwe (not for free, but free in some eyes). So is he quietly coining it? Well, not exactly – I gather he hasn’t taken any pay since the shares were suspended back in February.

More to the point, when he came on board the company was a basket case. Now, despite the delisting, it has assets (the Jubilee shares) and a decent income stream (albeit deferred until Jubilee gets its return). All in all that might not be too bad an end-of-term report. But the biggest prize would be getting the shares relisted.

Let’s see what happens."

This is not popular obviously, but for strategic reasons the Watch should engage with JLP as major co-owner. At the very least gauge what their take is on where BMR is heading. Plus with their voting power Borrelli could be toast. I reckon JLP is far more reasonable than you may think. Talk costs nothing but may lead to surprising benefits..

That presentation is very in intriguing. The targets map, the growth forecast snd the framework agreements (Vedanta, Anglo, ERG).

I had never heard of ERG.. interesting company with diverse global assets..

"Today ERG is the world's largest ferrochrome producer by chrome content and one of the key producers of iron ore and alumina worldwide. Eurasian Resources Group has a portfolio of production assets and development projects on four continents, being one of the major employers in the industry. Globally the Group is represented by over 80.000 employees."

"In the Democratic Republic of Congo ERG mines copper and cobalt and processes the ore at Boss Mining, Frontier and Comide. A number of other development and near-production assets are also located in the DRC.

ERG’s copper smelter, Chambishi Metals PLC, is a major enterprise in Zambia and a world’s leading producer."

"The Company also has a number of development projects in coal,
manganese, bauxite, platinum and fluorspar across the African
continent, embracing the Republic of South Africa, Zimbabwe, Mali and Mozambique."

https://www.erg.kz/en/content/obzor-deyatel-nosti-erg

Jubilee could possibly initiate a number of projects with ERG alone, never mind Vedanta and Anglo, 2 other global giants.

Very exciting times, Jubilee now seem to have that alchemic profitable corporate recipe that can be replicated globally. The news flow this year may surprise many.

Solid foundations have been set by Leon over the last few years. It has not all been plain sailing, but 2019 looks to be a transformational year, the time it all comes together. And it starts off with a bang on 7 January when the new Platcro chrome deal starts generating revenue. The market has totally ignored this. What has impressed me most was the clinical way JLP has swallowed up BMR and Kabwe. Awesome strategic move by JLP, when this revenue gets going the company will have an incredible portfolio. Plus I suspect there may be new strategic partnerships announced in 2019, some big names, possibly? Keep up the good work, Leon.

Here's to a great 2019, cheers all!

We do not know what the starting grade of chrome is, so no.

Good post Penguins, it also easily explains why the sp has come down to where it is.

Zioc has to pay half. Glencore is not known as a charity. Besides, viability not yet confirmed.

Some progress, EPP viability still not known. Can kicked into February. If go ahead, still need finance.

I suspect they will simply rehash last year's 29 Dec rns tomorrow..

The Project Update announcement depends on the completion by ........ZIOC understands that it will be in a position to announce the Project Update by the middle of February.."

Not great :(

plummeting yet again.

Have they actually perfed the right well? Gotta ask the basics with Angus!