Member Info for Bamps21

Hi Tiverton
I've been here a long time, still embarrassed with the high price of my initial investment 13.4p always kept thinking it would be a sound investment one day.
All my investment aims have been realised this year with phenomenal rises in Ggp and ITM, so I'm looking at Jlp as being a bit of a bonus.
The copper revenues in 4 years are going to be astronomical if all these projects realise and the copper price keeps rising.
ATB:))

Hi Kabanga
I can't argue with you if you've been there but the RNS announcements have clearly stated they are producing.
Project Roan announced in August is targeting a new concentrate fascility to be producing early next year and they have been updating The Kabwe fascility to accommodate more concentrate whether that stopped production I don't know but I doubt it.
In the May RNS the Cobalt circuit was commissioned but I don't think they have started production yet, could be they're waiting for Project Roan to kick in.
Project Elephant is due to start production 2022 with that processing fascility due next year.
Any pilot plants should be replaced when these fascilities are up and running.
They're target is still 25,000ton of copper cathode within a 4 year time scale.
ATB:))

Hi Kabanga
The Rns information from last January states they started producing copper in November 2019 and by December 2019 had produced 110 tons of copper cathode plate for export. It also states that Zinc was to start production in Q2 20 and the Cobalt circuit shortly after.
Jlp are using their own and other 3rd party copper concentrate
LC says in his last presentation that copper revenues will substantially exceed the chrome and PGM revenues this financial year.
That plant should be buzzing I've no idea why it should be quiet as you say.
ATB:))

Hi Hopefully
If Byrnecut get the contract they use a

Sandvik DT290i tunnelling drill it's got 2 pneumatic arms, drills about 4.6m length and upto 60mm in dia

ATB:))

Hi Kabanga
There is a lot to take in with this relatively new project but from what I can gather they are sending copper concentrate to Sable by constructing pilot plants by the tailings or using 3rd party plants.
They definitely have been producing zinc and copper, vanadium and lead to come later oh and the Cobalt.
When was it you were last there?

Hi Malva
They can't tell from surveys what's down there only comparing with past experiences.
There are a lot of different downhole instruments, any reading below 1200m will be from these. 12-1400m the surveys become less accurate.
Remember around the 2,000m mark you need experienced guys to work at these depths, downhole instruments aren't cheap.
Breccias can be of differing mineralisation so you can't go by magnetics, there could be quartz, sulphides or iron in amongst them. The only way of knowing is to drill.

Had 084 had 342.2m at 2.0g/t with only 14m at 19g/t
Absolutely phenomenal
The 14m wouldn't have effected the average that much with the enormous length of the drill.
That 19g/t looks like sulphides, breccias wouldn't give that reading.
ATB:))

Hi Flashy500
Hopefully will be in the Rose and Crown on Monday but might have to have 3 separate tables and megaphones:))
What is your local then?
ATB:))

Hi Malva
When you look at the drilling logs the drill lengths were over 2,000m at about 60 degree angle your looking at true depths of around 1,700m below surface at the end of the hole. The gravity and magnetic surveys are accurate to about 1200m, so these surveys would not have picked this up.
After every core is removed downhole instruments can give a better detail of what is there if they are using them. If they have found something new I'm sure they would want all the information they can get there hands on. I've only read about them using hand held devices so I haven't come across any info on what devices they maybe using.
NCM are the best at deep bulk mining so the depth is not the issue.
The issue will be how to mine an adjoining blob and when
ATB:))

Hi Maximus
I worked for a firm of land surveyors/setting out engineers out of Weston s Mare and Cheddar. I was on most sections of the M5 south of Bristol especially the split level bit , but I've been all over the place.
I'm hopeless remembering names :(((

Hi Flashy500
When gold was at its lows copper was booming and that kept miners afloat.
The difference today big gold mines are becoming rarer, copper demand is booming and could outstrip supply.
I can't see either retracing yet.
ATB:))

Hi Malva
As far as I can understand the eastern breccias didn't show up on any of the surveys.
On one of the plans they have question marks on the boundary to the north and west.
This shape has been highlighted by the drilling logs and downhole instruments, more drilling should enhance the knowledge of the boundaries.

ATB:))

That photo on the Investors presentation answered my question about copper units. A chap is standing by a bundle of copper cathodes which I presume is the unit.
Does anyone know if Jlp get the market rate for the cathodes or is it hedged.
There is a follow on process in a rolling mill that turns it on to thin sheet rolls.
If Jlp get the full market rate the annual figures could be mind boggling
25,000t x $7679 = $191m
Surely they can't be getting that figure?

Hi Kabanga
I would prefer to discuss it on the Jlp website after you have seen the last presentations. Not the right place here.
Look forward to it.
ATB:))

Hi Dillon
That's why the price could get to $1100 per ton and any miner people invest in should have copper as one of its products
ATB:))

Hi Gertfrobe
That must have been dreadful digging that out.
How did you know that was your Dad apart from recognising him. Did he have that photo?

There was another spoil heap to the SW on the end of the hills. It must have been a hundred foot up and all around completely circling the tip were terraced houses about 6' from the waste.
I had to survey it before they removed it, I presume they knocked some down.
ATB:))

Hi Glynmo
It's producing now check out today's presentation
ATB:))

After the last couple of months of watching the Institutions flooding into Ggp I would say they haven't really started here yet.
Sprott will be the one to start it off and inclusion into GDX junior index would be phenomenal, maybe next August with a bit of luck.

There's a young geologist on the Ggp board whose put together a you tube video on the geology of Western Australia its very good.
Great news for Jlp he's told me today his Phd is on the Zambian copper fields so he might do one here. He has a following:))
His video link can be found on GGPHELP website.

Another poster came on and said the Kabwe smelter doesn't exist, I don't know what you think of that remark but I referred him to the web site

Hi Kabanga
How do you know that, have you looked on the web site, lot of photos on it
ATB:))

Hi Zoros
I didn't start there till 1971 about 5 years after it happened as a young setting out engineer. A very sad depressing place at that time, the water was gushing out from the bottom of the heap down the steep hill toward the school but had been diverted by the time I got there.
They were moving the coal waste up to the top of the hill with large TS24 scrapers. They had no brakes and put the blade down into the waste to slow it down the steep hill sides.
The waste was red hot.
I was setting out the new contour structures for the new tip.
3-4 months and it rained every day except 2.
So you can see why I'm interested in the waste, there's still a lot in it

Hi Mkumar, shorn
After working on clearing Aberfan tips, it's always been an interest of mine on clearing up **** heaps, JLP fitted this for me. Over 10 years there invested all coming together with clearing up the copper waste of Zambia.
Kabwe dirtiest town in Africa, Zambia falling over themselves for Jlp to clean it up and make money.
Big disappointment when they started in Australia with BHP knocked them back.
They are processors not miners, financially very exciting 2021 coming up.

My hope is teaming up with NCM at Telfer the amount of minerals in the tailings there from the early years of the mine are huge. Might be wishful thinking on my part.
Sorry for Bamping I don't know which way to jump at the moment:))))))