Member Info for Bluebelly

Just got 25000 at 3.65p

Looking to finish the year under 3.5p???

BB

I agree Shuvlin. I’ve freed up some funds from my Company SIP, they will be invested here. So I’m quite happy to see this drop short term. It’s only a loss if you sell. There’s no reason this cannot ten bag from these level's. With the right commodity prices for chrome, copper & PGM’s. Followed by good news from Zambia, success in the Waste Rock Project etc. We need the perfect storm, but 10p would be life changing now, due to the opportunities we’ve had to buy at these levels.

BB

Shuvlin ‘ Apparantly he is retaining his own shareholding in JLP but aiming to sell in the high single figures!’

Surely that makes JLP a strong buy. 100%+ increase expected.

BB

'The two countries are fast-tracking energy projects but energy security is not projected at least for a few more years'.

BB

More to do with the loss of trust in the board and their statements(AGAIN).

I won't be selling at these prices, rightly or wrongly.

The rain will come, the grid will be sorted, until next year when they should have a back-up supply in place???

See you all in January 25 (Those that remain)- Happy Christmas!

BB

How much copper have we lost?

£30m+ gone from the market cap, £60m+ from our recent high @ 6.7p.

BB

From 3/10/24 RNS -Audited Results:

'Looking forward to FY2025

· Chrome concentrate production guidance is 1.65 million tonnes (6.6% increase year-on-year), and 6E PGM production guidance is 36 000oz (similar year-on-year).

· Copper units production guidance of between 5 850 tonnes (71.0% year-on-year production increase) and 7 500 (119.2% year-on-year production increase) tonnes.'

It's won't have a massive impact on production figures, but it won't stop the SP fall either.

BB

Any news over Christmas may go unnoticed by many.

Lets have a quarterly update in Jan 25 that can show we have turned a corner, maybe a positive IRH statement could be included.

BB

Roan will have been trialing the waste rock in Nov. Not sure how much the feed rate would be affected and what quality the output will be and if it can be processed in the same method currently used?

A lot of questions to answer, but good news from the trial would be another catalyst to boost the SP.

BB

High volume so far.

Is this the reversal?

BB

I guess they'll buy back in when the production numbers come through in 12-18 months and the price is 3 times higher. The reverse will then happen from a higher level and we'll ride the wave to new highs. Thank you, the experts & finanacial whiz kids for this opportunity.

BB

Just as we achieve a new low.

It's not been lower since 5th Aug 20.

I did top up yesterday (payday), so it's probably my fault again!

One day Rodney!

BB

Let's hope they have stockpiled loads of PGM rich tailing in preparation to ramp PGM production. That could add $5-10m (dependant on basket price) in profits with out any change in copper or chrome production levels. The spring is being wound tighter, every day that we stay at this SP.

BB

LC total shares option 23m for 2023, total for 2024 is 39.5m. The strike price @ 1p have increased from 7m to 23.5m.

About 40m shares with a strike price of 1p generating about £400k. pg 102 of report.

69m @1p in total, 117m between 1-8p. pg 142 of report.

Definitely worth asking about these at the AGM.

BB

Can you expand please Frogkid, on what you believe to be cobblers?

I believe a lot of invested money is being removed from the markets, not just JLP. Some people are fearful of the upcoming budget, others are maybe expecting a crash, due to a strike on Iran by Israel & further escalation. Some are witnessing major loses here in JLP and are taking what remains of the table, a bird in the hand etc.

All this is creating an ultra low SP and at some point the reverse must occur with possibly an ultra high bounce!!

My JLP ISA holding is 39% down and max'd out, so, his year I have put money in a share account to buy JLP due to the price, currently 11% down.I plan on selling enough on 5/4/25 to avoid CGT (£3k) & a further sell on 6/4/25 avoiding exceeding the CGT limit for 25/26. Then transfer the cash into an ISA on 6/4/25 & repurchase JLP.

2027 could be the year unles the market becomes forward looking and starts to trust CEO.

BB

AGM incoming.

You'll be able to ask those questions then, Heroric!

BB

'Jubilee, a diversified metals producer with operations in South Africa and Zambia, announces that it will be hosting an investor presentation covering its audited financial results for the year ended 30 June 2024 on Wednesday 9 October 2024 at 10:00 am'.

Might be worth an hour of our time?

BB

A swift million shares sold at the close in the last 5 trades!

Maybe that's it, but I doubt.

Sold my other share today, to buy here, buying @4.58p seems like a win win situation.

BB

' Project G will ramp up over a 6 month period to reach 3 000 tonnes per month of pre-concentrate material through a Jubilee on-site module, and delivery of an additional 350 copper units per month (4 200 per annum) to Sable for further refining.'

'The project plan for Project G targets to expand the existing open-pit operations to achieve an initial mining rate of 10 000 tonnes per month by February 2025. Project G includes an on-site upgrading facility capable of pre-concentrating the mined ROM material with an immediate capacity to produce 3 000 tonnes of copper concentrate per month, containing 10% to 15% copper.'

So 10,00t/m ROM gets processed on site to produce a 10-15% concentrate that will be transported to sable to produce 350 copper unit/m. Are these copper units the 'Copper cathode' that Sable produces (14,000t/yr capacity). 4200t/yr/65% increase when ramped up for an outlay of $2.5m.

BB