Member Info for bottomsup

LME Copper

12964.00

1.21%

Harmproof

I take it you are talking about Mopani waste dump of 11 million tons which JLp has signed in 2023 an agreement to process which went pear shape after the new owner was IRH.

It will be interesting to see the new terms on the 260million ton waste dump.

Negotiations was 30:70 split and how much the dump is worth.

Onwards and back upwards to over 5 p while we wait on results

I struggled to get my million had to buy in three stages and place the order on the third attempt 5 times before it was excepted

The last three sells are buys in the 0.78-0.79 range

Takes me to 4 million

The % seller

Check out his company accounts.

DYOR

Iam sure as shareholders including me would be very interested in what’s happening at Molefe mine from any shareholder.

I don’t see you sharing information.

Just made up posts with no substance.

Run along to JLP where you get slated every time you post by shareholders.

Lol your short going the wrong way .

You should do some research before posting drivel

Https://theoakbloke.substack.com/p/1h26-jlp-crowns-its-rain-in-zambia

A. The “Satellite” Pits are likely one giant Ore Body

Currently, Molefe is operated as a series of smaller “test pits” (Pit 5 being the main one). The fact that early drilling results “support the accelerated Phase 1 program” strongly suggests that the copper mineralisation is continuous between these pits.

The Implication: Jubilee will likely merge these small pits into one large-scale open pit. This dramatically lowers mining costs because you aren’t moving equipment between small holes; you’re running a single, high-efficiency industrial operation.

b. Potential for a “Tier 1” Discovery

The phrase “Early indications... already support the accelerated Phase 1” is a massive vote of confidence from the geologists.

The Implication: If the laboratory results (due later in Q4) confirm what they are seeing in the drill cores, it implies the copper grade and volume are better than originally modeled.

Why it matters: This is why they have already started Phase 2 drilling (targeting “virgin areas”). Common sense tells you that you only spend money on Phase 2 before you even have the final lab results for Phase 1 if you are very certain you’ve hit a significant deposit.

Nevertogiveup

I think your avatar should change to Giveup.

some were over two years if I'm not mistaken.

If you DYOR you would know you are wrong.

I suggest you find time to read the full accounts.

Can you stop posting WE as you hold no shares in this company maybe borrowed some on a short

Since the sale

$25 million first instalment $65 million to follow

$14 million non core assets this year

$12 million + profits last 6 months of platinum sales

Minus copper losses and new processing units.

Note the dividend /buyback court grant will come a the same time as the next instalment $15 million.

Phase 1 happy with results

Phase2 and further afield will be interesting.

Looks as if we will receive our full % of the mine.

Good morning frog

Iam confident we will get taken over.

But at not true value on our assets.

Time will tell .

Will be working towards 6 million shares this year.

Shame I didn’t buy more at 2.5p

Kalan

Yet again you post with out do research.

In Zambia, the climate is tropical or sub-tropical depending on altitude, with a hot, humid, and rainy season from mid-November to March and a dry season from April to mid-November.

Jubilee Metals Group (LSE:JLP) delivered a strong operational performance in the first half of FY2026, driven by rising copper output from its Zambian assets despite weather-related disruption and infrastructure challenges. The Roan processing facility achieved its targeted 30,000 tonnes per month feed rate, lifting copper unit production by 172.8% year on year to 1,246 tonnes. Total saleable copper units increased 8.7% to 1,543 tonnes, supported by stable power supply and operational efficiency gains.

At the Molefe Mine, the group mined 181,890 tonnes of copper reef and transported 9,130 tonnes of ore to the Sable Refinery. Jubilee also continued to build strategic stockpiles and advanced a two-phase drilling campaign in partnership with Galileo Resources, aimed at expanding the project’s resource base. Progress was made across the company’s broader three-pillar copper growth strategy, including advancement of the Large Waste Project toward a partnership decision. Jubilee reaffirmed its full-year copper production guidance of 4,500 to 5,100 tonnes and confirmed receipt of a further $10 million linked to the completed disposal of its South African chrome and PGM operations.

While operational momentum in Zambia remains strong, the company’s broader financial profile reflects recent pressure, including weaker revenues, reduced profitability and negative free cash flow.

4p to buy

3.92 to sell

Happyday43

It’s all about the resources for me.

All will be announced soon.

Phase1 drilling results are positive

Phase2 the surrounding areas will be completed for Q4

Look at the bigger picture!!

Interesting times ahead.

I will be adding the rest of this year.

Two companies to choose from on our waste dump.

Wonder which multinational it will be.

All down to the split in % between the two companies.

Will we see a takeover instead in Q4 by then we will also have the results from phase two of drilling.

Excellent all coming together

Shame they were not able to tell us how much profit we made on the last 6 months of platinium production.

I am pleased to support a solid set of numbers from, what is now, our core copper business in Zambia. As expected, the rainy season did impact our activities in various ways during the period, however, we had factored much of this into our forecasts. Operations have since ramped back up and access via previously damaged bridges and roads has also since improved.

Roan's operational performance is particularly pleasing reaching its operational targets on the back of stable power and significantly improved operational efficiencies. Over the next quarter we expect Roan to complete the commissioning of the upgraded Cu concentrate dewatering facility leading to increased deliveries to Sable Refinery.

The Molefe Mine will continue to expand heading back to the 8 500tpm level this quarter.

Exploration drilling at Molefe with our partner Galileo is already showing promising numbers and we look forward to updating the market with results in due course."

I have a small holding of 3 million shares purchased recently.

I like on JLp see several bitter shareholders who moan on everything that’s wrong.

My holding will increase this year depending on news.