Member Info for bottomsup

Good morning

Molefe mine has been set up as a separate entity to the rest of the Molefe area with 400 hectares with in the mine

This includes the discovery of the eastern reef .

What we don’t know is how far this reef goes in the 400 hectare

But the anomaly is twice the size of the original 9 pits

10,000 per month

60,000 per quarter

Or is it production sent to sable 10,000 tons and the lower grade 5,000 tons added to the 2.3 million ton stock pile for process.

Don’t forget this doesn’t touch the eastern reef which the aim is to bring into production next year

Copper production

Looking at the production rates for Q3 for sable and the increase in production and grade to over 100% increase

Yearly production should increase to 2,200 ton of copper

But the production rate aims for a further increase to 60,000 tons to sable per quarter another 50% increase

3,300 tons of copper per year with out delays ie rain

Is this correct

Highlights

§ Run-of-mine (ROM) deliveries to Sable refinery and refining activities recommenced following the successful expansion of Pit 2 as part of the pre-stripping under the updated mine plan to combine Pits 2 and 3

§ The delivery of high-grade (HG) ROM to the Sable refinery increases to a targeted 6 000tpm for June, stepping up to 8 500tpm by August to reach 10 000tpm by October 2026, which equates to more than a 100% increase in ROM deliveries to Sable

§ Combined mined copper reef is set to reach 60 000t per quarter post completion of the combination of Pits 2 and 3 at an average stripping ratio of 6:1

§ Next development phase will focus on

o on-site ore sorting and processing to support better segregation of HG ore with improved copper recovery and overall project economics; and

o resource definition drilling activities expanding across the greater Molefe district and additional exploration properties

§ A JORC-compliant resource is expected following completion of the Phase 2 drilling programme, currently targeted for Q4 CY2026, subject to the timely receipt of assay results

§ Molefe continues to validate Jubilee's scalable mine-to-metals copper growth strategy for replication across Zambia

Highlights

§ Run-of-mine (ROM) deliveries to Sable refinery and refining activities recommenced following the successful expansion of Pit 2 as part of the pre-stripping under the updated mine plan to combine Pits 2 and 3

§ The delivery of high-grade (HG) ROM to the Sable refinery increases to a targeted 6 000tpm for June, stepping up to 8 500tpm by August to reach 10 000tpm by October 2026, which equates to more than a 100% increase in ROM deliveries to Sable

§ Combined mined copper reef is set to reach 60 000t per quarter post completion of the combination of Pits 2 and 3 at an average stripping ratio of 6:1

§ Next development phase will focus on

o on-site ore sorting and processing to support better segregation of HG ore with improved copper recovery and overall project economics; and

o resource definition drilling activities expanding across the greater Molefe district and additional exploration properties

§ A JORC-compliant resource is expected following completion of the Phase 2 drilling programme, currently targeted for Q4 CY2026, subject to the timely receipt of assay results

§ Molefe continues to validate Jubilee's scalable mine-to-metals copper growth strategy for replication across Zambia

Forest grump / Smelly you don’t have any shares .

You have borrowed the shares but don’t have any rights to vote

Amazing what shorters will say on here

Happyday

Why don’t you get off your back side and email the company and you will receive a email back and if lucky with in 25 minutes. and then you wouldn’t have to make a comment on presentation.🤣

Junior

It’s why I brought 4 million shares in March.

I wanted to gain from both companies

Onwards and very soon upwards.

The question will be will we see investors buying here or JLP or both on Molefe new Eastern reef.

No mention of end of July

We will all have to wait and see.

Next week you can have something positive to talk about.

End of the month beginning July hopefully we will see a joint partnership on the LWD

Costs have gone up since the negotiations started but hopefully with the direction copper is going it will still be a profitable enterprise.

The question I would say we all would like to know is how much copper is in the ground and what grades on the Eastern reef and how far in distance does the reef go and how deep are the sulphides under the reef.

The second question is has the company come across multiple copper zones in the drilling it has done.

Expect the presentation End of the week .

Everlong

You will hear news on the LWD end of the month beginning of July as already stated by Harmproof.

Good morning junior

I would prefer the company to release news of a joint partnership on one of our other assets which the shareholders have been waiting for donkey years.

Copper will be going in one direction and will make Galileo assets more inviting for development and been sold.

With the assets Colin has done a great job in buying them up on the cheap now the time to push for development.

On Molefe we will see the presentation next week which hopefully will have results on the new eastern reef which Galileo owns 23% of production.

Molefe will be a cash cow for Galileo but we won’t see the benefits until 2027.

I think we may be in for some interesting times over the next year.

Molefe presentation next week.(confirmed)

Onwards and upwards

Come on Colin we must have some other news to release for Galileo.

I can see more work going to Galileo way this year but paid rather than a % on the 25,000 hectares JLP own.

I suggest if you have a query email JMk

I had two emails

The information he gave has already been posted by Harmproof and frog.

I asked when the presentation will be given

And Waste dump .

Replied very quickly

Don’t moan just email him

I have voted yes and will ask my wife to do the same.

Thanks Jonny for a quick reply.

A

By end of June LWD

Like everything else we wait.

Good one frog specially with his avatar being smelly on Advfn

Chatmandu

Health and safety the clue is rain.

If the fine copper is producing 25% of the total copper going into roan 140 tons a month then roan full copper production a month is 560 tons

A year over 5,600 tons is this correct!!

Or have I read it wrongly