Member Info for bottomsup

Executed the sale of one of the Company's non-core waste assets outside of its large copper tailings for a combined consideration of US$12.3 million

o The consideration has been largely excluded from the FY2025 results under IFRS15 with only US$1.4 million reflected in the results

o Revenue from the contract will be recognised during the current financial period

· Executed the sale of 10Mt of copper bearing material from the Large Waste Project for a consideration of US$6.75 million

o The Group has secured a binding customer contract the revenue of which will be recognised progressively over an estimated period of 18 months from signature as the contracted material is reclaimed

There are certain material judgments that the Directors have made in their assessment of going concern. These include:

· Successful conclusion of funding initiatives to secure the required funding for the Group's projects in Zambia; and

· Successful renewal of the Group's banking facilities. At the year-end the Group had banking facilities of US$17.6 million (H1 FY2025: US$34.5 million) that mature by 31 December 2025 (refer note 10). Management is engaging with lenders to restructure the existing debt portfolio over the next 12 months to improve financial flexibility, reduce refinancing risk and eliminate funding maturity mismatches.

The Group will realise a substantial reduction in bank and metal trade facilities of c. US$58.6 million as part of the Disposal. Management is furthermore actively pursuing funding solutions to support its Zambian strategy and key mining projects in a non-dilutive manner. These initiatives are intended to create a more sustainable capital structure aligned with the Group's medium-term operational and growth objectives.

In the opinion of the Directors, the Group will be in a position to continue to meet its obligations as and when they fall due for the period to30 June 2027.

Sirboring

Out of interest

Why would glencore be interested in doing drilling /partnership on our mine when we are just a small company.

Thought they were out of Zambia after selling Mopani.

Accounts deleted

What a shame.

Question is will his Legal team take action.

Harmproof

Thankyou

Enough said

What Kalan is really saying is

GET A LIFE.

Posting 24/7 on a bulletin board.

I Demand you stop posting or cut down as you are driving posters away!!

It’s not acceptable the amount you post It needs to Stop.

Collect your thought over the morning and post in the afternoon one long post.

Happy Christmas

🥳🎅 🎁

Andy H

Good start share price moving upwards on latest buy

Good buy 3.07

Platinum breakout this year copper turn next year.

All to play for and let’s hope Leon enthusiasm has not got the better of him on Molef potential.

I can see why we might have interest from one of the big boys if these 24,000 hectares will have grades of 2% in multi locations on top of the waste dumps.

Just don’t sell us on the cheap.

Platinum still have our mine what’s it worth to the Chinese.

If Sirboring has misspoken then I will accept an apology. If he refuses to do so and refuses to give me my names and contact details for my lawyers then there is nothing further that I can do. I can draw my own opinion on him which I will not share with the chat room.

Jonny I can remember several years ago two posters were taken to court by directors of a company for their posts on directors.

They were found guilty and compensation was paid which went to a charity and an apology post was put on the forum.

The directors lawyers contacted LSE for the names and addresses of the posters.

Although people think they can hide anonymously behind an avatar they can not .

Also

It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.

Indeed bluebells

best to be conservative on prices.

The jubilee way

Now the bad news is out of the way let’s have the good news on Zambia

This half year

Platinum costs $605

Platinum average $1450

Production 18,000 oz for first half.

Let you do the maths.

Shame they don’t have a rolling vote on directors at the AGM Leon would be collecting his P45

4 ever long

Just wondering on the costs increase how much was reflected in the Roan being shut down for over a month due to power issues in January which has been resolved.

Lots of staff (200)no production

The question is are the directors looking after the interest of the investors by continuing the sale of South Africa.

Nothing wrong in putting up your hands and saying we got it wrong.

Do the right thing

If all of the suspensive conditions of the Disposal are not satisfied or waived by 31 December 2025 then the sale agreement for the Disposal may be terminated by either Jubilee or One Chrome.

One Chrome obviously believes it can make profits in its operations in May before the price went up by $900 dollars an ounce.

Shame they don’t walk away and work the platinum dump .

At today prices Jlp would make $1200 per oz profit on 40,000 oz $48 million Plus copper plus chrome.

With in less than two years one chrome would had paid for it self .

Walk away take the 1 million breakers fee and invest the profits into Zambia.

Share price would double.

Or

Run and invest the $90million into Zambia now to increase production to 25,000 lol

By year 🤔🤔

Harmproof

Where does it say one chrome would get 30% of the South Africa profits.

From my understanding they get none.

The $15 m payment was a upfront payment on conditions been met.

Harmproof

Your figures on platinum our in line with mine.

And expectations on reefs

4everlong

We have several massive resources

The waste dump 240 million tons still waiting on grade results on the 10 million tons sold for $6 .3 million which several million tons have already been processed.

Mopani 110 million waste dump

The 9 pits and 16,000 hectares of exploration licences around the pit.

CB would had been involved with this action.

Do we have a superpit

Project G

Tjate mine

Surprise the Chinese are not interested

Yep not the only one digging into one chrome.🪏

Many companies

Sirboring

You make out in your post the company not producing copper.

Target is for 5000 tons for this financial year and been ramped up for future years.

The delays can be caused by JM wanting to get out first quarter results.

It has already been stated South Africa is providing extra income/profit.

I do agree with some has the company done the right thing on continuing the sell.

They say resources is the new dawn.

Will we see $2,000 oz by next quarter!!

The one benefit is we will be paid earlier.

Wouldn’t surprise me if we receive an offer for the company next year .

Why invest in a company when you can buy the whole company for under $150 million includes sell income of $90 million from South Africa.

I see the shorters are up early today

Harmproof

I had a laugh tonight.

You do talk 💩

I have seen some ridiculous Post but

The below must be in the top ten

I am bit frustrated that Jubileee did not reveal plans where to drill, and coordinates. Disregarding investors again?

lol

Can you not put all your thoughts down in one post.

Results will be out next week

They can still say no if it’s in the interest of investors and pay $1 million but that would upset Leon plans

Of course a company could make an offer