Member Info for bottomsup

Who would had thought copper would be up so much

Shame about the share price.

LME Copper

14040.50

1.51%

Up $3,700 on last year average.

Can see this going further in the coming weeks.

Frog the presentation Iam still waiting for a reply.Did you get one

They say they want to improve their communication but don’t reply .

I will wait till Monday before voting.

I think the company should had delayed the EGM until the presentation was done and then let the vote be done.

The share price would be at the correct value for conversion of the loan.

Commodity analysts continue to see upside in copper despite the industrial metal already trading near record highs, anticipating that favourable demand and supply conditions would keep prices elevated in the coming months.

Amongst those making bullish calls on copper is Goldman Sachs, which now sees prices $13,735/ton by the end of this year, more than 10% higher than its previous target of $12,465/ton.

The upgrades were followed by a more generic view from HSBC, which said commodities are set to face a “super-squeeze” due to the closure of the Strait of Hormuz.

Copper prices are currently trading just below $14,000/ton in London, about $500 shy of the record set in January. Year to date, the red metal has risen by 10%, outperforming gold.

Weaker supply outlook

In a note this week, Goldman said its revision stems from a weaker-than-expected supply outlook and tighter market balances outside the US.

Citing disruptions at both the giant Grasberg mine in Indonesia and the Kamoa-Kakula complex in the Democratic Republic of Congo, the bank reduced its global mine supply forecast by a significant 350,000 tons. Neither mines, both affected by major incidents last year, are expected to operate at full capacity until 2028, Goldman wrote.

As you are joined at the hip you can talk to each other on here.Just filter out the shareholders.

Do you both have a short out or just one of you.🥸

Copper revenue increased by 70.5% to US$14.1 million (H1 FY2025 US$8.3 million) driven primarily by a 66.6% increase in realised copper prices and an 8.7% increase in copper production with improved operational performance and a higher proportion of saleable copper units contributing to enhanced revenue conversion and margins.

Smelly you are up earlier today.

Are you both joined at the hip.

You are both repeating what you have said many times.

We got the message.

It doesn’t matter if copper goes to $15,000

Bottom line it does.

The average LME copper price for the period under review was US$10 439/t (H1 FY2025: US$9 193/t) reaching a high of US$13 952/t since the beginning of the 2026 financial year and currently at US$12 045/t

I am very disappointed that the company is not doing the presentation before the vote

Our family holding will be voted on Monday.

We should have had the presentation before making a decision.

Some are voted on you Leon on the poor communication and poor performance you have achieved so far.

🚀🚀

COPPER Price

13,966.00

+147.00+1.06%

LME Copper

13832.00

1.44%

Citi turns bullish on copper with forecast of $15,000 per ton within a year

I also hope we don’t have constant posting by you and Never.

The two of you remind me of other posters on here and Advfn of which one has shorten the stock.

Forest

Junior and loot posts are my own feelings of where this company is going.

Some may listen from my previous post.

You say the company is giving 7.5% shares on the cheap but it says quote

discussions continue for a further US$10 million staggered investment. This offers the unique opportunity to commence copper production through the nearby Sable refinery while simultaneously concluding a detailed resource drilling program.

Staggered investment means they will be paying what the market price will be as they gradually release funds.

Personally I think there is more to this investment than what the company is telling us.

Once the detailed resource drilling programme is complete bye bye if the results are good.

This will enable to release special dividends of $65 million over 4 years around 2p a share.

6 month drilling campaign first.

From Charles Archer (his words, not mine):

“Even beleaguered Jubilee Metals, with which Galileo has a JV - consider the recent strategic RNS.

It secured a $1.5 million unsecured CLN from a super-secret investor with a copper industry background, specifically earmarked for developing the greater Molefe region in Zambia.

The loan carries a below-market interest rate and beyond this initial facility this investor has indicated an appetite for a further $10 million in staggered funding to support licence acquisitions and broader exploration across the Molefe area.

Jubilee does not need money.

Unless something has gone wrong, we’re looking at share buybacks from the sale of the SA assets.

So this mystery investor is here to find more copper and support them in processing it.

The only clue we have is that they:

‘formed part of the team behind the development of Mantos Copper and its subsequent merger with Capstone Copper.’

Mantos Copper was founded in 2015 by funds managed by Orion and Audley Mining, with its leadership team led by John MacKenzie (Executive Chairman & Founder), Giancarlo Bruno (CEO), and John Dyer (CFO).

If Orion is backing Jubilee…

You’re not going to see sub 3p for long.”

Suggest you read this if it is our investor.

https://thehedgefundjournal.com/audley-capital-advisors/

Junior you post my thoughts on both boards.

Onward and upwards.

All we need is an announcement on a joint partnership on one of our assets Galileo owns

Junior is our SeisNav on Galileo

🙂

Junior what a grand job you are doing on here today on Molefe.

I also hold shares in Galileo 4 million as you well know .

I want to be in both companies when the money starts rolling in.

Iam still surprise that some have not clicked The Eastern Reef which is twice the size in anomalies compare to the Molefe mine was discovered after the costings was done to fund Jlp assets by using The sale proceeds from South Africa.

Note we still have $65 million to come to JLP spread over 4 more years.

Do we wait 6 more months to delay putting this new reef through Sable and take production upto 15,500 tons a month

It will take 10months to get the Eastern reef into production..

We don’t know who the investor is but wording is very similar from the RNS to his profile and what his team has done.

We know we need help in targeting the resource on the 24,000 hectares of land we have so far.

We may have discovered other anomalies coming off our land which may be up for sale .

Do we wait and let someone else buy up the land.

Do we walk away from someone who has a team who can help Jlp .

It’s Questions to ask your self

But first let’s see what the presentation brings us

I have said more than once Leon should let some one with mining experience run the company and move a side.

Communication has got worse Jonny the board need to think as a shareholder

What questions would you be asking on each RNS and making sure it’s covered.

Well done forest gump for voting No

Before making a decision surely you want to see the resource update.Drilling results on eastern reef and the presentation on how they going to extract from this new reef and target in doing so.

By next year ramp up from Molefe will hopefully lol hit 15,500 tons a month going to Sable.

Let’s see what’s in the presentation first before voting.

Sorry to disappoint but my retirement is on track.

I have a investment in Cere power

Chatmandu

I got a better suggestion why don’t you F off and leave us shareholders

Yes shareholders you not being one to make our own decisions.

I see you post nowhere else for someone who sold his investment or do you hold several avatars.

We know we need a New CEO May be our New investor has plans to join the board .

Wow Forest gump has voted before the presentation is given on Molefe what a numpty.

I will be voting after the presentation is done.

We seem to have at least 4 posters who are trying to lower the share price.

SeisNav

Doesn’t ramp he gives constructive information.

I do the ramping.

Now I know some companies have been targeted by paid derampers are you one of them Chatmandu the pay no doubt can be exceptional

I can see if this is the investor why he would not want to be disclosed.

Head lines

CEO of mining company invests $1.5 million into Jubilee .

Would send the share price up which Chatmandu wouldn’t want.