Member Info for bottomsup

Well I think you all know my opinion

Replace Leon he has been a liability to the company and share price.

I look forward to his replacemt and new board members aligned to Zambia.

On the presentation Jonny came across being honest in what he said.

Leon away at the moment could we see the signing of the partnerships on the waste dumps as we are now in fourth quarter.

Harmproof yep

no signing after all this time he should step down.

On Molefe you know my thoughts on what we have.

More news is required and could we see bids coming in for Molefe mine or the whole company time will tell.

Been here a 18 months patiently waiting.

For any newbies looking to invest

https://x.com/Jubilee_Metals/status/2036701933247819852/photo/1

The large anomaly on the east side is new and click on the map and you will see a third south of the eastern one.

Harmproof

Is the goal to transition Roan into a purely 'waste-to-value' plant by 2027 to maximize the bottom line?

Answer

Roan is targeted to be an independent, cash-generating processing facility of waste, tailings and previously mined material

Current production is predominantly from purchased ROM material, grading at an average of approximately 1.7% copper for the quarter, slightly above the targeted 1.6% copper

The material is predominantly oxide copper, with more than 85.0% of copper concentrate produced, refined currently to copper cathode at Sable

The project for the addition of a dedicated copper leach circuit at Roan to target the super-fine oxide copper is progressing positively. The project specifically targets the recovery of the exceptionally fine fraction that accounts for the majority of the copper losses.

Edzi

The waste dump has processed over 19,000 trucks if the waste wasn’t profitable then they wouldn’t had processed it.

Only a large multi would have the facilities to process so much.

Think you are clutching loose straws to hope the price drops.

Just about to enjoy my 20 hour trip back to Heathrow from Japan

Just a reminder from the company.

· Phase 2 drilling programme, commencing soon will target the further definition of the eastern extension beyond the current Pit 1 based on the early results from the Phase 1 drilling programme, which confirmed the existence of a significant extended copper mineralisation or in my words VERY LARGE

Junior

Wait till we have the Eastern anomaly in production as well production will go up 2 or 3 times and will the grades be higher.

Exciting times and an opportunity to buy more at these low prices on both.

Both seem to have a seller at these low prices moment!!

I think certain posters are trying to get the price down for re-entry .

I don’t think the market and investors know what we have until the presentation is done.We have two anomalies East and smaller one south .The East reef anomaly is larger than all the pits put together.

But Galileo didn’t just find a new reef they also found a second one going south.

The question is do they have a continues reef going south/East. 10,400 hectares JLP have going in that area.

This is where phase 2 is going on targeting the reefs and the area around it.

What is under the copper ore and how much sulphides depth and width.

We will wait and see.

Some say Roan doesn’t work.

Why process low grade copper when the company can process higher grade at a more profitable price.

The one area may reflect low copper not been produced is the cost of producing has gone up significantly since the start of producing.?? The process may work but is not profitable at these prices.

I stopped believing what Leon says in his Roast .

Jonny the board when recruiting need to find someone with experience to eventually replace Leon .

The trust is lost hence the share price going backwards instead of forwards.

On buy backs when they happen go to premier Milton and buy back their shares as they have been flooding the market for several weeks which we will see in the next update.

The good news to Come with the bad!!

At least we still have $65million for now

Thanks Jonny

We will all look forward to it.

I will continue buying at these low prices as it’s a no brainer where the future lies for copper Jlp and Galileo .

From investor on Galileo

here is a formal response to an Email I sent. It was not marked as Private and Confidential etc so I am comfortable in sharing on that basis.

'Phase 2 Drilling UpdatePhase 2 was officially mobilised in February. However, the rigs were unable to reach the site as scheduled due to poor road and bridge conditions caused by heavy rains. Planning and coordination took place during February and March, with the first well being spudded in March.

Drilling is expected to be completed within approximately 8 weeks, although as is often the case in Zambia, timelines can be uncertain. Drill results and samples will be sent for processing by the Competent Person and independent third-party laboratories. This work is expected to ultimately lead to the publication of a JORC-compliant resource statement.

Jubilee may also release non-independent drill results in the interim, similar to what was done for Phase 1.

It is worth noting that Phase 2 is focused entirely on resource drilling, whereas part of Phase 1 included production drilling. Jubilee remains unusual in the sector as it is already a producing mine without a formal resource statement. Most small-cap mining companies typically secure a JORC resource before commencing commercial production.'

35,,899 is a buy at 3.17

Actually make it $15 million

Indeed yep wrong date December next $25 million from South Africa

Https://galileoresources.com/projects-operations/molefe-copper-project/

Colin has updated Molefe on Galileo website .

Collaboration on future ventures.

Jlp have $11 m in cash with another $25 million coming to them in June.

Hopefully news soon

Preliminary drilling has indicated the presence copper sulphide mineralisation beneath the oxide mineralisation and exploration will continue to define the future potential of the Molefe project.

Https://galileoresources.com/projects-operations/molefe-copper-project/

Great results well done Colin on the drilling results and discovery of a larger anomaly than Molefe mine.

Onwards and upwards in generating cash.

One year younger than me .lol

My investments are all in copper.

It’s a no brainer with shortage of copper over the next 10 years.

Some large buys just gone through.

Seller still around .

Can’t be long🚀

Think you need to read the three tier

Roan is down as a cash cow using local source material.

The company would not be buying stock unless it’s profitable.

What you are saying what’s happened to SA could happen again.

May be you should contact Jonny and ask him the question.

Do post when you get the answer..

He a quick replyer.