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Short to medium term..how investors feel about the story..

Well 3 years of fabrication on the monetisation of Luansobe tells the story. Do you think slapping some lipstick on the pig and deluded happy clapping will change this story, which in the short to medium term is the only story in play.

Hopefully we will get some nice drill results from Molefe soon..JLP CEO set expectations for a week or so more than a week ago. This may lift spirits for next year.

This year though is critical…

What we really need though is some honesty on Luansobe. How can investors not be p..ss.d and disillusioned when when almost 3 years has passed since op license was granted? All we have heard is many options, a lot of interest, but expectations set by the company are not met, and no clarification on plans.

If things have fallen through, can the Company please be honest and clarify how they will finance the growing drilling plans

More rubbish and lies from crisp.. the does not know my holdings or when I bought. Also sp would have been much higher and placing unnecessary if management would have sold one of the ten assets at sub optimal price. We complain because of bad mistakes like his ill judged ramping and so expectations. They have consistently failed to meet expectations they themselves have set, and whinge about investors trying to hold them to account. The co board is weak, overloaded with financiers who play the usual aim game of disdainfully robbing pi’s. For every EUA the aim is littered with junior minors which, through incompetence, lack of sound judgement, or plain playing the pi’s follow a spiral of dilution. This maybe has big potential but is very high risk until an asset is monetised.

We need to monetise an asset this year to mitigate this risk.

That’s true Chrisp and he spin some assets so we avoided a fund raise for several years. Now it seems though that whenever someone mentions disposing of an asset maybe at some sub optimal price to avoid another fund raise you whingeing about moaners. You seem to prefer further dilution which I’d just plain stupid

Thanks Iky…was a potential deal for Kamativi the reason for your hope of a 2+ p SP by mid March or do you have hints on other assets?

..fund raising…

Good prospects on Ferber and Molefe but these are not a free carry and the commitment will more or less gobble up the last fund raise by y/e. It’s obviously a struggle to pull Luandobe together, kash.:tu is mired like starzinc, and kamatigi is ment to be drilled with 4 months of exploration license renewal, which means more expenditure. Kslahari in modelling limbo for now, shingsnda..early days…sooo ..unless iky’s hint rescues who thinks anothrr find raiising is not on the cards

Knowledgeable posters on JLP chat board seem to think Molefe will not be profitable until Q4. GLR will only earn income after historic costs are recovered. No indication has been given on timeline but it is realistic to assume we won’t get income until sometime next year.

Hyped expectations not met, Ubers expelling same old hot air, lightweight Co Board, absentee CEO …?

I would certainly be happy with too that provided the JV didn’t require cash injection from GLR and income was generated before year end.

Addressing only the simplest option…

Good deal on OP sale 30+ million, lousy deal less than 10mllion. 20 to 30 ok and preferable to dilution. Separate deal for intermediate and deeps.

And you WWT

So for Luansobe what would you consider good and what would you consider desperate?

Https://www.aljazeera.com/news/2026/2/25/zimbabwe-imposes-ban-on-exports-of-all-raw-minerals-and-lithium-concentrate

Try some reading lessons.

Jeez you are hard work. The drilling is within the mining licence area. JLP also have an about 20 this area with an exploration license.- this is not part of the current GLR agreement. This is what bottoms up question was

No you are wrong. Check the JLP RNS around the same date. Exploration area outside mine would be subject to a different agreement. This was also highlighted by Leon at the AGM which was reported on the JLP board.

CB was disingenuous by omitting this important detail

The 700k creating a 23% interest only applies to the current mine area and not the larger exploration area. It also does not cover profit made from processing.

You are quoting an article (this is the third repost) from the Oak Bloke who has a declared interest in JLP.

When you say “potential Tier 1” are you referring to the current 1400 hectare mining license or Greater Molefe area?

I sincerely hope not…we don’t have enough money to advance our numerous assets on anything other than geological timescale and our CEO’s attention span is already stretched