Member Info for BushyTailed

What a strange post. It's called volatility, you need to be on the right side of it, no matter the direction.

Coincidentally, I've made much more shorting JLP than what I am down here. thanks for funding my HUM habbit though, I couldn't grow my allocation here without mugs like you selling your losses elsewhere.

Hope you took note ofy AAZ and HOC tips over the last couple weeks, Smashed it up

Now you're watching, enjoy the show and learn something ;-9

Up circa 15% each on HOC and AAZ over the last couple of weeks and yet terrible volume. hum has done almost 50% since November and again on no volume, similar story at RSG up over 100% over the same period on no volume.

Similar story across most equities atm, even the most recent outperformers are doing with very little volume.

It's not a good sign, especially following a bank run. Some might say there's a liquidity crunch coming.

4 trades in 2 hours... Deserted marketplace

So a lesson from experience then Jonah?

We need a gap up with Volume bonker.

Feeling less anxious now than when it hit 5p though

Should have taken 16p when I said then instead of ramping then filtering me when it went wrong lol

Should have filtered the rampers Greedy Belly

"Berenberg cuts Jubilee Metals price target to 17 (20) pence - 'buy'

I'll take that for now!

BB"

JLP is overvalued on the basis of the current cash position and forward looking cash flows based on 38k PGM's and 1000 tonnes of copper.

The picture does change considerably if Leon can demonstrate 100 tonnes a month of cobalt though.

The market however, clearly doesn't see it coming this year though that's for sure, so Leon needs to get some cobalt numbers out smartish fashion.

Dorfono is correct.

Lack of industry norm reporting creates nothing but confusion and subterfuge.

Leon needs to confirm grade and throuput at roan as well as Sable costs and cobalt contrate production per tonne of copper processed at Sable.

3 years ago Leon and colon said Glencore had been watching with interest and there's still no cobalt, pitiful copper and huge processing costs.

Add on to that lower pgm prices and pgm production, it's hardly surprising the SP is off.

Leon should have stuck to PGM and SA

However that 1150 tonnes is not cobalt, that's total copper concentrate production. Cobalt is earmarked as being roughly equal to 10% of roan nameplate capacity according to Leon

Craig correct 14 million dollars.

I incorrectly calculated using a 0.26 for the Zambia price.

A lot more expensive that takes Sable working at 12 hours a day to produce 1800 tonnes is 45 million dollars to produce 61 million dollars of revenue

Do the maths people

From the thread you're replying to.

Tell me charttopper, why are you going out of your way to look like a moron?

Just read properly ffs

Aw bless, I'll do it for.

0.16 x 1000 is 160 dollars per MWh hour so you need to now times that by 40 (160 x 40= 6,400 us dollars per hour.

Now how many hours a day is Sable running to produce 150 tonnes of cobalt. Given that it equates to 50% more copper production than ROAN's name plate capacity, let's say it operates for 12 hours a day.

That's now 6,400 USD x 12 or 76,800 USD per day at 365 days per year that's over 28 million USD per year.

SUCK IT

That's what we're doing do you not even know your basic times table?

0.16 x 1000 is....

Drum roll everyone, he's thinking

Do the sum with me using the below sa rates.

0.16 x 1000 is what?

By the sounds of it chart topper, you don't even know how many kWh are in a MWh.

Sable is in Zambia not South Africa though

Course you have...