Member Info for BushyTailed

I tell you what gotreal...

If there's a placing before the end of the year, you quit posting here... If there isn't a placing, I'll quit posting here.

I think that's pretty fair, don't you?

Average Feb gold price was $2,026

At the low end of guidance and the high end of AISC that's an EBITDA of 86 million a year an EBITDA margin of roughly 25%

Obviously higher production and lower aisc just exponentially multiplies that calculation

Sorry edit...

*JLP only retain 30% of net proceeds from ROAN with regards to IRH waste rock

There's still a cash shortfall because of the Rian expansion Kalan. JLP will need another 20 million by the end of the year.

Ramp up and optimization is twice as expensive as the infrastructural costs of these modules I'm afraid. The company will need perfect conditions of a weakening Rand, and a rise in pgm prices.

Let's not forget that roan sells it's copper to JLP to process at sable, but they only retain 30% of the net proceeds that sable produces. Therefore JLP have to front up 70% of the net proceeds to IRH before they can process it downstream at Sable.

They'll of course be reimbursed for build costs by IRH but how they'll be reimbursed has a serious implications on the balance sheet and cash requirements given the nature of the sales.

All shareholders should concern themselves with getting more information.

Does the reimbursement include ramp up costs or just build costs.

Will the reimbursement be cash or refunded from project net cashflow in advance of any JV earnings split. Obviously if it's the latter then the greater the requirement of cash there is.

And now that we're out of the back end of Feb, we need to be asking if the IRH deal is actually going to happen or not? If it's not then JLP are in serious trouble

I just generally laugh at BillyBoy, he reckons he's an expert because he goes to every single AGM and sits at the back in his trench coat.

Where as in reality, he's absolutely clueless, calls everything wrong then follows those around who called it bang on.

So what do you think a floating price collar is BillyBoy 😂😂👏

Feeling the squeeze are we?

Because I can make money here froggy boy, the only sad fact here is that you never saw how and can't take it.

How you've typed it...

We get the gold price but if the price of gold falls below 2k the we still get 2k...if the price goes above 2150, we only get 2150

Guess who does Siesnev lolz

Edzi, you lose all legitimacy when you can't bring yourself to say well done to someone who did well. That basically means you're an envious and bitter person and quite immature really

Looking at past prices Moneyman is exactly why you've been wrong since 20p. You was still ruling pgm's long after I pointed out the earnings problem and right up until Slater couldn't avoid mentioning it.

JLP are nowhere near doubling their earnings yet and have a more to spend than they have in cash to get there.

I've been right and you've been wrong that's literally all there is to it.. grow up and just say well done and try a find away of recovering some cash...

You'd have made a small fortune here listening to me over the last 3 years but instead you kicked and screamed all the way down.

More fool you matey

There is support at circa 5p as previously stated and there's also RSI bull divergence which is another plus signal..

There's also an established range for resistance, currently 6p there's also been no volume breakout... If 6p comes, take it and RUN

UT's lol

That's old data now Nimrod ..JLP is currently 17 times earnings

RSG finally debt free and accruing cash.

Summit the point I made yesterday is exactly that... Latest numbers have jlp at 17 times earnings. So a trebling of earnings should see us at 15p without any further dilution. If you think a 17 times multiple with no cash or dividends is fair that is.

Anyone noticed that IRH got warrants ss well as part of the deal, sneaky eh?

Go checkout the table of warrants in the interims. Shocking behaviour

Is Siesnev actually telling people they should have sold at 20p

😂😂😂

If only you knew what irony was Dorforno 😂😂😂

Don't tell me.. all those sells below 5p are actually buys from big institutional investors 😂😂😂

You should buy some more froggy 😂😂😂