Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
Modular approach is their new buzz word in absence of news created from IR.
Competition is extracting copper from waste, why not Jubilee as well? Unfortunately they wasted a lot of money last two years, but maybe 13 M is enough to turn around. Palladium 20% + in a week is helping!
Unfortunately ERG is a private company.
This is a personal thread :))) just to remind me management talk is cheap.
It is great to know: other companies aiming even higher. We already know LC is a talking head (proof: last investor presentation answering questions: Sable Zinc refinery replacement value is worth of multiple hundreds of millions $ - They bought it from Glencore in 2019 for 9.2 mio US$), but it can still be a "good" investment for us punters but only .... will be continued.
Metalkol is a comprehensive hydro-metallurgical facility which has become one of the world's largest producers of cobalt and a large producer of copper.
Metalkol has circularity at the core of its business model. Unlike conventional mining operations which extract primary ore, at Metalkol, the historic copper-cobalt tailings from third-party mining activities are reclaimed and reprocessed.
ERG has expanded production capacity at Metalkol ten-fold in just three years. Metalkol’s capacity to extract around 100,000 mt of copper and more than 24,000 mt of cobalt annually is enough to power over 3.5 million electric vehicles.
The Metalkol operation is helping to improve and decontaminate the local environment and has a carbon footprint substantially lower than most of its peers. The operation is progressively reducing the impact of approximately 30 million tonnes of historical tailings that have been dry-stacked at the dust-emitting Kingamyambo Tailings Dam and approximately 80 million tonnes that were dumped in the Musonoi River valley. These are extracted and reprocessed at the operation’s state-of-the-art plant and are then re-deposited into a modern, centralised and comprehensively managed TSF. It is subject to regular inspections, monitoring and reporting, and is supported by both a dedicated Engineer of Record and an independent testing laboratory.
As usually all RNS from JLP are very opaque. For instance: They own at l e a s t 30% from SPV. Theoretically this could be between 30% and 99%, but they are not going to tell us. JLP is just a black box and LC last interview he already sounded a bit desperate, but maybe he was just overwhelmed because he never thought IRH is buying in. Outside punters are the last to know , but at least they are usually paying a premium SP.
I think it is time to sell the company, we pretend we found the holy grail of copper printing and sell it to some deep pocket company in UAE or China. Sounds familiar dear Jubilee metals investors?
Forget copper in Q! and Q2. All money is coming from chrome and chrome alone.
After all message board activity is slowing down. I guess this is good for SP. Suddenly this is under accumulation.
Froggy, sell and you are good. Of course you can always convince me with a good story why I should not criticize this company.
Looks like everybody is happy. Company stronger than ever, Management more reliable than ever. Only share price does not know about multi -modal- commodity - country strategy. I guess for die hard investors this is not a biggy.
Did I write this does not happen? Management has to factor in delays when they are announcing timelines. Not vice versa.
Well as suspected no information only wishful thinking and lamenting company is undervalued. Cruel market.
Charles I wonder why team Gotreal is not deleting your post, but I really concur what you wrote. This entire company plus marketing efforts on this board are really fishy and I am happy I did not buy back my shares. They could restore a bit of stakeholders confidence with a new CEO, but I doubt there is a quick fix for this company. I did not know about their chrome "trades", but as usual they do an excellent job in hiding things.
Gotreal rubber day today or why do you delete my really important messages all the time? You are the worst enemy for this company. Rethink your marketing approach. Wait! You are short?
Nice discussion here as always to the point. My few cents: First thing to do: cross the bridge "how to produce copper", next step would be how to implement modules etc. Obviously discussing second step is a smart move. Especially if first step is a big question mark. Good luck to South Africa and do your own research.
@bushy I did not know this is an entire SA operation. Makes sense. Uk law does allow such an operation? I am baffled.
Wonderful. This is the best board and company. Please buy as much as you can. Do Your Own Rresearch!
C'mon you can do better gotreal bot!
@Seisnav Is this an example for anecdotal evidence? Is your conclusion Arc Minerals worked out for you, JPL will do the same? Hard fact is they lied about their copper strategy and market finally calling their bluff.
I am not saying they still can succeed, but imho management lost all credit and market will only honor hard facts and not marketing.