Member Info for charles432

Before Covid the UK had 2.5m persons on the Welfare, after Covid and there are 5m persons on the Welfare, an Unsustainable situation. But Starmer has caved in to likes of Dianne Abbott etc, he is like Trump or Taco ==== Trump Always Chickens Out ------- Starmer or Saco ==== Starmer Always Chickens Out. Rachel Reeves will have to find cash from somewhere thus;

1) More Taxes

2) Take away peoples savings

3) NHS only to help migrants, illegal and other wise (they do not speak English so more bills for translators etc)

4) Tax the Banks.

I regret to say that LLoyds Bank will no doubt become a target for Tax, it never ends.

Currently Martin Lewis and his Lawyer Mates have jingle jangles every where for claims for Wrong Sold car finance, all aimed at a well run National Bank. I just wish these people would all do a proper Day's Work.

The way the share price of PAF moves one would be under the impression that the Gold Price had dived to $1500 /oz and the Gold recovery plants established by PAF have been struck by an unknown disaster.

It is beyond my comprehension this share price.

With Gold about to consolidate around $3300/oz,

I believe PAF s/p will go through 50p on Tuesday , Good Luck to all.

In my experience over many years PGMs and Chrome tend to rise and fall as two opposing groups , when one is up then the other tends to be down, but a useful profitable combination.

But returns from PGMs and Chrome both are determined largely by efficiency of process. Now for PGMs recovery rates from enhanced PGM concentrate tend to be low about 60%. But I believe Gly/Leach greatly increases the recovery rate for PGMs up to about 67% maybe more.

And I believe a problem for JLP is that the Company does not have the cash to update PGM recovery using Gly/Leach in SA, whilst also utilising Gly/Leach to improve Cu recovery in Zambia. Hence the company is selling up SA and going all out in Zambia. Roan may at last have been modified sufficiently that it can handle a variety of mixed feeds. Historically this problem had to be first overcome in the Inyoni PGM recovery plant in SA.

Well as expected interest rates remain unchanged, thus Lloyds interest income for now remains stable. The BOE dare not rapidly reduce interest rates for fear the Genie of rising inflation will once again get out of the bottle. Thankfully Gordon Brown made the BOE independent of Government.

Starmer having sold out British Fishing Industry to the EU, and British Farming to the USA --- could be easily tempted to sell the UK economy out to rapidly lower interest rates. Starmer will have to oversea a rise in income tax, there is just not enough cash to pay for all his left wing ideas. And borrowing increases the National Debt were ever larger amounts of cash are required to pay just interest charges. There is no indication that the UK needs to face reality, the National Debt needs reduction.

I agree with other posters on this page currently PAF is printing money. I at a rough estimate put profits currently at $1.5 m/day. But I do not know what is the SA government Tax Take, but this should be low as PAF is recovering Gold from low grade ore bodies were it is essential to apply correct recovery applications, which maybe unique to PAF.

I believe the BOD should triple the companies buy back sum to $30m , as well as paying an interim dividend. The company states it works hard to eliminate wastage at all levels of operation. Thus it is time to reward long waiting share holders and to show that the company is serious about joining the FTSE 250.

It is so easy for companies to waste cash on vanity projects, when flush with cash and consequently forget share holder rewards.

The UK is being invaded by Thousands upon Thousands of young (18 -- 24) old Black and Asian males crossing the Channel to enter the UK illegally.

When will Silly, Slippery Starmer wake up and understand he was elected PM of the UK and not Israel. The UK does not need endless Cobra meetings about Israel, the Government needs to stop the crossings as promised in manifesto.

These young males represent a continual threat to young British Women and Girls , ======= enough is enough.

Lloyds is a top world class Bank , but at the current rate of illegal immigration the Bank will one day find itself having to operate within the confines of Islamic Laws.

Recent events show the UK has a two tier Justice system. There are one set of laws for the White population and another far less demanding set of laws for the Black and Asian population.

But Lloyds Bank remains a solid investment with a Progressive Dividend Policy, an Active Share Buy Back scheme and a management Team with a clear policy direction for the future.

For myself viewing World Events for the last year and it has been essential; to have a Gold Share in my portfolio. The Gold Shares with the greatest gearing are the Junior Miners, and PAF was my choice some time ago.

Now one may hold Gold but the Gold Miners give greater rewards due to gearing, and although I could be wrong my choice is PAF.

PAF has come of age with the completion of its recent expansion projects.

PAF has now achieve:

a). Record half year Gold Production of 112000 ozs. H2FY25 .

b). Gold production projected to rise to 280000 ozs./yr by Dec. 2025.

c). Debt reduced by $72m in FY 2025 , and will be totally de-geared during FY 2026.

d). Tennant Mines (Oz) online to produce 50000 ozs. Gold/yr. (another uplift in Gold production).

e). Last advanced Gold Hedge sale will be closed out by 1/07/2025.

f). Cost base for FY 2026 expected to be $1500 per oz Gold produced.

g). Excellent ESG credentials , with Solar Panel Farms established in SA to overcome high cost of electricity and problems associated with Load Shedding.

h). Currently the Gold price has been well above $2800 /.oz for the last four months. Thus PAF is printing money , and the BOD

have recognised that the present share price is well below valuation === Hernce PAF has initiated a Share Buy Back Scheme.

i). Further Expansion prospects may easily occur at the Soweto Cluster in SA, and at Tennant in Oz.

Tennant has 1700 sq.km available for exploration in a well known Gold Field location.

e).

Tatje is so deep that it will never be a stand alone mine. Probably the only reason it remains with JLP after projected SA sale of assets is because nobody else wants it. Also there are possible liabilities attached to its mining licence.

RR spending review is all about future ambitions , it is not reality : and with the Home Office wasting £Billions to house and feed illegal migrants , whilst native Brits gave up their winter fuel allowances for illegals benefit; it is not surprising that Reform is moving ahead.

Reform is the only party to identify that illegal immigration into the UK is the number one concern of UK voters.

But watch, the previous Conservative government sorted out the problems of Gibraltar , now D. Lammy will claim it is all his efforts.

The number one problem for Lloyds Bank is the so called car finance scandal , but I just do not believe that the Bank deliberately raised the interest rates on car finance loans just to enhance its profits. The car dealers negotiated the car finance loans with their Car Purchase Customers, there was never a member of LLoyds Bank sitting in on every Car Fiance Deal arranged by Car Salesmen.

Martin Lewis and his Lawyer mates seek to create problems for Lloyds Bank, with the so called Car Finance Loan Scandal, because they see it as their easiest way to get money without working like the average UK citizen.

The UK is now controlled by lawyers, we have :

1). Endless human rights demands often from the unwanted.

2) Martin Lewis and his ilk always tailgating (for cash) the next financial event.

3) Employment laws for ever changed for the benefit of the employee.

4) Endless unsettled compensation claims.

5) Endless strikes from persons with strong unions.

6) Endless welfare claims the Country can not afford.

7) And so it goers on

Lawyers do not create they live by charging exorbitant fees, that once paid leave the claimant with very little in return.

To outsiders the UK is becoming an investment trap , hence continual exodus from LSE by companies.

( Current Labour policies will not bring growth).

Lloyds Bank to myself remains a solid investment with a progressive Dividend policy , a Share Buy Back scheme and a Management team who have identified the route forward.

Comparing our Politicians to Lloyds Bank management team is the old comparison of " Chalk and Cheese".

We import expensive gas from fracking in the USA ==== result British Industry is saddled with very high energy costs, because UK cost of electricity is based on this expensive gas for electricity generation. But the UK has extensive gas fields in the North sea, drilled and tapped, not in use because the Government will not issue a licence for their use. Where do they come from?

But it gets worse there is gas for fracking under Grangemouth then reaching into the North Sea. There are equally large onshore gas fields available for fracking , the latest find a large field in Lincolnshire.

But no Government thinks these fields must not be fracked as it will cause earth quakes. In reverse fracking in the USA is regarded as safe, and it is totally acceptable to transport gas from USA to UK emitting ever more CO2.

We now live in a Country gone mad, and I remain thankful that Lloyds Bank management are well removed from Government madness.

As I remember events, Sable was purchased in 2019, since when millions of dollars have been ploughed into Sable for very little return.

CB worked in the UK for the Old Coal Board and then moved to Southern Africa where he specialised in Micro Mining Start-ups. But JLP is the only CB venture I think still running. There is considerable Zinc in waste material at Kabwe , and at one stage JLP developed a line for Zinc recovery at Sable. CB at this time had a Micro Zinc Mine possibility near Kabwe. CB's influence on JLP has not always been positive. I refuse to believe that CB is due another £200000 from JLP.

The Long Term agreement for the supply of high grade ROM copper material to Roan is agreed. But no details for agreement. Is it a Toll agreement? A purchase agreement (cash plus shares) ? Or a mixture of above? These agreements have a large influence on profits; ref. Chrome contracts.

By Oct.2025 Munkoyo should be sending Sable 8500 tpm or 212 T Cu/m. This supply is copper oxide based and mostly comes from shallow open pit mining --- not from the millions of tons of previously processed copper sulphide tails , historically purchased by JLP. Open pit mines have to be set out, drilled and designed, a new experience for JLP. Historically JLP was set up to recover metals from Mine Waste Dumps, but now appears to be developing a mining entity.

Tatje, which was a CB dream for an underground high grade Platinum mine was where I became ensnared in JLP. I now know Tatje is too deep to ever become an economic stand alone mine. Share holders need to be told the truth at all times.

But I wish all the very best for the future.

Shuvlin please show some decent manners and do not reduce this page to a slang match with Edzi.

I have endured 20 years of misery with JLP and now observe LC is at last understanding that the company belongs to the Share Holders and not himself, but it is all too late.

I am another one who has had enough.

The Market does not like this long garbled RNS.

The long term agreement for the supply of High Grade Copper Oxide material to Roan has still to be finalised.

What is LC trying to hide with such a long indirect RNS?

Well a delay no problem after Tatje, Power Gen and Cheetah mining etc. I am immune to LC promises . I assume the company still has to finalise its high grade feed for Roan. No doubt this agreement will cost the company cash and the issue of even more shares.

But I have also learnt over the years that LC has no regard for Private share holders; I am still betting on Slater getting control of the company over LC.

The secret of Jubilee mineral resources is that it is a low cost producer recovering metals from waste. There is no future in metal prices rising rapidly because that just brings uneconomic mine production into use, resulting in another metal price collapse. The answer for Jubilee is for LC to make current assets perform and cash accrue to company bottom line ====== no more expansion until; what you have got has been put to work.

Every media outlet is now flooded with adverts about mis-sold car finance, with requests for "Joe Public" to make a claim for wrongful sale of Car Finance. Obviously "Joe Public" has little knowledge about the CAR FINANCE over charge.

Martin Lewis and his lawyer mates are desperately trying to drum up business against British Banks. These people remind myself of the vultures of Africa fighting over a dead carcass.

But Lloyds Bank will never be a carcass for Benefit of Lewis and his mates (Vultures).

Patryk221, yes at times I loose patience. Thus I contacted Hethen Hira at company about Oz progress and I quote reply ======

" Plant construction at TCMG is progressing very well and we expect to commission before the end of the month , ahead of schedule. We are planning to release an operational update shortly after that ".

I am now back to sitting on my fingers.