Member Info for Coldfeet

Hello Turnpan,

The incumbent was fine, so status quo if Lungu had been re-elected, the new president looks to be even more business orientated so I have no concerns with HH being elected.

The issue is, however, whether there will be a peaceful transfer of power and hopefully there will be.

As far as the Market is concerned political risk is currently very relevant.

ATB

@3CB - Agreed, JLP will never be allowed to clean up Kabwe until the ZamGov/ZMERIP have agreed how to do so in a safe manner with minimal dust. I first invested in JLP based on the Kabwe story, with Tjate as the Elephant in the room. Mind you, I never thought I would be looking at JLP, as they stand now, with the potential for their Copper/Cobalt processing.
ATB

@Frogboy

EMED?

That's going back a bit...

ATB

Hello shuttts,

A bit like Monty Python/Fawlty Towers here if the M word is mentioned.

You've made a good pick with JLP. Good luck with your investment.

JLP must be using pure willpower to excavate Kabwe. Damn that Leon fella is good.

This board used to be such a pleasant place.

@shuttts
Ignore the blah about JLP not being miners and welcome to JLP.
Mines can be surface as well as underground, mining involves excavation (digging) regardless as to what type of mine. Miners excavate (dig) from the surface or they excavate (dig) from underground.
If JLP don't excavate (dig) in some why shape or form then they won't have anything to process and refine.
JLP do excavate (err..dig) and they are a miner.
JLP also use diggers, I mean excavators...but of course they aren't miners, allegedly.
ATB

@Gray1 - Totally agree. The WHI update was extremely poor, looked unprepared and rushed to me but I suspect that a more professional broker note will be released by them soon, otherwise why are JLP using them?

ATB

Excellent progress again by JLP, such a promising growth company with so much more to come over the next 4 years before they even reach the summit of their current projects, let alone any new ones.

Hopefully that delayed broker note from WH Ireland will be out very soon.

ATB

Sorry ClaretJay, looks like you are stuck with your new name :)

https://www.jobs-zambia.com/category/zambia/kabwe/

ATB

Valid questions, especially from Percy.

An open pit at SZ with no surface rights and up to 30 stakeholders was always going to be a challenge for an AIM company and those keeping an eye out on the Zambian Mining Cadastre Portal did a good job. Overall, CB has done his best to eek out some value and time to stop flogging the dead horse and move on.

JLP have been side-stepping Kabwe Zinc/Lead for a while now that SZ has gone down the local community, artisanal route hopefully Kash-itu may be a tie-in with GLR some time in the future.

ATB

I think there's 20 in each row so 100T - 125T of copper cathode in the pic.

A copper cathode sheet 914mm by 914mm weighs 125kg if 12mm thick. Those rectangular sheets look longer than 914mm but maybe shorter in width. About 10 sheets per pallet so maybe a ton per pallet, at least?

Maybe there's just one pallet with mirrors around it..!!

Nice one gshivers, a lot of copper and just for February. I wonder what each pallet weighs.

ATB.

@dore123

I know it's difficult sometimes, been there myself many times, but try to ignore and they tend to go away.

ATB

Just seen Jubilee Metals scroll along the bottom.

Actually made me chuckle..!!

ATB

Hello DORE123,

We have the overall grade of the resource for an in-ground guesstimate but I agree we need to know a lot more info to have a go at a more accurate value.

ATB

Hello dorfan01,

"In-ground" copper value just a little under $7.6bn, using the only grade we have at the moment, and I must stress that is in-ground..!!

ATB.

@sumoskier

Agreed, that would be very nice.

@BOBBINUP

IIs still buying may probably be why WHIreland are still reviewing their forecasts.

I wonder how long they will keep their updated notes from retail investors, over a month so far.

ATB.