Member Info for Coldfeet

@Gotreal.

"the seller might have INSISTED on shares because of the almost inevitable capital gain they will bring??"

That maybe the case but, if so, the RNS should have confirmed that but it didn't. If it was the case and JLP forget to advise their existing shareholders that this was specifically requested by the seller then. yet again, JLP communication is at fault.

I also agree that shares have been issued as payment because current cash is tight due to the power supply issues that JLP inferred had been resolved when they hadn't.

It's becoming a comedy of errors so at least we can all just have a laugh about it.

ATB

An excellent update.

SeisNav - my previous power supply query has been squashed completely with crystal clear wording in this RNS.

Will be adding when possible.

ATB.

Hello SeisNav,

Firstly, thanks very much for your posts here, which I always find very useful indeed.

I sometimes find the wordings used by JLP within RNS' confusing. they are getting better.

I agree and as far as I know the power company already have access to power from two dams, with the solar panels to be built. We're aware of the water shortage across Zam and I believe that at least one of the dams is pretty much empty, subject to seasonal rains coming soon.

I'm not too bothered with monthly/quarterly production figures over the next 12m, so long as they keep ticking up slowly as they are now. I'm more focused on Q3 25 (Q1 26 in my language), once the new, much greener power supply is fully functional but thanks for adding to the question list.

ATB.

Hello Dru-SA,

That may be the case with generator back-up, I was referring to the new hydro/solar supply which, as far as I'm aware from the RNS, is expected to be fully operational in around 12 months time.

If I've mis-read the RNS and JLP are running production at 75% full capacity then that would make me a very happy investor, however, if that was the case I don't understand why the FY2025 production guidance for copper is so low.

ATB.

Hello HD43,

Re. "this current quarter". Don't forget the current drought in Zambia and severe curtailment of hydropower. Hopefully rains will arrive next month.

Also, RNS 27/08/24 confirmed "The power will be supplied from an integrated solar power and hydro-storage facility which is expected to be brought into operation over the coming 12 months". So hopefully copper production won't be curtailed by power supply issues and will be all guns blazing by H2 2025, reducing increased OPEX costs as well.

ATB

Where have the posts between 8.21 and 10.55 gone..??

At least you explained the reason for your concern.

If CPX don't know how many units the SA firm will sell they won't know the "overall financial value". The rest of the topics can be covered by wishy-washy corporate jargon.

At the end of the day if you think CPX are breaching statutory regulations then contact them and let them know.

ATB.

That's not a good comparison at all.

If the contractual terms prevent CPX from releasing certain information, my assumption, then there is nothing we can do about it.

ATB

Deadgrateful,

Re. MarkConnor, looks like a Bot talking.

ATB

Hello Kalan,

Not sure but I've heard of AISC from a gold miners perspective. Found this which might help, or maybe not?

https://www.gold.org/about-gold/gold-supply/responsible-gold/all-in-costs

I assume AIC is sustainable and non-sustainable costs.

ATB.

Hello parkez,

Any chance you could hope for a 40 bagger? Unfortunately my average is 4.0p.

ATB

Hello Roger65,

Am with A J Bell, if anyone using this platform has any interest in registering for the retail offer search for NEWACC2 on the Buy/Sell page.

ATB and be lucky.

Morning MMa99,

The only things I can think of that might be of any interest to Tesla is the Conti project and/or graphene.

But that is purely off the top of my head with no research as I see little point wasting any time at this stage, still see no future value for retail investors.

ATB.

Thanks for taking the time emailing the company.

Unfortunately things like JVs, management-based solutions and the dreaded Vulture Capitalists suggest nothing left for shareholders, probably pre-pack administration. Been there before with Axeon and still didn't learn the lesson that AIM is a very dense minefield.

I'm in the same camp as MMa99 unfortunately, a complete right-off.

ATB and GL to everyone.

Edzi/Mikie,

Agreed re. SA staying with JLP, am hoping this comment impacts future chrome margins specifically.

"clear vision to grow organically whilst securing direct ownership of resources"

ATB

MMa99,

I think you are right, CPX need to move on from all litigation and focus on sales rather than waste what little money they have.

Breathed a huge sigh of relief this morning reading the RNS, although it was clearly a rushed one following yesterdays drop of 40%. I thought that all disbursements, as we know it in the UK, would be included but just court fees only and the phrase "does not substantively impact CAP-XX" helps the old ticker.

A very brief trading update looks fairly positive, and would love to see some more info on this Conti project.

ATB.

Sorry but I find it very difficult applying any level of common sense to AIM right now.

ATB

And your evidence that the drop in SP was caused by "some PIs" selling is..?

As a shareholder I would expect an announcement from the company or their reps, and no they are not all based in Oz.

Still no RNS from CPX, quite shocking really.

ATB

MCap now around £2.7m, probably lower by the time the Post Message button is clicked, so looking terminal.

GL all.