Member Info for dorfan01

Heroic Just sell .I agree that management in the past was far too enthusiastic and let shareholders down badly but your post makes little sense as Leon has completed some wonderful deals lately and should be getting credit for what has been accomplished lately. I was Leon's critic for some time but now I say WELL DONE

Sies Nav

It is difficult to believe that the market is so clueless when looking at the figures that Jubilee has just produced.The market is giving Jubilee NO credit for future growth,but when I read Heroics remarks it has hit me that the market is made up of many Heroics so nothing surprises me.As Gotreal says many pants wetters around

With the ANC government we have seen only corruption and devastation,with crime rampant as there is no jobs being created.Their latest moves with Russia .Iran North Korea and Hamas has devastated the JSE with most shares hitting new lows.It is becoming a country which is fast becoming uninvestable. The rand has tanked to over 19.4 to the $ and over 24.4 to the pound.

They have done nothing to help their own people and it is perplexing that they are able to continue getting votes.

Taking that all into account us poor shareholders in Jubilee have little other option than to put our money into a company earning dollars. It is a bull point which I believe South African investors should consider.

Frogs pawn

You know that when covid hit the pa-nickers sold at any cost.I benefited from their stupidity. I honestly believe we have the identical situation here .I make decisions on what I believe not what I read on this site.

I am sure that Mickey Edzi Seis Nav Jlppositive Gotreal & other believers do the same .Only time will tell who is right.

Frogspawn

I will answer your query. It is not as if Leon has not had his successes .To date he has achieved much.BUT if there is a problem with copper production the share price will not improve.

The overwhelming evidence with the deals done, is that this time LTH will be rewarded. Slater and the other institutions are not fools and will not have thrown good money after bad.

The rampers on this site have no evidence that modules will fail to work and for one am relaxed that Jubilee is on it's way to becoming the biggest company in its field.I put my faith in Slater rather than Bushy and his ilk.

Before another share in Jubilee is sold I suggest that shareholders listen to the talk on the above subject which can be found on you tube

Seis

I am convinced that the share will only start moving up on results.The market will only believe money in the bank.

Having said that I am perfectly relaxed that we will rewarded at a later date. Hard to believe that some rampers think that Leon is fooling the institutions and have made the ridiculous assumptions that the S/V with with United Arab Emeritus is still a pipe dream.

Really butter Northern posts are very clear and easy to understand. Jubilee is a company that is virtually re starting a process in Zambia which lets face it did not start too well .We can talk about load shedding and water problems but these setbacks were only the start of a learning process.If you do not believe the company will master it's copper problems you have no business in investing in Jubilee. All I can say is IF (and I believe they WILL ) they do as Leon has promised with producing copper the future looks bright indeed. Your decision is easy MAKE UP YOUR MIND

Best news is that I asked for an update and they seem to have agreed that the update would be beneficial for the share price

Sumo

Never a truer word said but you also left out chrome.

Hard to believe but a reality.I just hope the institutions that invested in the copper story know a good deal more than we do

Happydays

You are likely to be correct but everything has it's place. I happen to believe that keeping your shareholders informed as to what is going on is more important than a mining indaba

Hi Eddie,

It is actually frightening to see how the share is reacting ,falling below the placing price. It would be interesting if somebody could have a chat with Slater as I would think he must be as confused as all of us.

There must be investors out there that don't believe the Jubilee story will ever become a reality. I have heard no bad news since the placing and while I still believe that the company should do well why are people in the know including directors not buying .While still relaxed there is no doubt that the share price is telling a different story.

I will try and contact the company and persuade them to give us a further progress report.

Seis

I agree.

The history of Leon's claims compared to reality is the problem.Those selling do not see the advances made but only see the delays.

They obviously do NOT believe Leon.

I have met Leon and I believe we are at the beginning of a company that is about to show phenomenal growth.

I am not the only person that believes given that institutions like SLATER also believe.

I choose to think that the institutions know quite a bit more than bushy

Shuvlin

I believe they can reduce the tolling and increase production on the more profitable deal they recently went into.

That is what Leon said and that is what I hope they are doing

Seis Nav

I filtered Bushy months ago but if it will help I will unfilter him/her to report .

Please tell me how to unfilter him

Micky

Yes the market did not like the update with the usual delays. At least we got an update which we were promised.

As usual Leon tried to put a favorable spin on the update but I must agree with you I don't believe it effects us as LTH. We always knew we would have to exercise patience, and in the long term Jubilee are leaders in a new industry and I am sure there will be better news around the corner.At this stage I see the biggest problem as the South African government and I fear that no jobs will be created if the ANC remain in power. Unfortunately the future in South Africa rests on many uneducated people seeing the light that the ANC are chasing away the investors. The hope is that they do not form the next government.

Happydays

The South African platinum producers are threatening to close shafts.It is a comfort that Jubilee are still in profit.It is difficult to know whom to believe as to whether PGM's are in surplus or deficit but the longer we have low prices any surplus will soon go into deficit.In the mean time chrome and copper prices are holding up.I can only hope there will be a RNS soon as regards to what is happening.We continue to live in hope

Frog

Thank you for your kind words. I am now too old to even think of coming back but I did suggest to Leon that he should employ my son as financial director (he is both a South African and Australian accountant) who assisted me when I took over the chairmanship of Merafe and is extremely capable. The name would have helped in South Africa and I had no doubt he was an ideal financial director.Of course I got the reply that they would look into it and then SILENCE

Yes Frog

I was chairman of a company that was also fast growing and quickly learned that no news was bad news.We made it our goal to tell shareholders what was happening as it is common sense that if you don't do so the assumption is BAD NEWS.

It is clearly hurting the share price

We still have the same problem with Leon, as with a company which is growing so fast he does not realize that no news equates to bad news. He promised us updates on Roan which has not been forthcoming and likewise if there is no other new copper news available at least tell us chrome and PGM production.Surely he can see that lack of news is hurting the share price. I will try and email the company with what I see is a major problem