Member Info for dorfan01

Hi Happydays

I am in full agreement with the points you make but the reaction to all the good news by the share price tells a different story.Share holders are not prepared to give Jubilee the benefit of the doubt that the future looks rosy.

Past disappointments weigh on the share price and we need to see an improvement in earnings to win trust back.

Like most of us that post on this site, I believe that the company will prove doubters are dead wrong but we are probably likely to have to wait a little longer than expected.

In the mean time we need better communication from the company to prove to the doubters that they could not be more wrong.

NS thanks for your thoughts .

I live in South Africa and need to look after my sick wife so no chance of attending . The question I would like to put to the BOD is why, when they have noted that lack of trust in the board (which is obviously still occurring with the share price failing to react to OUTSTANDING news) has been caused by bad communication they have not gone out of their way to correct the problem There has been an improvement but it is the 18th October and we still await quarterly results. I reserve my judgement of the improvement in communication until we get a RNS giving the results.

I realize that takes time but it is an important factor in the hopeful recovery of the share price.

They are giving Bushy & others plenty ammunition to expound their cr.. and I am sick of all the green blocks I have to see on my web site

Now $5429

Mickie If true this is really a game changer.Why hardly any share price reaction from the article? I only hope it is not a hoax!

There has as usual been no RNS by the company so I am not get too excited at this stage

No excuses

I will try

Hi Mickey

We have had enough excuses.I have put so many of my family, friends and clients into the share I am feeling so bad in the twilight of my life to have let so many down after years of success n the market.

Make no mistake I am still extremely bullish that the share will recover and prove that we LTH will do well but I am a strong believer in accountability of directors to their share holders and I cannot stand by as Leon tells share holders he is also amazed that the share price is so low. His failure to keep share holders informed of problems beyond their control has most definitely contributed to the lack of trust.Some metal prices have improved , but Jubilee's price has not.

This to me is a lack of trust with the BOD

Yes Shuvlin

But I am prepared to back up my opinion by buying more shares. I think there is a lot to discuss at the AGM but if the company cannot come up with vastly improved profits this year then we the shareholders need to hold the directors accountable

I believe that with the metals Jubilee produces we must have see the bottom of the share plunge.Investors are mainly stupid but not that stupid

Happydays

$5231

Seis Nav

Thank you for continued efforts. We rather need somebody of your capability on the board as I am now wondering what the chairman is doing to improve prospects . He seems to have taken leave of absence

I only hope that the BOD take note of the 15% drop in the share price and give us some good news soon.

I have no idea why they did not give out any figures relating to the previous 3 months. I am one unhappy LTH

Leon needs to learn to under promise and over deliver and not vice versa

Of course the major problem is not the falling PGM prices.It is a failure with communication .In South Africa the share is taking a major hit.Could they not have given at the same time as the results production figures fr the last 3 months with revenue generated. I think everybody is sick of their promises and don't believe anything Leon is promising.

I must believe that the last 3 month figures would have cushioned the fall

Hi Gotreal

Just started to improve in South Africa ,up over 4%. I hope somebody knows something

Hi Mickie

I understand that the low PGM prices are affecting the share price as Seis has repeatedly pointed out but in my view is likely to be bullish for Jubilee as no company will produce PGM'S at a loss.

Jubilee is the lowest cost producer of PGM'S and as production reduces prices have only one way to go UP.

I therefore agree that all we need to do is WAIT for the share price to start it's climb.

Hi Mickie

I emailed a question to the BOD complementing them by getting into chrome in a big way BUT bemoaning the lack of information they put out about the company's the new chrome and copper production figures which I believe is a vital element under pinning the share price. Am I wrong to believe that the lack of information has had a devastating effect on the share price ?

Jonah

Of course you are correct but I am sure that Slater has Leon's phone number. When I was chairman of Merafe we had many business meetings with the Royal Bafokeng Nation who were the majority share holders in the company and who could certainly add advice to board.Because of that situation any price sensitive information was released timorously

While we continue to await news directly from the company the fact that Slater is buying is really great news ,as he must have been updated as to the company's progress to have taken that decision. I expect the same good news to be given to us PI's pretty soon.

I am as frustrated as you are happydays and if we hear nothing next month we the share holders as owners of the company need to express our unhappiness at the AGM.

Basm

You are on the right path with what is a optimist and what is a pessimist but you are going in the wrong direction.

As you grow up you can choose to be an optimist or a pessimist but believe me it is better to be an optimist with doubts than a pessimist. I previously replied to homey that was the difference between him and me. Homey was knowledgeable (unlike bushy whose posts are not worth the paper they are written on) but by nature he is a pessimist and seems to place what has gone wrong with the company above what the company HAS achieved and WILL achieve going forward.He is by nature a pessimist and I am an optimist.

Only time will tell who is correct.