Member Info for dorfan01

Thanks happydays I will take your advice but I prefer whisky.

Also I am upset that Bushy and his ilk are cluttering my web page with green blocks

Happy days

Of course I agree with you BUT in past few days we have seen shares like Anglo Platinum,Impala, and Sibanye improve by over 15 % as platinum screams UP but Jubilee the cheapest producer of PGM'S has gone nowhere WHY ?

Because the directors are not keeping the market informed,of what wonderful growth share holders can expect,empathizing what we the LTH are saying.I don't believe at this stage of the company's development which is moving so fast it is necessary for us to wait for 1st Quarter figures.

Yes if we were told truth when the company was struggling with load shedding and water problems in Zambia waiting for 3 monthly figures would be OK but that issue is causing so much distrust I believe the directors should be going out their way to tell the market exactly what is happening on a monthly basis. Of course they may not care about the share price at this stage but that goes against everything I believe in.

I posted previously that woeful communication is the only factor affecting the extremely low share price and will be extremely upset if the matter is not brought up at the AGM.

From the moment the board stayed silent about the troubles they had experienced from load shedding and water, the share price has been on a continues slide. TRUST needs to be regained.

YES we have heard of a wonderful new deal with the new J/V in respect of chrome which should have seen a boost in the share price and likewise the update in copper production should have helped to stabilize the price but until trust is restored, it appears that nothing will help until results are published showing growth in both revenues and profits.

Which brings me to my main message.

It is useless to try and argue with the likes of bushy or butter who have history on their side and fail to understand that the mistakes of the past will soon be a distant memory as the company continues to grow.

My appeal to the present board is that until trust has been restored they should go out of their way to tell us too much rather than too little

Happydays

I hope you are right but would not bet on a dramatic increase in the share price on any announcement except proof that profits are growing.

The frightened investors do not trust announcements from the company.

I am resigned to wait for profit announcements and perhaps a maiden dividend in 2025

The announced chrome deal should have sent the share price soaring with an improvement of profits easy to see,and yet some investors are blind to the new growth stream coming from chrome .

The saying " There is none so blind then those that will not see" is clearly correct

Happydays

Yes I agree but it is frustrating that so called investors don't see the correct picture and rather read bushy's rubbish. I hope I live long enough to see Jubilee grow into a massive company (which it will )and make all the pain we are now taking a distant memory.

Caveman I could not agree more my site has s o many green boxes it is taking lots of my space.

Not a share has traded in South Africa while the London trading is likewise pitiful. Everybody is waiting for results.

I only hope that what ever comes first (the quarterlies or last years figures) new production figures are disclosed so that the accountants among st us can do a more accurate spread sheet of expected profits. I certainly believe they will surprise to the upside and finally the green boxes will disappear .

I see LSE price did not follow JSE up but JSE has now followed LSE down.

On a day PGM'S are running and copper is up.

The only explanation is some investors are wary of the messages the company is putting out,and Leon will have to show that the facts translate into a massive increase in earnings.

In the mean time those of us who know that massive growth is on the cards will have to continue to exercise patience

Bjeise

I agree with you what is the point .I filtered him long ago as I a not willing to read the garbage he puts out.

On a different note it appears that my friends in the platinum industry appear to be right with the platinum price moving up nicely

At the age of 84 I have come to realize that their are two types of people in life and luckily the stock exchange is a means to help both types to make money The optimist can BUY shares and the pessimist can SELL short.

From now on I will continue to filter Bushy ,butter,and clowny BUT will remove the filters if they admit to selling short(In fact I challenge them to sell short which they should do if they believe the garbage that they write)

While I have posted many times my displeasure with the communications (or lack thereof) we got from the board and which now appears to have improved with the great RNS'S that have recently been issued I have NEVER accused Leon of dishonesty which Bushy and his mates seem to have no problem to insinuate

This post is addressed to all disgruntled shareholders PLEASE sell short or shut up

Mickie

What is surprising but not unexpected is the reaction of the share price as it appears that good news(and there was plenty in today's RNS)is being discounted because of previous bad communication.

It appears that we have to wait for earnings before many will believe again.

In the mean time it does give a buying opportunity to those of us that can see the enormous growth opportunity.

At least I see thee latest RNS as a win for communication.

Some will continue to disbelieve but I intend to increase my substantial holding

Seis

I certainly don't think the market has taken into account massive increased earnings that will come from chrome.

It has become an earnings stream on it's own. In South Africa and speaking to knowledgeable people I get the feeling that they don't expect PGM's to stay so low for much longer

Mickie

Like you Seis Gotreal and others that have not lost faith in the company your last post was accurate and to the point.Leon is giving Bushy and his ilk plenty of ammunition to run down the company by not being clear on dates and the RNS'S could be drafted better by a school kid.NO NEWS is now bad news (surely they can see that) Even if there are delays beyond his control TELL US. I am getting more and more upset by the lack of communication and unless a communication arrives very soon who knows were the share price will go.

I feel unless pushed by Slater or the other institutions the bad communication will continue as it appears that PI have no say.

Stargate

I live in South Africa and I don't think you do.You are correct that the government has done it's best to turn SA into a failed state with rampant corruption with the load shedding a prime example when Zuma and his cronies ruled.We also have an anti white party (the EFF) BUT there is hope which I see & you don't.Zambia where Jubilee invests has turned pro business and there are parties in South Africa that are pro business the Action party which speaking to my black friends will dramatically improve their votes ,mainly taking votes from the ruling ANC party who have been pathetic at improving the lives of their fellow blacks and the Democratic party.

Having seen what has just happened in Zambia,there is a strong possibility of the same happening in SA which votes for a new government next year.

The main assets of Zambia and SA are it's metals and any reasonable government must realize that their future is tied to the mining industry of which I was a part.

You can note I am not as pessimistic as you

Hi Gotreal

Over my investing career I have got used to the Bushy's who do serve a purpose by making the braver investor rich.Of course you are right that the share price factors in NO Copper or Cobalt as well as NO increased PGM and Chrome production. Having said that what is so frustrating is that most investors follow the herd (Give a dog a bad name)and future prospects are ignored. We must reluctantly wait until Jubilee produces the profits which we know are coming.

It may take 6 months or even a year for Jubilee to reward it's share holders but as day follows night it will happen. All we need to do is exercise patience which admittedly is extremely difficult to do when we see so many copper and PGM companies react to the increased metal prices while Jubilee does not.

I look forward to the day when I will reverse my filter on Bushy to tell him NEXT TIME listen to investors who are cleverer than him.

Hi Gotreal

Jubilee has a problem to educate investors that the company is a serious copper producer.Until Leon can convince PI'S that in the not to distant future the claim of 25000 tons + will be achievable we will continue to have a frustrating low share price.

Gotreal With what we have in the pipeline I believe Jubilee will be the 3rd biggest producer of chrome.Only Samancor & Glencore will produce more.In South Africa there are a number small producers but since Samancor took over Hernic I don't know of any other producer that produces more than Jubilee

Seis

I am personally very bullish on PGM's and expect we will see a massive improvement in price.In South Africa load shedding is still a big problem and all platinum miners (Anglo,Impala,Northam ,Royal Bafokeng & Sibanye) have a serious problem when they need to send miners underground so I expect a drop in supply, which will help improve prices.

A lot of the price drop resulted from a strong dollar and hopefully the drop in pound and rand terms will be less severe than the drop in the dollar price.

I need to look at the actual earnings to judge how severely Jubilee has been impacted.

Another thought-Jubilee has done a great new deal in South Africa and the increased earnings from chrome and PGM 's are more than sufficient to justify a higher share price(especially in Rand terms)

So the problems of the slow growth from copper earnings which some investors use as an excuse for the low share price is in fact nonsense.

Only TIME will tell if those of us who are bullish of the share ( which includes the institutions) have been justified to keep faith with the company

Hi Gotreal

What is happening on the JSE &LSE with the Jubilee share price is typical of a market led by idiots like some posters on this site who have no interest in the copper price which is soaring or with PGM's which are recovering nicely. It is really a frightened investor who unfortunately has lost all faith in Leon with a certain justification as Leon has hidden too much from investors. That is the market and the brave will now have a chance to make money and benefit from Leon's earlier blunders