Member Info for dorfan01

The biggest problem affecting the share price is that we are all guessing how much copper and cobalt Jubilee is at present producing.If they issue an up to date production report in the 3rd quarter report the uncertainty will go away and the share price can start recovering.
I hope the powers that be at Jubilee are reading this message

Bluebelly
So have I what a win > I no longer have to read his stupid comments

Gotreal
I feel so much better having filtered BushyTailed

Having read all posts on this board regarding Jubilee's past performance or non performance if that is your gripe,I say Jubilee will succeed for what I believe is the most basic reason.
That is in South Africa and Zambia the biggest problem is unemployment and both governments need a company like Jubilee to create JOBS . It is as clear as day follows night that Jubilee has good relationships with both governments as together they can move forward in the interests of their citizens.
I am relaxed that Jubilee will continue to grow.

Yes best to ignore him. With all his ramping I would love to know if he sold short

Charles I am only 1 year younger than you and agree Leon or the company should have done better in all areas you mention including better communication with shareholders when things started to go wrong but listening to Leon is his latest update I do detect some change of heart and I therefore do believe the company can recover from the set backs.
The tailings field is enormous and will become a huge industry in it's own right and the revenues and profits were made with in the half year with only a tiny contribution from copper and nil from cobalt.
I am in South Africa and I know Leon is still considered highly in the mining sector,so I have a different take on the situation. I believe in the stock market timing is everything and believe the setbacks have given new shareholders a chance to buy the share at a bargain price.
I am as cross as you but have decided to stay for a fantastic ride. One of us is bound to be wrong.

Bushy your claims are far more stupid .
Please don't buy the share and get off this web site.
You can then return just to see how all believers are raking in their profits.
You know F...all about the company and the metals it produces , so stop showing your obvious hope for a drop in share price from this point.
I fear you will be sadly disappointed.

NS I agree BUT the lack of trust is clear to see with sharp drops in the share price on the LSE &JSE . The only thing that will help now is increasing profits . Promises can no longer help.
Yes I believe in the company and continue to buy shares so I can only hope I am right and the market is wrong.

I see there is a change of strategy for Zambia. Seis Nav the only thing that I think it can be would be is to curtail copper production in favor of cobalt but is that possible if cobalt is a bi-product of copper?

Happy I am in full agreement with your sentiments.
Jubilee employ over 600 people in Zambia and I know from a personal meeting with Leon that they also have the full backing of the Zambian authorities so it is impossible to think that there is no production of cobalt or copper.
I agree it is time to put all suspicions too rest

Tg5
I absolutely agree with all your points made but am pleased you are not a seller. You obviously see some hope for the future . What you have focused on are the bad points but if you really think about it there are so many good points.
1 The company is a front runner in a new industry which is expected to grow enormously
2 The company hopefully is producing the best basket of metals with the price of platinum copper and cobalt expected to rise substantially
3 If you reside in South Africa ( maybe England as well but to a lesser extent) you are in a company that sells in dollars which offers some protection against the strong dollar
4 In South Africa which is THE major producer of PGM'S in the world, production is reducing
annually, which gives Jubilee two major advantages (a)Increased prices (b) Remember we have Tjate which could become a valuable asset at some stage.
5 Jubilee does appear to have fine tuned production methods (the jubilee way) so we can at some stage expect massive growth.
Weighing the bad with the good I believe good wins.
Hoping this post makes you feel better or am I trying to convince myself that I have made a well thought out investment
Time will tell
Good luck

TG5
I can understand your frustration. I too feel frustrated with mainly the non disclosures.
My hope is that if enough shareholders complain the board will get the message that if you hold 100 shares or 300 Million shares you have the same rights to receive information on any progress or non progress that the company is making.
If they get that right I do foresee a great future for the company

I really don't want support from Bushy or Tg5 . Unlike them I do acknowledge Leon's ability to grow the company and my only criticism is, the lack of proper communication with private shareholders.
Leon is obviously extremely enthusiastic when discussing the company which in truth has given shareholders great expectations which unfortunately due to unforeseen circumstances
have not been met.
My gripe is with the whole board who have been reluctant to give us bad news.
From experience I know that is a definite no no when trying to grow a company.

Leon when I said truthful facts I in no way insinuate that your facts have been untruthful.
We need to know actual facts NOT hoped for facts

The most comforting fact in the Jubilee sago is that Slater has been given all the facts and appears to accept that Jubilee has gone through a bad patch but he maintains his optimistic
assessment of the company's future.
All I want is for Leon to give us the same facts so we are able to make our own decisions otherwise I expect panic selling to continue
Actual truthful facts Leon

Happydays
I hope even if we were at 6 stage(I did not see 7 that often) the platinum mines were far worse off than us.It is ironic that they all a brilliant day but not us. What it shows is that the market does not trust management. I am hoping that in this case the market is getting it wrong

Hi Frog
Leon went on record to say that they had installed generators and production would not be affected . In South Africa generators are used to replace electricity when load shedding kicks in.
Generators use diesel so production costs could rise but would hardly be a major expense.

Happydays
You can add Chrome to metals produced by Jubilee at new highs.
Sibanye is up 5.4% when I last looked.It all boils down to TRUST.Shareholders in Sibanye have no reason to doubt production of platinum but Jubilee shareholders are not in the same boat and appear to be doubting everything they have been told.
It all boils down to the company NOT issuing 3 monthly production figures and the perception that Jubilee is not producing platinum due to load shedding (which I believe is nonsense) but it would be nice for Jubilee to have announced that Inyoni is running at full steam.
What a difference that announcement would make!

Shuvlin
I hope you are right.I am tired of being constantly disappointed

Hi Mikie
It is the half yearly results announcement (of which we are aware that they are dismal) but I fear if they don't update us on production figures and possible deals nobody will believe any more that there is anything positive to come.
If my board when I controlled Merafe had acted as Jubilee now does I could never have succeeded with my successful turn around of the company.We constantly told our shareholders of progress as we went forward.