Member Info for dorfan01

To let us optimistic shareholders know that we are on the right path I feel that I should pass on the following information
Just had a chat with Terry McConnachie (ex Sylvania CEO)who during the course of our conversation told me that the Jubilee's Zambian operation is being run by an ex employee of Sylvania who was highly regarded at Sylvania and he believed was the best person for the job.
That Jubilee could attract such a person speaks volumes as to why Jubilee is the company of the future

Happydays
Investing by looking at graphs instead of doing your homework on shares is a recipe for disaster. I believe gotreal has not looked a charts but has seen potential of Jubilee (as I do) so is not concerned at the drop in the price.Be careful not to join the panicky investors who are the ones that cannot see the forest from the trees .

I will be shocked if the photo does not help the share price.If it does not I promise never to mention rotten disclosure as a reason why the share price has been so dismal of late ,as I certainly believe it was a factor.
NOT the main factor of course but certainly a contributory factor.
For me this will be the final test if disgruntled shareholders like me were justified for continues harping on lack of disclosure.

Kaiser
What are you trying to prove. I agree with all my posts and as far as I am concerned I really don't see any point in reading any of your posts.If I knew how too, I would filter you, but I will not reply to any more of your posts

Kaiser
You are spoiling for an argument.If you were honest you would have noted that I have repeatedly chastised the company for lack of information for a company growing at such a fast pace.
That does not shake my belief that Jubilee is in the right space and will eventually come good.

Guys . Enough is enough. The drop in the share price is not only because of lower PGM prices but in my opinion, the lack of news from the company is another factor. We need to hear production figures from both South Africa and Zambia as well as any news about the East Limb. To date all we have heard are promises and new appointments and clearly the market does not appear to trust Leon. I have emailed Leon but do not expect a reply.

Hi Seis
Please tell me where to look as I cannot find any comment

Fboy
I agree why was a new chairman given bonus shares to stay silent on the new expansion plans.
The share price is only reacting to non disclosures of activities that the company appears reluctant to announce.
I am really trying to stay patient,as I believe in the company, but it is easy to understand shareholders frustrations

Homey
Great I don't disagree with you about bad communication.
Even as I post this message I see PGM's rising and copper ditto and I honestly believe that resources is the place to be in this market.While I am a bit disgruntled with communications from the company I actually sold some shares I have for dividends and bought some Jubilee today as I believe investors are not seeing the bigger picture

Homey give it a break even if you believe Leon is being dishonest to deduct chrome profits from costs of PGM's . I too believe that Leon is trying to put the best spin on a bad year which was caused by mainly two factors,the drop in prices of PGM's and the alterations to the Inyoni plant.
Surely as an intelligent person you must see that Jubilee has a bright future once copper and cobalt earnings is added to profits,or are you saying copper and cobalt are pipe dreams. I think you are doing present shareholders a disservice if they sell because of your negativity. Tell me ARE YOU SELLING YOUR SHARES

The RNS was predictable as I warned posters not to get excited by the 2022 figures.It obviously takes more time than we hope to build a expanding company.I for one are now used to the RNS'S put out by the company which always seems to promise more than is delivered,but that does not change my opinion that Jubilee is in a massive new industry ,in the right metals and we as shareholders will eventually reap great rewards which will justify our faith in the company.
I remain as optimistic as Micky and will continue to be a LTH.
For those of you that do not have the patience to wait I suggest you sell now and regret later

I think lets wait for information which hopefully will arrive soon before making any calculations.
I will have a go with my calculations once I have received more information

There will not be an RNS today .It is a public holiday in South Africa.
What worries me about the Y/E figures is that posters are expecting too much. 2022 was a year where the company announced massive expansion which will only happen in the 2023 Y/E.
I am not looking forward to last years figures rather the timing of the new production in copper and cobalt as well as the new efficiency of Inyoni and any new expansion plans.
I am sure that will not disappoint

What is disheartening is that Jubilee appears to be the only PGM company that has not responded to the sharp rises in
Platinum and Palladium prices

Hi Nelson
I agree with your sentiments.New chairman and further appointments needed to further new focus on expansions and since then only silence. As all should know I am a strong believer in Leon and therefore Jubilee but the silence is deafening and I am feeling increasingly frustrated by the lack of communication.
What is happening with (a) East Limb (b) copper and cobalt(c) Cypress (d) new deals promised
Like you I am a LTH but all communication so far has only been about new appointments and the issue of share options hardly earth shattering as far as we the shareholders are concerned.
They definitely need to incur a further cost to appoint someone who understands the importance of communication.

It is normally good for the share price when substantial buys/sells take place as the new shareholders are unlikely to sell at a loss. I also believe it is far more likely that the buyers have done their homework before buying while sellers are simply concerned with realizing a profit.
Hoping for a decent update of expected production for the 2023 year which began in July.
That will be the reason why the share price should move up.

SeisNav
As far as I am concerned I am not looking forward to the release of the 2022 results which will not be great after the disruptions during the year(I hope only the first half) which was necessary to enhance future prospects.
I am hoping the release will be late enough to provide information on both July and August production for this year from which I can assess just how good future prospects are.

JLP P
I agree.It would be good for the share price if the options are announced with what value was being created.
From what is happening to the share price it should be obvious that shareholders having been let down many times with promises since the early days the market will only respond to earnings figures.
Promises are no longer enough.

Another plus point which I failed to mention is the massive weakening of the Rand against the Dollar.(applies to the pound as well but to a lesser extent) so in rand terms us poor suckers in South Africa can at least enjoy increased profits due to currency weakness

Hi HappyD and Seis
Your numbers for PGM'S are close to mine but I believe Chrome profits will be closer to $6 million.Zambia is the big question.Surely copper production and profits have increased ? Have we started producing cobalt? I hope the company will give guidance on expected production and profits for 2023, so we can calculate if, as most of us think, the share price is badly undervalued.
2023 will be the defining year for the company.