Member Info for dorfan01

Frogkid

Absolutely right but you can add the South African economy in your post.To make Russia ,Iran and North Korea your friends is the biggest mistake that any country can make.I think England need a conservative government

At least today is a good day for PGM's

Hopefully if the market thinks Jubilee is a platinum play it will show in an increased share price.

The share price does however show that Leon needs to produce profits to change sentiment in Jubilee

Seis

The report you posted on PGM'S may help. At least unlike the shares, their prices seem to be recovering.and copper seem to be holding around $9000 .

The strength of the dollar should also help. You can see I am scratching for good news

Hi Gotreal

I love to see a RNS where Ollie has done deals for the company in which case I will apologies to him but so far NOTHING.

As chairman he has a responsibility to the shareholders.I look forward to apologizing to him.

Frogkid

Exactly

What has Ollie achieved-nothing A chairman that is never heard .I would certainly vote to dismiss him

There is little doubt that the company seems to shoot itself in the the foot with their failure to give us correct information.

From the previous RNS I and many others believed that the power problem had been solved only to find out that RNS was incorrect. Is this a buying opportunity caused by bad communication again ? I think so but I cannot blame shareholders who don't believe anymore. What a frustrating board ! We need another chairman as Ollie has failed the company.That is my take on the sorry situation!

Kalan

I agree with you that it is mainly copper that will ensure massive growth in the near future.I am not to concerned with the chrome price as both cost and selling price have dropped and although it will impact on Jubilee profits I stick to my guns that PGM'S prices will not only recover but will also prove to be a good source of profits in the not to distant future. There is so much to like about Jubilee I can't understand the desperate selling of the share. The problem for me it is not Jubilee that is running out of time. It is me trying to exercise patience to see that I have picked the right horse.

Mickie

I agree this is the last chance for Leon.I also agree that I am blindly backing Leon to build the company into a giant company.

I also believe that the world as we know it will need metals (not bitcoin) to survive and I believe prices especially PGM'S will recover.I hope patience is a virtue

Hi Seis,

What I hope for, is that Leon has learned lessons from the past promises,and this time has set the bar much lower. While Jubilee has no control over metal prices the company does have control over production and I for one will be far more interested to see that production of both chrome and copper has improved on the 1st quarter figures and further progress is being made in securing further resources for both metals.

Happydays

copper production was terrible but that is where I believe this quarter will show a vast improvement

Hi Northen

Yes I understood that the JV could fail but it appeared that the huge rock of waste could still be worked with a different partner.What I really wanted to say the oak bloke was excited by the resource more than the J/V

Hi Eddie

Nothing new but the host did get excited with the deal with IRH. In my opinion you either believe Leon or you don't. If you do don't sell or if you don't sell.

For the record I am NOT selling

I hope investors in South Africa know a little more than English investors

With the dollar strength against the Rand and even the Pound profits from falling metal prices have obviously dropped less as Jubilee has gained currency profits. I would suggest at the current metal prices even profits from PGM's should still be substantial in Rand & Pound terms

Up 7% in South Africa

Hi Shuvlin

It will really be a sad of affairs If Jubilee don't have production details for October

I hope October production will be discussed at the AGM so we can decide if there has been progress or not.

The price of the share suggest that progress has been slower than we think .

I actually think that if the company can show decent production figures for October the share price recovery will start

Seis

I hope somebody will ask the board about their timing to issue options .Surely the shareholders of Jubilee are entitled to some consideration as the issue of options before showing meaningful profits was always going to effect the share price or are they happy with a low share price

Jolly 1 Plenty of selling at 4.54 & 4.55 and in South Africa the selling looks worse with well over a million shares being offered.

Kalan

I firmly believe that the low share price is self induced with the only problem being bad management decisions.

Yes the company went through a bad time with covid ,water and electricity problems but management never kept shareholders updated as to the problems and it has now come back to haunt the company. The issuing shares at 1P which I believe will have little impact on the companies future is only bad as the timing was so wrong. The board needed as a first option to delay the issue until the company was making meaningful profits. I hope that all attending the AGM point out that for now only profits matter and management MUST refain from making promises that cannot be met.

However I believe that now almost everything is in favour of company that has paid its school fees and the shareholders can look forward to a much healthier future.I believe purchasing shares at these prices is a no brainer