Member Info for Drmike33

that FRR relist, not resist.

City boy, I am in the same boat as you. The only 4thing that II have confirmed for me is that my holding of FRR shares is shown on the Selftrafe statement dated 4th April 2019 (post suspension of trading). That statement is accessible via my II account in my "document history" having been transfered from Selftrade to EQi and then to II following successive transfers of my account. This is my only hope that if relisted on AIM, that my holding may be returned to my trading or ISA account.
I'm unclear as to what Dave73 means when he says that each "broker" held my share certificate and the "registrar" sent it out when trading was suspended.
Who might that broker be and how would you identify them?
I remain hopeful that FRR may resist, but fearful that my holding may not reappear in my II account automatically as Dave suggests.
Here's hoping!

I hope this presentation is not posted as an alternative to the postponed webinar.

Seis, can't remember where I read or heard Leon/Jubilee talking about freeing up copper from within a "glassy" enrobement using an enhanced leaching process.
Having read the article on the Jetti website and the academic paper they seem to be tackling an issue related to a microscopic surface layer that builds up on particles when the leaching process starts. My reading is that their catalyst inhibits the build up of this surface layer allowing the leaching to progress uninhibited. Some really good surface chemistry research in my view.
No doubt Leon will be sighted on this developing technology and should be considering potential access to it. Whilst the technology is in its early stages, and I note that Jetti speak about potential full benefits around 2040 (some time away), I agree that every tailing dump secured today will likely be an appreciating asset.
Would be nice to hear what Leon has to say about these technologies at a future interview/webcast.

An interesting read Seisnav, although I don't think this is the same type of process that Jubilee is currently deploying. Jetti are developing a catalytic process. UNderstandably the article doesn't disclose Jetti's intellectual property in relation to the precise catalyst they are deploying

Compare this to the earlier Jubilee RNS in which Leon states
"· Direct leaching of copper sulphide from mixed copper concentrates achieved at operational scale on a sustainable basis, resulting in improved recoveries on overall copper treated.
This process by-passes the need for traditional power intensive smelting of copper sulphide concentrates, offering additional growth opportunities from Sable's operational capability from the processing of mixed copper oxide and copper sulphide concentrates"

No mention of novel catalytic processes being used by JLP however that's not to say that the economically recoverable copper that is contained in Jubilee's secured tailings could not be further enhanced with such technologies.
If anything, this article highlights that in the future Jubilee are likely to face increasing competition to access and process historical tailing dams across all continents.

Agree with what you say Geng, but still doesn't support others views that RY may be in no rush to complete and bank the cash.
As private investors in AIM, we can probably all agree that the first sign that completion is imminent will be the flood of buys. I wish I had one of those crystal balls!

Correction 6.961 offered (not 6.6961)

Interactive investor offering 6.6961 for 230,000 shares.
7p imminent...
Would be fantastic if that could be achieved and held at close.....

I don't believe for 1 second that RY is deliberately trying to delay the payout by preventing the buyers cash from reaching the AMC bank account.
The fact is that receiving sanctioned Russian cash into a UK or other western bank account, either directly or indirectly, risks huge financial penalties for the financial institutions.
The key word here is "indirectly", and western banks are clearly and understandably being very cautious.
By example, just because Russia continues to trade with countries like China and India doesn't mean that cash can be transfered from Chinese or Indian banks to the UK without a clear audit trail.
This is a massive challenge for RY; arguably something that should have been thoroughly investigated in advance, but equally something that could not necessarily have been tested.
The longer this lack of update goes on, the more likely this deal may collapse in my opinion.

Gotreal, images published by Jubilee indicate that what they are producing is an impure form of cobalt hydroxide, not the pure pink "beta" material.
Looks more like alpha cobalt hydroxide, also known as blue hydroxide, hence why the contained Cobalt will he quoted as only around 20% by mass.

Thanks TDT for your knowledge and thoughts.

Any experts out there able to help me decode what resolution 4 actually means. Does this represent a risk to shareholders in terms of the residual value of the cash shell after the 1.8p dividend is paid (hopefully), or is it likely to stabilise/enhance the residual value?

I think you are correct Gazzleberry. This apple cart is looking very wobbly right now and to push the driver off right now (irrespective if how competent you may think he is) could be an act of extreme folly.Only once I receive my 1.8p dividend would I be more comfortable in considering forcing a change.

Looking at spot prices on Kitco website, 6 month high was $1021/oz in early June, and currently trading at $1030 plus...
Likely to retrace a bit I would suggest due to very rapid rise, but overall trend is clearly upwards.
All good news for Jubilee....

I guess so Gaz, and considering the inclusion of the word "around" in the RNS ("completion is scheduled around the 1st November"), I'll try to contain my disappointment until at least the end of next week.

Monday will be the 5th business day from the 1st November. If we don't get an update from RY by opening on Tuesday I'll be disappointed (again!!!).

Thanks, DestituteB, Jezz, Geng for your views.
I reread the RNS of 3/10. It states
"The Board proposes that the record date and payment date for the distribution of the post-Completion dividend shall be no later than 90 days following receipt of the consideration payment."
I can't see anything specifically about an ex-dividend date, only that the record date shall not be more than 90 days after the completion date.
Have I missed something else Geng?
I don't believe the 1.8p dividend will be split. They may hold back the payment to the end of the 90 day period though to maximise the interest payable to their bank account!

Are they not likely to make the ex-dividend date the completion date, or do more learned posters than me believe the ex-div date will be set as some date post receipt of the cash.
No point in buying more shares after the cash is received if they make the ex-div date earlier; can they do that and would it be of benefit to the business or the BOD?
Genuine question from a very long tem holder....

Skip to 7'55" in video below for JLP chart....

"kissed" = "missed" !!!!