Member Info for edzi

Frogkid,I think like most people Gotreal wants to believe what he wants to believe, like the projection.

Has he worked out what the Company must be showing in nett profits to be worth £1.20

Like everyone, I wouldl ove it but when you get back in the real world we are 6p and if in the next 2 -3 years

we get 12/15 pods going and the Copper price is $12000 and the PGMs are back in fashion, well, maybe as you

said 50p to 60p PG I would love it. This time next year..........

Hi Guys

I too wanted to go but was prevented because of an appointment with a consultant at a hospital.

The thing I think we all need to know is after the £1.8 million, which is primarily for paying debts and buying'

equipment, what happens then after what I presume is to get the mine up and running to nameplate.

If that ever happens it would be bloody remarkable. What is the vision for the future?

Thanks Guys

I would love to have a better understanding of the costs as it makes an enormous difference to the margins.

I can understand that they are probably going to amortise the cost of buying the rights in on the production costs but that type of thing falls out of the bottom pretty quickly as does the costs of the units.

Hi All

I trust most on here have listened to the latest Sunday Roast podcast with Leon in South Africa.

May I ask if anyone picked up on the following, the reason I ask this is because I have severe tinnitus

and hearing loss and I have listened to the start of the podcast twice and think I heard the same thing.

They were talking about Roan and Copper once it got up and running and Leon said that the costs of

production for one ton of Copper would be $6000. I would like others to confirm this as I always thought

that the costs would be in the region of $3800 per ton ounce fully ramped up to nameplate capacity

Can someone please confirm that I miss heard. Many Thanks

Just another thought, the market liked the last RNS so much that the SP went down nearly 8%.

Kalan/Gray

I need help, I just can't understand people like Gotreal, he must be an MP because if you ask him a question which is logical and factual he just seems to ignore the facts. He is so irritating. I don't want to get personnel as it solves nothing but what type of person is he. If he ordered a car from Audi or Ford and they called and said your new car is ready and he went to pick it up and they said Mr Gotreal, it is ready but it hasn't got an engine in it yet as we are awaiting the parts, would he be understanding of the situation. I think not. He is totally myopic and foolish and on top of that he accuses people of not telling the truth. He is the one not telling the truth as he just can't seem to see the situation to be able to tell the truth. The last RNS was totally unacceptable as it was not the truth. It was done with HOPE that the electronics turn up on time. That to me whatever share it is and whatever money I have in the share is totally and utterly misleading.

Anyone who thinks otherwise is si totally off with the fairies that they really aren't worth communicating with because you have no intelligent counter conversations. What a complete and utter fool. But I wish him the best

I've cracked it, Gotreal is Simon and Garfukel. The sound of silence. or is it Bridge over troubled water.

Gotreal I have just seen your last post which I wanted to answer but thought better of it. Please read my post regarding the RNS and please answer it honestly. I would really like your opinion. Or are you going to ignore something that is factual, honest and gives a good example of what we are dealing with

Sorry to be pedantic, the RNS was not at all accurate and if someone wanted to they could go to the NOMAD and ask why an RNS that was not factual was allowed to be released. This is where they shoot themselves in the foot and why people are sceptical. However I repeat, I have quite a few million shares and think the Company will be great but these are the things that should not happen. If it happened to a Company that was is the FTSE 250 the Chief executive would resign

Gray1

Have you been looking in my dustbins, your projections on Chrome, PGM's and Copper are identical to what I worked out about 3 weeks ago when I was emailing a certain person on this board. I put it at 8k of copper to star with and then raised it to 12 k as I don't know how much will be copper sulphide

Hi All

Well,I'm on holiday at the moment,sitting in the sun having a drink and reading a very good book.

However, I must admit that reading everything on here today surpasses my good book. You just can't make it up.

On one side, we have some people who are looking at this share like they were sound normal investors, looking

at the situation as it is and as it has been, fully supporting the Company with skin in the game and like me if I dare

say so monitoring the horizon trying to take a pragmatic view of what has been said, or what hasn't been said, trying to protect the investment, looking at the good and the bad but still feeling that the Company is on the right track but keeps on slightly shooting itself in the foot. On the other side you have people living in HOPE and acting a bit like Leon not accepting , that there has been a problem and won't hear anything said about the Company that may be realistic or even god forbid TRUE. Let me give you an example, please remember that I am saying this with having quite a few million shares, last batch as reported bought at about 8p because Slater did. We had an RNS stating that the module for Roan was ready and all it needed was painting and then it would be shipped to site to have it constructed and then start building up to nameplate production. Was this true? err !! NO, we should have got an RNS stating we have the module ready for painting and all we are waiting for is the bit that makes it work, ie: the electronics. Now I am a huge supporter of the Company, Leon who I have spoken to on a number of occasions, and the Chairman who I have also spoken to.

BUT IN MY BOOK, WE WERE TOLD THE MODULE IS READY, and it wasn't I REST MY CASE. GOTREAL, now tell me where to go. Lots of love, going back to my book and drink.

gotreal

the honest reply is that copper is still crap as far as the amount of tons being produced, it was stated that they would produce about 5500 tons of copper by the end of this f/y and they will only produce about 4000 tons if we are lucky.

the copper story is about 2 years late, we are producing about 4000 tons to date. in the scheme of things that is not very good compared to where we should be. that is where the business model has changed and i am glad that it has.

now crap may be the wrong word but it certainly won't be enough for investors to flock in and raise the sp.

once the new roan project can prove itself to work which i have no doubt about, and we start to prove that we can process 1000 tons per month and once the slow horses work out in their minds that if jlp are going to get 4/5/6/7 or 10 modules up and running in the next 12 months which could produce a very exciting amount of copper that seems to be going up and up in price then pg people will consider investing. we because we know the story and we live in hope or almost believe what leon has said over the last 4-5 years are already sold on the company. others are not, yet !!

we all hope that this will change as does slater and others. however like the recent delays regarding the electronics, there will be other **** ups. just look at hzm or hum or goldstone or pathfinder or many others that over sold and under delivered.. a lot of people need proof of concept before they go in, even kalan who has some very good points to make is very conservative where he puts his money and he is happy to get in a bit late as long as there is proof. you like me are just bloody frustrated that it has taken so long and you don't want anyone putting you off your beliefs, which is fully understandable,

Gotreal

I've just read your last post. always look for motive, you must be paranoid. Other than wanting the SP to be higher what is your motive other than trying to annoy anyone who doesn't think like you. Stop being childish your getting as bad a BT

hi all

gray1 is perfectly correct about everything he says as far as i am concerned. gotreal, you have to accept that other people have different opinions to you but are going for the same goal. you do get very defensive and actually quite rude to people who don't see things your way which is totally unacceptable if you were around a board room table.

it is completely understandable that leon has changed direction because of the business plan that he had, he has said this and even apologised. it is a fact that because of this the way the jlp are now going about their business is one of the main reasons why irh got involved with them. this (although highly frustrating because of the delays) is why the zambian business is like the chrome business which was also in it's infancy at one point. it is also the reason why some people including myself find it difficult trusting the company because i among others hope that the business plan goes in a straight line, make a unit for roan buy some of the shelf electronics get them delivered by plane bolt them together and were away with the fairies producing 100,000 tons of copper in the first month and the share price goes to £1.00.

if it was that straight forward i would be doing it in my garden. leon has his faults like everyone does, the new fd has started to make his move on cleaning up comms. and there will be lots more bumps in the road. so gotreal accept that the original copper strategy failed like leon said and the new one will be up and running very soon and the tailings have sensibly been put on the back burner whilst the company improves it's cash position and technical position to move it forward. please stop ****ging people off because you don't get your own way.and by the way, i hold several million shares in jlp and i want it to get to £2.00 next week but i am also honest about the way business and the company makes mistakes and more importantly correct them

Illuvise

Slater has more than enough shares to be a thorn in the side of IRH, there are other funds holding as well so any price would have to satisfy all shareholders over 3%. Us private holders would either have to get a consortium together which may be possible or just go with the ride.

Hi Nelson

I really don't want to start rumours or wild talk, my latest comments were my own feelings without anything I have heard.I really don't know how it would be packaged but future earnings and assets of course have a lot to do with it.

If you asked the majority of people on this board if they would accept 30p, I think they would bite your hand off.

The problem is Basscadet is that if IHR take a position, no one else would bid for the Company as they just won't be able to compete with IRH. So if they take a position which I think they will unless there is a mechanism that allows another bid then there is only one buyer. I say this because public Companies are answerable to their shareholders, IRH are answerable I presume to a Sheikh who if he wants it he will just buy it. The art of the problem will be getting a good price. I think people who are more up to date than I am should try and work out what a good price is, If you believe like I do that JLP will make next F/Y $50m on Chrome and $45-50m on Copper even if they only produce 8k tons of Oxide,

copper at $9500 take off $3800 leaving $45m and they will do more than that plus PGM's. Plus revalue of assets like Sable and Roan etc. and the following year could be double that, so what price do you put on the Company seeing as today's SP values it at less than asset price.

Hi All

I must admit that the longer the wait goes on regarding the IRH formal deal the more I think that they are going to take a position in JLP. I have stated on the ADVFN board why but it to me is a marriage made in heaven. IRH bust in late for Mopani, they also bust in very late for another deal that the Chinese thought they had. IRH have other mining assets elsewhere and they want a really big footprint in Zambia by the sound of it. They need the expertise that JLP have, and JLP need the money and the clout to get other deals done. I just hope that if this is the case then Slater who have upped their holdings will fight hard to get a good price as having a deal done just before we get going with Copper is great timing for IRH but not maybe for JLP holders.

Hi Publican 777

Thank you for your apology but there was no need. I too am fed up with all that is going on but we just have to

see what happens and try and get the best out of it. I am not at all happy with the way the people on board have performed as it shows a complete lack of management which is totally unacceptable as they are using our hard earned cahs

Publican

Why on earth should I be ashamed of myself, the same as why on earth are you worried about other investors?

We all make our own decisions based on our own thoughts, I would not tell anyone or advise anyone what to do

for two reasons, firstly, unlike the sounds of you I don't profess to know everything about a share and secondly, it's none of my damn business who puts money into whatever they want. I also never said I was supportive of the management, I just stated things I have been told, doesn't mean I agree with it. I am here of my own volition, I have money in this share and want to at least get my money back, luckily, it only has to go to just under 2p to get it back. I have made many mistakes in shares and lost money and I have no problem admitting it, again fortunately, I have made more right decisions than wrong, that is the only thing that matters, some you win some you lose, but I certainly wouldn't preach to people like you do on this board. However you do what you think is right and I wish you well, P.S Can I have that larger and crisps please