Member Info for edzi

Just to let you know I went to the AGM and they stated that there would not be any share buybacks before the end of QTR 19 So I have no idea what's going on

Whoever it is there should be an RNS in the morning, However, if it's not BMR then someone is building a pretty big stake in this Company, I wonder if it 's got anything to do with Sable as to me getting Sable would be much more important than getting the latest Platcro but they still went ahead with it

Something is happening that's for sure

It's always interesting to hear about charts especially with an Aim stock that is news driven.
Not to be derogatory but you can put a straight line through anything and say what you like about it
To me it means nothing Can you please explain how the past tells you about the future in a small company

Thank you moneyhawk, good research.
As far as others here on the board I went to the AGM and was more satisfied than ever about the future of the Company.
Leon is running this Company not Colin and I can assure you that Leon knows what he is doing, this is a fantastic deal and when and if we get Sable the cash flow will be amazing and profits will be as well.

Hi Moneyhawk
I think I'm correct in saying that the material being processed is washed and prepared so the amount run through is greater than the sum announced so the quality of the ore coming out will be better. This should also make a difference
Please someone correct me if I am wrong

Hi All
I have had a problem listening to the webcast and would like to know about timings with regards to Kabwe
Was anything definitively mentioned please. That would be very helpful to me

Many Thanks

Hi Sumoskier
The RNS does sound positive, and seeing as I purchased another700,000 shares today I hope it's good.
If it was bad news why would they want a live webcast ? It would be like staring at a firing squad.

Hi Jeffry
I'm thinking of going, I am compiling my questions as we speak

Hi Jammer and others
Please correct me if I am wrong because I need to be sure of my statements, I have read somewhere that the Hernic deal has been re-negotiated because of the dam burst last Xmas and that the profit sharing will not happen for a number of years. I think that one of the reasons why JM are holding off stating costs etc is because of the awaiting news from I think Glencore to whether they can use the (refining) facility next to Kabwe which will reduce costs. However it is really frustrating not to hear if the Zambian Government are on board but whilst saying that JM would look complete idiots if this was not to go ahead because of the Licence as they have been telling the market about waiting to hear etc etc. A post here said that the costs would be recouped by September this year which is news to me and I think the person has it wrong. When you think about it, it would make sense to wait until Hernic/DCM and Platcro were helping cash flow before paying out for Kabwe as we would not have to borrow so much. I just wish they would get on with it so we are all happier with the SP, as you see today they marked it down with hardly any volume You views would be welcomed

Hi Jammer
Thank you for this information, I can fully understand that whist DCM was down that they are in a holding position until DCM get's underway and Platcro goes live. My concern is the market quite rightly has not been that impressed with what is going on here even if DCM work will make us much more profitable, Kabwe needs clarification ASAP so people know what the hell is going on and if they get one of the agreements that they are talking about signed then I can only see an upward path, however the market is a funny animal and you never know.More information from you is very welcome

Hi
There is no reason to have any type of placing or dilution. I also think everyone should also understand that
when they have an arrangement like Hernic they charge 30% on top of getting alltheir costs back. this is probably to get back their financing costs

Hello Tiger
I agree with you that the future looks good especially if we can fastrack Kabwe. However, it seems that no one agrees
especially in SA where it's down over 8%. It's so frustrating and I'm not sure what more can be done

Here we go again, people going on about Leon's shares. It's good enough that he has taken shares in lieu of wages, it's exactly the same, I know plenty of people who won't go near the share market. What's the problem !!

Hi Jammer
You are correct in your costing re Platcro,however you have to offset those costs to what it would have cost JM to set up a unit independently to refine the Platcro ore.It must cost a few million minimum so the costs should cancel each other out. What are your thoughts? As far as I am aware from posts on other boards the agreement at Hernic will stay the same for another 3 years, I would like that confirmed though

Hi
Thank you Kalan for your response and Jammer,
I really do believe that the business model is solid and very viable which has been proven by the RNS today.
To me Hernic and DCM will be a good base to pay for most of the Company if from what I have read Hernic agreement stays as it is for the next 3 years because of the fault last Xmas and DCM produce a new way of dealing with the fine Chrome. It is interesting that Leon stated that they are building another 2 fine chrome units but he has not specified where. Can you please confirm that I am correct on this matter.
Kabwe should be amazing if and when it gets off the ground, I'm sure that there will be more twists and turns but my gut feeling is they have put far too much into Zambia for it to fall out of bed, it's the timings that is critical

Hi Kalan
Thank G-d someone is talking sense, well done.. I normally post on ADVFN but it seems everyone on there just wants to have a go and nothing is ever good enough. We are all fed up with the SP but sooner or later it will change.
Why do you think it is so depressed

Hi Guys
I am invested in JM up to my eyeballs however, I like many others here think the same that if Platcro DK Hernic start moving and then if Kabwe get's started on Zinc and Lead then this should go through the roof, Then we have the precious Vanadium which should also be worth a fortune.. If this si the case how come our share price is so low, and how come any mid size Company has not made a bid. The technology for the Zinc Lead and Vanadium are already out there to make Kabwe work and if the returns are any where near what people are saying then you have a Company that is sitting on a fortune. Are we missing something ?

MnrVanZyl
May I suggest you listen to Leonard Cohen sit in the bath and look at your wrists
whilst reading about Caligula
You are the most moronic and depressing person I have ever heard
You need treatment

After reading the BMR statement the most important bit to me is that they have to sell their remaining shares in an orderly fashion through JM broker. This is good news as there will not be a share dump on the market in a disorderly fashion.There is also going to be a bumpy ride for Golbal markets in the near future because of US interest rates and the effect on markets, this should in a couple of ways be good for JM. Firstly if the rand get weaker then the monies made because of conversion will be better and maybe people will go into metals for safe haven purposes.
Any thoughts?

Hi Mad
Just seen your post, I am assuming the same, total mess this Company, I keep on trying to find out what is going on
in Uruguay without success. I'm in too deep to get out like everyone else. They have not replaced their Technical guy and I'm not sure what the future holds unless they go private