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2 Chinese concerns apparently with interests in the area.

You seem to have the most technical knowledge to interpret these results.

Delighted to hear Leon say that all focus is on executing the plan on assets we currently hold. No more outside distractions. Let’s hope for no unforeseen calamities and then investors can become more confident of delivery which should reflect in the share price.

Let’s hope they keep the positive mood going through Wednesday

Many thanks for all your research SeisNav. Helps me enormously to keep the faith through these tricky times.

Happy. If you subscribe to Oakbloke he sets his forecast out based on latest RNS. Interesting read and as bobill says fines and increased roan throughput are 2 separate events. Oakbloke obviously a fan of Seisnav as he name checks him

I would have thought it is more important management concentrate on making Copper work than switching strategy at this moment. They have a mining JV, a LWP JV and various important capital projects to complete that will grow copper production.

It was me who posted that JMK was planning to issue a baseline RNS by end of September. He stated it at the GM I was in attendance. I am sure an RNS is imminent.

JMK said a baseline RNS was scheduled by the end of September at the recent GM. So it is reasonable to assume an update due in the next week.

And we have been given to expect a baseline RNS by end of September. (JMK) at general meeting

JMK did say he hoped to produce a baseline Zambian RNS at the end of September at the recent GM

My impression from Thursday general meeting was that all the following are currently in play and if announced could have very positive effect on share price

1. Deal on OB1 . Buy in from large partner with own refining capacity. JLP have said they want $25 million to launch 2 processing units. OB1 project now defined. Talks with potential partners ongoing.

2. Publication of project M resource definition which is expected to include newly drilled results. Due any time

3. Announcement of mining partner for projects M&G . Like OB1 prospective partners are expected to buy into the project.

4. Announcement on future of Tjate. Board discussions going on this week.

Like a lot of recent posters I am feeling some good vibes returning at last

@3card

Email your views to JMK he’s looking for retail investor feedback re share buybacks and dividends. Personally I think we are safe on capital raises for a while given the sale contract required the buyer to hand over $15million on contract signature on 7 August according to the circular.

Leon &JMK present. You’ve seen the result. Key take aways for me:

Tjate future being discussed at board level this week. NAV Tjate c40million.

Jubilee only wants to be seen as operating in the copper space.

JMK hoping to issue RNS end of September setting baseline for all 3 copper businesses. Ie ignore anything said before measure progress from this start position.

Overall impression is that financial discipline is back in the business to support Leon’s growth plans.

My personal impressions only

Papa . I think those revenues are per month not per day. Still it’s a good update

Seems to be some speculation around saying shooters responsible for selling. Shorting could be a large holder hedging against further decline if news on copper goes badly next week. Seems a sensible tactic to me if you believe as I do that any rise will be quite gradual . Ps I’m not shorting JLP

Nelson. Leon was very clear that he was talking capacity at Sable. I seem to remember he said in previous interviews that until project M&G were going at full tilt Roan concentrate would be required to fill Sable capacity, which from memory is about 500 tpm . So we do need Roan to get going now to make the copper forecast. Overall the update is very positive on all fronts barring power stability.

CATL have just released the TENER. ESS battery 6.25 MWH for 1.25 million $is estimated. That should keep Roan going for an hour or two .

I Am no expert in the subject but I would have thought a call to TESLA or CATL to ask them to supply say 48 hours backup electricity storage capacity would be well worth the call. If the problem is unexpected loss of supply trashing ROAN plant 2 days backup electricity storage up should allow them time to react . Even is the cost was $US 1mm it would seem a reasonable investment if it saved 30 days shutdown of copper concentrate production.

Thx Seisnav