Member Info for flipper56

HZ , what was your view on Rick's interview. More positive or less ?. His point about recession I thought was interesting. Kind of my opinion as well (but copper demand is holding up well in China). Are Colins companies life style companies or serious exploration companies ?. Wonder what Rick would say.

The podcast only mentioned XTR so hopefully we have some positive news coming for GLR. His companies and ex, JLP, taking quite a beating recently. Sadly broken promises, missed timelines, poor due diligence and a love of placings is wearing peoples patience. I am a fan of NW Zambia and our projects. But delivery is lacking across his companies and the shareprices are reflecting it. Hope Kamativi changes the narrative.

I needed some beer money .....

MD , by any chance was there any gossip from the FI trip. Has been surprisingly quiet.

Impressive piece of kit. I see it can do between 100 and 600 tonnes an hour.

I had wondered how JLP were so confident in their modular sorting capabilities. With such real time accuracy to ore sorting it makes grade control much easier.

Slowly all coming together.

Https://www.mining.com/web/miners-seek-partners-for-copper-assets-as-ma-heats-up/

A good point and made on the mining.com website today.

JLP won't be mining at Mopani. Their main interest is in processing the tailings, oxides and hard to process leached ores etc. My understanding from the JLP bb is that they need to prove the process up in a pilot plant first in order to get financing from a bank. LC yesterday mentioned the processing of the ore takes 3 months from start to finish (l think).

That's my take but happy to be corrected. Hopefully someone will be attending the AGM to get a better idea of future plans.

Would be better to use some of the Manica profits and buy back shares ?. Unfortunately at the AGM he went the other way and spoke of issuing more shares.

Yes. I think Ferber and NW Zambia exploration are interesting but I certainly wouldn't invest on the back of it. My fear is even if good news comes out at Kamativi etc the market wont pay much attention longer than a few days. Macro trends and geoplolitics headwinds are going to be challenging. I just wonder how much is priced in. Certainly agree about revenue and monetisation. - not that it has helped JLP or XTR.

The last Roast podcast which covered his various companies a couple of weeks ago. It was put to him about shareholders being down. He did raise the point that that included him and that he wants to see a return as well. Fair point really. None of us like to lose money.

I think in future I should hope for no news. Both JLP and GLR issue largely non descipt RNS's and the shareprices take a hit. I hope Kamativi turns out to be good, Colin needs to pull something out of the bag given the losses he mentioned in his last podcast.

They were hoping to drill Ferber end of this year , early next year, subject to getting a drill. Assume that remains the current situation.

Nothing of particular interest for us in the JLP presentation. Like with all these things, its about time and metal prices. Long term good but nothing to get the market excited.

JLP have a investor presentation at 11am so might find out more.

As expected, it hasn't moved the market. But good that at least us shareholders now know what is happening. I admit that when Siege started mining Star Zinc and the zinc price was high, l did think we were onto something.

Agree. The KCB alone looks promising. Good to get an update on Star Zinc even if it was already written off. Given the lack of website and the only thing l could find was a warehouse near the pit it always looked suspect. Hopefully due diligence improves. Keeps happening across CB companies. I guess Shinganda will be more of a project for next October. First drilling and then the interpretation. But Chinese reports suggested more gold in the region so back up Colins statement.

1p on the bid !.

Did he give a year ?

Anyone know how long the Kanativi drills take ?. They were on the last one in the previous RNS.

JLP (Sable) has talked about the zinc for a few years now. They have previously said they require a higher stable price to start the zinc circuit. They have a podcast next week so might mention it. Given the lower and volatile metal prices l doubt they will do anything yet. Even cobalt processing has been put on hold.

Copper down, gold down, AIM down and debt markets a disaster. Even Japan's debt costs rapidly going up. Guess we are all doomed, the net zero narrative now finished and we are all going to be walking around in sack clothes. But commodities did do well in the 1930's and population growth is parabolic.

I hope Ma isn't taking the Mickey as I have bought millions of shares on her advice .........