Member Info for GG57

RNS 06 Aug..”The recovery circuit's development by Jubilee's research and development teams includes work to evaluate the optimal product purity specifications to improve the capital efficiency of the Project. It is anticipated that the process flowsheet design will be completed during Q3 2018 targeting commissioning of the zinc recovery circuit by mid-2019.”

My guess BMR...its been going on for a while now, these daily sells of a few hundred thousand....

This would be great if its the case. It would in principle also confirm there was good cooperation from the Moz government i.e. discussions were well structured, agendas were well set and agreements were reached and upheld in a structured formal way. This is what we are accustomed to in the first world scene. I have been privvy to a few energy projects in Southern Africa and I know how things can get delayed in the quagmire of African bureaucracy....

Exactly cfh .... its my feeling too ....and Im just a little hesitant to accept that after this so called August workshop all is certain, signed and agreed even for only the JDA...Im a little sceptical of this narative and listening to Hanno’s podcasts I sense a little naivity on his part that may lead investors to thinking this may be the case. Any disappointment on delays will hurt the sp. Hopefully there will be good news soon but its Moz....so Im careful to hope too much. Also GE are a great potential partner but they are also struggling and Im not sure what leverage they have in negotiations - if they don’t recover structurally they may even cease to exist in a few years....

No, Im not selling. I will hold and wait but together with my hope that this comes good in September..ish is the stark reality it may not.....and then I expect to see my holding halved. In case it comes good I am hoping for at least double. In my few years on AIM I have learnt that this is the way it seems to go and unless you can accept this reality one should invest elsewhere.

I am long averaging 6.8 with 453 998 shares.......

Well I’d be surprised if the workshop brings the assurance required for the JDA. Its Moz and this can drag and drag and drag and drag. I am invested and hope for the here but also braced for the reality that we may still be in the same position as we are now next year. Its not like timelines havn’t slipped before with this lot?? Honestlty, we’re led to believe by Hanno that all will be fine and dandy after this workshop? My guess is there will be more clarification required with more meeting dates and more postponements....the market seems to think the same.....

I had to pay a traffic fine once in Romania (actually it was only 4 years ago). It was the most lengthy bureaucratic stupid process I have ever experienced. I wouldn’t even want to imagine what the process would be for getting a mining licence!!!

Mnr Van Zyl,
I feel for you - I bought in quite heavily in 2015. Now down almost 50%.

somehow have faith in LC and the future for Jubilee. Other stocks on Aim have risen my portfolio very nicely - Zioc, when it went from 4p to 20p, PYC when it rose to 30 p, NCCL, Eqt and the likes.
I have been very tempted to sell my JLP at a loss and invest elsewhere but I am not going to do so - I will wait until at least mid 2019 to assess the situation then - I have a feeling we will be well rewarded...

Hey, search ‚ ‚ chinese bamboo motivation video‘ - it may help understanding the patience needed with JBL,

good luck!

I too share some optimism for the JLP story, for various reasons (strategic business sense, price/demand of PGMS and others ) - but I hope like hell our instincts are right.... However the story evolves, JLP had better start showing some decent profit and certainty in their exciting deals they're forever touting us with soon or else I'll count my losses and get the hell out of here for good!

Most certainly a time to buy whilst the streets are covered in blood....