RE: Tjate6 Nov 2025 14:29
Metaltrade... "I don’t think Jubilee should fail but my concern with buying before significant profits is the dilution from new share issuances, which has been a running problem for shareholders." You raise the possibility that Jubilee might fail and then almost dismiss it... How do you imagine that might happen, given the proven ability to process copper oxide, sulphide and transitional ores, cobalt and indeed chrome and PGMs, will have almost zero debt post the sale of the SA business and $75 million coming in in cash over the next 3 or so years, the remaining proceeds of the sale. And therefore, why are you concerned about dilution when patently it is so unlikely a prospect as to be laughable?