Member Info for gotreal

They've been predicting it for years.... its their job.

"Got to be a pull back after that rise." You missed it then Islandgirl? 😉

He can't do anything without shareholder approval ... you're just chatting s**t, Chatmandu ...

164 posts full of irrelevant nonsense in the last 30 days on only 1 share....

Oh shut up, you fool......

The buys and sells shown are purely theoretical and derived from the deal price relative to the mid price of the displayed bid/ask at the time... it is only at best a probability and at worst, a guess.

The only developments were:

"Ricus leaves "- personal choice - a lifestyle change, moving to Australia - nothing to do with JLP.

"CEO took his summer break" - would obviously have been planned well in advance

"Share tanks" - who is in control of the share price?

"Pt rockets" - only since 5th June, after the proposed deal was structured hence why claims it is too cheap are easy with hindsight, even if with said hindsight that may appear to be the case.

"Jubilee Zambian copper production half of forecast" - when? Which forecast

"What's not to like?" I agree, the timing seems bad but maybe you have a better crystal ball?

"We can only hope that there is some negotiation at the moment around the offer of "up to" $90m over 3 years. It shouldn't take this long to provide an outline of the offer. " We have no idea what terms are attached to the offer.

"One would assume that if the offer was being revised due to subsequent changes in the Pt market, a brief RNS could have been issued advising shareholders accordingly." One would "assume" lots of things.... and plainly many here are.

"But, as we know, that's not the Jubilee way." For many reasons companies keep their cards close to their chests... you choose to interpret that approach negatively. I wonder if you will feel the same way if they pull off a game-changing result?

What promise have they broken you eejit?

It was still in its previous trading range at the 4th June .....

Hindsight is a wonderful thing.... the deal as proposed would have been structured on the metals prices BEFORE the rise in Pt and Pd..... which has only happened in the last 2 weeks.

This is the team on the ground actually doing the work..... Good news. https://www.apexgeoscience.com/service/interpretation-and-reporting/

You missed out then Ripley.....? 😀

Really? The last thing we want is the uncertainty dragged out even longer.....

Why don't you detail what you think the HUGE investment will be ......

Bottomsup.... I am merely quoting Leon's words.... and it was $300 million revenue....

So Leon's assertion that the copper business could be throwing off revenue of $300 million in 18 months wouldn't raise the share price you think?

You prove might point admirably, BB: "The Copper business may be the way to go, but will need another few year to prove up" Another few years.... How so? On what basis do you make such an undoubting assertion that it won't be "proved up" for a few years.

I love the way posters here seem to assume that Leon and the board are stupid.... as if he and they haven't spent their working lives doing deals and running major operations in Africa. The implication seems to be that he/they have an ulterior motive that is not in the interests of the company and shareholders.... I remember some clever fellow asking in the H1 update presentation whether they had thought about drilling deeper under the current reef at Munkoyo ... in case there was a sulphide deposit there... as if it would never occur to them to explore the true extent of the resource. Leon's look of patient bemusement said it all.... The simple fact is that we NONE of us know the rationale behind what is proposed and the conditions attaching to it, for example in respect of the PGM tailings stockpile or an increasing PGM basket price, and also what alternatives have been considered. The seeming fault of the board has been not issuing the circular in a more timely fashion, to have removed the potential for all of the total speculation that is now occurring. That said, there may very well be a good reason for not doing so yet. We shall just have to wait and see.....

Bitcoin treasury is the "hot" thing to claim right now.....

CH made clear in that interview that despite what is being claimed (banbury) the $16m is a non-cash item and NOT linked to any debt facility, so no, he didn't make some good points, he made one up.....