Member Info for gotreal

Someone's got some spare cash.... some big trades through this afternoon.... 7.25 million so far reported ....

Well your inference from the curiouser and curiouser was the same as Kalan's was it not? In which case, yes, cretin if you believe that.

Another cretin.

"JLP put out their latest RNS about copper ...." and SENTIMENT has driven the price down. Nothing at all to do with actual copper sales which we knew would be minimal.

The current share price doesn't include ANY value against copper so claiming it is the copper underperformance that is the reason for the discount to NAV is ....spurious.

" and the current share price is reflecting that." NAV is 6p - of course its not. Its not reflecting anything for copper which we know is being produced.

Https://www.shortdata.co.uk/company.php?isin=GB00BF44KY60 No short positions over 0.5% ..... Bertie is telling porkies....

Which "pies" are the excess ones?

OK, Gray.... explain the rationale behind your comment "It will be interesting to see what the third party get out of the OB1 waste if they ever tell us.".

Cretin.

Sentiment has nothing to do with market makers.... If you have nothing useful to say other than cast further aspersions, best to say nothing .....

"if they ever tell us. ..." That was the basis of the transaction. Your negativity is getting the better of you.... At 40% below NAV it is purely sentiment that is causing the current SP malaise, egged on by comments like this.

The net asset value per share in the H1 2025 numbers is 6p! We are seriously undervalued.

As far as anyone knows, this is a profitable, cash generative business that has invested heavily in establishing two fundamentally sound operations in Africa, no mean feat, producing metals that are in demand, and for copper and PGMs has resource longevity most major miners can only dream of. Yes, the company, having only entered Zambia 6 years ago, has had to learn on its feet, build relationships with Government, suppliers and customers and adjust strategy and plans around opportunities presented and the vagaries of in-country infrastructure. Communications could definitely be better and clearer, something I have put to Leon on many occasions. But people making comments when they haven't read an RNS properly just irritates. Charles at 14:09 on 28th: "The long term agreement for the supply of High Grade Copper Oxide material to Roan has still to be finalised." Whereas the 4th sentence in the RNS states: "Pursuant to the successful result of this trial, the Company HAS entered into a long-term feedstock supply agreement at Roan with production commencing this week." And when you make silly statements like "it is all too late...." and "I am another one who has had enough"... then what are you posting here for? To vent because, like a toddler, you cannot contain your anger? Edzi was spurned by Leon with regard a possible PR role with the company and has been bitter ever since. I can only hope the obvious outright knockers sell up quickly and move on.

JLP wouldn't exist without Colin. Spotting the copper opportunity and reshaping the company is Colin's brainchild.... he drove the company in the early days. It outgrew him but don't dismiss the vital early stage management and fund raising that Colin does well that kept the lights on... He's a divisive character but you can't argue with his success; £200K is peanuts to him. He's worth around £100 mill.

Https://www.malcysblog.com/2025/05/oil-price-zephyr-touchstone-exploration-rockhopper/

"This is another fantastic announcement from Zephyr with the flowtest details being much higher than even I had expected. As the management continue to over deliver and using novel and state of the art engineering concepts at all stages of the well progress and the Cane Creek now looks likely to be a fantastic reservoir with much more potential in the B zone.

I will add much more after I have had time to speak to Colin but shareholders should now be really pleased with the potential from the Paradox and now looking likely to be much higher than original expectations, the shares have massive upside from here so today’s initial move just show quite how ignorant and shortsighted markets can be, there is significant value here."

Buying an option gives you the exclusive right but not the obligation to buy or sell something, usually at a specified price. So we have paid the owners of the two resources a sum of money to secure the option to buy them if, after testing, they prove to be as good as they appear to be. Its simply a way of shutting out competition whilst you decide.

Good to see idiots like Edzi have sold up and can now FO.

New development projects: often 0.4% Cu or less

High-grade underground mines: typically 1–2% Cu, so at 2.5%+ Cu it is 5x+ the global average and a rare resource.

As Zeus points out: "Note, this is all before any other inputs from the Large Waste Project which has been previously stated as capable of producing ~20,000t per year of copper units. Production through Roan-Sable and the Large Waste Project at full capacity would make Jubilee a copper producer of scale." The large waste rock project is equivalent to a major mine like the Mantos Blancos in Chile (with its tightening environmental policies...) with proven and probable sulphide ore reserves totaling 122.6 million tonnes grading 0.69% Cu producing 44Kt Cu/an. In 2019 Ecora Resources (formerly Anglo Pacific) bought a 1.525% NSR royalty on copper produced from Mantos Blancos for $50.3 million when the copper price was just $6,000/t average. So for a 1.5% share of the net profits of the mine per year they paid $50 million dollars at $6,000 copper and a mine life of 10 years at the time. How much is the large waste rock project alone worth?? Think on't ...