Member Info for gotreal

Which Chinese fund is that?

Blissful.... eejit. It was me who raised the fact that TW is recommending shorting. I challenged the 2p target claims as it seemed to me a subtle undermining of sentiment here by focussing people's minds on a falling share price. Wind your neck in.

For what purpose?

"TW has apparently given a target of 2p." No, he hasn't. Where did you get that from.

You either have cash in the bank or you use the cash to increase the asset base thereby increasing productive capacity, future profitability and the value of the company. Chrome is VERY MUCH a key factor in our value and we will shortly be the world's biggest producer... but you still insist it is irrelevant to the SP??

what you hold, kalan, goes up and down like a *****'s drawers and your narrative along with them.

Seis, don't worry about that! It's the effect that matters.... ;) Build it up then knock it down....

Possibly tomorrow.....??

Typical MMs.... only TWO trades, both buys, but still hoping for a standard "sell on news" reaction, so mark it down to pick up some cheap stock that they can sell back later. They are f**kers.....

Pt has also gained to over $1,000/oz...

Cygnus, the wording of the RNS is: "with Lunsemfwa Hydro Power Company (LHPC), an independent hydro and solar power producer in Zambia. " So it isn't necessarily all hydro and as it is producing power independently for its customers the locals aren't likely to be on that supply anyway.... and as JLP probably employs several hundred of the locals they are also most likely happy that the plant can keep running supporting jobs.

Rubbish. He tells lies ... show where I have.

Sorry Kalan, you are wrong. A poster on the other board (and here occasionally) sold a million last Friday and moved the price 0.1p. As for Butter, what exactly do you see as their part ....

Edzi.... why is that relevant. Who is doing the due diligence and will forfeit the payments WE have already made if WE pull out?

There is no mention of IRH doing due diligence or signing off anything Seis and where is the penalty if they back out if so??

Roan is merely replicating what we have been doing for years with Chrome - there was never really any doubt it would work, and the risk was on JLP in forfeited payments; it didn't require IRH to have a crystal ball.

Disagree, Kalan. Many have been labouring under the misapprehension that we have been proving our ability to IRH and until we did they wouldn't sign it off. Quite wrong.

I think some here are getting things round their necks. In the RNS of 28th March IRH agreed to take up their option to proceed with the waste rock project. "IRH exercises right to proceed with the formation of the Joint Venture (JV) vehicle for the implementation of the Waste Rock Project." Since then JUBILEE have being doing due diligence with regard the quality of the material, NOT IRH as to Jubilee's capability. From the WHI update of 18th April:

"IRH and Jubilee signed their agreement to continue with the ‘waste rock’ project (RNS 28.03.2024). This will see production of ~20kt copper in concentrate produced from four modules processing in total 2.4Mt/yr of material. Jubilee is currently conducting resource drilling to highlight the best location for the modules. Remember Jubilee pays none of the capex for these modules or the purchase of the stockpiles but still gets 30% of the share of net profit as operator; we account for the profits from this SPV (30% to Jubilee) as a profit from investment in associate in PBT."

And from the latest RNS:

"To date, US$4.95 million has been advanced (by JLP) to secure the rights to the large Waste Rock Project, as part of the overall acquisition price of US$30 million, payable (by JLP) quarterly over 18 months, contingent on the successful completion of the due diligence period. According to the terms of the agreement, Jubilee will forfeit the payments made thus far if it decides not to proceed with the project. The successful completion of due diligence is a critical factor in maintaining Jubilee's partnership with IRH." Jubilee will forfeit payments if IT decides not to go ahead. We are NOT proving our capability to IRH, WE are deciding if the waste rock is worthy of our time and efforts. Capiche??

Don't let your imagination run away with you, edzi....

well he is doubling down on his claim: https://*************.com/views/76574/evil-banksta-calls-out-zephyrs-placing-denial-statement-as-hogwash