Member Info for gotreal

YOU see it as a major event.... they may not. And why would they need to decide on the locations of the modules before ordering them? They are two unrelated activities... nothing dictates anything... it is all just your opinion.

No, I am pointing out the false logic of you claiming that because you HAVEN'T been told that they have been started , that they haven't .... I am afraid too many people are prone to this .

"Even the modules are late should have been started in Q1 this year and we are already half way through quarter 2." How do you know they haven't been ....??

SS ... yes the SMA, according To TradingView dialy chart, today, so yesterday's close, showed the 200 day MA at 6.66p and the 50 day at 6.65p ...so the cross will be today. I assume you meant the EMA in your first comment....

"Nice to see that Buttermilk is getting a warm welcome now he only posts positives. ..." As opposed to boiler-room rubbish you mean? Rather, the boiler-room short is closed and the new game is long ... And one comment from Seis is all.... hardly a fanfare ...

"p.s. the graph doesn't show the golden cross - but it is certain to happen, mathematically." No, that's why I wrote "we SHORTLY will see a golden cross ..."

"Funny - I've been reporting on all this for weeks and not a positive comment" ... Maybe because you obfuscated looking for a supposed cheap buy in price instead of being positive and clear about what the chart purports to show, like me? And by the way, the phrase "golden cross" has not come from your keyboard anytime since the end of February..... 😁

"Meanwhile sp drifting down as predicted early last week, look out for 3.35p to 3.4p top up's if you can get them. GLA." We finished at 7.6p .... as you didn't predict ..... A RISE.... As for the "mistyped" top up prices of 3p .... Oh, the irony of GLA.... You do ask for it.

Selling for undervalue would be a cardinal no, no and risk not only Deloitte's insolvency practice, period, but their reputation globally! No.

From a TA perspective, JLP has not only broken out of the top of the downward channel of the last 3 years, which is enormously positive, but as long as the current trend maintains we shortly will see a golden cross of the 50 day moving average price up through the 200 day moving average, another incredibly positive event, technically. When these things are picked up, as they will be by trading programs, we can expect to see some fireworks..... https://twitter.com/DilBradly/status/1788304657619562745

Chart here: https://www.dropbox.com/scl/fi/e17kel4m6ogxxx54whk5u/Golden-cross-and-breakout.png?rlkey=gpg07rohuxp23bpbz2v2uz65q&dl=0

Interesting that none of the usual doubters has taken issue with the logic that if it takes £3.5 billion and 10+ years to build a mine that produces 100kt of copper/an then why wouldn't an investor looking to get a slice of the copper pie be prepared to pay at least that for a company that will shortly be producing that amount of copper plus 2 million tonnes of Chrome and PGMs ..... and can carry on growing, unlike the mine... and start to pay back immediately, also unlike the mine.... As they say up north... "Think on't ... "

Not on my view of L2 .... If it was 2 x 500K they transacted at 12:30 at 7.5p.

Sibanye-Stillwater comfortably beat RBC Capital Markets' estimates to adjusted Ebitda thanks to a strong performance from its U.S. platinum-metals business, the Canadian bank says. First-quarter production at Stillwater--the South African miner's PGM site in Montana, U.S.--was 11% higher than RBC's forecast, helping the all-in sustaining costs per ounce to be 18% lower than the bank estimated. "We expect a positive reaction to today's results given the better than expected performance and the reiteration of guidance," RBC analyst Marina Calero writes in a note. Shares are up 4.4% at ZAR23.01. (christian.moess@wsj.com)

This is funny.... 8 months and getting impatient.... hahahaha....

HDS, and with the greatest respect, that is ALL speculation and opinion. As I have said before, the absence of a RNS does not mean an event is NOT happening.... just that they don't consider it necessary or worthwhile to issue one. Commissioning, which is but a part of the overall activity, may well fall into that category.

Hello Jack, trust you are well? To me it is preparation for a step up in corporate activity and to put JLP in front of a new audience of investors. AIM has suited the company with its flexibility over the years but with IRH underpinning its finances and agreeing a long-term strategic partnership, it signals a new phase and the company needs to get away from the wild west nature of AIM and look to a main market listing at some point. Having a heavyweight like RBC onboard gives it credibility and access to global sources of funding, influence and opportunity. It can only be viewed as good news.

How long has it taken to build the Chrome business to 1.5 million tonnes? We don't know what that figure of $6k is for.... I have challenged Neal and Leon to clarify it already. We don't need to process tailings to get to 100Kt/an. Its what value an acquirer would ascribe to getting that production and then all of the future growth which a single mine would NOT give them .... That is where the value lies.

I am saying that the investment needed from a standing start to be in a position in 10 - 15 years time to be able to produce what JLP will be able to produce in 18 months to 2 years is an estimated £3.5 billion. If you were going to invest, which would you put your money into given that it would start to pay back immediately in JLP. Therefore why wouldn't it be worth £3.5 billion in that time? Maybe you can explain?

I'm sorry.... where have Berenberg sprung from?? It was RBC that was appointed recently.

As was pointed out on the other board recently it is estimated that it would require an investment of £3.5 billion to open a mine with a capacity of 100kt/an of copper. In 18 months JLP could be ready to produce 100kt/an of Copper plus Chrome plus PGMS.... not in the 10 - 15 years it would take to open a new mine. £3.5 billion would value us at over £1 per share and the acquirer would be getting production NOW not in 10 years time. As has recently been quoted, Goldman too are now forecasting $15,000 Copper, as I said..... people need to wake up to the REAL potential here and start investing accordingly.

8p paid .....

Full ask being paid for some chunky trades..... looks good.

METALS – Copper back up above $10,000/T on Fed rate cut hopes

05:55

May 7 (Reuters) – Copper prices in London rose above a key resistance level of $10,000 a metric ton on Tuesday, buoyed by renewed hopes for U.S. interest rate cuts this year.

Three-month copper on the London Metal Exchange (LME) rose 1.5% to $10,061.50 a ton by 0415 GMT, while the most-traded June copper contract on the Shanghai Futures Exchange (SHFE) was nearly flat at 80,920 yuan ($11,213.35) a ton, hovering near the record high of 82,460 yuan. ...... A softer-than-expected U.S. labor market report on Friday led traders to revive bets that the U.S. Federal Reserve would ease monetary policy as early as September.

Lower interest rates could lift metals demand by boosting economic growth. They could also lead to a softer dollar, making greenback-priced metals cheaper to holders of other currencies. ...... Last month, top consumer China announced subsidies for scrapping old cars in exchange for new ones to boost car sales, especially for electric vehicles, which consume nickel in their batteries. And of course COPPER....

But actually, Gray, from JLP's perspective how long the period for the loan to be paid back is irrelevant..... The figure overall of estimated 42% to JLP has been quoted in the past, the 12% being fees for planning, running and managing the operation.

Copper percentage is 1.5% on average..... I acknowledge you say your 1% is conservative, but 1.5% has been consistently quoted.