Member Info for gotreal

The Draslovka solution can also deal with Chalcopyrites, which make up the majority of copper resources, Charles, so we are well ahead of Jetti in that we are actually operational and profitable for years. But the ROM opportunities open to us are far richer than low grade suplhides which is why that is where JLP is focussing in the near term.

What is the best estimate of the company's cash position at present?

Oh, go away with your platitudes, Kalan. You trade this share...stop pretending you have any interest in it as an investment. You are "nervous" that you might miss out on a quick buck .....

LIH.... I think many are becoming a little tired of your fanboy ravings.... In the circumstances it isn't really appropriate.

This too is worth reading: https://www.mining.com/web/traders-pile-into-bullish-copper-options-as-output-cuts-loom/

Tich... I suggest reading this article to get an understanding of the market dynamics: https://www.mining.com/web/chinas-top-copper-smelters-agree-on-rare-joint-production-cuts-sources-say/ And, no, copper concentrate prices are very unlikely to weaken.

Charttoper: "Gotreal, it’s not exactly a mystery, don’t you keep an eye on the prices" Uuuurrrggghhh ... Yes, I do. I think what you believed is a comment on the concentrate price is a typo/missed wording. From your source... "The decision came as copper concentrate prices plummeted to a decade-low, impacting smelters' profitability. " https://tradingeconomics.com/commodity/copper What it SHOULD have said is "The decision came as copper concentrate PROCESSING prices plummeted to a decade-low, impacting smelters' profitability...." Try this "The agreement, made at a meeting in Beijing, comes as fees to process copper concentrate on the spot market have dropped to their lowest in more than a decade." Source... https://www.mining.com/web/chinas-top-copper-smelters-agree-on-rare-joint-production-cuts-sources-say/

It would be odd now, wouldn't, it if they are having to drop production because of a shortage of concentrate to process but the concentrate price drops to a decade low at the same time??

Why doesn't it....?

Kalan, arguing a price based on today's spot prices and ignoring the future growth of the company is facile. Yes, there are times, for various reasons, when what the market values a share at and therefore its "market" cap. is totally disconnected from the intrinsic value of the business. Sentiment best sums up these mysterious forces and the charts you so slavishly follow can help interpret the effects of sentiment; the mood of the crowd. But the crowd acts like a herd or flock, behaving like sheep because frankly no one can predict the future, your charts only show the past. What we do know is that those whose aim is long term growth of their funds want to see a well run company with a logical plan as to how to grow and increase profit at minimal risk. The running of JLP has raised a number of questions in recent years and the share price reflects that as well as the fact that PGM prices have moved against it when it doesn't yet have a well established alternative revenue stream. However the spade work has now been done, the big money has approved the plans and we can all see the green shoots of the future. The tide is turning, sentiment will change and can flip like a coin; value will out. And traders like you will dip in and out and use your cunning to try to make a quick buck. However your portrayed sagacity didn't really help with JSE, or WRES, or SAV or GLR now did it?? Where were your charts for those failures......

Maybe, charttopper, you would like to cite your source for "copper concentrate prices are very low at the moment.... " 🤡

Surely that's obvious ......

Hope you don't die waiting, OLDapache.... 😉

Aren't you a clever boy/girl..... Why people think others are interested in their piddling trades escapes me.....

Do I detect a Eurovile?

Utter rubbish.

Of course they do, Joe ...... 🤡

Kalan can't resist it....

Leematt still lying I see.....

Perhaps, Roger, you haven't got a clue ......

Where did you buy that crystal ball, roger......