Member Info for gotreal

Jonah, if you read the last RNS he talks of scaling Sable up to 16,000 copper units per year ...that's definitely tonnes. I think the phrase is useful becuase it describes contained weight of copper regardless of what form it is in.

EH .... with reference to Roan, we are producing 600 Copper units / mth... thats 600 tonnes of Copper metal irrelevant of whether it is in cathode or concentrate form. Obviously as a concentrate we will be selling several times the mass of concentrate than if it were cathode. Typically it will have 30%+ of actual Copper content but we will sell ~ 3 tonnes of it meaning 1 tonne of actual copper. The key word is "units" meaning tonnes, regardless of the form it is in.

Your post is just UTTER MADE UP BULL!

Your post is just UTTER MADE UP BULL!

You are talking out of your RS!

Key information

Debt to equity ratio 6.9%

Debt UK£14.17m

Interest coverage ratio 4.4x

Cash UK£12.66m

Equity UK£204.66m

Total liabilities UK£95.48m

Total assets UK£300.14m

Short Term Liabilities: JLP's short term assets (£98.0M) exceed its short term liabilities (£77.9M).

Long Term Liabilities: JLP's short term assets (£98.0M) exceed its long term liabilities (£17.6M).

Debt Level: JLP's net debt to equity ratio (0.7%) is considered satisfactory.

Reducing Debt: JLP's debt to equity ratio has increased from 5.2% to 6.9% over the past 5 years.

Debt Coverage: JLP's debt is well covered by operating cash flow (218.8%).

Interest Coverage: JLP's interest payments on its debt are well covered by EBIT (4.4x coverage).

There was no irony invovled ...... 😆

BushyTailed

Posted in: HUM

Posts: 3,871

Price: 9.25

No Opinion

RE: GP9 Nov 2023 14:33

What's pre tax cash flow, is that what we call EBITDA??

Thus spake the sage of LSE ... 😂🤡

Drizzy90

Posted in: HE1

Posts: 1,611

Price: 0.371

No Opinion

RE: At least 150% todayToday 08:11

Moving much higher it seems. I guess I was wrong!

.7 Finish easy

STOP SPAMMING THE BOARD

"Autodesk expects the proposed acquisition of Payapps Limited to complete during Autodesk’s first quarter of Fiscal Year 2025, ending April 30, 2024. Accordingly, it will have no material impact on Autodesk’s fourth quarter and fiscal year 2024 guidance presented on November 21, 2023. The foregoing descriptions of the contemplated effects of the proposed acquisition are subject to the acquisition’s completion and Autodesk’s ability to successfully integrate Payapps in all respects." So possibly 3 months before its done....if its done.......but as they have been collaborating for 2 years already that's a given, surely.

Chinese copper smelters propose output cuts amid tight concentrate supply – sources

07:44

BEIJING/HANOI, Jan 26 (Reuters) – China's top copper smelters on Friday proposed production cuts among themselves, sources said, as tight supplies of raw material pushed treatment charges to a multi-year low.

The China Smelters Purchase Team (CSPT), a group of the country's top copper smelters, also proposed a floor level for treatment charges (TCs) – one of smelters' main sources of income – at $50 per metric ton, three sources said.

"This appears to have been an emergency meeting in response to the tight concentrate market which is seeing terms now as low as the $20s for sales to smelters," said analyst Craig Lang at CRU Group.

"The CSPT account for around 76% of China's copper smelter output, so any coordinated response to cut production would be expected to take some of the heat out of the concentrates market in the near term," Lang added.

Tighter concentrate supplies are due to disruptions such as the closure of First Quantum's Cobre mine in Panama and Anglo American cutting production guidance.

The scramble to secure supply has meant Chinese smelters have had to accept a cut in TCs, a fee for converting concentrate into refined copper. An index provided by pricing agency Shanghai Metals Market of imported copper concentrate fell by 33% this week to $27.94 per ton.

(Reporting by Siyi Liu in Beijing and Mai Nguyen in Hanoi; Editing by Muralikumar Anantharaman and Michael Perry) ((Siyi.Liu@thomsonreuters.com;)

HDS....I think the 50% was a way of indicating how operational it is....I don't think it was meant as its running at exactly 50% and producing excatly 600 tonnes, ergo at 100% it will produce 1200 tonnes; I think that is being too literal. As for Bushy... he knows SFA.

You are in the wrong stock, Summit...

That's a dangerous game.....

What are you driveling on about....?

BRIEF – Goldman Sachs Expects Copper Market To Be In Tightest State Since 2021

23 Jan 2024

Jan 23 (Reuters) – GOLDMAN SACHS:

Copper Market This Year Is Set To Be In Its Tightest State Since 2021, With Anticipated 428 Kt Deficit Set Against Just 260 Kt Of Current Visible Stock

Whilst Copper Market Still Faces Period Of Seasonal Surplus In Q1 Before The Deficit Inflection From Late March, Absence Of Visible Inventory Builds So Far This Year Suggests That Earlier Tightening Cannot Be Discounted

We Continue To Target Copper To $10,000/t On A 12 Months Basis

We Estimate China Copper Demand Will Grow 2.5% This Year

We Now Project 2024 Global Copper Output Forecast To 23 Mt

Summit ....you are full of ..it. What a ridiculous statement .... I spit on it.

Chester ... if it wasn't apparent to everyone before, this is a prime example of how the Bushy avatar is prepared to LIE about anything to try to undermine confidence in the company. It also shows how little some of the people behind the avatar actually read or know about how the market operates. The LIES have been exposed yet again this morning but "he" blithely posts as if nothing has happened .... 🤡

Because a few piddly short-term traders and nervous nellies have traded a few shares on the back of the update which they choose to or just wrongly misinterpret - thats you. Volume is tiny, this price action is irrelevant... and all the major IIs who were invested bought MORE in the placing! We are, RIGHT NOW, producing 600 tonnes/mth of Copper through Roan and the Copper spot price is heading to $10,000/t. Chrome revenues are ramping up and we are funding expansion out of FREE CASH FLOW. And even at current prices when the competitoin is scaling back we are still profitably producing PGMs....

"Tharisa pushed out the completion of its $391m Karo Project a year to June 2025 but has not discounted implementing further delays if the PGM price deteriorates putting pressure on the balance sheet. Pouroulis said today “(perceived) excess inventory in the PGM pipeline” remained in evidence."

And we will exceed their Chrome production this year. I could go on but there's too much to list.... What's not to like? 😃

Underwriters only pick up shares that are not placed...they are back stop guarantors. Now shut up.