RE: Ad blockers30 Nov 2023 10:05
To bring it to the top again...
Will you ever shut your LYING mouth....?? JLP has only been in Zambia for 4 years, of which 2 years was the time of COVID shutdown, no time at all in regard creating a new business, building and acquiring infrastructure, processing a new metal in a new political and logistical environment, and yet you try to represent this as 4 years of failure whereas they have built a business that last year generated $6,000,000 operating profit from copper alone. Somethign YOU could never do, but as ever the armchair CEO. They already had a commercially viable process for ROM, it just needed developing to accommodate the reality of the intermittent power supply, hence the change to a modular approach that removes the criticality of centralised processing and reduces costs by only transporting concentrate to Sable. The modular approach has been used for 5 years in S Africa and in Zambia they are simply replicating this with these mechancial upgrading units which have been proved to work:. "....fed to our operations, it is this breakthrough development that we had finally RESOLVED in our development center in Zambia and it's this development that has finally opened up our ability to now expand into Zambia".
Sable was acquired cheaply, refurbished and brought online in projected timescale but has a "replacement value of multiple hundreds of millions of dollars". It is producing copper cathode and is ready to take the increasing feedstock from the processing modules. How you can call it a failure is just a LIE.
With regard trust, the company is not just Leon even though it seems that way because he has been the public face of it. There are tens and tens of highly skilled engineers behind him and senior execs, all with reputations to consider, alongside him. You think they are all going along with him making up stories?? The company is operating in a novel environment in what it is trying to do and they have had to learn to an extent from finding better ways of doing things as circumstances change or develop.
They employ hundreds of local people, work with local communities to improve water supplies and conditions and are cleaning up materials previously thought as waste which they turn into profitable product and have acquired stockpiles of waste to guarantee operations for 20+ years containing metas worth TENS OF BILLIONS of dollars.
I am sick and tired of your LYING in an atempt to represent everything about the company as failure whereas in reality they are an enormous success story with close relationships with key government contacts and the backing of government in what they are doing.