Member Info for Gray1

True Craig I am neither half empty or half full just see it for what it is:)

When the directors took shares as salary some people say "why didn't they take more?"

When they cash them in some people say "why are they selling?"

When they buy some back some people say "why didn't they buy more or I have more than them"

Doesn't matter what they do they can't win with some people lol

More good news.

Follow the numbers:)

Fair enough Thegambler that is your position and opinion.

Why do you think the ii's are buying at 11 to 13p? Do you think they expect it to drop back to 6p and it is all hype?

What do you think this years revenue and net profit will be? eps? pe ratio? Appreciate your thoughts on these also:)

Well, well, well Jupiter on board nice vote of confidence as I said before all smoke and mirrors follow the numbers. The sp will.

Managed to take advantage of the drop and bought some more at 10.2p. Delighted with that, hope some more have, didn't think I would get that lucky to buy at that price again. It would have been rude not to:)

Bugle is polished Mikie all ready to signal the charge of the elephant light brigade.

Nutters lol

It's all in place now. It is all about the numbers everything else is smoke and mirrors.

Just waiting for the bugle to sound the charge of the elephant light brigade (I can almost hear it Mikie).

Whilst I am not quite in the rarefied atmosphere of net profits that Mikie is in not enough oxygen for me and I would start to get giddy (hope he is right and I am wrong).

There is no doubt an herd of elephants is on the way and if Jubilee do nothing else but deliver on what they have then this is only a blip for the sp it is a no brainer it will go higher. We can all speculate on how high:)

Then again Leon may pull another elephant out of his giant hat as Jubilee are now in a position to cherry pick the best prospects.

It won't belong before the sound of our elephant stampede will drown out all other noises:)

I think Cobalt has another separation stage (read it somewhere in an RNS but can't find it now) so there may be more processing costs but we should still get a good margin on it at today's prices.

Mikie,

I believe phase 1 of Roan targets 400 tons of Copper a month and it ramps up over 3 phases so we may not hit 1k tons per month until some point in the next financial year.

As for the share price and Tr1's. I don't believe issuing TR1's will have much impact on the sp.

All we have to do know is wait for the production numbers to come in and the sp will track these and rise accordingly all good we just have to be patient:)

Moneyhawk you are right Copper has been given priority at Kabwe but I think they were looking at expanding the process to include Zinc:

Sorry a year not a month:)

Found it 356,000 tons of zinc target production of 8000 tons a month:)

We have Zinc at Kabwe Ray just wondered how much and if we had started processing it.

Sumoskier 50p a bit high for me but there are so many variables it could be possible.

If it was me I would shout it from the rooftops if the Copper strategy was paying off so hopefully we will get a quarterly update.

Anyone any idea on Zinc and its potential also?

Yes the herd is getting bigger. Like your figures hope you are right and if Copper goes to 10k dollars then the bottom line just gets bigger:)

Cobalt is the interesting one. Not sure what the processing costs will be for this but if it is the same as copper then we have another elephant in the room. I don't think it will be as good as copper so maybe more a baby elephant but still good all the same:)

Attributable earnings how jubilee report it is revenue:)

I assume you mean £100 million to be revenue as our attributable earnings was around £30 million for the first half of the year.

Love your optimism Mikie but £100 million operational earnings is a bit too optimistic for me but assuming your are right what net profit do you think this will produce bearing in mind we had 38.8 million costs on £54 million operational earnings last year?