Member Info for Gray1

You still digging troublesome sounding a bit desperate now.

You seem to have a lot of repressed anger in you maybe it is because you can't vent that anger out on defenceless children so come on here to vent it

He said free life in the middle east where they would be given free accommodation, food, heating etc. He wasn't comparing expats going over to work or being able to support themselves. You missed the point asi.

He was making the comparison between how well asylum seekers are treated here and how well would someone from Britain fare in the middle east illegally entering the country and claiming asylum. Personally I have no idea how they would be treated suppose it would depend if they were signed up to the HRA etc.

You aren't at school now beating children:)

Thought you would be in Africa by now supporting your ancestral home:)

Not nit picking Gotreal but it does say targeting not supplying or producing from it unless I missed something.

It does say capacity to produce not producing.

Is there anything anywhere that says how much was being sent regularly from G and over what time frame? I don't remember anything.

Maybe capital allocation for leaching at Roan, Sable upgrade, debt repayment, LWP repayments, mining, drilling at M & G come first and they are waiting for the payment from the sale closing. They can't commit this until they have it. Who knows send the FD an e-mail maybe he can enlighten you.

Difficult to allocate all capital when they still have $10 mill second tranche payment for the sale still to come. See what happens once the sale is finalised.

Native American Indians came from Asia so maybe they should give the USA to the Chinese:)

Being indigenous to a country is how far back you can trace your ancestry not who was here at the beginning of time.

If you can go back at least 5 or 6 generations then that would make you indigenous. First and second generation migrants probably not but they are building an ancestry within the country they live in.

If I went to live in India and my children and grandchildren both are born and live in India. I wouldn't call myself Indian because I am British. Neither would I say I was or my family was part of the indigenous population. Once your siblings, grandchildren marry into and have children with the Indians then you become more integrated and their children and childrens children become part of indigenous population. That's my opinion anyway.

What happened to LLoyds has it gone out of business off topic posts have exploded here.

Might depend on receiving the second tranche of the sale Happydays.

Nice one Seis we are pretty close with our predictions like you say no Roan front end, G or LWP. They just need to keep doing what they are doing one step at a time.

They weren't very good at quantifying probabilities and exposure for ppi. Someone must have put the wrong data in:)

A bonus for this FY that is:)

It was Gotreal but not much consistently still has to be drilled and mapped and a production plan but in place so I have discounted it for this FY as there is a lot of work to do and some equipment will need upgrading on site. If it does start to deliver on a consistent basis, ramping up then that will be a bonus for me

Just seen your post Seis I have it at 200T/month also.

Production increase was always about the second half of the FY. The 65T/month from processing the fine copper pushes Roan to almost 1.1k/Quarter for the second half of the year add the increase in production ramping it up from 30k/month processing to 40K and this could takes Roan into an excess of 1300 tonnes/Quarter add an incremental increase from M from 3.5k/month to 8.5k/month at 2.5% copper extraction (could be higher) and it is another 80T increasing to 200T/month more. Just from these alone we could be looking at 1800 to 2000T/Quarter mainly oxide by the end of the FY year.

Roan front end, Project G and LWP to come on top of the above. Still lots to do it will take time but looks promising long time since I have been able to say that about copper. Seis you will have to change your spreadsheet after this update for copper production interested to see where you think it might be come the end of the FY:)

I don't expect anything from G this FY Seis. Sort M move onto G expect them to start drilling and working out a production plan there in the second half of FY.

" Roan set to increase copper concentrate deliveries to Sable refinery on the back of a 30% expansion of the current filtering capacity to incorporate the fine copper concentrates currently stockpiled on site at an approximate rate of 65tpm of copper contained in concentrates."

Expanding the current filtering capacity by 30% doesn't mean production is increased by 30% as this incorporates the fine copper concentrates which will have less copper in it than normal. It is basically fine tuning the operation to maximise the efficiency for copper extraction from the material they are processing. That is my understanding of it.

On first reading that is one of the clearest RNS JLP have ever put out building slowly as expected. Forecast revised downwards a little but rather do it now than in the last 3 months of FY. See how the partnership discussions go and M delivery hitting its target to Sable by end of the 3rd quarter.

I expect movement to start on these fronts once the sale goes through but it will still take another 6 to 12 months from Jan 26 to ramp up the copper production. This FY is all about putting these things in place. I will make a judgement on where they are in July 2026 compared to the process of work they previously outlined see how close or how far away they are from that.

For now let them get on with it see what each subsequent RNS brings. I expect them to miss the 5.1k copper target for this year somewhere around 4 to 4.5k as it looks like Roan is hitting around 900k a quarter. See how close I am or how far out I am it's just my opinion with what they are producing now and the work they still have to do which doesn't really start to take effect pretty much until the final quarter if you go by the timelines they have given.

Nevertogiveup, the operational update they referred to was the chrome/pgms which came out 11 days later. They gave you the copper on the 6th of Oct so still not sure what operational update you expected. The only thing delayed was regarding the mining partner which we have had no update on maybe there is nothing to say. The audit and sale they have kept us up to date with as it progresses.