Member Info for Gray1

With inflation as high as it is they shouldn't cut it Gunsup shouldn't have cut it last time in my opinion we shall see.

Darth,

Shadow banking the problem as I see it is that it isn't known just how much exposure the banks have to it and also the second and third party knock on effects.

HSBC and Barclays appear to have more exposure than LLoyds. I haven't seen anything where LLoyds have put a figure on their exposure have you?

No 6 is funny Kalan made me spill my tea lol

STP

"Yes troublesome, the usual suspects behaving like kids. They simply can't resist going off topic, resorting to abuse, as if the forum was for their exclusive use and membership was ny invitation only. You really wouldn't believe these are grown men in their 50s and 60s."

Would be nice to get rid of things like this STP I agree:)

and this:

troublesome

"Reminds me of groups of football supporters who cry when their team loses and live with their mums with their bedrooms full of posters etc"

Far too much of this going on Admin need to step in, Board is for LLoyds discussion.

There does seem a concerted effort by the Labour supporters on here to continually push their Labour agenda whilst adding the odd comment on LLoyds in their comments also continually claiming faux abuse when pulled up about it. Time they stopped behaving like children and admin banned them.

Sorry Chips:)

Some will be more in it than others Chid:)

that pointless speech has really helped the lloyds share price. if they are going to break their manifesto and increase income tax or vat just say it instead of ***** footing around.

More like a party political broadcast at the moment full of soundbites and saying nothing complete waste of time:)

That is pure speculation Paddyk we could have done worse:)

Just comparing STP's analogy that LLoyds sp has done well under Labour and Lloyds SP has done well under Brexit but of course you knew that.

As another viewpoint the EU economy has out performed France, Italy and Germany since Brexit which may explain why LLoyds has done so well being a LLyds shareholder who has an average of 32p makes me particularly happy with how LLoyds and the UK economy has performed over the last 4 years sice Brexit.

They always said they would return to Cobalt when the price was more favourable but after the Cobalt price collapsed news on that part of the process wasn't updated if they did anything. However If they did remove the bottleneck then it would be a nice little earner at the moment whilst copper ramps up.

Seis,

With the amount of copper being sent to Sable to be processed at this moment in time I would think there is spare capacity at Sable to switch between them both maximising production at Sable.

Using the same analogy STP you would also say LLoyds has done extremely well with Brexit wouldn't you agree? Especially as LLoyds is a bellweather of the UK economy which would suggest the UK economy has done rather well also since Brexit mirroring Lloyds.

LLoyds 89p and maybe AI has a sense of humour after all:)

Depends what your expectations are Harmprof. They have outlined what they plan to do so for me and my expectations:

Copper for year 4 to 4.5k. Hopefully they will beat that.

An overview of resource at Project M

Project M delivering a constant amount to Sable with concentrator on site

Project G exploration phase

Deal for LWP with construction planned or in progress

Leaching completed at Roan

Roan front end in production

Sable upgrade completed

Completing all this to put production in place of around 800 to 1k tonnes/month by July of next year. I may have missed something as I said earlier lots to do. It won't be quick. See how it goes:)

There is only so fast they can go Harmprof and all the cash doesn't arrive in one go. Personally I have said I think this year will be slow going as they have a lot of work to do and it will take time. Exploration at M and G won't be quick as we already know by how long M is taking.

A deal for the LWP would be a nice catalyst for both the sp and production of copper but even if one was struck today it will still take a while yet before an increase in copper production filters in. I am not expecting much increase in copper production per month until the last quarter of this financial year so for now it is a waiting game and let them get on with it.

Apart from the front end at Roan which I would like to hear more about see what the next update brings. Back to watching and waiting for now.

Because he/she didn't like the comments afterwards so they post snide comments about it hoping for a response so they can get the thread removed.

I think that is a realistic post Kalan. I am thinking along the same lines as well let's see how it turns out.

Maybe Shuvlin only another month to wait I suppose:)

Happy to wait. I put this FY more about putting the building blocks in place for copper so not expecting fireworks. They might struggle to reach 5.1k copper for the year with what they have posted so far around 1.8k from Roan for the first half probably not much from Project M in the first half.

Will have to produce around 3.3k for the second half which is 550k/month. See how the actual production pans out as we go along. I would really like to see them in a position to be able to produce 800/1000 tonnes a month by July next year.

I would be happy with that and steadily increase it as the next financial year moves along. That would put them in a much stronger position especially with cash from the sale to keep coming in.

RNS is no big deal Chrome is down which was to be expected and pgms down but not by a huge amount due to less chrome being processed. Disappointed the financials have been put back to the second half of November though what's taking so long?

Back to watching and waiting for another month:)