Member Info for Gray1

I'd forgot and I knew you would know thank you.

Where did I say he was a liar? I just said they have failed to deliver what they said they would do consistently where copper is concerned. If I kept telling you I would meet you every Thurday at 4pm and kept failing to turn up even though I meant to would I be a liar or untrustworthy?

Gotreal what is the expected copper output for a 50k ton module and a 20k ton module?

Roan will be 50k ton and project M 20k ton I believe.

Roan is being built and project M on order is that right?

Taken long enough to sort Zambia gotreal (and it isn't yet). DRC another distraction at the moment never said it can't be done sometimes it is better not to bite off more than you can chew.

Edzi agree get Zambia sorted first.

Still a war zone gotreal they will have different problems to overcome not saying that isn't possible but it won't be easy.

Heard this sort of stuff about Roan gotreal and it is good to hear but it is just words now. I will only believe it when they start delivering it too many false dawns they have lost credibility and need to rebuild it by doing what they say.

You do know DRC is a war zone Mikie? I don't expect much from there in the near future just get Zambia to work first.

A good relationship with Zambia is good Mikie but they don't run JLP .

Basscadet they will as long as they work. As investors we have no proof of that yet. Until I see JLP put out how much went through one and how much copper comes out we won't know. Hopefully that will be made clear in future RNS and not some obfuscation RNS that leaves more questions than answers.

I thought the new modules were cheaper than that Bushy 6.5 mill for 50k, 3 mill for 20k each that is. I daren't add the rest of the others up it is too depressing.

Gotreal I don't know how much has been invested but so far even the most ardent of JLP supporters can see it has only produced a trickle of Copper so far.

My average is 8p. I could have taken some off the table at 20p but didn't as I believed Leon's hype and my greed played a part also my fault.

I am more in hope than anything that the modules work we have no actual production numbers as yet so I can't be as optimistic as you. Despite some of the things Bushy says (he could tone it down a bit) he is the only one to call the sp right and has highlighted on numerous occasions that there has been and is problems with the copper grades causing issues.

I was very optimistic about this company a few years ago but sadly it has failed to live up to expectations I am more in hope than expectation that I will get my money back fingers crossed for the modules to work as expected and the leaching tailings process is successful.

We only have JLP's word on that at the moment and my confidence in that is tenuous at best considering past statements and performances. Hard numbers is all that counts for JLP now. I live in hope for now Good luck everyone invested here.

Happydays I don't believe the market is listening any more too many false dawns. Leon has to produce the numbers now he has had enough chances.

Interesting don't know accurate that is Bushy so why not go for 50k surely that is cheaper to run than 2x20k and produces more. Have they put out any running costs on these modules apart from build cost $3 million for 20k and $6.5 million for 50k to compare the them? Or will some only have enough material for a 20k capacity?

Ok thanks seisnav

Sorry to seisnav

Jonah

The 20k module they are building on project M that was going to be a 50k one. Will they not upgrade their capacity then? Or is it cheaper to just keep building new ones? Just asking the question. I don't know do you?

Also to upgrade from 20k to 50k would that mean another shutdown and loss of production and costs of build will only go up.

On your figures Jonah 20k payback just over 6 months

50k just over 5 months. I used your costs for the 20k on the 50k example. I would expect them to be smaller for a 50k. So I would go for the 50k personally.

It does seem as though they have limited cash because of all the other things going on as well.

They are always a bit vague when it comes to total Copper, concentrate and cathode. Maybe I'm just thick lol

Mikie yes 50k dropped to 20k is that because it is cheaper or quicker to get going. I would have thought similar time frame for a 50k as a 20k so why the change? Conserving cash? Did they explain why? I can't see anything about that.

A module takes 8 months to get up and running so it is unlikely another module will add any extra.

Get the total Copper with the Sulphide included Seis but if the 3rd quarter is not close to 2.3k tons there is much more pressure on the last quarter to hit their forecast.

I won't be surprised if they fail to meet the forecast as they still have a lot to do but if they are in a position next financial year where Roan is hitting 5k, project M 2k, plus sulphide, plus a third module and the Glycine leaching works then finally we might see the sp move up a bit.