Member Info for Happydays43

He really needs to let us know why the Front End is such a dud? Even if it can process 10 000 tons of ore a month its no where near its original design.

They have had 2 years to get it working after the water and electrical and paint issues. Time to let us know why its just sitting there??????????

I do find it odd when there so much to do at the original Molefe they want to spend money they don't have on more exploration.

Look how long it takes to develop 1 molefe... its going to be another 12 months before we see anything built there if it even happens. Rainy Season starts in November and I doubt there will even have the plans approved yet... they already said they have to do redesigns because of the fuel price hike... utter rubbish.

Leon mentioned a few times this year that Roan Front End might start up in June.

Why mention it if it doesn't happen?

Good thing Leon said they are now redesigning the Molefe modular to be more efficient because of increased fuel costs.... we wouldn't want a sub par modular. Well done JLP. Maybe you need more time.. another 12 months not a problem... just get it right

Seis, how does turning the corner look to you?

Gotreal aka "Captain Titanic"... my old nickname for the looney

Interesting to note that the last time we were at 2.5p was March 27 2020. Since then most markets (Dow and S&P and many others) are close to all time record highs. I sell off in international markets would do wonders for JLP - NOT

They already shown us guidance of i think 80+- Tons for Molefe and i assume 220 -300T for Roan...

Not going to be anywhere near guidance yearly.. market has already sniffed it out.

Whats important is how many years can they mine Pit 2 and 3. How deep can they go... too many unknowns. What about Pit 4 to 9... not much said about them.

What about the gold Leon spoke about?

Why do ANY share options need to be attached..? you plank

The big test will be how much Molefe/Sable produce end of September 1/4 and are Leons numbers correct.

I'm patiently waiting for the Front End to come into action.

A good start would be getting the Front End up and running and announce this LWP deal by end of June as per there " internal targets" suggested.

You probably right Bobbill.

Leon did keep going on about how the design had been tested by there in house development department and how it was hitting targets... but in reality it's never really worked as they said it would... very disappointing.

Whats more frustrating is that Leon says nothing. And now he calls it's an "option" when it was meant to be Roans saving grace...

I would like to hear that the Front End is up and running.

Leon says they have an "option " to start using the Front End in June... I wish he would explain why it's an "option " why not just use it... since it cost so bloody much

Then an announcement of the LWP partnership sometime this year will be the cherry ..

A quarterly on quarterly rise in copper production should increase the share price.... at least that's what I'm hoping...

Would be nice to cross that 1000 ton per quarter mark!!

Frog, lets hope we see a nice rise in copper production this quarter.

With the dryer at Roan up and running and more material been delivered from Molefe maybe we will?

He got the "what could go wrong" part right since this article is 6 months old

"Risk Factors: What Could Go Wrong

I’m optimistic about Jubilee’s prospects, but no investment is without risk.

Execution risk is the most obvious. The Molefe processing modules need to be built on time and perform as designed. The company has experience building processing infrastructure from its work on Roan, but modules at a mine site have their own challenges.

Construction delays, cost overruns, or underperformance would push back the timeline for filling Sable’s capacity.

The Large Waste Project partnership needs to close on acceptable terms. If negotiations drag on or fall apart, it could delay the LWP rollout by six to twelve months or force Jubilee to fund it internally, which would consume capital earmarked for other projects."