Yes, i really don't understand why they recently lowered the bottom end of the yearly forecast. 4500 tons i think. Leon just said he expects significant growth this year... a bit of an oxymoron.
I think they should get this copper quarterly's out soon!
Might be in for a shock with regards to costs at Molefe.. they digging up 70 to 95 thousand tons a month... and at the moment they only transporting 4500 tons to Sable to which they supposedly producing 100 tons of copper per months... costs are going to be through the roof until Leon actually builds this module that also seems to stay an "planned" status.
As I said before this building of the module at Molefe really should have started in order to be completed by July. Let's hope in January that Leon announces that parts have been ordered and concrete foundations are been poured and water and Electricity are been planned/sorted!!!!!
Do we actually know when we getting Jorc report for Molefe... because after reading all the RNS and listening to interviews there is still no clear date. All we know is maybe 6 months from now.. ( he did the same thing 6 months ago)
Has the partner for the LWR project that was meant to finalizedin December now disappeared again or now doing more trials...until maybe end of next quarter? Because after listening to all the interviews and reading all the RNS I'm still confused?? Leon said end of December now nothing...Just a strange note in the last RNS that no one understands.
Is the module at molefe going to be built now and commissioned by July next year... Because after listening to all the interviews and reading all the RNs... I think so but I'm still not sure... I would have thought construction would have to had started already!!!!!!. 6 months to build a module and have it commissioned by July seems totally unrealistic!
Is Leon dangling carots again.. seems like it.
Is Leon going to have a job if he misses targets again.. I highly doubt it!
Which makes sense how they get to 300 tons per month. He said they would triple current production ... 2 x module at 0.7% would give more less what Roan is doing.. about 300 tons per month.
Roan is quite a massive plant if you look at the videos... i'm still wonder how they going to get the same copper output (equivalent ) from a smaller cheaper modules...
Anyway... i'm completely guessing here. I'll have to wait and see.
In the latest interview Leon was asked how much a Module at Molefe would produce from the low grade (0.7%). Leon said 4000 tons.
I think this needs more explaining... because how come Roan only produces 3600 tons a year from a Grade that's more than double (1.6%) that of the Molefe low grade material.
Seis can you help here? I'm sure there's a plausible explanation?
The most recent RNS says with regard to LWP "Jubilee has agreed with a potential project partner to commence with a large scale trial on the stockpiles and tailings to confirm final proposed commercial terms. The trial is expected to be concluded during Q3 FY2026."
They say "Stockpiles" and "Tailings" has this changed?
What about all the info they collected from the 10 000 000 tons that was processed by a third party... do we know who they are ? Then you have the trials from the 15 000 tons IRH requested. I'm sure there were other trials to....
So more trials till we here of a "potential partner... urggg...... i just don't understand how you put a potential by December in a RNS TWICE ... then just like that we back at trials for 3 months
I always found it very odd there was no movement on Project G. Makes sense now... hope this can all be validated quickly so it doesn't spiral into massive speculation. Jonny can you confirm please.
There should also be a partner agreed for LWP by end of December. It was recently mentioned in two RNS so I assume its still happening. Not many days left..
RE: What have I missed? JMK's posts deleted/missing/hidden20 Dec 2025 10:09
I agree, Leon needs to invoke a little bit of confidence back into the share price. A share buy back program will do wonders even if it's only 10% in value of the sale of the SA business.