PYX Resources: Achieving volume and diversification milestones. Watch the video here.
Once we have earnings in for the half year and the PE goes from 12pe to 4pe maybe it will bring in more outside investors.
At the moment that long term chart would frighten any NEW investor away.
If anyone is going to the AGM can you please ask what on earth happened to that 600 000T chrome deal? This silence is not good for Jubilee.
Leon promised pictures to be posted on the website of the upgrade to Roan.
I'm guessing this will be done by Friday..
These interviews are normally released on a Monday and Tuesday.
Will we or won't we get one...
If not there's always Fridays AGM... will there be a video for this?
The copper from Roan should be between 500 and 800Ttons a month depending on grade.
In that case July and August together would be worst case scenario at 1000T for those two months. Why not release these figures?
Personally I want to see monthly figures from July to September for Copper produced at Roan. Leon said he was running Roan hard before the upgrade starts. SO let's see exactly how much Roan can produce when it's "running hard"?
Back in March I think it was when Leon said he can't wait to bring the commercialization numbers for copper to the Market? So where are they??
Market seems fed up with no quarterly report.
Platinum and copper up today well JLP continues to go down.
You would think if the numbers and margins are as good as Leon said they would be then they would have no problem releasing the quarterly figures?
"The new ROM supply will form the base load material to be processed through the upgraded front-end of Roan and account for approximately 60% of the stated capacity at Roan"
Does anyone know what the 60% actually is in Tons?
Sorry July* to September
After re listening to Leon recent interview he said he was running Roan hard to make up for tons lost during the upgrade which would indicate that months June to September should in fact be very good for copper output.
My gut feeling is that they weren't running hard and if they were to release a quarterly showing the copper figures Leon will be caught out. I hope I'm wrong but why else wouldn't they release the figures....???
I'll have to look back and see when I bought my first lot of shares but it was around 15p. It was a very very very long time ago.
The reason for the upgrade imo is because it's blatantly obvious the original Roan design is not able to reach 10 000T per annum as previously stated by Leon but purposely not spoken about for obvious reasons.
There is no way a quarterly will be released until the upgrade otherwise the original Roan design will be exposed.
If Roan was hitting its 600 to 800 tons a month i can bet my house Leon would have been the first to let us know.
There will be no quarterly showing copper production until the upgrade... simple.. and that better work or else more own goals coming. After almost 14 years I'm tired of the talk. I need to see numbers.
If they were going to release a quarterly representative from July to September 2023 then Leon would have said so in the last meeting. He never mentioned it only that they planning to start doing quarterlys.
I don't see the point releasing the copper numbers as they won't be good because of the upgrade at Roan.
What he could do is give a proper breakdown of the chrome production from July to September.
And an update on the 600 000T chrome deal he was so eager to reveal in September but failed to mention any thing in October meeting and still nothing.
I hope you right. Just find it awfully strange that no one believes this modular thing JLP have managed to put together. BECAUSE if it was true (and I truly hope so) the share price would be 10 fold of what it is just based on this "invention " alone.
Luckily we only have to wait till November although I have my doubts about the time scale before we actually find out if it works or not.
I'm not expecting a quarterly this month or next month. The copper production won't show good figures (this period) as they have had to slow down copper operations to retro fit the new modular system to the front end of Roan. Yes they have promised 6000 tons for year end June 2024 but Leon has already said most of that will come through in the second half.
I would love to know what happened to the 600 000 ton chrome deal that was in advance talks 2 months ago. That deal would certainly lift the share price with chrome prices where they are.
I'm also wondering if these copper modular systems actually work... seems to good to be true. Why haven't other companies invented them since they only take 6 months to turn around and only cost a fee million.... well Leon did say they "cracked the nut". Time will tell.. what's another year or two since ive already been waiting almost 14 years now.
Also yesterday Amplats quarterly results showed 9 percent lower production.
Amplats is the largest producer of Pgms in the world.
Why pgms keep falling it befuddles me.
I totally agree Gotreal, our time will come. We can actually grow our pgms while others have to cut production.
Maybe pgms will now finally move into deficit.
Something had to give with Pgms so low and with never ending inflation. PGM basket at 12 year lows well inflation would had doubled if not more over 12 years... hard to believe Pgms are so low...
Sibanye just announced approximately 4000 job cuts as it plans to close non profitable pgm shafts.
Rhodium up another 3.5 percent this morning!
Gotreal, your original link actually did work for me. I downloaded. Thanks.