Member Info for Happydays43

Nicely explained Seis.

This is what should have been written an RNS.

I think we know were the 1.5 mil will be going.

They then built the front end to get it back to 80 000?

So 40 million pounds plus what ever it cost to build the front end. We looking at 50 million pounds. Thats more than half our market cap...

So that's 80 000 tons per month as opposed to the 30 000 tons currently.

But which material did they use to reach nameplate? Roans original plan was to process low grade material.

How did they manage to reach nameplate back in 2022 and suggest 12 000 tons of copper per annum What feed did they they have back then... I don't remember them buying in feed?

RNS September 2022

Project Roan Copper Project Achieves Nameplate Capacity

Jubilee Metals Group PLC, a diversified leader in metals processing with operations in Africa (AIM: JLP/Altx: JBL), is pleased to announce that the newly constructed Zambian copper concentrator, Project Roan, has reached nameplate capacity following the successful commissioning and ramp-up of the operations. Project Roan is a core component of the Company's Zambian Southern Copper Refining Strategy which aims to produce 12 000 tonnes of copper per annum through the Sable Refinery.

Highlights

§ Southern Copper Refining project successfully completed with nameplate throughput reached at Project Roan

§ Project Roan has been successfully ramped up to maintain its design throughput rate of 110 tonnes per hour needed to produce the targeted copper concentrate for refining at the Sable Refinery

§ Southern Copper Refining project targets to deliver 12 000 tonnes of copper per annum with a total capital investment of approximately £ 40 million

§ Project Roan broke ground in June 2021 and commenced the ramp-up of operations during June 2022

§ Targeted production of 3700 tonnes of copper to December 2022 and 10 000 tonnes of copper for the full twelve-month period ending June 2023 (4-fold increase in copper production)

The real question is why are we going to the market for a ridiculous 1.5 million. And why do i feel like I'm been hold hostage to vote yes.

This is not how it should be. Were has the money gone??

If the 7.5% gets passed.... you know what's coming. Which means this share price is fked.

Why Dis-apply Pre-emption Rights?Companies sometimes ask shareholders to waive (dis-apply) these rights to unlock strategic benefits:Speed: Offers can be launched quickly to institutional investors without a lengthy notice period.Cost Savings: It eliminates the heavy administrative expenses of managing a rights issue to thousands of retail investors.Agility: It allows corporate boards to swiftly fund unexpected acquisitions or emergency capital expenses.Key Risks for ShareholdersOwnership Dilution: Refusing or being unable to participate reduces your percentage of ownership.Value Dilution: If new shares are issued at a steep discount, the value of your existing shares drops.

Where is

1. LWP profile update?

2. LWP deal announcement?

3. Sable upgrade update?

4. Molefe 1st Modular expected completion in June?

4. Molefe upgrade facility?

5. Molefe Phase 2 drilling results?

The list goes on...

And they want more money for exploration???

What about the 25 million there received and the money they getting for the sale of the 10 000 000 tons of LWP...

Headless chickens comes to mind.

Have they blown it all?

This expansion at Molefe must be costing a fortune... apply a little bit of math's and it's easily in the millions of dollars.

Stop being so naive Gonads. This is another smoke and mirror money raise through more dilution.

Only a fool can't see this.

Thanks Mikie.

I thought you had left the building... glad you still here.

If that is the case.. fantastic. But i haven't seen that in an RNS or an interview.

Can that person confirm again where they got this information.

Rainy season in Zambia is typically November to April.

We are now heading into June without any news if the Front End has started up. This is disappointing. There is a small window when the front end can be used until we told otherwise.

The simply truth is that the "Modular system" was originally sold at producing 10 000 tons per year from low grade copper. Then its changed to 8000T then 6000T now what 3600?? Then we were told the "front end" would solve the problem and we would be of to the races and be an example of what will be used at the LWP.

Well.... skip a few years and it obviously the front end was a disaster and didn't go to plan even though the boss had said it had been tested and proven by there in house amazing design team.

Now as 4everlong says.. all us LTH are waiting patiently for the next big promise. Will Molefe be our saving grace... or maybe a LWP deal,,, who knows.. what i do know is that i'm getting older as the months and years tick away.

Happy weekend.

Lluvise, source please? You can't make statements like that without a reliable source??

I agree, stop talking about take overs. You sound like a broken record!

Gotreal reported me... lol.

He likes to giveth but can't taketh.. poor man.

Remember Gotreal.. thoses tailings dumps are far from Sable.. they won't be transporting low grade material from there to produce cobalt at Sable. You in wonderland again. Wake up.

Yes Jonah, that's exactly why I was asking.

Gotreal you turd.