Member Info for Happydays43

Also we have only seen one good month at Roan. We totally reliant on the ROM we receive... just want Leon is trying to get away from in SA.

There is no doubt about it the risk has gone up enormously ... this 4 month drilling delay really doesn't help matters.

Seis, i understand this.

I would quite happy with the sale if we had a better understanding on what's happing with Project M and G and the negotiations for the deal on the LWP before selling off our only real life support.

Knee, PGM basket is $1800 NOW not $1100 (June and before).

The market knows PGMS will be reporting better future results hence why investors bought up PGM producers.

Surely they used a Competent Person from the start... anyway now we wait another 4 months for this Competent Person to give his results.

Yes Chatmandu, I also noticed he has started using the term 'competent person'. mmmm

What on earth are you on about Knee. Leon has labeled Jubilee as one of the lowest cost producers of PGMS!

Northern, I feel the same.

Just a note.. if you look at the videos they have been digging continuously as Project M which surely would give them a good indication on grades etc...

So i find it odd that they have to move to another pit and not suppling anything to Sable for 2 months? They have nine pits now and been there a year now.

Yes i understand they want to expend 2 pits but it seems odd they have nothing to supply to Sable in the meantime.

Once again there goes Gotreal talking through is as hole again.

EVERY other PGM producer in South Africa are up 50% to150%

Jubliee is the only PGM producer down 30% for they year.

Three things i would like to see.

1. Partnership for the LWP... 18 months and counting..

2. Project M ... the full drilling results as promised for July..

3. Project G... why are we waiting for drilling to start we were told last year it would start producing this year now its next year! and more information on the existing refinery or what ever it is?

Also we been told for the last 8 months that 2 more copper open pit mines were to be trialed and purchased.. yet nothing in the last 2 RNS's... did i miss something?

Gray1, lets see if we get another 384 tons from Roan in August...

Also

"Jubilee is well advanced in negotiations to replace the initially targeted partnership pursued with an Abu Dhabi based group." I would like know what "Advance Negotiations" mean because 6 months ago they were saying they have had other offers and nothing happened? Is it all BS?

Https://youtu.be/BxdvAbKOp-o?si=OEg2LPI63V7pVp1y

Listen from 10:30

For a CEO to get something so wrong. This tells me he hasn't got clue what's going on in Zambia... hence more drilling going on... more delays..

Now he's mentioned a competent person doing the drilling results... so what does that mean... there wasn't a competent person doing the previous drilling results.

Share price ended on the lows in South Africa down. 4 percent.

Shulvin, Leon said on a Podcast 4 months ago Sable will be running at full capacity and would be producing 8000 to 9000 tons of copper by June/July 2025.

You can't explain this can you?? So instead you decide to talk through your as hole

Gotreal, Leon said on a Podcast 4 months ago Sable will be running at full capacity and would be producing 8000 to 9000 tons of copper by June/July 2025.

Can you explain what happened? because last time i looked we producing half that.

"He seems to of successfully packaged the Circular in a way that looks like SA have a gun tto their heads. They knew about Thuste and the 74% shareholder ages ago and still went ahead which seems starnge to me that the contract would be done in a way that there is no hard leverage. They knew everything about SA but now they don't want it, they knew about the costs of money to buy the stuff before Thuste came on board and before they bulit the new units."

Edzi, You 100% correct. To think otherwise you would have to be as dumb as Gotreal. But he's just Leon's lapdog so it doesn't bother me what he says.

Lets see if Leon posts production from Roan for August.

I would like to see atleast 3 months at 380 tons per month from Roan.

And 3 months (200+) from Project M.

Gotreal, Roan buys in ROM. We have seen one months production at 384Tons. We have no idea if this sustainable yet.

Project M to produce 210Tons a month (Still have to wait and see). This is peanuts.

Project G no one has a clue what's happening as no drill results.

I see no laid down plans only the word "targeted" used.

The Circular offers nothing new in terms of the Copper update RNS, i was expecting a 20 page detailed report with timelines and costs etc... we literary got a paragraph...

Looks like the owner is getting the PGM stockpile which they will go straight into a JV and process another 10 000 ounces a year.