Member Info for Happydays43

Based on current PGM basket price and our peers (PGM producers huge share price uplift) its quite simple.

1. If the sale doesn't happen the share price should recover to 6p within a month.

2. If the sale goes through the share "might" recover to to 6p once we hit 8000 - 10 000 tons which is 2 years plus.

Now take your pick. I know which one i prefer.

Remember if you pick 1. you have both! and a higher share price... a no brainer really!!

2 months ago Leon said they very close to educating the market on the drilling program at Project M.

No mention in the interview of the massive up tick in the PGM basket price... quite bizarre.

He did however say there have been misconceptions and the Circular will put those to rest.

So now we wait till next week.

Seis, please can you post those satellite images of Project M.

Would be nice to get a gauge how far part these pits are?

Funny how our new broker was not as positive...

"As a quick straw poll, would you vote yes or no based on what we know at the moment? Hit the recommend button if you would vote NO."

So far (NO)button hit 46 times..

Anyone heard from Mikey? Or has he sold?

We still don't know why Leon is selling SA business for a song? No interviews today either.

Crashing share price... Leons days are numbered... imho

Shuvlin, did you actually read the forecasts (if you believe them). I don't think you have a clue what you talking about. Although nothing new with you. Your mate Gotreal gone into hibernation. No overtime i'm guessing??

You spoke to soon chatman.. like I said they need to consolidate. Immediately cancel the selling of SA business. Market is disgusted.

Chatman, i wish I was wrong but annual production for FY2025 reaching 2 211 tonnes

I only use what is actual... not Leons pie in the sky forecasts

The reality is, it most likely going to take years to get to + 10 000 ton. Taken 6 years to get to 2200 tons and probably +50 million dollar. There will be lots of construction required and who's to say Leon even stays on. Then what. The SA business atleast gives us Shareholders some type of backstop. Without it who the f knows what could happen.

I would still would like to know from Leon why he told the Sunday Roast boys (4 months ago) that by June/ July this year Sable will be at FULL Capacity saying we will be producing 8000 to 9000 tons per Annum.

Was he that oblivious to what was going on? How can we believe anything he says about forecasts. This was just 4 months ago!! NUTS

He should of given us a breakdown of ROAN for Copper sulphide concentrates that are being sold into the market and copper oxide concentrates are refined at Sable.

And i'm not talking about some percentage he keeps changing in interviews.

I thought they said they want to add two Onsite Munkoyo processing (modules) unit 30 000 tons each.

Thats atleast 10 mil and add another 9 to 18 months to build and get going..

How debt has stacked up in Zambia? I guess we won't know till October.

Would be good to see what Slater thinks?

Surely he would send a recommendation?

Even Rikus votes NO! for the sale of the SA Business .... that's about as close to inside information as you could possible get.

All this nervousness can all disappear if the sale falls through.... its very simple..

Gray 1, this what i don't understand about Leon. He must have done the sums. The share price will be on its Ars...