Member Info for Happydays43

90 million is just to cheap! How did they spend on Inyoni. How many years have they put into South Africa. We the biggest producer of chrome. This is nuts..

And the massive stock pile of pgm materials.

Something is off. It's blatantly obvious something is off here.

End of the day Copper profits have to go from 5 million profit to 50 million to get the share price to 6p-7p.

This is a tall order and how long will it take?

Why are we still issuing shares. What hell is wrong with this guy. We getting 12 mil from sell off of non core assets.

Leon has already given us a guidance for Copper just last week. Does that mean last weeks guidance is wrong.

What happens to that massive stock pile of PGM materials.

I really don't get this deal at this extremely low price!!!

Just our luck Platinum has broken out of a massive triangle pattern!! Now 1114$

Talk about bad timing selling at the bottom of the cycle.

I hope the price is reconsidered UP

Did any one notice this obscure sentence left in mid air about the leaching?? Is this sooner than expected?

"Roan leach circuit commenced and increased high-grade copper ore secured

 

Jubilee also announces that the Company has concluded to commence with the addition of a refining step on the back end of the Roan facility to increase the copper recoverability which, holds the potential to significantly further enhance operating margins of the high-grade copper ROM feed. The Company has also opportunistically secured further high-grade copper run-of-mine (ROM) stockpile grading in excess of 1.7% Cu which is in addition to the long term supply agreement for Roan announced on 6 February 2025. The stockpile is located near the Roan operations and can commence processing immediately. 

 

Considering there Chrome and PGM business could make a 100 million dollars over the next two years.. this deal seems senseless and very undervalued.

Are we been sold down the river here?

90 mil is less than its current market cap. Share price is gonna tank?

SLP up 44 percent this year.

Let's hope JLP play catch up since we are now producing more PGMs this year.

So you saying you know when Leon is telling the truth and when he is not... very interesting. How is that working out for you.

Also Leon said they didn't cherry pick the 10 million tons.. I beg to differ.

No one in there right mind would have just picked any bit of rock, they definitely knew in what area they wanted. I can guarantee you this company would have done some sort of testing before buying up 10 million tons.

I have some legitimate comments.

1. Jubilee built a special Modular Concentrator that was focused purely on extracting copper from the waste rock project. So how is it someone comes along and sweeps up 10 million tons of waste when it's been so difficult for Jubilee exact copper from this pile of waste that they specifically designed Roan on. Surely you would just purchase a few thousand tons to test first before buying 10 million tons. There's so much more Leon isn't telling us. Come on people think about it.

Another question what if this new company can't exact any significant coper.. who knows maybe they stop their purchase . There are so many unknowns.

Leon said Chrome margin could go up as much as 23%. Which would be about 22 dollars a ton.

I think $15 is fair if you factor in the usual abnormalities

The announcement of the "New" Roan copper projections according to Leon was meant to significantly increase our copper production. Not sure how he got this so wrong. My only guess is that he has been under the pump to get good numbers out and took a guess!

Seis I have about the same. A little less for PGMs.

Was it Zeus that had 50 mil? I think that's because they factored some profit for Copper which doesn't look likely now.

Still 40 mil will do wonders.

I don't know what Leon was thinking in his last interview with the Roast boys. Definitely doesn't do him in favors.

Charles, another point about the second tank house is that Leon has said it will take about 10 months from start till finish.

"Completion of the Sable expansion is scheduled for Q1 CY2026."

This means they have already broken ground on the expansion?? So that means they would have order all the necessary parts from the suppliers?

I'm really not sure anymore 😕

After all the efforts that have gone into Roan over the last 3 years to now only produce 300 tons ( on average supposedly ) a month on HIGH grade makes zero sense. I don't see any significant improvement.

First it was the water then the electricity then the upgrade then the quality of feed. Leon has used every excuse there is and still the numbers are terrible!!

I was very hopeful before this RNS but now I see Roan has been an absolute f up of note.

Leon has always said 600 to 800 tons for Roan depending of feed. I want answers!!!

Edzi, we have a "get out of jail card". Platinum... When we get to use the card who knows but if Platinum gets up to 2000 we won't have to worry about copper...

Combined Roan and Munkoyo high grade ROM only, targets to produce 288tpm of Cu units for June 2025 stepping up to a production rate of 400tpm of Cu units from August 2025 with the potential of reaching 500 to 550tpm of Cu units from October 2025.

Copper

The existing copper leaching circuit has been brought on-line to process historical copper tailings as well as third party sourced run of mine material, targeting the first plated copper cathode metal production during early Q4 2019The ramp-up of the copper circuit remains on track targeting 250 tonnes of plated copper cathode per month during Q1 2020, before stepping up to reach 400 tonnes per month from Q2 2020 resulting in early project cash flows during the construction of the zinc and vanadium refining circuitsThe Project continues to receive keen interests from small to medium mining operations offering third party copper material for further refining, which is in-line with the vision of establishing Sable Refinery as a preferred regional refining hub