Member Info for Happydays43

I wonder if we will get the Chrome update on Thursday?

Jonny and Leon said something about updating the market mid April?

One thing to note the deliveries would have to be at maximum 30 000tpm to reach an additional 11500 ounces per annum.

They are starting at 18 000tpm deliveries. So that would be closer to 6000 ounces per annum..currently

With tariffs wars taking effect there's a good chance south africa can negotiate better pgm prices. Remember 80% of chrome and pgms come from South Africa. That's a huge bargaining chip!!

Look how DRC have been able to rise Cobalt prices.

Might be an opportunity here for PGM miners.

I have between 30 and 40mil profit depending on the pgm basket price... ( between 1100 and 1500 basket price).

Frog, this is why they announced this last RNS.

PGM cost per ounce decreased by 20.1% to US$616/oz (H1 FY2024: US$771/oz) mainly as a result of the reallocation of operating cost to the chrome operations.

I knew something was coming

Gray1 you are 100% correct.

Gotreal has bricks for brains.

Not long now before we in the 2's... probably before the day is up.

The misinformation has gone on for too long.

Time for change. No more carrots.

What must really grind Leon is that Jubilee does all the heavy lifting from there chrome business. The partners make a spectacular 80 percent while we get the 10 to 20% scraps... We now the biggest producers of Chrome Concentrate and have very little to show for it. All that work... I can see why Leon wants to turn that around with copper strategy like Project M.

The only real hope for a quick increase in share price is the price of the metals going.. which they but for how long. Feels like we already missed this recent rally in Copper... oh dear... 14 years and waiting

They had RNS on the 14th February that they had started... "the Company has now successfully commenced with the processing of the new high-grade copper feed material at its Roan concentrator facility"

So no IRH deal. EXACTLY how I called it. Yet you have absolute plonkers like Gotreal ( the master of copy and paste) trying to convince everyone that IRH deal is signed and sealed. What a right idiot.

So now we wait another month on Roan projections. I thought the 6 weeks had already passed. Are things not as you expected Leon. Another 4 weeks then what. Alot was promised for this quarter... so we wait till Thursday then...

Maybe we will be surprised today with a RNS.

I can't see what's the difference between Friday or Monday.

Unless they going to write up the RNS on the weekend... which doesn't make sense.

Bahaha. That was funny Kalan. Funny but true..

Let's hope it's different this time round.

Price action is absolutely bizarre.

Jubilee is supposedly closing its biggest deal to date this month.

Yet share price hasn't moved... actually it's has its plummeted.

So what is going on? Tomorrow we should see some very positive news. We have copper at record highs..

What on earth am I missing?

Am I hopelessly wrong or is the market wrong.

Tomorrow we find out... FINALLY

Frog, I like you believe that the IRH is not going to happen.

I've stated my reasons before on here.

I'm not really bothered about the IRH deal. Although I see Gotreal is convinced it's happening which makes me even more sure it's toast.

When Jubilee gets to 25 000 tons then and only then I will be for the Waste project happening. And by then Jubilee could finance the Modules with its pocket change.

Would be nice to see our copper forecast go from 5800 -7000 to 10 000 - 12000 per annum.

Current operations should be 10 000 plus.

Very soon now? Unless things have gone t*ts up again.

Mikie the two open pit mines should be able to produce 7000 tons at Sable.

Roan with the upgraded material should be able to produce 7000 tons.

Thats come straight from the horses mouth.

Let's see if the forecast will be upgraded tomorrow.

I agree Northern, SLP is up 20% over the last 30 days whilst JLP is 0% up.

Cleary the market is waiting for tomorrow's results.

A higher Copper production and higher forecast from when the electricity was restored should offset any negativity and set us on a massive bull run.

With Friday been a holiday in S.A.. results might only be next week.

Still hoping for the 20th though.. fingers crossed 🤞

Quite odd Leon isn't motivated to release the good news on copper production this week on the back of much much higher Copper prices. Another own goal imo.

Maybe he will let us know next week when copper pulls back.