Member Info for Happydays43

Poors, Leon said 7 working days. Deal was signed last week.

What did you hear?

I agree with Seis on this crazy take over talk.

Wait till we producing 25 000 Tons per annum.... then you looking at 50p min..

Patience my friends Patience...

We've had a nice bounce during the last few days on the back of a very positive RNS.

I think the real bounce will come next week when hopefully we hear the new Electricity deal has been approved by the regulators. Holding thumbs.

14 years of pure frustration Bottomsup.

But yes I will calm down. In fact I won't be posting again for awhile. I'll hold off till the next RNS.

Maybe 12p if they lucky.

Impossible!

Neal leaving was questionable BUT if Ricus decides hes had enough then it's tickets for all of us.

Poor Slater... stock needs to rally over 450% before they break even!

Realistically the waste project is a nightmare with regards to water, electricity, generators, painting.....now leeching!

I don't think IRH wants headaches, and most definitely will be one huge headache!!!

Focus on getting Roan up and running at full capacity...

14 years here now and I'm down 70%%%%

"The fact that Leon seems to be queering the pitch and touting renegotiations suggest to me that certain issues have arisen"

You are right and it's very uncharacteristic of Leon to talk about deals before it's signed off and I'm now almost convinced that IRH deal isn't happening.

Market knows something... it always does!

Did we ever get the answer to Leon's" game changing" moment? Still waiting are we... 3 years later...

They must concentrate on what they have get Sable to atleast 10 000 tons.

This reminds me of last time we tanked.. then got a nasty RNS... or was it the time before... or before that... I've lost count.

I see SLP can afford to buy back shares.

Its a shame we can't!!

Not even a buy from any of the directors.

I wonder who actually wrote that last RNS... I don't think it came from Leon... not his style.

I agree Frog, at the moment Zambia feels like a 6 year old (2019 - 2025) Science project.

They need to deliver and soon. There is no way that Slater can be happy with his investment hence he now has someone watching.

True Frog, although they certainly built a lot of plant for the extra billion shares that was issued..

The article I posted was when the share was close to 6p...

So it certainly re rated... just in the wrong direction 😕

The bottom line

Chrome and PGMs were already profitable at Jubilee even as other operators have had to reduce operations. But Zambian copper will drive profits to huge levels given the heat in the sector and rising copper demand.

But taking a step back — Jubilee was also trading at circa this level five years ago — and in that time, the company has not only built Roan, but upgraded it. It’s also upgraded Inyoni, upgraded Sable multiple times, and sourced feed for all plants. It’s even sourced all the power it could ever need.

The chrome business has jumped to multiples of where it was, and then there’s the deal with IRH that could add further tens of millions to the market cap when it gets cracking.

The share price is a steal, and the re-rate will happen shortly.

Quite a number of articles out today on the raising levels at Lake Kariba...

Slowly.. slowly catch a monkey....

Seis, another catalyst could be the dollar falling as debt gets out of control.

Seis, I did the same exercise last night. Helps me sleep better.

On another note. Looks like SLP and Tharisa are poised to break higher..

Could be positive for JLP if we see small caps start going up.

Oakbloke did a very nice article on PGMs and Tharisa for 2025... quite an interesting read...

South Africanchrome ore40-42% concentrate price is 200-205(bulk). South African chrome ore 42-44% concentrate price is 230-240(bulk).

Down 10 percent today.... could be part of the sell off..

Leon should just pull the band aid off and let us know... otherwise we going to get a double sell off... although already too late..