Member Info for Happydays43

Any guesses for last quarter copper production?

I'm guessing by the market sell off its going to be a shocker.

My guess is 750 tons for quarter 2.

I mean capable to start producing 8000 tons by July.

Project M and Project G combined should produce 8000 tons (per Annum) by July 2025.

So with the current electricity problems there's still hope.

Now if Leon could confirm this and ease the selling..

Ok Seis, that was my initial thoughts as well. I'm guessing the article wasn't worded correctly.

KevH it's going to take years before we see any profits from the IRH waste project if it even happens.

Leon needs (if he wants to keep his salary) deliver the 25 000 tons of copper through current projects.

"Project G will ramp up over a six-month period to reach 3 000 t a month of pre-concentrate material through a Jubilee on-site module, and delivery of an additional 350 copper units per month (4 200 per year) to Sable for further refining."

I'm a little confused!!

The above statement talks about "Jubilee on-site module"?

Does this mean they have already started building an on site module at Project G??

6 months from October is March...

I'm so confused..

Down 8 percent this week.

Lovely start to 2025!!

I certainly hope so Shuvlin!

I wonder how much more this gonna tank when we miss Copper production...

On a PE of 22 this can fall alot more!!

Happy Friday everyone.

Hope Leon is enjoying his 1p options.

Last year we got a schedule for reporting.

Has this been forgotten this year?

I always wonder about people that call 16p based on absolutely nothing but hope.

Hard numbers is what we need. 6000 tons and above or this isn't going anywhere soon!

If you had told me back in 2020 that in 2024 the share price would be 3.85p.... I would have never believed you.

Commodities are a crazy ride. Lets hope 2025 we see a decent rise!!

From 2020 November RNS (Share price 7p)

Chrome Operations delivered 377 883 tonnes of chrome concentrate (2019: 181 947 tonnes), generating chrome revenue of £ 17.2 million (ZAR 338.2 million) [(2019: £ 7.8 million (ZAR 143.7 million)]

Amazing how far we have come in terms of Chrome Production.

We now approaching 2 000 000 tons + (Share price 3.85)

Project G produces concentrate. I wonder what electricity source they using?

Last quarter we produced about 750 tons with Roan running at half tilt...

This quarter should be much better..

They might ramp up project M and Project G quicker to counter some shortfall.

Atleast they have options..

Last quarter we produced about 750 tons with Roan running at half tilt...

This quarter should be much better..

They might ramp up project M and Project G to counter some shortfall.

Atleast they ha

If they solve the electricity problem and they come good on 6000 tons we might see 8p. If we get this solved by end of January it might be possible depending on how much they producing now... which we all don't know.

What I do know is that markets hate uncertainty. The sooner we have clarity the better..

End of the day JLP has to double if not triple earnings before we see 8p then 15p (12p then 22p if there was no dilution). I'm basing this off earnings and PE levels.

Ok it's updated now to 3.9

Does anyone know the actual closing price.?

3.65 (down 5%) on the Jubilee Metals website?