Member Info for Happydays43

Seis, earnings need to double before we see 8p. Unless you think a PE of 50 is fair for Jubilee at 8p.? Which is why I say copper really needs to show its worth in the coming quarters. We need higher earnings to bring down the PE.

Come on, you a clever guy you should know this.

There is to much emphasis on who's buying and who's selling here. I find it comical when all that really matters is how much they produce this quarter and next quarter.

It's very very simple.

Either Jubilee will hit its copper targets or it won't.

Do you believe Leon? If you do then hold. If you don't sell now.

All.i know if we don't hit this quarters very very low target it's tickets and I'll be out to.

Until we see decent copper numbers this share price is only going one way. Also the huge fall in Chrome prices isn't helping not that it helped much when it was at its highs in terms of share price.

The sentiment here is still extremely low.

PE of 29!

Tharisa on a PE of 3.5 and still struggling.

Hairs breathe from a double bottom... quite strange because copper has been increasing...

Is there something else going on... I guess we will know next month.

What could put a fire cracker under the share price is if we produce more than the forecast of 1056 tons of copper for this quarter.

A figure of let's say 1500 tons could really get the share price going!

I hope this is Leon's plan.

Tharisa produced about 1.8 million tons last year with profit over 100 million dollars... shows you what a difference owning the material makes!!

It looks like we should produce 2 000 000 tons of Chrome concentrate this financial year.

Profit should be between 22 and 30 million dollars for Chrome depending on price..

Is this correct??

South Africanchrome ore40-42% concentrate price is 220-225(bulk). South African chrome ore 42-44% concentrate price is 240-245(bulk).

Seems like there was a big drop today?

Does anyone know what profit in dollars per ton of Chrome Concentrate we are getting (on average).

Was it $9 per ton?

Does it go up to $14 per ton after Thutse?

I know the price is up and down but what is the ball park figure..?

Thanks.

The game now is obvious. They've set low targets so that the actual results look good and make good headlines!

Fairplay.. about time.

Seis, I've seen the targets. They very low.

Which is exactly why I think they should and will be a lot more. That was my point.

With the projects e have now in operation at this very moment we should make atleast 1500 tons this quarter. 1000+ forecast seems way off to me. Anyway that's just my opinion.

Copper projects..

1. Project Phoenix

2. Project L

3. Project M

4. Project G

5. ? (2025)

6. ? ( 2025)

Certainly growing under the radar... well that is in terms of share price that is...

Really interested to see what production is this quarter... I hope I'm not disappointed!!!

Leon said it's the exact same material as they processed through the front end roan during commissioning.

He said this in the last interview.

So I very much doubt it will have any effect to the quantity they process this quarter.

It's going to be very interesting to see how much copper is produced between Oct to December.

Surely it will be much more that the 1033 tons forecast.

Last year quarter (July- September period) it was 1044 tons(round about I think) and that was without project M and Project G and Roan upgrade and the new electricity supply.

It would be borderline nuts if we produce less than last year quarter. I'm guessing we going to produce atleast 1500 tons in Quarter Oct to December.??

Good morning Seis,

Any idea what earnings could be this half year?

First quarter production figures were good. If you apply the same to this quarter could you possibly share your thoughts?

Thanks.

After an early November rally reaching as high as 30%... looks like we going to end the month UP 2.5% .

Bummer!!

Next month then!!

Will we get an RNS once they exercised?

Never thought we would be back in the 4s...

I personally think we going to smash guidance for this quarter.

For this quarter we have full power... Project M at 100k tons a month which means Sable is getting the highest copper percentage material feed... and we have front end of Roan working.

There is no way we will only produced on average 400 tons per month for this quarter!!

And remember the 300 000 tons produced at Thutse is equivalent to more like 1 000 000 tons at current margins.

So this is a massive step up that the market is oblivious too.

Although not for long.... pile in everybody while it's still dirt cheap!!