Member Info for Happydays43

Yes, I'm not sure either...

The Large pink anomaly in the north stands out like a sore thumb.. Hopefully we get some news to exactly what plans they have planned for it..

A good idea is if Leon has the spreadsheet up in the meeting and goes through the whole area..

Is this the area that Leon says is like a ripple or repeat of the reef... like a copy of pit 1 to 9?

Seis, regarding the very large pink area at the north of the map ( i assume north is at the top). Why do you think there's no investigation in that area? No planned pits etc.. does Jubilee own that areas?

Seis, ok that makes sense.

Seis, I wonder why the completed exploration drilling (P1) was done south of the pink/ red anomaly.

I do see" planned pit 1 to planned pit 11" in the pink areas

Does that make sense?

Looking forward to Leons presentation. Definitely an important one.

So phase 2 is part of pit 2 and 3?

Question 2

I assume page 4 and 5 shows the excavation phase for the month of April digging down to the depths as indicated on the diagrams?

Questions.

Page 2. There are 2 white rectangle ( P1 ) and (P2)

P1 says completed exploration drilling.

P2 is pit 2 and pit 3.

Is P1 short for phase 1? And P 2 short for phase 2.

I thought phase 2 was in a completely different area?

Frog, I'm not sure how you count weeks but 3 weeks is up today. Unless you talking about a 1 day grace period.. tomorrow would be a nice surprise..

Results from the phase 2 drilling program will be used to provide a clearer timeline for the release of a formal resource estimate. The updated expanded mine plan, incorporating the latest drill results and developed in partnership with Galileo, is expected to be published on the Company's website within the coming three weeks."

Exactly three weeks ago today. I can't seem to find it on their website?

Seis, I would like to see that copper price chart vs Jubilee share price. Its gone from bad to worse

The copper price has recovered almost 18% since the last drop. The mining copx index has also recovered some 30% the last month. Jubilee is down 10% over the last month.

Leon needs to pull finger!!

"In addition, the Company is also seeking to renew the standard authority to grant Directors authority to issue shares as granted at the previous 2024 AGM and to dis-apply pre-emption rights. The Company wishes to dis-apply pre-emption rights only to a maximum of 7.5% of the issued ordinary share capital of the Company. The Dis-application Resolution is to give flexibility to the Company to issue new warrants, options or shares to support the Company when leveraging investment capital and aligning employees' and stakeholders' interests with shareholders of the Company."

Did this not happen then?

Junior, open your eyes. The market wants hard proof in a JORC report not some made up plan that changes month to month.

Let's see what's in the ground, grade and how many years supply!!! Thats the most important thing.

A JORC report defines the Mineral Resources and Ore Reserves of a mining project based on minimum standards for public reporting in Australasia. It provides a standardized, transparent framework (based on Competence, Materiality, and Transparency) to categorize in-ground mineralization by geological confidence (Inferred, Indicated, Measured) and economic feasibility (Proven, Probable).

Next Investors

+2

Key Definitions and Functions of a JORC Report

Mineral Resources: Defines the size, shape, grade, and quality of a mineral deposit.

Ore Reserves: Defines the part of a resource that is economically and technically feasible to extract.

Categories: Classifies resources as Inferred (low confidence), Indicated (medium), or Measured (high). Reserves are classified as Proved or Probable.

Transparency/Competence: Ensures reports are prepared by a Qualified Person ("Competent Person") and contain all necessary information for investors.

Usage Examples: Mining companies use JORC reports for mandatory ASX reporting, attracting investors, bank financing, and feasibility studies.

Everyone here should switch off for the next 3 months. Then revisit. Will be good for your mental health.

What we need is Jorc report.

Leon has an upcoming presentation this month. I assume the mine plan will be part of it.

He referring to the market reaction been a damp squib.