Member Info for Happydays43

Are you 100% sure of that Gotreal??

Still if we produce say 19 000 tons copper that's still about 57 000 000 $ profit pre TAX. At current copper prices.

Plus chrome and pgm profit.

We could be 100 million dollar (profit) company next year.

So Sable will produce 16 000 tons copper cathode.

The remaining 9000 tons is actually concentrate.. so about 3000 tons copper cathode equivalent...

That's still excellent. 💯

What is copper concentrate sold at? 25 -30%?

I think that's what Leon said yesterday.

What are the costs then... what is our margin?

I can see why the market is a non event.

These results will draw a line in the sand as to what margins we can expect from Chrome.

Surely cash generated from their chrome business can support growth in Zambia!!

I've very interested to see what profits we generating from Chrome.

Will be interesting to see what Chrome is pulling in...

Hopefully it's not a let down.. like the share price

They raised 13 million dollars in January. I don't think they used it so they have plenty of cash.

Does anyone know how much profit we looking at for Chrome year ending June?

I see Galileo is up almost 7% on the back of a drilling license.

Here we are commissioning a multi million dollar project with massive potential and the market hasn't even lifted an eyebrow... day is still early though..

Thanks Gray.

We will probably get an interview today... although still not sure how this whole closed period works..

What's important now is the completion of Sable.

I haven't been able to find the exact month Leon said it would be completed? Can anyone remember or maybe reference it here.

My take is that Leon probably won't give an exact (date) take?

Imagine we get news that Thutse and Roan are complete this month in an RNS... might even lift the dismal share price!!

Taken from RNS published in April 2024.

"The construction of the second Thutse chrome processing module, with a capacity to produce 300 000 tonnes of chrome concentrates per annum, remains on track for completion in August 2024 and will bring Jubilee a step closer to achieving its targeted production of 2.1 million tonnes of chrome concentrate per annum."

Since it's been built in SA it should actually be built on time... hopefully..

I detest trading BUT when you down 40% and invested here for over 12 years, it's time to change the game plan. Anyway it's only less than 10% of my current holdings.

If Leon stuck to his timelines I wouldn't need to trade at all.

And I would be much happier for it.

Anyway atleast we know 100% for certain we getting the financials this month. No more second guessing. Would have liked the operation update last month but I guess that won't happen now since we in a closed period.

I dumped 250k at just over 8p and been buying them back recently.. thanks Frog

Leon will have to tread very lightly for the next 28 days which isn't going to bode well for the share price. Could be a magnificent buying opportunity if the share price capitulates... which now seems more and more likely since I don't expect any good news just yet.

He's obviously under an enormous about of pressure from all sides ( institutions, IRH, Government PIs). My opinion was that he bought shares to show things are progressing but probably slower than he hoped and doesn't want to give an update till we at nameplate. Which quite frankly could take another month or so.

For those bed wetters I'm not being negative I'm stating the obvious. Open your eyes.

I see this as a buying opportunity and so should you all!!

I was hoping that they film the drone footage the past weekend and the new video would be released today.

Tomorrow then for sure!!

Dorfan, why don't you leave your phone number up here AGAIN. That was really silly wasn't it. Luckily the admin deleted it for you as it was rather quite embarrassing.

For someone that claims to be a past chairman I'm quite surprised by the rubbish you write up here.

After all this waiting I think us LTH deserve an update this month. Especially that we keep getting told it's almost ready. And Leon said he would be posting a new up to date video of Roan due next week.

The last thing I want is another excuse to keep us waiting another month.

So let me get this straight. If Leon and Neil were to release an RNS today saying Commissioning is completed it would perfectly fine. Even though they both just bought shares... I highly doubt it's ethical!