Member Info for Happydays43

HI Frog, the CEO mentioned the finance of the project in a recent interview, and themn yesterday in another interview he said the plant will be paid off in three months from earnings with a dividend coming next year.

So far the CEO is making good on his promises.

I'm hoping Leon will be saying the same thing :)

Ok, I'm been a bit hard on Jubilee or am i.

And they offering a dividend next year.

Copper 360 up another 11 percent this morning. That's 32% in two days.

They managed to do in 1 year what JLP has taken in 4 years. No wonder the share price is in the dumps.

A new ish listing on the JSE called COPPER360 just produced there first bit of copper for delivery (136T)

THE SHARE PRICE WENT UP 20%%% today.

Copper360 CEO Jan Nelson commented the Nama plant “produced 136 tonnes of concentrate over a commissioning period of three weeks achieving our plan. The achievement is remarkable in the light of the fact that concentrate grades in excess of 30% were produced.”

I must sayCopper360 are doing great PR in South Africa were as you never hear of Jubilee Metals on the South African news channels.

Thanks Dru, definitely feels like forever.

Atleast these next 6 weeks should determine JLP future. So "forever" might change. :)

Dru, I've been invested 12 plus years in Jubilee then renamed to Jubilee Metals. Hope that fits the bill..

Sorry I need to proof read before I push post. But you get my point.

Quite frustrating any slight negative news and the share price drops 10%. Then any positive like today like the two new 5 small copper miners JVs and share price does absolutely nothing.

You would think every copper JV they get the share price moves atleast 2p up!!

Every green article is mostly about Copper and yet NOTHING IS PRICED INTO JUBILEE.

Strange times we living in. It will change just bloody frustrating at the moment... patience patience 🙏

Gray1 , go back and read my message again. That's Chrome and PGMs. With an uptick in PGM prices.

Stop acting like an imb#cile.

Nice find Frog... more pressure coming on Copper prices.

Another 130 000 tons off the market.

Doesn't seem that much this could be the tipping point that shoots Copper to the moon.

Also remember Jubilee will have an additional 20 000 ounces of PgMs material that they could send to for tolling if prices permit.

I said from Chrome and PGMs Sumoskier.

Yes PGMs are suppressed for now but not for much longer imo.

100 000 000 million dollar profits on chrome and pgms not far off then there's COPPER.

From what I remember Jubilee traded as high as 22p when we hit 50 000 000 profit.

So by end of next year we could be a 50p company.

In March 2024 Jubilee’s chrome concentrate production was 145 102T

So 145 102 x 12 = 1 741 224 per annum.

Now you add the additional 300 000 coming in August and the next 300 000 by year end you looking at over 2 340 000T per annum!!

The market is sleeping on this.

As Mikie pointed out a few weeks ago some Copper producers are up 200% in the last few months!!

Imagine that???

Don't get me started Frog... anything negative said here and you get shot down from a dizzy height.

Just wish we were already producing that elusive 1000t per month!!

Unbelievable the market isn't snapping up these cheap shares. ESPECIALLY AT COPPER PRICES. A bit shocked at the moment.

I refuse to accept this additional 6 week delay without proper explanation.

Let's look at this logically.

When you place an order for specialized electrical components there are timelines that become part of the contract and missing timelines results in penalties. I understand some delays but 6 weeks to me is either a major design change or gross negligence in placing the order.

Leon needs to detail the six week delay. I can guarantee you the market isn't going to like this an will punish the share price. We have another six weeks of uncertainty and I suggest Leon's gives a PROPER EXPLANATION!!

I've waited 12 years what's another 6 weeks.

I'm not surprised in the least. Atleast we getting more carrots again.