Member Info for Happydays43

So what made South African headlines this week is a company called Copper360 that just listed on the JSE. They a pure copper play producing ONLY 1200 tons per annum, the price went up 300 percent!! in two days after listing. It's at about 100p now. This just highlights what Jubilee can achieve if we were more vocal in the media in my opinion. Most people I speak to dont have a clue who JLP are. Hopefully this changes soon!

Hi Dorfan, who is the analyst?
Thanks.

No problem Seis, I'm sure Leon eluded to about 22 million in the interview. Which is close to what I'm getting. I remember the commentator say 44 million a year would put JLP on a PE less that 5.

Average earnings for PGMs including the credits for chrome is about $900 per ounce as per the spreadsheet in the latest RNS?

Seis, correct me if I'm wrong but that 110 tons is the contained cobalt (pure metal) within the cobalt hydroxide final product. That's how I understand Leon explain it? So no need to x by 28%. I could be wrong but that's what I thought. Can you double check that please.

Mikie, I'm getting roughly earnings of 22 million (6 months) which is what Leon eluded to in the mid week Sunday roast. That's if we continue to use Windsor.

Didn't WH Ireland have a price target of 29 or 30p target 2 years ago. These paid idiots should be banned. Trust gotreal to follow them... this guy is clueless.

Unfortunately it's out of Jubilee's hands. They all set to go, as Leon said all the designs and breakthrough techniques have been exercised on a pilot system in SA and he's very excited to bring it to the market, the problem is the TAX issues which we have no idea how much is owed and how long it could take to get solved. We do know that the president is getting involved but this sounds like it's been going on for months if not atleast 2 years. This doesn't stop us getting up to 10 000 tons per annum which is the most important thing at the moment.

Hi Seis, can you clarify also in your email whether the upgrade to the front end of Roan (to take ROM)has started. It's not mentioned in detail in the company update which is annoying.

I'm sure it's not the grade. I think they cant run Inyoni at 100 percent during stage 6. Hence to cover the shortfall they outsourcing.
Most if not all PGM producers last production time last quarter so why would JLP be any different.
I think they been prudent by outsourcing to diversify risk. Very smart imo.

I know he also said the PGM isn't affected but it clearly is.

Seis, I listen to the presentation again for the 5th time and he says Inyoni is affected when SA goes to Stage 6 and above. I live in SA and a large part of 2023 has been at stage 6. We at stage 6 now.

Well the market wanted an update and it got one. Good to see everything on track. Just need the Cobalt price to start ticking up.

What to expect next week in terms of an update.
1. Roan upgrade to start early April.
2. Expecting the TAX issues to be sorted out in April.

As CEO you can't say things with no follow through, your share price is gonna take another beating if you stay quiet.

Exactly Dorfan.

Seis, thank you.
I still feel there could be a production update for PGMs. Everyone knows by now that Leon is very enthusiastic with giving predictions. All I'm saying is give us and update with some figures. After all there should already be a huge improvement Let's keep this momentum going that Jubilee so dearly needs.
Otherwise we know what happens... share price fizzles out..

Platinum hits all time highs in Rands
Well well well.
This needs a major re-rate now.
LEON, can you please give us the quarterly for PGMs and chrome!! Why miss an opportunity like this when we had a decent rally!
And are running at 100% at Roan?
Thank you in advance.

Seller seems to have disappeared:)

Higgins, other favourites are "game changing" , "advance talks", "breakthrough ".
We have yet to experience any of these and market is getting tired of all talk no action.
I'm still hopeful but not to much longer. Personally I need to see results (to the above mentioned words by Leon) by June or I'm out.
Not sure why we haven't had an update as to whether we reached nameplate as it's been almost 2 months when we were at 80%..

not* sure

I'm sure if Leon addressed this but the 130 tons ROM from third party, are we charging a tolling fee or are we buying the material outright??

Thanks.