Member Info for HarmProf

Sirboring, best to email JMorley-Kirk@jubileemetalsgroup.com. The reporting of Jubilee is patchy to say the least. I hope they will be able to produce sustainable copper next year and gradually increasing the output at Molefe (also at Roan).

I also hope jubilee is able to push all copper fines accumulated on site in June 2026. Sable will process this in July 2026, so revenue in the new FY 2027.

Do you know when the next payments will be made from SA assets? I lost track.

I will be in Durban this weekend - Ironman Durban 70.3. Maybe you will be around.

LWP a few weeks to go and if no progress or not concluded than it is time to demand clarity.

Modular unit progress will be reported in the Molefe presentation (I hope), but it will be most likely in July 2026.

Https://x.com/Jubilee_Metals/status/2062563218342514811?s=20

The copper fines on the way to create revenue...

Sirboring, why do you want to know the tonnes of copper sold so early in the morning?

Qn60, there will be no Molefe presentation before the vote! Just vote Yes, because accelerating Molefe mining and exploration makes sense.

Chatmandu, the point is that they state a 8 day maintenance period and they cannot even get this right.

Kalan, Jubilee should not waste money with RNS to state the expected copper production this year. It will be around 3,000 and could be less.

Molefe presentation will likely be in early July with update on the pre-stripping phase (to be finalized in June 2026). It means that Jubilee should report on the production in July 2026 for Molefe and this should be in line with guide Jubilee set for FY 2027. Similar for Roan. However, will the end of July 2026 see a reliable copper output for Molefe and Roan?

LWP is due in June and update on modular processor is also due end of June 2026. My guess is that all will be done in July 2026.

"Roan will commence with its scheduled annual maintenance on the 8th of May 2026. The Roan operations will be stopped during the scheduled 6-day maintenance period." Why report in June that it is operational again? It means the annual maintenance was close to a month? The front end unit with major design errors is now not considered a core production asset. it is optional?! It is a bit frustrating to notice that once again a set time frame was not met.

It is all about lost trust and without a clear picture of exactly how the capital will be used or how much existing stakes will be watered down it feels not right. It is reasonable to request more details and investors should not be afraid of losing a major investor when Jubilee has got significant resources at Molefe, and these resources will attract investors!

Investors should not have to guess or read between the lines. If a board wants authorization to dilute your holding, the very minimum permissible detail they owe us is a clear, un-mystified breakdown of the capital's exact destination and its direct route to profitability. Yebo, yes!

Jubilee want the flexibility to issue shares and dilute the registry by 7.5% to fund the expansion, but they are giving us a mystic narrative ("growing confidence," "strategic positioning") instead of hard math. Similar as in the past. So, nothing has changed! Show us how the money will accelerate profits!

It could also be that they realized that they don't have the expertise and knowledge and forced to buy this to become profitable. Here we go! All is open to interpretation at this moment.

Jubilee, the integrated copper producer and resource developer in Zambia, announces that it has secured a US$1.5 million unsecured convertible loan note investment specifically designated for the accelerated development of the greater Molefe region. The investor holds a successful track record in the development of various copper projects and formed part of the team behind the development of Mantos Copper and its subsequent merger with Capstone Copper (Investor).

Even though the announcement names Capstone Copper and Mantos Copper to establish credentials, it still structurally refers to the counterparty using the capitalized placeholder. This is a classic corporate legal mechanism. The financing vehicle (the $1.5 million Convertible Loan Note) is technically signed with a specific special-purpose vehicle (SPV), private investment fund, or a nominee entity controlled by that development team rather than Capstone Copper's primary listed corporate treasury.By detailing the exact corporate pedigree (Mantos/Capstone) without naming the specific private investment vehicle or individual signatures, Jubilee fulfilled its obligation to tell the market who they are dealing with operationally, while keeping the structural entity details confined to the formal legal circular.

The Mantos Copper Track Record: The team behind this investor originally acquired the Mantos Blancos and Mantiqueira copper mines in Chile from Anglo American back in 2015. They successfully restructured these high-cost assets, optimized their processing efficiencies, and expanded their life-of-mine. The Capstone Merger: In 2022, Mantos pulled off a massive $3.3 billion merger with Capstone Mining to form Capstone Copper (TSX: CS), creating a premier, multi-asset global copper producer. The Connection to Jubilee: This investor knows exactly how to scale copper assets and optimize refining circuits. Jubilee has explicitly noted that they are in discussions with this group not just for cash, but to leverage their processing and engineering expertise to scale production.

Will Jubilee release the Molefe presentation before the 8th or the 15 of June 2026? I guess so, to get buy in from shareholders.

However, will they use the additional funds to buy more exploration and mining licenses? Most likely they will do! Jubilee continue to play the cards close to their chest....

I don't care what Jubilee produces this year! We wait patiently and let us not use the past to predict the future performance... that is all. It was a tough year. FY 2027 Jubilee must and will produce, but the increases in production will be steady and not explosive IMO.

Weekend around the corner and some talk about cobalt processing as byproduct, and another of takeover by the Chinees, others about an inability to extract a profit from LWP, and some continue to point out that Jubilee never meet or exceeded an own set guidance or target in Zambia, etc.

What counts is to get the copper production going (ROAN and Molefe), to deliver on the promise to announce JV partner(s) for LWP Quarter 4 FY 2026 (1 month to go!) and Molefe resource presentation with hopefully higher % copper in the soil and even more under the surface. Progress with modular unit at Molefe should be included in the presentation.

Kalan, I don't expect an update how much copper will be produced this FY 2026. It doesn't matter anymore let Jubilee present the final result and guidance for FY 2027. We all go for Q1 FY 2027.

Wishing all a wonderful weekend. Cheers!

There is not much news and we must be patient till the end of June 2026. Ai, it is only 18 May 2026. Anyway, update from myself. Have not sold and also did not add JLP shares. Maybe in mid June 2026. Comrades, 85,7km 14 June 2026 and training keeps me busy. Just want to reach the finish line. Durban to Pietermaritzburg. Any other investors taken part in the Comrades. This will be my sixth..

Hi, I like the straight talk. Dewatering system takes years to work it out. Makes sense according to me, but now it is sorted. So, there is progress. Nobody asking the difficult questions like you do at Roan. Why go back to high grade when low grade issues are sorted and pay with shares? What do I miss?

The question of credibility regarding Leon Coetzer (LC) remains central as we wait to see Jubilee’s strategic vision become a tangible reality. We have all seen how goals shift and timelines are extended; therefore, healthy scepticism is justified.

Best is to wait for the RNS with copper produced and profit made.

Roan production, capacitation, etc. remains difficult to understand. We will see how it progresses.

It serves no one to turn on each other now. The promised production of 25,000 tonnes feels a long way off, and cash flow is likely a pressing concern while we wait for those profits to materialise.

This 2026 FY we hope to break even.

2027 FY could be with a decent profit ? 6,000 tpa or perhaps more. (This could be almost double the output of FY 2026)

We bought Jubilee shares and cannot blame anybody else why we bought it at a certain level. There was no instruction to do so, but a voluntary act.

We will soon know if the LWP and the on-site modular units for the Molefe projects will become a reality, rather than remaining strategic references like the 25,000-tonne copper goal. While a clear date has been set for the finalisation of the JV (before the end of Quarter 4), we are still waiting for a definitive timeline for the Molefe modular unit (supposed to start in March 2026).

Regardless, the Molefe Mine is expected to produce a steady minimum of 15,000 tonnes per month starting in August 2026. We hope this will be supplemented by an additional 110–120 tonnes per month of copper from fines at Roan. With the Molefe presentation scheduled for the end of June, we have less than two months to wait for more detailed information.

Quarter 4 copper production above 1,100 tonnes will be a sign that Jubilee has turned the corner. It means for the year 3,200 tonnes.

With less than 2 months to go before the FY 2026 is done and dusted Jubilee refrains from providing an production update.

Not sure why so many mention many other things. It is about production and Q3 was underwhelming in line with the expectations.

Q1 FY 2027 production discussions would be interesting and should be around 1,500 for each quarter or 6,000 tpa.

Correction and apology.

Jubilee production for the year likely slightly above 3000 tonnes. 34% less than 4,500 tonnes and close to 40% of 5,100 tonnes guidance. They could break even year end... At least there is progress.

Jubilee production for the year likely slightly above 3000 tonnes. 34% less than 4,500 tonnes and close to 60% of 5,100 tonnes guidance. They could break even year end... At least there is progress.

Strange, why this RNS is not out as it was moved from 01 May to 05th of May 2026. I am unable to find a valid reason for the delay, except the new last minute finetuning of the RNS with important information for shareholders.

Gotreal is right about the impact of rain on production and run AI to refer to relevant RNS: 5 October 2025, 17 December 2025, 19 February 2026. So, reference was made in advance to the impact and production estimates made provision for this..... and he did not include worse case scenario. Seems that everything is worse case scenario for Jubilee.