Member Info for HarmProf

Ardbeggar, the main issue with Jubilee - Seis seems to have inside information - Nobody knows where the Jubilee acquired licenses. Cadastre map is outdated, inaccurate. So, all is guessing. What is important is that Jubilee got licenses and I hope, am convinced that they did their home work! Surface copper is likely more than 25 million tonnes (to estimated 45 million tonnes of copper). Do the math! Under this surface, we will only get the Molefe Mine drillings in a few months. Sure there will be more findings in the greater Molefe area!

Galileo report update: where is pit 1 (one)? My understanding there were 9! Spending is $ 700k USD to develop a mine and the reason for delay to build concentrators is that they should not allocate them on a spot with high underground copper resources. This info tells us that they have most likely hit significant underground copper resources. Please tell me if the interpretation is incorrect! Jubilee need x 3 concentrators for low grade surface ROM ASAP!

I think the SA BEE appointment is the next to step down?

Gotreal, the exact location of the likely fragmented 25000 hectares licences to Jubilee is unknown to me. Not published. Jica (Japanese) explorations west of Kwabe described surface copper oxide grading as at Molefe. They did not report on under surface copper. The Geomin (Hungary) data reveals that underground copper was found. Recently, we been updated about finding at Molefe. So, I am satisfied that they most likely will find significant copper finding at below surface level. We wait for resource update only for Molefe! Surface copper likely between 20m and 45m tonnes in the licensed area. I will not request the detailed studies from Jica 1989-1995, but await Jubilee and Galileo data.

Last. I am confident that Jubilee did their homework, obtained all info about past exploration and drilling including surface soil findings. Maybe Jubilee find significant silver in the exploration area (although byproduct of Zn) and so much opportunities. I trust they selected the right geographical areas for the exploration activities.

Gotreal: https://openjicareport.jica.go.jp/pdf/10419000_02.pdf - not easy to read, but interesting information. This info is in the public domain and I am sure that Jubilee technical team got much more info. The Chinese hunting for ZN and PB and as mentioned in competition with Jubilee for licensing areas.

Please fill gaps, and provide comments were I go astray. I try to understand the strategy and potential as an active investor (not a trader).

Are you able to assist me with how Roan can produce 1,000 plus pure copper? I don't get this the produce now 300 tpm and when the increase 1,5 than bit less than 500 tpm (45,000 ton per month). The front end module, floating, etc.? I am not clear.

Ask Leon and Jonny the details.. check.

Sharing and hope this info will be useful for some..

The 25,000-hectare license area sits on a scientifically proven foundation of deep drilling that dates back over 70 years.

- Total Drilling: Rio Tinto (1955–1959) and Geomin (1970–1972) combined for over 13,000 meters of diamond drilling.

- The 9.7M Tonne Resource: In 1972, Geomin estimated a resource of 9.7 million tonnes at 1.62% Cu. This was found in three distinct copper beds totaling 4.7m in thickness.

- The 6% Zinc "Hidden" Discovery: Diamond drill hole SB 20 (Rio Tinto) intersected a massive zone of 6.16% Zinc (Zn) over 9 meters (at 96m to 105m depth). This proves the area shares the same geological dolomite horizon as the world-famous Kabwe (Broken Hill) Mine.

Apparently all in the 25000 hectares Jubilee acquired and I guess the used this info and likely drill at the same places.

The main reason the project was abandoned in 1975 was the water level.

The Failure: Geomin tried to sink a prospecting shaft to reach the copper beds.

-The Depth: They only reached 37 meters before the shaft was flooded by the massive karstic (limestone) aquifer.

- The Result: Without modern high-capacity pumping or modular leaching tech, Geomin suspended the project in 1972 and abandoned it in 1975.

Modern technology can easily solve the water level (reminder Kabwe mine went to 850m deep and actually lowered the water levels) - interesting readings). The cost will be higher when mining below the water levels, but when high copper grades are found than... Of course the mapping of surface of above water level resources will be done and my guess much above 20m tonnes of copper. Of course an estimate). So Molefe/Project G / 25000 license area could provide sufficient copper for Sable for many years. Exiting times ahead and perhaps the finding will be a high grade copper at deeper levels. Modeling copper production is not that complicated with 2-2.5% and .7 % low grade (but according to me there should be at least x 3 - 30,000 tonnes concentrators. Interim ramp up of production is important but overall picture more important.

https://openjicareport.jica.go.jp/pdf/10419000_02.pdf

Roan - will the produce > 6,000 tonnes copper 2027. Likely more when front end unit is fully implented. Of course cost is higher than ROM from own mine (Molefe).Still not sure how they workout a targetted 1,000 tonnes per month for Roan.

LWP - Jubilee to receive management fee and royalty (that seems to be on and option considered by Jubilee - target a JV with many e.g 10 (could be more if we use 30,000 tpm concentrators or 3,6m tonnes per year - pending funding appetite by partners-. Roughly 20,000 tonnes of copper per annum.

---These profits can be used for decommissioned Mopani refinery to tackle cobalt and copper in the slag), etc.

I could be wrong, but Jubilee has a bright future ahead.

Nevergiveup,

1) I do not anticipate a particularly strong outcome for Quarter 3. This should not influence any investment decisions, as the trajectory will inevitably with ups and downs.

2) Quarter 4 will carry greater significance. No excuse with rain, Sable upgrade, Roan, etc. all projects on the go! It is time to deliver! and

3) I sincerely hope (or rather belief) that the copper findings at Molefe will prove substantial; if not, a reassessment of investment levels will need to be considered. Will it be surface scavenger or mining at depth to produce the copper? Also to be released in Quarter 4.

Good luck with trading this share!

Morning Nevergiveup! You had a nightmare and still not yet awake? Wake up! What you describe is not the reality. Jubilee will soon report on the copper resources under the ground at Molefe. Copper production is ongoing and increasing month after month. Copper prices remain high and demand exceeding supplies for many years to come. Drink a cup of coffee and buy a few Jubilee shares!

Gray, At 2.8p, the position was not a gamble. MetalTrade simply lacked sufficient information at the time. He never bought any share and the investment choices should be respected. Updates on two other opportunities were also shared, which I value. Jubilee will deliver the profits. Prospectus is worth to keep on the radar or to invest.

Correction typo. Prospect Resources is expected to release its findings towards the end of March 2026, while Jubilee’s update is anticipated April / May 2026. Should both prove positive, investors could be in for rewarding times. Jubilee investors appear overly focused on the >80% probability of success in ramping up copper production. In reality, the share price could rise sharply even before the resource findings are announced. A further bonus would be if copper production gains traction within the first six months. Why are we bashing people for their posting on this board?

Prospect Resources is expected to release its findings towards the end of March 2026, while Jubilee’s update is anticipated April / May 2025. Should both prove positive, investors could be in for rewarding times. Jubilee investors appear overly focused on the >80% probability of success in ramping up copper production. In reality, the share price could rise sharply even before the resource findings are announced. A further bonus would be if copper production gains traction within the first six months. Why are we bashing people for their posting on this board?

Prospect Resources is one with reasonable probabilities of success, offering potential rewards for investors prepared to embrace a higher level of risk. Frogboy, when will you become a man?

MetalTrade, there are clear parallels between hostage psychology and the 'locked-in' investors at Jubilee. However, these investors entered this 'jail' voluntarily. Many now moan bitterly about their 'stupidity' for investing too early—some even fled, turning unrealised losses into realised ones.

Meanwhile, the 'clever money' entered at the right time and is now firmly in profit. With the probability of finding significant resources now exceeding 60% and a production ramp-up of over 100% in a single year, the market's obsession with short-term production figures is merely a distraction from the bigger picture

You want to invest us in the two companies. Tell us about the ROI for both. None is producing anything at this stage (is this correct)? So we buy potential profits?

Bottomsup, 1.07 ZAR is critical. I hope we break that level this week. ActuaryBoi, I don't think there will be an interim dip. Kalan, your emotions were at play! I could be wrong! Sharing my diarrhea!

Hi Bottomsup, you mean leakage of information? No, I don't think so! I suddenly realized that production data is not relevant for the next 6 months, but the release of copper concentration at Molefe within these 6 months. So, investors will position them according to me. The posting about missed targets, anything in the past doesn't interest me at this stage, but the how this scenario or multiple scenarios will play out in the coming months! I don't understand why others don't see this and continue to harp on the past.

A good day for Jubilee! (No Imodium at in my drug cupboard. I just let it go!) Copper production could be irrelevant when we consider a resource release by Jubilee within the coming months.

"The technical bilge is fine for 2024, but it doesn't hold water in 2026. Copper is at $13,000/t, JLP has $90m in the bank, and the bots are clearly probing the 5p breakout at 4.475p. You can keep the 'verbal diarrhoea' and 'bilge'—the rest of us are watching the tape."

Seis, skeptical? Prevent pump and dump? What is your motive?

SA traders (JSE). Watch the arbitrage gap (LSE). It was significant yesterday and less today. Easy money!

MetalTrade, Jubilee got the momentum and guess you are a momentum trader! The trend is your friend!