Member Info for Heroric

As stated, as a share holder, I will continue to call regularly for what in my opinion is a failing CEO to be replaced.

Chatmandu

Well done for extracting that information, on targets and delivery. It's is an abysmal record and how the same leadership can be in place with that record is beyond me, let alone given a bonus! Add to that agreements on both chrome and platinum that forced jlp out and made a loss while everyone else was seeing profits on a metals surge. The performance is staggeringly bad in my opinion. LEON OUT.

Production is abysmal, a million miles from guidance (as usual). Honestly talk of 25kt or even 6 or 7 is laughable. How ceo still has his job is beyond me, let alone recieving bonuses etc. All in my opinion

LEON OUT. The only thing he grows is shareholder dilution, shares in issue and an undeserved salary

You are right it's no time for silence, we should all be chanting "LEON OUT" daily. Leadership change is essential, as under Leon it has been woeful. Any communication or RNS from him is pointless now as the market has learned the hard way not to believe any production guidance, timings, frankly, anything in my opinion. So: LEON OUT.

The board LIES continue. Having very clearly stated no more dilution to shareholders, pretty much the first thing they do is More dilution. Another 72million shares... THEY ALL MEED TO GO INCLUDING THE CFO. They are blatantly dishonest.imo

Sadly, same ingredients, same result. As ever, I say again the CEO needs to go. Late news, Bad decisions, even worse performance and the usual future hope that won't happen.

Share price reaction says it all. And as ever dates mixed up and as confusing as ever .

Late, another copper target missed, still no partners. 900ish t of copper a quarter is not a viable business and miles away from what was promised. Lower targets and still failed to meet them. I feel lied to and dint believe a word the CEO says. Cannot understand how he is still in the job.

Gotreal et al, we are "ranting" on a public forum as we want, nay Demand leadership change. The CEO needs to go. There has been consistent failure this past 5 years and false promises. Trust and belief is all gone. As someone pointed out we are still not even producing the copper level targeted 5 years ago let alone 25kt!! Even then what we are producing is now from bought in 3rd party ROM! It's shockingly poor

Given the RNS from the 23 September 2024 stated below. It is clear IMO this was misleading/not true.

Remind me again why the same CEO responsible for this RNS is still in place?

Shuvlin,

Agree the CFO change is welcome, but with so many inaccurate promises/statements ow whatever you term them, it is no longer possible for people to take seriously what is said or the projections. Trust is gone. The only way to address this is a change of leadership. Perhaps Leon could be retained in a technical capacity, but it needs a leader that can command trust of the market. Current CEO has said "exciting, tremendos period/ opportunity too many times banded around numbers and timelines that are never met etc. it has to end. Maybe he is trying to now do that who knows, but the targets and numbers keep getting smaller and yet jlp are still not hitting them. Do you really trust believe what he says any more? Logically the company should do well, that's why I was here albeit stuck underwater. I feel like the leadership needs to get out of its own way.

Those propping up and supporting current leadership is argue are a large part of the problem here.

I read far too many "this time next year rodders" it's been the same story for years and yet still it's all about next year... Sorry but without change it will be the same story next year too. CEO out now.

Shuvlin "the company needs a fair chance" lol they have had a chance for YEARS. They have spent MILLIONS as evident from over 3 billion share on issue, but the reality is they are producing bugger all in fact less than planned last year and the year before that! I've been here for many years, they have had chance after chance after chance. It's time for change. If you can't see that I worry.

CEO needs to go, should have gone a long time ago.

Copper targets keep going down not up and they still haven't hit one. Decent copper production looks further away than ever. Most of what we are producing is from bought in 3rd party rom despite all this dilution on mines etc and piles of low grade rom. Of jlp can't use it, what's the point. Don't see how it's any difference to chrome or plat that at least we produced enough of to make a profit.

It's like groundhog day. Change is needed and it should start at the top.

I see the market was unimpressed with the update.

SLP 1 yr share price performance: +88%

JLP 1 yr share price performance: -38%

SLP 5 year share price performance: +45%

JLP 5 yr share price performance: -43%

I can only assume the CEO/board are made out of Teflon. Shameful performance.

Looking good value with huge dividend paid quarterly. Not really getting the negativity. Seems a great income share to me and will be having some more.

I have voted no, not sure my 2m shares will make a dent though!

All in my own a opinion:

HOW? is the CEO getting away with being so ouragiously far away from his projections and targets on copper, repeatedly, year after year after year? Then even daring to put a FY26 forcast (having spent even more money and more dilution in the past year) that is much lower than the year before. And claiming growth and success. Has this guy not got any shame?

How is this board still in place? How can a board ressomend the sale of its profitable business when the copper play has to date and continues to be utterly dreadful?

I have lost any and all respect for Slater / other institutions invested here for continuing to prop up this complete joke of a CEO rather than ousting him and indeed the whole board.

I am sorry to say this leaves me with worrying questions. Who is the sale to, who are the owners/shareholders? I think this needs to be disclosed

to JLP shareholders.

There cannot be a single reasonable person that believes a single word the CEO says anymore about copper plans, projections, power security, strategy or direction. Its like a leaf in the wind.

I am trapped here and livid. All JLP had to do this year was nothing, just count the money from existing operations and shareholders would have enjoyed some loing overdue share value appreciation - like every other player in the market with the basket price increases.