Member Info for HighlyGeared

https://www.*************.net/interview-why-are-large-companies-now-approaching-jubilee-metals-group/

From gsg on advfn.

August 16, 2017

hxxps://www.daily-mail.co.zm/is-cobalt-the-next-big-thing-for-zambia/

Zambian mining firms, like KCM, are now exploring the potential to invest more in cobalt production with a view to moving Zambia higher in the cobalt mining value chain. At KCM’s Nchanga smelter we are able to recover cobalt contained in copper concentrates. We produce this in an alloy form known as copper-cobalt alloy which is marketed to cobalt processing plants around the world. So, we are already in this segment of the market, but only on a small scale. I'AM CONSULTING NOW WITH METALLURGICAL EXPERTS TO SEE HOW WE CAN RAMP UP OUR COBALT PRODUCTION. I know KCM isn’t the only mining firm in Zambia exploring this potential for growth.

Percylleyn

Foe JLP prospective cobalt project, look at Konkola Copper Mines, Zambia.

https://www.businesslive.co.za/bd/companies/mining/2018-05-23-vedanta-africa-has-its-work-cut-out-turning-around-zambia-complex/

There's a little hint in the above article.

https://www.*************.net/interview-jubilee-metals-platcro-could-be-bigger-than-hernic-project/

hxxps://www.*************.net/interview-jubilee-metals-platcro-could-be-bigger-than-hernic-project/

From advfn. This says it the way I see it. Kabwe pilot plant was being constructed that could handle 5t of tailings per hour but the new design will probably be near 50t per hour.

IMO the overall plant is going to be bigger. Much bigger.

Fella's. Whats the point of having the guy filtered if you talk about him all the time?

Bring, Agreed.

BringMyReward. At the last JLP AGM Leon stated that the BMR designed Vanadium circuit was being tweeked, and that the Vanadium circuit would be operational one quarter after the lead/zinc circuit was operational. Obviously the timescales have changed since the licence issues, and permissions are required, however it indicates the intention.

MM, Thanks for the update on GLR. I agree that the Kabwe development is key to the development of the Star Zinc property, so the news from BMR/JLP on the mining licence revocation being cancelled, should trigger newsflow from GLR. I'll keep a close eye here and hope to buy before GLR gets moving. I'm holding 3m JLP, having been buying a few more in the 2's. There should be masses of newsflow there over the next six months imo.

Hi MM, I'm a lurker here, as I've continued buying JLP. (Do you still hold?) . IMO a copper/cobalt deal will be signed with between JLP and Vedanta shortly. There will come a time when I'll start buying GLR, so I'm interested in your thoughts. I've read through the BMR rns in detail and I can't see any connection in that statement to GLR. Could you enlighten me? Regards HG

From post on advfn. A couple more quotes from the Beaufort 2 Feb update. "There is also a distinct possibility of additional acquisitions or investments during 2018." "2018 expected to be a watershed year" Whatever happens, there appears to be plenty of news due over the next ten months.

As previously discussed,catastrophic damage to this company (and our investment) was done years ago by previous directors. I don't see what else Miguens could do other than keep funding the company via placings, which has resulted in a potential 65% holding for the concert party. Trying to get an open offer away in the teeth of a major seller and overhang, does not seem the like brightest idea. Given that they have a London listing with no UK based director to oversee the listing and fund raising responsibilities means they are unaware of the consequences imo. Looking to find any positives from the current situation, the Calcatreu property which they are attempting to buy with the proceeds of this placing, is a much higher quality resource than anything in PGD's current Santa Cruz portfolio. Also, if they could ever get the Chubut property (the reason I invested in PGD) back on track then there would be hope of a limited recovery in the SP imo. I've written this off, but fingers crossed that we can get something back.

Yes, it depends on their cash burn. Hopefully their recent gold production will give them enough together with the $7.5m they received and possibly staged payments for the purchase o fCalcatreu.

Big money? The biggest buy today is �6.5k. Hardly big. My concern is where are they going to find $15m to fund the purchase of Calcatreu? Maybe some from gold production, but that aint gonna get to $15m. Maybe a placing? Possibly staged payments? Calcatreu does look a good property.

madsktpan. I hope you are well. I think Arconas are part of the Miguens set up. They have a shareholding in Quilvest which is Miguens private holding company.

I'm new to this bb. I'm GSG over on the other bb. Do you have JLP on your watchlist? Maybe worth a look.