Member Info for Iluvise68

I guess it must be promising news otherwise why simpy repeat the latest presentation?

A lot of contributors to this board have short term horizons. The key here is that the amortisation schedule will repay the loan over its three-year term, (beginning with USD 15.97 million in amortisation (CAD 21.40 million), interest commitments and associated set-up costs to be paid throughout 2023). Assuming they go for orqanic growth & no further credit - there will be significantly increased free cash flow in 2025 and 2026 (or am I missing something?).

KR

Latest interview on proactive

https://www.proactiveinvestors.co.uk/companies/news/1031700/jubilee-metals-group-ceo-lays-out-key-targets-for-remainder-of-2023-1031700.html

I'm afraid thats paywalled

Sorry where is this TW comment form?

It’s a good opportunity to average down - it surely can’t go much lower

Aye, where there’s muck there’s brass.

They’ve secured the tailings but assume that works won’t commence for a while yet.

The full report has more detailed information and is easier to digest than the presentation.

Patience will pay off in the end - there are a lot of headwinds atm and Slater plays the long game.

The NPV10 does not take into account future growth or undrilled locations so there is scope for future increases in that valuation (in

Line with the company reports).

Https://www.reuters.com/world/africa/sibanye-says-still-race-zambias-mopani-copper-mine-assets-2023-08-29/

The competitive process is still ongoing, It says here that Sibanye will bring in a Chinese Partner (JV) if successful.

An insightful commentary here on Slater investments website (the latest grwoth fund interim report) i.e. falling commodity prices are responsible for the fall as well as execution issue (which are hopefully in the past). In respect to the Northern strategy it says the funders (the banks)were awaiting lab results on the northern tailings before funding expansion (the northern tailings are different from the South). My understanding from the latest news is that these technical issues have been resolved ( I stand to be corrected) . Further it suggests further expansion is fully funded and will not be from capital dilution.

https://slaterinvestments.com/wp-content/uploads/2018/12/Slater-Growth-Fund-Interim-Report-2023-Final.pdf

It’s rated a hold by Questor - the article itself is paywalled but someone on here may have access

They are clearly making a lot of ££ and reinvesting this into Zambia and new chrome projects. Value will out in the end.

HTTps://twitter.com/Jubilee_Metals/status/1694239282280481046

CEO, Leon Coetzer, talks to Phil Carroll and Kevin Hornsby regarding the Company's recent news and its South African and Zambian progress.

Those who got the company into this mess I.e. rmm management have absolutely no control over the process. The decisions are taken by the secured creditors..

No way - given the proven reserves/potential would have to be at least 45p

Follow the smart money and ignore the traders and rampers. They bought their assets from distressed sellers and they gave refinanced and reduced the dividend so they are not themselves at risk of being a distressed seller - any deal/ purchase would have to be a gift horse.

They cant buck the market - much depends on rsing OG prices. But they didnt appreciate the implicaitons of an amortised loan to the monthly dividend. But it is what it is - and no use complaining as it aint coming back. Quarterly though are on the way and potentially buy backs.

It’s nonsense