Member Info for Joeman1

There must be a mistake in those numbers IWTO... they (Empress) are clearly returning their investment from royalties in around 2 years.... they wouldn't be able to do that if the plant was undersized......
Current resource is up to 7 to 8 years production with the expectation that further exploration will be additive to this.

I'm following Empress on twitter and Instagram as it seems to be the best place to get updates on Manica..... they are stating production in q1.... im hoping they publish more pictures soon.

Hopefully the beginning of a concerted media offensive to get the word out there so that ears are open when the real news starts to drop.

You forgot to mention JORC on Q1.
That should help the shareprice somewhat.
Merry Christmas guys

I thought we might have had an interview today. If we don't get one, i'm going to guess that we will get another drilling RNS later in the week and an interview then.

from the last interview Brian was definitely in control of things.
The outside possibility was the option to exploit the benefits of all three commodities and it looks like this is now the front runner. So realization of full value might be sooner rather than later - so all good on that basis.
If that is pushing back on the timings for the trial mine (for any number of reasons), it would be a good thing to communicate imo. We are on the journey with Jangada here, i would like to have a window seat, even although im back in the economy carriages.

It is good to see this interview again, but I do think there has been enough of a change/development to warrant another..... if not now, then early 2022.
In this last interview the "mood" that I took away was how certain they were that the mine would be going into operation (and I took it as including the near term trial mine as well as development of the overall mine). I think with the technical feasibility of the mine confirmed and the new year on the doorstep, I certainly think that there would be benefit to be gained from a refresh.

It's on the filters tab at the top of the chat.... you have to add the specific name....

Happy enough with this update on the main project DFS, but what about the trial rig? Will that be a separate RNS?

I dont think this is a turkey. Its broadly similar concentrations to the holes 5 and 6 drilled form the same location.

I think they may have been aiming for some gold in that area.... which they have picked up in 2 locations. Is it enough? Dont know, and maybe we will get an early podcast to fill in the details.

on 5 trades lokanraej? dumped? really?

take a breath and step back and look at the whole picture..... or do we need to get the smelling salts out?

Lol Lucky..... dont judge a book by its cover... just because they say they will go.... dosnt mean they will.

I've never heard of a cash rich explorer, with a world class team, expanding a world class find in a stable jurisdiction, where it seems they are finding porhyrys like pennies dropped at a wedding........ of going bust. But I've read lots of muppets that think it's clever to type such one liners. Each to their own I suppose.

Cela, 2 very different basis of valuation.
Jubilee based upon future revenue streams, so a representative market cap will (eventually) be factored against year on year Ebitda as reflection of Earnings potential..... often a mismatch between value attributed in early operations....but confidence should improve as Jubilee continue to demonstrate efficient handling of their multiple assets.
Xtr are looking to sell a worked up exploration asset for many 100's of millions... and when they do, their market cap will reflect that.

Notice how I didn't need mention shareprice or number of shares? If both companies execute their business model.... the company value will reflect their success.

There is something about the steel industry demand that makes me think that we wont see any great spike in prices.... The shift in economy doesnt have the same jump in steel demand as it does for other metals.

Vanadium and Ti02 both look to have expanding markets though.... so increased commodity prices look to be coming our way.
I think on all 3 the PEA was conservative though.

Thats another small £500 added to my ISA..... lets hope its worth £5k this time next year, then we will know we have backed an absolute cracker.

As they say at Tesco.......every little helps

Good list DCat.... and nice to see a sustained rise here today too. Fingers crossed there is something to tell us before the years end.

That said..... if there is going to be a DFS released along with other significant news, they would be best starting the promotion train early..... im sure there are people who had JAN on their watchlist after the PEA but arent even thinking about us at the moment.

My thoughts anyway....

That's what I have my fingers crossed for Dcat ... the DFS RNS including good information on timings/updates for the trial plant.....
Some companies give out such info over a number of separate newsbitez.... but im wondering whether the biggest stir would be caused by announcing multiple developments at once.
Exciting run up to Christmas

We should be getting our DFS shortly..... I haven't seen anything to suggest it has been delayed further. Anyone spotted anything? Positive or negative?

I agree, I'm not scared of a little more dilution.... we can clearly see where the money goes and the added value thereof.... an extra 1million spent on an increased scope phase 3 drilling campaign will be paid back in value many times imo....

For timings of a raise though.... id prefer it to follow start of Manica production and model update as those will both cement the company's position an the position of Bushranger in the eyes of larger investors.....
Follow the mantra of when my parents used to go to the bank manager for a loan.... in the old days you only got a good value when you went with evidence that you didn't NEED one.