Member Info for Jonah58

Good luck with your trading, KB. I think the Sp may still have some legs, largely because of the carrot LC dangled about the next set of results. But I agree, it's nice to bank a profit and then enjoy a free ride. I've lost count of the number of times I've wished I had done that!

Good post, MoneyH. An excellent RNS, appreciated by the market.

Like you, I am a bit disappointed by the radio silence on Kabwe tailings. I can see that in the current economic climate copper is taking precedence, but in the long run the standing and status of our company will be hugely advanced if we can clear up Kabwe. This in turn will have major implications for the company moving forward. Leon is ambitious and I am sure he wants his company to do a bit more than just make money.

RNS on XTR.

The Board of Xtract Resources Plc ("Xtract" or the "Company") is aware of recent Zambian media reports questioning the legal ownership of the mining licence relating to the Kalengwa Processing Project in Zambia.



Xtract confirms that it and its directors have not been served with any legal proceedings or restraint orders in relation to the Kalengwa Processing Project in Zambia.

Although much of what you say is true, I can't say I agree with the sentiment of your post Kaiser. Any serious article about the future of the platinum industry in SA is of interest to JLP investors. Drawing our attention to such an article is helpful and I did not interpret the post as in any way trying to advance the investment case for our company.

The US along with UK, Australia and several other countries, is manifestly trying to distance itself from relying on Chinese technology etc, and the process works two ways. It is more than probable that China will pursue their own supply of PGMs. They will want to control a fully mechanised operation ( one of the options considered for making Twikenham economically viable again) and a long term investment in that area is speculative but feasible.

Your comments about our current operations are spot on - those are what our company is about but they don't belong on this thread which is a discussion of whether, at some stage, our Tjate assets might regain some value. Maybe, maybe not - it's interesting. I'm sure we all agree that currently, however, investors should assign Tjate zero value when considering the investment case.

My warm personal congratuions to the honourable Datuk.

Chasing more copper in the Kalahari.

Yes, NoEx, I agree we are due quite a bit of news soon.
1. The value in transporting concentrated tailings from DCM to Inyoni will depend crucially on the PoP, which is holding up well - especially Rhodium. I thnk this will be maintained, or evn get better, but I suspect Leon is in no hurry to cart the stuff over. They have plenty of material close by, and are acquirng more by the minute!

2. We should be hearing about re-commissioning the fine chrome plant (is that at Windsor or Inyoni, the former I think) once that comes on-line.

3. Progress on project Roan should feature soon enough.

4. Maybe sorting out of the cross border issues to get working on the zinc recovery plant at Sable. Not expecting that soon, but Covid situation in SA is easing.

General update on copper/cobalt projects before the year end.

Lots to look forward to.

France and Germany are investing billions in the hydrogen economy in the wake of Covid19.

Quote from BBC news: "About €35bn has been earmarked for projects to make the economy more competitive, and €30bn will be used on greener energy policies. About €6bn is slated for making public buildings and homes better insulated. The hydrogen industry, a sector which is receiving huge investment in Germany, will get €2bn."

Gareth, the lengrh of the trial has not yet been disclosed, but the previous one certainly took more than 24 weeks after the last patient was recruited. Very many studies routinely exclude patients from previous studies in their recruitment criteria. We will just have to wait until the study details are made public and then go over them with a toothcombe!

Thanks for the link Happy. Interesting interview stressing that investors (ETFs) are now paying attention to platinum again. He also mentions a future for clean diesel, something I have been banging on about here from time to time!

Not sure what to make of this 'flatness' mullarky! A lot of 'us regulars' bought shares when they were round about 2.5 not so long ago. Looks anything but flat to me.

Interesting comments at the end of the interview. Still sad that cleaning up Kabwe seems to be on the shelf for the time dbeing though.

Bamps. You omitted to mention cobalt, which commonly occurs in copper containing ores and is currently in short supply. It is no coincidence that JLP have already commissioned a cobalt circuit at Sable.

I don't think it's anything sinister. Just anxiety about the second wave of C19. Price of metals is holding up. I took a small profit with my trading tranche, but will buy back in if it drops further. My main tranche is still invested for the medium term at least.

Well, it's a bit late butif the experience of the MRC is anything to go by, the FDA will have had its work cut out to cope with Covid matters. Now we should learn about the trial design within a month or two and I, for one, can't wait.

Craig, I think MH was referring to the high Sp spike following the granting of the Tjate licence, rather than suggesting we do anything with it. Having said that, the continued (and, to me, surprising) recovery in the basket price might bring the sale of Quartzhill back into play at some stage.

This has been a significant rally against a backdrop of increasing anxiety about the covid situation in SA. Seems a bit illogical, but perhaps the majors will be hit harder than us with consequent resilience in the basket price of PGMs, which seems to be holding well at the moment.

JLPos. I sold just a very few earlier today, but that's because I've run out of wine! I do trade a bit, but am not inclined to sell just now as sentiment seems to be in our favour. I agree that Kalan has a very canny head - hope he/she comes back soon. I think he was shorting the FTSE and Dax so may not be in the best of spirits, but he could well be right there in the longer term too.

Brighton; yes, a bit up and down. The important thing is that the recent gains are being maintained on decent volume. PGM basket price is good but everyone is watching Covid situation in SA. Nice to see a general air of optimism.

Appreciate your views, Dallo. Just a small correction: the centre with a disproportionately high number of recruits was Mauritius. I queried at the time the wisdom of of loading the trial with patients from a small island whose population would inevitably exhibit less genetic varation then, say, Europe. However, I do not recall that these patients as a group differed significantly in response from the rest. Indeed, I am not sure if that particular sub-analysis was ever done or published.

Jubilee Metals PLC
@Jubilee_Metals
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21h
#Jubilee is delighted to be participating in the @*************
online Mine Conference, 18 July, from 9am. To buy tickets visit: https://mineprophets.com

Attendees can access the presentation recording & CEO, Leon Coetzer will be live in a chat room between 10-12 on the day!

Did anyone get to login to this? I was out all morning chasing round the peak district looking for bearded vultures!