Member Info for Jonah58

Good point MH. The interesting figure from these results is the greatly improved extraction rate (more pgms from less feed). This is highly encouraging.

My thoughts too, DBC. Ridiculously low liquidity here. A half decent set of interims would be very interesting. I'm holding.

50 m placing at 20% discount today at Galileo. 'To accelerate drilling at Star Zinc'. CB seems anxious to move that one forward now.

Nice post, MH. There have been several posts comparing construction costs and ramp up at Kabwe to Hernic, but aren't these completely different kettles of fish? Hernic uses gravity spiral separators and foam flotation technology, while my understanding is that Kabwe is a leaching process (do we have any track record in setting up and operating this sort of operation?). I think the only thing we can carry over from Hernic to Kabwe is the fact that our BoD delivered Hernic on time and in budget, which in itself is brilliant.

I think we will hear something on Platcro and on Kabwe before the end of April.

Nice one Kiefly. I note that 'Hernic consists of ...a platinum group metals concentrator plant...' I thought that was ours; probably just a mistake.

I read the results differently, Dundee. This looks like a significant turn-around to me, and the reference to the post reporting figures appears to back that up. As you say, the market will make its judgement, but the lack of liquidity here could well be interesting. I'll be hanging on for the next interims.

nice RNS. Should see a rise here.

It seems, from the market response, that the interims were very much as expected. The interview, however, is interesting. Leon stresses 1. Cash flow positive 2. Progress with DCM PGM project 3.Strong cConfidence that license in Zambia will be sorted 4 mentions projects under consideration in Tasmania and South America. (first I heard of them). I am not holding my breath on news, and suspect sp will rumble around its existing level unless the PoP goes up (which would be a major driver). But still feeling generally optimistic.

You make a good point MH. It's as though all the credibility lies with Leon. This is an intriguing situation indeed.

Haven't been through this with a toothcomb, but it does look as though the next six months at least should be (very) profitable for Blackham provided the price of gold holds at its present value.

about a 2% rise.

Hello and welcome. Interesting few weeks ahead. 3.9 should be fine imho.

No message? Silence is golden.

Don't get side tracked, MB. I like your headers.

I am afraid, after the podcast, this leaves egg all over C n L's faces. That is the reason for the sell off. Not the financials. It's hard to credit, but after PLA perhaps we should not be too surprised. Just topped up at 2.8. Sucker for punishment. Gla.

Thanks. Just listened to it. Quite a repetitive exercise, with lots about how our existing projects are establishing our credentials for bigger projects etc. Colin insistent that our stake in BMR is not just a 'Kabwe bolt-on', but gives us a serious introduction to Zambia and other projects there, with copper mentiooned several times. A lot of infrastructure already in place at Kabwe, but plant will be financed by drawdown on Riverfort, as will construction at ASA for the platinum circuit (smaller, cheaper and quicker to build than Hernic) Business rescue at Hernic not impacting current situation there and not expected to in the short term BHP and Tjate; nothing interested said. Platchro: awaiting test results before deciding on strategy. Lots of talk about discussions with 'major players'. Partnerships/ profit sharing the preferred model for funding rather than issuing equity (!) Have I missed anything?

Did anyone take notes on the webcast? I had to take my very old car to the garage this morning so missd it. (Was planning to buy a new one when Jubilee hit 6p. Told the garage man I needed it to last another two years!)

Ashworth Global Investments have 5% share. Anyone know anything about this outfit?

Webcast Tuesday 6th