Member Info for Kaiser_B

Right I know the subject is there, but bear with me whilst I explain it. So I was looking through the RNS' out today and one was there for Kendrick Resources, about being admitted to the main market and a fundraise. So I look into it and look and behold the Chairman is none other than Colin Bird, so I look at the prospectus and on pages 5 and 7, there was a couple of things that caught my eye. Firstly Jubilee Metals was a shareholder and previous to the fundraise owned 29% of the company and secondly the 'new' company had a royalty right to Kabwe.

So correct me if I am wrong here, but didn't BMR own the royalty right to Kabwe and didn't Jubilee own 29% of that company when it folded.

It looks to me, as though Colin Bird has taken BMR public again, but under a different name and it leveraging the royalty as a means of raising the capital to bring the company through, as they quote a carrying value on the royalty on the Kabwe tailings project of 9.7 million pounds, again that is on page 7 of the prospectus.

Is it worth asking at the AGM, if the royalty is still extant on a folded company and surely if it wasn't extant, we should have had the rights to buy the royalty and not trade or change the name of an old company and then re-admit it to AIM.

Charles,

You do realise that the Caerus RNS, is a particularly good one. Copper mines these days are using 0.4-0.6% of copper for ROM. The copper in Cyprus is over 0.61% and as high as 1.83% and open in ALL directions and potentially will end up linking 2 sites together into one big site and with ALL the waste/tails and other prospective sites around the area, it is not as you say a small project and who's to say that it won't become a multi-metals refinery like Sable is proposed to become, with Leon stating that he wants to expand the Eastern Europe. You quote 35 million as the cost of refinery and concentrator, but that will be 8 -12 months of gross profit from Roan alone and with South Africa feeding itself and growing steadily, that gives us 2 further areas of growth, ie Cyprus AND the Eastern Limb in South Africa, in the next year or so on top of what we are already undertaking with Zambia.

If we can do what we did with Hernic and get the money we spent back PLUS interest and then back to say a 50/50 split on profit, it makes sense to expand to Cyprus, especially with the gold on top of the copper being a nice little earner too.

I have a question for all the people here.

If we were named the investor into the Mopani mine and could bring along a miner to do the actual mining and we did the processing, but it cost dilution to the point of a 100% increase of the shares in issue, with NO discount in terms of share price, but we got all the ROM and spoil/tails/waste from Mopani and got to sell the processed copper anyway, we wanted, would you think that the dilution was worth it or not?

https://www.mining.com/web/zambia-very-close-to-picking-investor-for-mopani-copper-mine-president/

The article you are on about.

I really hope that his recommendation on both here and Hum to short Jubilee hasn't come back bite people in the ass, but I do hope that it has bit him on the ass, as after his negativity on here and telling people we were overvalued, etc, that he has learnt his lesson.

I wonder how his short and recommendation to others to short us is doing?

An excerpt from page 13, under the title of: Development Strategy, and further subtitle of: Road to production.

Surface Materials Plant construction:

Leverage of Jubilee Metals sector leading expertise to build processing plant to serve
operations across project hubs. CAPEX to be funded by Jubilee

Early cashflow access

Scope to target dump material for near term production and cash flow generation, providing lead time for hard rock development and returning further value to shareholder.

Hard rock
Mine plan development:

Joint venture with Bezant Resources
will build mine plan targeting
remnant and undiscovered
resources located across portfolio.

Drilling ongoing at Troulli,
Kokkinapetra & Anglisides.

Operational execution

Bezant resources will leverage
operating expertise to commence
construction with CAPEX and OPEX
funded by Bezant. Processing will be
done at JUBILEE plants.

So it looks like we will be building concentrators/plants in Cyprus then. I can't help but wonder if we will refine it ourselves by building a new refinery or whether we sell the concentrated effort to a refinery in Cyprus. I actually do want us to create a new refinery in Cyprus, because there are a few small companies that ate starting up in Cyprus, that would benefit from us treating their ROM and any tailings/waste at satellite sites, before transportation to a central refinery hub for refining. Especially if they split the costs that Jubilee gets back first between them, it would definitely be advantageous to any small copper exploration and potential production companies in Cyprus to join together and let us treat it all.

Just picked up another little top-up of 1,047 at 14.33p a share. I am genuinely surprised that I was able to get them so cheaply, but who am I to complain. There was always going to be a bit of a headwind from the Inyoni upgrade, the slight delay in copper production and with the clearance of the historical debt, but that just means that there is a better opportunity to top-up at these levels for those who believe in the company and of course, potentially for how long in terms of it staying around these levels.

I am fully aware that once we get Zambia underway properly and producing copper at Sable and the Northern strategy underway and Cyprus underway, which is ALOT for any company to get underway all at the same time, I personally think we will be at multiple levels of where we are now.

I can also see us processing all of Bezant/Caerus Cyprus ROM and tailings spoil, because we can do it better than most people and if we get them going, I can see big mining companies asking us to remove their liabilities from waste/tailings and us being a massive company in the next decade, as the world needs more metals and to do it MUCH more efficiently.

What are the odds that Bushy still has short open? ????

According to https:// www. shortdata.co.uk /company.php?isin=GB0031852162.

There are short positions open, but no companies have more than 0.5% open at the current moment, so he could potentially have an open short position.

Can someone re-post this to Bushy, as he is clearly missing the point or he IS asking the wrong question.

His question is as follows: So how much did that generate Gotreal???

Got real stated the following previously: Copper production reached 2 026 tonnes since commissioning as part of enabling operational readiness to accept first copper concentrate production from Project Roan. Project Roan’s integrated copper concentrator is on track for commissioning by January 2022"

So Bushy, he has just told you how much copper has been generated. If you want to know the amount of money generated, ask that question. If you want to know the profit generated, ask that question. If you want to know how many jobs it has generated ask that. By leaving it decidedly vague, he has the opportunity to call people stupid or idiots, for not understanding a question that the 3 questions above have as much chance of being right when they are attached to such a vague question in the first place.

It is because he has a short in operation and has told others to short Jubilee too. That is the long and short of it. He is trying to make money at other people's expense. He posts blatant falsehoods which is why people engage him, he has openly used raci5t connotations and his posts were subsequently removed on reporting.

Bushy is the very definition of a keyboard warrior, he posts and then hides what he likes and then behind his keyboard and blocks anyone who calls him out.

I do sincerely hope that someone else reposts this on here, because he blocked me for calling out his short and exposing him as being a blatant liar. At the end of the day, I will call people out for ramping for their own game and I will call people out for de-ramping for their own gain, we are here to make money, but we aren't here to take money from others, which is what Bushy and his type of rampers/de-rampers do. So ignore him at your peril, because without calling him out, his falsehoods will continue getting worse and eventually may get to the point where they cause people here harm.

I wonder if his short is still open? To any new people here, Bushy has got a short open against Jubilee, so his posts are to be taken with a pinch of salt, as much as someone who ramps a share up to the max. This share has good people who post well researched information in both the good and the bad. At the end of the day, everyone has an agenda, when they post on a bulletin board, so get the good and bad and then make your own mind up.

Bushy's post on HUM this morning.

RE: gold minesToday 07:48
Off topic so slightly...

Guys, just filter or report the moron, I have a long standing interest in PGM producers, including JLP. I'm hardly going to stop posting what I think because some sad ****on the internet thinks he can police peoples opinions and try to censor what get's posted on a board.

JLP is your typical jam tomorrow, over priced, false promises, lies and capital losses that get swept under the carpet with placings and write downs.

Latest one is the lapse of a 6 million CLN issued 3 years ago for a project to produce 10'000 tonnes of copper within 2 years. Guess what, no copper and now cln to be converted to shares and sold for 36 million.

BOD also sold all their free bonus shares and the chairman has quit with no replacement.

If you have £100 to spare, go and open a short, 400 mill company worth 100 at best. In the meantime I've filtered him so won't see or reply to anything the cretin has to say.

So there is his behaviour and his reasoning for behaviour explained for all to see.

Jlp Positive.

Bushy DOES have an interest here, but it is the form of a short, which is why he is behaving the way he is. So just copy what he puts and take it over to HUM and spin it to negatively affect HUM and eventually he'll expose himself as a prize bell again and then block you for it. Ha ha ha ha ha ha

Just posted this on HUM and exposed Bushy for being a liar. Ha ha ha ha ha ha ha.

So you hav lied to the board today and you have just exposed yourself for what you are.

At 18:44 you state this: Built on my JLP short today though, those 210 million shares are going to sting.

But at 18:29 you state this: I'll post where ever I'm invested Kaiser, unlucky for you eh?

So either you are invested or you are shooting a stock which is it? Also it explains your trolling on the JLP board here, as you manoeuvre to make your short pay off for you.

You really are the lowest if the low and I just hope that you followers on here finally see you for the liar that you are, because you clearly wouldn't know the truth if it sat up and hit you in the face.

It was SLP and SBSW. as it goes and they hacked it up thank you.

Built on my JLP short today though, those 210 million shares are going to sting.

God, I hope and pray that Leon releases an RNS tomorrow for Roan producing nearly a 1,000 tons of copper a month and that we have sorted out debt funding without dilution for expansion to the Eastern Limb and in Zambia and this spikes up to 30p in early trading before settling at 29.5p for the day without any big sales. That would be magnificent.

There you go again with unfounded rumours, plus, I don't see Jubilee dropping to 8p and if they do, I'll buy more, because that will increase my holding by a substantial amount. Ha ha ha ha ha ha.

Ar the end of the day, JLP is making money on each ounce even at the depressed prices from the beginning of the quarter. HUM was losing money when gold was at nearly 1850 dollars an ounce and yes it is nearly 2000 dollars an ounce, but I bet your AISC is nearly 1900 or more for the quarter. Plus you might lose your only producing asset to sanctions. Being honest with yourself, which one of JLP or HUM looks healthier at the moment, because there can only be one winner here.

There you go again with unfounded rumours, plus, I don't see Jubilee dropping to 8p and if they do, I'll buy more, because that will increase my holding by a substantial amount. Ha ha ha ha ha ha.

Ar the end of the day, JLP is making money on each ounce even at the depressed prices from the beginning of the quarter. HUM was losing money when gold was at nearly 1850 dollars an ounce and yes it is nearly 2000 dollars an ounce, but I bet your AISC is nearly 1900 or more for the quarter. Plus you might lose your only producing asset to sanctions. Being honest with yourself, which one of JLP or HUM looks healthier at the moment, because there can only be one winner here.

Your prediction Bushy.

Ha ha ha oh my days you sound desperate Kaiser...

You know JLP's going down to 8p it's way way overvalued. Sell it and buy a way way undervalued stock. You're going to regret it of you don't.

Surely you're not that much of a mug to believe Lemon Leon and his fantasy copper that he's already blown 200 million on to no avail. Even dodgy colin with his confetti cannon has done one from JLP.

What is it they say, "no news is good news" ;-P

Yep, look we are at 8p a share. OH WAIT. That was pretty much HUM wasn't it !!!!