Member Info for Kalan

A nice double bottom shown in JLP chart - best since the Cheeky Girls in my opinion * (others may cite better double bottoms seen in women's beach volley ball, who am UI to argue).

* note double bottom does not refer to the JLP double ar..s, they are a different matter altogether.

Back in the real world, oil prices tumbling and hopefully the bends of Hormuz opening up a bit may see diesel and material prices falling which will ease pressure on JLP cash. That's it here in bats..t bo.kers Britain

P.s. on the charts front, a good chance JLP put in a doube bottom, which if confirmed would be very positive.

To add or not to add, that is the question, whether it is nobler in the mind to take up arrows againts nevertogive up and sirboring or to continue to bait gotreal.....

Well having read the rns I wasn't sure of the implications.

Thanks for all the posts. I now am no cllearer.

What I take from it is that real investors ( not us) passed the first and didn't trust the board on the second.

I think that's a positive as those who really know what's going on have supported the Board but madeit clear they cannot be taken for granted. This probably reflects the average wishes of the retail 'investors' on here.

The board know how unpopular dilution is.... ha ha ha ha ha... nearly wet myself.

3 billion shares rising towards 4 billion. They know it's unpopular, so they won't do it again.... f in hell, can't grt my breath... 🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣

Not sure about the relocation to a dangerous city in a 3rd rate country, where racial and religious tensions and violence abound, where women aren't safe to walk the streets and the leader of the city kills off economic activity, not to mention incompetent government which takes freebies that look like bribes.

P.S. for 20 years JLP have taken whatever cash they can from anyone and never to my memory turned it down - they are addicted to the cash that keeps their pay checks coming in and are very adept at packaging it up as a positive for shareholders which it never is. Believe it if you want, I don't.

pps Still invested, cautiously, because as others have said , any catalyst will lift this rock bottom (or close to rock bottom) share price.

80mg needed. Deliver him 20mg and he'll be happy. 🤣🤣

Just a joke Shuv, good luck with your treatment(s).

Good to see mostly positive comments this morning.

Just to say I can't think of anything to say that hasn't already been said. So no comments from me. Gla, hope the presentation has nice pictures.

To be fair seis we have to keep it simple as we don't have all the information.

IF we get 7600 tonnes with 3600 from Molefe to Sable, then hopefully overall margin should be 10% plus and as costs reduce post Iran we should get back to 20% margin plus economies of scale.

It's the 7600 and capex that is a concern to me.

Profit margin for last half was around 20% and that was after production costs doubled.

Overall made a 3 million loss on 1,500t.

Copper price has risen 30 odd percent. Costs of some items up 20 and 16 percent.

With a margin of 20% JLP would need about 5 500 to break even. If the margin is 10% then break even is closer to 8,000t.

Very dodgey numbers and assumptions there.

I'd take doubling production in the real world of JLP. As always with the capex keep an eye on cash burn. Don't know how we do this.

Positive scenario - JLP produces 1 500 in a quarter at some point over the next 3 quarters. Capex for Sable, Roan and units at Molefe secure rising priduction without need to raise capital. Proving of future resources proves positive.

5p prr share easy.

Deliver!

Keep posting Chatmandu. You talk a lot of sense.

Harmprof - you are right they should not waste money on a copper prediction for this year. They should have just said it in today's update. They chose not to - it was a decision not to. They have brought back the share issuance repackaged which they dropped and don't want too much decent whilst they get their way.

I don't think Colin and Leon will change and trading the volatility is my plan. If I get stuck whilst trading then I want the possibility of the share price rising over time, easier to trade that way too. JLP ticks the boxes for me, but restricting my holding due to the whole raft of uncertainties.

At some point all of these posts will be forgotten - drilling results or some other news will move the sp up and rampers will emerge drowning out the nay sayers and then I'll take my profits (hopefully), say so and get berated. And repeat (hopefully). Would love to hold and let it grow - history shows that has been a fools game that we have all been involved in.

Come on drilling, come on Molefe, come on Sable.

Ah I remember the days of come on Roan, come on fine chrome, come on pgms, come on Middleberg, come on Tjate, come on Eileen.

Three things Junior - yes this time it could be different.

- the repeated pattern as described by Chatmandu has been going on for 20 years.

- - finish on a positive - yes the JV appears to be going well - Colin had a lorry with a drill rig on the back - hey up mate - can you drill us some holes, yes says Colin but I need my usual pound of flesh. No problem, when can you start - oh straight away. Excellent - what shall we tell the punters - the usual says Colin - as little as possible but enough to keep them dangling. Righto says Leon - now where else can I raise some money?

I agree with everything you have said Junior.

If I may paraphrase: LWP is there, Roan is a supporting act, Molefe etc is why we continue to hold shares despite an appalling track record on copper delivery.

Have any of you actually read the update.

I own half a million shares. I want the share price to go up.

The update is appalling and I don't need idiotic AI (sorry Foresthome) to tell me.

No Roan is not going to produce 5,600 tonnes per annum.

No they are not using the expensive front end - white elephant and that means the LWR project may be dead in the water (literally) as it is based on Roan front end. The targeted throughput is now 30,000 t (not 40,000 t)of throughput which costs dilution and has increasing overheads for dewatering, fuel and chemicals. If it wasn't for the rise in copper selling price they may as well have shut Roan down.

We are 4 weeks from the end of the year and they can't predict copper annual production - or dare not tell us before voting is complete.

On the plus side - the de-watering appears to have a good chance of working and recovery rates should improve over time. They need to get feed rates up at the same time whilst we are still in the dry season.

Roan is not the game changer we were prommissed, the LWP looks like a waste (literally).

The only game in town is drilling, proving up, JORC, mine expansion, upgrade transport route to Sable making it weather proof as far as possible and finally start delivering high grade copper material mined at Molefe in more than table spoonfulls - there that's my cold rage - of course the market hates the upgrade.

Somebody needs his nappy changing.

Reduced mine supply forcast by 350 000 tonnes.

They haven't accountef for JLP production, so that should br 347 000 tonnes.🤣

Toying with $14,000.

Americans getting loaded up before tarifs?

Correct lootagloot.

Agree with all you've posted Junior. I follow it all and travel in hope. It's not made folks money in the past but good luck. If my trades get stuck in an ever rising share price situation. Iwill be quite happy.

The trouble is Junior. Those that have been around a lot longer yhan 12 months or so have been repeatedly hoodwinked by JLP management. CB, LC.

Your fresh eyes see a mining company getting and using capital to advance copper assets and production through Sable.

More experienced eyes see the latest oportunistic rebrand by people who have consistently diluted, exagerated and dare I say betrayed investors numerous times over 20 plus years.

My take - in the last 6 months the company continues to hold out hope to invedtors such ss share buy backs, dividends, increasdd copper production, partnerships soon, no more dilution. They sre totslly untrustworthy.

I hold shares now because they erre available at 2.8p and on any good news 3.5p is easy and if pumped and dumped again it could be 5p again. On one or both of these numbers being reached I will sell and hope to repeat.

To make money out of JLP I have been far more successful when ignoring the company and foccussing on investor sentiment through this bb and the charts.

Oh and GLR. I traded that some years ago now and first encountered the vitriol of gotreal. Colin Bird was saying they had zinc lying on the surface. They'd just scoop it up in a bucket or two and truck it to JLP facilities for huge profits. The share price yoyoed between .4p and .9p.

What's glr share price now. What happened to the bonanza. Ah but they did get away a couple of dilutative placements for development and general company purposes. I.e. Colin's wages.

Lots of news due on JLP. The pumpets are at hsnd, just need a really good lie or even a bit of positive news. GLA.