Member Info for Kalan

An rns meet obligations.

We small time investors live for the next rns and once you read this one it leaves a sense of disappointment because it's not the rns we want to see.

We have to wait for rns's on copper, there's nothing to say just now - it won't be long - this rns is of little or no relevance to the ongoing company. Relax - they messed up in S Africa and have underdelivered on copper - we know all that - what happens next is all that needs to exercise our minds.

All that would help give the sp a boost so we can get out Ardbeggar. Producing copper from those processes will be vital for cash flow and a rising valuation.

Lets have it all! Or indeed any of it.

If you have an ISA from your provider and you stay with that provider, then your first payment in the new taxyear isn't into the same old ISA, you are in effect opening a new ISA for this tax year.

This is explicit with Hargreaves Lansdown and they give you a screen where you can see how much of this years ISA allowance has been used so far. It's all pretty seamless as your details are already on record with the same provider and gives the impression that you are not opening a new ISA, though in fact you are.

Tempted to top up despite swearing that a million shares is enough. Come on JLP, produce some fe..ing copper.

Thanks Jolly1. Geniuses has been the more recently used plural of genius when rferring to people. I prefer yhe old fsshioned genii for the plural of genius when referring to people. Its so much less clumsy.

Technically you are correct that in modern times genii has been used as the plural of genius spirits. But si ce they dont actually exist it seems a waste of an elegant word.

Thamk you for beu g my genii in this matter.

Yeah I messed up.

My guess is 10,000t coper units in 12 to 18 months time.

Estimated selling price of $10,000 at that time gives $100 million revenue per annum. Profit? Who knows?.

The holy grail of 25,000 per annum production at $12000 per tonne gives $300,000 per annum revenue.

It's the potential that keeps us hanging on. Mugs or genii?

Erudite, succinct and pertinent 4Everlong - I was just thinking they were dumb two hats.

Your post is probably better.

Thanks for your contributions Papaki - most informative (note: there is no point engaging with gotreal, he refuses to accept any realistic assessment of the situation and turns it into a personal attack and then is usually backed up by Shuvlin to 2-1 the sensible poster).

Keep posting please and don't be put off by the residents.

Good news that Peppermill have sold out entirely. Their sales have obviously helped to depress the share price. The new owners are thetefore much less likely to sell those shares. Any decent buying pressure will move the share price rapidly. Just need to produce lots of copper. Should have been at 25,000r by now with a share price North of 40p according to Gotreals hype from 18 months ago.

Hes been a bit tetchy today. Maybe its his cycle.

Not stated Harmprof - the figures I used are for capacity - possible to calculate if capacity will be utilised from expected feed rates and recoveries.

Personally I would be happy with production in excess of 5,000t and delighted with 6,000 for the next quarter annual equivalent.

Next quarter expectations:

Roan average 925 tonnes = annual rate of 3700 tonnes.

Sable 525 per month average minus Roan feed average of 300 tonnes (avoiding double counting) = 225 per month = annual rate of 2700 tonnes.

Total average expectation 6,400 tonnes prior to Sable upgrade or am I wrong??

Good to see cash has been received for S Africa assets. One sixth so far.

Next quarter production at 6,000 t per annum equivalent in total? Only had time to scan read at the moment.

Good points metaltrade. The current position with JLP is an emerging copper producer. We are only about 10% along the journey and that 10% has been painful. We await news on many fronts. On copper price, just a couple of weeks ago I did a bit of research into copper price predictions. The outcome was an expectation of a fall to $8100 in the next 6 to 12 months before a steady rise to $11,000 in 2027.

Copper has gone up in the short term. Hedging or not, JLP should do well with that range as long as they acieve to plan ( precise details unknown).

I am from the uk Harmprof - the stuff I am typing is called English - I know it differs from the stuff you type, but mine is definitely English written by a PERSON from England.

Yeay we got there - the 6th. Of course that's the earliest not a deadline. I know we have all been uber patient but more is needed - lots of "ducks" to get in a row (you gotta love a Colin Bird saying).

Positives: an update is coming, copper at a healthy price, pgms bringing in short term cash, multiple objectives to be set and reported on, 3 chances of success with the 3 pronged approach.

Negatives - possible late reporting, possible underachievement.

We are focussing very much on the negatives as a result of disappointing performance on the copper front thus far - have a little paattiieennc

The low price tempts speculators to take a position prior to an expected news update. As you would expect. Maybe some of thosewho sold after the director buy and took threi cash elsewhere to trade until the 30 days were nearly up.

5th October is 30 days after director share purchase.

Said it at the time - the 'residents' disagreed. Now the 'residents' were relaxed on the time frame all along Frogkid.

On a positive note - if they are waiting 30 days from the Directors buy then news should be material to the share price. When it comes out.

Looks like SLP shareholders need to take profits and put them into JLP.

The cash will ensure we dont get dilution. Share buy bacjs are for when JLP ihas completed capital projects and is turning profits on the bottom line. Not before. Copper production now, strategy, costs and timings. Accountability to the above. No quick fix here. Delivery required. 2 to 3 years needs to be an investors time frame IMO. Should know more by October 5th.

My advice is same as Bluebelly - and to ignore everything gotreal and shuvlin post - they are indeed the ones who try to shut down any discussion that does not agree with their posts.

The company is selling off pgm and chrome business in South Africa to concentrate on copper - a mixture of mining, processing waste material and also the prospect of a partner to help get a massive waste rock project from waste to copper.

The cash the company will have should finance the whole lot with the partners help. Valued on assets and cash the share is worth 5.5p to 6p, Based on future profits which in turn depends upon the company setting out a strategy with timings and then delivering, the share is worth between 1p and 17p.

All of these are my own opinions - hope they help - personally I would take 6.2p right now and not look back. No-one is going to pay me that so going to hold for the next year or 3 and sincerely believe I may be able to sell at 9.5p at some time in that period. Good luck.