Member Info for Kalan

Thanks for that Harmprof. I suppose it's the next step in so called investing in our dumbed down world. Ask Chatgpt or the like if JLP is a good investment and then buy on the clunky answer it emits.

Good luck with that.

I think the market agrees with you Northern. PGM's have spiked and now copper is at $10100. These things would normally bring in punters and create excitement around JLP. The actions of the company have reduced trust and everyone wants to see them deliver on promisses and are prepared to wait for the facts before selling or buying, hence the low volume and range bound share price.

What the company says has little effect on the share price, the sp will only respond to actual results. In true JLP style, they may belate and the plan may lack detail and then delivery will not match expectations - however, we have all noted a change in style and rhetoric and priorities, so you never know we may get results on time, detailed planning shared with investors and delivery of the copper at or above guidance. We wait.

Welcome to gotreals poetry corner, drivel and swivel - impressive.

As for Harmprof - new to the board - so he , she, it gets the treatment from the resident bullies. He needs to disclose his holding and average share price to the residents in order to gain any kind of standing in this esteemed company.

We are a bunch of rag tag amateur investors trying to make some money without actually going outdoors or doing any kind of work. we are nobodies in the grand scheme of things. Some on here held from 2p up to 22p and back down to 2.7p and then have the audacity to say others are talking drivel. Just back off new posters and let them be. If you don't like what they post then don't read it. they have every right to post what they like and don't need our permission. Going back under my rock now. Have a nice day.

30 days is 5th October. September will have ended by then.

Hi bottomsup. It's best to ignore folks who try to manipulate share prices through rhetoric - they have little to no effect. The share price moves on supply and demand for shares to the market makers. I'm quite relaxed about the current share price action. The director's buy initially gave a few confidence to hold onto shares they may have considered selling and a few others confidence to dip their toes in the water. A small rise ensued which was a decent % rise for the speculators.

Investors are now sitting tight awaiting news. The speculators received a clear signal from the director's purchase that there would be no news for 30 days from the date of purchase, so some of them sell up and speculate elsewhere. The share price drifts sideways to downwards as a result. They will be back in the week before the 30 days are up and the sp will firm accordingly. On the news it could go either way obviously, but the talkers uppers and talkers downers have little to do with it.

The next week or so is a topping up opportunity for the brave before the short term speculators get back in and the next piece of (good?) news is out.

Could see 4.5p in 2 to 3 weeks IMO but probably not. Good luck.

Or don't bother doing any thinking and just cut and paste again and again and again. Yawn. 😴😴

With volume so low Bluebelly it's difficult to make any valuable judgement on the support. It's not as if buyers are waiting to re-enter at a certain level. We are drifting, mainly sideways. The longer we drift the more likely it is that there will be a slight drift down. The current entry point is a decent one IF you believe in the fundamentals looking forwards. Bad news will make some sell up, any good news and the share price will spike a s new buyers chase it up in the absence of any real selling pressure. Good news or bad news is in the gift of the CEO - it's got to be good news or at least decent, hasn't it?

While it's quiet. the charts and indicators are not showing any strong direction short term (weekly) or longer term (yearly).

However, I felt that the short term bottom was being put in yesterday (hence bought for the 3 grandkids) and the weekly chart looks like the price is set to firm up a little IMO.

On the yearly chart - it could drift lower or spike up (nu sh.... sherlock). Just for putting in the back of one's mind, if we get good news (such as a JV on the waste rock) then the spike IMHO has 3 barriers where it may peak at. Firstly 4p because of it being a rounded whole number (psychology), then 4.4p (recent high) and 4.7p which has been, on multiple occasions, a magnet for the JLP price over many years, twice in the last 12 months.

Just sharing info for those who may consider selling a tranche after a potential spike and buy back in after a pull back. (I repeatedly did this on the last JLP upward move and turned a 70% gain in share price into a 203% gain. Of course I then bought back in too soon, got distracted by more important real life issues and gave it all back plus more. Such is investing.

Come on JLP, delivery, delivery, delivery as that to.s p.t stammerer says.

Thanks for posting something useful Harmprof - much appreciated.

Agreed Gray1 - to realise the value will take time - we need to see consistent copper production, followed by rising copper production, not going to happen overnight.

The margin's are crucial, obviously, and it's good to see copper above $10,000 again in that respect. Overheads will need to reduce as we ar in one country only, but mining will increase costs v waste processing, but at a higher % recovery rates. All this will need time to settle down and be released.

Catalysts for an upward move could be a spike in copper price, waste rock project significant progress, Roan exceeding expectations at this point, good assay results from exploration, Sable upgrade completion and maybe some unexpected news.

Grandkids just topped up on a bit of a gamble on copper price spike pulling in punters - I told them to hang on but they are are impetuous youths. the 3 year old is getting quite strong opinions now but he makes more sense than many investors in JLP.

Nice try dorfan - inserting a FACt into the middle of the petty squabbling. A really important FACT - but no - the petty squabblers are here to squabble - not take part in grown up conversations. Thanks for sharing your info once again Seiss.

The partner pays 25 million and then provides processing. They will do this for profits. JLP will provide the material and knowledge/ management, for a profit.

The split of costs and potential profits is completely unknown to us and the two parties are also in the dark to some extent. Its a huge resource but as folks have tried to point out to those who refuse to listen, the numbers are vital to the future valuation of JLP.

Harmprof. Thanks for directing me to eagle 1234's post. I had a little chuckle. Thanks for the advice eagle. But really you dont know gotreal or JLP or the history. Thanks all the same. My response harmprof is to ignore his posts as I do most posts. The people worth reading stand out a mile. Id take a rebuke or advice from that handful of people. My post stands and I think its pretty accurate. But its only my opinion, which is worth no more than yours.

Don't disagree with anything you've posted Northern. My post is all opinion and gut feeling based on what we know and my experience of the company. Got my fingers crossed that gotreal is right for once, north of 15p in 18 months, at least he's consistent, massive hyping, I will settle for 6p in 18 months. Being out thought by gotreal will be a first and leave a bad taste in the mouth, but a price increase of 400%, 500% or more in 18 months would be a great sweetener.

Having been in JLP for many years my take is this:

Talk of Tjate, buy backs and dividends is all for our consumption, to make sure the sale of S. Africa assets went through without problems. I would like to be wrong on all 3 but I'm not counting on any of them any time soon.

The debt position was perilous and has been addressed.

The dilution position was not sustainable and has been addressed.

The over promising is due to be addressed in September with wipe the slate clean new targets and hopefully timelines.

Under performance will then be transparent relating directly to the new targets. Underperformance partly addressed.

Roan is on safety mode - defined proven input and output. Below our expectations but a solid base for taking risks elsewhere.

Sable to be based on mining and therefore will have higher costs but a better chance of achieving design output.

Roan will be upgraded again with leaching and extra capital once Sable and mining are up and running and paying the overheads.

The waste rock project is being kept separate in the form of a joint venture. JLP get capital and reduced income, alongside reduced risk.

JLP will sell anything not related to the 3 copper strategy to ensure capital is available.

Overall, there is clear evidence of risk management being put in place. Capital requirements are still hefty, despite Leon's statements but these are being managed to prevent future dilution.

Hoping for break even in 12 months and growing profits from there, hopefully well before they spend all the capital raised.

Share price should get to 4.5p in next 12 months if targets are met and 6p in 18 months or so as production kicks up. with a rise in copper price to around $12000 and hitting all targets in 3 to 4 years we could see 13p to 17p. Personally I hope to stay around to see 9.5p at which point I would sell. Looking at selling and buying tranches on the way up to leverage profits. GLA (Just my opinions and I'm certain I won't be right on all of that but it's a scenario to measure against)

Welcome to Jubilee Copper.

(Apologies Cygnus and Axial, if hybrids work for you then that's ok with me - I just don't see how they are any better for 'saving the planet' than a petrol with the small mileage you do and the environmental impact of battery production and particulate emissions. The cost and depreciation are prohibitively expensive too. But you are not emitting fumes from the exhaust pipe in your neighbourhood which is to the good. Tories were going to ban hybrids in 2030, Labour panicked and moved it to 2035 due to all the problems involved in going pure electric. Time will tell and enjoy your vehicles).

Stick or twist coldfeet - always tempting to twist - sticking with what I've got but you might well be celebrating your buy - keeping my cash for a new car (decided on petrol as we already have a diesel). Good luck.

I think this has the best chance of actually getting emissions down and being practical.

Electric cars will probably be the Betamax of our age - they only have one advantage which is zero emissions in the locality you are using it - in every other aspect they fail to deliver (maybe acceleration if that's your thing).

Hybrid's are a disgrace - a bit of electric but mainly run on petrol to get around the impending and ever moving ban.

JCB - hydrogen engine for farms and building sites - tick.

Joint venture in Japan - a hybrid that uses hydrogen to create electricity but only needs a small battery - developed but not yet commercial - looks a real solution.

Even a water powered engine - sceptical but you never know.

For me electric is not fit for purpose - they are ok for milk floats.

As a footnote - a previous owner of my house owned 2 glass works, one in Rotherham and one in Barnsley and he wanted to travel between the two but fuel was rationed in the 1940's so he fixed a giant balloon above his car and filled it with hydrogen, which then was put into his internal combustion engine to propel the car - quite a sight at the time apparently - i don't think he bothered with approvals from anyone. Hydrogen and electric vehicles have been around a long time, the ICE with petrol and diesel was more convenient and cheaper and still is which is a major barrier to our politicians and their zealotry.

Some facts:

Tjate is a non starter.

Gotreal is a nasty little person who likes an argument and to put down anyone who posts anything sensible and well balanced about JLP - he believes that anything other than over the top positivity makes the share price fall - he's deluded and not worth engaging with.

I'm with gray 1 - unhappy with record on copper production thus far but holding over a million shares until JLP delivers on the copper strategy

You drill competently. You assess yourself competently.

Then you needan industry standard so that people cant lie about what they have.

A JORC compliant report is required which needs to be completed by a competent person. They will assess, cores, maps, drilling locations and agree the size, quality and extent of the reserves.

Some people need to stop posting as the more they say, the more they exposevtheir ignoeance. GLA. Have a nice day.