Member Info for Kalan

E.g. - how many t of copper doid they produce in the last month. Would take 1 minute to type and they know what the amount is and yet?????

Agree with all of that Nelson. When they put (170tpm) in brackets deliberately and it is quite probably misleading then it is the faith that is tested. Not big on faith myself. Facts that I can analyse for myself is my preference.

Hi Northern, is it 2,ooot per annum or 1100t per annum? Prior to leaching. Then 1400t per annum after leaching?

Oh dear.

Its always more complicated than we are led to believe. Chuckinh higher grade stuff in, becomes trialling various locations with different tweakings.

Reallistically cant see us getting above 4000 tonnes for this year. Still hopeful on guidance. Munkoyo still rmping up towards, rather than "at" .Saying 2% on 8500 rom is 170 t per month. Is that a going into the plant figure rather than a coming out figure?

Possibly LUFC. 0.75% bought and 0.75% sold so either way a decent sell down and buy in.

Typo.. Thank you for your correction gotreal.

Resilience in pgms. Platinum around 9900.

Chrome around 300.

Copper at 9400 is quite a good recovery and demand in China at a 16 month high.

Positive all round.

Chrome and pgm production reliable, consistent and subject to refinement in priorities based on market conditions.

Just need the report saying that copper production has increased and that it is projected to increase further in the next year and 2 years.

Seller cleared out would complete the set. Movement could be quite dramatic in share price..... IF.

Mikie,

Fingers crossed you are right. The tone of Leon's last interview was more realistic and we are now hopefully in a phase where accuracy is the mantra. no more over promising and under achieving. They want to give guidance based on actual results over a 6 week period with the new feedstock. With only 1 month to go, the guidance should be pretty spot on even if it is underwhelming. The guidance for next year will be more key. we may not get that next week but any information can be interpolated by the likes of seis to give us a more reliable estimate to base progress on.

All these years later and we are back in the same boat Bluebelly. I too have a million shares.. I can see the potential in the charts too but I think momentum is needed for any breakout and that needs a good copper update IMO.

Been watching platinum price. It seams to mevthat bssed on industrial demand re tariffs the price should be lower. Hoeever, platinum has always had a dual role as industrial and jewelry metal. Gold being expensuve, drives people in the jewelry sector to buy the cheaper platinum.

It looks like the direction for gold is uncertain, with etf outflows over recent days as the ukraine war is in a more hopeful position and the tariff situation may be easing. My guess is we could see platinum closer to 900 than 1000.

This is where the South African set up comes in and tweeks in the plants and changes to feedstock can increase chrome production at the expense of pgm production. Chrome at current levels will help sustain positive cash flow enormously.

Hi Actuary. Leon said Sable would be running at capacity buy June/July which would bev8,000 to 9 ,000 tonnes. Lets say 8 000. Some of that is from Roan, so we have to be careful not to double count that quantity. Currently 85% of Roan production goes to Sable. That may well change as the mining assets supply Sable. If we say Roan sends 2,000 to 4,000 tonnes per annum directly to market, we get 10 000 to 12,000 annualised rate from virtually the start of the new financial year 2025/6.

Exta capital spend at Sable should double capacity at Sable to 16,000 and Roan is projected to add 9 000 to that capacity. So 2026/7 should see North of 20,000 tonnes. Will the waste rock project add to that? Pleased to hear Leon saying that JLP is foccussing on maximising profits from already capitalised projects over capitalising new projects. I can see 12p by end of 2026/7. Who knows, certainly not me.

Been through RNS messages and came up with 4,200 tonnes contained copper based on info available. Could be higher if Sable has stepped up production since the first half in December and/or recovery rates are better than the expected 55%.

Expecting guidance of 8,000 to 10,000 for full year 2026. Which would justify a minimum share price of 5p IMO based on a P.E ratio of 8 and copper at the current price of $9400 per tonne and production actually achieving 9,000 tonnes.

Share price likely to exceed 5p as investors will add extra value for chrome, or pgm adding extra to the bottom line if prices of either stay relatively high. Also extra value could be in the share price in anticipation of the eventual rise in production to somewhere near 20,000tonnes over the next year or five.

Would be delighted with a share price of 5p by the Autumn and 7p or 8p a year after that.

Mostly buys today by the looks of it. Probably late sells to balance the books already planned in by the market makers. Usual pattern of late.

Agreed sumo. Thecamount of buying todat should have proppelledcthecsp upwards. There was always goingvto be late news on sells. Good news all round that demand has mopped up 9 million plus shares. Bigvstep to liberation day for the sp.

Alan Clark has been sniffing around the share.

Sumo. MOT is Leeds uniteds song. Marchung on Together. They were promoted last night due to Burnley beating Sheffield United. Just going to wake up my 9 year oldgrandsin. Hes a sheffield united fan.

Congratulations LUFC - genuinely think you have a chance of staying up.

The Leeds manager issued a statement this morning saying he was relieved to see copper recovering to 9300 and platinum at 970 plus as he has a substantial investment in a small eco friendly African minerals producer on the cusp of being promoted to tge ftse 250.

If you want to offload your shares you need someone to buy them. As a former subscriber to IC I stopped reading it because there was plenty of evidence that positive articles were written to entice buyers in because someone wanted to sell their shares. Just saying that recommendations in IC are not worth the paper they are written on. Investors on this bb know far more about Jubilee than the person writing that article, whatever his motivation for writing it.

Good luck Klapka et al. We need copper. Actual copper, not plans to get copper or promises to increase copper - we need COPPER.

Creditcwhere credit is due Mikie. That was an excellent summary, thank you.

Spot on Bluebelly. Good to see plenty of buyers too.

Good to see yhem monetising and not cash raising. 30,000t per month gives 32% increase.

Initial 18,000t gives 19.2% increase.

50-50 share means Jlp increases production attributable to us by 9.6%. Pgm basket price has fallen by about that percentage over the past week. This deal offsets the Trump induced fall in pgm prices.

Chrome now being officially reported as being in excess of this years projections. Even if chrime price pulls back it should do better than the first 6 months. Copper down between 10 and 15% which badly affects margins. Need a marked increase in copper production to offset this, fingers crossed.

Overall, the market has the share price about right IMO.

To warrant a higher price, all 3 metals could increase as deals are done woth countries to reduce tariffs and/ or copper prodyction could make a significant leap up. Fully invested and holding for these things to turn around.

A positive update on pgm and chromevtoday - most eelcome.