Member Info for Kalan

thanks for sharing gray 1. my back of a *** packet method is due to the lack of clarity and constantly moving variables (the clue's in the name).

6500t at $9400 copper gives 3.6p

8000t at $9400 copper gives 4.4p

16,000t at $9400 copper gives 8.8p

6,5000t at $10800 (recent high) gives 5.3p

16,000t at $10,800 gives 13p

25,000t at $13,000 gives us all pie in the sky.

wrestling with chrome, pgm revenue, costs, overheads etc is time consuming and delivers little accuracy, so i just say between $900 and $11000 for platinum and chrome price down but production up - these about cover all the tax, overheads etc and value jlp on copper in the here and now, as a base line price, emphasis on the baseline. add what you will for future predictions and subtract what you will for dilution and disappointments.

my method will indicate to me when jlp is cheap or expensive. right now it's cheap because of the seller that continues to sell. add if you have the cash and cahunas (other spellings available).

PGM's edged up again, nicely above $1,ooo for plat and pall. Copper above $9400. China getting touted as the comeback kid, Hang Seng up 21% since bottom, which is bull territory.

All good for JLP.

But a seller is still active and the messaging around copper changes on a quarterly basis. Hopefully the former will be gone by the end of the tax year and by then (6 to 8 weeks) we will have updated copper targets based on actual production.

At $9400 for copper, 8,000t new annual production and a p.e. of 8 my estimate is now 4.4p for the value of one JLP share.

Should PGM's continue to rise and get above the $1,100 level for platinum, then this could add to JLP value (a bit of a long shot but you never know).

At 6500tonnes and a pe of 8. I had a valuation of 3.1p per share. Chrome and pgm's paying overheads, copper providing profit.

Dilution has had negligeable effect.

Copper rise from 9000 t to 9325 adds 0.4p (0.1p per $80 ). Giving a share valuation of 3.5p.

IF we get a 1500t increase in copper production (seems ball park) in the short term, we get a 23% rise in share price to 4.3p.

In short, the short term rise in copper price coupled with the anticipated rise in production from today's announcement, underpins the share price at a minimum of 4.3p in my opinion. Add to that what you will for deliverance on the copper strategy 'going forward' and any rise in pgm/copper/chrome price.

Prices can fall as well as rise, other shares do exist, terms and conditions apply. DYOR.

1.7%. Approximately 0.05p per share at current valuation. Increase in copper guidance (hopefully) will dwarf this in terms of the share valuation.

Dilution leaves a bad taste but was inevitable. The 4.2p price of dilution is all important as JLP always drops to the issued share price. We were already at it or below it.

Overall, the strategy was never going to deliver the copper most were expecting with slurry. Now it can be achieved. More important than all of this is the rise in copper price to $9325 today with the two main pgm's above $1000 per ounce.

JLP is a gamble on copper, pgm and chrome prices - pure and simple. The copper strategy has soaked up all of the windfall from pgm's post covid and more. We are waiting for the next windfall - come on Trump - king of the world - do a China deal - you're doing a great job, even if you say so yourself.

Starmer stands comparison with Engels. One had a father who was a wealthy factory owner and the other denies that his father was a wealthy factory owner. Insists he was a tool maker - well we can all see one tool he made for sure. Chortle.

They are always a moveable feast Shuvlin (a capitalist with a strong social concscience, not to be confused with Engels,Marx or Trotsky). 👍

Good to see the ducks are back. I think Colin Bird used those words about 15 to 20 years ago., when the share price was about 4p.

The commodities JLP produce have firmed in price over the past week. This helps with cash flow whilst Roan ramps up - again!. GLA.

I'm with you Bluebelly - a positive development even if it's short term.

Jlp has a good correlation with pgm prices, with much better with copper or chrome.

The sp is currently stuck below 4.3p, a rising pgm basket price could take us through that resistance and the next resistance is around 5.2p. The move in pgm's could be the catalyst for a short term breakout. A 0.9p rise would make £6750 difference to the value of my holding, not to be sniffed at. Come on pgm's, wake up Roan.

Agreed Mr Wait. A brief recent history shows that chrome price rise at the same time as production increases saved JLP whilst the copper strategy unfolded at a snails pace compared to hyped expectations.

We can only hope that a resurgence in Platinum group metals will come to the rescue whilst the latest 'setbacks' are overcome.

Diversification in metal strategy was the right one it seems. It gives us who roll the dice on this gamble 3 chances of winning. Come on platinum. Get a move on Roan. Be a winner Thutse. GLA. Charts offering little hope in next week or so but a potential rise may be in the pipeline. Watch and wait.

Im a Roan half full kinda guy rather than a Roan half empty.

Not that it matters because it's nowhere near either, despite all the positive posters snticipating this last Summer and communications from JLP confirming this all along. I think that's why Edzi and Frogkid are a bit noughty and quite right too.

At current copper price we need about 16,000 tonnes of copper per annum to justify 7.7p price tag by my wholly inaccurate calculations at a p.e. of 8. Doable methinks. Eventually. Hold and add when charts indicate. GLA.

Good points Nelson. In addition sellers have been divesting themselves of this share and they haven't yet finished by the looks of trades over recent weeks. Hoping that they wrap up all the share sales in this financial year. New tax year new ISA and the end of the large selling transactions, coupled with all the positives you outline April could be a good time to buy. Holding onto my 750,000 shares and looking to top up to at least a million in the new tax year. GLA.

Politics and religion affect investments, including JLP.

There is an old saying "never invest in a Muslim country". I would extend that to never invest in a country dominated by one religion.

Anybody invested in North Korea - doubt it - pure communist - all enterprise destroyed by making everyone equal no matter what they're skills or endeavours. Communism = poverty for all (except the dictators). China and Russia boomed as they embraced a more capitalist approach and created wealth for all but more for some than others. Both have retained the dictatorial control that goes with Communism and Religion (see Iran) and this has quickly destroyed Russian Wealth and Slowed progress in China. Socialism is Communism by a slower path but results in the same thing eventually - look how our economy has been devastated in 6 months by a Government that believes it is right to reward the least efficient and most militant workers in the country with pay rises, whilst attacking hard working and successful people in every way they can think.

The politics of America is affecting JLP directly. Copper will be in short supply due to environmental changes is the mantra - Trump has binned this idea, will others follow, how will this affect copper prices. The political shut down for a virus collapsed and exploded JLP share price. Watch the politics and beware the religious wherever you are invested.

For clarity I have been brought up a staunch Labour supporter in one of the poorest towns in South Yorkshire - I joined the Labour party at 18 as I believed that we were poor so we voted for socialism.

At 64 I can now see that my town has got relatively poorer over the years because we vote for socialism.

20 years ago Americans earned 10%more than there British counterparts. Now they earn double what the British do, because they embrace capitalism. If we had done the same, we wouldn't need continual state support because we would all be much more able to pay our own way. Double the living wage and bring joy to the poorest without fleecing the hard working - it's the only way forward. May your god go with you.

Trump is being clever. He threatens tarrifs and then lets each country buy him off with concesssions. A one way win for the US. His first trip abrosd is up for grabs. Traditionally UK but last time Saudi bought tge visit by buying American goods. Wonder how much flip flop Starmer is going to bid to get a friend.

Trump is a vile vile vile man.

Listened to his speech yesterday and take his personality out of the equation and I ended up wishing he was our Prime Minister, admittedly we are stuck with a complete dead loss of a Government who puts Britain last so it's a no brainer, but i think he would have been better than any of the Tory leaders we have had since Cameron also.

We need a revolution to get leaders who govern for the British and JLP need to produce copper, lots of it. Stick o the job description.

Back to babysitting - that's my job description. GLA .

Current pgm and chrome production profit cover company costs (overheads).

Copper pure profit with year end production of 6500t at current margin of $2300 per tonne gives $15 million profit at a pe of 8 gives a company value of $120 million or £96. Current market cap a bit higher.

Indicitive share price of 3.1p.

Add what you will for future growth potential and subtract what you will for future dilution.

Looks cheap to me, JLP always cheap below 5p IMO, usually a good indicator over the decades.

Chrome may rise steadily from where it is, pgms appear to be going nowhere any time soon.

For the share price to rise, copper needs to exceed 6500 tonnes per annum, the second half may indicate this is being achieved, and/or copper price needs to rise. Rough guide for every $80 above $9000 per t add 0.1p to the share price (at 6500t per annum).

Grandkids added some more each this morning.

Aww thanks gotreal for the best wishes. Hope you have a healthy and wealthy New Year, you are one in a million, no I mean it. Pucker up xxx

Yes happy new year to everyone, glad to see the back of 2024 myself- awful time the front and held onto JLP as the price more than halved whilst I was coping. Anyhow, there are things much more important than money. Wishing ALL a happy new year and will finish by congratulating Bushy on the accuracy of his JLP year end prediction (3.2p compared to a mid price close of about 3.56). The rest of us were hopelessly deluded, but this time next year Rodders -well I'm predicting 8.9p - I know crazilly optimistic but that's just our nature isn't it - to hope for the best. Good luck everyone!

4p is a thing of the past Shuvlin. Your wish is JLPs command.

I don't know about that Adejuk.

Unusual, but I agree with Happydays.