Member Info for Kalan

although gray is right - hands down. i for one was not expecting any copper modules to be under construction yet.

from the placing rns:

"pay the initial payment of us$1.75 million, due under the agreement for the acquisition of the copper waste rock dump announced on 12 december 2023 detailed above and progress resource and process design (a total of c.us$4.5m).

· expand the sulphide recovery circuits at the company's sable refinery to accommodate increased sulphide concentrate production from newly acquired projects (c.us$5.7m).

· progress the project development phase of the mufulira **** project, with early-stage bulk trial and processing (c.us$2.5m).

· for general working capital purposes."

just expecting them to be planning, as stated, and hoping they were ordering the long lead items but not sure they will have. mufulira finance as above.

the one thing i've always been sure of is the last point - for general working capital purposes, i have no doubt that this has been actioned, given the delay and then another delay.

not being negative - being realistic. not de-ramping - i now own more jlp shares than i have ever done before.

manage expectations - i value jlp at 17p with a $3800 copper margin (it's more than that now) - nothing for the waste rock project in there as i see it as a medium term project i.e. coming into it's own in 18 months time.

Based on the charts, as usual. Backed up by copper surge, added another 100,000 today. Around 7.5p.

Still concerned about delivery in regards to Roan, but chrome price holding up., platinum up as well and whatever we're producing in regards to copper is at least getting sold for more, so the delay is important but they shouldn't run out of cash.

Just over 2 weeks to the promissed land we hope.

Sorry 7.35p to 7.4p - sorry for any heart attacks. lol.

"From a TA perspective, JLP has not only broken out of the top of the downward channel of the last 3 years, which is enormously positive, but as long as the current trend maintains we shortly will see a golden cross of the 50 day moving average price up through the 200 day moving average, another incredibly positive event, technically. When these things are picked up, as they will be by trading programs, we can expect to see some fireworks....."

Funny - I've been reporting on all this for weeks and not a positive comment ? p.s. the graph doesn't show the golden cross - but it is certain to happen, mathematically.

Nice to see that Buttermilk is getting a warm welcome now he only posts positives. It's really lovely isn't it. Meanwhile sp drifting down as predicted early last week, look out for 3.35p to 3.4p top up's if you can get them. GLA.

Drifting a little whilst we wait for Roan. Good support at 7.25p. Anyone looking for a top up or getting in for first time, 7.35 or 7.4p could be a good point to do that. (Just my take).

In the Sunday Roast interview Gray1, Leon was at pains to point out that modular means they are copies of each other and stand alone, but it doesn't mean they are small. Procurement should, hopefully, improve on the Roan experience. The money for advanced ordering was in the last rns wasn't it. They are aware of where the hold ups are likely to be and should be across the problems by now (assuming they haven't spent the entire placing on Roan and Sable - of course they haven't, just joking🫣).

I have first week in June jotted down as the time they should be chucking stuff through the new, fully electronically controlled front end at Roan. Anyone got any better idea than my best guess. I remember Leon saying we would have increased production in this year half, so it may be a little later, just musing around when investment stops on Roan and accelerated income begins.

Early days here. I had end of June down as production start up in my investment notes. the buy rating at 60p was a nice push tot the sp. After buying in at 37p and averaging down 4 times, I managed to do a little better than break even and sold up for now. The charts were indicating a pullback. Going to come back in with all of the money taken out and probably a bit more. Just giving it a rest for now, pleased to have recovered my position and coming back anew with profits in mind. GLA, especially you Roxi, kept the board ticking over through the bad times, your voice will hopefully be drowned out by newbies in the coming month or two.

Copper gone back above $10000 on that news.

Some of us never learn dbh, that's why I'm illiterate. I have a recommended read for you, o dia wots the title, got my wive to rite it down fur me, o yea "How to win friends and influence people", that's the one, enjoy the read.

Meanwhile, looking past the short term, which I hope we can do now, fingers crossed, done some copper research and $12000 per tonne is on the cards, as many have been predicting. I know I'm behind the curve, always best to look at what JLP is doing now before we get excited about crystal ball gazing. The mist is clearing and I can see ........ huge revenues, and my grandson is going to play football for England. In the short term he needs to learn how to tie his own shoe laces first.

2 mins 30 to 4 mins.

Apologies, bobbill

Difficult to say how the sp will react bobtail. From charts and indicators there's lots of small level resistance up to 7.7p. It could be about another month until news of Roan up and running . At that point increased volume could see the sp power through 7.7p then I don't see any problem getting to my personal target of 9.5p. Roan start up cuts expenditure and increases income - JLP becomes cash flow positive from then on. I don't think many current holders are in the mood to sell off their shares at just above 7p. As you say new investors might want to see financial results before buying. Fortune favours the brave - sometimes.

Todays action enough confirmation for me. Fully in with my extra money. It has momentum without news.

Thanks Jolly 1 we need to keep up standards and I wasn't thinking, much apreciated.

Quite a few sellers at 28p this morning - maybe you are right Roxi there may be a buyer in the background if they are accepting sells at 28p with Akatara still a couple of months off.

Here here Gray. Surprising what went on just a few decades ago. My dad used to do coatings similar to artex and he mixed the stuff up and then put his hand in a bag of asbestos and chucked it into the mix on a daily basis. He was diagnosed with terminal lung cancer a couple of weeks before my wife's diagnosis. He also has been a chain smoker since he was 12 and is now 83 so it probably wasn't the asbestos that got to him (he's doing ok - had12 sessions of radiotherapy to shrink the tumour and hopefully can enjoy his last months/ years pain free).

On another sad note - pity Frogkid has come to his senses and taken a vow of silence - good poster, sensible and level headed. And now to complete my eclectic mix of posting topics - just sold my other share (not selling my JPM china growth and income though - very good moves recently) to free up more for JLP -charts show we are trapped between strong support just above 6.8p and the psychological barrier of 7p. Stochastics have been excellent indicators for JLP recently and are pointing upwards, bollinger says it's going to break one way or the other in the next week. MacD is tantalisingly close to confirming another move up but not confirmed. Put in one third of my freed up cash at 6.94 and holding the rest back for another few hours or even a day to see if that MacD can be confirmed. GLA and take care of your health Gray1.

Platinum is exactly where it was 6 months ago and is 20% lower than it was a year ago. I would say that gold strngth may have helped halt or slow down the fall in platinum. Can't see that being a big selling point for JLP shares. Wheras Roan completion and copper higher are where JLP can attract new buyers. Let Leon focus on getting stuff done and the rest will take care of itself. Steady as she goes, this year the share price has completed it's fall, undertook a bottoming action and started an upward trajectory. All in 4 months. Not a bad turn around after 3 years of constant decline. The rocket has been manouvered onto the launch pad and the thrusters are being readied. Always takes longer than you think to get everything in position. Im rowing to Africa with the electronic components. Just crossing the equator. 3 weeks to row and 3 weeks to grease the palms of customs. June 3rd for first copper yhrough new front end. Honest.

I think we may have a quiet time of it through May Roxi. Would be happy with the sp going sideways for a few weeks. I think June will be when we start to move North of 30p in anticipation of Akatara gas.

He was going to post earlier but his mam was late making him his lunch..

I have 4 targets.

8.25p to give me a one bagger this time round.

9.5p because that's what I was aiming for when I started looking in here.

17p because I think the sp can get there without the IRH deal.

£1.20 just so gotreal can be right for once.