Member Info for Kalan

Excellent description dinlo1. Some of our fans not happy at the appointment but ticket sales for Saturdays match are soaring after the announcement - the blokes got something but I wouldn't want to catch it lol.

LUFC - the bloke with a season ticket next to me travels up from Woking, he has a season ticket but doesn't always get up because of the trains. He's seen us win once this season but he's buying a season ticket for next season - he'd make a good JLP investor, optimistic to the last!

Good luck for the run in LUFC. Have you seen Steve Evans. Former Leeds boss, is back at Rotherham. Let the controversy begin lol.

Agreed Maestro, minus a bit for loss of credibility from Montara and plus quite a bit for the gas coming on stream. About 70p wouldn't sound ridiculous would it even without a half years performance behind the share?

For Jonah:

dead cat bounce

[dead cat bounce]

noun

stock market

a temporary recovery in share prices after a substantial fall, caused by speculators buying in order to cover their positions:

9.2% fall in a minute followed by a 3.3% recovery of that loss. Arguable?

Not done my research Charlie - I covered it with a general other stuff has happened. Do you know the answer or shall I have a look?

It's interesting isn't it that we have a ceasfire for Ramadan, no revenge at passover. It's really nice until you reallise that religion is temporarily bringing relative peace in yet another war caused by religious differences. If religion were a bully it would steal the kids lollipop and then let the kid have a lick to make itself feel better.

Was just thinking the same Frogkid - wish I lived in Mikie's world the glass is not half full- it's up to the top and overflowing. Lol.

On a short term here and now point - a few big sells and buys churning the shares - ship jumpers v bargain hunters. Today's dead cat managed it's little bounce to boot for all the cliche lovers out there.

End of 2022 425 million revenue and share price at 80p.

On Charlie's figures repeated over a whole year we get 550 to 600 million revenue and a share price of 26p.

Add in the gas. ok other things have changed but the investment story is becoming compelling - just need to be cash positive IMO.

It's a massive silver lining gotreal that's for sure- financing expansion and when both new modules are in play at the end of the year it will be churning out cash and no capex to soak up the cash flow.

Apologies, that's not quite 21 weeks.

23rd January RNS:Roan copper concentrator was brought back into operation during December 2023 to reduce the impact of the front-end upgrade project start-up being postponed due to the delay in the delivery of a critical electrical components due to the ongoing logistics constraints at ports across South Africa.

· Roan will continue to operate at approximately 50% of full capacity while an alternative solution is being pursued to source the electrical components which includes the option to locally manufacture the components. A 9 weeks delay is expected to the upgrade of the Roan project."

23rd January + 9 weeks takes us to the end of March.

Now Leon is saying end of May which is 21 weeks later than first announced.

The 8th February RNS which said that final testing was underway and it all needed to be shipped and painted was taken by most at face value as confirmation that end of March or at latest full production by end of April was assured.

After 15 years of JLP investment - the lack of any mention of the electrics or that a solution had been found was like Leon screaming out of the RNS that it hadn't been sorted.

Hopefully this is another blip on a very blippy road to copper heaven. Anybody thought what the sp might be if JLP had banked cash from the PGM bonanza and just invested in chrome (a bit like SLP, although they are belatedly moving to chrome I am told). Could be at 15p now - maybe not the potential for 30p and 50p as some hope but it would have been jam today.

Just musing - we all expect delays in mining and proxi mining and engineering so we should all take this in our stride and look to the end game as long as your time frame isn't short.

I think it might be about $92 or $93 Roxi - as a rule of thumb about 6% or 7% higher than Brent Crude if memory serves (I will stand being corrected) - not like you to be pessimistic lol.

Doing exactly the same - waiting for the fall to be complete to add some more and get the average down.

Signing off - he's arrived - as expected. I can do without this.

Don't get too down Chartopper, the fundamentals are still good. At least they had the foresight to do a placing when they did. The cashflow( I still use my own definition) could have been a real problem. Chrome is performing really well and should be banging money into the bank by January.

More patience needed as always scoredagain. The pull back in the shsre price is natural. Everyone had pent up buys they wanted to make but couldn't so the sp shot up. A drift back was inevitable without news. 95% installation takes some effort. The last 5% always takes more effort and time than you think. The fundamentals look good. The sentiment isn't there yet.

Chrome good as expected.

Pgms lower on lower grade as flagged up.

Copper lower as Roan only at 40% as Leon told us.

Roan completion eased out from end of March to end of April to end of May as I predicted 3 or 4 months ago.

The reason - front end electrics - who would have thought it, said it and got repeatedly slated for it - oh yes that was me - the deramper.

IRH deal has made progress, we know that. Question - would you sign the final deal before you see Roan operating succesfully?

The placing ,IMO, was rushed out because JLP were running out of cash ( I think I've mentioned this before), the IRH stuff is bona fide but was a cover to get the cash needed. They knew all along that they had to source the front end electrics and get them manufactured and installed, they knew it would be later but they needed the cash for ............. and ongoing general expenses.

Let's focus on the chrome and the small copper projects and the stockpiling of copper for processing before the end of " this quarter". Think positive but be reallistic. GLA.

I have the same average after being caught out at 37p.

I have sold for personal reasons if that's ok. I like to track my investments daily - managed to check in today but most days I can't so I'd rather not own any at the moment. I only hold JSE which has been suspended for a couple of months until this morning at 10.30. Hoping to be back in in a couple of weeks.

0% at the moment.

Was 80% and will be again when I have time to monitor share prices.