Member Info for LUFC1111

Edzi, i was thinking the same.. I can see IRH building up a stake as the DD and the work on waste rock project progresses

Seller looks like they are enjoying themselves today

Great news, if these open pit mines are in the same price range, then hopefully we can keep acquiring for cash, but for deffered consideration such as 6 months of steady production etc.. if we announce more deals like this the sp will move very quickly

Why don't JLP use the 260m tonnes at the waste Rock project to fill capacity at roan and sable.. they are doing it for trial purposes.. sorry for asking a stupid question

Thank you seis, that makes alot of sense... alot of earnings potential at some point, resources secured

Edzi the 2021 peak ads to frustration, as the copper story emerged and anyone selling at that point would have been nuts.. the company has made significant strides, but here we sit at a shameful market cap driven by crap copper forecast after spending nearly 120m dollars in Capex in last two years

Seis, i really appreciate your input into this board.. when i look back at the 2020 rns and the copper resources we secured, could they not fill the 25k tonnes of capacity, or is it contributing?just when we hear more resources are required i struggle with the elephants.. I understand they changed the names a few times. Your thoughts would be greatly appreciated

Edzi has a point and everyone must see that.. its been 3 years since the 2021 peak and I went back to read the rns.. everytime the delivery is pushed away.. its easy to say sell up.. but when you have been in for a long period it's frustrating and everyone has the right to voice it.. the share price is a joke and not many of us have made money.. 12 months from now copper forecast of?? Anyone.. 12k tonnes..

In my view results as expected.. We really need to see delivery over next 6 months.. nothing in current sp based on future potential and earnings.. cash pile should be much bigger at end of FY25.. we currently trade at 1x revenue and 7x EBITDA.. volume today is interesting

I think it's the length of investment and return.. some of these institutions been in for over 5 years and seen no income and no growth in capital.. some may have a smaller cycle to see a return.. I can't see slater being here if we don't have some sort of cash return into 2026, just my view

Or is it peppermill?

If we can't process that pile profitable, no one can.. IRH who do they turn too

Ah yes, sorry.. too early

Excellent update.. so IRH are targeting 100k tonnes a year with 12 months of design, which looks like 2026.. at 30pc and existing capacity we would be 55k tonnes producer at some point in 2026?.. plan is coming together

I work in finance, have done for over 20 years.. I see this thing all the time.. I'm just saying I'm not as bothered as frog

He leaves after the annual results

Just checked he was in his last role just over two years and at Glenmore just under two years.. moves around a bit.. he is also based in dubai

People leave businesses all the time, it says he has another role.. Will be interesting to see where he has gone.. he bought 400k shares two months ago so not worried that the numbers are a mess

Https://www.fidelity.co.uk/factsheet-data/factsheet/GB0031852162-jubilee-metals-group-plc/profile

We are now trading at less than 1x annual revenue.. mcap of 160, annual revenues exceed that easily for 2025.. trading at forward 2x EBITDA