Member Info for Mikiesunday

Yep Dorf, Leon has had 5/6 years to learn the dance! He’s tripped over many times and fallen flat on his face. He’s now thrown everything into Zambia. I’m hoping he’s now going to waltz down the road of success and take all of us with him.

Totally agree Dorf. Its also a company in which he has a large shareholding. Not hard to do the maths here!

Telly, my initial reaction was a mirror of your thoughts. However, after periods of reflection and forgetting the past. Looking forward from here i think the GLR deal is a good one. M has no real value ATM. If it is proved substantial, we have a 73.5% share of a lot. If it is proved a bit of a dud, we’ve not lost anything. No dilution or capital wasted. Remember this is not the wider M. I see this as the start of a beautiful relationship with GLR. They have lots of assets that we could assist with! Plus there are many other opportunities in Zambia and no one is better connected than CB. We will have $90M to invest. Plus, i feel we have a guardian angel in the form of JMK, ensuring all the dilutionary mistakes of the past do not live on. Safety first approach as we are seeing on M.

So whilst, what you say cannot be removed, i have chosen to forget in anticipation of what is potentially to come. Leon has every opportunity to excel now, under the stewardship of JMK. This is a different company now and i am prepared to give them the next 12-18 months to develop what has been promised for an age. I feel the time has arrived.

Haha- Metal Micky brings back some fond memories. Showing my age now Seis.

I dont think we will have long to wait for drill results. Colin has a fairly substantial holding in GLR and he will want them to over perform. I had a small top up yesterday, planning a couple more in the near future. More confident now, than i have been for a while. 2026 is going to be a big year in Jubilee World. I’m in and getting excited!

4ever, reckon we’ve missed Christmas Eve. More likely between Christmas and New Year now. I plan to attend. Im sure there will be no sight of the posters who are so active/ vocal in abusing the company and its officials.

4Ever,

Just lifted this from the net. Would appear there is still a few days left.

“,Key Timings & Rules:

Statutory Deadline: An AIM company (as a public company) must hold its AGM within 6 months from its accounting reference date (year-end).

Notice Period: The standard notice is usually 14 clear days, but company articles or being a traded company can increase this (e.g., to 20 working days for some, or requiring longer for specific actions).

Announcement Timing: The notice (announcing the date, time, place, and business) usually accompanies the release of the annual report and accounts.

AIM Rules: AIM companies must publish annual accounts without delay, within 6 months of year-end, and send them to shareholders, which triggers the AGM process. “

Afternoon NTD,

Yes I am planning to go. Hopefully see you there.

Hi NTD, i hope you are keeping well.

Very rarely look at this BB now, due to the amount of toe rags here. They breed like rats. Very much invested though and still accumulating a few. The Mufulira or black glass project is an interesting situation. Jubilee were awarded the licence to operate and process. Shortly after the Arabs bought in to ownership of the tailings and the surrounding mines. But we know the relationship with Jubilee and the Arabs went Pete tong on the LWP. So we have the right to operate and the Arabs own the project. I would imagine the government would be very keen to see movement, especially with an election looming! So either a partnership is formed or one buys the other out. I cant see us buying out the Arabs, but i can see, the Arabs buying us out, especially with our policy of selling none core assets. Ofcourse a partnership could be formed. Would imagine ZCCM, putting lots of pressure on. One to watch!

Im getting excited again NTD about prospects. Looks like like steady growth now, into an appreciating copper market. Margins should be very respectful from M as well when numbers start to increase. Profits from there could surprise . Are you going to the AGM?

I remember seeing the social media videos of cobalt production. Pink material being produced if my memory serves me right. Dripping out of some kind of funnel. Jubilee definitely have the ability to produce cobalt. However at that time, i dont think they could produce copper and cobalt at the same time. They stated they could switch very quickly between copper and cobalt. This may change with the expansion going on and i would imagine be incorporated into the expansion. We have the processing contract for the black glass mountain, which i believe has a high cobalt content. We were appointed by the government, but the arabs now control ownership! Be interesting to see how that plays out? We have the contract/ licence. They own it?

Papa, this is very relevant. Lifted from the RNS.

§” The Company continues its joint venture discussions with potential partners to undertake, on its behalf, the resource review and mine planning for the wider Molefe district inclusive of the secured additional permits, allowing the Company to focus on the implementation and expansion of the processing solution. The Company has an internal target date of end-October to finalise these discussions.”

Looks like we will know in November how serious this land is.

Papa, if they forge a partnership with an experienced miner to develop this land, i think we can assume from that, there is mighty good potential. An experienced miner would not waste their time on dust. We should know fairly soon.

Totally agree Cou, think we might be sitting on a chocolate box here and its gone over most peoples heads!

Totally agree Northern, i think this is why they gave up SA.

Frog, i believe quite the opposite. For a parcel of proven copper rich land that size on surface, you would have the majors queuing up! Copper is the furure and the land grabbing is under way. We just have to hope its copper rich. With a compliant jorc report, the rest will be history, mined by us or not.

Has anyone really given consideration to all this land secured by Jubilee. If its anything like M, well we’ve won the lottery! Just the pure magnitude of land is on a different scale, many many many times the size of M. I remember Leon talking when M was first purchased. He spoke at length about magnetic anomalies around M from flyovers they conducted. Is this the real story going forward? Is this what SA was given up for? Is this what a specialist miner was bought in for? What do we have here Leon? Prey tell. Give us a clue?

Sable is probably busier than its ever been! RNS clearly states more than 85% of Roans production is going to Sable. Apart from all the land they have grabbed ( circa 50-60 square miles, the grades expected at M, the fact M is up and running, it was the highlight of the RNS for me.

Upscaled mine plan in operation!

Https://x.com/jubilee_metals/status/1974877113460343161?s=46&t=mVgZpn0KGRUg-RQaOGChhg

Nice to see JMk, backing himself with hard cash to succeed. If ever there was a buying signal, i think we’ve just seen it. JMK has been in position now for long enough to fully understand where the company sits and where its going. He is certainly not a fool and only a fool throws his money away! In JMK we have a leader, who is certainly not afraid of grabbing the bull by the horns and leading from the front. The more we see of him, the bigger the reputation grows. There is a special turnaround in play here. Credit to Mark Slater as well for his loyalty and making the necessary appointment. I Believe Mr Slater just completed Jubilee.

The sale of non core assets will add substantially to the first quarter as well.