Member Info for Mikiesunday

PGMs on the up and looking good for the foreseeable! https://m.miningweekly.com/article/market-recognising-higher-likelihood-of-platinum-deficit-than-surplus-in-years-ahead-wpic-2021-10-14
Copper set to explode. https://www.foxbusiness.com/markets/coppe-prices-record-highs-bank-of-america
Cobalt prices getting higher and higher by the week, now approaching $56,000! https://www.lme.com/en/Metals/EV/LME-Cobalt#Trading+day+summary
With chrome and PGM processing all well set at Inyoni, Copper and cobalt about to literally come on line in a big way, what more could we wish? Maybe just a very swift recovery in the auto market and we could be in a very perfect storm again.

Either way chaps, 4 weeks is hardly a wait! The news flow going into the new year should be epic!

Gentlemen, there is so much news due, when it starts rolling the share price is going fly, until then we have to dig for news wherever! We do know the 25,000 tonnes has likely increased to a target of 42,000 tonnes with the expansion plan of sable ( funds now in place) and the new refinary, so numbers will need to be massively upscaled, even with the increased costs recently mentioned by Leon of $4,500. Couple this with recovering PGM’S. Chrome inching up and we’re in for a massive re rate! Let the news begin and the share price escalate!!

If you add in cobalt, which after all is the by product of the copper 200M is not fanciful at all! Lots will depend on the dumps first used, but using the more cobalt rich dumps and 200-300m is not fanciful in my view. Slater knows what he’s here for. Cobalt is changing everything and if you look at the tight supply forecast over the next 5-10 years, with the expected increase in EV’s then these figures could be blown out of the water! Simple economics- supply and demand. At some stage very soon, the wider market is going to twig what Slater has identified and this will take off! After all we start meaningful production in days. This is not a development plan that is going to take 10 years! It is happening right now. Here come the dollars! I feel one of our biggest USP’s is speed of project and maybe people haven’t quite realised, there isn’t the traditional 5-10 year vacuum that traditional miners suffer! It’s only a matter of months before Jubes are banking the cash, don’t miss out!

With just days before meaningful Cobalt & Copper production at Kabwe its great to see Cobalt is expected to be in such short supply over the next few years. https://auto.economictimes.indiatimes.com/news/auto-components/shortages-flagged-for-ev-materials-lithium-and-cobalt/84017194 At $53k per tonne it’s already unbelievably exciting, but a return to its recent highs of $90k would be truly spectacular! Whilst Roan is not being famed for its Cobalt content, the Elephants will soon be with us! These really could be Elephant sized numbers and were in the starting gate now!

Seems like platinum jewellery is becoming trendy! https://en.israelidiamond.co.il/news/world/pgi-platinum-jewellery-sales/

https://m.miningweekly.com/article/platafrica-partners-with-afi-to-build-platinum-jewellery-market-2021-10-07/rep_id:3861

Great interview, well worth 30mins. World platinum council see the price of platinum moving to palladium rather than the other way round. https://m.youtube.com/watch?v=pnP3OBSlq5g @Shorn- you can smell the re-rate, just need the wider macro to hold up.

https://internationalbanker.com/brokerage/why-have-cobalt-prices-crashed/ Oops! Here it is!

An old article, but relatively interesting and fairly accurate in its forecasts, all be it a tad low. If you carry on joining the dots of the EV forecasts, where does the price go? Well done LC&CB prioritising and securing so much resource. Very hopeful of lots more deals, before the price goes too high!

Is Cobalt heading back to $90,000+ per tonne! I didn’t realise but in 2018 Cobalt topped $90k per tonne! Just imagine that! https://m.uk.investing.com/commodities/cobalt-historical-data

Some great posts recently, with lots of valid points and I guess reasonable arguments could be made for all the points. Whilst I am so bullish about Jubes and am impressed beyond belief with what LC & CB have and are achieving, I will leave one thought. If there were two identical companies in every aspect except one reported on a 3 monthly basis and one 6 monthly, which one would you invest in? Either way Jubes will make us all very rich, just a waiting game, I believe we should campaign for 3 monthly trading at the AGM, I know this will upset the traders who thrive on vacuums, but it is my view!

Me too AUCS, would love to be able to double my holding! This share is heading to the top of the pile!

I agree with you 100% JLP, whilst production is undoubtedly going to have been affected in the upgrade, I am very hopeful Leon will want to demonstrate that production is ramping up and setting the tone for what Inyoni can achieve over the coming years. All the hard work at Inyoni is now in the rear view mirror and this is set to provide a fine foundation for many years to come. Lots of news to come from the chrome plants. I would be extremely surprised if there is no update in the next 4 weeks. News on the last copper dump accumulated could come at any time as well! All eyes will be on the cobalt content!! I would not be surprised if more copper deals are announced in the near term. Much too much going on there has to be an up date.

I can’t see them buying at over 16p to sell at 15p. Slaters style is long term holdings.

Sumo- Slater will have a good indication of what’s coming, that’s why they doubled their holding.

Jlp& NoEx- Hopefully we’ll get a quarterly update, with so many changes, Inyoni, new chrome plant, new tailings dump. So much to update! Not to mention we are on the eve of meaningful cobalt & copper production! What is going on at Elland? I get the feeling the final quarter this year could be a major turning point, one that puts Jubes firmly on a March towards the Ftse 250! Just need the company to communicate regular, the foundations are now in place.

HG, that is potentially a great find. This would make great sense to me as I believe we are producing more material than we have the ability to process? Surely though an agreement of this nature would have to be reported by an RNS? Although knowing Jubilee would probably get reported retrospectively as a tag on article somewhere. If correct it is great news.

Dorf, this is a massive buying opportunity at present, that I believe will not last very long. The market will soon catch on! Whilst the macro environment has been very negative for many reasons, I believe most of these will be fairly short lived! Car production ( chip shortage due to rectify early next year), transitory inflation ( although stickier than most thought, is still supply originated and will soon ease) China influence will run out of reserves!! With the mountains of tailings that Jubes has secured and the ROM that has been procured, coupled with the extremely inexpensive processing costs we have a big winner here. Whilst I am looking forward to more copper deals soon, what we have here is enough to dine on for several decades to come! I am looking forward to the updates as they will high light a real disparity in the share price to what we actually have here!

It is par for the course, that Slater will be talking to the management on a fairly regular basis. Based on this they have doubled their holding almost. Whilst we can take great comfort from this, imagine if we could all access the same level of info!! There is so much going on now, there needs to be regular reporting. I am very hopeful of a quarterly update in this regard, there have been so many changes, new chrome plants, Inyoni expanded, Windsor discarded. The cost differential is so much more favourable now with the switch to Inyoni, what impact is this having? Such a good story to tell, the company need to appoint a narrator to illustrate the ground blazing innovative story that is Jubilee.