Member Info for Mikiesunday

91- there are some very wise words from you and many others today. Form is temporary, class is permanent and Jubes oozes class. A market creating leader that is starting to throw cash off. Time for the copper and Eastern Limb updates, some real morale boosters.

Cold feet- Jubes is definitely a steel at this price! Almost unbelievable price action!

SNav - yes haha, should be millions!!

*Chrome*

What happens to the share price when we make $151,250 operational profit from Inyoni alone next year?( $3,200- $450 x 55,000 ) and that’s based on WHI figures that we know are extremely cautious especially when you compare this years EPS figure. There will also be a meaningful contribution from steel! Copper and Cobalt very likely to take the figure over $200,000 operational profit! It amazes me the havoc and panic that can be caused by a few unscrupulous and shady people. The fundamentals have not changed here, just keep getting better.

Dorf, you are clearly right, PGM earnings are clearly going to be more. We know Inyoni was capable of 3,000 oz per month before the upgrade and the additional chrome enhanced feed from the new plant. Add nearly 50 percent for the upgrade and we are well ahead. It’s not so clear how much difference the new chrome plant is going to make, but clearly a difference. Plus then you have the new Rhodium rich feed. This financial year is going to show a big increase on the South African earnings especially if metal prices hold. What really interests me is the end game or maybe the next play in South Africa, which is looking like an Inyoni replica in the Eastern Limb. Inyoni earnings could be fairly substantial this year, but the thought of doubling that in the near future is tantalising to say the least. Couple that with the copper production in the very near future and this is very substantial. Then the hints of increased copper plant and production unlocking new doors make this a different gravy. It’s all unfolding in front us! OMG!!! Just imagine what the numbers could be? I’m not sure my imagination is big enough!

Smashing post Charles. We know Inyoni produced 3,000 oz in December as reported, so circa 50 percent increase would tie in with 4,500 oz per month. In addition the feed may be even better now, with the addition of the new chrome plant. It would be very interesting to hear your thoughts on what 4,500 oz would be worth now taking into account the new Eastern Limb feed?

The comments this morning are spot on. Communication has to improve and what has happened to the longevity at Inyoni is first class. But we mustn’t lose sight of the fact this is all being done organically now. It has been achieved inch by inch! The company is still growing faster than it has means to grow which is great for us share holders, which means there is going to be down time, on field adjustments and costs have to be kept under tight control. But there comes a time when the right administration needs to be put in place and a competent FD is needed more than ever now. The on field performance has been outstanding. The story now needs to be portrayed to the market, creating the right image. This share price should now be 25-30p without a doubt. The story needs telling properly not when Leon has a few seconds to spare!

Chairman could not have been clearer in no equity fund raise. Plus profits will be rising exponentially each month with the increased Inyoni capacity and copper ramp up following first feed from new copper plant and third party processing. What an exciting time to be here, especially at these prices!!

SNAV, wouldn’t surprise me if both are fairly imminent. The Cypriot cake is certainly getting bigger by the month. Starting to look very tantalising out there!

SNAV- wouldn’t be surprised if it was the Eastern Limb.

Oh wow, just catching up on here! My word - don’t think I’ve seen such negativity and de- ramping for years!! Some very subtle and clever usage of words to raise suspicion and doubt!! The company have just announced operational profits of £70M from a heavy loss just 4 years ago!! Future profits are going to be off the scale with the now expanded Inyoni, copper plans and irons in the fire including Kabwe and Cyprus! We have now just been given the strongest hint of Inyoni 2 probably on the Eastern Limb and expanded copper production plans that may open the door to lots of new avenues ( stock piles)! This will put Jubes in a different league altogether! Using the EBITDA method this is trading at a PE rate of just over 5, what a bargain!! Fast forward a couple of years and this is probably on a PE of 1. Hopefully we will get more detail on the copper plans soon, enabling some more detailed forecasts. Maybe WHI will assist here, but it certainly sounds like there’s some game changing copper plans on their way!!. When Leon is this quiet you know he’s working on something big. The opportunity here is off the scale, time to get right behind the company and appreciate just what is going on here and so far no debt!!! A clean balance sheet!! Wow, what companies can boast the growth trajectory we have had, the growth trajectory expected and still a clean balance sheet, with a current PE of around 5 and forward looking extremely skinny looking PE rate! Watch out for people’s agendas- mine is very clearly behind the company.

https://www.bnnbloomberg.ca/u-s-copper-buyers-face-world-s-highest-prices-as-demand-booms-1.1633510
Looking good for copper, what a time to be ramping up production!
https://www.thestandard.com.hk/breaking-news/section/2/177701/Copper-prices-rise-on-strong-second-half-outlook

Loving the price increase in copper and zinc yesterday. Puts us in a different league to SLP!

Very smart words Jonah. The delta variant is playing havoc with the markets! Could be a very wise move not releasing results just at the moment. Hopefully the U.K. vaccination programme wins the day and we offer a blue print to the world- fingers crossed.

I love that comparison Edzi! Very funny.

Despite all the unrest and carnage, we can’t get away from the fundamentals here. Jubes is printing money and not only is it printing money, it’s just accumulated several more printers in the Eastern limb. The elephants are about to March! The Cypriot goats are being fattened for the feast!! Roan is accelerating and Kabwe zinc is about to come into production! Musings of Inyoni 2 lighting up the summer sky and all this with Tjate bubbling in the background!! With the riots calming and the assault on commodity prices losing impetus it’s all to play for!! Not long before we become a billion pound market cap in my opinion and a billion in revenue is now possibly on the cards. Not that long ago I was certified as a loon for such thoughts, fast becoming reality now, with growth escalating at a most exciting pace it’s all hands to the engine room- warp factor 10 Scottie!!

I think we’ll all be well oiled if you are correct! Who knows? We know we have the capacity to process copper from earlier disclosures and we know we inherited a copper dump from Kabwe. Anything is possible, hopefully we’ll know tomorrow and if not very soon! I keep thinking of the rows and rows of copper in the picture on the website! A few tonnes there! It’s going to be interesting, just how far has Jubes come? This snowball is rolling and gathering pace, just how fast can it go and how big can it get? We’ll have our best and latest indication very soon!!

Any day now we’re going to know just how much our baby has grown! Hopefully we’ll have a good guide to future copper production, but we’re up and running and our copper production guesses we’re:
Well oil be fooked - 5,000
Shiner 75- 3,800
Mikie Sunday - 3.600
Northern Shark - 3,480
Ray Pointer - 3,000 and 1oz
Gkb 47 - 3,000
Dorf an 01 - 2,900
Nelson The Dog - 2,900
JLPP - 2,890
Shorn - 2,750
The Gambler - 2,510
Happy Days 43 - 2,300
Crispy 77 - 2,150
Joiner - 1,852.5
Cawb - 1,700
Mogli4479 - 1,000
Please let me know if I have missed anyone. Not long to wait now, but let’s hope Well Oiled is the winner. Here’s to a fantastic week - England first.

Jonah- you going to have a stab in the dark on copper production- won’t be the same without your participation?