Member Info for Mikiesunday

Shin, from what we know about cobalt and it is patchy, in relative terms for Jubes this could be like the first moon landing!!

https://www.metalsdaily.com/live-prices/pgms/

Just mulling over cobalt and its value to us. In all my previous calculations I have assumed a 50 percent deduction in production costs roughly the same as copper. But then I thought it costs roughly $4,000 to produce a ton of copper and on that basis I’m allowing on today’s value $21,500 to produce a ton of cobalt!. If and I underline if it’s the same as copper that means it would be $4,000 per ton to produce. Which leaves around $39,000! At (Roan) 10,000 tonnes per year and a ratio of 6-1 that would be $65M and at ( elephant) 25,000 tonnes that would be $162M, without the copper! That would actually make it more valuable than copper assuming $4,000 per ton equating to $100,000M. Combined that’s$262M. Is this feasible??????? If it is we would be bathing in dollars!

That is the six million dollar question HD, but if it’s similar to copper were in heaven! Very happy days- Happy Days!

Cobalt on the charge or is it a cobolt battery-ing! https://www.lme.com/en-GB/Metals/Minor-metals/Cobalt#tabIndex=0 Cobalt at $43k! Last time I looked it was $36k, maybe 10 days ago!! Roughly 20 percent up!! If this carries on accelerating , with the amount we will be producing, who knows- this time next year Rodney- we’ll all be millionaires!!!!! Maybe this year and if Zak has his way maybe next month!! One thing is for sure we have many trips to the bag shop in the next 12-24 months!!!

NTD, yep people looking at a largely obsolete broker note. Jubes is moving so fast, needs to be updated every 6 months!

A detailed broker note could be just the tonic right now. Could really put some meat on the bones and encapsulate what we have here. Jubes has moved at lightning pace since the last detailed note and definitely needs updating. Jubes is now entering new dimensions of enormity and possibility that needs a professional summary and forecast, that we can use as a baseline going forward. Quite astounding - the pace Jubes is actually moving at!

When fundamentals and technicals collide! Is it like the Big Bang theory? Can we expect an explosion! Is it like our magnificent herd of elephants at full charge, trampling any obstacles in their way! Being fastidiously driven by their masters! We have all been saying for some time now, just how good the fundamentals are here. Now Zak is matching that with the technicals! However Zak’s glass must be fuller than mine as I said 20p plus by end of June and Zak says 23p by end of next month ( making me look pessimistic- must try harder!). Whichever, this is boding really well for 40-50p plus at the end of the year. Anyone fancy a triple bagger? As we cannot dine out any more, why not take out a triple bagger, with all trimmings and eat till your hearts content! Fill those bellies why you can!!!!!

The interesting twist Gray, is Bobbills post. Where does that lead to?

The expansion part certainly sounds positive as per the attached. https://jubileemetalsgroup.com/presentations-videos/ Apologies if you have already listened.

Sorry that should be nearly 50 percent more the annual rate- getting carried away!

Combined with Windsor Shiv, that would be 6,500 oz per month 78,000oz per year. That is well over double the performance in the six monthly report- truly outstanding if achieved, in fact nearly treble!!!!

Jonah, reflecting on that post from Bobill, it’s very hard to keep ones feet on the ground!

Wow Bobbill - if there’s any substance in those production figures, there nearly triple the annual rate achieved based on the current 6 month performance! Let’s hope we see some RNSs in the very near future! The surprises keep coming.

Shiv, we know at Windsor 8 production increased substantially during Nov and Dec with Dec culminating in record production of 3,000 oz. projecting that forward annually equates to 36,000oz. That was based on the new 35,000 ton processor. What does that mean for Inyoni with the new 80,000 ton processor coming on line in Feb. What comparison can be drawn with Windsor plant ( forward projecting) producing 36,000 oz per annum. The 6 monthly operation report confirmed production of 28,000 oz in total for the last 6 months to put this figure into perspective! The size of the inyoni operation would suggest it could dwarf Windsor. What combined production can we expect from both these plants? Anyone with better technical knowledge ? Looking pretty damn sexy!! Could be a vast increase here in production. Whilst getting carried away with the copper fortunes about to come our way, have we under under estimated the growth of our South African Cash Cows!

Brilliant Ray P!

Hi Shin, yep it’s looking great , I completely agree with you there and then we’ve got the cobalt to add! Plus possible new numbers for the herd of elephants next quarter. Really is eye watering! Only danger is you start wishing the months away, need to savour every minute of the development!

Jolly- I’m struggling to keep up with the South African cash cows. The herd of rampaging elephants and now the kangaroos look like they might be joining the party! Gonna need to get that special abacus out again!

Gray- cobalt is a pure guess at 50 percent cost to produce. I don’t believe there is a steer anywhere (?) unless someone can shed some light.

Sum- the 6 monthly report in July will be very interesting as it will highlight actual achievements -how much copper and cobalt. How much of an increase in production of PGMs and chrome. It is at this point we could really see share price motor based on continually ramp up of PGMs and chrome combined with longevity. Proof in substantial production of copper that can be substantially increased further. At this point I feel the share price will motor.