Member Info for Mikiesunday

Sum, I agree with you and then I have started to factor in forward movement.

Further optimism would say early next financial year Roan will be fully ramped up at 1000 tonnes per month multiplying everything by 2.5 x with the charge of the light elephant brigade to be factored in! Elephant numbers and route map on the way next quarter. You can feel the atmosphere building! Tense , exciting but great for the bank balance!

Hi Sum, I’m thinking 400 tonnes per month is worth around $35M a year in operational earnings. Assuming $ 4K production costs for copper and a cobalt ratio 6-1 at the same production cost of copper (50 percent ). With central costs already taken into account its only tax to be accounted for which leaves around $25M. At an industry standard 15 PE rate gives $375M. Divide by 2.5b shares gives 15 cents per share. Convert at 1.37 should equate to around 11p per share. Allowing for a fairly hefty discount as unproven should still add a hefty increase to share price, with discount being removed on production of year end figures full value should be attained and of course more accurate cobalt figures. So yes agree should add at least 3p to share price initially and steadily factor in less discount to financial year end hopefully 20p plus providing a platform to start factoring the mother ( should say elephant )load towards the end of the calendar year.

What a great finish to the week! Didn’t see that coming this morning at all. Like a bolt out of the blue, Leon & Colin are buying shares on the open market. I feel they have played a blinder in the last few days, navigating us through a tricky period of uncertainty on the share register, exercising of loan notes and director sales. Not to mention a toxic macro economy in free fall with Reddit attempting to down the establishment. Many of Jubes peer group seeing further reductions in their share price whilst Jubes resumes an upward trajectory. There is so much to look forward to here, not many shares can boast a rise today, it takes a special company with an incredible outlook to buck the market trend in such a toxic environment and see their company value rise in such market conditions. We have something special here as we have all realised, sooner or later the whole market is going to realise-..... ££££££££££££££!!!!!

What a day, what a change in sentiment and how happy am I, even though I won’t be able to execute my top up until tomorrow morning! Jupiter on the share register is out of this world! Some would say on another planet, but I just like to think it is becoming a star studded line up! A wise man once said to me always follow the money and after reading that RNS 5 times, you can feel the “ trunk loads” piling up!! The last 6 months were great, but this quarter is going to be better and the last quarter this financial year will really give us a feel of what’s to come! A taster of the big time. That will lead to 3 years of incredible rises in profits and production that cannot be ignored. With substantially more to come in the following years. Just remember “ follow the money”! The only thing slacking around here is the share price, but you would expect that slack to be well and truly taken out by the herd shortly, not our herd, the market herd, but our herd will be charging soon. Management played a blinder with Leon’s quick smart video yesterday and the contents of the RNS today.

Rearranging funds for a purchase. Think we will look back on this price in 6 months and think what an opportunity as we did in March last year. Buy time for me.

Was just updating myself on the South African virus numbers and surprisingly they are coming down very fast. Then read the following article which seems very credible and entirely plausible stating South Africa have herd immunity. What a relief As in my opinion this was one of the biggest drags on share price at the moment combined with new issuance and director sales. Take covid out of the equation, new issuance can’t be helped as settling historical arrangements that do not reflect the new elephant size financial strength Jubes has and if I was Colin at 77 I would be enjoying some of my gains to, no use to him in the grave yard let’s face it! This all combined created a nervy atmosphere that does not reflect Jubes future in the slightest way. It would certainly appear the immediate worry of covid lock down has been removed and further suggests that another lockdown would only make things worse, so looking really good on this front! https://www.google.co.uk/amp/s/news.sky.com/story/amp/coronavirus-south-africas-covid-lockdown-may-have-created-herd-immunity-12116494 Fundamentals will dictate the next leg up is not far away. Can’t cover up that amount of cash for long, sooner or later the market will notice it, bring on the charge of the light elephant brigade!

Order quick Shiner- the price of copper is rising fast! Made my day that!!!

It certainly is all in place now Gray! Plenty of spit and polish on that bugle, cause the advance party are arriving next month ready to signal the main charge later in the year. What a magnificent and most welcome sight that will be! Not only are the advance party coming next month, next quarter we get the route map of the main charge! Can’t wait to see the numbers!

Absolutely Ray, plus they have insider dealing rules to abide by.

Thanks for your response guys, much appreciated- bit like the “ charge of the light elephant brigade”. Great interview from Leon this morning - supreme confidence oozing!

Thank you for your balanced approach and comments Mad Dog. My agenda is very clear and transparent! I am willing this share price to £1 plus and am super confident it will not take many years to get there as Jubes becomes more and more profitable, growth will come faster and faster. Expansion is now coming off the balance sheet as stated by Leon and it is clear the balance sheet will be expanding dramatically over the next 12-24 months! It is all here in black and white to confirm this. If you are in doubt of my agenda please refer to the 6 monthly report issued last week confirming operational earnings of circa 30M. Please note this was achieved with lower metal prices and production being ramped up throughout the six months. Please note the new processing plants coming on board extending production and longevity. Those earnings are here, set to grow and stay for at least 10 years. For future growth please refer to all the copper and cobalt tailings dumps that have been secured by way of RNS over the last 3 to 4 months. Again please cross refer this to prof of copper production in the six monthly report and capability to process. RNS and numerous web casts refer to targeted production. Although recent web cast suggests amended figures will be forthcoming next quarter with confirmation of first production of copper from Roan. Kabwe tails are also planned to commence production later this year as well. I am super confident and make my agenda very transparent, but it is all here in black and white and on web cast.

Feel free to take issue 3CB, my point is I feel the share price was undervalued at 13p and feel it is even more under valued at 11p. I feel you are misreading my posts as not once have I said I’m over the moon with the drop, however I am over the moon with the opportunity here. I am disappointed with the drop as I have lost value, but I have not lost faith and am very optimistic at getting that value back plus lots more as events develop. Just a matter of patience. If you are offended by this, I am truly saddened as it is not my intention to offend you or anyone.

With what we know now from the 6 monthly operational report. An operating profit in the region of £80-£100M for the current year, with stacks more to come in the following year ( what a sight the stampede will be Gray!), what a buy in price this now represents! It’s like sale of the century. No real guess work for this year! The only guess work is how many hundreds of millions the elephant charge will add! No wonder the institutional investors were in a frenzy at 13p per share demanding a minimum quota! In 2/3 years circa £100M operating profit will be circa £300M and you can now buy in for 11p per share! This is Gift horse or should I say gift elephant city!!!

Very strange, Hesgoing, EType and Trump all turn up at the same time, all first time posters all with the same point! Same person? Got shorts on! Want a cheap buy in. The fundamentals are so strong here. Always dangerous wearing shorts in winter, not only do you get cold legs, but you can catch a cold as well!

Did you notice the over 100 percent increase in profits from first half operations alone?

They know Jubes is making record profits!

Pullbacks have been a fairly regular occurrence with Jubes over the years, especially when there has been a new issuance of shares. Add in directors sales ( well and truly deserved) and the dubious backdrop of the South African covid variant, I guess a small pull back was on the cards! People taking profit will always happen when a share price run looks like it’s reached a peak. Lots of investors surf a rise ( no very little else about the company) and jump ship when it looks to be over. These factors I believe are causing a temporary blip as the fundamentals are too strong here. Soon we will sling shot to new highs here, withs lots of possible catalysts- half year accounts, detailed broker note with new forecast, detailed plan and numbers for the elephants, new tailings secured, ahead of schedule for Roan, positive start for Roan, news on Tjate.............. and so on. Wasn’t really expecting this pull back, but will give the opportnity of a few more shares before the next leg up! It’s coming, the market cannot ignore profits and Jubes is on the way to the mother load!!!

Sharky, let’s hope Leon orders electric wheelbarrows!!!!

Yes, not long at all Ray! Then it’s how quick can the baby elephant mature! I was hoping for 250t in March, 500 in April, 750 in May and 1000 in June. Thus giving 2,500 tonnes this trading year adding around 10M plus cobalt at around 7.5M (?). Is cobalt likely to cost as much as copper to produce or will it share a lot of the copper process to produce? ( perhaps the more technically able could share their thoughts). One thing is for sure the wheel barrow to bank team will need to increase their fleet substantially.