Member Info for Moneyman64

Your right Bushy -as my post states cash at 30/06/22 was down £3 million from £19 million at 30/06/21 to £16 million at 31/06/21 -so you obviously can’t read accounts but you are right in stating that cash at 30/06/22 was not £13 million as it was higher -nice uptick in shareprice today

Bushy -you must try harder -page 98 of the 2022 accounts shows the cash flow statement.

Cash generated from operations is up £3 million from 2021.

Cash spent on plant and machinery and other future income generating items £64 million (financed from above and £35 million placing)

Cash or cash equivalents down £3 million comparing 2022 to 2021.-total cash at 30/06/2022 -£16 million

So hardly the desperate short of cash position you are trying and failing to portray here -whats your next claim-perhaps the cash position has been overstated in the audited accounts?

bt as always talking complete *******s -the profits generated have been used to invest to various projects to create increased profits going forward -“they have not been spunked”

it is very strange that someone who recently claimed to be a multimillionaire -to quote -“i have more money in the bank than jubilee” would devote time everyday just posting negatively on one share,name calling anyone who sees a great future for the company and not be out enjoying life to the full -there is only one reason the shareprice has fallen -it is due to current pgm price weakness which is equally applicable to any other company operating in this sector

Should read “Hum price is marginally lower than a month ago”

Bushy -you appear to be been “economical with the truth yet again” -if you are going to deramp at least get your facts right—you state “that the price keeps going down” -yet the Jubilee shareprice is marginally higher than it was a month ago -I guess the HUM shareprice keeps going down as it is marginally lower than last year.

The only bullying going on here is by yourself and your total disrespect for other posters opinion.To question a poster who claims Jubilee is bleeding money is not bullying it is just asking to produce figures to support the claim .I have politely asked you before to support your claim the company is lossmaking and all I get is you dodging the question

Gotreal -Butterball claims the company is bleeding money and then asks for a cash flow to be produced.-he appears to be a

We know the cash position at 31/12/22 and production figures to 30/06/23 from which the cash generated can be estimated -we also know from the various RNSs the capital expenditure committed too -from these figures I do not see any large cash bleed-it has also been indicated that the fall in PGm prices has been compensated by higher chrome prices

Think Buttermilk is getting his info from Bushytailed -Leon is. very much focused on copper and at the same time making the most of the high chrome price to finance the copper expansion.

If he bothered to look at the production figures for the six months to 30 th June and took account of the cash at 31/12/22 there appears to be adequate cash to cover the capital expenditure confirmed this calendar year to date

Very disappointing that the company flogging off part of the family silver at a loss to keep the lights on-this unfortunately is the legacy left by (Mis ) Fortune.

Let’s hope the Orion finance situation is resolved and the company rises from the ashes

Pdub -your post of 13.04 is not wholly true -You said you had filtered my for merely stating that I did not consider that Fortund should be congratulated when he has overseen the shareprice crash more than 90% and his performance as CEO should be questioned.

How is this a personal attack/abuse towards who and how in anyone’s books this could be classed as trolling -it is a different opinion to the one you hold ?

So in Bushy’s world it appears that once a company has one profit making project it should not invest its profit in further projects to create more profit.

.imagine if BP had stuck with one profitable oil rig and not built more-would not be in existence today

Jlp down by a similar amount to SLP today no doubt to falls in PGM prices.-JLP still being treated as a sole PGM producer

Interestingly enough there is a new video out today from the WPIC on YouTube predicting a record platinium deficit of 1 million ounces plus which will wipe out all above ground stocks -the platinium price will have to adjust significantly upwards if this comes to fruition

No ifs/no buts a company with a competent Bod normally does not see its shareprice go from 48p to 2p and continual miss production targets.

The “Orion Mine Finance” is a huge anchor to the company moving forward and despite all the promises from Fortune very little has come to fruition .-What for example happened to the floating off of “the energy storage “ division?

You don’t need to ramp here or deramp here -the shareprice reflects the performance of the company over the last couple of years however “rose colored” your glasses are

Agree -fingers crossed for a PGM price recovery over the coming months -would imagine some of the SA producers are in loss making situation at the current PGM prices .Also a combination of reduced production due to load shedding and increased demand for platinium could easily move PGM prices by 20% come next July.

Thank Mike for the extra detail

Hi -agree that at the current PGM prices the Karo project appears to be a huge white elephant -just thinking about the large dividends that could be now being paid to longterm shareholders instead of perhaps having to reduce dividends to finance Karo that at the moment loss making project.

The projected cash basket production cost at karo I believe is $1096 and the current basket price is $1352 per PGM ounce so some cash will be generated towards the capital costs-is management looking to reduce these cash costs per Pgm ounce -the cash cost per ounce seems on the high side for an open pit operation?

There is continued talk of large platinium deficits upcoming which is yet to be reflected in the price and continued disrupted production in SA which will hopefully lead to a platinium price increase -the Karo basket is very much platinium weighted -so fingers crossed for a higher basket price in 10 months time

So Hum down 10% today -yet Bushy still wastes his time spreading unsupported allegations about Jubilee -the increasing copper and chrome earnings are real.

The only “wacky backy” here appears to be smoked by Bushytailed

Yes -you have copied down the PGM basket price but as always Bushy you ignore the positive side -increased chrome price and increasing copper output -the company has indicated that the reduced PGM prices have been compensated by increasing chrome price..

Your PGM figures are more relevant to companies that only produce PGMs than Jubilee

Totally agree-like Tharisa this is purely being valued as a PGM play.

See Laural and Hardy are in full swing today -

“Bad Management “-there appears to be no management leaving. “Sham Capital” to run riot and totally ignoring shareholders concern.

Only way to get some answers is to attend the AGM in November

The trouble is the shareholders except Glencore and Elphick will never know what is and what is not on the table -there is no communication what so ever and no interviews

The latest “reworking the abacus” appears to be another time wasting exercise and I agree at some stage Nguesso will lose patient and reissue the licence to someone who can actually make it work.

Having said that their must had been a reason to the share restructuring and I would be suprised if Glencore sat back and let the licence go easily and lose their potentially huge offtake income .Perhaps the licence will be reissued to Glencore wish would be a huge deceit of longterm Zanaga shareholders .

Think the market wants reassurance with actual figures -hopefully in quarterly production figures to 30/9/23 and half yearly production to 31/12/23