Member Info for nevertogiveup

4ever

You are absolutely right. This company is run by irresponsible people with certain manipulating inserts all the time. Quite a fun to read and listen to them.

HP

Indeed COST control is and will be biggest factor to succeed in Zambia. With small amount of copper production we will be far away of making profit.

Today's RNS is continuation of uncertainty... no targets given ... everything is based on assumptions ... and front end of ROAN will be considered in June or July? ... we all assumed it will work by now (as they said so).

Lots of production lost with ROAN maintenance... dewatering is working??? ...or not yet??? Too many questions marks in every news they print.

...not more .. push price so investor will get lees shares

it is in rns "fake news" ... brain ******... 20 days average closing price .... you can't read most probably and obviously can not calculate either.... moron

Fake"

Price risen since announcement because people are aware that if price fall now more shares will be issued for $1,5 million. Everybody knows fake that you are brainless so don't try to blame somebody else for your disability...

Bottoms.... yes I read quite often Smelly posts, and he is most of the time right ... but the price will drop (maybe even more than 2.5p) because of dilution coincided with very poor end of financial year results. Wait and watch & see for yourself.... opportunity to buy cheap and kick the can down the road for another year .... than another dilution and share price stagnant or lower. Might be cheap take over in two years time and you will lose lots of money.

It doesn't matter if copper price is 15k or more... if you vote yes share price will go down below 2.5p. Unfortunately the majority will vote yes so be prepare. Bottoms up you can buy cheaper again ... 😅

It will take few years before we can see some meaningful price movement. In meantime sell half of your holdings and invest in gold if you commodity believer. After pull back of gold price lots of gold companies are looking attractive to invest in.

.... to establish open cast mining is also time consuming and costly ... removing waste rocks ( not outcrop) before we get to reef of high grade copper....

At the moment we removing waste rocks to get to reef in between to pits. They said it will take them 4 months.

Exploration of whole Molefe area might take us up to 10 months at least before we can design mining method ...

We official jorc report to get validated ore reserves and possibly get long term bank loans.

Junior

It takes time to do exploration on vast ground of Molefe even we discover something it will take time again to mine it ( remove outcrop, establish infrastructure, roads, etc, etc ... so yes lets be patient.... exuberance will get us nowhere ...

It is not desirable for Jubilee but at this stage of company life it doesn't matter for share price as nothing much will change over next 12 months ... don't count on that.

Raising capital is good thing to do if you know exactly what you can get out of that..... take Alphabet is raising $80 billion today by issuing shares and they know what to do with that.

Jubilee is gambling at the moment or they are desperate to cover their expenses

It is irrelevant if we have new investor and dilution by 10% or more.

There is no prospect of share price to increase in any way until we have proper communication from Management in first place, besides other things mentioned by many honest shareholders on this platform.

No jorc, no upgrade of Sable, now LWP agreement, no meaningful production, etc..

Most important .. if JMK doesn't report on quarterly or 6 monthly basis All in Sustaining cost (AISC) of production it will show everybody that company is hiding the real state of finances and cost control. If he can't control cost than he must go first .... and please don't be rude to him ... lol.

Only first payment received and evaluation disclosed frog boy .... go to your pond and stop talking old news.

Misinformation is so rive on this platform that it might be bit too much for you and "fake" not real individuals.

Gotreal or rather Fake news ...

Show us proof that Jubilee received $ 6.75 million for 5% of the LWP project material!!!

Stop lying to everyone you disturbed fake individual. It is obvious that LWP project is waste of time and money, but nobody from Management (FD or CEO) have guts to disclose that to shareholders.

.... by investor who is simple predator ... looks like

Happy

You are 💯 % right. No way we can afford to get 10% of company's share so cheap ...

New investor should invest directly in LW Project with $15 mln to start which will benefit all parties including shareholders.

Buying extra land around Molefe could be finance from cash flow from increased production from Molefe.

Additional exploration drilling should be carry out by Galileo resources with extended contract... simple as that?

Shuvlin / pshevlin

I give you thumbs up for your last post!!

If we don't keep Management accountable and keep quiet company will be lost.

Forest ...

Well pointed out ... how they spent 25 millions so far this year?????

JMK is doing same things to withhold any meaningful info to shareholders which would show true state of company. Hiding the real status of following issues ... LWP, JORC, upgrade of Sable, modular units for Molefe, real financial situation of company adds to incompetence.

One Q .... how much money Jubilee received up to date from the sale of 10mln tons of waste from LW dump. Total amount suppose to be $ 6.7mln.

JMK ... time to go! ...

Shuvlin ... stop attacking others you poor half german

This is desperation ... money from SA business is finished for this year, so what to do.??? Looks like no bank will give Jubilee longer term loan, back to dilution than as a last resort again.

Looks like production is not increasing, no cash flow to support further exploration. We are far from break even and it is huge concern for the future.

What saving measures are implemented? Why they still keeping office in South Africa and wasting money on traveling, etc...

Mr. FD after year and half in the chair did not make any difference to company finances ... let him go and bring somebody who can see how to manage it.