Member Info for nevertogiveup

Shuvlin ...

An airborne survey doesn't find you high grade ... only proper exploration by diamond drill machines to recover and sample cores give us definition of ore reserves and grade of resources... I have red all RNS's since 2019 and I know what I'm talking. Why we can't get high grade ROM for Sable at the moment?? ... we only have upgraded stuff from ROAN delivered to Sable for now.

Looks like nobody got high grade ROM suitable for Sable around because we could buy it instead let Sable to produce so little of copper cathode. Hopefully end of this month we will know more?????

Shuvlin ....

... wait and see for long ... long ... long time if we are lucky to discover decent grade of copper at Munkoyo or at G to supply Sable with high grade ROM .... it is big IF and it will take time and money .... so we mustn't expect miracles for now ....

OK getreal... lets wait till end of this month ....

Getreal ...

Munkoyo is supposed to restart supply of high grade 2.5% Cu to Sable from 1st of September, but so far no news...? and Jubilee way is always like .. no news is bad news. So conclusion is obvious.

It would be nice to produce at least 500 tonnes of cathode copper in Sable every month, but there is no suitable high grade ROM available for Sable anywhere [not even to buy it from third party].... what does it tell us??? We are paying for our sins now of not doing proper exploration before embarking on mining and trying to produce copper.

At the moment we only produce a bit of cathode copper in Sable from upgraded ROM from ROAN ....isn't it???

Getreal ....

I can see tracks loaded with high grade ore from Munkoyo are already cuing at Sable gate ...lol.

I'm sorry it's not so fast .... another 4 months drilling at Munkoyo to find decent grade of ore suitable for Sable to process it without upgrading it first ... maybe we won't find high grade for now ??? ... than what???

I wonder if we can have full disclosure on the status of all non - core assets for sale?

1. What type of agreements did we negotiate to dispose of non - core assets? Are they all binding agreements?What other conditions are attached to those agreements?

2. Location of assets & tonnes of it sold to buyers, and amounts to be paid to JLP.

3. What term of payment for those assets was agreed?

4. What is the up to date payment progress, and when will the last payment be made by the buyer for a specific asset?

5. All left assets should be listed on website [paid and 100% own]

6. All other assets not 100% own should be listed as well ... eg.. Munkoyo 90% own? ... Project G .. 60% own .. etc...

It will demonstrate management transparency and not just half way of communication without follow ups.

I wonder if it will be ever done and shown in financial statements??? [non - core assets disposal]

Gotreal

Yes I did partially .... please find out for me when JLP / JBL going to vacate South Africa's offices in Centurion??

I want to move there soon for my company....

Inflation in South Africa 3%

Inflation in Zambia 14%

Prices of electricity in South Africa went up 10% more or less

With Inflation of 14% in Zambia we can estimate price of electricity next year ...

Wonder what is that speaker smoking whilst talking and gusping air with exitement making promisses again ....

Frog

What will annoy you very soon if the sale go through is following ...

At least 20 million 1p options will be exercised from engineers of SA operations ... so more very quick dilution is coming....

Happy days

It can only speed up if...

1. we have proper high grade ore availably

2 . To build processing capacity at LWP or concentrators in Munkoyo it will take 12 months ... remember how long it took to paint Roan... lol.

3. Leaching is the same story ... talking only for last 15 months.

Harm prof

I would like to add to that .... why there was no possibility contenplated to enter into joint venture with Chrome One which would get beneficial for both sides and remove any problems with supply of chrome etc....

Zambia operation should be listed seperately with additional IPO....

Gotreal

It is not LIE ... at the moment of time

Roan suppose to produce at least 10K as per CEO interviews from year ago.

Sable got no feed of ROM from anywhere for now .... only bit from Roan

Munkoyo is subject of exploration / drilling / sumpling and possible design of new open pit if they found high grade ore ... it might take another 6 months ... by the way where are the drilling results promissed previously??? Project G to be drilled later in 2026 with join venture exploration company if there is money for that??? Proper exploration business is bloody expensive ... ask CB .... anyway you will never agree with anybody's point of view....

Sirb

It is "fire" sale ... no money in Zambia to carry on ....

Roan is a failure ...

Sable producing zero at the moment ...

Munkoyo looking for suitable ore reserves to restart Sable ....

CEO should rather GO ....

In conclusion ... CEO and GOTREAL must go ...

Gotreal

yes I know much more than you think...

Every platinum mine in South Africa is producing by product [discarded chrome] ... I have been working on platinum mines for 30 years as an mining engineer so I know what I am talking about.

Seems to me gotreal you are just looking to bash heads with everybody, so I am going to stop conversation because it is quite fruitless. I have no agenda to sway votes or whatever you insiniuating ...

Have a good evening ....

Gotreal

Option 1.

We are lowest cost producer of pgms in the world.

There is plenty posibilities, ways to purchase chrome in South Africa. We only purchase enough chrome for production of 36000oz of pgms at Inyoni ... that's it .... we can pay our debts from profit we making now!

Option 2.

Buy chrome mine or get joint venture 50 / 50 to mine chrome.

So separate listing of those two businesses could be option 3 ....

Seis

Fair deal will be to list both businesses separatly and then you could sell whatever you like .... if daliution comes that's fine as well

Gotreal

Valuation of stock piles should be disclosed in circular including amoun of it ...

but obviously it wasn't for reason ... we want to know what it is worth before we vote ...

can you ask Leon or Jonny about that?????