Member Info for nevertogiveup

Rhodium price $7500

Bob

Absolutely... circular was waste of time especially portion talking about Zmbia prospects [nothing new but no timeline or proper costing ... just empty promises again}

Gotreal

It's not important now who is the buyer ... and does not help to cry over spilled milk.

Tomorrow is also important day .... US & Russia meeting in Alaska ... concessions to be given to Putin so he can agree to ceasefire in Ukraine [lifting some sunctions on Russia, etc] .... already gold price is down and platinum, paladium and Rhodium up. Maybe it will be good for copper price as well?

Arete is too small to do this transaction on its own ... maybe I am wrong?

3card

You are absolutely right with all points you mentioned....

I am also sure that behind One Chrome is much bigger company ... SAMANCOR ...

Seis

Sorry it was mention in Q4 operational update - South Africa on 21 July 2025 [RNS] and reads...

The new PGM partnership announced on 9 April under an earnings share agreement has commenced with operational trials ..........

BOB

They are shrewd ... they will never answer ... in RNS on 6 August Leon said they are testing this material with third party ... in circular it says there is no capasity to process it by anyone... it shows you how mischievous they are to camouflage the issue and give it a way for free.

How many tons we have???? ... it is very valuable ....

Seis

Please read all my questions and comments ... then post your comments on all of them.

Yes we making good profit now on pgms and Rhodium price is ticking up every day.... yes there is no guarantee for 5 years on pgm, same as on copper [ at least not consistant] .... nothing goes in straight line up.

Everything is for the debate and for careful calculations ... I was just asking questions.

Chat

Proper exploration by drilling is done by diamond drill machines which can recover core of the rocks intersected. It take time to recover core [pending the depth of drill hole].

Munkoyo exploration [at least partial] should not take longer than 6 to 8 months ... again it all depends how many diamond drill machines are used and what depth of holes they drilling.

After that all core recovered is logged / mapped and sampled ... you can see how long it will take to do proper exploration to obtain /define ore reserves.

Project G .... 10 months, next ????

Who can tell me how many tons of PGM feedstock Jubilee has as of the end of June 2025 ...????

Why we are kept in dark about that???

How much it is worth????

To some speculations we might have well over 1.5 million tons of unprocessed PGM material waiting to be processed?? .... we can supply Inyoni plant with that for 5 years and produce 36000 oz of PGMs metal per year with huge profit!!!

We don't need chrome for next 5 years to make clean profit...???? We could decommission our chrome processing units and transport it to Zambia to install at LW projects [with some modifications ]

Anybody could be so kind to find the answers to all of that????

JLP good share to buy in 2 or 3 years ... for now very dicy ... lots of things must happen before Zambia can produce profit from copper. I think everybody is aware of that, and our expectations are based on hope for now. Biggest problem for now are ore reserves to fill up Sable and produce cathode copper. Too many IF's & ??in all publications [RNS or Circular]

So "NO VOTE" from me.... if we keep SA business we have at least back up to keep going ... look at Rhodium price over last few days ... it can easy go to double figures soon and then profit [9% of PGMs] will flow.

Exactly Chat .... drilling as per grid .... and time depends on depth of the holes and ground conditions.

Rhodium price is going up every day ...

$7400 today ... time to change the vote??

Chat

Ask Leon for 1p options then you will be OK... lol.

Gotreal

Now you talking about Munkoyo with common sense, but all that takes lots of time and money ....

Same should be done for project G and future small mine .... without certainty of ore reserves there is no future.

Grey ...

They did not do exploration by drilling and sampling to delineate ore reserves....

They did dig few trenches and hurra ... we can mine... typical artisanal mining which will byte back soon.

Gotreal....

Well they stop mining at Munkoyo in July despite claiming they have 9 pits open??? Same time Sable haven't got high grade ore to produce cathode copper.

Bottom line is I was right and you should appologise, but lets leave it and wait for more news about Monkoyo ore reserves and future mining....

Gotreal

I will leave it to your pleasure ... because you and lots of people don't understand what real exploration entails .... it is not airial serveying or trenching, but drilling into certain depth in pathern to cover ground, than sample core of all drilled holes, and only then do feasibility study to design methon of mining ... or opencast pits.

Yes they did 1 km trenching to get some idea where good values are, but to establish real ore reserves they need to delineate ore reserves by drilling and sampling [because trenches oare shalow and not acurate]

So whole process is expensive and time consuming, but they will get certeinty where to mine.

I am still waiting for your appology ....

Gotreal

Just read slowly and carefully RNS from 6 of August ... when Leon says ... The company has temporarily halted mining at Monkoyo for July and August, while extended pit design is completed based on the drilling results..... we don't know drilling results, niether him???

As you might understand that drilling and design of opencast pits is based on feasibility study and it will take time to drill, sample and than decide where to establish new pit [where high value ore posibly is] ... so what Leon said in this RNS is a tumb suck again with no concrete value [knowledge]

You should apologise to me and think before you accuse sombody of talking your lanquage ... porkie...