Member Info for nevertogiveup

There is nothing positive about this company at the moment until they produce copper in decent quantity (10K at least) with margins of at least 40% (all cost inclusive). Secondly communication with shareholders must improve for Management to gain any trust which is completely lost at the moment.

Sir boring...

Well done!!! ... you summarized all the issues Jubilee was and is perfectly ... many past mistakes ( buying tailings and LWP) are got us into troubles...

Only hope is Molefe with higher grade ore taken directly to Sable to generate profitable cash to finance Sable upgrade to 14K tons Cu per year and processing units of low grade ore at Molefe.

Lootgaloot ... nobody is also mentioning recovery of copper from scrap hich contribute 30% of cheap production.... ?

Yes higher inflation will be with us for sometime so lets be aware of that. What if recession comes and price drops????

I haven't seen your numbers 🐸 or fake news numbers. So show us your numbers for next few years.... My predictions are to double production over next two years to 6K tons, then 10 to 12K in 3rd year.

There are so many unknown factors still to be uncovered that it is all speculation at present.

Yes lets wait for Molefe presentation and see if it is genuine, possible to achieve targets given ( if given) as per time frame and cost required. We don't want to hear words "potential" or sky's limit ... do we?

Good for you frog boy ... live your life and stop attacking me and others. Price of copper is fluctuating and will rise with inflation as well. It is somehow cyclical as well, as all other metals.

Production at scale above 10K tons of cathode copper can only bring some meaningful profit for Jubilee. We are 3 years away from that ... hope I'm wrong, but this is reality.

Frog boy...

Stay cool and watch results rather than speculate. NOW DO YOU GET IT?

Frog boy

Cu production is not increasing yet ... everything is based on promises and prospects.... no official jorc yet to boost future share price. Better be realistic and wait for official announcements and physical achievements.

Removing overburden in opencast mining cost more or less same as future mining. So frog stay cool and wait for real stuff ... no fakes please. Speculations get us nowhere.

Forest ... you are absolutely right .... mining cost are increasing every year. It doesn't matter if it is open cast or underground mining. Cost for everything (equipment, fuel, maintenance of rolling and loading stock, transport(if done by contractor), labor cost, maintenance of roads & bridges, etc, etc is and will increase every year. Because of oil prices spike, which will stay with us for some time, prices of everything will increase. Especially in country like Zambia where logistics of supply of material, spares are poor and costly. Inflation in Zambia is very high already. Somebody might be criticizing us for saying that, but wait and see for some figures at the end of financial year.

Nothing is happening with those wonderfull assets for years now. CB doesn't want to get involved in mining, only sell what he has.

Molefe 25% own by Glr so it make sense to bring everything under one umbrella at least Luansobe ...???

Kalan, Forest

You have my full support. Shuvlin is half German half English ramper Only way to treat this shares is to trade it. Yesterday lots of private investors got out.

Jubilee needs around $100mln to get this business going at scale. Small poor poor up to 10k tons at will get us nowhere. Maybe first merger with GLR than reverse split of shares 10:1 and issue shares for $50mln .... thats how I see the future for Jubilee.

Forest

Agree with you, but if we only could get feedback from planned projects and detailed follow ups ... production should come if they complete projects in time and on budget as initially planned. There is no care shown or taken against any of issues like rain, logistics or technical breakdowns to mitigate delays.

Forest

When I say manipulation of share I meant that some people making projections of share price unbelievable (like SundayRoast or Charles Archer) ... many on this platform are doing the same. I will always warn newbies investors to be careful... ask Metal Trade of opinion and few more... it is unnecessary cheerleading.. manipulation.

Company should report on every project (small or big) every two month ( on first week of the month) Status of progress should be clearly indicated with % and completion dates. Reasons for any delays to be disclosed in details.

Templet of projects should be drawn and updated every two months... by RNS and on website ....

That's my suggestion how company should communicate with shareholders.

Seis..

Clogging up the board ? ? Same apply to you seis. I'm 40 years on stock markets from Australia to US .. all around the world, but never have experience such stupid fights and abuse between shareholders like on this platform. It makes me determined to post here to warn people of such manipulation of share prices....

So factual info for all ... if you did not read yesterday's RNS ...

As from tomorrow ROAN will be shut down for scheduled maintenance ... for how long??? ... company says for 6 days ... let's hope it is true. In the past it took them month to ramp up production after restart, so lets hope for the best.

Seis

It is about democratic right to post here what is relevant and what is true... not about share price up or down....

When I see desperate greedy people like many of you trying to manipulate and enhance factual info for new investors to buy shares, I think it is my duty to warn people to be cautious and don't believe in everything what is written on here.

So is you shuvlin ... hope you can read and digest all the info and let your brain start working... you can not full majority of shareholders to see what this company is doing to ignore some news which are due to be disclosed.

I'm simply trying to say what is true reflection of current situation in the affairs of company.

If you want to attack me and others with different views than yours it is your incredibly stupid approach because everybody can see what is going on.

Nobody mention yet that on 8th of May ROAN operation will be shut down for 6 days maintenence. Hopefully it will be only 6 days??? What about ramping up after restarting? Might be excuse for poor production in 4th quarter??? Who cares anymore???

Obviously it is not happening Sir B ... everything what is not happening is ignored in RNSs for years .... there is no moneys at the moment for many projects which should be started or completed already, because no production, no profit and only money available are from SA business sold..... waiting now for next year payment from One Chrome, trying to get extra loan from Banks, tried and most probably will issue more shares for cash/projects .... but all of that is done in secrecy and private shareholders are last to know about it.