Member Info for NoExcuses

Dru - 15 May. Must admit it was a red flag for me too.

Grimbeek is not working at Jubilee anymore. I queried this with them some time ago when I didn’t see his profile on JLP’s website and that is the answer I got. Ask them if you want to know.

Crickey HD, that RNS from 2019 really puts things into perspective. 5 years on and we are still not producing that quantity of copper.

Hi edzi, I am inclined to agree with you. But why are they are doing it this way round? What is your rationale?

Absolutely agree with you on that too

I certainly agree with you on that one Shuvlin!

In my view that in not the only main question, the other one is that we are intending to plough money into copper in Zambia which hasn't yet proven itself (both in terms of meaningful production and profitability). So for now the jury is out and many investors simply have no faith that they can successfully pull it off with copper in Zambia (on the basis that there is no substantive proof to date that they can do so).

To be fair Seis, happy was of the same view yesterday when the price was up.

Shuvlin, why so rude? Happy has just as much right to comment on here as you do. Please keep it civil. We are all frustrated by the lack of information - but there is no need to take out your anger here!

To sell a profitable business and use the proceeds for a business which has yet to prove itself despite years of trying is not a sound strategy, and smacks of desperation. The risk they are taking on does not stack up for me. I agree, let's see the precise details first (but even then I wouldn't count on them being wholly accurate)

Zeus are not independent or objective. They are on the books of Jubilee who pay them. They have never been accurate with their forecasts and I wouldn’t rely on their comments.

I disagree with your analysis. Meaningful copper production has yet to be proven. Selling the profitable part of your business for a pittance is not a sound strategy and seems more like an act of desperation.

Good post edzi, and also Homey. Good to bring some reality and balance to the board. Cue the insults and defensive posts from those that keep holding on to the company’s spin (but I’m sure you’re grown up enough to recognise this behaviour). Keep posting

There is no certainty with this deal. The company is taking a big risk with putting all its eggs in Zambia. To think otherwise is absurd. It may pay off, it may not. Take your pick.

It doesn’t look like Flume provides the very important plumbing service that fixes the leak - ondo’s secret sauce

Would you like to elaborate on why you think Ondo has become a major disappointment? Seems a strange comment to make given the recent partnerships that have come onboard in the UK and US, the increasing momentum of registered users that will probably hit an inflection point soon and the competitive advantage it has. IMV this could follow the trajectory of Ting and if so we could be looking at a highly valuable company.

Depends on your investing strategy. If you are planning to hold for 1 to 2 years, then buying and holding now makes complete sense. If you sell or are sitting on the sidelines you may miss out on the next spike up (as according to the company there is plenty of news flow to come imminently).

A senior director has bought shares - that is a positive sign imho

Or try this

https://worldwide.espacenet.com/searchResults?ST=singleline&locale=en_EP&submitted=true&DB=&query=Leakbot&Submit=Search

Does this help?

https://patents.google.com/patent/USD800591S1/en