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They also recently consolidated ownership of three other Zambian licenses under Tertiary Minerals (Zambia) Ltd : Jacks, Mushima North and Mukai, in order to make any negotiations for JV's easier... which makes me think there may be another deal / deals in the pipeline.

First Quantum are keen to find other deposits close to the Sentinel / Enterprise mines in order to extend the life of the mine, they have been doing airborne EM surveying of the whole license area. Tertiary have identified an anomaly which straddles the TYM / FQM license boundary at Mukai and I think there's a good possibility of FQM drilling that for TYM. They are already in a data sharing and technical agreement with FQM.

Everyone on LSE must know what his MO is by now. Maybe he's actually convinced himself that he can manipulate share prices all by himself!

Unusual to see Earl talking a stock down, he's usually ramping the hell out of everything in sight!

This isn’t the only Zambian project with potential either.

…another Bed & ISA done at this price but I’ll take it! That’s mine at 11:32 😁

KoBold expected to start drilling at Konkola West project by the end of this month.

Tertiary Minerals has just announced they expect KoBold to start drilling on their Konkola West project before the end of this month.

There are many reasons why the SP might have started to recover, some of which might be:

We are getting more attention now due to pundits like Share Prophets and Charles Archer talking positively about the company.

Copper price is getting stronger so people are looking at getting exposure to copper.

People getting in ahead of the Q3 results

Potential news due on the status of Roan upgrade and ramp up.

People in the know buying in. There have definitely been some news leaks in Jubilee in the past, for example there was a lot of unusual selling before the news of Roan's power and water issues was officially released after the first ramp up.

I'm sure there are other reasons too.

Is that cashing out or crashing out Jonah? 😁

First day of the tax year, maybe people looking to use their ISA allowance. Whatever it is, it's good to see after so long in the doldrums!

Is it all about the copper? I don't think the market has woken up to the profitability of the chrome business yet.

The areas around Kabwe and Ndola still look to have plenty of water and look very green on the recent satellite images I've looked at. Not all of the country is equally affected by the low rainfall. If there are problems it's likely to be later in the year I would think. Electricity is more of an issue, with so much reliance on hydro power. The government are putting things in place to address that, like load shedding sectors which are not critical to growing the economy and buying in extra electricity from neighbouring countries. Jubilee can always address that with backup power as they have had to do in SA, if that proves to be necessary.

Https://www.znbc.co.zm/news/small-scale-miners-told-to-wait-for-senseli-tailing-ops/

No, it was definitely misleading. I’m sure you will be up to the same tricks next time you sell and I’ll be only too happy to point it out when it happens.

Kalan you weren't "slandered" for charting, you were pulled up for posting misleading information. Good for you if you made a few quid trading.

You're a fine one to talk about abuse considering your dubious holidays. Taking advantage of confused young men is pretty abusive isn't it? Also quite high risk which is odd considering your username! I do hope you didn't give them anything nasty.

I think we're starting to get more coverage too, Share Prophets recently wrote about the company as did Charles Archer:

https://x.com/that_stocks_guy/status/1775813639598997710

Northern, yes Chambishi is pretty much equidistant between the Mufulira S l a g dumps and Chingola so it would make a lot of sense, assuming that it is actually OB1 at Chingola. If they are considering it for that reason then it's a possibility that IRH could be involved in the purchase of Chambishi. I'd thought it more likely that they would look to processes OB1 through Mopani but maybe not. It's all speculation for the time being!

I'd assumed that OB1 was the name given to the dumpsite by Jubilee but actually there is a dumpsite with that name, owned by KCM, at Chingola:

https://tinyurl.com/4capshn3

It seems likely that it's one of the big dumps at the Nchanga open pit on the outskirts of Chingola, just down the road from Chambishi.

Slater, Fidelity and Canaccord Genuity have all taken the opportunity to significantly increase their holdings during the recent lows. I don’t think we are on the radar for many private investors yet and those that do know what Jubilee does could well be waiting for proof that they can produce copper at the levels claimed. For me, I’m not particularly concerned about hitting the annual copper target, what I want to see is Roan hitting targets after the upgrade. That will be the key which unlocks the exponential growth in the same way as we have seen in chrome. The IRH deal will give Jubilee the funds to get that expansion rolling.

For anyone trying to calculate the numbers, here are the quarterly average metals prices for this financial year so far (the spreadsheet shows them as calendar year):

https://tinyurl.com/2ypnz6us

You can see that the PGM basket and chrome price has been pretty consistent over the year so far with copper starting to trend upwards.