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Every time you reply to a troll like Peggy or the rest you are just helping them to get an erection. Do you really want to be responsible for that? We finally have some positive news to talk about over the coming days so let’s not fill the board with pointless squabbling. The only ones to benefit from that are the trolls.

I think some people are maybe missing part of the picture. Once the large scale mining licenses are in place we have 25 years to develop the assets. We already know there are copper deposits, Cheyeza East has the potential to be developed on its own and I don’t doubt that there are others within the licenses. Take the worst case, Anglo fully explore the licenses and decide that there’s nothing of large enough size to develop…. We are left with a picture of what’s there and 25 years to develop what’s there. Personally I fail to see the downside.

At the risk of cross ramping I would encourage people to look at recent news from Jubilee Metals, they are planning to put in place modular processing units at selected locations to process material including weathered oxide material… just the thing potentially for processing the Cheyeza East deposit.

I educated myself as a geophysicist and have had a long career in exploration. I would assume that as an in-house geologist (your words) you might have something to say on the licenses in which you have an interest. Apparently not.

You can submit questions in advance of the webinar using the company email address. I’ve already submitted a few although I’m sure they will all be asked by others anyway.

Now we are (almost) finished with the JV, hopefully we can make progress in Botswana. I think the assays were probably put on hold to preserve cash until the JV company was created, I hope they can now be dealt with so we can see what the situation is there. With one of our licenses surrounded on both sides by Khoemacau licenses, both with recent discoveries bordering our license, it’s quite an encouraging prospect.

There’s also the matter of Namibia, which Nick mentioned in a recent interview.

I’ve asked Nick if he can provide some clarity on both of these things.

I see that thefenerbahce didn’t respond to my question, strange for someone claiming to be a geologist to have no opinion on the geology of the licenses.

JFrake, if Arc were doing the drilling I would have thought they would back to the Muswema area but with Anglo now making the decisions it’s hard to say. Personally I’d like to see some drilling north of the Cheyeza East anomaly but maybe Nick will be able to say more in the call next week.

What are your opinions on the assets that TYM now hold? In Zambia they are working on securing one JV and they have mentioned interest from other parties in one or more of the other licenses.

I think its likely they will JV with FQM on the Mukai license.

Anglo American and Arc Minerals have today announced the formation of the JV on Arc’s licenses, TYM hold a new license with adjoins that JV and has very interesting geology, and is in a highly sought after area.

That’s without mentioning the other assets in Sweden and US. Plenty to be excited about in my opinion and I certainly don’t see any need to ramp here. Obviously there has been dilution in the past but thats the nature of junior exploration, if you chose to invest in that type of company it should be with the understanding that most exploration is not successful but when it is, the rewards can be very great. Blaming the company is naive in my view, it’s a high risk investment and you should chose to invest (or not) with that in mind.

No idea which of the many trolls I’ve green boxed that is but I was always here for the long term, the drill results will determine the share price and I’ve seen enough to know that the chances of finding at least one large ore body are VERY GOOD!

There are the inevitable 10%’ers to work through, lot’s will be selling on news so it will be a day or two before the shares work their way into stickier hands I guess. Not concerned about the SP in the short term, with drilling already happening and much of the FUD now rendered null and void, interest will be there.

Drilling already underway….

🚀

It seems an odd choice of location, there are no major copper mines in Kabompo district as far as I can tell.

HD, your very first post on Jubilee in 2020, you claimed to have been invested for 7 years. Your second post, a week later, you claimed to have been invested for 9 years. Now you are claiming 14 years! Which one is it? You always turn negative when the price drops… it’s not exactly subtle.

If this is the warrants being swallowed up by an institutional investor, they will be gone in no time at this rate.

That Roast podcast was recorded last week so I guess they are interviewing Leon this week, might get something midweek or next sunday I guess.

Lots of shares changing hands today, I’m wondering if this is the warrants being bought up.

Why don’t you make the effort to have a look?

I’m averaging UP! 😁 I did say yesterday to watch out for small buys when the price gets close to 6p, you can see it again today. I’m convinced that this is a sign of a large order being filled. The closer the ask gets to 6p the smaller the number of shares that can be mopped up without going above 6p. I noticed the exact same behaviour when Slater was adding last month.

Just for reference the trade at 12:15:57 is mine and it’s definitely a buy! If the MM’s are going to lower the ask for the big boys I figure I might as well take advantage.

One other thing with regard to the cobalt, both Mopani and Chambishi have cobalt electro-winning circuits so that they can produce high grade cobalt metal rather than a hydroxide intermediate product. I don’t know if they plan to go down that route but it’s a possibility.

Gotreal, yes I definitely think that the full significance of the RNS hasn’t been fully appreciated by the market.

Mikie, it’s certainly possible that Mopani wants to appoint Jubilee to run the tailings re-processing / 3rd party RoM operation at Nkana in a similar way to the operation at Inyoni, which piggy-backs off Samancor. I guess we have to wait and see how it plays out but there was certainly mention in one of the company presentations of them buying a refinery as well as refurbishing existing assets.