Member Info for SeisNav

Nice to see Jubilee finally getting a bit of traction and even nicer to be back in profit again!

Yes it's in the RNS titled "Audited Results for FY2025 & Notice of AGM" but you can always find it on the website under corporate documents / circulars:

https://jubileemetalsgroup.com/wp-content/uploads/2025/12/Jubilee-Notice-of-AGM-2025.pdf

I think they said the license areas were contiguous didn't they? That doesn't imply that there's continuous mineralisation across them. I did post a map a while back showing the open pits to the East of Molefe, they run in very obvious parallel lines, roughly East-West over several miles. It's also worth pointing out that some of them are manganese mines rather than copper.

Work is still ongoing at the Large Waste Project, as mentioned in the FY25 results RNS:

"§ An independent resource review of the near 240Mt Large Waste Project is progressing on target with further infill drilling expected to commence during Q3 FY2026 as part of the development of the detailed ore reclamation plan

§ External project leaders have been appointed to drive the project implementation with near final designs on track for completion by end of Q3 FY2026

§ Jubilee has agreed with a potential project partner to commence with a large scale trial on the stockpiles and tailings to confirm final proposed commercial terms. The trial is expected to be concluded during Q3 FY2026."

I doubt we will hear anything until at least the conclusion of the trials this quarter. I did wonder what exactly the large scale trial was. Does it mean that the potential partner is the same company who purchased the initial 10m tonnes?

Yorkie, I would hope they are doing a full refresh of the website now that the sale of the chrome & PGM business has gone through. If you want to know then I suggest emailing JMK. He is very happy to engage with shareholders where it's appropriate to do so. I'm not sure what Charles Archer has got to do with Jubilee's website.

Some people are never happy.

Https://x.com/Jubilee_Metals/status/2009562946146619464?s=20

We both know thats wrong nevergonnagiveyouup. If Roan is producing at 300tpm regularly as Leon has stated then it's already a big step up from previous production. Molefe was due to step up production this quarter.

I don't know why you bother with the pointless posts you knock out. Even SirBoring seems to have bored himself to death after all that effort to try and talk the price down it must have been a blow to his ego to realise that nobody was paying any attention.

The latest charts:

https://www.dropbox.com/scl/fi/tlcbhgrnj5yxbpfd4ln8h/Commodity-Prices.jpg?rlkey=7vx9nc4syt0zd6rl6xmszzngy&dl=0

All we need to see is production stepping up and we should see a significant re-rate to reflect the rise in copper price. In Leon's last interview he said that Roan was now processing at 30,000 tpm throughput which equates to about 300 tpm copper.

Cobalt continues to edge upwards as the export chaos in the DRC continues.

"Having a look at that 220 million being in excess of 10% my wife and I have in excess of 3%."

If you think 220 million is in excess of 10% of 5.15 billion I think you need a new calculator!

Give it a rest Mazerunner, we don't need another blatant ramper here.

There might be a difference between what is produced at Roan and what is sold after processing at Sable because of the need to dry the concentrate before transporting. That seems to be a bit of a bottleneck so they are expanding the filtering capacity to increase throughput. I guess there will always be a difference between tonnes produced and tonnes sold though.

The rainy season has only just got started. It was early this year, starting some time around mid November. It usually starts to ease off around March I think.

Yes it was in that ballpark more or less. I'm just assuming 300 tpm for Roan and Molefe ramping up to 125 tpm by the end of December.

It's funny how seeing a TR-1 for someone else buying encourages others to buy. Nice to see anyway!

The LME copper price is quoted in metric tonnes (currently ~US$13,200 / tonne).

Copper price is hovering around US$13,000 / tonne at the moment, not sure what's driving that but I hope it lasts!

Https://x.com/Tertiaryplc/status/2008093817140883855?s=20

Nothing that holders don't know already but for those looking over the company this should be of interest.

How are you getting a run rate of 15k by end of June 2026 LUFC? Based on what we know right now it's estimated to be nearer 10k.

Actuaries must be very well paid in SA if you can afford to risk that amount at your age.

You have to understand that the price of platinum and the price of rhodium are linked to some extent. When the price of rhodium gets too high, platinum is substituted in certain applications in the glass industry. The problem there is that it is not as durable as rhodium and so wears out quicker. When the price of platinum goes high as now, it becomes more cost effective to return to a higher rhodium content. That might be whats driving the buying of rhodium but if so it might be a temporary rise. Time will tell.