Member Info for SeisNav

Sumo, OB1 was announced in December 2023, not 2020. Yes it's been slow to develop but not that slow! I agree that Leon needs to deliver significant progress as well as better comms this year or it's time for shareholders to make their voices heard, after all, it's retail shareholders that are in the majority right now.

It's good of you to invent him an alibi Telly but I don't believe a word of it.

Everything Boring has posted in the few brief weeks he's been here is negative with a capital N. I fail to understand why he hasn't packed up and moved on. Clearly something is keeping him here spouting his unsubstantiated bowlocks... what is it? I'd be more inclined to let him off the hook if he didn't stay quiet when the SP went up and then re-appear when it dipped again! Funny that.

Northern it would be great to see some assays to back up the bullish words that Leon keeps telling us. If we haven't seen anything by the time of the AGM I think it's something they need to be pressed on. If you are going to say the mine has potential to be the largest in Central Province then you really need to be able to back it up with evidence.

No problem Ardbeggar, I still find it crazy that the SP can be sitting where it is when you look at what commodity prices have done recently. Hopefully once investors start to see increasing production numbers in Zambia it will kick start a rally.

I had a nice win on the Premium Bonds last week... maybe my luck is changing! 😉

I think Nat's giving his age away there, Metal Mikey was a kids TV show in the early 1980's, the main character was Mikey the robot!

Here's the updated charts:

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

Chrome continuing to show signs of weak demand / over supply. Down from US$281 to US$263 at the moment. Maybe the right time to be getting out of it!

PGM's steady with estimated basket price of US$2250 which should support strong earnings this quarter.

Copper continuing the long term trend upwards

Cobalt hydroxide remains very elevated due to the DRC export issues currently ~US$54,000 / tonne. We still don't know if this will play a part in Jubilee's future plans or not.

That Mufulira project has made no progress since IRH took the majority stake in Mopani. Jubilee walked away from the deal with IRH for the large waste project (according to Leon) because they expect to be able to get a better deal than was on offer at the time. Maybe IRH were not happy about that and are in no hurry to agree terms on the Mufulira project. In any case it should be low priority compared to the three pillar strategy they are pursuing.

Another graphite mining license up North of Storuman approved today:

"Today, December 8, the Mining Inspectorate has granted the company Talga AB a mining concession for the graphite deposits Nunasvaara Norra, Niska Södra and Niska Norra in Kiruna municipality in Norrbotten. The areas are part of Talga AB's larger graphite project, which includes a total of four deposits. The deposits in question are located within an area that the Geological Survey of Sweden (SGU) has identified as being of national interest for valuable substances or materials.

After consultation with the County Administrative Board, the Mining Inspectorate has found that the planned activity is compatible with conflicting land use interests, provided that the company takes the protective measures, precautionary measures and compensation measures that it has undertaken. However, the decision imposes certain conditions to protect the reindeer industry."

Can we dare to dream? 😉

Well it certainly looks like our mystery seller may be done, at least for now! There can't be many institutions still wanting to sell, most of them have cycled out over the last year or so to be replaced by new ones apart from the faithful few.

I suggest you email the company if you want answers. It's really not that hard. You seem to be the one deflecting.

4everlong, how about YOU email the company and YOU ask the questions. If the company requests responses are kept confidential for whatever reason then it's not in my interests to go against that and risk any future enquiries not being responded to. Yes it would be easier for the company to say you are free to post any replies on social media but for whatever reason they don't want that. That means you have to put a bit of effort in, instead of expecting other people to hand information to you on a plate.

There are specific reasons why they went with GLR for Molefe. If you want to know what they are then I suggest contacting JMK and asking. Those reasons don't necessarily apply to project G so they may not play any part in that one.

I noticed that the mining inspectorate approved another mining project by GeoReality AB yesterday. It's a graphite project up to the north of Storuman. There certainly seems to be a more pro-mining approach recently. Fingers crossed that Storuman is looked on equally favourably. It's a bit of a long shot but you never know. If it comes off then we should re-rate in multiples... if it doesn't then we are no worse off!

You have answered my question. No further questions M'lud.

So you're telling me that you can't prove you sent any emails. You could just have said that.

I'm sure Jonny would be able to confirm your recent emails if you give us a clue. Then we would know that you are a genuine investor for 6 years who just happens to have opened an account (or accounts) here recently.

Nevergonnagiveyouup, could you tell us the last email that you sent to the company with your concerns? Or do you only post them on this message board?

I’m assuming the initial program is focused around the current pit before moving on to a wider exploration program to determine ore reserves.

“There are no derampers here .”

I needed a laugh today, thanks for that!