RE: Share price weakness11 Aug 2021 16:04
Who invests in an AIM share with the thought of getting a dividend? We are all invested here because of the possibility (probability) of exponential growth. That is where shareholder value will come from if you have the patience to stay the course. Jubilee are doing exactly what they should be doing. We have prime mover advantage at the moment, it won't be long before the market starts to get crowded, so we should be grabbing the cream of the tailings projects now whilst we can, and the infrastructure to process them. I am fully behind the current strategy. If I want to earn a dividend I'll go and buy Microsoft or Apple shares instead!
The expanded Inyoni processing capacity will be completed this quarter, increasing processing capacity by 45% . The first integrated copper concentrator will be commissioned in January next year with another already in the planning. That gives us a projected 10,000 T of Cu / annum. Phase 2 of project Roan is due in Q3... A cash machine!