Member Info for shuvlin

Price reluctant to move though. Seller still around.

If this is not for you metal why are you here at all?

I noticed that as well Iluvise.

Me too.

Seis is the one with the most realistic input on the board.

I apologise profusely but really the ramblings and calculations conjured from thin air on here since the decision to sell up in SA, probably SA citizens given the language being used, are not something to which I am prepared to countenance a serious reply . It's quite obvious many if not most have turned up to sow the seeds of doubt and either get a better entry point or wreak some kind of revenge at Leon having the audacity to abandon said country. I don't care what they think their qualifications are, real or otherwise, and I'm certainly not going to mention mine.

Doc and dick then. Is that better?

Dick not doc!

"We won't see that of course" Actually you have no idea whether we will or not. Just an opinion.

That is actually almost 20% on the bottom line for Jubilee over the year depending on how costs have risen.

He can't exercise them at the moment though whatever the price is.

......and, should that figure be repeatable in the best of all possible worlds the resource should be valued at around $170 million. (For doing nothing !!)

I doubt the market has even given the "big pile of rocks" the slightest thought as regards value. Along with the other assets that is one reason that the SP is completely out of kilter.

. Can't think of many companies where that is the case Bluebelly. 5p just about covers NAV.

Some seem to have forgotten that targets are not just based on throughput of material of whatever description by using current equipment but also by replicating this by building new modules. This is not like a mine with one big hole in the ground. As long as there is power and water many more modules can be built and more metal produced. The supply is there, it is ours (mainly) and the technology is tried and tested on most types of feed material. That is where a lot of the money from SA will be spent and eventually made.

Quite a few mining stocks down today including SLP which was nearly 6% adrift. Obviously when all go up we stand still and when all go down we tag along. Mr market is unable to assess this in any other way. It's a pain for us but probably a crazy bargain for anyone buying now.

Schoolboys seem to have taken over the board I'm afraid. Even the fat owl of the remove seems to have returned,

Does anyone have jmk's email as I have a couple of questions for him and can't find it.

A puzzle for me as well unless he knows a good deal more than we do. The sp at the moment is ridiculous in relation to the possibilities here but there is little buying pressure almost entirely due to the lack of news, at least of the kind that would move the sp. To stop this they need to release anything that casts a positive light on what they are doing. I would have thought that with so much happening that shouldn't be difficult as long as any news is exactly positive! It seems no-one has been tasked with this on the staff . JMK has already got a paper loss of 5K on his recent investment.

Looking at the full picture.....NO