Member Info for shuvlin

Not me Guv!!!!!!

It applies but also conditions change over 3 years JLP. One thing we can be certain of is that the board will have to give us a hell of a lot more info than we are already in posession of and we will have a better understanding of the companies position. It might reduce some of the constant speculation on here (for a while)

That's because I spell it like that on the other board. Thanks 3card. Shelvin is worse and I often get that.

Granted Gray but it is most likely less than EBITDA. Depreciation is anther figure we have to include when it comes to valuation of course.

Whats important is not EBIDA but what profit we have left when those charges are subtracted. That is all we have left to invest in Zambia.

Don't take tims name in vain edzi. He is not against the deal but like me waiting to see what figures are given in the circular. It seems you are fixated on retaining PGMs even if we would have more profit and less capital spending by putting the resources into Copper. I am not the last man standing by the way because you and some others continually misrepresent my position either through willfulness or more charitably not reading effectively. My position is wait and see , no more, no less.

Kalan, where have I spouted positives? There are many on here who wouldn't pass their basic english exams due to ineffective reading. I am merely saying WAIT FOR THE BI0*DY CIRCULAR!

He achieves his objective Seis which is to sow confusion. Several of us are saying wait for the circular. Everything else is noise and aimed at producing an effect for the poster. He says we just don't get it and that is correct because none of us do at the moment including him and others of that ilk.

Not angry. Just fed up with useless speculation. We know nothing and everyone has their agenda.

That's the offer that came in Happy. You can either vote against it or accept. You do have to bear in mind however whether the proceeds will make more profit in copper. That is what we are waiting to hear the details of.

There seems to be a corner shop mentality on here at the moment. Those who want total safety should invest somewhere else. No risk no reward.

Why don't you shut up until you actually know something Happy? You are just blathering on spouting the same unverifiable $h!t3 all the time. Give it a break and wait for the circular and the 2025 figures (should they arrive in time).

That is not the only angle to look at it from tebbster. If I have a car worth 30k and am offered 28k for it that might sound like a bad deal but if I can use that 28k to buy a car that would normally cost 35k but has a one off discount then it can be a good one. We have to weigh 90k invested in SA or 90Kinvested in Zambia. Which will give us the most profit. That is the equation we have to balance. Anything else is poor business practice.

We don't know what current earnings for PGMs after EBUTDA are at the moment welloilbe. That is the info we need and also the projections for the same as against copper.

Of course notbut unlike you I am waiting to see what the reasoning is here.

Is Slater getting shafted Happy? You seem to think he has more sense.

Those are all things that I reasonably want to know Moneyman but not from the likes of the happy edzi clan.

Seis, I don't know but that is why I am not jumping to judgement until I have seen the figures that have led to this decision. Up to now we only have the equivalent of fantasy football being played out on here. Let's see if there is benefits and ignore the siren voices for now.

Yes moneyman but SLP will only rise and fall with PGM prices. Fine if you want a steady income. I thing Jubilee is more interested in becoming a much larger company at a considerably faster pace and it sees that route through Copper and not PGMs. Riskier? Probably but that is what it used to be in SA when many on here bought in.

Then put everything in there moneyman . You obviously are looking for a mature business rather than a growth play. The growth has gone out of PGM's and Chrome in SA so JLP is probably not for you.