Given the expansion possibilities elsewhere I can't see JLP wasting their time and money on something that doesn't provide at least the same profits or is totally extra to any other projects. Why would they get entangled in a complex relationship for less?
Not proceeding wouldn't be a tragedy (apart from losing our deposit) as we have and will have more than enough copper to process and further expension wthout sharing the proceeds. Might take a bit longer.
It's nice to see some positive speculative posts on here rather than the fears around Armageddon that we have been having whilst one or some major holders have been exiting. Looking forward to the podcast on Sunday.
He can have freebies but not options at 5p a share! Make it 20p and I would be happy. Even more so if the requiredamount of shares were bought into treasury.Ollies were 13p I think. Lets see what Leon says on the Sunday Roast. We might get some news about production.
Financial management of jlp has changed considerably since he arrived and now the two jurisdictions are in seperate control of their finances. His leaving should not affect anything in the short term.
Absolutely right about the foreverness Telly. It all depends on what the asset is woth. I can't see them paying anywhere near 10% of the value of JLP for anything other than a refinery and they would certainly not issue shares for that.
A few million here or there hardly matters now we are around 3 billion. Even 300 million is only 10%, that is 0.5p of the current sp. (Not that we are going to be issuing that many)
What a great bunch of sales people we have on here. I'm surprised JLP aren't bankrupt already. They would be if they were reliant on their shareholders.
I must say I'd hate to work anywhere that Edzi was the (micro) manager. Any kind of creativity would be squeezed out by the nit picking. Sorry Edzi but it really is becoming an absolute whine. Lets see what the 3rd quarter (CY) report turns up.
Thutse was only last commented on as an item in the quarterly statement. They aren't going to release details every time an individual piece of machinery is up and running. If it is we will get to know in the next statement.