Member Info for Snaffleman

He says that the Kabwe issues will sort themselves out in due course. Due course is like a politician saying we will resolve that issue in the fullness of time. Lets hope it is resolved by the end of the month but I wont hold my breath. No word yey on Hernic business rescue

For goodness sake get it sold and use the funds for existing and new project and no more placings. The currency of the company Colin referred to in the webcast is our money. If Tjate cannot be sold what is the value of an asset you cannot sell. Should have taken the 5 million dollars for Quartzhill Leon the story of that sale had a hint of Pinnochio about it

I agree that Kabwe is really an iron in the fire as you but I believe that any further slippage with the licence and the sp will take a hammering such is the market sentiment at the moment. That is despite the Market Cap being fully justifiable on DCM Hernic Platcro etc. I believe that the SP would be higher today if we had never got involved at Kabwe perverse as that is. hey are hell bent on expansion before establishing profitable and healthy cash flow at DCM and Hernic. Big mistake in my opinion

Weeble, there are some posters who constantly post negativity no matter what the news is good or bad. I personally find that your comments are always well researched and fair/ I remain a holder at this point

It will never happen in my opinion. I don't believe Leon will ever buy his commitment is limited to shares in lieu of salary and options. If that is not enough for you don't buy. I am a bit hypocritical about this in that if I was a new investor I would not touch a company with a bargepole where the CEO even had a dubious attitude to personal share purchases. Ironically with JLP I currently have far more reservations with Colin than Leon and Colin has bought on several occasions (but notably has spent 400 k ELSEWHERE RECENTLY)

The record on dilution in all its horror is clearly stated in the RNSs and there is no information I believe if he holds warrants. If you want to deramp do a bit more research

And that freeze will probably kill any upside we might have got if the next 3 monthly production figures are good. For gods sake can someone give us some positive news I took from the webcast that Leon has walked away from at least 1 maybe all of the 3 game changing projects. There were no positive noises on that front during the webcast. Dead on Tjate also. The webcast positivity was all on Kabwe-please don't laugh

Maybe they are not really sure themselves

I called him something else but I will admit it also had four letters and began with a c

Yes could be. Remember the line "and you may say to yourself my god what have I done"

Has to be Road to Nowhere

As Trump would say its FAKE NEWS

Could not agree more. I hope this point gets made in the webcast the need to deliver as promised at DCM and Hernic before pursuing additional projects. Establish confidence before embarking on ambitious expansion

Less than 9 minutes to read the report and publish any negative points ignoring all the positive earnings growth - good effort. Plus the situation at DCM was already known and he states it will be funded from the debt and cash plus

Yes that is what they said at the time they announced the conditional sale. But when we got the licence it was a different story suddenly it was not enough money actually Leon was contemptuous about the amount when he talked about this in one of the interviews. If we had taken the money it would have prevented at least one dilution.

I never believed that we were told the whole truth about that business. It could be we a case of "we don't want anymore" replied to with "we are no longer prepared to sell it to you anyway. That way you can tell whatever story you want and present it as the truth.

Bear in mind Leon turned down approximately �5 million from Anglo for a small part of tjate (Quartzhill) adjacent to their existing property. Leon stated that that valuation was far too low in light of the present economics. Either Leon knows something we don't or He and Colin need to get psychiatric help. The tsumani of negativity at the moment is reflected in the SP.

I can understand why as a BMR holder he is angry and wants to damage Jubilee The negativity based on no firm evidence has been very effective today across multiple boards sp not affected though

I have been also here for a few years I think that your expression of frustration is shared by many. I remember at the mid 2015 Investor Show Colin promising highly profitable PCM sales from both DCM and Hernic in a short timescale. Over Two and a half years later we are still waiting for DCM Platinum sales and the share price is lower than mid 2015 in real terms despite the Tjate licence and other progress. They are determined to make mid cap but are seem prepared to dilute us all to hell if necessary

Leon has been on VOX Markets twice in recent weeks and we should be due a quarterly webcast soon.