Member Info for Sumoskier

Dorian, fully expecting a Q1 update this week providing PGM production. At latest next Tuesday!

Based on the earnings increase from higher metals prices across the board it’s highly likely they’ll double earnings a lot earlier than three years!

Thanks both. Much to look forward to and hopefully not that far away if Leon provides the update!

Does anyone know the timeline for the Elephant implementations? Just interested when Cobalt might start to kick in?

I think the interesting comment was when he said if it gets above 17p then fill you boots! Expecting a big rerate then when it breaks out. If we get the quarterly update next week that could be the catalyst!

Again!

Hope so. It’ll be good to see ongoing expansion after Zambia!

Leon did mention in one update earlier this year that they had a team in Australia but why was never really expanded on? I’m still thinking there’s going to be a H2 announcement. Short term is getting Copper up and running!

Opperman , from which company is the RNS?

Very surprised where we’ve ended the month in terms of SP. Thought the brokers note would provide a boost, instead it seems to have popped the balloon! Have to wait for Roan now!

If the WHI note is materially misleading then surely there needs to be a clarifying statement as it’s misleading the market and will, to put it mildly, bigger the share price for a fair while!

I agree. I’m thinking nearer 30p as fair value taking into account current PGM prices?

Irfan, the problem is these sites are using historical data to price. The earnings ramp up currently going on is largely unnoticed. JLP have to have a word with their broker to get out a new valuation based on better data or dump them and get in someone new!

Double today’s production levels sounds like nice room for expansion!

Not going to make my 19.5 estimate by the end of the month then! Frustrating!

It would be good if WHI took the bull by the horns and provided a recommendation? Surely it would be Outperform? Not many companies are in line to deliver the earnings increase that JLP will over the next couple of years?

What I also like in this RNS is the commitment to complete the Zinc circuit with the aim to
lean up Kabwe. Although small value the positive PR could be worth multiples on the PE rating? Being widely acknowledged as ‘green’ would push it into more funds?

I think the real unknown, which will be another potential blockbuster, is how much Cobalt is coming out of Roan, and in due course Elephant? $50k a ton!

Mikie, and your YE estimate is?

19.5, although just want it to move off 16.375!