Member Info for Sumoskier

Can’t open the link?

Oh yeah! Stupid me!

But confused...is anyone else seeing the last trades going through at 3.80ish?

Assume you mean hoovering?

Think the results price the business model. Q1 should provide a bigger cushion. Looking forward to normality and a rerate!

JLP, I was only quoting a news article which stated that elements of PGM production including tailings could be kept open, not that it must.

Moneyhawk, apparently tailing operations can stay open during the lockdown? Good if we can use this opportunity, as long as we can keep people safe, although I wonder how long it will continue?

Reading on ADVFN that tailing operations might stay open. Anyone know if this is true?

Fellowship, if this lasts 18 months everyone is in trouble, let alone JLP!

I agree it would be nice if it was operating. I wonder if some of the reason it’s not is because they’ve been trying to talk to third parties. Wonder if was to effectively get them to pay for the cost of the operation which would make the value at Kabwe so much more. Also assume it would extend the length of the operation.

MM, can you expand on your elephant in the room comment? If we can mothball the cost base is this an issue?

SS, JLP are producing Copper out of Kabwe!

Even allowing for the massive downward movement today in PGM prices the high price of Rhodium over the last year should provide some cushion and allow JLP to still be profitable on the margin? That and a cushion of cash should see us through?

What’s really missing here is what is the USA’s economic response to the virus. Until that comes out then markets will probably continue to fall. Even when it does they still may! Get under the covers until July I think, then see what the worlds like!

Are you saying this will result in a blue day for JLP in Monday?

MasterRSI, that’s been re-prioritised until after the zinc?

Isphahan, excellent post and completely agree. The past was largely about survival, the future is building an income stream!

It all smells good to me. Making money earlier than probably expected. Pity there’s nothing in the SP yet for it!

I would have thought that the bringing online of metals is just a planning issue. I’m not convinced that Leon is able to forecast the future! The strategy is to produce as wide a range of metals as possible to win on some and win less on others?

TBtT, as you know all will become clear in the usual JLP way ( or miss-way)! Grey as always!