Member Info for Tobin

Seagull, I too am looking at the systemic risks of the what will likely in retrospect be described as a bubble in the US stock market, especially tech sector. When a sell off occurs all areas will be affected. Those companies that have well supported income streams into the future will far best. And TXP should fall into that category. At least that's what I hope!

IC have given Jubilee a very positive write up again.
https://www.investorschronicle.co.uk/ideas/2021/08/25/a-copper-bottomed-investment/
You may have to google jubilee metals investors chronicle to get a full view of the article.

"Priced on five times forward earnings and offering 73 per cent upside to my fair value estimate, Jubilee’s shares rate a strong buy."

10% down on IG, still I was expecting lower.

Well after a 10% drop on the opening, the SP is much the same as the close.
Surprising equanimity.

This isn’t going to be good for SP.
suspect financing not going well, another raise in the offing?

Looks very positive, most importantly I think it’s how other companies with tailings or refining capacity are keen to sign up agreements with JLP. Presumably advantageous terms for all.
Do we know how much copper, colbalt is extractable from the tailings?

Seems very positive
https://youtu.be/eZ_pwDvAp70
Would want to be accused of ramping though, DYOR.

My first post here was 7 years ago, and PIN was a 22% discount. 7 years on its much the same discount but the SP was 855p and now 3x that.
More importantly I go to sleep and don’t worry about it.

Linton, really suggest you look back on your back posts and reflect a whole lot. Even if your making a pile of money this isn’t making you a better person.

re Buffett it is worth remembering that he has had many bad years or runs of years where he underperformed and "only" made 20% annualised returns, but he did do that over 55years.
Many investors expect to much, to quickly IMO.
$1000 at 20% compounding over 55years = $22,644,000
And WB made 99% of his wealth over the age of 50.
If you managed to 1 bag every year after 55 years $1 would be $36,028,797,018,964,968 or 1000 times the GNP of the USA, China and Japan
Its not going to happen. Expect the ups and downs, invest in good companies and give them time; and don't expect too much.

Obviously shouldn’t make a difference, but the market often isn’t logical; lest not in the short term.

I really thought that SP would have gone up on the spud. TXP seems to be sailing under the radar still.
Good things come to those who wait..... hopefully.

I looked at HE1, I wasn't convinced. My reading was that helium was difficult to contain and needed an anhydrite or salt cap.
https://geology.com/articles/helium/

Linton : Please short some more. I am selling some land for building and I like to buy bargain stocks.

Linton, I am always open to an alternative view, but I have read your past posts and they are just drivel. Negative, self serving drivel.
Get a life.

I don't believe that JLP have IP'd a specific process, this is from WLIreland corporate sponsored marketing communication in March https://jubileemetalsgroup.com/wp-content/uploads/2021/03/FN-JLP-30032021.pdf
but the fact that they do still seem to put together plant and processes in ways that others can't.
"Simple technology (it’s not what you do, but the way you do it) The processes used by
Jubilee in South Africa are not new and do not require a special ‘black box’ – the
technology is off the shelf. The key is the control of the material through the plants and
in a well-designed Jubilee process flow sheet – the IP is in people and methodology with
constant drive to improve. !

I think we are just recovering from a bit of a hangover when someone told us some of the good stuff maybe off; and some have moved on. It may be still OK (Chinook) just needs be retapped. But then there may be another keg about to be tapped that could really get the party going (Royston). We will have to wait until someone opens the kraken but there is plenty coming on tap to keep the punters interested.

Xav on Twitter, this all sounds optimistic for their legacy fields:
“TXP evaluating 12.5km 2 of 3D seismic over our prolific Fyzabad and San Francique oilfields! Data collected and new play concepts are being used to de-risk the potential deeper targets such as the Mid Miocene Herrera and Early Miocene Retrench sandstone reservoirs.”

From what I glean from XM I think they are looking at the potential for deeper targets below their legacy wells.

Xav moonan looks happy and relaxed.
They should have most, if not all of the seismic now.
I did ask him on Twitter how long it would take to interpret, the answer was almost straight away as “we know what we are looking for”.
So I am assuming he hasn’t seen any surprises?