Member Info for TopCatz

scrub all that. I knew it was to good to be true. 25,000 tones of chrome processing.......very different

Make that margin 100% (or 50% production cost on yield)

25,000 tonnes a month ? @ $800-900 a tonne.

Blimey - Not sure of the margins here but if they're anything like Hernic platinum (more or less 50%) that's $400 to $450 per tonne. Can that be anywhere near right or are the margins slimmer because if the margins are that good (and this is where the real money is made) we're talking about $10,000,000 - $11,250,000 per month ! - Not sure what the percentage to JLP is but that's a lot of dosh!! - Maybe someone can put me right on the costs to produce per tonne because that sounds too much (not that i'd complain) to me

perhaps Mr. Bird would consider now a good time for some share "Buyback" ?
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We re a very long way off that Boards. Money accumulating in the bank and nothing to buy by way of expansion would be the trigger for that

But the main piece of info lacking is where is the copper coming from? Could this be related to our first copper/cobalt project?

Yes MH. A tantalizing tit-bit for the future which should keep interest in this. Hard not to get really positive here with so much going on and they really do appear to be getting a shift on with Kabwe which is another of my fears seemingly addressed

Perferct (or as near as)

Jubilee is pleased to announce that the ZCCPC has granted final authorisation for the Acquisition with both Jubilee and Glencore acknowledging that all CPs to the Acquisition have been satisfied. The final administrative process for the Sable Zinc Kabwe refinery handover and share transfer has commenced with the parties agreeing to target completion by the end of July 2019.

I think final authorisation from the Zambian Government may be more significant than any figures being banded about on our sp. We know they've go the tech so good to get this out the way.

Good luck all. We're in for a decent SP hike today :)

Hi Bluebelly - We can only estimate and even then charts are only right more often than wrong. We know this is going the right way though so we can only estimate how it's going to go up and down in between :)

Hi Bluebelly

I'm no great shakes but a rough glance and we're more or less skirting around the bottom line so yes I'd say anything around here would be a good place to top up. Should be a bounce coming soon. Good luck

Certainly looks that way Weeble. It's a very recent article so not unthinkable to assume that JLP need a bit of time to get things going before they come to the market with any meaningful figures (even if they are lower levels on the way to ramping up)

Although CB does have a personal shareholding in BMR, a holding through Tiger, and has a seat on their board. Didn't really help them to get a good deal from us.
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Quite right MH - JLP is Colin Bird's vehicle to get that mid-cap status company he badly craves for so will always be his numero uno. Can't see any intra-relationship jeopardising that. Sp firming up over the last few days. I'm hopeful of a move over the next week or so. It's looking ripe :)

Yeah, I wouldn't think anyone would be being unfair saying that GLR are going nowhere without JLP who are firmly in the driving seat. One has an income and diversity. The other has a pile of ore and a couple of quid in the bank.

The one positive for GLR are that they have Colin Bird sitting on the board otherwise they'd be in for the 'BMR treatment' in my opinion - After all, it's business. Pecking order and all that and above all - Cash is King

HaHa - Last of the big spenders. In days gone by there would always be someone to tell us it's MMs signalling each other (not sure why they wouldn't call) - Utter rubbish of course but by sheer coincidence big RNS's used to have a habit of appearing at these times or weird single figure trades.

Here's hoping for a get rich coincidence....Still on course for some major action end of June (cue for flatline :) )

Once this is fully proven - The IP alone will be worth a fortune. That's when this is going to outperform any usual valuations (PE etc). So if all goes to plan a couple of big years and then once we Jubilee can no longer be ignored a buy out. It all sounds so obvious that it should already be motoring but a large dose of historical caution still held by the market.....only time and performance can put this to bed. For now however, i'm content to hold as everything looks super rosy :)

But only 77m in total

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Totally agree Moneyhawk. After the BMR sell off etc 77million is relatively insignificant. may we arrive at conversion swiftly :)

A higher high over the next couple of days would be handy. Still can't quite believe they dropped it under 3p with all the freely available info out there. Funny old market :)

Very weak. If we're unlucky (or lucky for some) the bottom line on retreat should be 2.7 - 2.75. Trade of the year if they dared to drop it that far

Sp did firm up a little after the dip on opening. The rabbit s poking his ears out the hat. Gotta move his fat arris out too before we get out the gutter :) Night all

Just about everything under Pressure Mike - We can thank that mofo trump and his flaming trade war with China for 'weakness'

It's macro, no micro issues that's dragging this down to support levels

3.10 to buy. There it is