hi shey. if it's going happen it has already begun and when it does you may not be able to sell. |
Is that you froggers exiting stage left? |
Specifically why too late Ade? Only Slater has bought in at that sort of level and that cost him a lot more than he has now. Is there something you know that I don't? |
shev, too late |
That is something we do need to be on our guard for. Anything like those shennanigens and I'm off straight away. |
Yes, Shania also |
What has happened at HUM should be a lesson to us all. If someone powerful wants something they usually get it. Fascinating story of manipulation, well worth reading about. |
Cannacord down another 5.8m |
Good to see Copper and other metals rising today, perhaps as a result Trump. |
MinerDeck @MinerDeck
Metals: weekly price & performance |
Not sure, but hope he is right about seller being out. |
From Charles AJubilee Metals shares have risen by 15% ytd - the sellers appear to be out (yes, I know, a fairy dies every time someone says this), but more importantly, the rains have come for Zambia and power is now less of a concern than it was a month ago.Accordingly Jubilee has sorted out the power issues at Roan and now it can generate and sell the copper needed to send the share price back to a fairer valuation.Happy days. |
 Might be due to America production of palladium is at a low and are an importer.tafiffs!!from Canada and SouthAfrica
American Palladium Resources
In the United States, palladium isn’t as abundant as in Canada, but it still plays a significant role in the nation’s economy. The Stillwater Complex in Montana is a well-known source of palladium and platinum group metals. Additionally, recycling and secondary sources contribute to the availability of palladium within the country.
The Market Outlook
The outlook for the palladium market remains bullish, as the demand is expected to grow faster than the supply in the coming years. The main factors that will support the demand are:
The tightening emission standards for gasoline vehicles in major markets such as China, Europe, and India, which will increase the use of palladium in catalytic converters The growing adoption of hybrid electric vehicles (HEVs), which also use palladium in their catalytic converters and batteries The emerging applications of palladium in hydrogen-related technologies, such as fuel cells and electrolyzers On the supply side, the main challenges are:
The geopolitical risks and labor issues in the major producing countries, such as Russia and South Africa, which could disrupt the production and exports of palladium The environmental and social impacts of mining activities, such as water pollution, land degradation, greenhouse gas emissions, human rights violations, and community conflicts The technical difficulties and high costs of developing new palladium projects or expanding existing ones Given these factors, the U.S. faces a strategic challenge to secure its palladium supply for its domestic needs and reduce its dependence on foreign sources |
Platinum palladium posting highest 9 week closes ☑️ώ5;️ |
Indeed thanks for the correction. Good news is the below Palladium broken the daily $1010 Platinum at $980 Futures up another $16 to $1043 Palladium futures up another $42 to $1052 makes nearly 10% in two days. |
Mr Waite,
Copper comes from Zambia but Platinum comes from chrome separation in South Africa. I think you are referring you are referring to being able to switch to cobalt. |
Platinum and palladium up nicely tonight Roll on 10,000+
The good thing is we can switch from copper to platinum. Up5% tonight$48 on the futures |
They weren't building any new modules until the due diligence was proven at Roan as far as I can make out. What would be the point? |
RNS 15/12/23
Use of Proceeds
The Placing is specifically targeting Jubilee's Zambian Copper operations, in order to accelerate the implementation of our newly acquired Copper Waste Rock Project in partnership with International Resources Holdings ("IRH"), as follows:
· Pay the initial payment of US$1.75 million, due under the agreement for the acquisition of the copper waste rock dump announced on 12 December 2023 detailed above and progress resource and process design (a total of c.US$4.5m).
· Expand the sulphide recovery circuits at the Company's Sable Refinery to accommodate increased sulphide concentrate production from newly acquired projects (c.US$5.7m).
· Progress the project development phase of the Mufulira slag project, with early-stage bulk trial and processing (c.US$2.5m).
· For general working capital purposes. |
Thanks sev22. That's encouraging. |
So it's going to be rather awkward if the IRH deal goes head and they ask where the module is. Maybe this is some of the issue ? |