Still bullish Jubilee Metals? Seems to be a lot of inconsistencies by management and under delivery relative to their promises:
1. Roan was moved to high grade feed and yet it can only produce ~ 4000 tonnes per year. In FY24 it produced 3400 tons while experiencing power disruptions, construction disruptions and processing tailings. What's really happening?
2. In 1Q25 management commented that Roan can do 13000 tons per year of copper units if fed with 1.5% grade feed. Adjusting for recoveries which might be different, expected performance is not on par and has not improved even with the addition of the front end.
Still bullish Jubilee Metals? Seems to be a lot of inconsistencies by management and under delivery relative to their promises:
1. Roan was moved to high grade feed and yet it can only produce ~ 4000 tonnes per year. In FY24 it produced 3400 tons while experiencing power disruptions, construction disruptions and processing tailings. What's really happening?
2. In 1Q25 management commented that Roan can do 13000 tons per year of copper units if fed with 1.5% grade feed. Adjusting for recoveries which might be different, expected performance is not on par and has not improved even with the addition of the front end.