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JLP mine worth 5bn - takeover or JV ??

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JLP mine worth 5bn - takeover or JV ??

Post Mon Oct 12, 2015 10:10 am

Tjate, one of the largest platinum/paladium mine in the world, about to be given mining licence to JLP, worth around $5bn

****************
from lse:

many major producers are watching JLP like hawk, and as soon as licence is granted, we should see several offers?? AQP which has much higher operating cost already been snapped. JLP next??

while platinum price is at the bottom (but is now slowly recovering), palladium price has been increasing rapidly (palladium price was around $800 in 2011 and dropped below $600 recently and now around $700 and continue moving up).

as a reminder, JLP has huge platinum and palladium reserves.

JLP website: Tjate mine consists of two parts
: Merensky= 8m oz (54% Pt, 29% Pd)
: UGS = 14m oz (37% Pt, 36%Pd)

so, the deeper section (UGS) has 36% Palladium ie 14mx0.36= 5m oz and even the shallower section Merensky has 29% palladium.

so, our palladium amount is huge and will benefit for any rise in palladium price (which even more so now that many are preferring gasoline engine compared to diesel engine. (note: palladium is used in gasoline engine and platinum in diesel engine)

nevertheless, diesel engine will still be in demand (despite slight setback) .

and as a reminder,
the NPV of 1.7bn calculated in the website is only for Merensky (and not including UGS).
so, thats mean, if NPV 1.7bn for 8m in Merensky, then for UGS would be 1.7/8*14 = 2.98bn

so, total Merensky+UGS = 1.7+2.98 = 4.7bn

ie, Tjare project = NPV $4.7bn !

note (at the time of writing)
price platinum per oz = $912
price palladium per oz = $711

once licence is granted, hopefully many major platinum will be keen to tap on huge Tjare resources.
londonz
 
Posts: 662
Joined: Mar 2012

Re: JLP mine worth 5bn - takeover or JV ??

Post Fri Dec 09, 2016 5:56 pm

londonz wrote:
> Tjate, one of the largest platinum/paladium mine in the world, about to be
> given mining licence to JLP, worth around $5bn
>
> ****************
> from lse:
>
> many major producers are watching JLP like hawk, and as soon as licence is
> granted, we should see several offers?? AQP which has much higher operating
> cost already been snapped. JLP next??
>
> while platinum price is at the bottom (but is now slowly recovering),
> palladium price has been increasing rapidly (palladium price was around
> $800 in 2011 and dropped below $600 recently and now around $700 and
> continue moving up).
>
> as a reminder, JLP has huge platinum and palladium reserves.
>
> JLP website: Tjate mine consists of two parts
> : Merensky= 8m oz (54% Pt, 29% Pd)
> : UGS = 14m oz (37% Pt, 36%Pd)
>
> so, the deeper section (UGS) has 36% Palladium ie 14mx0.36= 5m oz and even
> the shallower section Merensky has 29% palladium.
>
> so, our palladium amount is huge and will benefit for any rise in palladium
> price (which even more so now that many are preferring gasoline engine
> compared to diesel engine. (note: palladium is used in gasoline engine and
> platinum in diesel engine)
>
> nevertheless, diesel engine will still be in demand (despite slight
> setback) .
>
> and as a reminder,
> the NPV of 1.7bn calculated in the website is only for Merensky (and not
> including UGS).
> so, thats mean, if NPV 1.7bn for 8m in Merensky, then for UGS would be
> 1.7/8*14 = 2.98bn
>
> so, total Merensky+UGS = 1.7+2.98 = 4.7bn
>
> ie, Tjare project = NPV $4.7bn !
>
> note (at the time of writing)
> price platinum per oz = $912
> price palladium per oz = $711
>
> once licence is granted, hopefully many major platinum will be keen to tap
> on huge Tjare resources.


Thanks for sharing.
AbigailTaylor
 
Posts: 2
Joined: Dec 2016

Re: JLP mine worth 5bn - takeover or JV ??

Post Mon Dec 12, 2016 10:41 am

AbigailTaylor wrote:
> londonz wrote:
> > Tjate, one of the largest platinum/paladium mine in the world, about to be
> > given mining licence to JLP, worth around $5bn
> >
> > ****************
> > from lse:
> >
> > many major producers are watching JLP like hawk, and as soon as licence is
> > granted, we should see several offers?? AQP which has much higher operating
> > cost already been snapped. JLP next??
> >
> > while platinum price is at the bottom (but is now slowly recovering),
> > palladium price has been increasing rapidly (palladium price was around
> > $800 in 2011 and dropped below $600 recently and now around $700 and
> > continue moving up).
> >
> > as a reminder, JLP has huge platinum and palladium reserves.
> >
> > JLP website http://777extraslot.com/winner-casino-2/: Tjate mine consists of two parts
> > : Merensky= 8m oz (54% Pt, 29% Pd)
> > : UGS = 14m oz (37% Pt, 36%Pd)
> >
> > so, the deeper section (UGS) has 36% Palladium ie 14mx0.36= 5m oz and even
> > the shallower section Merensky has 29% palladium.
> >
> > so, our palladium amount is huge and will benefit for any rise in palladium
> > price (which even more so now that many are preferring gasoline engine
> > compared to diesel engine. (note: palladium is used in gasoline engine and
> > platinum in diesel engine)
> >
> > nevertheless, diesel engine will still be in demand (despite slight
> > setback) .
> >
> > and as a reminder,
> > the NPV of 1.7bn calculated in the website is only for Merensky (and not
> > including UGS).
> > so, thats mean, if NPV 1.7bn for 8m in Merensky, then for UGS would be
> > 1.7/8*14 = 2.98bn
> >
> > so, total Merensky+UGS = 1.7+2.98 = 4.7bn
> >
> > ie, Tjare project = NPV $4.7bn !
> >
> > note (at the time of writing)
> > price platinum per oz = $912
> > price palladium per oz = $711
> >
> > once licence is granted, hopefully many major platinum will be keen to tap
> > on huge Tjare resources.
>
>
> Thanks for sharing.
AbigailTaylor
 
Posts: 2
Joined: Dec 2016

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