Jubilee Metals Share Discussion Threads

[luckykids] 19/4/2024 11:16

Couldnt help myself bought another chunk just now at 6.8p I think the price is following platinum price whilst copper going gangbusters

[stockhunters] 19/4/2024 10:13

copper about to hit yearly highs again

really does make JLP a prime company to go ballistic over next few weeks once component gets finally delivered

from lse "I make it about 375 million dollars (gross) before cost of production etc. (on 25k tons)"


gl

[sb] 19/4/2024 09:50

WYK: "Are IRH holding out a huge incentive to JLP who are very keen to get a deal completed with IRH?" The deal is DONE. From the WHI update yesterday: "That said, in the quarter Jubilee inked the contract with IRH (Abu Dhabi based) to develop the ‘waste rock’ project. This ground-breaking project should see the JV (30% Jubilee) process 2.4Mt/yr to produce ~20kt of copper within 2 years from four modules processing a part of the 260Mt of copper-bearing material at surface identified. A
resource drilling program will define fully the parameters of the plants and their optimal location." Do you really think the Chairman, CFO and CEO would have gone ahead and unvested so much time, resource and capital if it wasn't always a formality?

[pshevlin] 19/4/2024 09:32

Thanks froggers. I think Leon might have got that message as well with the speed they are collecting the minnows.

[frogkid] 19/4/2024 09:14

Good shout that Shevvers

[pshevlin] 19/4/2024 09:01

I think JLP should be concentrating on getting their own deals done with small miners to show their independence from IRH.

[wet your knot] 19/4/2024 08:30

Looks like IRH could do with employing someone in PR!

hxxps://irh.ae/news-announcements/

[wet your knot] 19/4/2024 08:28

For JLP it would be interesting to know how the relationship with IRH is positioned. Are IRH holding out a huge incentive to JLP who are very keen to get a deal completed with IRH? Or are IRH looking like they are desperate to get into as many deals as possible and have cash on the hip?

[philby1] 19/4/2024 08:16

IRH are getting very busy in Zambia!

UAE giant eyes majority stake in Vedanta's Zambian mines in expansion drive

[stockhunters] 19/4/2024 07:53

copper spiked but pulled back a bit overnight

[wet your knot] 19/4/2024 07:27

Anyhow, a bit of a pull back and RIO divi sitting the account today ;)

[wet your knot] 19/4/2024 07:27

I was looking at a piece of kit at work this week and the transponder on it said "Made in South Africa". I said to my colleague that it made a nice change to "Made in China". I wonder if some of these frustrations around ordering parts might (should?) lead to better decision making in the future?

[kennyp52] 18/4/2024 22:25

come on guys .. we need one or two frogkids to keep the board honest … if it was all sweetness and light then the share price wouldn’t be down 2/3rds and anyone happy to be stuck at this level cannot truly be happy . I want 20p and higher .. end of . This was supposed to be on the horizon a couple of years ago , in fact we hit it for a time , but lately we seem to be stumbling our way forward . I believe in Leon .. always have .. and he’s made me a few quid but I need , no that’s wrong , I want him to make me a lot more .. $1bn MCAP please within 2 years. His issue is optimism .. it leads to over promising and then disappointment when not delivering fully and timely. I said it some time ago .. he’s been a bit like a kid in a sweet shop with all these different opportunities and projects landing on his desk . We need a boring 6 months of pure project completion and the copper production flowing (as guided / promised). Good luck all .. genuinely believe this is going to breakout on big news soon .

[21ant] 18/4/2024 18:16

Just to be clear he is frustrated about yet another delay and questions Leon’s position but reiterates he is holding his shares and believes the share price will be in the mid to high teens in 12 months with the company making £60 - £100m profit in a few years.
I for one share his frustration but I wouldn’t want to see Leon go. Just need to improve comms even more.

[frogkid] 18/4/2024 17:56

Hi xow. I don't put much credence in what Winnifroth spouts, but thanks anyway.

[the_isolator] 18/4/2024 15:44

Well someone has offloaded, probably the t20 but we will soon start our climb again

[stockhunters] 18/4/2024 15:32

well imagine selling because a small part is delayed in transit lol copper highest in years

[cityrabbit] 18/4/2024 15:20

Agree and added this morning too :)

[frogkid] 18/4/2024 15:06

Good for you, let me know when you catch up

[philby1] 18/4/2024 15:04

I think most posters will just see this as a short term blip in the greater scheme of things. Looking further ahead the prospects here look tremendous. I also added earlier this morning too.

[sb] 18/4/2024 14:59

You keep posting about how disappointing it all is Frog..... I'm only responding. Many, Ade, Stockhunters, me included, have seen it as an opportunity to add.

[frogkid] 18/4/2024 14:53

Constant sniping sb, that's you

[frogkid] 18/4/2024 14:53

Give it a rest sb will ya