Jubilee Metals Share Discussion Threads

[timhigginson] 06/8/2020 11:57

Avatar,

Yes it was at the time of the ML

[juju44] 06/8/2020 11:52

WTF is it going to take

[sharenotes] 06/8/2020 11:47

The path of least resistance is something that we all are familiar with, no doubt. The fact that Leon has chosen a funding path without dilution is a significant milestone in BoD thinking. This may take some time to be fully appreciated but, nonetheless, is a definite positive for the share price

[avatar333] 06/8/2020 11:46

25677

Was that prior to 'THE ML', timhigginson?

[timhigginson] 06/8/2020 11:35

Freedom,
Ican remember Zak Mir some years ago saying that JLP had done the heavy lifting. The share price at the time was 7p.

[1madmarky] 06/8/2020 11:20

That's the way I see it too. Multiple JV type arrangements producing concentrate, with the most lucrative being refined.

[bullster] 06/8/2020 11:13

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We can get more copper concentrate feed than we need.

We can use it or sell it.

This depends on the bottleneck at Sable Refinery.

How big shall we expand it.

14-20-30-50k/t/y of cathode

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[plat hunter] 06/8/2020 11:00

Even less... 2 over 2million is 40k... 80% of that is 32kOn a 40% margin and 50/50 JV share, it's approx 32 million in total expected project earnings.15 million will be used for the processor then there's the cost of switching elephant on.All in all, no immediate addition to the bottom line but a sign that copper is and will be fully funded without dilution.

[bullster] 06/8/2020 10:59

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"Steady Eddie", i like that one, PH. !

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[pshevlin] 06/8/2020 10:58

It's just a step along the way to Elephant opening up fully so I don't see how you can denigrate it Leopold. It will add a lot of value to a well undervalued share price

[freedom97] 06/8/2020 10:57

I think Zak needs to replace his microphone, because in all the recent interviews he's given you can barely hear him. Leon was loud and clear today compared with Zak.

[avatar333] 06/8/2020 10:56

25667

I didn't, Bullster.

Very interesting.

[plat hunter] 06/8/2020 10:54

"The herd..." this company doesn't behave like other AIM companies though and in terms of PI contributors it's probably one of the most informed environments... Any ramping or deramping quickly gets annihilated with facts.Steady eddies win the race.

[leopoldalcox] 06/8/2020 10:51

New JV provides 50,000 tonnes contained copper. If we estimate 80% recovery, that's 40,000 tonnes. Plat, you are right, hardly major

[bullster] 06/8/2020 10:48

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AVATAR333,

Did you know that frogkid used to be a diver ?

Navy trained, i think.

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[freedom97] 06/8/2020 10:44

Zak Mir interviews Leon 7:31min interview:

[avatar333] 06/8/2020 10:32

Good morning, frogkid.

[frogkid] 06/8/2020 10:29

Morning Avi

[avatar333] 06/8/2020 10:28

Good morning, Bullster.

LOFL

[gsg] 06/8/2020 10:24

Lets face it, today's volume is just above average, so it's just the normal churn.

The herd have not appeared over the horizon as yet. Maybe they never will.

[adejuk] 06/8/2020 10:22

too many day traders in this.

[bullster] 06/8/2020 10:20

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Good morning , AVATAR333

Hope there's no holes in your ground sheet.

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[freedom97] 06/8/2020 10:15

"plus sell on the news brigade" LOL! there is only total of 712k sells vs nearly 3m buys.

Many buyers wait until after 11am for profit takers & day traders to get out before buying. So far it's looking good.