Jubilee Metals Share Discussion Threads

[homeytheclown] 16/9/2020 17:21

Yep, I know the difference between calendar years and financial years. In the absence of mentioning "FY" the assumption is calendar year. Feel free to refer the latest 6-month update

"Six Month Operations Update
H1 2020
Jubilee, the AIM and Altx traded metals processing company, is pleased to announce its unaudited operational results for the six month period ended 30 June 2020 ("H1 2020")."

@Plat Hunter
If you think I am wrong with my estimate, refer back to previous operational results and tell us what the USD/oz earnings was.

[goingforarun] 16/9/2020 17:17

Homey, I’ve always understood share prices to be forward looking not backward?

[plat hunter] 16/9/2020 17:10

"What you on about everyone knows the first day of the year is the 1st of Jan"

Nobody bother correcting him please. I want to see what he comes out with next, with the 850 usd and not knowing what part of the year it is; and all in just 4 minutes.

[mrsingh1] 16/9/2020 17:03

Kennyp52 it is indeed! If i really did listen to Krypton, i would have lost my a$$ on WRES!!

[kennyp52] 16/9/2020 16:51

Is that a bit of satire Mrsingh1 ? He's been calling this lower for 6 months when all it has done is rise.

[verulamium] 16/9/2020 16:42

Homey - you do realise that FY 2020 finished at the end of June? We're now in H1 2021.

[homeytheclown] 16/9/2020 16:42

Goingforarun...Jubilee made ~GBP 12 million in H1-2020 from PGMs. I will give you the benefit of the doubt that you are not stupid enough to think that Jubilee will make ~GBP 48 million in H2-2020 from PGMs?

[homeytheclown] 16/9/2020 16:29

Goingforarun...I suggest you for go for a read and learn that the estimated production figure for 2020 is well under 60K oz. Did you forget 2 month's lost product from Covid? Leon already stated a revised figure which I considered overly optimistic as it estimates monthly production at over 5K oz for H2-2020.

[homeytheclown] 16/9/2020 16:25

Bullster, your numbers are way off. I suggest you focus on average prices, consider USDZAR exchange rate and might realize that H2-2020 PGM prices are currently approximately 7-8% higher than H1-2020. Once you do this you may get closer to a more accurate figure of USD $850 estimated earnings per ounce.

[mrsingh1] 16/9/2020 16:11

Full year audited results in November. 6 monthly update in Jan?

[lostabillion] 16/9/2020 15:50

When’s the next update?
Should see some phenomenal figures.

[lostabillion] 16/9/2020 15:48

Taken my eyes off Rhodium the last week or two, what a pleasant surprise.

[verulamium] 16/9/2020 15:36

Forward PE is more interesting...under 3 if PGM prices don't tank

[lostabillion] 16/9/2020 15:34

6.10 - 6.30 finish

[plat hunter] 16/9/2020 15:02

Pe ratio at 8.5Expecting a correction now, if the past is any guide

[marmar80] 16/9/2020 14:02

"Palladium, Platinum Longs Make A Killing In Relative Silence "http://www.investing.com/analysis/palladium-platinum-longs-make-a-killing-in-relative-silence-200537719

[freedom97] 16/9/2020 13:57

Yes, nice £61,750 investment. Maybe one of many to come.

[adejuk] 16/9/2020 13:55

1 mill
cool

[marmar80] 16/9/2020 13:42

Yes, in 2009 peak @ 61p and recently in Jan 2017 @ 7.43p. In 2020 not yet.

[marmar80] 16/9/2020 13:38

Getting more interesting to watch it. Some large delayed sells appearing now. They could have been holding the share price low. Let's see if ordinary buys will show up next. Good times for this little gem.

[9tintin] 16/9/2020 13:36

6p

Have we peaked?

tintin

[lostabillion] 16/9/2020 13:16

It’s why I keep banging on about why we’re heading for 40p+!

[goingforarun] 16/9/2020 12:58

On expected PGMs of 60k this year that’s £60m excluding Copper?

[bullster] 16/9/2020 12:44

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At todays basket price, our pgm earnings per ounce are around the $1,350 mark.

I can hear the Jubilee cash register ringing from here.

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