Jubilee Metals Share Discussion Threads

[kryptonsnake] 17/9/2020 08:34

Homey

Are you saying Jubilee holders are in for a big shock when november results are out?


LOLsss

[plat hunter] 17/9/2020 08:34

Let's review those gaps

[bullster] 17/9/2020 08:34

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If you are aware of market makers dropping the price to take out stop loss markers that have been set, now could be a good time to watch.

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[plat hunter] 17/9/2020 08:31

Note SLP.... ;-P

[bullster] 17/9/2020 08:26

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Even before Inyoni is expanded, Jubilee has taken control of, continuity of tailings supply, to our facility. Pre Jubilee gaining full rights to chrome and pgm's in Q1, Jubilee was reliant on our host to, and with some issues, supply our tailings. Now that we are in control, the facility is able to outperform it's previous targets.

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[1madmarky] 17/9/2020 08:26

As fast as it can generate free cash

[marmar80] 17/9/2020 08:25

Profit taking day?

[pshevlin] 17/9/2020 08:16

How fast can this company grow if they really get their skates on?

[bullster] 17/9/2020 08:05

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We are increasing production of pgm concentrate at Inyoni.

This bodes well for profitability because costs at Inyoni on a stand alone basis were recorded at sub $400 per ounce at one point.

Windsor pgm concentrate carries a transport and profit share penalty.

The higher cost to produce costs at Windsor took our average higher, the more we produce at Inyoni will give a better ratio for profitability.

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[plat hunter] 17/9/2020 07:51

I think homie is confusing net income and Revenue

[freedom97] 17/9/2020 07:49

Here's the link to Zak Mirs chart Losta mentioned:



05:45min in.

Zak says 7.5p by end of next month! Then could well see 11p+ by end of year unless some stonking news hits and share price rallies there within a few weeks, or week!! ;-))

[plat hunter] 17/9/2020 07:44

So lets assume 50k ounces then (conservatively) for Homies benefit at a net basket of 1200 usd which again is conservative, given the basket price has been increasing.Gives us a total for pgm earnings, wait for it gfa.... 60 million lol

[verulamium] 17/9/2020 00:03

We're only 2 months on from this Kenny, if much changes they'll let us know:



Obviously this assume a much lower PGM basket price than they're currently getting, but so much the better.

[gsg] 16/9/2020 21:04

Positive sentiment supports UG2 chrome ore market

The market for UG2 chrome ore ticked up in the week to September 15 on strengthening sentiment amid low liquidity, while both the domestic and imported ferro-chrome markets remained stable, sources said.

Fastmarkets’ chrome ore South Africa UG2 concentrates index basis 42%, cif China edged up by $1 per tonne to $138 per tonne week on week on Tuesday September 15.
“There has been a little flurry of activity in recent weeks and a gradual uptick in demand,” a trader said.
Sentiment increased in response to market reports of extremely low exports of chrome ore and ferro-chrome from South Africa in July and the strong alloy consumption in the steel sector, one producer said.
China imported 1.14 million tonnes of chrome ore in July, up by 44% from 790,097 tonnes in June, but also down by 16% from the 1.4 million tonnes imported in July 2019, China’s customs data shows.
“We think the market should be $145-170 per tonne on average this year so we’ll wait until we’re in that range [before...

[homeytheclown] 16/9/2020 20:18

Plat Hunter. I am using an estimated cost of USD$530 but I would think a range between $490 - $560 would be reasonable. I based my estimates on the past results and after Eland was at full production. I am using a USD$1,375/oz revenue estimate. Reasonable figures with a sprinkle of conservatism.

[plat hunter] 16/9/2020 19:30

I also think GFA was referring to pgm earnings and not total group earnings.

[plat hunter] 16/9/2020 19:28

What's the production cost homey?

[homeytheclown] 16/9/2020 19:27

I am a holder of plenty of shares. What I don't hold is unrealistic expectations of GBP 60 million earnings in calendar year 2020 or FY 2021.

[niloc4] 16/9/2020 18:18

I always thought Plat Hunter was the clown.

[plat hunter] 16/9/2020 17:46

You're not a buyer then, Clown?

[verulamium] 16/9/2020 17:28

At what point would the results from Jan-Jun 2020 and July-Dec 2020 be added together and presented as a complete thing to the markets as you're suggesting in posts 27266 and 7? And, with all due respect, I think WH Ireland probably have a better grasp of prices and costs than you do.

[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.