Jubilee Metals Share Discussion Threads

[bullster] 07/10/2020 10:57

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Notice how group profit will double this financial year, from last year, yet group profit triples. This is because group costs (deduction) rises at a lesser percentage, year on year, than expected growth in group profit.

This year could see £21M projects earnings, £5.5M group costs, £15.5M profit. (results due oct or nov 2020)

Next year could see £60M projects earnings, £5.7M group costs, and £54.3M of profit.

You can see how the profits are going to jump, over a short period of time.

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[plat hunter] 07/10/2020 10:56

I'd wait to see if 5.10 on the ask fails, you'll pick them up for 4.7 if it does.Will be vix related if it happens imo, nothing that JLP could or have done.

[1madmarky] 07/10/2020 10:23

Tintin... you might just get what you want...

[bullster] 07/10/2020 09:48

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News of the zinc circuit at Kabwe shouldn't be far away.

This will herald the commencement of zinc, vanadium and lead upgrading.

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[bullster] 07/10/2020 09:32

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Has Donald J. Trump proved to the world that the therapeutics denied to them by the so called experts, would have saved many many lives from covid-19.

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[clarky111] 07/10/2020 09:22

Suppose to read...we will become a communist state

[clarky111] 07/10/2020 09:19

There's going to be a race to take control of commodities and minerals over the next decade. Between America and China. The last 20 years of America presidents have neglected the American people and moved to China. Trump is now in a catch up phase because of this. The more powerful China become the closer she will get to a communist state We need America to be strong so we can remain free but only under a Trump like presidency. The Democrats are in bed with China as too was the bushes.This is why I see JLP being worth a minimum of 10x it's valuation of today in the future

[bullster] 07/10/2020 09:15

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2.4 million tonnes per annum for 80 years.

Beats 60k ounces for 5 years.

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[9tintin] 07/10/2020 09:15

You can never be sure with Jubilee's earnings until the numbers drop, but I'm guessing Bullster's guestimate must be close.

I would be far more comfortable going forward if PL could pick it's feet up as it contributes 60& of the basket (according to WHI)

Irrespective of the results and I expect them to be 'good' the sub plot here is the china connection,,,,,,,,,,,,,,,,,,,,,,,

Don't mention Tjate - LOL

Still waiting for 5.3 on the offer !!

tintin

[bullster] 07/10/2020 09:03

PLATINUM
49%
@
$866.00
$424.34


PALLADIUM
40%
@
$2,258.00
$903.20


RHODIUM
9%
@
$11,400.00
$1,026.00


GOLD
2%
@
$1,891.70
$37.83





B.B.I. =
$2,391.37

[freedom97] 07/10/2020 09:00

Tjate!

"Mining target of 2 400 000 tonnes per annum"

[bullster] 07/10/2020 08:55

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The Chinese won't buy JLP for tailings reprocessing.

The Chinese want volume, only mining can give that.

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[lostabillion] 07/10/2020 08:44

Be mindful that the USA won’t want that to happen = Bidding war!

[lostabillion] 07/10/2020 08:31

Deme1, the Chinese are going to strike with an offer for Jubilee very soon imo. I don’t want that at this stage but watch this space. You’ll have no time to buy back in at anywhere near this share price

They need control of their PGM & Copper supplies.

“Sitting duck”!

[freedom97] 07/10/2020 08:28

Here's a reminder of how undervalued Jubilee is:



"We initiate with a fair value of 11.2p/sh based on a forward looking cash flow analysis suitably risked for stage."

It seems WHI are very confident that 11.2p is fair value as of July 2020 because they repeated it at least 5 times in their report.

Also, remember that fair value of 11.2p was given in July, before the recent news, so should be higher now.

Also,
"for Jubilee on a two year horizon, purely on that basis, we would see a fair value of roughly 15-20p/sh"

[freedom97] 07/10/2020 08:24

Charts still intact for 7.5p+.

[deme1] 07/10/2020 07:55

Freedom that was from the 15th Sept.
We have since gone below 5.5p

Leon should have updated the market by now on the F/C installation and defo updated the market on the DCM platinum (£20m in the bank!)

[clarky111] 07/10/2020 07:50

Freedom. I would agree with the 7p target if we was in a settled environment. Unfortunetly we are in very uncertain times and many will cash in until things have settled. I'm looking to get back in JLP as soon as possible

[freedom97] 07/10/2020 07:41

The well known chartist Zak Mir, says 7.5p by end of Oct! Then could well see 11p+ by end of year unless some stonking news hits and share price rallies there within a few weeks.



05:45min in.

[clarky111] 07/10/2020 07:33

Charts suggest 4.3p a possible entry point

[niloc4] 07/10/2020 07:23

Colin Bird won't make a good wife in a Zambian Jail.

[niloc4] 07/10/2020 07:21

Why are people getting fired up because of kryptonsnskes news of Colin Bird in Zambia? Shareholders should be more concerned about Colin Birds involvement. Jubilee management need to kick that fat git out. Colin Bird is a disgrace. Still waiting for the money to be banked at DCM as Colin Burd said MANY MANY YEARS AGO

[lostabillion] 06/10/2020 15:42

Courtesy of Jammer1 over on the lse board ......


Buoyant PGM basket price and PGM EarningsToday 12:46
Particularly on the back of a very strong rhodium price and high palladium price, I reckon Jubilee's PGM basket price at end of September was an astonishing $500 per PGM 6E oz higher than at the end of June. At this price and assuming 5000 oz per month production, my calculation of monthly earnings from the PGMs alone is around £4.5m per month. Now for the huge assumption. IF the PGM basket price is sustained to end of calendar year, and 5000 PGM ozs are produced each month Jubilee could be reporting in excess of £25m earnings from PGMs alone for the H2 2020 calendar year.


That’s H2 2020 alone !!!!!! :—-)

Then we’ve got Copper coming on stream in a couple of months too, which in time will dwarf the PGM revenue.

Jubilee is ridiculously undervalued.

[moneyman50] 06/10/2020 15:18

Kyrptonsnake-if there is nothing to see here why are you so addicted to deramping the share at every opportunity-you appear to be like a drug addict needing your daily de-ramping fix,
If you care to do your research the Kabwe mining licence was renewed on the 20th Sept.
Colin Bird is the non executive chairman of JLP and only holds .55% of the share capital.
Regarding the licence Mr Bird has been accused of stealing there are of course two sides to every story.Perhaps the previous holders did not comply with it’s terms such as BMR.
In the minds of some BMR shareholders JLP stole the Kabwe licence even though it has been granted by the Zambian Government