Jubilee Metals Share Discussion Threads

[mikebolle] 09/10/2020 12:03

freedom, i think you are unfortunately correct in your thinking...too many pi's are using jlp for a smallish but quick profit, instead of waiting for the big one.

[1madmarky] 09/10/2020 11:44

Palladium is now getting close to 3 times the price of platinum... nuts

[freedom97] 09/10/2020 11:34

If everyone did that Plat, the share price would never rise. Oh, maybe that's why the share price is still under 6p! and not where it should be 11p+.

[plat hunter] 09/10/2020 11:16

It makes a hige difference if you plan on selling the extra shares for 5.50

[freedom97] 09/10/2020 11:11

What's wrong with buying at 5.23 or even 5.5p if you believe the share price is going to over double from here. If the Ask was 6.3 now, pi's would be saying, if the ask hits 6p... Many pi's have posted same in past, if it hits 4p, 3p 2p... Well the ask is 5.3p now, and might be higher later today.

[frogkid] 09/10/2020 10:19

I might free up a bit of cash with a view to grab another 500k if the ask hits 5p.

[kennyp52] 09/10/2020 08:58

We do need news that is a fact or we just drift . I got a good idea of the figures that are coming and if Bullster is anywhere near the mark the profitability could be extraordinary.

[freedom97] 09/10/2020 08:55

I have a feeling that if all goes well, for those invested, we will all have the best Christmas ever and next year will see a steady rise as Jubilee grows financially stronger month by month. ;-)

[deme1] 09/10/2020 08:54

Frog,

You know Losta by now! He will say anything to get people to buy :)

[frogkid] 09/10/2020 08:04

What sort of other news Losta ?

[niloc4] 09/10/2020 07:58

Colins name in the Zambian Prisons will be changed to Ben Doon.

[aceshi] 09/10/2020 07:29

5p by Friday. The JLP Downward Dog is well and truly in full swing. Sub 4p and I may even have another dip LOL

[lostabillion] 09/10/2020 06:29

marmar80, We should be north of 10p now. When the market sees confirmation of the magnitude of revenue confirmed then the share price will fly.

Not long to wait until mid Nov.

I’m of the opinion that “other news” will arrive between now and then.

[marmar80] 08/10/2020 23:48

Hope it really is 10p by Christmas:)

[kennyp52] 08/10/2020 23:29

If DCM plant has a future use then there is no accounting convention to write down the value . Will it be used in the future ? If so it retains value .

[mrsingh1] 08/10/2020 22:39

Is that projected FY21 earnings?

[goingforarun] 08/10/2020 19:39

Bullster, impressive numbers. Just need an update to confirm these are nailed on!

[bullster] 08/10/2020 19:32

🐮
ANNUAL TARGET
UNIT PRICE
UNIT COST TO PRODUCE
UNIT EARNINGS
ANNUAL EARNINGS


.







PGM
60,000 oz
BBI $2,200
$1,080
$1,120
$67,200,000


CHROME
480,000 t
$140
$133.5
$6.5
$3,120,000


COPPER
25,000 t
$6,720
$4,480
$2,240
$56,000,000


COBALT
2,895 t
$33,790
$20,274
$13,516
$39,128,820


ZINC
8,000 t
$2,357
$1,414
$943
$7,544,000


V2O5
1,500 t
$33,600
$20,160
$13,440
$20,160,000


LEAD
11,000 t
$1,777
$1,066
$711
$7,821,000


.







.
-
-
-
TOTAL
$200,973,820

[fozdad] 08/10/2020 17:08

My only concern about the results is that there could be a big write down of the value of the DCM plant as it isn't being used, but ongoing operations should be better than ever and improving. Hopefully get some narrative about current ops / trading, Fine Chrome update, update on the DCM PGM material and news of when Project Roan will be commissioned.....each of which should give us a boost.

[lostabillion] 08/10/2020 16:33

Indeed they will be game changing.

Whether you buy at 5.2p or 6p matters not.

[adejuk] 08/10/2020 16:21

keep the faith on facts
results will be game changing
10p by xmas

[goingforarun] 08/10/2020 16:05

Not according to my bank account!

[kennyp52] 08/10/2020 15:40

125,000 at 5.19999 ... sub 5.2p by a whisker ... first top up since selling 1/2m and back to 375k and feeling less exposed with 1/2 cash in my pot . Good luck all ... I hope this is not sliding on no news again !

[plat hunter] 08/10/2020 15:28

You sold 500k then lol :-P