Share Name Share Symbol Market Type Share ISIN Share Description
Jubilee Platinum LSE:JLP London Ordinary Share GB0031852162 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.225p -4.74% 4.525p 4.50p 4.55p 4.575p 4.525p 4.575p 1,631,538 08:14:15
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 1.5 -3.6 -0.4 - 50.61

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Date Time Title Posts
25/5/201709:41JUBILEE PLATINUM8,363
27/4/201714:55JUBILEE PLATINUM - NEW DAWN !42,650
18/4/201714:20The new Jubilee119

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Jubilee Platinum Daily Update: Jubilee Platinum is listed in the Mining sector of the London Stock Exchange with ticker JLP. The last closing price for Jubilee Platinum was 4.58p.
Jubilee Platinum has a 4 week average price of 4.03p and a 12 week average price of 4.03p.
The 1 year high share price is 7.48p while the 1 year low share price is currently 2.68p.
There are currently 1,118,360,942 shares in issue and the average daily traded volume is 11,842,122 shares. The market capitalisation of Jubilee Platinum is £50,605,832.63.
dmitribollokov: Glr came off a base of £3mm mkt cap with £2mm in cash, it's mkt cap is still ~1/4 of this. Very few shares outstanding and potentially massive resource, not apples with apples. That said i agree, jlp share price reaction is frustrating, hard to see what is going to give it the shift it needs. I own 1.5mln of these want to see them move!
noirua: Unfortunately the market still does not trust small miners on costs. As the CEO of Randgold was reported as saying, "Despite small gold producers having a low 'all in sustaining cost' they still cant seem to make a profit. The few that do put money straight back into more exploration and shareholders never see a dividend". Hopefully JLP will be different though debt needs to be paid back and takes longer at low Platinum prices. Another reason for the low JLP share price is that producing Platinum is more difficult than gold. Still, it looks as if some are being given an opportunity to get into Jubilee cheaper than expected at a tad over 5p. Some would have bought at this price when over 6p - strange how difficult it is as 5p approaches.
petebarnes1: Jubilee Platinum Share News (JLP) 9 Share Name Share Symbol Market Type Share ISIN Share Description Jubilee Platinum LSE:JLP London Ordinary Share GB0031852162 ORD 1P Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade +0.775p +14.22% 6.225p 6.20p 6.25p 6.225p 5.75p 5.75p 967,544.00 08:03:33 Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m) Mining 1.5 -3.6 -0.4 - 64.60 Print Alert Jubilee Platinum PLC Jubilee Executes Surface Tailings Transaction 09/03/2017 7:00am UK Regulatory (RNS & others) Jubilee Platinum (LSE:JLP) Intraday Stock Chart Today : Thursday 9 March 2017 Click Here for more Jubilee Platinum Charts. TIDMJLP RNS Number : 9272Y Jubilee Platinum PLC 09 March 2017 Registration number (4459850) AltX share code: JBL AIM share code: JLP ISIN: GB0031852162 9 March 2017 Jubilee Platinum PLC ("Jubilee" or "Company") Jubilee Executes Surface Tailings Transaction in Australia Highlights -- Jubilee has secured a copper surface tailings project with RMA in Australia consistent with its stated surface processing mission -- Project production forecast of 12,000 tones (t) of copper (Cu) at production cost AUD3,381/t Cu (USD2,569/t Cu) - Current Cu price USD6,000/ t Cu -- Near surface resources of 35,000t Cu in combination of JORC compliant category and mineral inventory -- Project Tenements comprise seven copper mining leases and two Exploration licences in South Australia -- Several of the Project Tenements targeted to be production -ready within four months of the Transaction and able to produce cash flow within 6 month of acquisition -- Project Tenements offer significant Cu exploration upside potential Mine-to-Metals specialist Jubilee Platinum plc (AIM: JLP, AltX: JBL) is pleased to announce, that it has executed a binding and exclusive Term Sheet to enter into a transaction ("the Transaction") with Resilience Mining Australia Limited ("RMA") to explore and develop ('the Project") RMA's Leigh Copper Mine ("LCCM") and other copper Mining Tenements ("the Project Tenements), collectively owned or held by Leigh Copper Mine Proprietary Limited (the "Project Company"), subject to conditions precedent including satisfactory due diligence and/or to entering into the transactional agreement ("the Proposed Transaction Agreement" or "the Proposed Commercial Transaction"). Leon Coetzer, Chief Executive of Jubilee, said: "The execution of this Term Sheet demonstrates Jubilee's ability to apply its processing success and expertise in the recovery of platinum and chrome to associated base metals such as copper. The expertise that Jubilee holds in the processing of near surface materials and tailings is easily transferred to minerals that fall within the PGM and Base Metals grouping. Having said this our first international project has been carefully selected based on risk and reward by avoiding undue execution and financing risk. This targeted copper project located in South Australia demonstrates Jubilee's ability and focus to drive its growth not only bound by country or specific metal but also offers an exciting opportunity to build upon in Australia. We have selected the copper arena on the back of the strong underlying fundamentals for copper in the short and mid-term. We are looking forward to executing this project and building on our established Australian presence by seeking further such opportunities. Discussions are progressing favourably to secure further opportunities in both the platinum and associated base metals arena and we remain confident to secure further such opportunities in the short term." Execution of Project Preparatory Phase- Due diligence and execution of Proposed Transaction Agreement On entering into Proposed Transaction, the phased execution and objectives of the Project are as follows: Phase 1 - Reaching commercial production of first copper tonnes from processing of existing surface material; Phase 2- Target commercial production to 3,000 t Cu sales and then to 9,000 t Cu sales, triggering respective target deferred consideration payments. Salient Terms of the Proposed Commercial Transaction Under the terms and conditions of the Proposed Commercial Transaction, the Company will have the right to acquire up to 100 % of the issued shares in the Project Company for staged considerations totalling AUD 4,500,000 by way of cash for the acquisition of shares, AUD 2,500,000 in secured loans and AUD 1,000,000 subscription payments. The staged considerations are linked to key project and copper production milestones. On the Company electing to proceed following the exclusive due diligence, which is estimated to conclude on or before the end of April 2017, and the execution of the Proposed Commercial Transaction, the Company will offer the Project Company a 3-year-term interest bearing securitised loan of AUD$500,000 towards accelerating the production time lines. First commercial copper production is expected within 4 months of Project Commercial Transaction. On entering into the Proposed Transaction Jubilee will acquire 20% of the issued shares of the Project Company for a purchase price of AUD 500,000. After the 20% acquisition, the Company will subscribe for a further 20% shareholding in the Project Company for a subscription price of AUD1, 000,000 towards achieving commercial production thereby giving Jubilee a 40% shareholding in the Project. Following completion of Phase 1, Jubilee will have the option to acquire a further 11% of the issued shares in the Project Company for a purchase price of AUD 500,000 thereby increasing Jubilee's total shareholding to 51% in the Project Company. On Jubilee electing to commence with Phase 2 and objectives, the Company will provide a further 3-year-term interest bearing securitised loan to the Project Company of AUD2, 000,000 if the parties deem further capital is required for the Project. At any time after having acquired a 51% shareholding in the Project Company and electing to proceed with Phase 2 objectives, Jubilee will have the option of acquiring a further 29% of the issued shares in the Project Company for AUD500, 000 taking its shareholding in the Project Company to 80%. On the Project achieving the target 3000 t Cu sold in terms of Phase 3 Jubilee agrees to make a deferred consideration payment to RMA of AUD1, 000,000 in cash. On the Project achieving the target of 9,000 t Cu sold Jubilee agrees to make a further deferred cash consideration payment to RMA of AUD1, 000,000. Jubilee shall offer to RMA an option, valid for a period of five years from execution of the Term Sheet to convert its remaining shareholding in the Project Company at Phase 4 in exchange for Jubilee shares valued at AUD1, 000,000; priced at the minimum of the Jubilee VWAP on the trading day immediately preceding the date of last signature of this Term Sheet or the following thirty (30) trading days' Jubilee VWAP. This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014. Contacts Jubilee Platinum plc
the bull: what a great day, sipp looking healthier by the day, jlp share price now repairing the value it once destructed
aaspell: I think the share price languishes rightly on the past performance of the company and a wait and see approach. Whether you believe that the past performance does not reflect the current performance of the company or not - the historical view on JLP until the last 12 months or so is that this is a company that has made various promises that it then failed to deliver on. Take Leinster Nickel - never progressed to an operational project - now BHP want to remove JLP rights. Or the purchase of Breamore for Conroast - apart from test work at Mintek never operated a Conroast smelter or produced PGM for itself or indeed any third party. Perhaps Power Alt and the smelters at Middleburg - allegedly to secure its own power for smelters and conversion to Conroast when required - operated at a loss - sold at a loss - smelters never converted. Tjate License - lets not go there. So there is a massive history of failure to deliver (or being kind under delivery against that which people invested against). However one can also argue that all of these issues were hindered or prevented by the finical crisis - lack of available funding - lack of appropriate funding and the lower value of commodity prices making progressing such projects unviable. Did JLP do well just to stay in business albeit at significant pain to shareholders via SEDA facilities, significant share issues, warrants etc? So onto the current operations. When they say mine to metal company i imagine that still conjures images for lots of people of the rose concept of Tjate banging out PGM's which JLP would then concentrate and subsequently smelt using Conroast to be a truly mines to metal producer. Currently we are a middle man processor of chrome tailings with aspirations via Hernic and ASA to be a middle man producer of PGM concentrate that others will toll process / smelt. But to give the company some credit the front end chrome production at ASA is something they delivered to programme, with better than projected earnings. So why does the share price still languish? From a personal perspective it's a suck it and see approach. For every 1p increase in the share price it creates a £10 million uplift in the Market Cap (thats a lot when the projected revenues from Hernic are £18.9 million per annum) and its never been clear how much of that £18.9 million will be lost in costs for the toll processing. They company has two very clear and defined targets to achieve - the first is the commissioning of Hernic by the end of December 2016 with the second being their contractual obligation to deliver concentrate for sale in February. Miss the first and theres a chance that the second is delayed (we do not know what quantity of concentrate our obligation relates to either so miss the first and we could be short of production on the second). Hence with only two weeks to go i'm quite happy to hang out waiting for confirmation that Hernic is in the commissioning process and ramping up to production. I imagine there may be a slight drift upwards or even downwards until the market receives such confirmation but if they do hit that first target the 2nd naturally follows. If the project is in production then there will be something to sell come February and i'd expect to see the share price start rising to reflect this. Then the other "if" comes into play - how much concentrate will we produce against any contractual requirement and how much profit will we make after toll treatments. They will be obliged to RNS their first concentrate sales so in Feb we should know the volumes of concentrate we can produce - but they will not be obliged to divulge any cash or operating costs until the annual accounts - so to see any true profitability could be as far away as next December - however in the short term if they meet their requirements in Feb i see the share price picking up further. This is all relatively short term stuff - 2 1/2 months to end of Feb an RNS and possibly a mid March OPs update. If they meet target 1 i will then hold on again for confirmation of target 2. For those people who comment on daily buys / sells etc there is nothing to suggest any significant interest in the company. Volumes are tiny against shares in issue a million share buy simply shows an individual is optimistic of the share price moving north - but of course there is someone else happy to sell an equal volume. (maybe necessity, maybe seeking better returns, maybe if they bought low happy to take a 10, 20 30% profit and move on.) Until we see volumes in the 2 or 3 % of shares in issue (so 20-30 million traded) i'd not read anything into small buys. And if the share price does start to move north then id also expect to see a lot of holders happy to sell out at break evens or smaller profits just to be out of what for some will have seemed a very poor investment over time. Anyhow just my thoughts - no advice intended - but for me end of Dec is critical to any increase in Jan and Feb and then Feb production figures should be another key mover if achieved and throwing off enough cash that the accounts in Dec 17 cannot show a loss (unless something screws up between now and then !!)
deme1: Although i can see it now JLP share price Dec 2017 - 70p Bullster "Confetti Colin said we would be a mid cap, long way off the £'s promised" All the while the elite few on this BB would already be sitting on a 30 bagger
sharenotes: Take three fifths of the JLP share price and three eighths of the JBL share price and form a triple product with the complex conjugate of zero and the insight you desire will be revealed. This is such a well known rule that I am very surprised you seem to be unaware of it.
freedom97: My post yesterday re. 1p to 5.5p (5.45) was in reply to sharenotes question, as he/she asked what will drive the share price higher without professional interest. I was just pointing out that pi's can drive the share price higher just like in August last year. I think some are missing the the important point I was making. Some have posted saying the volume is low, which it is at moment, although it's a lot higher than in the past, but this can change very quickly like it did in August last year. The rise to over 5p was not because of any RNS as the RNS before the 4 Aug 2015 was dated 21/07/2015 'Update Notice of GM and Invite to Live Webcast'. The volume on 3/8/15 was 49.7m traded with 712 trades. On the 4/8 when offer price went to 5.45p and bid to 5.40p as stated yesterday the volume was 107.9m with 1,526 trades. The reason the share price dropped back was because an RNS was issued at 12:57 on the 4th 'Statement regarding share price movement', in that RNS they also confirmed, they were in advanced talks with a major financial institution to secure the debt element of the project financing required to bring its two surface platinum processing plants into operation. It was the mention of the £13.71m capital required that caused many to sell that day, that's why the share price closed at 4.55p otherwise the share price would have remained high. If you don't believe me check the RNS's. My point is, volume can increase rapidly on no news as it did last year, although we were expecting project news re. ASA & Hernic. Just like we're expecting much news now. The question is what caused August last years rapid increase in trades?? Was it due to many pi's posting on twitter, telling pi's to buy (I never checked at the time) does anyone remember? I did see lots of posts on the ADVFN traders thread at the time but I don't believe that would have caused the huge increase in trades. Also, I never saw any mention in the press about Jubilee. Or was it just that hundreds of pi's had JLP on their watch list and as the share price and volume increased they all jumped on board or some other reason? I can understand huge volume like what happened when the share price here rose from 20p to 60p within a couple days due to the Tjate Resource statement release at the time back in 2009 but last years increase was not based on an RNS. So in conclusion, Jubilee is more known to the market than many think and if like last year, then hundreds of pi's might still have JLP on their watch lists. I suspect once the price goes over 3.8p?? they will all pile in, like in August last year. Hopefully this time due to being already fully funded the price won't drop back down, due to all the positive news we're expecting. As Always DYOR!
master rsi: short term for JLP share price
dandadandan: Platinum has hit $1100 and we should see a move towards $1170 next IMO. Someone over on iii reckons that on their calculation the JLP share price should have a target share price at 7:1 PE worst case of 33.1p, best case 58.8p - once in full flow. Quite a methodical calculation as well (just ASA and Hernic alone). I still reckon this is heading for 7p by the end of the year and then onwards and upwards. About to transfer more funds from the bank savings into JLP as it should provide a healthy 6 month return on capital IMO. If you do not take a risk you cannot expect a reward. This investment certainly has been de-risked substantially IMO those MMs cannot hide away that lowly Mcap figure and all of those income streams coming on line. GLA.
Jubilee Platinum share price data is direct from the London Stock Exchange
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