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JLP Jubilee Metals

5.30
-0.05 (-0.93%)
Last Updated: 08:08:25
Delayed by 15 minutes
Jubilee Metals Investors - JLP

Jubilee Metals Investors - JLP

Share Name Share Symbol Market Stock Type
Jubilee Metals JLP London Ordinary Share
  Price Change Price Change % Share Price Last Trade
-0.05 -0.93% 5.30 08:08:25
Open Price Low Price High Price Close Price Previous Close
5.35 5.30 5.35 5.35
more quote information »
Industry Sector
MINING

Top Investor Posts

Top Posts
Posted at 10/11/2024 09:13 by kennyp52
timhigginson12 … sensible post. On the numbers we have to hand I also think 11p is a fair short term target and I do think it will move steadily towards this over the next month. JLP has released confidence to the market but the share price is only back to low 5’s which to me , for new investors , represents a real opportunity to multi-bag on a company projecting a huge increase in production in 2025 and beyond. For me Leon just needs to calm down a touch and post some big fat profits to get it moving towards the 30p target I think many might have in the back of their minds ?
Posted at 09/11/2024 00:39 by mr waite
I have seen plenty of posters at one and each others throats over the years and will post when it needs a sock in it.
Having posters attacking each other down grades the forum 🤐
Please Post on Jubilee to your hearts content any info you like to share.
Frog nothing personal just ignore them.It was a busy day for sharing info to new potential investors.
Posted at 08/11/2024 08:26 by pshevlin
Momentum investors wil be coming in soon.
Posted at 05/11/2024 12:41 by robers98
The total number of shares in issue is 3,005,659,155. The percentage of shares not in public hands is 0.153%. This information was last updated on 29 October 2024.
Significant Shareholdings
Investor

Slater Investments
Hargreaves Lansdown Asset Mgt
Interactive Investor
ACAM LP
FIL Investment International
Canaccord Genuity Wealth Mgt
Veddis Capital
Peppermill Ltd

Number of shares

358,900,153
302,939,580
263,372,909
206,447,822
182,188,953
165,950,000
147,968,297
102,441,533
% of shares in issue

11.94
10.08
8.76
6.87
6.06
5.52
4.92
3.41
Posted at 30/10/2024 06:44 by genises
Copper rose with other industrial metals following a report of a possible fresh announcement of Chinese stimulus totaling 10 trillion yuan ($1.4 trillion), as investors also prepare for next week’s Federal Reserve rate decision.

The fiscal stimulus may be approved at a meeting by China’s top legislative body to be held Nov. 4-8, a
Posted at 29/10/2024 08:07 by pshevlin
Interesting looking at the renumeration of directors on the FT site Skipper. Just shows how much of a one man band this is if they are correct with Leons pay outstripping the rest by at least 6 to 1. In my opinion it's not a good look to Institutional Investors.
Posted at 16/10/2024 09:07 by timhigginson12
They really are a slipshod lot. I went into the website ,investors, corporate documents looking for the accounts to June 2024 only to find the first set were labeled 2023 thought they are in fact the 2024 accounts!
Since we are now reporting in US$ it should highlight that we should be borrowing in US$s. Whilst it maybe true that there is a paper adjustment for assets bought in other currencies and so giving rise to value adjustments it is meaningless if the assets have an international value eg has the value of the Sable refinery gone down by circa $40m in the last two years? The answer is probably no which is why such assets should be revalued regularly as required by IFRS. This also infers that all long term asset purchases should be transacted in US$.
Posted at 12/10/2024 16:33 by genises
China’s stimulus package, announced in September, represents a significant injection of liquidity totaling 3.95 trillion yuan ($560 billion), equivalent to over 3% of China’s GDP. The size of this package is substantial, nearing the level of support provided during the Covid-19 crisis. Alongside the Federal Reserve’s recent rate cuts, this should increase liquidity in the financial system in the coming months. Speculators have already begun to re-engage on the long side of the copper market in response. Given that the fourth quarter is historically the strongest for copper, we expect prices to average around $10,265 per tonne in Q4 2024, which would mark a record high.

Copper prices in 2024 and 2025: a global overview and analysis
Copper's versatile applications and robust demand shape a complex global market outlook for 2024, with stable prices in the US, a mild recovery in China, and weak conditions in Europe, while Q4 forecasts suggest upward price pressure

October 11, 2024
By the Fastmarkets team, Boris Mikanikrezai, and Andrew Cole
Base metals Copper
Copper is one of the most versatile and essential metals in today’s world. With applications ranging from electrical wiring to renewable energy infrastructure, its demand remains robust. But what does the future hold for copper prices?

We will draw on insights from our in-house experts (Boris Mikanikrezai and Andrew Cole) when exploring the current global picture. We will provide a copper price forecast for 2024 and a long-term outlook for 2025.

Global copper market outlook
As we navigate through 2024, the copper market presents a complex global picture, influenced by varying economic climates in major regions such as the US, China and Europe.

In the United States, the price of copper remains stable yet subdued, largely due to the seasonal summer lull, with premiums holding steady in the Midwest. Despite challenges, long-term optimism prevails, buoyed by potential supply imbalances and increasing demand for copper in green energy projects.

China, a major player in the copper market, witnessed a mild recovery in its physical market during August 2024. The copper grade A cathode premium in Shanghai saw an uptick, reflecting improved market conditions. This recovery is driven by expectations for better import arbitrage conditions post-LME price decline, although challenges remain due to fluctuating prices.

In Europe, the copper market remains weak, particularly in Germany – Europe’s largest consumer. Despite some demand from green energy projects, overall market conditions are bearish, with ample stock levels and sluggish performance in the manufacturing, automotive and construction sectors.

Short-term copper price forecast for the remainder of 2024
In Q4 2024, copper prices are expected to experience upward pressure, driven by a more favorable macroeconomic sentiment (Federal Reserve rate cuts, stimulus in China), tighter market fundamentals (on expectations for smelter production cuts, a recovery in physical demand in China), positive seasonality (the fourth quarter typically being the strongest) and speculative positioning (rapid rebuilding of long positions). Given these factors, Fastmarkets analysts view the risk-reward profile skewed to the upside for the fourth quarter.

In China, the Shanghai premium should continue its recovery in the final quarter of the year, largely due to the improved sentiment following the substantial stimulus measures implemented by the country’s authorities.

In the US, spot market activity is projected to remain stable until the year-end, although supply availability could become a little tighter. Meanwhile, Europe might also see quiet spot activity until the remainder of the year, as most consumers are adequately covered by long-term contracts.

Improved macroeconomic conditions
China’s stimulus package, announced in September, represents a significant injection of liquidity totaling 3.95 trillion yuan ($560 billion), equivalent to over 3% of China’s GDP. The size of this package is substantial, nearing the level of support provided during the Covid-19 crisis. Alongside the Federal Reserve’s recent rate cuts, this should increase liquidity in the financial system in the coming months. Speculators have already begun to re-engage on the long side of the copper market in response. Given that the fourth quarter is historically the strongest for copper, we expect prices to average around $10,265 per tonne in Q4 2024, which would mark a record high.

Short-term challenges
Lower trading volumes and potential market volatility suggest caution. Despite the expected rise, the market remains sensitive to macroeconomic conditions and geopolitical events. Investors should keep an eye on these factors as they could impact short-term price movements.

Long-term copper price forecast for 2025 and beyond
Beyond the immediate future, the copper market and the price of copper is poised for a bullish long-term trajectory, driven by the energy transition’s escalating demand. For instance, by 2025 the copper grade A cathode premium in Rotterdam is projected to rise by approximately 25%, reflecting tighter regional fundamentals and a recovering European market.

Fastmarkets’ copper long-term outlook remains optimistic. As we move toward 2034, refined copper consumption is set to be driven significantly by sectors linked to the energy transition, including electric vehicles and renewable energy applications. The anticipated structural supply deficit will likely necessitate increased investments in production facilities, further underpinning a bullish outlook for copper prices.
Posted at 04/10/2024 14:17 by adejuk
my pf is down 10% as a direct result of jlp
i am old and could have retired 20 years ago if i had wanted - but didn't as my work is v rewarding and i really enjoy it.
LEON !! is directly responsible for the fall in my pf
he is obviously neurodivergent and incapabable of empathising with his ordinary investors. he is totally committed to building a ftse 100 company no matter how much damage he causes in pursuit of that goal.
he could have moved the share price on from 20p in small steps but NO
he could not see the trees for the woods
he is a brilliant engineer - CEO?
time for a change
Posted at 29/8/2024 05:01 by undertaker
Credit 'PizzaGate' over on the other Asylum BB!.....

Persistent seller - FIDELITY!Today 05:37
Rumour on Telegram that Fidelity Funds is the background seller of JLP.

JLP is held by the following Fidelity Fund: "Fidelity Investment Funds - Emerging Europe Middle East and Africa Fund A - ACC Shares"



In google search type: "Fidelity Investment Funds liquidating"

The AI Overview produces the following....

AI Overview

Learn more



As of March 6, 2024, Fidelity's Total Emerging Markets Fund has a plan of liquidation approved by its Board of Trustees. The fund will no longer pursue its investment objective.

Liquidation involves selling a fund's assets and distributing the proceeds to its shareholders. This can sometimes force shareholders to sell at a time of their choosing.

Here are some other Fidelity funds that have been involved in liquidations or other changes:

Fidelity Funds - Emerging Europe, Middle East and Africa Fund

In June 2024, Fidelity announced that it would pay a capital distribution to investors on July 17, 2024. The fund also stated that it would continue to review opportunities to sell assets to return value to investors.

Investment Trust

In July 2024, Fidelity announced that it would restrict new investments into the Investment Trust in the best interests of its customers. However, customers will still be able to redeem their existing holdings by selling to cash or switching to other investments.

Jun/Jul is when the decline in the JLP price started.

Therefore Fidelity is liquidating its fund and JLP happens to be one of its components..... nothing to do with any doubts about JLP!

Question now is are Fidelity nearly done?

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