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JLP Jubilee Metals Group Plc

6.70
-0.10 (-1.47%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Jubilee Metals Group Plc LSE:JLP London Ordinary Share GB0031852162 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  -0.10 -1.47% 6.70 4,134,915 16:35:20
Bid Price Offer Price High Price Low Price Open Price
6.50 6.80 6.80 6.65 6.80
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Miscellaneous Metal Ores,nec 141.93M 12.91M 0.0047 14.15 182.09M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:35:20 UT 2,686 6.70 GBX

Jubilee Metals (JLP) Latest News

Jubilee Metals (JLP) Discussions and Chat

Jubilee Metals Forums and Chat

Date Time Title Posts
24/4/202414:41Mighty Oaks from Tiny Acorns (Moderated)58,846
19/4/202419:55Mighty Shorts from Tiny Acorns (UnModerated)4,840
23/10/202317:35TARGET PRICE 200P31
20/7/202307:08JLP Jubilee 20231
06/6/202318:52THE REAL NEW DAWN FOR THIS RISING STAR27,377

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Jubilee Metals (JLP) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-04-24 15:35:206.702,686179.96UT
2024-04-24 15:21:386.655,640374.95O
2024-04-24 14:58:076.7050,0003,350.00O
2024-04-24 14:44:166.6513,536900.14O
2024-04-24 14:37:256.65100,0006,650.00O

Jubilee Metals (JLP) Top Chat Posts

Top Posts
Posted at 24/4/2024 09:20 by Jubilee Metals Daily Update
Jubilee Metals Group Plc is listed in the Miscellaneous Metal Ores,nec sector of the London Stock Exchange with ticker JLP. The last closing price for Jubilee Metals was 6.80p.
Jubilee Metals currently has 2,738,130,000 shares in issue. The market capitalisation of Jubilee Metals is £182,085,645.
Jubilee Metals has a price to earnings ratio (PE ratio) of 14.15.
This morning JLP shares opened at 6.80p
Posted at 23/4/2024 11:42 by pshevlin
I really do NOT want to see JLP overextending themselves and issuing more shares before we get to a decent share price at the moment. The amount of confetti we would have to issue at these prices would be ridiculous. Even talking about it would be enough to deter more people entering.
Posted at 17/4/2024 15:10 by freedom97
frog, yes, I think most pi's know companies aren't supposed to withhold price sensitive information that can affect the share price However, if you notice many companies often release RNS's at 7am including JLP. If a company completes a deal near close or just after markets close they will often release the RNS after having it typed up the next morning at 7am.

But on average in the past I remember and I'm sure other pi's do also, that a higher percentage of RNS's have been released on Thursdays. Although without checking the past year RNS's release dates this may have changed. It could be Leon likes to arrange meetings on Wednesdays & Thursdays to get deals signed etc.
Posted at 11/4/2024 15:03 by freedom97
For those new here (and as a reminder for other pi's), it's worth listening to Leon being interviewed by Charles Archer on Midweek Takeaway:



Plus hope Ant doesn't mind me re-posting his excellent notes on what was said:

21ant25 Mar '24 - 12:32 - 58086 of 5848 10 0

So, all in all everything is on track and all systems go. Great to get the questions answered that were submitted.

My notes:

Roan - All hands on deck, pushing very hard and he did eventually say yes to fully operational at the end of April. I would give some flex here maybe.

Sable - Q3 upgrade (July to Sept) will be up and running at the improved capacity almost immediately after the work is complete. Also talked about the need to look beyond Sable as the only refinery in months as opposed to years

IRH - Lots happening, working on the implementation and process solution. Ultimately a carbon copy or Roan though. Probably 2 weeks away from lots of news flow on the size, implementation (the how and speed)

Munkoyo - work still on track to reach production levels of 25000 tonnes of ROM over the next 12 months

Thutse - about 2 1/2 months until the 9th Chrome module is up and running. On target.

PGM's - as we know; production costs very low so still profitable. Creating more feed material as Chrome expands. Very well placed for any uptick in prices. Current quarter/half revenues very similar to LY as it stands.

Current copper volumes - not totally clear but I would suggest between 300 and 600 tonnes per month. Initially reduced to 50% capacity then down to 40% at Roan. Once up and running it will be 1000+ from Roan (13000pa)
Talk about growing chrome revenues and copper revenues and that copper revenues will match chrome and eventually surpass

Profit: Chrome is at double digit growth through processing more of their own material. With the volume growing too, the revenue and profit benefit. Copper then ramps up and follows a similar pattern really adding to the bottom line

Equity raises: Thutse expansion fully funded from own cashflow. Copper supported through recent raise and IRH. No requirement to come to market. Even with lots of 'must have' opportunities in Zambia, he stated 'they may not need to have all of it' and therefore expand without coming to market.

Load shedding in Zambia. Primary protection for Jubilee through priority supply from Zesco. Only if load shedding hits extremely high level will they be affected. Looking at solar panel options for their modular roll out. Additional benefits to this being they can not only back up their own plants but potentially supply to local areas which tend to be remote.

Warrants - He said these were all historical. He is right regarding the prices mainly being at a premium to the current share price but the 22m that hit in December don't look historical to me so needs more digging and clarity.

Why Jubilee?
1. Already created a sustainable profitable business which many haven't in this space. That is significant and de-risks JLP in my view
2. Diversification in Chrome, Copper and PGM's with Chrome and Copper in high demand
They are not a miner or a PGM company but a Copper and Chrome company with a PGM by-product. They are quick to expand (see Chrome) and low capital.

We are at an inflection point for extreme growth, not just organic growth

I've bought some more ;-)
Posted at 05/4/2024 12:39 by 888icb
The point you make about JLP not being a miner is very important to understand. Copper is going to be increasingly in demand. It is incredibly capital intensive to develop new copper mines and probably takes 15 years to bring to production. The miners say that the copper price will need to be considerably higher than it is now to get them to commit to building new mines. JLP can produce copper now from the vast quantities of waste that have already been mined over decades. JLP has an incredibly bright future and bankrolled by its new UAE partners could license out its technology around the world taking a royalty on copper produced. Exciting times for Jubilee shareholders and remember Slater have stuck with this through a decline in share price from 16p. I feel their patience will soon be rewarded.
Posted at 04/4/2024 20:20 by freedom97
Thanks for the info pshevlin.

Regarding JBL yes, I've always understood that the share price balances inline with JLP just the exchange rates makes it hard to see it clearly. JBL closed UP 13.04% so I presume without calculating the difference in exchange rates that it's similar to JLPs close in value.
Posted at 03/4/2024 16:27 by kennyp52
Copper 4.1852 0.107 2.62%

Big disconnect now between copper price and JLP share price .. the market / investors will wake up when Leon delivers some serious numbers. All imho.
Posted at 20/3/2024 15:34 by pshevlin
I was talking about your jlp share price prediction with no news! Certainly not in that Horses Duvres!
Posted at 06/3/2024 08:53 by sb
New article from Sarel Oberholster, the SeekingAlpha analyst, here: [...]

"The share price target for FY 2025 for JMG is 39 pence from the current share price drifting around 5 pence. I’ve seen this slumber and explode share price moves happen often enough. Will you be there when it happens, or will you try and catch the rocket as it makes its moonshot, or will you remain unconvinced and tell the story of how you almost caught that big one? As disclosed, I have a ticket."
Posted at 05/3/2024 15:25 by freedom97
I hope no bidding war starts until the share price is around 20p to take the share price up over 30p.

If a bidding war starts now the share price might only hit 15p and we know some pi's on here would be happy taking 15p. Not me 30p+.

I very much doubt Leon would accept any offer less than 30p per share anyway.
Posted at 27/2/2024 08:46 by boris cobaka
Freedom post -

"Also, some pi's are forgetting to take into account the amount Jubilee is investing in the company this is adding to the Asset value and the current share price undervalues that.'

Yes there'll definitely be some added value but unfortunately there'll also be depreciation on property and equipment as per usual but then the real kicker is when you take into account the share price dilution after every raising. Every time they issue paper the price will never ever reach level it would have achieved with less shares in issue. Simples.

That's why when the company reaches the point where 'new shares' are the answer to everything it becomes a cancer on the share price
Jubilee Metals share price data is direct from the London Stock Exchange

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