Cannacord down another 5.8m |
Good to see Copper and other metals rising today, perhaps as a result Trump. |
MinerDeck
@MinerDeck
Metals: weekly price & performance |
Not sure, but hope he is right about seller being out. |
From Charles AJubilee Metals shares have risen by 15% ytd - the sellers appear to be out (yes, I know, a fairy dies every time someone says this), but more importantly, the rains have come for Zambia and power is now less of a concern than it was a month ago.Accordingly Jubilee has sorted out the power issues at Roan and now it can generate and sell the copper needed to send the share price back to a fairer valuation.Happy days. |
 Might be due to America production of palladium is at a low and are an importer.tafiffs!!from Canada and SouthAfrica
American Palladium Resources
In the United States, palladium isn’t as abundant as in Canada, but it still plays a significant role in the nation’s economy. The Stillwater Complex in Montana is a well-known source of palladium and platinum group metals. Additionally, recycling and secondary sources contribute to the availability of palladium within the country.
The Market Outlook
The outlook for the palladium market remains bullish, as the demand is expected to grow faster than the supply in the coming years. The main factors that will support the demand are:
The tightening emission standards for gasoline vehicles in major markets such as China, Europe, and India, which will increase the use of palladium in catalytic converters
The growing adoption of hybrid electric vehicles (HEVs), which also use palladium in their catalytic converters and batteries
The emerging applications of palladium in hydrogen-related technologies, such as fuel cells and electrolyzers
On the supply side, the main challenges are:
The geopolitical risks and labor issues in the major producing countries, such as Russia and South Africa, which could disrupt the production and exports of palladium
The environmental and social impacts of mining activities, such as water pollution, land degradation, greenhouse gas emissions, human rights violations, and community conflicts
The technical difficulties and high costs of developing new palladium projects or expanding existing ones
Given these factors, the U.S. faces a strategic challenge to secure its palladium supply for its domestic needs and reduce its dependence on foreign sources |
Platinum palladium posting highest 9 week closes ☑️ώ5;️ |
Indeed thanks for the correction.
Good news is the below
Palladium broken the daily $1010
Platinum at $980
Futures up another $16 to $1043
Palladium futures up another $42 to $1052 makes nearly 10% in two days. |
Mr Waite,
Copper comes from Zambia but Platinum comes from chrome separation in South Africa. I think you are referring you are referring to being able to switch to cobalt. |
Platinum and palladium up nicely tonight
Roll on 10,000+
The good thing is we can switch from copper to platinum.
Up5% tonight$48 on the futures |
They weren't building any new modules until the due diligence was proven at Roan as far as I can make out. What would be the point? |
RNS 15/12/23
Use of Proceeds
The Placing is specifically targeting Jubilee's Zambian Copper operations, in order to accelerate the implementation of our newly acquired Copper Waste Rock Project in partnership with International Resources Holdings ("IRH"), as follows:
· Pay the initial payment of US$1.75 million, due under the agreement for the acquisition of the copper waste rock dump announced on 12 December 2023 detailed above and progress resource and process design (a total of c.US$4.5m).
· Expand the sulphide recovery circuits at the Company's Sable Refinery to accommodate increased sulphide concentrate production from newly acquired projects (c.US$5.7m).
· Progress the project development phase of the Mufulira slag project, with early-stage bulk trial and processing (c.US$2.5m).
· For general working capital purposes. |
Thanks sev22. That's encouraging. |
So it's going to be rather awkward if the IRH deal goes head and they ask where the module is. Maybe this is some of the issue ? |
Hi Frog
I have stated this quite a few times, it was BULL just an excuse as the cash flow was very low then |
From the placing RNS of 15/12/23"The money raised will allow us to accelerate the manufacturing of our new copper modules on these new projects and importantly secure the long lead items with suppliers in what is a tight market for key materials."Am I missing something? What happened to the first of the 4 modules ? Or is that part of the due diligence? i.e. they had one built and it is under test. This is a very important point to clear up. |
Posted on X at 12.52 pm today by Jubilee Metals Plc:
We are pleased to report stable electricity supply in Zambia under our new contract. With the country experiencing significant rainfall, hydropower generation is strong, reducing the risk of load shedding and supporting the ramp-up of Roan. |
Hi isolator, where is that please ? |
Seemed like they listened frogWe are pleased to report stable electricity supply in Zambia under our new contract. With the country experiencing significant rainfall, hydropower generation is strong, reducing the risk of load shedding and supporting the ramp-up of R |
Freedom97: Yes, he did. I was responding to a post that blamed him for the problems that JLP experienced recently (now behind us, we hope). Leon seized opportunities as they arose, and has gone a long way towards solving the problems that came with them. |
Copper climbing. |
A little calmer here today, yesterday was obviously the broker note and possibly pi selling to pay there self assessments on the 31st |
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