Jubilee Metals Share Discussion Threads

[sharenotes] 04/3/2019 10:19

The dialectic approach has absorbed countless man-hours of endless debate over the centuries but, besides massaging the intellectual ego, does it provide practical insight? In a similar vein, the Pythagoreans worried endlessly about incommensurability – indeed, they chucked someone off a boat for spilling the beans on such thoughts – but there is no need to feed anyone to the sharks here. Toobs1, you present the opposing view to others; does that really constitute ‘truth?’ Your comments on Tjate are predicated upon PM prices being suppressed indefinitely. Does that make sense? Cycles anyone? Frustrating issues when running a business are external factors that the management have no control over. Do you think JLP are immune to such frustrations and, if so, why do you think so?

[nelson01] 04/3/2019 10:04

Well done frog....it’s getting very close.

[frogkid] 04/3/2019 10:01

In for another 400k

[aceshi] 04/3/2019 09:35

Nelson Before you go, please answer my question above

[aceshi] 04/3/2019 09:32

Colin and Leon's presence at the investor show will go down exactly as we have become accustomed to. They will skirt around and point blank ignore the pertinent questions that are put to them. At every given opportunity the tragic old one liners will be dropped: mid cap rerate, talks with big boys, contractual finalisation, project delivery and ramp up, all imminent. Not to forget the classic, we are extremely excited about progress and the pipeline. LOL

[plat hunter] 04/3/2019 09:22

I don't think toobs understands what NAV or cashflow are

[toobs1] 04/3/2019 08:34

Plat hunter, I will give you time until Colin Bird and co comes out with the truth about Kabwe, to go double check your calculations ( you are of by a million miles).

[plat hunter] 04/3/2019 08:18

Toobs..

JLP is trading at 60% discount to it's NAV and has a debt leverage of just 5.4% which is covered by cashflow by over 26 times.

But you probably know better

[deme1] 04/3/2019 08:07

Leave Goldibucks alone Nelson

[choppernoel] 04/3/2019 07:59

Leon, Leon, leon, 2 months have now gone Mr Q4 2018 kabwe news. You really are a fool. Metal prices havent caused jubilees downfall, YOU HAVE

[toobs1] 04/3/2019 07:48

Tjate is a liability(costing Jubilee money),deep underground mining is a thing of the past,lots off excess capacity for sale in South Africa. Kabwe could not happen at all( possible investigations),why the silence from management? Platcro pgms was going to happen in Feb,now May,next it will be Aug.Dcm pgms, been waiting for years???? Platcro chrome plant needs upgrading( the whole place will come to a standstill like DCM when it was upgraded). Jubilee has over 6 million$ Debt,Sylvania has 0 Debt.Sylvania don't need to share profits from pgms. With taking all this into account i would say Jubilee is very much over valued.

[deme1] 04/3/2019 07:28

"you have excluded 63% of Tjate, 87.5% of Kabwe, 29.01% of BMR"

All worthless at the moe!

[goldibucks] 04/3/2019 07:20

“Which is the overvalued one here??” JLP is undervalued, you have excluded 63% of Tjate, 87.5% of Kabwe, 29.01% of BMR, PlatCro PGMs of 30,000 oz a year from May, DCM PGM tailings, PlatCro chrome, and DCM chrome. JLP are more diversified with more growth potential. I’d rather pay £33m for JLP rather than £73m for SLP. You get a lot more for your money.

[deme1] 04/3/2019 06:57

"when they get the DCM licence 90,000"

LOL

[toobs1] 04/3/2019 06:12

Sylvania platinum produces 91000 pgm oz a year(6E),market cap of 73 million pounds.Jubilee metals produces 25000 pgm oz a year(6E) market cap of 33 million pounds. Which is the overvalued one here??

[choppernoel] 04/3/2019 05:12

Jubilee can't even pass 2.5p

[goingforarun] 03/3/2019 18:56

I’d be happy with a one bagger let alone ten. In fact, it would be nice if the share price moved above 2.5 for a while!

[plat hunter] 03/3/2019 18:10

3 x earnings is simply my observation and view on market sentiment on the whole. The resource stock correction over the last few years was double trouble for AIM listed following the Beaufort scandal.

JLP will command a far loftier price tag than it is today(IMO)... but it will also need a change in sentiment across the whole resource sector to help push it to and beyond the 10 bag mark.