Jubilee Metals Share Discussion Threads

[goldibucks] 21/3/2019 08:45

“300K shorted first thing.“ A lamb to the slaughter. You wait for them to report earnings of £2m for January and February so £3m for Q1, up 38% quarter-on-quarter, after a ropey start to the year at Hernic and before earnings from DCM fine chrome reach “commercial221; levels in March, with PlatCro PGM earnings coming on tap in May, and an 18m overhang to be cleared, THEN you short. I’ll be looking to increase my holding from 4.3m to 5m before Q2 production data gets reported. If Kabwe lands, shorting losses will be a multiple of the current share price.

[bullster] 21/3/2019 08:34

.
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Not finished yet.

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[sweetfookall] 21/3/2019 08:30

300K shorted first thing.

Ready for the next 300.

Spike it up rampers.

This AIM Game is too easy.

[sweetfookall] 21/3/2019 08:28

My Target

1.2p



Time Frame

3 months

[sweetfookall] 21/3/2019 08:27

!YOUTUBEVIDEO:Z1LctxzEREE:
To sell a stock short, you follow four steps:

Borrow the stock you want to bet against. ...

You immediately sell the shares you have borrowed. ...

You wait for the stock to fall and then buy the shares back at the new, lower price.

You return the shares to the brokerage you borrowed them from and pocket the difference.

[freedom97] 21/3/2019 08:25

I searched last week for broker notes and couldn't find any. No mention on the Shard Capital website neither or Jubilee site:





Surely Shard haven't only emailed the pdf to those registered with them, have they forgot to add to their website or even inform Jubilee??

The Skipper, would appreciate a link, TIA

[dafrog] 21/3/2019 08:17

Messed up trading this morning. Should have bought yesterday but was waiting for better Euro rate to transfer funds to £.

[boris cobaka] 21/3/2019 08:14

I could totally understand why jlp were reluctant to release the update earlier if it meant bmr would offload into any price rise. It's taken longer but at least they've had to accept a lower return.

Market slow to catch onto yesterday's news which may be down to the selling activity of bmr. If cleared then perhaps a rerate on it's way.

[gsg] 21/3/2019 08:11

1MM.

It looks that way.

[deme1] 21/3/2019 08:06

i guess that is BMR out now

[goldibucks] 21/3/2019 07:48

£2m of project earnings for Jan and Feb is £3m for Q1 and that’s a 38% improvement quarter-on-quarter. That’s without any month—on-month improvement in Hernic, without any contribution from DCM fine chrome, without PlatCro PGMs, without DCM PGMs, and without Kabwe. Please can somebody tell me another quoted company delivering this kind of stellar quarter-on-quarter growth, with this exponential growth potential, with such a low market cap to annualised profit ratio? £30m market cap / £6m of annualised profit = 5 and no tax to pay for years. £6m annualised profit is £2m project earnings for January and February x 6 - £6m of central costs and interest.

[deme1] 21/3/2019 07:46

So a project, is not a project at the point of funding?

Is tjate a project?

[deme1] 21/3/2019 07:40

Point to note:


When PI's say they cannot release an RNS when JSE is closed.

Well they done it yesterday!

ZERO respect for PI's

#Lemons

[goingforarun] 21/3/2019 07:33

I think that the ability of anyone on these threads to be able to find this report easily just sums up how bad the comms are! Hopefully this will be reissued with an update and hopefully to a larger audience!

[goldibucks] 21/3/2019 07:33

“Nothing is going to be back to normal in March”. Part of the slowdown will be seasonal as happened last year and things did go back to normal. Jubilee are saying normal production levels resumed in March on 20 March so presumably they have or it’s going to be embarrassing for them to report Q1. From the last business rescue update, Samancor are still negotiating with Eskom on the Hernic power contract. Maybe things will improve when that contract gets signed. Why wasn’t PlatCro chrome affected by load shedding? They originally reported USD $5.5m of ongoing earnings PlatCro chrome, it’s already up to USD $7m.

[deme1] 21/3/2019 07:31

"I had no idea that being right was lazy, unless of course you know what the plan is for kabwe"

Yes "apparently" the plan is to process the tailings! Remember you were harping on about sable for the last few months!

What a numpty

[kryptonsnake] 21/3/2019 07:31

Plat pretending that Jubilee haven't already spent loads of money on Kabwe, with all the planning and testing involved. And now trying to buy a plant for millions of dollars to make earnings from the PROJECT

He's only twisting facts to suit his agenda. Agenda Bender

LOLsss

[plat hunter] 21/3/2019 07:28

Just the other day i sad it was a 50% discount to NAV with a target of 9p without Kabwe.Bloody bang on lol

[plat hunter] 21/3/2019 07:26

And the definition of a project is... "an individual or collaborative enterprise that is carefully planned to achieve a particular aim."I had no idea that being right was lazy, unless of course you know what the plan is for kabwe?

[plat hunter] 21/3/2019 07:22

I hadn't seen this... bloody great ain't it.

[deme1] 21/3/2019 07:17

haughtonhoney21 Mar '19 - 07:09 - 9557 of 9557
0 0 0
"In other words - buckle up, sit tight and enjoy the ride."

Yeah the initial drop is when your stomach goes!