Jubilee Metals Share Discussion Threads

[kryptonsnake] 21/3/2019 16:22

Just when you thought it was safe to buy at 2.6 this morning Leon goes and fires his confetti cannon


LOLsss

[kryptonsnake] 21/3/2019 16:22

Just when you thought it was safe to buy at 2.6 this morning Leon goes and fires his confetti cannon


LOLsss

[adejuk] 21/3/2019 16:15

thx plat
i AIM to pl

[plat hunter] 21/3/2019 15:58

Ade

That's the funniest thing I've seen posted here, since Krypton tried to calculate MCAP

[choppernoel] 21/3/2019 15:47

When he opens his mouth?

[adejuk] 21/3/2019 15:39

how can you tell when leon is lying?

[gsg] 21/3/2019 15:24

Leon Proactive interview.

[mikebolle1] 21/3/2019 15:12

"Conclusion of an acid supply agreement for the sale of acid produced at the plant by Sable Zinc Kabwe to Glencore until such time..."
How much can this be worth?

[mikebolle1] 21/3/2019 15:10

"Jubilee has already secured Zambian ministerial approval for the transaction. The Minister also waived previous conditions placed on the Kabwe mining licences."
The Zim Gov seems to be very happy...

[nelson01] 21/3/2019 15:07

And how you clearly don’t qualify to give investment advice.

[1madmarky] 21/3/2019 15:05

Zinc concentrate and vanadium pentoxide to be produced this year. :-)

And fat margins to boot

[plat hunter] 21/3/2019 14:43

True philby, it is plural

[freedom97] 21/3/2019 14:41

Bullsters figures in post 9609 equals almost 96m!! per year profit. Also, that's based on todays pgm prices, so if they rise so does Jubilees profit. ;o)

Some have posted, pi's have been diluted again, but Jubilee is using the raised funds to buy a very important asset that not only secures Jubilees future but should generate revenue of possibly hundreds of millions over the years. If the funds were not for buying the asset and was for paying the general running of the company and paying off debts, then yes that would be dilution, as no revenue would be generated.

Todays Kabwe news is excellent imo., and thought we would get the news we've been waiting so long for on Kabwe, as I indicated after yesterdays RNS:

freedom9720 Mar '19 - 17:34 - 9529 of 9642

Maybe Leon wanted to issue the RNS today, because he wants to issue an RNS purely focused on Kabwe tomorrow.

However, I then realised that JSE is closed today for Public Holiday, so didn't think would issue it today, well now we know they will issue important RNS's even when JSE is closed.

I've posted many times that it takes a long time to get deals signed as so much work needs to be done with lots of due diligence and legal work etc., it's not like buying a house. I hope pi's after reading todays RNS will understand this, and in future be more patient and remember, sometimes can take longer than even Leon thought it would. If you can't then maybe JLP is the wrong share for you.

IMO, the future for Jubilee looks very bright indeed!

[aceshi] 21/3/2019 14:40

An update on Kabwe has been delayed for almost a full Q. During that time we have had to endure a relentless barrage of estimations and opinions as to how massively improved the imminent, financials are going to be. If this were to be the case, why would management not get the financials out, let them work their magic on the share price and then negotiate the placing, for less dilution? Easy, existing shareholders don't even feature in their plans. And perhaps those audited results are not going to be as earth shattering as suggested.

[1madmarky] 21/3/2019 14:37

It would make sense for Glencore to take an equity stake. If they did it would make getting access to legacy tailings somewhat easier... you'd hope.

[philby1] 21/3/2019 14:35

Leon did say institutional partners Plat so more than just one?

[plat hunter] 21/3/2019 14:31

Whoever's, involved in the placing. Its big enough to deserve a seperate RNS, otherwise just say who it was.Perhaps the partner is listed and thus have to wait for the TR1 to drop?My money is on Glencore :-P

[bullster] 21/3/2019 13:36

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The broker is still in charge of the book, 2.39p nailed on at present, unless another biggie appears.
I'll let you know when the market maker gets it back.


edit..... basket $1,363 (up $7 on yesterday)

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