Jubilee Metals Share Discussion Threads

[goingforarun] 27/4/2019 16:40

As long as he can deliver them, I’ll be a happy bunny!

[billthebank] 27/4/2019 14:09

If they reach 12/15p as I am anticipating inside 15 months then I may top slice but I just feel that now is our time and Leon is about to metamorphose this company at long last. Sooooo glad that we do not appear to be in the clutches of CB Leon appears to really know his numbers!!!!!

[goingforarun] 27/4/2019 10:35

All in here too! Looking forward to the Q on Q growth!

[billthebank] 27/4/2019 09:15

I am all in now so do gets crossed that JLP delivers Good luck guys!!

[fozdad] 27/4/2019 08:09

It would appear that Sable is going to be profitable for many years, I just hope that GLR don’t use the Colin connection to get mate’s rates.

[boris cobaka] 27/4/2019 06:04

Metals looking strong in the last few sessions and the miners had a decent day (my jnug up 0ver 9%). Still a slight chance of a further dip but if the momentum continues to build then it's receding faster than krypto's credibility.

I did wonder whether jlp's 'reprocessing' model still keeps it within the 'miners' category. Anyway if it is a cause of any sector confusion it'll eventually catch up via an explosive move. The non-appearance of the results is disappointing and i'd say explains this weeks weakness.
FOMC meeting next week - i'd say we're likely to see some volatility in the metals on or around that date - big moves ahead.
Gl.

[plat hunter] 26/4/2019 23:39

As it stands at the moment.We've gone from "we're in talks with the big boys" & "let the numbers do the talking" To Artisan miners and no numbers.

[1madmarky] 26/4/2019 20:57

GSG - having kabwe as a one stop shop for artisan and minor miners sounds sensible. Plus it means our stock pile lasts longer.

[bullster] 26/4/2019 18:54

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Colin desperate to get going before JLP get Kabwe running.... whaaat !

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[plat hunter] 26/4/2019 18:13

Colin doesn't care about GLR much like he didn't care about BMR..

There is no credence behind director share purchases that are made from salaries, paid for by placings.

They're just bargaining tokens to be tossed around whenever it suits.

[bullster] 26/4/2019 17:38

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GLR are bellow even the activities of an artisan miner.

Does GLR actually do any mining yet.

Colin calls artisans "mom and pops", in the presentation.

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[gsg] 26/4/2019 17:21

Bullster.

That's not the way it will pan out imo.

I think that Sable will be the only zinc refinery in Zambia. GLR will be one of a number of small 3rd party miners providing feed stock to Sable. In one of the presentations, Leon states that Jubilee will set up Sable to take ore from artisanal miners, as well as refining the in house Kabwe tailings. Whilst GLR are a bit more than an artisanal miner, they will be one of the many local feedstock suppliers to Sable. A bit like the newly purchased Platchro chrome facility operates in SA. Just my take.

[deme1] 26/4/2019 16:57

Problem with GLR is its one of Colins babies. Leon would not screw Colin over even if he could

[choppernoel] 26/4/2019 16:18

Once again Leon is late. This guy needs to get his accounting dept in order. Dates can't change each time. Deme1 how do u find the time to read at the caravan park when your mouth is full?

[deme1] 26/4/2019 16:03

Bullster

but what about projects such as Kabwe that date back before provisions and before anyone really cared what happened to the waste.

I am of the thinking that the more pressure put onto these mining companies with reference to their tailings, the more will look for companies like JLP that will not only partially clean up their tailings but will also pay them a percentage of the profits for doing so.

come on Leon some of us want a little something to read over the weekend ;)

[bullster] 26/4/2019 14:56

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"More that people are being forced to look at their waste,"

Only if it is causing a safety hazard, otherwise any remedial provisions not set out in the license shall be the responsibility of the licence issuer.

An insurance backed contract/bond is now the common provision to make sure land is left in an acceptable state.

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[deme1] 26/4/2019 14:42

Aces

I disagree

It is not so much the lack of communication, but what comes afterwards.
JLP have a habit of bigging up projects only to be thwarted when figures start to emerge.
Delays in information are not normally a good sign i hate to add.
But we will 10 bag at some point ;)

[plat hunter] 26/4/2019 14:36

No no no.. Bullster...

More that people are being forced to look at their waste, I think that in it's self is a good thing.

[aceshi] 26/4/2019 14:33

Totally agree Surely if JLP has truly turned a corner and potential is beginning to be realised, communication of facts and figures backing this up, remains essential to driving positive sentiment. After all these years, this continues to be the single biggest dampener on the share price Prolonged silence smacks of less than impressive numbers and a lack of positive progress to report.

[goldibucks] 26/4/2019 14:10

Well I’m firmly in the let the numbers speak for themselves camp. I’d deal with the regular bit by just putting the quarterly reporting in the calendar on the last working day of the following month and then stick to it. I’d simplify the template for quarterly reporting to make them shorter, punchier, and easier to pull together. Leon’s time is best spent on metallurgy. The reason the share price is 3p is because of a lack of profit, over dependence on 1 or 2 shaky and short term earnings streams, and continual disappointments delays, and uncertainties, e.g Hernic business rescue, Kabwe license revocation, uncertainty over Hernic profit sharing timing. They could have span it however they wanted to, we’d still be at 3p. None of their previous efforts at financial PR have stuck. Money talks, bull5hit walks.

[bullster] 26/4/2019 14:01

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You guys are barking up the wrong tree if you think that JLP will be invited in to solve tailings dam safety, think again, that's the job of a civil engineer.

Even on projects that JLP are involved in, the bulk of the tailings just doesn't disappear, more like disturbed or moved to another pile.

It's all about integrity of the structure of the dam and preventing contamination of the water sources.

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