Jubilee Metals Share Discussion Threads

[plat hunter] 09/5/2019 19:07

That's a great article Deme.. Good find

[mikebolle1] 09/5/2019 18:04

"Get JLP in to release the economic value for them ;)" and the government is by this time well aware that we can do it.

[deme1] 09/5/2019 17:47

"He has since asked the mining firm to surrender the tailing dams to government if there was nothing of economic value."

We all know there is economic value in the tailings

So do they

1. Hand them over to the government
2. Get JLP in to release the economic value for them ;)

[gsg] 09/5/2019 17:46

mike

For the answer refer to the link posted a couple of weeks ago.




Mines Permanent Secretary Paul Chanda threatened that his Ministry will be forced to review the licenses in order for the Tailings to be taken care of.

Mr. Chanda told ZNBC News that the license holders have not secured the Tailings, leading to them polluting the environment.

Meanwhile, the Zambia Mining Environmental Remediation and Improvement Project will soon embark on rehabilitating Tailings dams which will show the potential they have in the nation.

Project National Coordinator Gideon Ndalama said the first Tailings dam to be renovated will be in Mufulira.

[goingforarun] 09/5/2019 17:46

Maybe give the licence to someone who can do something with it?

[deme1] 09/5/2019 17:45

" What will government do with tailing dams?"

Outsource them to a company that can reduce their economic impact and hand over a percentage of the profits ;)

[mikebolle1] 09/5/2019 17:39

In deme's article above: "He has since asked the mining firm to surrender the tailing dams to government if there was nothing of economic value." What will government do with tailing dams?

[deme1] 09/5/2019 16:17

Is this gonna be the copper tailings deal? Glencore are our new buddy

[deme1] 09/5/2019 16:10

www.zambiareports.com/2019/03/04/govt-threatens-sanctions-mopani-waste-discharge

[sharenotes] 09/5/2019 15:59

In a few words Skipper, ‘highly unlikely.’ Here's a few more:

It wasn’t simply ii’s that bought in at the low two’s, and some PI’s took a nice slice in that price region. No doubt, some have crystallised significant gains. If they choose to get on the merry-go-round again, the ‘ride’ price will probably be lower than their exit price. If not, there are plenty more rides in the fair ground. Meanwhile, some on their respective horses still can’t fathom why the ride has gone into reverse – it’s enough to make them sick, no doubt. The merry-go-round has miraculously turned into a roller-coaster – ups and downs are guaranteed. PI’s have one advantage over the ii’s – they do not have to wait until the whole roller-coaster is sold but can make a ‘chunky’ exit during an upswing. I don’t think we have seen the last of the upswings but it does remind me of musical chairs........

[choppernoel] 09/5/2019 15:58

That error on the RNS has still not been corrected. Take some pride Leon. How can it take so long to correct and report the correct number? It's the principle of the matter that counts. You truly are an idiot.

[lostabillion] 09/5/2019 15:42

I’m going in for a few more ;-)

[kryptonsnake] 09/5/2019 15:35

Shorts going well

LOLsss

[deme1] 09/5/2019 15:27

Bullster

How does your DCM PGM calculation work?

Is it how much they get from refining the tailings or is it how much they can process from the ever growing PGM stockpile?

[bullster] 09/5/2019 15:22

PROJECT
COMMISSIONED
ELEMENT
QTY PER MONTH
STAKE
GROSS EARNINGS


PLATCRO







PLATCRO
YES
CHROME
6,500 T
100%
£450,000


PLATCRO
YES
PGM
2,800 ONZ
75%
£945,000


HERNIC
YES
PGM
2,500 ONZ
100%
£1,125,000


DCM
2020
PGM
835 ONZ
100%
£380,000


DCM
YES
FINE CHROME
8,000 T
50%
£180,000


KABWE
Q1 2020
LEAD
1,250 T
87.5%
£826,328


KABWE
Q4 2019
ZINC
680 T
87.5%
£675,920


KABWE
Q4 2019
VANADIUM
125 T
87.5%
£1,343,672


TJATE
PENDING
PGM MINE
SALE or JV
63%



.







.



MONTH
£5,925,920


.



YEAR
£71,111,040


Living Document.

[boris cobaka] 09/5/2019 15:20

shares - gold looking to maybe test that $1291 area again....

[gsg] 09/5/2019 15:00

Maybe Goldibucks has bailed?

Looks like someone wanted to be out. Whoever it was their shares have been taken up.

[the skipper] 09/5/2019 14:55

2 x 700k buys and another for 1M just now at 14:46. Blue finish nailed on?

[bookwormrobert] 09/5/2019 14:50

Yep, Leon got a bit stuck on that word "significantly". But give the guy a chance - English isn't his first language.
Otherwise, it was an excellent and informative interview. Leon trailed a copper / cobalt deal in Zambia heavily, so negotiations for that are clearly quite well advanced.
I'm surprised we're down today, but that's how AIM is sometimes. The big picture is still looking very good.

[the bull] 09/5/2019 14:47

are you excited bill, wish i was more excited when i was buy at 1p