Jubilee Metals Share Discussion Threads

[1madmarky] 22/5/2019 07:28

Interesting that a bit of potential honesty being posted on the glr thread ... pump and dump. A trader being open about how to make money on AIM.

[choppernoel] 22/5/2019 05:49

If the share price is only 5.4p by the end of Q3 2019, I will really be surprised.

[goldibucks] 21/5/2019 21:24

"You keep forgetting that JLP has to report on its Group/umbrella operations & finances"

"Group/umbrella & finances" are admin and finance costs in the statutory Profit and Loss. I used half of the £2.662m admin costs from the interims and 12% of the Platcro Chrome debt (fully drawn) and ACAM loan notes (assumed to be drawn from Q3 19) to calculate interest in my project earnings to profit before tax conversions.

Taking the last reported project earnings, converting it to profit before tax using a reported admin cost run rate with finance costs based on debt and interest rates from RNS announcements, and then assuming that either carries on happening or goes up when a new earnings stream is due to be added is not a false perception.

The proof of the pudding is in the eating so let's see if I'm right. Jubilee will report £4.2m of project earnings by Q3 and the share price will increase to 5.4p between now and then.

[deme1] 21/5/2019 20:05

Big trades changing hands.

10 bags on its way.

PS Theresa, what have you done!

[gsg] 21/5/2019 16:19

His view is interesting, given that Nicholas Lee is one of the two executive directors at Riverfort. His role being Investment Director.

[sleveen] 21/5/2019 16:11

essentially it's saying JLP are now investment grade.

[deme1] 21/5/2019 15:22

Yeah i think you need to be a member and logged in to see it.

[gsg] 21/5/2019 15:15

deme, It shows up in Google search but just directs to the Proactive home page. Weird.


Search Results
Story image for investment-director-believes-recent-fundraising-has-clearly-de-risked-investment-in-jubilee-metals-220620 from Proactive Investors UK
RiverFort Global Opportunities' investment director believes recent ...
Proactive Investors UK-20 May 2019

Posted 23 hours ago

[deme1] 21/5/2019 15:02

www.proactiveinvestors.co.uk/companies/news/220620/riverfort-global-opportunities--investment-director-believes-recent-fundraising-has-clearly-de-risked-investment-in-jubilee-metals-220620.html


cant see it, i think you have to be a member of proactive investors

[sleveen] 21/5/2019 14:00

Goldi,

I wouldn't bother explaining, madloss doesn't know one end of a set of accounts from the other.

[choppernoel] 21/5/2019 12:52

Timelines....Thats Leons problem. Honesty is not one of Leons or Colins strong points.

[kryptonsnake] 21/5/2019 12:36

Galileo outperforming Jubilee over the last few weeks

Won't be long before WRES takes over again


LOLsss

[aceshi] 21/5/2019 12:26

The proverbial JLP jam can on its way down the road. This company continues to struggle with timelines on the delivery of projects, both on the ground and when it comes to communication and marketing. If we are to achieve a substantial and sustained share price rise, management will need to shake up certain policy.

[choppernoel] 21/5/2019 11:41

Platcro pgm to start May 2019 or June 2019. I'm sure in June 2019 they will say July 2019 or Aug 2019. The DCM platinum.....NOTHING SAID.....imminent/in due course/due shortly/soon

[1madmarky] 21/5/2019 11:12

Boris - thought they'd bought diesel generators to mitigate load shedding... I might be wrong.

[scrappycat] 21/5/2019 11:02

Looks to me like the MMs are trying to create a 3.2 ish price for their Hierarchy friends again, and are hoping for a few sellers at 3.15 to maintain their margin. Could be wrong, of course, but that 250k deal looks a wee bit suspicious IMHO.

[boris cobaka] 21/5/2019 10:07

Thanks guys.
It looks like it'd only be load shedding that could impact performance then.

[sleveen] 21/5/2019 09:52

JLP produce PGM concentrate from physical separation processing , no need for any smelting or smelters.

[mreyeguy] 21/5/2019 09:42

JLP investors selling up and investing in GLR ! Another blue day for that stock

[plat hunter] 21/5/2019 08:29

Misread your post Boris, before i replied... MM1 answered much more succinctly and accurately

[plat hunter] 21/5/2019 08:28

I don't think so... Whilst it will effect the production and revenue, it will undoubtedly impact the recovery of the project capital and unless I'm mistaken delay the loss of the current profit share.The way the Hernic deal is structured means that JLP financially benefit in the long run from a project under delivering on the return of capex and project interest.

[goldibucks] 21/5/2019 07:17

The Shard note from 21 March is now on the JLP website.

hxxp://jubileemetalsgroup.com/wp-content/uploads/2019/05/Shard-JLP-21-3-2019.pdf

[1madmarky] 21/5/2019 05:55

Don't think we use their smelter for anything. But it might give them a little motivation to do a deal with us wrt installing a fine chrome plant... every penny helps. :-)