Jubilee Metals Share Discussion Threads

[gsg] 11/6/2019 11:37

FFS Bullster, Everyone gets that.

The point that peeps are trying to make, and you'r not getting is that tailing dams everywhere are coming under increased scrutiny. There's no harm in investors getting excited about that, given it is Jubilee's business.

No one is saying that Jubilee will be in line for every tailings resource. Most will be unsuitable for physical reasons or unavailable for commercial or political reasons.

[scrappycat] 11/6/2019 10:17

If not already there, I imagine JLP are fast approaching the point where they can be very picky with projects they take on. Difficult/risky ones will surely be avoided.

[bullster] 11/6/2019 10:03

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Know your tailings dams.

Don't talk B.S..









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[kennyp52] 11/6/2019 09:34

Yep the share price will go nowhere until we get proper confirmation of profits . Until then we will have to endure your posting Choppernoel ?

[kennyp52] 11/6/2019 09:32

SP looks reluctant ... going to need some proper confirmation of profits for the market to get behind it .

[bullster] 11/6/2019 09:29

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Why dangerous tailings dams can't be worked.






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[1madmarky] 11/6/2019 09:24

Good to see the increasing coverage

[choppernoel] 11/6/2019 08:56

Less than 3 weeks left Leon for platcro pgms to start. Waiting for your choice of English words that you will use describing the further delay in the Platco pgm

[deme1] 11/6/2019 08:47

hxxp://www.daily-mail.co.zm/jubilee-gets-interim-approval-on-zinc-project/

[choppernoel] 10/6/2019 20:16

Jubilee share price upward movement has the same problem KennyP52 has with his rooster. It's always lame, limp and going down. Kenny's limp biscuit is causing a cash flow problem for himself at the caravan park.

[gsg] 10/6/2019 18:55

deme.

All tailing dams carry risk, and Jubilee are in the tailing dam business. The only reason Jubilee get the opportunity to exploit them is because they are all liabilities to their owners.

DCM tailings dam was a basket case before Jubilee came in and enhanced its structure.

On a world scale Kabwe is the most toxic place around. Jubilee's role is to leverage their expertise in this niche for our financial gain.

[kennyp52] 10/6/2019 18:18

I’d rather JLPs share price go up

[deme1] 10/6/2019 18:09

Id rather JLP stay well clear of these "High risk" dams.
We do not need the liability of something that could wipe us out in an instant.

IF and its a BIG IF, these companies want our knowledge then JLP have my permission to sell them the plant specs and processes with an ongoing royalty of the profits. Then these big companies can keep the liability their end, profit from their waste whilst passing some cash our way :)

[bullster] 10/6/2019 17:43

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GSG,

These large tailings dams that are in danger of collapsing will require extensive shoring up to stabilize them.

It's a massive job and will take years.

It's a massive engineering job, even before you drain and treat the water.

These problematic dams have been allowed to grow because it was too costly to drain and dispose of the toxic water.

Water retention is the problem.

You can't treat a quagmire of tailings.

If you think they are going to let someone go digging around when a good downpour could wash everything down the hill and kill everyone, you're mad.

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[gsg] 10/6/2019 16:58

Bullster, I respectfully disagree.

Many of these tailings dams can be accessed and their contents reprocessed for profit with immediate effect.

The best example of this is JlP's old asset at Leinster. The recent BHP report classifies these nickel tailings as at very high risk of failure. Jubilee provided BHP with a full risk assessment and a plan as to how to generate revenue from reprocessing those tailings. I believe Leon spent four years perfecting the process.

When BHP realized the potential they re-appropriated the tailings with immediate effect, however the real point is that like many of these tailings dams they can be exploited for short term economic potential.

[bullster] 10/6/2019 16:50

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PRILL

PLATINUM = 49%, @ $806 = $395
PALLADIUM = 40%, @ $1371 = $548.4
RHODIUM = 9%, @ $2720 = $244.8
GOLD = 2%, @ $1327 = $26.5


PGM BASKET PRICE PER OUNCE

12/12/2018 = $1,120
07/01/2019 = $1,155
31/01/2019 = $1,185
13/02/2019 = $1,184
26/02/2019 = $1,291
02/03/2019 = $1,292
20/03/2019 = $1,356
29/03/2019 = $1,238
01/04/2019 = $1,245
17/04/2019 = $1,238
26/04/2019 = $1,267
30/05/2019 = $1,176
10/06/2019 = $1,215

All calculations done on the lower "bid" price from Kitco charts in the header.
Figures should be used as a yardstick of price movement, only.
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[bullster] 10/6/2019 16:21

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We shall overcome the dust problem by hydro mining.

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[bookwormrobert] 10/6/2019 14:46

Yes, I know that the Kabwe tailings aren't a dam, just several huge piles of waste material.
A lot of the pollution problem in Kabwe town is from micro-dust from the fumes of the mine's old lead smelter. The World Bank paid for some top soil to be stripped and buried a few years back, but really the whole town needs to be stripped.
However, that said, dust blown from the tailings, illegal artisan mining of the tailings, car and motorbike racing over the tailings (yes, it happens!), and water seepage through the tailings also contribute to the town's problems. Over the next 10 years or so, Jubilee should be able to solve at least this problem. And that would be a profoundly good thing.

[bullster] 10/6/2019 14:36

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Kabwe has no dam.

That's how the toxic water was allowed to drain into the environment.


Now do you get it ?

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[plat hunter] 10/6/2019 14:35

1.9 billion bullster just to make them safe though... im sure it goes along way in waking up more minor miners to treat their waste more responsibly. I don't doubt your technical knowledge one bit bullster but i do believe the Vale problem is beneficial to JLP's story and profile, especially when it comes to managing risk of mining operations as well as increasing their margins.

[bookwormrobert] 10/6/2019 14:30

If we are talking "notorious" tailings, then surely Kabwe has to be mentioned. It's normally included in any list of the ten most polluted places on planet Earth, and Jubilee will be helping to clean it up. (Some of the problem at Kabwe, that caused by the old lead smelter, is beyond Jubilee's reach, but reprocessing the tailings, removing the lead, and stacking the new tailings in a safe way, will make the town a lot safer for people to live in, if not absolutely safe.)
All in all, I consider that Jubilee will probably be the "greenest" investment I will ever make. Hopefully it will also be amongst the most rewarding as well.

[bullster] 10/6/2019 14:28

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These dams can't be treated for decades.

Drainage is prohibitive because of the toxicity, so you can't start work on these problem dams.

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