Jubilee Metals Share Discussion Threads

[choppernoel] 01/7/2019 17:49

greenelf becomes brownelf after plat Hunter pulls greenelfs head out of the back side of Colin at the caravan park.

[deme1] 01/7/2019 16:05

metals doing well

[bullster] 01/7/2019 16:05

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Just sent an email to Northam.

Investor & media relations: Email: [e-mail]

Hi Leon,

Now that processing of Eland mine tailings has commenced, could you tell me if it is Jubilee Metals or Northam or a mix of material. Any other information on schedules and quantities etc. would be appreciated.

Best regards.
Bullster.

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[sleveen] 01/7/2019 15:57

Thanks Bullster.

[bullster] 01/7/2019 14:25

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sleveen,

When Glencore put Eland mine on care and maintenance the tailings dump or "tailings storage facility" would not have been empty, and is capable of holding 100mt of tailings. Whatever amount of tailings that remained in the dump is now receiving tailings from Platcro.

Platcro was set to supply 60ktm of tailings, yet the capacity at Eland is 250ktm, Northam have commenced using the dump but is not clear if it's their material, Platcro material, or a mix. I did go into Glencore's production statements for years prior to C&M and from memory i think it was 50k pgm ounces per month that was regularly produced from the concentrator.

Mining at Eland is only set to commence in 2020, so there will be no fresh tailings to the dump until that date.

The lack of a RNS is baffling.

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[scrappycat] 01/7/2019 14:03

In the income sources, I think GLR was missed. This seems a certainty in the very near future given Colin's interest in JLP, and the relative ease of extraction.

[choppernoel] 01/7/2019 13:41

What's gone wrong Leon that you have not updated platcro pgms status? I'm shocked that u can't see what causes the share price destruction of jubilee. What a disgrace that shareholders have not been updated.

[greenelf] 01/7/2019 11:47

Chopper the loser still whining away here?? Get a life.

[goldibucks] 01/7/2019 10:50

“Goldi, surely Platcro PGMs will be a fourth material earnings stream?” I don’t count DCM. It’s been rubbish for a long time and loss making for several quarters. Shard have noted that earnings for DCM fine chrome won’t be that material even when ramped up.

[fozdad] 01/7/2019 10:38

Goldi, surely Platcro PGMs will be a fourth material earnings stream? DCM fine chrome, Hernic PGMs, Platcro chrome and now Platcro PGMs.

[choppernoel] 01/7/2019 10:30

Leon, what's happening at Platcro pgms?

[sleveen] 01/7/2019 09:10

Direct link to 1MM/The Weebles post.




Does this mean the JLP project:

"...Processing of the tailings storage facility at Eland mine has also commenced, which facilitated recommissioning of the surface plant and associated infrastructure..."

[sleveen] 01/7/2019 09:09

just a note of caution: production capacity does NOT = production.

[gsg] 01/7/2019 08:38

The next financial statement should be interesting, given what Leon had to say on the 5th June.

Jubilee Chief Executive Leon Coetzer said: "Adding 30,000 ounces per annum of PGM production capacity to our existing 30,000 ounces is another huge milestone for Jubilee and should significantly impact our financial performance especially with PlatCro PGM producing in the low cost quartile. This is in addition to PlatCro chrome operation, acquired in January 2019, which is already contributing to company earnings ahead of projections.

"Alongside the positive increases in chrome and PGM processing, production at our DCM fine chrome project also continues to ramp up in-line with expectations."

[1madmarky] 01/7/2019 07:58

A little Northam news. Previous posted on lse by TheWeeble
hxxp://www.northam.co.za/investors-and-media/1180-northam-approves-kukama-project-at-eland-mine

[goldibucks] 01/7/2019 07:44

“Processing of the tailings storage facility at the Eland mine has also commenced, the miner said.” The risk for Jubilee getting their PlatCro tailings processed by Northam was Eland not getting re-opened. That risk has gone, the tailings will be getting processed and JLP will be bolting on a third material earnings stream in Q3.

[choppernoel] 30/6/2019 15:18

Tomorrow is the start of Q3:2019. Anymore "new promises" you going to make to the current shareholders and other potential new investors Leon? The repeat cycle will start tomorrow. Trying to work out the date of the rinse cycle.

[choppernoel] 29/6/2019 13:16

I wouldn't call it a perfect storm. I would call it a perfect CON Roast, run by tweedle dee and tweedle dim.

[aceshi] 29/6/2019 12:03

Nope, selling on the spikes.And contrary to your suggestion, I took another punt on Bitcoin with the funds from my cashed in JLP shares. Sold off this week and made almost 300% in less than 6 months, that's nearly 600%in a year. Only bummer is I didn't dump my entire JLP holding. And you still harping on about the "perfect storm" happening at JLP. We'll all be in a hole in the ground long before you make anything like those returns on this dog LOL

[plat hunter] 29/6/2019 11:25

Sir...Wheat :-)

[bullster] 29/6/2019 11:02

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P.H.,

Over the past 10 days $ increases to the basket price have come from:

Rhodium $9
Platinum $8
Palladium $2

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[plat hunter] 29/6/2019 10:49

It was Aces... he's only got 400k left now

[plat hunter] 29/6/2019 10:47

Nice bullster... decent pall and rhodium prices feeding through again.

[bullster] 29/6/2019 10:44

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PRILL

PLATINUM = 49%, @ $834 = $409
PALLADIUM = 40%, @ $1516 = $606
RHODIUM = 9%, @ $3150 = $284
GOLD = 2%, @ $1409 = $28


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
20/06/2019 = $1,308
30/06/2019 = $1,327

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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