Jubilee Metals Share Discussion Threads

[deme1] 11/7/2019 12:21

krypton

Bird has said on a latest webcast that star zinc would not be profitable if it meant they had to build a plant.

JLP have the plant and I think Colin would be happy with a 50-50 split on profits with JLP

[kryptonsnake] 11/7/2019 12:20

Why are Jubilee still working on the design process for Sable? Just proves that Leon doesn't know what he's doing


LOLsss

[plat hunter] 11/7/2019 12:17

Agree Goldi...GLR are not in a very strong position here at all and JLP's modus operandi, is no secret.I'm certainly not here to dish out favours and neither; I suspect, are the institutional Investors.

[kryptonsnake] 11/7/2019 12:16

When will Leon buy his 23 million options? Maybe after the next placing?


Why would Galileo need Jubilee to raise money. They raised recently at a fair price. The only company that does deeply discounted placings is Jubilee


LOLsss

[goldibucks] 11/7/2019 12:07

Why pay 1p?! Since JLP hold all the cards they should fund the next GLR placing at a deep discount to the current market price as the price for agreeing an offtake arrangement.

GLR are f@cked without JLP. Leon has 23m share options in JLP and has invested a decade of his life in a turnaround. If you think he will roll over on GLR so the current shareholders double their money while he’s still out of the money on most of his JLP options, you haven’t been following the job they did on BMR.

[sleveen] 11/7/2019 11:22

I'd wait for the next GLR placing to be spent and then JLP pop a cheeky bid upto 1p.

That'd value GLR @ £4m a snip; for their other assets included.

[eblitz1] 11/7/2019 10:30

Hi All
I think we will all find that the upgrades at Hernic and Platcro have already started which is probably why they were not mentioned. Normal response from our idiot Chopper

[choppernoel] 11/7/2019 10:26

why call it projects update and leave out Hernic update? It should be called SELECTED projects update.

[sharenotes] 11/7/2019 09:38

Thanks freedom

[freedom97] 11/7/2019 09:35

Good update, keep up the excellent work Leon & Team!

Here is link sharenotes tried to post, just copy and paste into browser:

www.proactiveinvestors.co.uk/companies/news/223717/jubilee-metals-updates-on-zambia-portfolio-as-it-prepares-to-upgrade-refinery-223717.html

[bullster] 11/7/2019 09:33

.
.

Kabwe in the drivers seat.

This GLR Vox interview gives some interesting figures and detail to be considered in a Star Zinc offtake agreement.




.
.

[petebarnes1] 11/7/2019 09:31

bloody hell took 3 years to get over 3p but at last

[sharenotes] 11/7/2019 09:27

Link won't post for some reason:

proactiveinvestors title:

'Jubilee Metals updates on Zambia portfolio as it prepares to upgrade refinery'

[sharenotes] 11/7/2019 09:24

Nice RNS – legacy issues of mistrust will keep a lid on the SP’s rise until the cold steel of audited figures is thrust into the heart of the market. After watching Jerome and the fawning over the Fed chairman by Congress, it is clear however, we are operating on borrowed time. If you can talk bankers speak, the plot is simply lost – it is impossible to get out of the hole created so they have simply capitulated – they are just going to keep on digging. Every cloud and all that – should be good for PMs.

[1madmarky] 11/7/2019 09:10

No mention of hernic in the update... would like to have heard all is well...

[bookwormrobert] 11/7/2019 08:58

If there are any newcomers on this message board, you should be aware that it is plagued by trolls.
A fair number of these trolls lost a lot of their money on the now delisted BMR, the former owners of the Kabwe project. Since Jubilee bought the Kabwe project from BMR, they now spread their misinformation here.
Why they blame Jubilee for their losses, instead of BMR CEO Alex Borelli, is beyond me.

[aceshi] 11/7/2019 08:33

I doubt whether BMR will ever relist, the realities of the managements deception have been exposed. As a JLP holder, I wouldn't laugh too loudly, some of the same sewer rats are involved here.

[mikebolle1] 11/7/2019 08:31

Thanks bookwormrobert. I am at work so don't have my notes with me. All-in-all a nice little update though.

[bullster] 11/7/2019 08:29

.
.

It's a priority to produce vanadium pentoxide (V2O5), as it is needed to produce acid in our acquired acid making plant (contact process), it acts as a catalyst to convert hso2 and hso3 gas into liquid (sulphuric acid).

p.s. keep your eyes peeled for a Vox Markets interview.

.
.

[deme1] 11/7/2019 08:26

Kabwe go ahead
Copper mention
All systems go

SP = MEH

[bookwormrobert] 11/7/2019 08:15

Hi MikeBolle!
No, it was always that way in Jubilee's plans for Kabwe. (And fair enough, since vanadium is the most valuable end product in $ value, followed by zinc, and with lead trailing last).
It was different in BMR's original plans, but that is a long time ago now!

[sleveen] 11/7/2019 08:15

deme1

Fair point, but these projects take 18-24 months to get to production (or never if BMR are involved).

In 24 mths Kabwe should be in full production, by then I would like another big project at the stage where Kabwe is now.

If we see 7-8p in 6 months time a placing @ 6p wouldn't be so bad to fund another Kabwe IMHO.

Hope that makes sense.

[mikebolle1] 11/7/2019 08:09

"The project targets to integrate the process over two phases with the first phase targeting the production of vanadium pentoxide (V2O5) and an intermediate saleable zinc concentrate, while phase two is targeting production of refined zinc and a lead concentrate."
I thought it was first lead and zinc, with vanadium last?