Jubilee Metals Share Discussion Threads

[undertaker] 17/7/2019 08:24

I've been steadily drip feeding funds into ETF PPLT on Amex every month for my plat exposure... hopefully it will explode one of these days!

[frogkid] 17/7/2019 07:48

Mind you. I've been baffled by JLP share price also !

[frogkid] 17/7/2019 07:03

I have been baffled by the Pt price for some time. Been buying some physical also Something not quite right ...

[1madmarky] 17/7/2019 06:09

Good to see investment demand picking up. Supply/demand balance continues to edge towards demand just need a little problem on the supply side and off to the races we go... fingers crossed.

[plat hunter] 16/7/2019 14:12

Not withstanding that XTR retain 33% of net profits from the SPV. XTR however also appoint the contractor to the SPV which is clearly a cost to the project and does not impact XTR with much front end capex.

This is a debt deal... JLP will be hired to build a turn key solution by the SPV with debt and costs recoverable from production prior to any met profits being passed along to XTR.

Sounds like Hernic to me.

[lostabillion] 16/7/2019 12:49

My thoughts once again TBTT on LSE.
I'm still open-minded about Colin Bird's Xtract Resources copper deal. Certainly, before putting money in I'd need to know more about the concentration of ore that they can achieve. If they can't get to a decent % of copper in their concentrate, then the transport costs will kill them.
All that said, I reckon Colin Bird's chances of success with Galileo Resources and the Star Zinc project are pretty good, as long as they can get the small scale mining licence that they need without too much delay.
I wonder how many more projects will Colin try and piggyback onto Jubilee's Sable deal?
I also wonder how long it will be before the market realises what Colin has clearly realised - that the acquisition of Sable is a big deal, and a very good opportunity to make a lot of money!

[1madmarky] 16/7/2019 08:37

They have been screwed over to some extent. So do you put in place the same conditions for the next operator or do you mix it up a little. Personally I would not want us involved with the Chinese. Our IP / knowledge would be freely available to all other Chinese companies within hours IMHO.

[gsg] 16/7/2019 08:23

MM, I'd not thought of the possibility that they might in some way split off the tailings, if the asset gets taken from Vedanta.

[gsg] 16/7/2019 07:48

MM, The Konkola case goes before a South African court today, with Vedanta arguing that the liquidation process is illegal.

It appears that the Zambian government have lined up China's CNMC to take on the asset, as they have been doing their due diligence on site.

The outcome will be interesting.

[1madmarky] 16/7/2019 07:33

GSG - I certainly agree, other than I feel a deal is possible, but probably not just now. Unless of course, the Zambian government have us in mind

[gsg] 16/7/2019 07:06

undertaker.

There was a chance that JLP's next copper/cobalt project would have been the Konkola tailings owned by Vedanta. With Vedanta getting the boot from Zambia that would seem to be dead.

The article also argues that Vedanta have been culpable for their own downfall in Zambia and that their situation is not down to Zambian imposed taxes, but by Vedanta fleecing Konkola through inter-company loans. (In truth it is probably a combination of the two). Given that Jubilee are making Zambia a major priority for their business, it seemed relevant.

[kryptonsnake] 15/7/2019 21:00

Platts is more of a sausage shaker


LOLsss

[kryptonsnake] 15/7/2019 19:23

Is that 'Well Done' for being a BMR shareholder? Because they will outperform Jubilee when they relist


LOLsss

[kennyp52] 15/7/2019 19:22

Plat ... flipping eggs and burgers more up your street pal .

[plat hunter] 15/7/2019 18:36

Very small steak place but we'll only be serving BMR investors.It's going to be called 'Well Done'

[kryptonsnake] 15/7/2019 18:08

Is it going to be a very small restaurant called roosters?


LOLsss

[plat hunter] 15/7/2019 17:47

This little share is going to fund my new restaurant.

[lostabillion] 15/7/2019 17:31

You and I are going to do very well out of JLP Frog.

I too am chuffed at the share price not accelerating away just yet. It will come end of this year if not before.

[frogkid] 15/7/2019 16:52

Should be freeing up a few big this week so low 3s is good for me. OMG starting to sound like lostalot