Jubilee Metals Share Discussion Threads

[samthestaffy] 19/7/2019 12:21

Gulp 1.855 billion shares in issue,10 years ago I'm sure it was around the 200 million mark,Soon be one for every person on the planet,Share Holder value lols

[robers98] 19/7/2019 12:05

Gold prices have hit their highest levels in six years as investors brace for an interest rate cut by the US Federal Reserve and seek a safe haven amid tensions between Washington and Tehran.

The price of one troy ounce of gold peaked at $1,452.60 on Friday morning, the highest point since May 2013, with fears over the Persian Gulf standoff also driving up the price of a commodity that is viewed as a market refuge during geopolitical crises.

Gold prices have been boosted by the fall in bond yields – or the interest rate paid out by bond issuers – which move inversely to their prices. Many of the safest sovereign bonds are now negative-yielding, meaning that investors are effectively paying for the privilege of lending money to borrowers, with the upshot that gold is more attractive.

Investors also tend to buy gold, which has relatively little practical value and yields no income, in times of geopolitical uncertainty. Iran on Friday denied that a US warship shot down one of its drones in the strait of Hormuz, contradicting the US president, Donald Trump.

[aceshi] 19/7/2019 11:37

My thoughts exactly, a share price stable between 4p and 5p coupled with consistent progress on projects and we got a whole different JLP

[plat hunter] 19/7/2019 11:24

50p...They'll never see a penny of that, most costs will go to the project contractors.

[goingforarun] 19/7/2019 08:00

AcesHi, considering where the share price has been for years 10 bagging is just a dream. Happy to see this back above 4p for the moment! After that let’s see where Sable goes? Could provide strong earnings for years!

[gsg] 19/7/2019 07:57

If Jubilee were to buy the 11% Kabwe royalty from BMR, can anyone provide a rough estimate as to what the price might be?

[aceshi] 19/7/2019 07:21

Maybe 4p? But that's not even going to be back to where we were 3 years previously and a far cry from "10p" and "20p" or the "multibaggers"or my personal favourite, the"10 bagger" LOL

[aceshi] 19/7/2019 07:14

Let's see. But that's not really my point

[goingforarun] 18/7/2019 19:00

AcesHi, let’s see where we are this December?

[aceshi] 18/7/2019 13:52

There it is, sub 3 briefly. A far cry from the "4p next week" we heard about in December

[aceshi] 18/7/2019 13:47

The discussion is not quite as simple as a weaker rand equates to more profits. In the long term when infrastructure is complete and projects are maximising production, this will mostly be the case. However a significant portion of machinery and tech equipment is imported, for these projects, which raises the costs of the setup phase.

[mikebolle1] 18/7/2019 13:33

Revenue is in $ so currently we only get R14 for each $ earned. A while back we received +-R14.50 for each $. Last year it was like R15 for a $. I suppose most of the capital expenses is in dollar?

[goingforarun] 18/7/2019 13:27

US$ at 1.25 does? If revenue is in $ and expenses in R then net win?

[mikebolle1] 18/7/2019 13:07

R14 to the Dollar does not assist us much.

[kryptonsnake] 17/7/2019 22:07

BMR and WRES will have their day. Every dog does


LOLsss

[aceshi] 17/7/2019 22:01

Matters not who they outperforming. Still a dog with a mountain to climb and a route that has enormous challenges.

[plat hunter] 17/7/2019 21:14

And still outperforming WRES lol

[deme1] 17/7/2019 15:17

metals us

JLP down

Come on lassie

[goldibucks] 17/7/2019 11:50

November is when they have historically released full year statututory accounts. They said they would be producing “a more detailed consolidated operational and financial review on a six monthly period while continuing with a more frequent project update”. I interpret that as meaning a more comprehensive quarterly style review of all projects with their earnings at a project level. I assume we’ll get that before we get the full stats in November but I doubt it will be as quick as quarterly results used to get released, which was usually in the 3rd or 4th week of the following month. Maybe we’ll get some H2 project numbers in August.

[goingforarun] 17/7/2019 11:27

This is what confuses me with the 6m reporting. I thought there was nothing until November?

[niloc4] 17/7/2019 11:22

Q2 2019 out soon?

[frogkid] 17/7/2019 11:14

good idea Undie but i like to be able to load it in my car and escape if i have to!