Jubilee Metals Share Discussion Threads

[lostabillion] 16/8/2019 17:13

niloc4, why do you spend every waking hour here if you don’t like the company or it’s board of directors?

You say you’re not a troll but to everyone else that’s exactly what you are.

Grow up and move on.

[sleveen] 16/8/2019 16:52

Aces

Point taken re "positive earnings" negative earning would be a loss.


madlos and krypto


Earnings are gross profit/ EBITDAG&A, something any investor would/should know.

Remind me how well are REDT & BMR doing respectively?

Oh yes they're both suspended.

I do appreciate these two "experts" commentary.

[sleveen] 16/8/2019 16:07

GSG good spot.

[niloc4] 16/8/2019 15:54

Earnings are NOT PROFITS.

[niloc4] 16/8/2019 15:52

Lostabillion....if we dont agree with u are we trolls? Jubilee share price has been Destroyed. That's fact. Earnings are profits....That's a fact. Take your head out of Leons naught.

[lostabillion] 16/8/2019 15:15

What a sad bunch you trolls are.

Not a good word to say about the company yet you spend every waking hour on the JLP boards.

Sad lives indeed.

Meeting the yacht for a 2 month stint tomorrow :-)))

[kryptonsnake] 16/8/2019 14:48

Leon said earnings are positive so don't worry LOLsss

£20 million earnings

£25 million outgoings

= -£5 million losses


This is what happens when you don't make any profits. Eventually they keep taking on more debt and doing more placings which dilutes the mug punters and puts the company at risk of bankruptcy


LOLsss

[aceshi] 16/8/2019 14:37

First question, what the hell are "positive earnings" never heard of negative ones either. I've certainly heard of losses. That's the act JLP is well versed in. But earnings are earnings and remain only that. They may prove to provide either a positive or negative return or perhaps a break even situation. Let's clear up this inconvenient truth, once and for all and stop pedaling the BS, EARNINGS DO NOT = PROFITS and never will. Earnings or takings or income mean zilch if your OCs or expenses are not proportionally structured. JLP have burned almost 90mil of shareholders cash buying and building infrastructure, to produce saleable product. To date they have NOT declared a taxable profit and it certainly has become a valid question, if they ever will. And if they don't the infrastructure they have spent your cash on, will be worth 1p to the GBP, in a firesale. EARNINGS, which JLP is renowned for claiming, is a worthless exercise, if never converted into profit. So please, stop with the rubbish, we are not all gullible fools on these boards. Audited profits or this remains the dog it's always been.

[plat hunter] 16/8/2019 14:27

Kenny, you are 100% correct. Audited Fin's are available for previous reporting periods of course. But not all here have a sufficient understanding of business to reconcile them with past achievements and forward projections

There's a hell of a lot of individuals here with very good technical knowledge but with very poor business strategy acumen.

"Too much knowledge can be a dangerous thing"

[kennyp52] 16/8/2019 10:35

Thanks bookworm ... I don’t suppose the share price can be much worse and possibly so much better if financials actually confirm positives . It just seems to me the frustration of “jam tomorrow” and very poor company PA has caused many to be very negative on anything that is announced . I have said in the past that only audited results will give us a picture of where this gamble is at .

[gsg] 16/8/2019 10:29

Amazing to think that the Tjate resource estimate in 2009 was concluded using commodity prices of US$1,200/oz Pt, US$200/oz Pd, US$1,450/oz Rh, US$400/oz Ir, US$90/oz Ru and US$900/oz Au.

[freedom97] 16/8/2019 10:21

Is Vanadium a metal?

[nelson01] 16/8/2019 09:34

Bookworm...obviously a few have sold and want to buy back cheaper.You will know when they buy back in As they will turn on a sixpence. We are probably very close to a bottom from a contrarian point of view.

[bookwormrobert] 16/8/2019 09:10

Hi Kenny!
Audited year end results will be along (on schedule) in November - if you can wait that long. They will - I am pretty sure of it - show a (small) maiden profit.
All in all, I don't quite know what has happened to this board of late. It's become almost hysterically negative. As far as I can see, Jubilee is still making progress. Sure a few projects start a few weeks late or their ramp up is frustratingly slow, but we should build that into our expectations. When Kabwe / Sable comes online. everything will look very different.
In short, "buy when blood is running in the streets"...

[kennyp52] 16/8/2019 08:56

Sleveen .. and this is backed up audited financials where ?

[sleveen] 16/8/2019 08:45

Hernic Q3 qtr @ 6000oz = £2m earnings

Windsor Chrome Q3 = £1m earnings

Windsor PGM/Kabwe Q3 = (£1m) loss

DCMFC Q3 = £300k earnings

So Q3 positive earnings ie cash of £2m generated.


No placing needed.

[bullster] 16/8/2019 08:21

.
.

GSG,

I agree, now is the best time if Tjate is to be taken.

With a new mine taking at least 3 years to bring into production and knowing metal prices seem to be moving higher over the longer period, it could be "game on" for a first mover.




.
.

[kennyp52] 16/8/2019 08:16

Aceshi ... thanks for comment . It does seem to me that this company is about 2 people “talking”; their way to another year of pay whilst not delivering anything tangible for shareholders who some to keep talking the company up but the fact is the share price reflects the profit and loss . As far as I can see they have never made any money . Has this Leon or Colin ever run a successful business where shareholders have actually benefited long term ? Just wondering before I bail

[gsg] 16/8/2019 08:09

With all this cash washing around the PGM market, Tjate must be worth a punt from someone?


"but with the PGM market flooded with cash, Muller’s attitude to using cash in the up-cycle will be under the microscope."

"Christopher Nicholson, an analyst for RMB Morgan Stanley, estimated in a recent note that of the five PGM stocks covered by the firm, total free cash generation of some R33bn was expected over the next two years."