Jubilee Metals Share Discussion Threads

[plat hunter] 23/8/2019 15:30

Cheers Undie... Much app'

[sleveen] 23/8/2019 15:16

1MM
"Agree with other poster that we've probably been leaned on but the copper is only 3000tpa so small really."

Broadly agree, as we now know from today's proactive interview, Cu material has been sourced.

How many (hundreds of)thousands of tonnes of that material will it take to produce the 3kt Cu?

So perhaps bigger than at first look?

[aceshi] 23/8/2019 15:06

GFR I'm always hoping for something positive and deliverable, that we haven't anticipated. We are well overdue some bankable jam.

[frogkid] 23/8/2019 15:02

Shall I tell him or will someone else?

[niloc4] 23/8/2019 15:02

Plat Hunters clients demand discounts when he can't get it up at the caravan park.

[niloc4] 23/8/2019 15:00

Jubilee share price has the same problem as the can't get it up problem that Colin and Leon have.

[sharenotes] 23/8/2019 14:44

The ornithologists with be looking for doves and hawks at the Jackson Hole symposium today. I wonder if the following will in any way resemble the presentation to be given by Jerome Powell (Fed Chair) at 3:00 pm today:

[deme1] 23/8/2019 14:15

With regards to Leon wanting to get more II backers.

We have seen in the past that the only way they will get involved is with big share issues. The II's will not buy on the market so the only way to get more on-board with the volume of shares that they would like is to have a placing for a new asset or material.

IMO

Gla

[sharenotes] 23/8/2019 13:43

deme1,

Now that there are some ‘players’; backing JLP, Leon can’t be seen to be offering GLR favours at the expense of shareholder value.

Goldi,

It all makes sense now - enjoy the cheese and crackers!

[goldibucks] 23/8/2019 13:43

The reason for the extra posts is it’s Bank Holiday Friday and I have my feet up on the Presidential coffee table. Just enjoying another mispriced RNS reaction and wishing I had some more shares to sell.

[goldibucks] 23/8/2019 13:39

“I wouldn't be surprised if Goldi was the pi that bought the 1.3m before and that's why he's increased his negative posting since”. There is a big fat zero in my dealing account. I’m cashed up and ready for Brexit.

[deme1] 23/8/2019 13:37

curious to see what this copper deal is.
I am still adamant that there will be a placing to buy large copper tailings!

[deme1] 23/8/2019 13:36

so looks like Leon is ready to play hard ball over the star zinc JV

[call me a cab] 23/8/2019 13:30

He defo sounds desperate

[sharenotes] 23/8/2019 13:29

freedom,

I doubt that very much – if it’s indeed Goldi, then the cheese may have finally slid off his cracker.

[freedom97] 23/8/2019 13:16

I wouldn't be surprised if Goldi was the pi that bought the 1.3m before and that's why he's increased his negative posting since, hoping he can buy another 1.3m+ at similar price. I remember in the past he did the same when buying 100k & 200k batches. Then once got the shares he wanted, goes positive in his postings. Check his history and you will see what I mean.

[1madmarky] 23/8/2019 13:15

Shares- my view too.

[sharenotes] 23/8/2019 13:12

When you juxtapose Colin’s and Leon’s comments reference GLR, there is significant difference. Possibly an insight into who is now calling the shots at JLP.

It should also be noted that Leon indicated the copper feed is already secured. With the delay in bringing on the other metals, it may be reasonable to assume that there is more to this story than is currently in the public domain. One to watch, no doubt.

[goldibucks] 23/8/2019 13:10

“Will Goldi keep posting even though he is not a shareholder?” Do you have to hold shares to have a view?! :-)

[goldibucks] 23/8/2019 13:08

Will Kabwe earnings mirror DCM? Ramp up, 1-2 decent quarters, gradual fall in earnings, circuit upgrade for third party ore, third party ore processing put on hold, losses reported, fine chrome circuit upgrade, losses attributable to JLP increase from H2 18 to H1 19 disguised by what could end up being one excellent quarter from Windsor Chrome. Why will Kabwe be any different to DCM? Could it end up being a lot like DCM but on a much grander scale?

[deme1] 23/8/2019 13:04

Will Goldi keep posting even though he is not a shareholder?

[goldibucks] 23/8/2019 13:00

“first production of zinc and vanadium targeted for Q2 2020”. Will there be a quarter when JLP gets 100% of Hernic AND makes money from Kabwe or will Kabwe less the 11% royalty less 40% Zambian tax just offset the 85% Hernic share kicking in? Will Kabwe just ensure JLP staff get paid or will shareholders get dividends to compensate them for the significant operational and commodity risks they are taking? Will the cash Kabwe generates fund future projects or will it be used to pay interest, operating costs, tax and circuit upgrades?

[1madmarky] 23/8/2019 12:59

So, underwhelmed but it is still progress.

[1madmarky] 23/8/2019 12:57

In the pro active interview- very non committal wrt star IMV.

Cu ~$18m pa of revenue- so ~$3m pa earnings?

Not much, and it delays the V