Jubilee Metals Share Discussion Threads

[aceshi] 03/9/2019 13:36

RobertI am only asking others their opinion on £ per Oz profit, as everyone is debunking MDs suggestion of £15. But I see no one is keen to stick their neck out and back up a figure with some facts. PS I guarantee that the £2 mil or so profit you suggest, will disappear in "consultancy fees" and the likes. In reality we are most likely looking at a gross profit in that ball park, at best.

[niloc4] 03/9/2019 12:58

Plat Hunter knows the municipality toilets very well. That's where he picks up all his clients for grooming at the caravan park. He has a going down special advert on the back of the toilet door for all to read.

[plat hunter] 03/9/2019 12:44

The JSE goes down more than you at the municipal toilets

[bookwormrobert] 03/9/2019 12:44

Hi AcesHi!
For audited results for financial year 7/2018 to 6/2019 you'll have to wait until November.
My expectation is that they will show a maiden profit of around 2m pounds; but that's only my best guess.
I can't imagine a more meaningless figure than what you are asking for - that is net profit divided by PGM ounce produced. Apart from anything else, Jubilee also make money from chrome...

[1madmarky] 03/9/2019 12:21

Also quite a lot of crossed out trades.

[alwaysevolving] 03/9/2019 12:21

Something brewing?

[gsg] 03/9/2019 12:12

And another 3.5m delayed trade from yesterday now showing. Totalling 9m printed today for yesterday plus the 3m printed yesterday adds up to 12m. Looks to be an II hoovering.

[deme1] 03/9/2019 12:00

Plat at $942

It has struggled to stay above $900 for the last year

[deme1] 03/9/2019 11:47

I just keep watching metals rising and JLP remaining flat.

Bizarre

[gsg] 03/9/2019 11:16

Anyone notice the succession of delayed 1m trades showing up from yesterday?

[niloc4] 03/9/2019 10:38

JSE down over 5%.

[aceshi] 03/9/2019 09:51

Due to years of experience with this company, I have zero interest in JLP's reported revenue. I am only interested in declared, taxable earnings and since we are discussing profit / Oz thought you may have a stab at an informed opinion on this. Again, I am only interested in current nett profit / basket oz, anything else is not worth the paper it's written on.

[plat hunter] 03/9/2019 09:00

He clearly has a very weak understanding of basic accounting practices and has a general ignorance of what is classed as a product cost.

[fozdad] 03/9/2019 08:46

By the way, the only dispute is whether Mdalos is too stupid to read figures or if he is deliberately misquoting the relevant figures.

Do you dispute that the reported Hernic revenue was just over £7million?

Do you dispute the reported earnings (after costs to produce, royalties and management costs) at Hernic were just over £4million?

[fozdad] 03/9/2019 08:34

Is it really? Profit at what level?

Earnings is revenue minus cost to produce, royalties and apportionment of management time, what more do you want?

[aceshi] 03/9/2019 08:18

Great. All well and good to dispute, but you still haven't given us your profit per Oz, estimate. That's what really interests us.

[nelson01] 03/9/2019 08:08

Let's hope he's too embarrassed to show his face again but I doubt it.

[nelson01] 03/9/2019 08:06

Lol.....the thick idiot really thought hisKindergarten calculations were correct.....lol, that's the kind of fool we have to put up with all day.

[fozdad] 03/9/2019 07:54

The thing is Robert, he’s been misquoting the revenue for years and we go through the same process time after time, so it must be deliberate.

[fozdad] 03/9/2019 07:44

Ok Aces, i’ll Explain why the idiot’s figures are so completely wrong as you don’t appear to be capable (I don’t know if they are deliberately wrong, or if he is just too thick to understand), quite simply, he uses the earnings figure of just over £4million to calculate a basket price of £351 per oz but he should be using the turnover which is £7 million - this gives a basket price of £671 per oz.

Then to compound matters, he deducts the costs (which have already been deducted to get to the earnings value) again to come up with the ridiculous £15 per oz profit.

Geddit?

Just as a sense check, how on earth do you explain a profit for the first half of > £750k after central costs of > £2.5 million if Hernic was only producing £85 k profit?

Ffs, use a bit of common sense



Anyone reading Mdalos posts beware, he is either too stupid to be taken seriously, too dishonest to be taken seriously or (more likely) both

Aimo of course 😁

[farkinwanca] 03/9/2019 07:40

Thank you Aceshi, your reply appreciated. Goldilocks made his intentions quite apparent. Looking back Bruce would appear to be quite a trader and Frogkid simply disappeared. Frogkid pureported to have over 5 million shares so I wonder if he was also just trading and has now moved on.

[plat hunter] 02/9/2019 20:49

Deme1.. When JLP are in talks with the Chinese and they are on a semi regular basis at the moment, it has nothing to do with Tjate.. It's ASA and DCM