Jubilee Metals Share Discussion Threads

[plat hunter] 14/10/2019 08:18

3.60 is back in the cross hairs

[undertaker] 13/10/2019 20:57

both updates now in the Header

[gsg] 13/10/2019 19:42

The scale of ERG's greenfield copper cobalt tailings project in DRC ,once again convinces me that Jubilee is in the right place at the right time.



ERG's advanced-stage construction project, Metalkol RTR, in the Haut-Katanga province will reprocess cobalt and copper tailings previously deposited in the Kingamyambo Tailings Dam and Musonoi River Valley.

The two tailings deposits host approximately 112.8mt of resources at an average grade of 0.32% cobalt and 1.49% copper. In Phase 1, Metalkol RTR is expected to produce 14ktpa of cobalt in hydroxide and 77ktpa of copper cathode. Production started in the fourth quarter of 2018. Completion of Phase 1 commands a total capital investment of approximately $650m, which has been secured through a financing package with a Chinese consortium including EPC contractor China Nonferrous Metal Industry's Foreign Engineering and Construction Company (NFC). A subsequent expansion, Phase 2, may increase production to an average of 24kpta of cobalt and 120kpta of copper.

[mikebolle1] 13/10/2019 19:33

Kenny52, very true. I am also one for fundamental- before technical analysis. But the beauty about technical analysis (for me) is that lately, more people are watching only the charts and they all see the very same scenario at play. Technical traders do not care what drives (or causes) the pattern. They also tend to act collectively on these set-ups, and that makes it easy to predict market movements. E.g. when a cup-and-handle pattern provides confirmation of a bullish movement, the technical traders will enter in concert, thus pushing the price upwards. When they exit, also at a predetermine level, they will push the price down again. They argue that the fundamentals are in the price-action, not the other way around.

[plat hunter] 13/10/2019 17:20

Listened that podcast 3 times now... best one yet made me think about the Eland deal with Northam.Very clever, Northam get paid to watch a sales pitch and demonstration.

[kennyp52] 13/10/2019 08:03

Cup and handle eh ... sure it’s not just the fact they might be making a profit for the first time that is starting to rev this share price ?

[mikebolle1] 13/10/2019 07:57

I normally don't work on Sundays but I am bored. There is a clear cup-and-handle pattern completed on JLP, not perfect though. The formation of the cup goes back to mid Jan 18 and completed 08 May 19. The handle was completed early Sept 19. This is a bullish reversal pattern so, let us set back and see... good luck all.

[undertaker] 12/10/2019 09:35

will add both later this weekend.

[deme1] 12/10/2019 09:10

can we have a copper spot price chart added to the header.

[sleveen] 12/10/2019 09:01

Hi Undie,

Would you add the sharetalk podcast to the header please?

[plat hunter] 11/10/2019 22:16

How much did Aces sell half of his fantasy holding for, about 2.20?It's a good job he kept half... phew! That was almost a bad call

[plat hunter] 11/10/2019 20:31

I think the best analogy here is intensive farming...

[plat hunter] 11/10/2019 19:39

I've missed all this today as been busy.. I'll catch up over the weekend.I had my fingers crossed for breaking 3.40 though

[plat hunter] 11/10/2019 19:37

From where this was Kenny.. It's been miraculous

[kennyp52] 11/10/2019 18:16

Anyone would think the company has been very successful ... the only way to measure success in business is profit . It’s a bit cringeworthy if the financials come out and there is no maiden profit . I cannot see someone stating all this unless they know they are “growing earnings” leading to profits .

[1madmarky] 11/10/2019 17:57

Yes :-) that's pretty damn big!

No guarantee that it will lead to anything but we are certainly starting from a favourable position.

[gsg] 11/10/2019 17:34

"We are getting backing from government, the Zambian government, to review their waste portfolio in the country"

[goingforarun] 11/10/2019 17:30

What’s next!

[deme1] 11/10/2019 17:10

a nice rounded bottom forming again

[adejuk] 11/10/2019 17:06

has the worm turned?

[deme1] 11/10/2019 16:19

How much did Goldi get for his shares again?

Onwards and upwards

[sleveen] 11/10/2019 15:52

irony

do you not see the PMSL?


"the expression of one's meaning by using language that normally signifies the opposite, typically for humorous or emphatic effect"

[eblitz1] 11/10/2019 15:51

Sleveen
I'm surprised you have suggested a placing,
for what and why as they have just stated that they are near funding their own expansion

[fozdad] 11/10/2019 15:46

I'd be very disappointed with Kabwe if it doesn't