Jubilee Metals Share Discussion Threads

[nelson01] 05/11/2019 17:02

The imbecile has been wasting his life while we are all making lots of money...lolls

[lostabillion] 05/11/2019 16:42

JLP is now a sitting duck for a takeover, most likely a Chinese buyer!

Update still to come this week from Leon plus Colin’s investor chat in Mayfair on Thursday.

I maintain my thoughts that we’ll hit north of 10p by year end and north of 20p by June 2020.

The growth is staggering!

[mutley walters] 05/11/2019 16:37

How did you get on with your short at 3p?

[kryptonsnake] 05/11/2019 16:34

This is going to do the downward dog next week

Jubilee has spent too much cash and will need to place this year

3p target


LOLsss

[billyboy2fromiii] 05/11/2019 16:07

Bullster,

Ive just read their report and your figure seems fair. So on that basis 9000 t per month equates to approx $1.08m per month so a payback period of 14-15 months?

BB2.

[bullster] 05/11/2019 15:46

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I am getting $120/t from Tharisas recent results, cut back a little because of recent price weakness.

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[adejuk] 05/11/2019 15:36

i know nothing
but this is a vg co to invest in.

[billyboy2fromiii] 05/11/2019 15:31

Bullster,

That should read £40 per t.

Regards, BB2.

[nelson01] 05/11/2019 15:27

It will be interesting to see how much production of pgms and chrome ramps up now that Jlp own the lot....I think Leon may have played it very cute over the last year or so.

[billyboy2fromiii] 05/11/2019 15:25

Hi Bullster,

Can you tell me where you are getting your $120 and $130 sales price for chrome concentrate from. Comment over on LSE is that it is only $40pt.

Thank you, BB2.

[adejuk] 05/11/2019 15:25

on that basis there is no reason to doubt 10p by spring.

[adejuk] 05/11/2019 15:22

it would be nice to have some audited £

[adejuk] 05/11/2019 15:21

agree plat. the future is bright. 2 more years and mid-cap :-)

[plat hunter] 05/11/2019 15:14

5 million for the PGM material and 16 million for the chrome tailings.So i make that 21 million, paid out of cash and cashflow over four months. No debt and no placings I think we're earning a lot more month on month than people actually realise.

[adejuk] 05/11/2019 15:11

traders all over this ?

[sleveen] 05/11/2019 14:59

Just got in from work and seen the RNS.

Looks like last week's Hernic acquisition for $5m WAS too good to be true as many had noted.
Now for a proper read.

[bullster] 05/11/2019 13:34

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Thanks Goingforarun, i have amended.

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[goingforarun] 05/11/2019 13:16

Bullster, it’s 3 months not quarters?

[bullster] 05/11/2019 13:11

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£12,713,310 to be paid in 3 installments

£4,237,770 per month

Don't forget that JLP will regain the 85% share of the pgm's, that was due to be given away and would be worth £1.1m per month at current levels.

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[alwaysevolving] 05/11/2019 12:04

Deme, if you just change the xx to TT your links should work. Shame for peeps not to read these finds.



That being said, this one made me laugh!

[nelson01] 05/11/2019 11:41

If you just stop and think for a moment about the growth of this company ove the last three years it’s really quite incredible....if you look back to the seventies and what happened to the share price of mining companies Jlp would already be 20p plus on forward earnings. I remember back in 2010 being involved in a company that’s share price five folded in two weeks and they didn’t even make a profit

[nelson01] 05/11/2019 11:34

I feel sure that 2020 will bring a deal for Tjate.