Jubilee Metals Share Discussion Threads

[1madmarky] 14/11/2019 14:29

I'm with you plat

[scrappycat] 14/11/2019 14:26

This deal would, in all likelihood, have been negotiated some time ago, when the price was in the 3p range. For all we khow, it could have attracted a premium.

[littlepuppi7] 14/11/2019 14:22

Guys move into ALTN now.. Chart to die for, not had a jump yet and will be the next gold multibagger... L2 perking up and looking good for a significant rise.

Targetting 100,000 oz gold production, finance in place.. 10m mkt cap!

[sleveen] 14/11/2019 14:19

The Skipper

The insiders will not be able to trade the stock until 21st November.

"Application will be made for the Placing Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will become effective on or around 21 November 2019."

[marmar80] 14/11/2019 14:15

I know, it could be worse, like 3 or 2p, but still they should be proud of own company and shareholders and in the current good environment try rise some money but at premium.

[aceshi] 14/11/2019 14:14

Losta rowing for his life but going backwards. Fast as he buys shares, management issue them.

[juju44] 14/11/2019 14:11

It’s a good placing. I am happy with it

[aceshi] 14/11/2019 14:11

In house job...... mates rates

[marmar80] 14/11/2019 14:10

Agree. Never understand placings at discount when share price is on the way up and revenue is rising.

[marmar80] 14/11/2019 14:09

Why the hell placing at discount when share is nicely rising?! 4.5p and would be easily taken.

[niloc4] 14/11/2019 14:07

Leon shows zero loyalty to shareholders. He's a disgrace

[cernunnus] 14/11/2019 14:04

Mates rates platt

[rescuer] 14/11/2019 14:03

it's in the price now Plat,

onward and upward.

[plat hunter] 14/11/2019 14:02

"This placing which was significantly oversubscribed"Should have been for 5p then

[1madmarky] 14/11/2019 14:00

It would make sense, else they are just wasting capacity and increasing costs in the PGM extraction process

[aceshi] 14/11/2019 13:58

And there it is, like clockwork, can't deny we told you so. Making all this cash but still continue diluting their shareholders. 5p this afternoon LOL

[robers98] 14/11/2019 13:50

1MM report on Windsor would seem to tie into the recent broker note where nameplate capacity is much higher. I think they will have been setting up for fine chrome to be implemented asap.

[cernunnus] 14/11/2019 13:48

So we are worth around 5p. I will go with that until next set of results. I am just wondering what are we squireling away the $50k for?

[the skipper] 14/11/2019 13:46

Well I was not expecting that but the placing was over subscribed and those who were taken 'inside' for it are now allowed to trade the stock and clearly buying with a vengeance since the announcement, so let's just let it rise shall we? The dilution is pretty small at today's market cap after all.

[scrappycat] 14/11/2019 13:46

JLP's stated aim is to be a mid cap company, and it seems there is no reason why it will not succeed in that aim. That being so, an additional 100 million shares is peanuts.

[sharenotes] 14/11/2019 13:45

Good call, sleveen. I think I did comment "reasonable assessment," at the time.

[1madmarky] 14/11/2019 13:44

Price holding up very well

[the bull] 14/11/2019 13:42

More acquisitions to come so based on yet another share issue now, I ain't buying any more. Would have been nice to have been offered the opportunity to participate at 4p. Maybe 7p/10p is a long way off

[1madmarky] 14/11/2019 13:41

"We expect to continue on this growth trajectory with the further addition of our chrome and PGM rights at Inyoni and the roll-out of our fine chrome solution which precedes our Zambian based Kabwe project"

So fine chrome expansion in short order

[robers98] 14/11/2019 13:40

Says oversubscribed so we will now find out who wants more. Price holding above placing price.