Jubilee Metals Share Discussion Threads

[cernunnus] 15/11/2019 09:35

Those were the days 15 minute share price delay on the teletex screen, phone broker Lol

[frogkid] 15/11/2019 09:20

I made a few bob out of Emerald myself

[cernunnus] 15/11/2019 09:06

I can remember investing in a company called emerald energy many many years ago at 3p. They used to issue shares left right and center, i sold out at £3 i think they ended up at about £8 and taken over by a chinese company. I am just saying that sometimes you need to dilute to reach your final destination, and we seem to be on the right track now just a lot of patience needed, and you never no a bit of interest from china,may really rocket the share price Now thats a thought Lol

[gsg] 15/11/2019 09:04

tel5.

Thank you for your post of the 3rd Nov.

Following up on your post, their holding in JLP is now showing as having increased to 2.34% of the funds total assets.

Big numbers.

[kennyp52] 15/11/2019 09:01

Seems that way Bullster . Thanks for bringing us back to reality !

[nelson01] 15/11/2019 08:55

I seem to remember Leon saying That our share per pgm ounce was $650 x 5000 =$3,250,000 straight to the bottom line.

[bullster] 15/11/2019 08:53

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That £6.8m placing will earn back £50m+.

We could have waited for the cash train, but that would mean losing the fines forever from current tailings operations.

Was better to get it on the fast train, before tailings dwindle.

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[nelson01] 15/11/2019 08:51

Also don’t forget the new pgm material at Windsor was not included in the 5000 ounces per month.

[frogkid] 15/11/2019 08:46

Well the market does not seem bothered

[deme1] 15/11/2019 08:37

"Next years profits should be at least 5 times more than this years so just imagine what the share price will be".


Lets just hope they do not do 5 times the dilution Nelson.


Rant over

Onwards, upwards, downwards and sideways

[plat hunter] 15/11/2019 08:35

Wasn't there a fair value adjustment last year which prevented a maiden profit?Swings and round abouts... I'm not looking to get on the board or be a family office salesman.Reported EPS and the share price is all I care about now.

[nelson01] 15/11/2019 08:35

Next years profits should be at least 5 times more than this years so just imagine what the share price will be.

[plat hunter] 15/11/2019 08:34

Wasn't there a fair value adjustment last year which prevented a maiden profit?Swings and round abouts... I'm not looking to get on the board or be a family office salesman.Reported EPS and the share price is all I care about now.

[frogkid] 15/11/2019 08:34

Quite so Nelson, and cash might still be tight. The faster a business grows the faster it burns cash. What we really need is a decent upwards run in metals prices. That would lead to massive increase in profits and greater relief on cash.

[frogkid] 15/11/2019 08:32

Thanks Bullster

[frogkid] 15/11/2019 08:32

Thanks Platty

[nelson01] 15/11/2019 08:31

That is without chrome, DCM pgms and Tjate.

[nelson01] 15/11/2019 08:29

Look....long term shareholders with relatively high averages never like placing especially at discount to the current share price but it’s obvious why they had to
Grasp the opportunity while it was there.The company is growing at a tremendous rate.
Windsor pgms alone at 5000 ounces per month is making 3 million per month, Hernic at least 1.5 million per month.Thats 4.5 million profit per month for the next financial year which could easily support a market cap of 3 to4 hundred million at the end of next year.The potential is tremendous.

[plat hunter] 15/11/2019 08:29

Inyoni Rocks Luxury safari and beach destination

[deme1] 15/11/2019 08:22

"bigger opportunities globally, that you need to get over the line"

Placing anyone!

[bullster] 15/11/2019 08:17

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Inyoni is ZULU for BIRD


codeword: about to fly

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[plat hunter] 15/11/2019 08:12

Placings are needed here for the business model, if you're still shocked by them then you still haven't quite grasped it yet.Perhaps buying up projects with 2 years life and that take 12 months to set up as well as the appointment of a second broker hasn't quite sunk on yet.This will hit 30p a share regardless of the amount of issuance.