Jubilee Metals Share Discussion Threads

[timhigginson] 18/12/2019 05:19

Plat,
I modelled this company at different levels of cpex, interest rates,profitability etc etc and the higher the rates of return and period the more the model sways to borrowing rather than equity. We got a $50m project loan facility two years ago so we should be able to get well over 100m today.
The whole key is patience, time to let the investments flourish and the cashflow to come through.
To quote Oscar Wilde "Patience is a virtue seldom found in women and never found in men".
The BOD state that the growth opportunities are limitless so we will still have plenty to choose from.
Never chase after a bus or a woman there is always another one coming down the road.

[aceshi] 18/12/2019 05:06

The share price was climbing steadily and reached 95c before the Cannon came out. 25.3% down turn, like I said,as a direct result. Typical washed up industry know it all..... It's just basic maths,Platt. As far as the English goes, I'm more than comfortable with my grasp, considering its my second language. How's your second language skills? Wombat

[nelson01] 17/12/2019 21:04

If I was krypton I would concentrate on my own portfolio instead of wasting time here.
He would be better off if he had bought a chocolate tea pot.

[plat hunter] 17/12/2019 20:56

Krypton being honest... Think there's more chance of Boris admitting that he's buying at the moment.

[nelson01] 17/12/2019 20:53

Krypton...be honest for once,how much are you down on wres?

[plat hunter] 17/12/2019 20:26

3.9 krypton... how's WRES holding up, hope you can cover your rent at the end of month? Talk about being right all the time, i told you sub .30 would come, what is it now 0.28?Perhaps cross your fingers for a Christmas miracle from BMR.Lololol lolol lol lol

[spazzeighties] 17/12/2019 20:04

I've been reading through posts on LSE and I believe all this talk about people shorting JLP is a load of nonsense. I did notice that apparently BMR watch used 5% of their shareholding in BMR to try and remove management?

Wouldn't it be great if we could do the same here and remove Colin Bird. I'd gladly throw in my 3m shares towards the cause.

[spazzeighties] 17/12/2019 19:58

As much as it pains me to say, the trouser snake has been quite accurate with some of his calls. I only hope 3.7p does hold otherwise I too see it going much lower.

[plat hunter] 17/12/2019 19:19

Maths as well as well as language not your strong suit Aces..Placing was at 4.5.... 0.70 over 4.5 is 15.5%Worst troll ever, you can't even count.

[kryptonsnake] 17/12/2019 19:13

Didn't I say there would be another 25% to 30% more dilution?

Even Plat has confirmed it so it must be true. He's always right

How's that 4p holding up Plat? or was it 3.9?


LOLsss

[aceshi] 17/12/2019 18:50

Nothing like a bit of "good dilution" to wipe off a quick 25% and counting. Amazed at how that 4p resistance point is holding up. Can't wait for the 30% confetti blasts in 2020. Another year of top-up opportunities. Losta must be rubbing his hands in anticipation.

[plat hunter] 17/12/2019 18:35

It's probably all those tolls with a single company posting history, selling all their imaginary shares

[kryptonsnake] 17/12/2019 18:30

Looks like I'm not the only one shorting Jubilee. Rumours are that BMR watch are shorting it to?

My shorts are in profit by the way. Thanks for asking Plat

If this breaks below 3.7 I can see 3p then 2.7p on the chart

Hold them shorts up


LOLsss

[plat hunter] 17/12/2019 18:05

And the copper, don't forget about that... That's some serious gravy that's so far going under the radar

[1madmarky] 17/12/2019 17:29

Frog " ploppy filled underpants here. " now that made me chuckle :-)

Sit back and relax, the PGM price continues to rise. Production continues to increase (no one is screaming about the annual power cuts).

[boris cobaka] 17/12/2019 17:02

What was a little surprising was the number of punters that thought this would be a fairly shallow correction. Obviously a little book talking going on but from some apparent tech savvy peeps this time it was going to be different
Why that should be the case is rather unsubstantiated whereas the move from over bought to oversold has followed this stock like night follows day etc.
Add a wee placing into the mix and suddenly it's 'old skool jubes'.
Weak at the end of the day there with the offer still sub mid.

[aceshi] 17/12/2019 16:06

25.3% down as a direct result of the latest placing. The market is definitely warming to this concept of "good dilution"

[frogkid] 17/12/2019 16:04

There is always the risk of dilution until there is significant revenue. But these days it is to buy profit making piles of stuff rather than keeping the lights on. Do I sense the smell of ploppy filled underpants here. You boys need to grow some balls or stop playing with the big boys.

[niloc4] 17/12/2019 15:35

If you looking for loyalty....Don't call Leon. Leon, you are one sell out.

[plat hunter] 17/12/2019 15:12

I think it very much depends on when you invested , what price and your weighting.

[niloc4] 17/12/2019 15:11

Is Leon working for jubilee metals or is he working for the company that's going to takeover jubilee metals? This guy is one fool. His issue of shares has impacted negatively on the share price. Why is Leon not working for the shareholders?

[goingforarun] 17/12/2019 14:44

They just need to get Kabwe up and running generating, hopefully significant, cash. We can then start putting dilution to the back of our minds!

[boris cobaka] 17/12/2019 14:31

This kinda reminds me of the time Colin and Co took advantage of a rally to arrange a placing to buy slag. Not quite the revolt but I guess lth's now are immune to placings and are on board with the dilution of their investment.

[rathean] 17/12/2019 13:17

Not if the bod keep destroying shareholder value with unnecessary confetti issues. One of my favourite growth businesses but not going to buy back in unless the share price offers real value to insulate from future share issues imo dyor ofc.