Jubilee Metals Share Discussion Threads

[aceshi] 09/1/2020 09:40

I haven't lost anything, my average is well in the black, unlike most who have invested here over the years, including yourself. Anyone can clearly see that if the company continues with their policy of regular dilution, to secure every "opportunity of a lifetime" that presents itself, the share price will continue to underperform. While this continues to be proven a fact, you relentlessly attempt to convince the seal pups different. On the other hand, one has to commend your unwavering dedication to the cause.

[goingforarun] 09/1/2020 09:33

What timeframe?

[bullster] 09/1/2020 09:28

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INYONI PGMs

BBI revenue $2,000 per ounce

Smelters revenue $400 per ounce

JLP revenue $1,600 per ounce

JLP earnings @ $400 cost to produce is $1,200 per ounce


2,500 PGM ounces @ $1,200 = $3,000,000 earnings.


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[pshevlin] 09/1/2020 09:21

Sorry, just looked at the header again, clearer now.

[pshevlin] 09/1/2020 09:18

For those of us fairly new to metals, what is BBI please?

[bullster] 09/1/2020 09:09

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BBI went over $2,000 overnight

has fallen back to $1,986

climbing again.

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[kennyp52] 09/1/2020 08:56

I bought in with average 2.7p and love Leon 💕 . Lots mor to come and a maiden dividend round the corner

[boris cobaka] 09/1/2020 08:53

Thanks bwr.

[sleveen] 09/1/2020 08:44

Buyers return.

[niloc4] 09/1/2020 08:03

Wake up Leon. Metals are flying. What more do you need to incompetent idiot.

[niloc4] 09/1/2020 02:05

Basket price: $2007

[bookwormrobert] 08/1/2020 20:18

I also wanted to post about SLP (Sylvania Platinum), since it was discussed on this thread over the weekend, and a number of the posts were rather inaccurate.
Sylvania Platinum has six current reprocessing operations, five of which are plumbed into producing Samancor chrome mines and which recycle a mix of current mine arisings and tailings. Like Jubilee, it is a growth company, but it is much further along the "growth curve". It has been profitable for several years, it engages in share buybacks and pays dividends, it has no debts and a huge and fast growing cash pile, and it most emphatically does not issue new shares. Overall, its numbers are outstanding, and it is a "Zulu" company and Simon Thompson's (of Investors' Chronicle) top share pick.
Like Jubilee, Sylvania also owns PGM exploration and development assets, but they are far less valuable than Jubilee's. The sale of one of these development assets - Grasvally - for about 7m pounds, should complete shortly. Finally, Sylvania's management is noticeably less adventurous that Jubilee's, and there is no sign that they wish to expand beyond chrome / PGMs and South Africa.
I'm invested in both Sylvania and Jubilee (and GLR as well), because I believe that the current bull market in palladium and rhodium has firm foundations in a supply shortage. But my stake in Sylvania is about five times bigger (expressed in original cash cost terms) than my stake in Jubilee. I'm expecting a rerate in Sylvania's share price over the next two months based on the outstanding numbers that will be revealed in the next quarterlies and in the interim results, as well as a possible special dividend from the sale of Grasvally.

[bookwormrobert] 08/1/2020 20:01

Rhodium article:

It seems to me that palladium and rhodium are only going one way...

[nelson01] 08/1/2020 19:19

It’s called an inverse head and shoulders you tit, which means it’s going up at least 20% very soon.

[kryptonsnake] 08/1/2020 18:40

The double double top didn't play out because it went above 4p

It failed to get anywhere near 4.5p resistance though, so sub 4p is now back in play

I also see a large phallus shape forming on the chart but it's pointing to the floor, suggesting a good downward dog shafting is on its way


LOLsss

[plat hunter] 08/1/2020 17:57

Yawnnn... The ramblings of a loser. I'm surprised you're not a CIO at any of the insti's here. What a company was and how much you got mugged and bummed for is of no relevance to them or anyone else who is making money here.Most here are doing quiet well out of it so far.

[tel5] 08/1/2020 17:01

the share is range bound until we get the positive news everyone expecting

[sleveen] 08/1/2020 16:49

Just got in to see this very odd share price fall.

WTF?

[aceshi] 08/1/2020 16:30

History is relevant. It has proven that no matter the magnitude of JLPs potential, regular dilution has continued to hamper any serious share price growth. Precisely why the basket price has less than zero affect on share price growth. This legacy will continue to weigh on the share price until management adopt a more diversified strategy towards project funding. Don't be so trigger happy with the Cannon, or history will continue to repeat itself. No matter how you wish to spin it, this is precisely how the market reads it.

[niloc4] 08/1/2020 15:52

Colin and Leon couldn't organise a p up in a brewery. Useless

[niloc4] 08/1/2020 15:49

JUBILEE below 4p. Makes sense when Colin and Leon are in charge

[niloc4] 08/1/2020 15:47

Basket price: $1996.33

[plat hunter] 08/1/2020 15:44

Decent article on Rhodium.. Few months old but well worth a read given how much Rhodium is flying, up another 5% today so far...

"For three years I have been preaching to all of Precious Metals industry analysts that this structural deficit on Rhodium is just getting worse and worse. The Rhodium fix since 2016 reflects that. April 1, 2016 saw Rhodium at $740/Toz. Today, August 30, 2019 it’s at $5,000/Toz. That is a whopping 6.75x increase."

It's now $7400 just 5 months later... $10,000 could be smashed in a matter of weeks