Jubilee Metals Share Discussion Threads

[gsg] 27/1/2020 09:55

Huge re-structuring going on within the SA chrome industry.

According to papers seen by the FT, Samancor will produce 29% pa less chrome ore, and are threatening to retrench 3000 of its 5714 workforce.

Interesting to see how this will affect JLP and whether it creates new opportunities.

[bullster] 27/1/2020 09:50

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Progress.

Following the acquisition of more tailings inventory and full rights to pgm and chrome profits at Inyoni, for a spend of $21,490,000 which will generate over $248,114,000 in profits, the only placing that has resulted after that event was for $8,500,000 on 14/11/2019.

There is so much cash being generated by the projects, it makes the confetti canon fall ever more silent.

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[lostabillion] 27/1/2020 09:23

Welcome back juju, good timing imo.

[juju44] 27/1/2020 09:07

Well I have added again

[deme1] 27/1/2020 08:52

Not much interest considering we will be 40p by 2023

[nelson01] 27/1/2020 08:19

Yes I thought it would be your biggest accomplishment in life.

[kryptonsnake] 27/1/2020 08:17

I'm happy to be number 1 at something

Thanks for thinking so highly of me


LOLsss

[kryptonsnake] 27/1/2020 08:06

If Mike is right about BMR going into admin he must be right about Kabwe

I've heard rumours he is posting on lse again

I'm surprised people are buying with all these rumours circling


LOLsss

[kryptonsnake] 27/1/2020 08:03

Plat bought both at those prices


LOLsss

[sleveen] 27/1/2020 07:59

Only the world's worst investor would buy WRES @ 0.7p and GLR @ 1.6p and continue to hold to the current shrunken share price

[plat hunter] 27/1/2020 07:52

Not if you lumped in at circa 0.70 and 1.50 respectively

[1madmarky] 27/1/2020 07:51

The salient bit from the erg link
"
Zambia, Africa's second-largest copper producer, has introduced a 5% import tax on raw materials which has hobbled the flow of concentrates from mines in neighbouring Democratic Republic of Congo."

[sleveen] 27/1/2020 07:50

BMR, WRES, GLR, RED, VAST

What a terrible record.

Jury still out on WRES & GLR IMHO.

[mikebolle1] 27/1/2020 07:45

"It was not possible to locate appropriate feedstock in Zambia..."
Copper and Cobalt concentrate shortages in Zambia.

[mikebolle1] 27/1/2020 07:23

The JSE All Share Index is down 2% this morning, as expected, however, JBL is up close to 6% on fairly high volume. Its a really good start to the week...Is there positive news in the pipe?

[lostabillion] 27/1/2020 06:34

Looks like we could pick up BMR’s royalty for a song once the receivers are called in?!?

BMR holders are now accumulating JLP shares by the sound of it.

Makes sense as a damage limitation exercise imo.

[mikebolle1] 27/1/2020 05:59

Isn't this the Mike that used to post from airports, on his way to "see somebody important"? lol

[plat hunter] 26/1/2020 22:25

It's the biggest compliment in the world this fellas... keep it up.

[robers98] 26/1/2020 22:00

Bmr watch having fun on twitter.

We have recently been informed by BMR Group that they will no longer provide Company updates to BMR Watch. This news has left shareholders even more concerned about the future of BMR.

In response to this, BMR Watch has requested that BMR provides a detailed update to all shareholders by no later than 10th Feb. Failure to do this will result in shareholders calling an EGM

[kryptonsnake] 26/1/2020 21:20

He has been accurate on Kabwe in the past. This time he could be lying

If Jubilee release good news this week it's going to 6p

If it's bad news as Mike suggests it will drop 30% and test 3.7p

Any good news and I'm buying


LOLsss