Jubilee Metals Share Discussion Threads

[freedom97] 29/1/2020 08:11

"Jubilee Metals Deliver a 74% increase in revenues – Expect more (Interview)":

[boris cobaka] 29/1/2020 07:39

I think there might be a bit of a queue there....

"Simple question Leon. When listening to your hugely bullish commentary on the various projects and one therefore assumes an exceptional outcome revenue-wise, why won't you purchase any jlp stock?'
"Even if considered a token gesture it would at least read across as you genuinely having belief in jlp's long term prospects.'

"We take it that your lack of exposure and refusal to acquire could very literally mean you're not convinced by your own pitch.'

[alpal2] 29/1/2020 07:11

If Leon give an interview, I would love them to ask him why he owns so few shares.

[lostabillion] 29/1/2020 06:34

Those figures support a good hike in the share price
Let’s see what the market thinks over the rest of this week.

Crux interview?!?

[1madmarky] 29/1/2020 06:00

Losta- would be nice, but most just look at the headline number.

On the plus side, it does mean production was as expected with no significant impact from the yearly load shedding.

[lostabillion] 29/1/2020 05:53

Should see a decent rise today now that the figures have been worked out and understood.

Compound growth is superb with more to come.

[1madmarky] 29/1/2020 04:42

Boris- yes.

Nov and December are not in the numbers. So that's around £5m of profit yet to hit the books.

[metis20] 28/1/2020 19:54

Post #18467 - m thanks for the info Bullster.

If Windsor is significantly richer in Rh than the 9% you are currently using then H1 2020 earnings could be exceptional.

According to

Rhodium is up 65% since the start of this month!

[1madmarky] 28/1/2020 19:18

Ok,
So Windsor produced more PGM'S in Sept and Oct than hernic did between May and Oct.
The results today have no hernic chrome income.

Extrapolating...windsor PGM production sitting around 6,000 oz per month, from November onwards.

Pretty damn good situation to be in!

[alwaysevolving] 28/1/2020 19:11

YouTube link to Proactive piece:-

[1madmarky] 28/1/2020 18:46

Ah! That's why google failed to find it!

Thank you

[scrappycat] 28/1/2020 18:20

MadMarky,


www.proactiveinvestors.co.uk/companies/news/911663/jubilee-metals--continuing-to-grow-very-strongly--with-significant-earnings-boost-911663.html

P.S. I said Stockwatchers, but see it was Proactive.

[bullster] 28/1/2020 18:10

.
.

metis20,

JLP has never told us what our prill split is so we use the Bullster Basket Index.

We used to use an old SLP prill split from a financial report:

Platinum=61.0%
Palladium=22.0%
Rhodium=16.0%
gold=0.5%

We changed it for:

Platinum=49%
Palladium=40%
Rhodium=9%
gold=2%


Prill split will allways depend on the source of the reef the tailings comes from and will vary depending on which area of the Bushveld Complex you are situated. Google for prill split tables for South Africa.

I noticed in the interview today that Leon said we are rich in rhodium and iridium, i suspect he was talking about Windsor material.

Before anyone starts saying that we should have stuck to the formula with 16% rhodium in it, well at the end of the day, you won't know the true prill untill the refining is done, and it's earnings figures that matter.

If anyone wants to see what the difference is between the two formulas , stick the same values in each and see how the totals differ.

You'll find that if you bump one element up another has to go down.

See you tomorrow .

.
.

[lostabillion] 28/1/2020 17:07

www.proactiveinvestors.co.uk/companies/news/911663/jubilee-metals--continuing-to-grow-very-strongly--with-significant-earnings-boost-911663.html

[plat hunter] 28/1/2020 17:00

I would expect a note from shard on the back of today

[plat hunter] 28/1/2020 16:56

I would expect a shard note on the back of today

[lostabillion] 28/1/2020 16:50

Bloody good figures which will see yet another step change soon.

Happy days, now where’s that Crux interview?!?

[plat hunter] 28/1/2020 16:45

Ha ha.. Predictive text.. Ounces i meant lol

[lostabillion] 28/1/2020 16:44

PH 70k tonnes, I like that ;-)

[mikebolle1] 28/1/2020 16:41

All I know,and really care about, is growth; Revenue- and earnings growth.
So: "74% increase in combined H2 2019 revenue..." and "47% increase in combined H2 2019 operational earnings..." is what I was hoping for, bearing in mind that the comparative H1 2019 was already good at: "75% increase in combined H1 2019 revenue... 47% increase in combined H1 2019 operational earnings..."

By the look of things, and I quote: "It is expected that the earnings contribution of the Windsor PGM Operations will be even more pronounced over the full report period for H1 2020." and "...have brought the copper refinery circuit into operation producing its first high grade copper metal in November 2019." it sure looks like growth is still on the horizon, not to mention lead, zinc, etc.

Where this growth (money) comes from, well I'll leave that to the experts (you) to figure it out.

[kryptonsnake] 28/1/2020 16:40

I see this as over valued

Get something under valued in your portfolio like WRES


LOLsss

[sleveen] 28/1/2020 16:24

Bullster

How about being conservative and assume no DCM, PGM production net to JLP of 5k oz/month and gross earnings of $1200 to allow for the extra costs of Windsor transportation etc gives $6m/month.