Jubilee Metals Share Discussion Threads

[1madmarky] 30/1/2020 10:36

Bullster

I agree wrt transport costs. $100 per oz

But then you are going $400 per oz production cost. At hernic 45% of the cost is fixed... assume 50%.
So $200 + $200.

At Windsor we are producing twice as much so the the fixed cost per oz should halve. The variable cost should stay the same.
So $100 + $200.

So that would be $100 (transport) + $300 + $150 = $550

I my view.
However the deal at Windsor involves us paying a fixed fee plus a percentage. Leon made a comment to the effect that they are motivated to be as efficient as possible but what that actually means... who knows.

[cernunnus] 30/1/2020 10:34

Looks like the usual pattern. Decent RNS, then walk down. I will never learn. Could of got more shares for my money. Oh well! This time next year.

[undertaker] 30/1/2020 10:34

BBI updated in the header

[adejuk] 30/1/2020 10:28

confetti time?

[adejuk] 30/1/2020 10:25

great update and down 20%
who's f'ing with who?

[kryptonsnake] 30/1/2020 10:25

Is that 4p on the bid Plat? spot on again


LOLsss

[bullster] 30/1/2020 10:17

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PRILL SPLIT

PLATINUM 49% : $968 : $474.32
PALLADIUM 40% : $2168 : $867.2
RHODIUM 9% : $8900 : $801
GOLD 2% : $1579 : $31.58


BBI

30/01/20 = $2,174 pgm ounce

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[bullster] 30/1/2020 09:58

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1MadMarky,

If it costs $100 per production ounce in transport costs based on $3 per tonne of tailings transported with a grade of 2.7 grams of pgm per tonne.

Then if we pay Northam 15% of earnings 85/15 as with the Hernic deal lets say $150 per ounce.

Then $650 per ounce cost to produce at Windsor.

What do you think ?

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[sleveen] 30/1/2020 09:29

Bullster would you kindly do a BBI so that the figure can be added to the monthly data by Under.

TIA Bullster & Under.

[1madmarky] 30/1/2020 09:09

Bullster... remember Aug production at Windsor would probably be loss making. Same possibly for first week of Sept.

[kryptonsnake] 30/1/2020 09:02

Don't ask Plat for share price predictions. He predicted 0.26 for WRES LOLsss look where it is now. It will be up again today

Jubilee doing the downward DOG again


LOLsss

[deme1] 30/1/2020 08:58

Was expecting a nice bounce from this level this morning.

DOG!

[plat hunter] 30/1/2020 08:57

Mutley... If we extrapolate the earnings lag and value the company on the same basis of 9x eps then 7-8p Industry average is 30-40x eps so once we have a few years audited behind it to build investor trust, sentiment and expectations then you have Lostas 10 bagger

[kennyp52] 30/1/2020 08:56

Has he got his face mask ?

[sleveen] 30/1/2020 08:21

PH

I don't have a problem with EBITDA.

I misunderstood the meaning. Post deleted.

[bullster] 30/1/2020 08:17

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2,300 x 6 months = 13,800 oz from Inyoni

21,082 - 13,800 = 7,282 oz from Windsor


13,800 x $400 oz costs = $5,520,000
21,082 x $544 oz costs = $11,468,608
7,282 x unknown costs = Windsor


13,800 x 400 = 5,520,000
7,282 x (w) = 11,468,608 - 5,520,000

w = 11,468,608 - 5,520,000 / 7,282
w = $817



Therefore if it costs $400 to produce an INYONI pgm ounce

it costs $817 to produce a WINDSOR pgm ounce.

So it costs us $417 more per ounce for trucking and NORTHAMS fee, etc. than INYONI

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[mutley walters] 30/1/2020 08:13

Plat all things considered assuming no major setbacks where do you personally see the share price at the end of 2020

[frogkid] 30/1/2020 08:11

Another chance to top up ! LOL.

[plat hunter] 30/1/2020 08:07

Ebitda will cause a few to split hairs.. my calcs aren't even that nuanced.Take the basket price deduct 33% for the gross then deduct production cost.

[plat hunter] 30/1/2020 07:49

Exactly mark :-P

[adejuk] 30/1/2020 06:42

plat
i'll second that

[1madmarky] 30/1/2020 04:36

Plat- $1000 per oz. :-)

So at some point in January we would have received Nov PGM income ... between $7m and $7.5m plus hernic chrome.. another half million.... happy days!