Jubilee Metals Share Discussion Threads

[toobs1] 30/1/2020 13:57

Well done to kryptonsnake for being right once again!!! Next stop 3p?

[kryptonsnake] 30/1/2020 13:56

TIMBER!!!


LOLsss

[sleveen] 30/1/2020 13:54

GSG

I wouldn't disagree with your bottom of the cycle comment.

But whose to say when the chrome cycle start to turn up.

China consumes much of the chrome and currently they've other things on their mind rather than RSJs.

[toobs1] 30/1/2020 13:52

Massive massive placing on the way,lolsss I keep on telling you the same thing over and over. These clowns are taking you all for a ride,lolsss

[juju44] 30/1/2020 13:50

Like I said - double top . Same old dog it always was

[adejuk] 30/1/2020 13:47

from the trades i'd say we have one large seller

[alpal2] 30/1/2020 13:41

I though the results were pretty good. Clearly a majority of shareholders think they were disasterous and are getting out at any price.

But, what do I know?

[bspgamer] 30/1/2020 13:39

Dear oh dear

[gsg] 30/1/2020 13:33

Sleveen.

I very much appreciate your expertise in breaking down the accounts.

With regards to purchasing assets, surely, the time to buy a specific commodity is at the bottom of the cycle? It's time to buy chrome assets now imo. It was time to buy PGM assets two/three years ago.

Leon has done an unbelievably good job in that regard.

[plat hunter] 30/1/2020 13:26

Absolutely Marky.. We was already absorbing the cost of the chrome production, the only thing that has changed is that we get to keep it.

"Money for old rope" I believe the saying goes

[kryptonsnake] 30/1/2020 13:18

4p did not hold

Maybe 3.7 will


LOLsss

[deme1] 30/1/2020 13:12

Losta.

I take where the share price is over you opinion ;)


3p hello old friend!

[1madmarky] 30/1/2020 13:09

If production of a commodity drops, and demand remains constant, the price will increase.
We are one of the lowest cost chrome producers on the planet. We have been giving the stuff away for free at hernic for the last 2 years and still making money from the operation.

Sleveen- we bought the rights to the tailings. We did not buy the chrome operation which is struggling.

[rescuer] 30/1/2020 13:04

gobsmacked with the share price - wtf is going on.

figures stack up, business is moving forward at a huge rate

fundamentally sound

i'm still over 30% up on my holding.

think the priority now is get a FD.

gla

r

[lostabillion] 30/1/2020 13:02

You can spot the traders a mile off.

All rampy when they hold and derampy when they’ve sold.

I won’t name names but I’m sure most here can work out who has sold and wants back in a bit cheaper!

The figures were impressive and will only get bet with the next RNS.

[danieldanrichardson] 30/1/2020 12:58

Top up imminent!

[juju44] 30/1/2020 12:42

Yep , double top

[deme1] 30/1/2020 12:41

Sub 4p imminent!

Who said we would never see 3p again?

[nelson01] 30/1/2020 12:34

Sleveen...why don’t you sell if you don’t like the figures?

[sleveen] 30/1/2020 12:28

serratia

If JLP are prepared to pay $16m for the chrome operation at Inyoni (bearing in mind that it was only marginally profitable at that time and remains so now) how much is going to be raised on a potentially non profitable project if it involves chrome?

Leon's spin that JLP are perfectly positioned for a chrome upturn doesn't hold up to close inspection.


We have been given earnings figures only.

The interims will show what cash has been generated.

[frogkid] 30/1/2020 12:25

Seriously, WTF is up with this picture ?

[niloc4] 30/1/2020 12:22

Now u see why Leon Coetzer purchases no shares in jubilee metals on the open market. He needs to go for English lessons, maths lessons and honest communication lessons

[serratia] 30/1/2020 12:13

I agree with sleveen. From their own statements we could see 60/80 or 90k oz PGM's looking forward. As they're all from their own statements I e-mailed them to clarify their position. No reply yet.
Their presentations are a mess so it's very difficult for investors to model future profits. If it was clear then people could put a future value on the share price which should be higher than its present figure.
The other factor which could make investors apprehensive was a recent podcast where he said profits are rising and we're investigating further acquisitions. If only he'd said from within existing cash flows.

[niloc4] 30/1/2020 12:10

That's been the problem from Braemore days. Absolute CONS involved in CONROASTING. Leon coetzer should explain this pgms error.

[niloc4] 30/1/2020 12:01

Leon coetzer cannot count.That type of pgm error is a material misstatement. Leon Coetzer and management should be held accountable for that error. Dishonest to the bone