Jubilee Metals Share Discussion Threads

[goingforarun] 02/3/2020 21:16

We should hopefully get another 1% tomorrow then!

[lostabillion] 02/3/2020 21:14

Dow Jones is up 5%.

[plat hunter] 02/3/2020 20:57

Government concessions perhaps?

[gsg] 02/3/2020 19:49

Copper export value nosedives

THE decline in copper production by some mining houses has resulted in Zambia posting a drop in the export value of the metal to almost K6.2 billion in January from about K64 billion last December.
Copper, which is Zambia’s major foreign exchange earner, has witnessed a decrease in the price on the London Metal Exchange (LME) market from US$6,062.4 per tonne in December to US$6,049.2 per tonne in January.
Zambia, which is Africa’s second largest copper producer as at last November, produced 723,000 tonnes compared to the Democratic Republic of Congo’s 1.4 million tonnes

[1madmarky] 02/3/2020 19:26

Cheers GSG,
Had not read "Already the company has produced 110 tonnes of copper from tailings, and the plan now is to bring a new cobalt circuit online sometime in the first half of this year." Before, may have missed it though.

[gsg] 02/3/2020 19:02

A re-hash and update of a previous article on Jubilee.

[gsg] 02/3/2020 17:35

So the chrome miners in SA are going to have to suffer a bit more distress before Leon throws them a fine chrome lifeline.

Looks like leveraging Sable's processing capability for a copper deal is back at the front of the queue. My money's still on the Nkana Tailings Dam. With 1% copper, its grade is higher than that being mined next door by Glencore at 0.9%

[freedom97] 02/3/2020 17:29

deme, why do you have to lie, saying "Deaths in every country" you really do sound desperate, to get the share price down because you realised you made a big mistake selling at the bottom last week. There has been deaths due to the Coronavirus in 14 countries. Maybe you think there are only 14 countries in the world.

[1madmarky] 02/3/2020 16:39

Looks more like nessy than anything else.

[aceshi] 02/3/2020 16:38

Lost You're a sitting duck with that 25mil holding

[aceshi] 02/3/2020 16:36

Told you all the pathological, rampers would be salivating here in a jiffy. Platt go crawl back down to the park. Leon says hes got a bone for you. BTW factoring in the next few months, I'd sooner choose the Botswanan bush than your inner city en masse, invaluable. That 4p resistance point was the nail in your coffin, "mug punter"

[deme1] 02/3/2020 16:08

PS with SLP rumoured to be giving a 11.8p dividend this year and a 16p dividend next year, then I would be nuts not to have some skin in the SLP beast.

[deme1] 02/3/2020 16:05

Don't get angry with me for selling £18k of my JLP shares. Even you must admit it is a dog.

Yet my trade was a mere 20% of my JLP holding.

You must hate seeing idiots trading with £18k like it is nothing.

Keep up the good work ;)

[deme1] 02/3/2020 15:56

£20k pot?

I have a lot more than £20k!

Beats you £100 ;)
and your fake buys that don't even show up.

[lostabillion] 02/3/2020 15:45

We are sitting ducks at this level.

In layman’s terms if you were offered a business for say £100k and the owner said you’ll get that £100k back in profits within the first year would you buy it?

Absolute no brainer to sit here and watch things unfold.

JLP from what I can tell are in the exact position of that layman’s example.

I just hope the share price reacts before a bid comes in.

Imo a realistic bid would be 30/40p per share.

[plat hunter] 02/3/2020 15:45

It's going to feel like a pong wait for the financials and project update at this price.

[lostabillion] 02/3/2020 15:37

Pop a nought on that 5 and they can have mine too!

[deme1] 02/3/2020 15:18

Still carrying on with these multiple tiny trades.
This could quite be manipulation, keeping the price low ready for a low ball offer.

They can have the rest of mine for 5p.

[1madmarky] 02/3/2020 14:24

10 out of 10 Mike 😁

[bettyswollox] 02/3/2020 13:51

Hi Toobs - do JLP hold preference shares in Northam? That's the only buy back I can see currently?

[mikebolle1] 02/3/2020 13:43

This headline nearly got me of my chair:

Haha, I wish...

[deme1] 02/3/2020 13:41

Thanks for your concern Losta.

I to don't like to see people lose money but in your case LOL ;)