Jubilee Metals Share Discussion Threads

[goingforarun] 03/3/2020 09:33

I would think it’s better to keep the cash to avoid the placing? Also if we have surplus cash, as everyone thinks the share price is undervalued then buybacks are going to be better than divs?

[danieldanrichardson] 03/3/2020 09:19

Colin seems to be hinting at the next fund raise while dangling the carrot of dividends.

[kennyp52] 03/3/2020 08:33

When are we going to be able to buy more of these at 3p ? Looking forward to it ....

niloc42 Mar '20 - 07:19 - 1739 of 1783
0 1 0
By the time King Leon releases the significant numbers he continuously talks about, the share price will be below 3p.

Time will tell and hope I am in a position in a years time to ram these trolls words down their gullet

[bettyswollox] 03/3/2020 08:28

Deme - even if people decide to take up future share buy back offers, 12m shares at today's price is around £6m - your original post is framed to say SLP will use their cash pile of $33m for buying shares back. Basically a ramp for another share you hold posted spuriously on this board.

[deme1] 03/3/2020 08:20

Kennyp52

Yeah your right, buyback are bad news lol. PS there is talk of a 11.8p dividend this year and 16p next year.

But i do get it, what better way to show shareholder value than by using the JLP model of issuing shares on a regular basis!

[kennyp52] 03/3/2020 08:15

Hmmmm ... share buybacks not great in my opinion . Delays payment of dividends and uses up cash resources and basically says to shareholders ... we had your money now fek off .

[deme1] 03/3/2020 08:08

Shares purchased under this programme will form part of the proposal to buyback approximately 12 million shares under various programmes.

SLP are to buy back 12 million shares! that is more than a few hundred thousand quid!

Anyway, that JLP news report circulating makes a good read.

[bettyswollox] 03/3/2020 08:01

Don't over egg it Deme - SLP are offering to buy back 0.57 percent of their shares in issue - a few hundred thousand quid at most

[freedom97] 03/3/2020 07:52

Yes, closed up 5.1% on the DOW, that's a big rise, should see the markets rally today hopefully.

[gsg] 03/3/2020 07:48

Another comment on China re-opening factories and could be about to juice the system.


Copper to hit $3 once coronavirus passes, Chile mining minister says

Mar. 2, 2020 5:36 PM ET|


The coronavirus that has rattled markets will not stop copper prices from surging to $3/lb. this year, Chilean Mining Minister Prokurica tells Bloomberg.

Comex copper climbed as much as 2.4% today to $2.602/lb., lifted by the gradual reopening of factories across China and signs of coming support from central banks to recounter the economic fallout from the outbreak.

Copper prices "should stabilize once the coronavirus passes," Prokurica said. "Nobody has information to say that the coronavirus will last one or two or three months, but SARS... lasted between two and three months, so we think that is what will happen with the coronavirus."

No copper cargoes from Chile to China have been suspended, and Chilean miners have not seen a reduction of orders from the coronavirus, Prokurica said.

[deme1] 03/3/2020 07:28

Losta

Do not disagree that we are undervalued. Ask yourself why are we undervalued?
If us small investors can see potential then you can bet the II's will to, coupled with their privileged knowledge. The reason JLP is undervalued is because no one trusts Colin and JLP is massively prone to share issues.

We were told when DCM and Hernic were operational then we would be self funding. Now it is when Kabwe is operational we will be self funding.

Investors do not like changing goalposts

[goingforarun] 03/3/2020 07:27

Someone bidding might be useful because it’ll unlock the real value in terms of SP?

[lostabillion] 03/3/2020 07:23

Deme1, JLP is in the midst of a dramatic growth phase. So much so that anyone thinking of acquiring the company at the current market cap would likely get their money back within a year!

Show’s just how undervalued JLP is.

[deme1] 03/3/2020 07:14

JLP

Colin buys a measly £20k in shares to try and keep the price up

SLP RNS today announces a share buyback with its $33.8mil cash (as of Dec 2019)

What a difference in the two hey!

[lostabillion] 03/3/2020 07:14

Alan, that’s why most of us are here. The trolls want you to think otherwise though ;-)

[aceshi] 03/3/2020 06:23

Demi The Platt is a washed up industry relic. Hence all the relentless jargon that he waffles. It's all he's got while trying to pass off as credible. Currently earning his wine money from driving the online, ramping narrative, for our very own used car salesman. Following the history of his predictions, proves the point that success is not based on a mouthful of words. They just can't comprehend that for some folk, a couple 100k shares, in AIM Co's such as JLP, is merely pocket change, games. And a ticket to stir the "mug punters" No sane investor would place any significance within their portfolio, on a punt such as JLP. For so many reasons these type of companies have the potential for finger burning. Proves they've never accumulated any serious cash in their miserable existences.

[niloc4] 03/3/2020 06:21

I wouldn't be surprised if jubilee pays people to advertise and ramp this site. The history of the jubilee share price is shocking. Big mouths and empty promises don't help anything. Leon has both. Colin is just a CON whose overweight.

[niloc4] 03/3/2020 06:21

I wouldn't be surprised if jubilee pays people to advertise and ramp this site. The history of the jubilee share price is shocking. Big mouths and empty promises don't help anything. Leon has both. Colin is just a CON whose overweight.

[niloc4] 03/3/2020 06:21

I wouldn't be surprised if jubilee pays people to advertise and ramp this site. The history of the jubilee share price is shocking. Big mouths and empty promises don't help anything. Leon has both. Colin is just a CON whose overweight.

[niloc4] 03/3/2020 06:21

I wouldn't be surprised if jubilee pays people to advertise and ramp this site. The history of the jubilee share price is shocking. Big mouths and empty promises don't help anything. Leon has both. Colin is just a CON whose overweight.

[aceshi] 03/3/2020 05:44

PlattGo back to Leon and Colins naught crawlers thread. You have been exposed for the clueless, narcissistic little cretin that you are. BTW you made a typo error over on the rampers thread, .... "the Bull taking over again"

[robers98] 02/3/2020 23:14

Thanks for the article GSG. Vanadium, now into next year along with the move up the value chain for zinc metal. Which is to be funded from phase 1.
So what else are they using funds for this year. Again large deal rather than small!!
Just wish they wouldn't use the 'watch this space ' not the best way to finish on.

[plat hunter] 02/3/2020 21:23

Today's session triggered a bullish signal, a blue day tomorrow will be a confirmation of the bulls taking control again.