Jubilee Metals Share Discussion Threads

[master rsi] 10/3/2020 16:15

In south Africa is moving up fast
we are far behind yet. 5%

JBL 75.00 ZAC +10.00 +15.38%
JLP 3.55 +0.325 +10.1%

[lostabillion] 10/3/2020 16:09

Shown everyone your true colours though Deme1.

Anyway, onwards & upwards.

[adejuk] 10/3/2020 16:06

deme is bipolar

[deme1] 10/3/2020 16:06

RNS tomorrow IMO

[deme1] 10/3/2020 16:06

JSE up 15%

[adejuk] 10/3/2020 16:05

gosh
ano tick b4 close?

[deme1] 10/3/2020 16:04

Atleast i highlight my trades!

Made a nice little profit of my last trade here.
Holding this 750k until results now.

[plat hunter] 10/3/2020 16:03

come on JLP flog another million before the bell.. JLP & JBL are both neck and neck with zero crack spread between the currencies

[undertaker] 10/3/2020 16:00

...not on this board!

[plat hunter] 10/3/2020 15:54

Lol and that's why no one takes directors talk seriously apart from mug punters who scream to be pumped and dumped on.

If you click through to the original Bloomberg article, there's no mention of Jubilee, Leon or Kabwe,

[lostabillion] 10/3/2020 15:54

I’d be happier with £1, happy to wait :-))

Deme1, your posts at 8.19am & then 10.13sm this morning made me chuckle!

Deramper to Ramper within 2 hours ;-)))

[plat hunter] 10/3/2020 15:50

I think the market is ecstatic that deme had bought back in, we can expect a sell off tomorrow followed by the obligatory 'Dog' comments

[adejuk] 10/3/2020 15:37

deme
we'll see
i'd be happy with 10p

[lostabillion] 10/3/2020 15:36

3M more out of pi’s hands and into ii’s.

[deme1] 10/3/2020 15:34

www.directorstalkinterviews.com/zinc-will-it-be-king-of-the-battery-crown/412808116

[adejuk] 10/3/2020 15:17

and there it is

[gsg] 10/3/2020 15:11

could be. 3 v 1

[adejuk] 10/3/2020 15:08

ano tick up b4 close?

[deme1] 10/3/2020 15:02

adejuk10 Mar '20 - 14:48 - 20447 of 20447
0 1 0
news very soon
a quick drop followed by a re-rate

Ah NO

Quick drop - virus coupled with oil
Quick rise - stimulus from government.

Or you could go all conspiracy theory, and say the drop was to shake out people before Leon announces they have had an offer for the company at 10p per share!

[adejuk] 10/3/2020 14:48

news very soon
a quick drop followed by a re-rate

[plat hunter] 10/3/2020 13:57

"thereby enhancing PGM market sustainability."

Working to the average basket price on the 28th feb. 66,000 ounces a year equals 70 million in ebitda.

So that's safe for a while, definatly not coming off as quick Vanadium did.

[plat hunter] 10/3/2020 13:24

And so substitution begins and no mention of Rhodium being re-balanced. So no change in demand for rhodium.

Well we need a crash and a substitution event. Exactly same environment as 1999. The end game gentleman, it's our time now.

[mikebolle1] 10/3/2020 13:16

"Ludwigshafen, Germany and Johannesburg, South Africa – BASF announced today that it has successfully developed and tested an innovative Tri-Metal Catalyst technology that enables partial substitution of high-priced palladium with lower-priced platinum in light-duty gasoline vehicles without compromising emissions standards. Adoption of the Tri-Metal Catalyst can reduce catalytic converter costs for automakers and partially rebalance market demand for PGMs, thereby enhancing PGM market sustainability.

To date, this new technology has successfully met technical customer specifications during extensive development and testing undertaken by BASF.

“We are excited to announce the successful outcome of this collaboration with Sibanye-Stillwater and Impala Platinum to develop this new technology. The Tri-Metal Catalyst is intended to create greater supply certainty for our customers and potentially reduce their costs,” said Matthias Dohrn, Senior Vice President, Precious and Base Metal Services at BASF. “When there is a challenge in the marketplace, customers can count on BASF to deliver innovative solutions to meet their needs.”

Slightly more palladium is produced annually than platinum. However, current demand for palladium from the automotive catalytic converter industry is about three times more than the demand for platinum. This structural deficit in the palladium market has resulted in sustained market deficits in palladium. This contrasts sharply with ongoing platinum market surpluses.

Neal Froneman, CEO, Sibanye-Stillwater commented: “Having co-invested in this research with BASF and Impala Platinum to proactively supply our customers with a timely solution to the anticipated palladium deficits we are currently experiencing, we are delighted with the availability of this technology. As a company, we are committed to investing in market development opportunities that will meaningfully ensure the sustainability of the PGM industry for the benefit of all our stakeholders, including the end users of our metals.”

The increase in the palladium demand is in large part being caused by a market imbalance from tightening emission regulations in China, Europe and India, and a market shift from light-duty diesel to light-duty gasoline vehicles in Europe. This is resulting in higher costs for automakers.

Nico Muller, CEO, Implats (Impala Platinum) said: “At Implats we are committed to investment in market development for our primary products. We are pleased to have anticipated the need for the development of alternative PGM metal ratios in catalytic converters. We have been part of a team which has worked for several years to ensure a practical and cost-efficient solution for our common customer base. We believe the outlook for our primary products remains robust, especially when demand projections are more closely aligned to the ratio in which our metals are produced. We are proud to have contributed to a solution which will normalize longer-term demand with supply and benefit all members of the value chain – from miners, to refiners, fabricators and OEMs.”

BASF uses PGMs to produce catalysts that protect the air we breathe, produce the fuels that power our world, and ensure efficient production of a wide variety of chemicals, plastics and other products."

[frogkid] 10/3/2020 12:53

Got a measly amount at 3.39 first thing, going to top up once a week while this virus thing plays out. Just 50K per week for 10 weeks. Add another 500K but with a bit of caution over virus and placing.