Jubilee Metals Share Discussion Threads

[plat hunter] 18/5/2020 08:56

Liquidity JuJu

[juju44] 18/5/2020 08:53

Look at the metals - wtf is wrong here

[bullster] 18/5/2020 08:52

PLATINUM
49%
@
$813.00
$398.37


PALLADIUM
40%
@
$1,921.00
$768.40


RHODIUM
9%
@
$4,500.00
$405.00


GOLD
2%
@
$1,758.00
$35.16





B.B.I. =
$1,606.93

[millwallfan] 17/5/2020 20:37

Bullster. Thank you. Fairly new to this board but been in jlp since original tjate find which was said to be largest platinum find in the world and would propel share into several pounds lol. Only hold 220k and slightly underwater so just a medium to long term hold for me to see if all this diversification into tailings delivers on its obvious
potential. Presumably if platinum ever returns to historical highs tjate will be back on the agenda ????

[plat hunter] 17/5/2020 11:34

London's rate of coronavirus infection has fallen to less than 24 cases a day, the lowest in the UK, nearly two months after the region hit a high of 200,000 new cases in a day at the start of the nationwide lockdown.Research by Public Health England and the University of Cambridge's MRC Biostatic Unit showed the number of daily infections in London now halving every 3.5 days, which means coronavirus could be wiped out there within just two weeks.Https://www.independent.co.uk/news/uk/home-news/coronavirus-london-lowest-rate-infection-uk-a9515761.html?amp

[texaschaser] 16/5/2020 21:21

5p by Friday April 1 2061. shoot each others toes across bbs will keep share price down.
no deals.

[robers98] 16/5/2020 17:33

All this talk on chrome, last week Leon was concentrating on Zambia copper tailings. 40/50m tonnes at processing rate of 100,000, with some tailings at around 2%. Was the example given.

[millwallfan] 16/5/2020 17:24

So overall then taking all factors and variables into account is the consensus re chrome for us negative, neutral, slightly optimistic, quite optimistic or very optimistic ????

[bullster] 16/5/2020 16:51

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Plat Hunter,

Trying to predict future profits from chrome is fraught with complications.

We have 3 operations plus we don't know the arangement made for the Windsor/Northam chrome.

DCM is third party crushing, heavy crush through to spirals then to fine.
Inyoni is light crush and spiral then floatation remains, fine in planning.
Windsor is thid party ore mixed with our own tailings as treated as some of the above.

All diferent operations with various capacities.

Add to that, new machinery is usually paid for directly from earnings, further scewing the figures.

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[bullster] 16/5/2020 16:13

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Thanks, shotbothsides, duly altered .

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[niloc4] 16/5/2020 16:10

Plat Hunter is Colin and Leons poor marketing tool they use to promote jubilee. The latest jubilee phrase that the tool(excuse the pun) is advertising is, "5p by friday".He is Jubilees little ramper zol boy. Plat Hunter is also pushing the, "pump in the dump" at the caravan park advertising campaign for 5p on Fridays. Krypton snake, Deme1, Jonathon and Chopper....Top Movers

[shotbybothsides] 16/5/2020 15:56

should that figure for Inyoni not be $ 900,000 per month ?

[plat hunter] 16/5/2020 15:39

Every 5 dollar increase is an extra 2 million dollars earnings then... Niiiice

[bullster] 16/5/2020 15:20

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More chrome debate, not a bad subject to cover whilst the price is said to be recovering.

In the 6 months to December financial report we produced 186,249 t of chrome, Inyoni chrome was only attributable in the latter months.
Add a year with full Inyoni plus the extra fine chrome comming on tap, plus the expected volume increase, we could well be producing 480,000 tonnes of chrome per year.

In the last six months results we averaged $62/t in revenue and just $2/t in earnings.

Just a matter of multiplying those 480k tonnes by any rise.

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[plat hunter] 16/5/2020 14:34

Cheers Bullster

[bullster] 16/5/2020 14:24

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Plat Hunter
16 May '20 - 00:02 - 22131 of 22135

Could someone remind me how much chrome we're pulling?

Given a possible uptrend and that it's costs are covered by pgm production.. Every $1 increase goes straight to the bottom line

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This only applies at Inyoni.

Chrome was allways included in the cost to produce pgm concentrate at Inyoni, because we where allways meant to hand the chrome back.
Now that we have bought the rights to that chrome, it's as though we get it for free, but the cost to produce this chrome is already priced into the Inyoni pgm concentrate,
Bye the way it's around 10k tonnes per month.

All of our other chrome extraction operations are costed as stand alones, so for instance, when pgm concentrate begins at DCM costs to produce will work out cheaper than the old figures we were given at Inyoni.

The current financial reports "now" separates chrome from pgm's, so trying to work out the value of that 10k tonnes of chrome at Inyoni is obsolete for the future, it's all now inclusive.

Ok, if you are trying to add that value to an old report 10k tonnes per month at say $90/t free on board to China is $900,000 per month.

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[deme1] 16/5/2020 13:14

E = MC 5p by Friday

[plat hunter] 16/5/2020 13:03

It really isn't deme.5p will happen by Friday and when it does, you'll look even sillier than when you're dreaming of getting filled down the caravan park by Johnathan's chopper

[deme1] 16/5/2020 12:59

Stop asking me questions, I am still trying to get my head around your:

5p by Friday equation! It's a thing of pure genius

[plat hunter] 16/5/2020 12:55

Deme are you old enough to remember the little brass plates that would be stuck onto, above or behind the bar in a boozer?

For example some of them said " No wifes allowed" or "Free Beer Tomorrow"

[deme1] 16/5/2020 12:15

Friday 5p?