Jubilee Metals Share Discussion Threads

[kryptonsnake] 19/5/2020 12:24

Might have to short this one again. 2p coming soon


LOLsss

[kryptonsnake] 19/5/2020 12:23

Mug shareholders "The Jubilee Way"

Nice slogan Leon


LOLsss

[kryptonsnake] 19/5/2020 12:22

Mug shareholders "The Jubilee Way"

Nice slogan Leon


LOLsss

[the bull] 19/5/2020 12:22

"The Jubilee Way" lol, may employ that in my business

[kryptonsnake] 19/5/2020 12:21

DCM only CONTRIBUTING to the disassembly cost

What about building it again?

It's not cheap to build and commission a plant

Expect a few million pounds coming out of the bank to fund it

This explains why they need another placing


LOLsss

[plat hunter] 19/5/2020 12:11

Not quite..."Key terms of the termination includes DCM contributing to the disassembling cost of the fine chrome facility and the Company committing to complete the disassembly before end of August 2020"Probably Q2 21 before it's operational and I wonder what is happening with the dam and the millions in PGMs locked in there.Not a great RNS, as once again bigger questions raised than the just the fricking chrome.

[scrappycat] 19/5/2020 12:08

JLP will not be doing this for fun, so they must have a better use for it. Since the tailings will now be processed at Inyoni and Windsor, this presumably means they have another project, yet to be announced, in the pipeline - or am I misreading things?

[bullster] 19/5/2020 12:07

.
.

Chrome production carries on at DCM.

Only the fine chrome is moving, because it was running into a period of under optimization.

.
.

[1madmarky] 19/5/2020 12:01

"Key terms of the termination includes DCM contributing to the disassembling cost of the fine chrome facility and the Company committing to complete the disassembly before end of August 2020. The Company expects no material impact on its earnings during the relocation phase of the fine chrome facility"

DCM help to pay costs. :-)

[undertaker] 19/5/2020 11:59

and it's not costing JLP a penny to do this move (if I've read correctly).

[lostabillion] 19/5/2020 11:56

Krypton obvs hasn’t read the RNS or is simply thick, probably both ;-)

[niloc4] 19/5/2020 11:54

Leon, tell the truth for once about this chrome operation.And, when is platinum then going to start? What an absolute waste. Middle finger again to the shareholders. U are genuinely a tool. Once again the shareholder has to Waite. More costs, and still nothing.

[ginko3] 19/5/2020 11:53

Dates seem a but screwy, only completing dis-assembly by end of August but also want to have completed the whole move (disassembly, transportation and re-assembly) by then but wtfdik.

[kryptonsnake] 19/5/2020 11:53

Another failed project

Just look at Kabwe


LOLsss

[deme1] 19/5/2020 11:51

Back to 2p in short order.

That must have been a bitter pill for the team to swallow.

Not only has DCM bee a total dissapointment since its inception, it is now closed with no plan on opening back up in the foreseeable. How many shares did that project cost us again!

[deme1] 19/5/2020 11:49

All that money sunkinto DCM and it only do we not have Plat earnings we have now lost chrome earnings.

How much will it cost in money and time to get the fund a chrome plant transported, set up and optimised.

Down day today ;)

[fozdad] 19/5/2020 11:46

I certainly didn't, but I was thinking over the weekend that it was a shame we couldn't progress the Fine Chrome at Inyoni and Windsor. I like nice surprises.

[eblitz1] 19/5/2020 11:41

The latest RNS is an excellent idea and I bet no one thought of it.

[kryptonsnake] 19/5/2020 11:40

DCM down the drain

That's going to be costly

I'm out


LOLsss

[philby1] 19/5/2020 11:37

RNS just out.

[cernunnus] 19/5/2020 11:29

Lol! Frog i know how you feel very frustrating game. My clubs were banished to the loft many years ago there still there i think.

[plat hunter] 19/5/2020 11:23

Frog me too.. I only play once or twice a year.Make a point of hiring a golf buggy, take a cooler box and some pre rolled.I get round in about 5 hours and very rarely under 120 but i get wrecked it's literally just a day out in the sun and catch up with some friends

[frogkid] 19/5/2020 11:07

Golf is a game that makes me want to smash everyones face in so I no longer play it.

[mark of the rushes] 19/5/2020 10:17

Golf working for me.