Jubilee Metals Share Discussion Threads

[plat hunter] 20/5/2020 08:08

100% my sentiment Froggy.We're fortunate that expected earnings don't include dcm pgm's, however that doesn't mean we should just forget about them.If indeed there is a pgm dam with almost 30 million quid in then I would have thought that would have been the priority and quote disappointed that it isn't

[frogkid] 20/5/2020 07:31

Been trying to get my head round this DCM plant move. I get unsettled when something pops up unexpectedly like this. I dont think the RNS makes it clear enough what happens to PGM tailings. That said I do quite like the fact that we have not been afraid to make this move and to be fair to the board we are briefly on track (we assume) to make some decent profit this year. Providing the CV doesn't balls it all up for us. I would like to see positive progress at Kabwe and clarification on PGM tailings at Dil and then I will be confident in pumping some more cash in here. Might drop Leon a line.

[1madmarky] 20/5/2020 05:40

Platinum, palladium and rhodium all going in the correct direction :-)

[deme1] 19/5/2020 20:45

Dow getting hit now.

Sub 3p tomorrow.

[timhigginson] 19/5/2020 19:07

Whatever. We know that JLP profits for the year to 30/6/2020 will far exceed the real profit for 2019 that is to say removing the write back from the 2019 numbers.With what is happening in Kabwe and the full year figures for the PGM's the year to June 2021 will show another large improvement.

To solidify the companies claim to be a reliable growth company and so command a premium the company now needs and additional purchase of circa 40m to be contributing ing 2021/2.

[niloc4] 19/5/2020 18:41

Colin s bank must be in overdraft. What an idiot

[texaschaser] 19/5/2020 18:37

Saves on the Capex, plant reusable across multiple projects. Sounds a winner to me!

LOL. Just put it in back of van and hi ho hi ho off to work we go.

Needs deals.

[niloc4] 19/5/2020 18:15

Colin said that it's as good as having money in the bank

[texaschaser] 19/5/2020 18:05

Lots of odd people on here.

[deme1] 19/5/2020 17:49

Not Chinese law, correct.
But this is South Africa and anything goes.

[frogkid] 19/5/2020 17:42

Not necessary Avi my old chum

[avatar333] 19/5/2020 17:38

Apologies, frogkid.

[frogkid] 19/5/2020 17:36

Hi Avi, i didnt go! I was referring to an earlier post. I still have my clubs but they sit in the garage glaring at me like a malevolent force from hell.

[avatar333] 19/5/2020 17:35

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[avatar333] 19/5/2020 17:29

Good Lord!

[goingforarun] 19/5/2020 17:28

Only if they pay for it. This isn’t Chinese law!

[bullster] 19/5/2020 17:24

.
.

His wife got hit between the 1st hole and the 2nd hole, by a wayward golf ball.

Was barely enough space to fix a band-aid plaster

.
.

[deme1] 19/5/2020 17:23

Suprised this did not fall further today.

It would be interesting to know how much WE spent at DCM (which has never made a profit)

And now it looks like Leon is admitting defeat.
For those that were invested way back when, WE were promised by Leon and Colin that DCM coupled with Hernic (When Hernic was a profit share) would enable us to GROW ORGANICALLY!

Seen us coming didn't they lol.

I do admire the sheer neck of Leon trying to spin this as a positive! DCM was a failure and money pit from the start and it would not suprise me to see our pile of platinum concentrate suddenly belonging to the new Chinese owners!

[kryptonsnake] 19/5/2020 17:14

Frogkid was balls deep in a few holes today

His game of golf didn't go very well


LOLsss

[robers98] 19/5/2020 17:10

Mentioned in the glr article.

[avatar333] 19/5/2020 17:03

How did the round go, frogkid?

[frogkid] 19/5/2020 16:55

Yes I do like the mobility and also that we seem able to bend with the wind a bit. This will put the licks on share price increase for a while though as whichever way you sell it this was not planned.

[1madmarky] 19/5/2020 16:55

The DCM PGM'S aren't going to dissappear. But there's not enough there to get the same return on the investment compared to kabwe for instance. That's why just uprating the material has been spoken of rather than a full plant. At some point DCM chrome will be back on line plus there are other mines in the locality which have tailings for sale (they were doing that but quality and quantity was an issue). Just a case of finding the best way to monetise the asset.