Jubilee Metals Share Discussion Threads

[1madmarky] 25/5/2020 08:18

A little premature me thinks

[plat hunter] 24/5/2020 18:25

That was a good article that Gareth Jones one

[gsg] 24/5/2020 18:19

Bullster

Agreed, however I was trying to tie in projects of interest to Jubilee in Kitwe following this statement from Gareth Owen (Jubilee Business Development Manager) from last year.

"We are looking at a few copper-cobalt projects in Kitwe (the second largest city in terms of size and population in Zambia), which has been slightly behind economically recently.”

[bullster] 24/5/2020 18:01

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GSG,

It is 160 miles by road between Kitwe and Kabwe.

If we could buy a dump outright, and it was big enough, maybe.

But we would have to turn the tailings into concentrate in situ to avoid massive transport costs.

There is an investment risk, of copper price fluctuation, from setting up a satalite operation, when Leon mentions in a recent RNS that at Kabwe, copper production will be switch to more zinc production, depending on economics between the two.

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[plat hunter] 24/5/2020 14:44

What is going to happen here, will always happen. It always does eventually.

Prior to covid, we had a nice collar at 4.5 and a gap up of 0.72p to 5.22.

As Losta says, this should be much much higher than this

[scrappycat] 24/5/2020 13:37

Bullster,

Well, if your thoughts are anywhere near accurate, this would confirm my expounded belief that JLP is a money printing machine.

[bullster] 24/5/2020 12:07

Get ready to blow Jun 30 2019 ,
out of the water ! 😎






Jubilee Metals Balance Sheet


 
30 Jun 2016 (GBP)

30 Jun 2017 (GBP)

30 Jun 2018 (GBP)

30 Jun 2019 (GBP)

















 
30 Jun 2016 (GBP)

30 Jun 2017 (GBP)

30 Jun 2018 (GBP)

30 Jun 2019 (GBP)



ASSETS














 
4.98
6.81%

13.16
19.01%

10.36
14.93%

17.90
17.54%
m


 
61.84
84.60%

48.17
69.56%

44.39
63.92%

46.94
46.00%
m


 
-
-%

-
-%

3.69
5.32%

7.60
7.45%
m


 
0.56
0.76%

-
-%

-
-%

-
-%
m


 
-
-%

0.04
0.06%

1.31
1.88%

1.66
1.63%
m


 
1.31
1.79%

3.24
4.68%

3.31
4.77%

9.07
8.89%
m


 
4.41
6.04%

4.64
6.69%

6.38
9.18%

18.87
18.49%
m






73.10
100%

69.25
100%

69.44
100%

102.04
100%
m





LIABILITIES














 
2.25
3.08%

6.84
9.87%

3.95
5.68%

6.94
6.80%
m


 
14.68
20.08%

6.05
8.74%

6.69
9.63%

16.42
16.09%
m


 
-
-%

-
-%

-
-%

-
-%
m


 
-
-%

-
-%

-
-%

-
-%
m


 
-
-%

-
-%

-
-%

-
-%
m






16.93
23.16%

12.89
18.61%

10.63
15.31%

23.35
22.89%
m

[plat hunter] 22/5/2020 22:16

100% by friday gfa

[lostabillion] 22/5/2020 22:10

Should be north of 10p but wtfdik.

[goingforarun] 22/5/2020 22:07

I thought you were up for 5p by Friday!

[plat hunter] 22/5/2020 18:07

Almost Losta.I reckon 4.2 by the end of July at this rate before a re-rate towards 6p shortly after.

[lostabillion] 22/5/2020 15:07

Might we see a 3.5p close today?!?

[alwaysevolving] 22/5/2020 14:04

I trust you took notes Avatar333 ?

[texaschaser] 22/5/2020 13:53

kibo katoro comps not good sign but if LC do deals at JLP good chance of making up for other two duffer comps. no deals. no chances.

[avatar333] 22/5/2020 13:11

I really enjoyed the posts in relation to 'the ML'.

Thanks to all.

[adejuk] 22/5/2020 12:01

all of that is above my pay grade although it does feel like a coiled spring.

[plat hunter] 22/5/2020 11:54

Makes sense.. I use cfd's as a rebalancing tool, much in the same way a multi manager will use etf's to cover the box.I imagine there's more than a few here that are quite heavy with cfd's though. Hence the volatility and why the chart is so damn reliable... Everyone is on the same trade

[freedom97] 22/5/2020 11:47

It is strange though why we've seen a huge increase in these micro trades which only started about 8 weeks ago. Before that we hardly saw any and when a 1,2 or 3 trade went thru we would get some posting, 1 = RNS about to be issued and 2 MM's code they want shares or whatever it was etc.

[plat hunter] 22/5/2020 11:34

It's highly unlikely it will show imo. I can't see many reasons why a cfd broker would need to fulfill an order in it's entirety when their only risk and exposure is the margin.These are the micro trades that everyone sees and wonders who is buying 48p's worth

[freedom97] 22/5/2020 11:21

No problem Plat, it would seem by the link I posted that most smaller trades are listed straight away but some like your trade don't go thru straight away.

If you had not mentioned you bought some at that price I would not have known that for some reason they delay posting them. I do understand why they delay larger trades. So Thanks!

[plat hunter] 22/5/2020 11:17

Apologies freedom I thought it was a dig.Yes imo they are a waste of time for AIM anyway. There can even be up to 4 trades that represents a single transaction especially if market participants are having to sell and buy with a MM in low volume markets with overhangs.Again apologies I thought you was kicking off the B&B argument again.

[bullster] 22/5/2020 11:09

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Good morning, AVATAR333.

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