Jubilee Metals Share Discussion Threads

[plat hunter] 05/6/2020 11:16

Much more likely to get houses such as Threadneedle, Gartmore and Marlborough for example to be much more interested here over BlackRock.

[billyusa] 05/6/2020 11:10

Snake,how things working out for you at WRES and BMR? Sell up(BMR impossible) and come join a proper company,lol

[gsg] 05/6/2020 11:10

Fastmarkets’ chromite 46% Cr203 min, wet bulk, South Africa assessment has risen by 10.3% since the lockdown to $205-225 per tonne as of June 2.

But some producers will be cautious about increasing production. A bid to quickly increase production raises the risk of an outbreak of Covid-19 and the need to halt operations again.

"We are being extremely cautious in ramping up our production to 50% of capacity, to maintain the health of our people," a chromite producer said.

"While the new rules mean that production levels can go up in theory, in reality most producers are still too concerned about the risk to do so," a second chromite producer said. “We expect there will still be significant interruptions in production until August - so it may not be until the fourth quarter that production is back to normal.”

“There is an opportunity cost to not producing that you cannot realize the benefit of higher prices, but there also the risk of ramping up production and the prices falling again,” he added.

The chromite market has been slow to increase production since the lockdown. The market had been oversupplied and producers are wary of a return to this.

As a result, some mines may not reopen at all, such as Kroondal, despite having the option to do so and increased prices.

[plat hunter] 05/6/2020 11:09

BlackRock are primarily capital risk management providers.They not at all stock pickers or stock investors in the same way you'd expect a run of the mill unit trust or oeic manager.Much in the same way that Amazon shopping only accounts for approx 10% of all of Amazons business.BlackRock would much rather lend to a business that has mediocre illiquid assets but will struggle with cashflow than they would invest in an AIM company and you don't have to look much further than Krypton's WRES for a working example of that

[billyusa] 05/6/2020 11:03

"Black Rock wouldn't touch this with a barge poll" Not yet but after August results they will definitely start taking note with many other Investment houses and pension funds.

[kryptonsnake] 05/6/2020 10:45

Black Rock wouldn't touch this with a barge poll

More chance of Colin Bird losing 10 stone


LOLsss

[kryptonsnake] 05/6/2020 10:44

10 million EBITDA for first half


LOLsss

[kryptonsnake] 05/6/2020 10:42

I predict a placing


LOLsss

[billyusa] 05/6/2020 10:41

EBITDA first half of 2020 could be 30-35 million $ IMO. Any other predictions out there?

[deme1] 05/6/2020 10:32

Bullster

What do you predict JLP's revenues/earnings to be for the first half of 2020?

[bullster] 05/6/2020 10:27

PLATINUM
49%
@
$820.00
$401.80


PALLADIUM
40%
@
$1,867.00
$746.80


RHODIUM
9%
@
$5,300.00
$477.00


GOLD
2%
@
$1,708.00
$34.16





B.B.I. =
$1,659.76




Bit of a backwards step for BBI this week. No wonder metal traders need a $3,000 spread on rhodium,,, wild swings.

[avatar333] 05/6/2020 10:16

Good morning each.

I fear I may be absent from the green for large portions of the day.

[alwaysevolving] 05/6/2020 10:11

Good morning Avatar333.

[frogkid] 05/6/2020 09:51

Good morning Avi

[texaschaser] 05/6/2020 09:38

3p by Monday

[avatar333] 05/6/2020 09:36

Good morning all.

[deme1] 05/6/2020 09:26

It is Friday and statistically the share price drifts down end of day.

We have had a good week so far though.
I think news may be needed to get us through 4p.

gla

[goingforarun] 05/6/2020 09:25

Frogkid, I agree and it’s long overdue. Just thought it was early on Friday. share price seems to tick up mid morning?

[frogkid] 05/6/2020 09:22

I know GFA but I am having a stonking week and 4p would finish it off nicely !

[plat hunter] 05/6/2020 09:20

Still early

[goingforarun] 05/6/2020 09:12

Frogkid, it’ll come in good time!

[frogkid] 05/6/2020 08:57

Dont think we will see 4p today. Grrrr.

[danieldanrichardson] 05/6/2020 08:53

Precisely Sleeven

[deme1] 05/6/2020 08:51

JSE on the rise again.
We do need to see these figures to get a rough idea of where we are.

There has been so many changes as of late, I ain't got a clue what our estimated revenues/profits are going to be.

Bullster you are normally close with projections, what says you?

[deme1] 05/6/2020 08:45

Sleveen

we still have a much higher daily death rate and our country is getting back to normal.

I think thats where SA will be lucky (If you can call It that). in a way that the rest of the world has come to grips with covid and will no doubt step in and help the African continent with their outbreak. We were all fighting for ppe and working out what to do at the same time which made things difficult.