Jubilee Metals Share Discussion Threads

[kennyp52] 11/6/2020 10:18

Bullster .. big apology ... got it in my head year end is 31/12 and therefore H1 would be to 30/6/20 . Numptie ! If your projected figures get confirmed ( why shouldn’t they be ? ) then surely this will be the trigger for this to fly through 4/5p ? My own assessment of MCAP in a bid situation is £150m minimum which is above 7p. Need an RNS .

[billyusa] 11/6/2020 10:15

Tnx GSG,so lets say ACAM decides to convert their outstanding loan that Jubilee owes them into shares at 2,81p at its absolute discretion,would a Broker like Cantors be involved here? ACAM would be crazy not to convert the outstanding loan into shares IMO.

[avatar333] 11/6/2020 10:02

Avatars get far too excited / despondent about the minutest of movements in price.

[freedom97] 11/6/2020 10:02

deme, well if those that bought around 2p are happy with selling now while share price is still very low then that's their choice if they want to miss out on increasing their profits many times.

Also, if they sell hoping to buy back cheaper, look what happened to Goldibucks who sold many millions at very low price compared to now and Losta who sold for a 10% profit @3.62 hoping to buy back cheaper.

[gsg] 11/6/2020 10:02

billy.

It goes in phases, depending on which mm has a pet ii buying or selling. Cannacords were driving the offer for about six months last year, until they switched to bidding as they had an institutional buyer. Early this year JBER sparked into life and were taking the lead on the offer. At the moment its Cantors bossing it, so they have a line of stock from somewhere.

[billyusa] 11/6/2020 09:54

The buying pressure will keep on intensifying here the closer we get to August.There is always some II in the know.

[deme1] 11/6/2020 09:53

I can see why some people would sell.
Especially those who bought in around 2p.

The media does not help with regards to the markets.

i am waiting for results

[freedom97] 11/6/2020 09:46

So doesn't look like those 3 mark downs earlier were due to large sells going thru as none have shown up after more than an hour. Unless over 1m sell which may be delayed 2 hrs or more if very large sell.

Why would anyone want to sell now anyway, unless they urgently need dosh.

[plat hunter] 11/6/2020 09:40

Decent volume and no spread tick up coming again

[plat hunter] 11/6/2020 09:36

My understanding billy is that cantors are investors. So named after the Cantor Fitzgerald the original stateside "Cantor" exchange"Still learning this side of it myself, so happy to be put right.

[billyusa] 11/6/2020 09:30

Why is Cantors always on the offer ,or is this not the case GSG?

[scrappycat] 11/6/2020 09:23

FTSE 100 down well over 2%, so most shares marked down at the outset on general market sentiment alone. Looks like JLP will buck the trend shortly.

[gsg] 11/6/2020 09:14

L2 2 v 1 with Cantors alone on the offer

[plat hunter] 11/6/2020 09:12

Looks like someone is still buying chunks.Anyone with level 2...What the are the cantors doing today?

[niloc4] 11/6/2020 09:06

In yoga, jubilee would be called the downward facing dog. As plat hunter would say to Leon, "that fits nicely"

[avatar333] 11/6/2020 09:06

Good morning all.

[plat hunter] 11/6/2020 09:00

It's a ledger, every single transaction is therefore booked twice (in and out)Exactly why it's pointless trying to reconcile every single trade and trying to reconcile whether it's a buy or a sell and at what price.Don't sweat the trades, track the candles

[gsg] 11/6/2020 08:59

Only the trades we can see are mostly buys.

[niloc4] 11/6/2020 08:56

And down she goes yet again. Jubilee slowly getting back into its normal historic downward spiral pattern. A few days up vs years and years down.

[goingforarun] 11/6/2020 08:49

Find it bizarre that the share price drops when most of the volume are buys?

[gsg] 11/6/2020 08:04

imo we'll get knocked back first thing with a reversal later in the day.

[billyusa] 11/6/2020 07:13

I like the look of Bullster's EBITDA of 37 million $ for the first half of 2020. I think you will be the closest IMO. Will have to go halfway with my 30-35 Million $,so 32,5 million $ EBITDA for me then. The Snake has EBITDA of 10 Million $.

[bullster] 10/6/2020 20:25

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kennyp52,

1st Half Results were RNS'd in March.



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