Jubilee Metals Share Discussion Threads

[adejuk] 19/6/2020 15:37

plat
you can get into schoolyard squabbles
i guess you like them
i don't
however, i appreciate your comments and your perspective
go well
i think we may get rich here in a year or two

[adejuk] 19/6/2020 15:35

50p in a year

[plat hunter] 19/6/2020 15:10

9-12 months I reckon deme.3-6 month build and then ramp up from there.All the testing would have been done already it really will just be a case of cracking on with it.

[deme1] 19/6/2020 15:07

Copper could go the same way (doubtful but could still happen).

PS this project will be a long time in the making.

[deme1] 19/6/2020 14:59

Don't want to be the party pooper, but we had all this when kabwe was announced. The unbelievable amounts of cash that vanadium would throw off! Yet where is the vanadium?

I do like these bigger projects, just wish they would finish one first before moving onto the next.

[adejuk] 19/6/2020 14:53

this is a unicorn

[the bull] 19/6/2020 14:44

Apols if already posted

www.sharecast.com/news/aim-bulletin/jubilee-metals-secures-rights-to-copper-tailings-in-zambia--7545554.html

[bullster] 19/6/2020 14:35

.
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If the target 25k t of copper cathode per year comes off it will double what was previously targeted for.

Gross profit $2,240/t x 25,000t = $56,000,000. p/a

In contrast, 60,000 oz of pgm's = $60,000,000 gross profit. p/a

Goingforarun,

Yes, all good deals, but pgms are already near target while copper lags behind.

It irks me that the DCM pgms could have saved so much cash outlay and massive dilution.

edit, add $8,00,000 p/a gross profit when DCM begins

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[fozdad] 19/6/2020 14:34

I did my bit yesterday

[adejuk] 19/6/2020 14:32

come on guys. buy for f's sake
it won't take much to tip it

[adejuk] 19/6/2020 14:31

i ticked that up from my sofa. but i am twitching my muscles.

[goingforarun] 19/6/2020 14:13

Bullster, maybe you would call it quite a good deal?

[texaschaser] 19/6/2020 14:03

must be serious reason LC not buying

[bullster] 19/6/2020 14:03

.
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W.H. Ireland. (19/06/20 note)

With operating costs (including ore purchase costs) expected to be ~$2/lb copper produced, at capacity producing 14kt/a copper, Sable will have a gross profit of ~$30m at our long-term copper price forecast of $3/lb.

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Copper tailings 150,000,000t @ grade 0.35%. (you always lose some copper in processing, so 0.34% copper) = 510,000t of copper cathode

Sable operating cost $2/lb or $4,480/t
Gross profit $1/lb or $2,240/t x 510,000t = $1,142,400,000

I am not sure if W.H.Ireland has included our 60% profit from concentrate sales in the Sable $2/lb operating costs.

Not to mention cobalt profits.

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[adejuk] 19/6/2020 13:58

so i think that is 0.0125% of co.

[adejuk] 19/6/2020 13:57

now 2.3 mill

[adejuk] 19/6/2020 13:56

come on
get behind the sofa cushions :-)

[adejuk] 19/6/2020 13:55

that;s me broke
45,446

[adejuk] 19/6/2020 13:53

if you have spare cash, they buy some
i have about 2k
i'll go first

[deme1] 19/6/2020 12:56

trades are not exactly going through at full offer. Makes you wonder what we do need to break and hold above 4p

[adejuk] 19/6/2020 12:39

with this vol we should finish above 4p

[plat hunter] 19/6/2020 12:22

140 million tonnes at 0.35%

[deme1] 19/6/2020 10:43

So the brokers note mentions project roan and project elephant. Not heard Leon mention those, brokers getting more info that use mortals as usual.

[alpal2] 19/6/2020 10:36

What's persuading people to sell at less than 4p? While the latest RNS makes good reading, are there political factors inducing people to sell? Has JLP management taken such steps as are possible to protect itself from the rampant corruption in southern Africa?