Jubilee Metals Share Discussion Threads

[deme1] 04/8/2020 11:15

3.358 to buy 500k
Still have a seller in the mist

[gsg] 04/8/2020 10:57

With regards to the short term copper deals which they could shove through Sable within 5 months, its interesting to again look at the Mindola dam deposit at Kitwe which was abandoned by Cape Lambert because they wanted a higher cobalt content.

Could be barking up the wrong tree, but this copper/cobalt tailings dam has already been drilled and shows copper at over 1% and is estimated to contain 17.72 m tonnes of tailings with a small footprint being 750m x 650m x 15m high.


The option Cape Lambert had on this dump was for peanuts, so wouldn't stretch Jubilee to much.


"The deal with Australian Mining Co. Zambia Ltd. calls for the company to pay US$25,000 upon execution of the binding terms sheet. Cape Lambert must then spend US$500,000 within six months to retain the 70% stake.

A further US$150,000 must also be paid on milestones including the granting of environmental approvals and mining and export licenses."

[plat hunter] 04/8/2020 10:13

Previous trading pattern low was 3.30 if I recall correctly, so still circa 20% up on that.An excellent buffer to record a new higher low

[avatar333] 04/8/2020 09:49

Good morning all.

[plat hunter] 04/8/2020 09:01

They can take up to 5 busines days to show, especially of it's an off book or nt, which is likely for 2.5 million as it's circa 40% of daily volumes.

[freedom97] 04/8/2020 08:44

For that size trade they normally delay showing for 2-3hrs as the markets closed 20min after purchase, I presume would show around 09:10 or 10:10 but should show up sometime today, however, it is possible the MM's might only put thru end of today.

[deme1] 04/8/2020 08:35

Losta

Did you see the volumes change on Google finance and claim a purchase? (which would have been the 2.84mil)

I cannot see a 2.5mil showing for 4.10pm
Unless the pesky MM's are still hiding it.


Freedom - the trade is still not showing, which to me means it is a little suspect. I will however appologise if it does pop up today

[freedom97] 04/8/2020 08:34

Deme, read his post 25500:

"I bought 2.5m at 1610 hrs this pm but not showing!"

Maybe it will show up @09:10

[deme1] 04/8/2020 08:32

Losta said 2.5mil

I can see a 2.84 mil @ 4.3p but no 2.5mil?

[freedom97] 04/8/2020 08:30

So you're wrong deme, Losta paid full ask @4.45 as per his post 25516

[deme1] 04/8/2020 08:27

Losta

what price did you pay for your 2.5mil yesterday?

[lostabillion] 04/8/2020 08:26

2.5m PH @ 4.45

[deme1] 04/8/2020 08:26

Nope, set a buy order for another 500k @ 4p though.

Could get there, probably not.

[lostabillion] 04/8/2020 08:24

Have you sold your 500k by any chance Deme1? ;-)

[deme1] 04/8/2020 08:11

can buy 500k for 4.39

So nowhere near full ask for quite a large amount. Seller still here, coupled with the fact "apparently" Losta was able to buy 2.5mil yesterday in one sitting is not a good sign sadly.

[9tintin] 04/8/2020 07:54

I thought this was/is the "long run" now - LOL

tintin

[deme1] 04/8/2020 07:42

Losta

TW and Zak do not get emotionally involved.
He made his profit here and it is no skin off his nose highlighting another share and riding the momentum up whilst his followers get on board.

Does not help that there is a big fear of a second wave. We went to 2p on the first wave, so going back to 4p or even below is a real possibility. But JLP should be good in the long run

[lostabillion] 04/8/2020 07:28

I wonder if my purchase will show early doors?!?

Imo TW wouldn’t dream of selling at this level. He and Zak know Jubes is about to take off!

[goingforarun] 04/8/2020 07:07

Some of this drift is probably due to the lower USD which has weakened over the last couple of weeks whilst PGM prices haven’t increased by an equivalent amount?

[1madmarky] 04/8/2020 06:28

Well the p&d did get us past 4p, so greatfull for that.

[boris cobaka] 04/8/2020 06:21

1mm

The p&d now complete but the share price unfortunately wasn't able to scale the heights needed. TW has likely exited now and job done. We should expect an rns confirming the purchase of more slag together with a placing at 4p+. The concern I suspect is that they couldn't crack 5p. Gap on the weekly!!! Has to close imo. Gl.

Shares - 'moving things around'. Wise decision as jlp is first and foremost no longer a play on pm's. Their rem's and plat production will still continue but they'll be branded primarily as a bm play. Bm's will do well but on a different trajectory to pm's.

[deme1] 03/8/2020 20:09

Just nerves over in SA

I think 4p could be touched unless a good RNS shows it's head. And even then, that could get sold into.

[kennyp52] 03/8/2020 19:52

Somebody mend the sail ... we are drifting ...