Jubilee Metals Share Discussion Threads

[kennyp52] 13/8/2020 08:12

All this for £440k and we get that back initially before distribution of profit . PGM content is an extra . Looks of me like JLP are stating to call the shots on these deals which Cleans up the JV partners tailings , gives them a profit and gives JLP the ability to turn the waste into PGMs . This is the kind of deal I like !

[plat hunter] 13/8/2020 08:08

Cheers marky, sill blurry eyed and literally missed that whole sentence lol

[plat hunter] 13/8/2020 08:07

Think you're reading something else Tintin

[1madmarky] 13/8/2020 08:06

Cost is in the rns plat.... chicken feed

[9tintin] 13/8/2020 08:04

The head line is about the chrome but I'm guessing the real benefit is all about the 'discard' which seems to get a passing mention and no real detail.

The referencing of Windsor and Windsor 8 is going to create some confusion going forward for sure, are they on the same site?

No mention of 'fine chrome' - have Jubilee given up on this?

How does this deal affect the agreement with Windsor and the processing share I wonder.

Onwards and upwards

tintin

[plat hunter] 13/8/2020 07:58

Obviously more news to come.Who's the JV, how much is Windsor 8 going to cost etc etc

[frogkid] 13/8/2020 07:57

one assumes as much platty old chum

[plat hunter] 13/8/2020 07:55

Said the other week we needed a new chrome deal.. BoomVery good.. new processor and extra, what w5 million a year in earnings?As good as that is, why the secrecy about JV partner, is at last a big boy?

[1madmarky] 13/8/2020 07:52

Fozdad- the PGMs are probably more profitable than the chrome. Depending on the concentration of course but the other PGM supplies from a chrome source have been around 1.6g/t. So pretty good for waste.

[lostabillion] 13/8/2020 07:38

It’ll be nice to see the share price north of 6p today or certainly by tomorrow.

[fozdad] 13/8/2020 07:33

1MM plus the PGMs in the discard

[1madmarky] 13/8/2020 07:32

Fozdad- the Windsor 8 bit is new.

Leon continues to do what he said he would do!

[1madmarky] 13/8/2020 07:30

I like "All capital plus interest invested into the Joint Venture by Jubilee shall first be repaid prior to any distribution of earnings from the Joint Venture. Jubilee has committed to invest an estimated ZAR 10 million (GBP 440 000) towards the upgrade of Windsor 8"

So the cost is chicken feed to us but another 35,000 t/m chrome concentrate capacity.

Nice!

[fozdad] 13/8/2020 07:30

Leon mentioned this opportunity in his Mineprophets chat room. Good to see it come through so quickly. How long until we hear about plans to expand Inyoni?

[danieldanrichardson] 13/8/2020 07:30

'sold my trading pot just for transparency.It is not showing yet.500k for 5.27Buy order set for 500k @ 5p'We appreciate your honesty as ever, deme1.

[lostabillion] 13/8/2020 07:22

Don’t say I didn’t warn you Deme1.

Day trading this company simply isn’t worth the risk.

Buy and hold for a couple of years and you’ll make much much more than a few thousand gained then lost day trading/gambling imo.

Obvs up to you though.

[frogkid] 13/8/2020 07:13

Looks like free money for this RNS

[frogkid] 13/8/2020 07:12

Welcome back Brucie

[shotbybothsides] 12/8/2020 22:25

" Karin Richards
@Richards_Karin
·
Jul 14
Jubilee has been building this giant potential reverse Head & Shoulders for 5 years. Threatening to break out again. It may require yet more time, but I suspect this may be it. The R shoulder itself is potentially a strong pattern and the 50-month ma has flattened out.
Patterns that build over long periods can be very powerful when they break. I'm not saying it will be the case with Jubilee, but any picture that looks like this is worth considering. "

above is a few weeks old

[adejuk] 12/8/2020 17:54

bodes well for tmrw

[plat hunter] 12/8/2020 17:24

Big buys after hours

[frogkid] 12/8/2020 16:31

Zak, that fat bloke Knievel and Colin