Jubilee Metals Share Discussion Threads

[deme1] 13/10/2020 08:06

freedom

that is why plat is bitter.
He can't quite get it right

[freedom97] 13/10/2020 08:04

What's the point of having charts in the header, if you don't use.

That's why Plat sold at low price and buys at higher price. LOL!

[plat hunter] 13/10/2020 08:02

Cause it's Freedoms' alternative character

[freedom97] 13/10/2020 08:02

Dan, Zak is a chartist, there are many traders about, they use charts bar for some on here like Plat.

[9tintin] 13/10/2020 08:00

The reaction to yesterday's update could be regarded as somewhat 'muted' after all JLP was at 6p a few weeks ago - until the actual financials drop it's all guess work with regards to just how much profit Jubilee is making, - the real fun will start when Sable gets going and we won't see the numbers for that for a good six months. Quarterly progress reports would indeed be welcome, but I get the feeling yesterday's was a one off - for a reason which as yet is not apparent, and Leon's rider at the end of the RNS seems to confirm this.

The big unknown is the size of the next deal(s) Leon has lined up and how it will be financed - my guess it will be a mixture of cash, debt and equity with 'Elephant' obviously draining a fair amount from the coffers.

So in the short term (up to end of year) I don't see the share price getting ahead of it self - anything around 7p would be a great result IMO - staying there would be even better.

End of the month and we should see.

tintin

[frogkid] 13/10/2020 07:57

Only when he is predicting a rise

[danieldanrichardson] 13/10/2020 07:49

Why is Zak Mir idolised as if he's the second coming of Christ around here?

[freedom97] 13/10/2020 07:34

marmar, according to Zak Mir he says 8.5p+ expected by end November based on fundamentals and that was before yesterdays RNS:



5:30 in

[1madmarky] 13/10/2020 05:16

If as stated by the company, we are going to use cash and debt to finance Roan, elephant etc. Then whomever is loaning us the money will want to see the latest possible numbers describing the companies financial health.
Our latest numbers pretty much prove that we don't need to borrow, so therefore we will be offered a loan.
That's my take on the impromptu project update.

[marmar80] 12/10/2020 22:53

More news to come imo. I feel Jubilee is moving towards 7p soon and maybe shy 9-10p in 3-4 months.

[kennyp52] 12/10/2020 20:55

I don’t get some on here ..... this company needs to keep the momentum with a flow of news. Some of us have been asking for news . We got it . It’s good .... and getting better ... quarterly reporting is what this needs to keep it rolling . Good luck .

[deme1] 12/10/2020 19:57

Plat

I can tell

[plat hunter] 12/10/2020 19:39

I've never been right, I'm doing rubbish deme.Never make a single penny.

[deme1] 12/10/2020 19:22

Plat hunter

Since when have you every been right.

Sell low, miss out on an RNS and buy high

Player

[9tintin] 12/10/2020 19:18

Strange

Leon has never in the past felt the need to 'educate' the market as to how well he was running JLP by changing his reporting schedule.

As for there being a major event- I fail to recognise that one has occurred - all the news today was already forecast.

Seems to me like Leon felt the need to massage JLP's standing with the market - for why is less obvious.

No doubt it will all become clear in due course.

tintin

[plat hunter] 12/10/2020 19:06

Tin tinThe higher the share price the cheaper the fundraising costs.And get a punt a dump broker to help you out with a "punt of the week tip"Note, i referred to John Meyer as a pump and dump broker before todays RNS

[freedom97] 12/10/2020 18:47

I think the reason for todays RNS is simply that Leon is so excited by the excellent progress his team has made, in rapidly increasing revenue this year, that he wanted to share the results of his teams amazing work with the market plus giving project update etc.

[tonyevo256] 12/10/2020 18:47

Pure speculation on my part. Maybe they want to build upward momentum before some mega positve news is released with the results. Hopefully that the DCM pgm stockpile has been sold.

[robers98] 12/10/2020 18:36

The changes on reporting when discussed with the board at an agm. We were informed that if a major event occurred they would look at publishing an update.
Clearly they have decided that this required a stand alone quarterly update.
The copper if keeping to plan could kick in in Q1 2021. So we might yet see another.

[goingforarun] 12/10/2020 18:30

Or it could simply be that it shows the quantum of change going on...which will start a real rerate for the SP? This would then make all facilities cheaper?

[9tintin] 12/10/2020 18:00

I'm puzzled

Why have Jubilee produced a quarterly operations report and at the end of the statement then say

"As per the stated reporting timetable, the Company will continue to provide operational updates on a six monthly basis while continuing with more frequent project updates."

Why change the reporting schedule for just a single update - could it be that the cannon is being readied,,,,,,,,,,,,,,,,,,,




tintin

[bullster] 12/10/2020 17:49

.
.

15,044 PGM ounces produced earnings of £13,909,000 ( $18,172,108 )

$1,208 per ounce earnings

Average BBI for Q3 was $2,172

Deduct $1,208 from $2,172 = $964 the amount needed to reduce BBI to give the actual earnings.

.
.

[eblitz1] 12/10/2020 16:48

If the trading numbers are correct it's good to seemore sells than buys and the rise in the share price Getting shares int tighter hands over the last 2 years has been important.
However, although Plathunter is not so gracious in his situation I am starting to think this strategy of announcing the figures 2 weeks befor finals for last year has a reason. I'm not sure what it is for maybe a placing, too soon for anything that brings the new Non Exec into play in my opinion but something very big is going on in the background and some big player is accumulating. Can only be good. If we get 8p by Xmas then it would have been a really good year considering. I am hoping that Tjate is sold and the monies go into Elephant

[lostabillion] 12/10/2020 16:09

Today’s news easily supports a share price of 12p.

Is that you back in Deme1 with those two 250k trades?