Jubilee Metals Share Discussion Threads

[deme1] 14/10/2020 09:31

www.directorstalk.net/jubilee-metals-group-exceptional-performance-during-q3-2020-interview/

[1madmarky] 14/10/2020 09:25

Small volume moving the price up nicely

[plat hunter] 14/10/2020 09:21

100% GFA when and IF being the crux.

[goingforarun] 14/10/2020 09:19

Tim, agree on the quarterly reporting points. On a company with strong growth plans 6 months is too long to wait for confirmation of progress and just allows for negative speculation? Personally think Copper going live is the next catalyst not the annual results?

[timhigginson] 14/10/2020 09:15

I was pleased with the annoucement accelerating the delivery of the audited accounts. A well run company with a sound finance dept should have its accounts published within three months at the outside: irrespective of whether the results are good bad or indifferent. Just good governance.
It was disappointing that JLP decided to cease quarterly reporting which is mandatory for US stocks. Again quarterly reporting is easy for a well run company as it merely reflects what the CEO will know within a week of the quarter end.CEOs should not flinch at keeping shareholders well informed nor should they try to gild the lily if the results are not quite what is expected. The market is more impressed with transparent,timely and reliable information.

[plat hunter] 14/10/2020 09:12

Deme, if i only had a small pot and a single company to follow then that would possibly be the case

[kennyp52] 14/10/2020 09:12

Undervalued . Need another catalyst or a bid .

[bullster] 14/10/2020 09:03

.
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billyboy2fromiii,

Thanks for pointing that mistake out, i was p.u.i. , as the yanks say. I have altered my post, the SHARD note did say $2 cost per lb on a $3 per lb copper price, thanks for reading.

Best regards to you.

.
.

[1madmarky] 14/10/2020 08:55

I believe that the fine chrome extraction gives a higher grade product. But the market for that product is relatively small.

[9tintin] 14/10/2020 08:53

Deme

Will be interesting to see if your question gets asked - I imagine you won't be the only one raising the issue. If it's not on the list then I think by virtue of it not being a topic Leon wishes to address, we have the tacit acknowledgment on the subject.

Meanwhile we wait for news of the next deal,,,,,,,,,,,,,,,,,,,,

tintin

[deme1] 14/10/2020 08:38

9 tintin

funny you mention that, as I sent off that exact question for the webinar.

[gsg] 14/10/2020 08:38

"Most prices in global chrome markets were stable in September, although with a slight upward bias. Improved demand for chrome materials from stainless steelmakers is driving some small price increases, however, further upward moves will be limited. End-use demand for stainless steel remains much below year-ago levels, and while in contrast to some other alloy markets, stocks of most chrome materials and stainless steel are still elevated. Fourth-quarter charge chrome contract prices in Europe have recently been rolled over once more."

[goingforarun] 14/10/2020 08:37

Losta, do you know whether there is a Q&A session on the call?

[9tintin] 14/10/2020 08:30

I notice Leon is highlighting the benefits of better grade third party chrome ore in terms of improving the processing margins and improving the take off for PGM refining, but makes no mention of implementing the 'fine chrome' side of the operation, the question wasn't asked !!

Does this mean that the need for 'fine chrome; processing is now defunct?

With the prices of the two commodities I'm guessing it's all about the quality of the PGM off take rather than the chrome values and the margins involved.

After all an update on the implementation of the 'fine chrome' at Eland (I think)was due some time ago.

That and the DCM stockpile seem to have been kicked into the long grass.

tintin

[lostabillion] 14/10/2020 08:16

No, it’s free to all. Just get the zoom app if you haven’t already got it and put the id code in at 4.30pm.

[deme1] 14/10/2020 08:15

Don't know, just went straight to the JLP website

[1madmarky] 14/10/2020 08:09

?were you supposed to pay on the other link?

[deme1] 14/10/2020 08:03

Go to JLP's website
and you can sign up for the 16.30 webcast for free.

[lostabillion] 14/10/2020 06:29

Another RNS before the results in two weeks time wouldn’t surprise me!

I also think we’ll see north of 7p between today and Friday.

Something huge is going on in the background and will be released soon imo.

[lostabillion] 14/10/2020 06:27

Has everyone received the email from Jubilee about today’s webinar at 4.30pm? :—)

[billyboy2fromiii] 14/10/2020 05:52

Hi Bullster,

Isn’t the projected cost to produce $2 per lb (not $2,000 per tonne (as stated in WHIreland broker note 19 June). So at $7,250 per tonnes (divide by 2240) equals $3.23 per lb sale price, gross profit would be $1.23 (times 2240 equals $2,755 per tonne). Times 25,000 tonnes equals $68,880,000.

Where do you get the Shard guidance of $2,000 cost to produce from. Is that a mistake or have I missed something. The RNS of 6 Aug refers to $4,000 per tonnes which is aporox $1.8 per lb.

Regards, BB2.

[1madmarky] 14/10/2020 05:09

It does seem that Leon is finally at the point of being prepared to push the company publicly. Still not shouting from the rooftops but it's an improvement