Jubilee Metals Share Discussion Threads

[billyusa] 22/10/2020 14:14

Exporting chrome concentrate gets taxed, while exporting final chrome metal does not get taxed. Never mind fine chrome, if you don't have the efficiencies of Jubilee metals and just producing chrome concentrate ,you screwed with this low chrome price. No wonder Leon has the ambition to become number 6 pgm producer in the world.

[frogkid] 22/10/2020 13:49

Losta is nothing if not an eternal optimistic fellow. Dammed good chap to have along with one in the trenches. Crumbs.

[goingforarun] 22/10/2020 13:46

Losta, think you’re living in hope on the buy order. We now need commencement of Copper to give the next leg up!

[frogkid] 22/10/2020 13:41

That's a common tax. Designed to keep processing in country. Good for JLP.

[plat hunter] 22/10/2020 13:33

No reason not to get for more chrome deals then.

[billyusa] 22/10/2020 13:23

hxxps://www.sharenet.co.za/views/views-article.php?views-article=513752 South Africa's cabinet approves export tax on chrome ore

[lostabillion] 22/10/2020 12:15

Large “buy” order being worked through over the last couple of days and including today imo.

Share price should get pretty lively this PM.

[lostabillion] 22/10/2020 12:13

Results tomorrow then onwards to Zak’s 8.2p before WH Ireland’s 11.2p fair value and then whooosh to 20p.

[frogkid] 22/10/2020 12:01

Thassa flipping big tick down Tins!

[9tintin] 22/10/2020 12:00

Looks like a tick down coming.

5.4 - 5.5

tintin

[9tintin] 22/10/2020 10:40

And 6.5p to buy !!

tintin

[9tintin] 22/10/2020 10:35

6.46p trades are sells

tintin

[gsg] 22/10/2020 10:25

Strange, that there's only one mm on the bid at 6.4p yet sells have been going through at 6.46 yesterday and today. imo it must mean they have a buyer for the moment, (unless they are buys lol as I haven't tested any dummy trades)

[frogkid] 22/10/2020 09:15

Odd, low volume but price holding...

[frogkid] 22/10/2020 08:30

As my old friend Sgt Schulz used to say.

[lostabillion] 22/10/2020 08:28

You know as well as I do Frog or at least I thought you would! ;—)

PS Look at PGM’s, Rhodium and Copper prices - all straight to the bottom line! :—))

[9tintin] 22/10/2020 08:00

Macroeconomics are working in Jubilee's favour as we go into yearly results.

Copper is at a high at a fraction under $7000 since it's Covid nadir in March - which incidentally was the 2021 forecast of the metal's price by WH Ireland and PGMs are close to their historical BBI highs pre covid in February 2020.

And the company is producing record levels of PGM and about to ramp up Copper production at Sable.

What's not to like ,,,,,,,,,,,,,,,,,errr the obvious :))-

tintin

[frogkid] 22/10/2020 07:52

And what will they say Losta ?

[lostabillion] 21/10/2020 21:25

3 RNS’s between now and end of Dec imo, however, the third one may spill slightly into the new year.

[deme1] 21/10/2020 21:07

I wouldn't call a 5% rise anything to be excited about. JSE has been lagging behind us of late.

[goingforarun] 21/10/2020 20:30

On the SA share price rise, maybe an RNS is on its way!