Jubilee Metals Share Discussion Threads

[1madmarky] 18/11/2020 12:59

Losta- there were a number of post during and shortly after the webinar.

[robers98] 18/11/2020 12:47

Anglo have Twickenham up for sale. Tjate will be on the menu for whomever buys that to add the additional material and longevity to project.

[billyusa] 18/11/2020 12:42

Get lost Mr hypocrite and take your mate Mr 26p with you.

[aaspell] 18/11/2020 12:41

Bull,

There was no legal redress - JLP's advisors determined BHP were allowed to terminate and therefore there was no case to take up.

[aaspell] 18/11/2020 12:40

Robers98,

They didn't proceed with legal action because their own advisors determined BHP were fully entitled to terminate and that therefore they would lose.

Still the above was a bit tongue in cheek as I had raised a question on the pod cast about re-engaging with BHP (nickel extraction is similar to copper apparently) so why not.

As for Tjate, they once tried to sell part of it - Quartzhill I think it was called - for about $4 million but it all fell through because JLP didn't at that point have the mining license.

As JLP will never have the money (and as a low risk 'we don't do mining' company) to develop it they might as well sell it lock stock and barrel to Anglo (up dip at Twickenham). Cut a deal on a price to sell the ownership, transfer license etc, a % of PGM profits annually and an exclusive right to treat all tailings for all metals for life of mine. That would give a Hugh boost to the lifespan of tailings.

In the short to medium term I'm more than happy they focus on getting Chrome, PGM and Copper etc at full capacity (following expansion with the new facilities) and really start boosting cash before they look at any 'big boy' projects.

[deme1] 18/11/2020 12:35

You don't even hold
Jog on over to Lloyds

[lostabillion] 18/11/2020 12:32

Tried to record the webinar but just had wording saying interview finished or such like.

Any snippets?

[robers98] 18/11/2020 12:12

Sounded more like on the Bhp tailings that they had approached jubilee. Management decision not to push for a legal solution will pay off & jlp had shown progress to all the questions that kept coming back from Bhp.

[tonyevo256] 18/11/2020 12:02

Yes totally agree if we look on a technical level this can seem toppy given what the share price was a few weeks ago...but this is not a technical rise..it's based on fundamentals..The results were much better than anticipated and this will bring investors including iis rather than just traders or speculators.

[mikebolle1] 18/11/2020 12:00

eblitz1, yes good news indeed. I was hoping for, after the consolidation stage, a share buy-back scheme but i guess its off the table now.

[aaspell] 18/11/2020 11:31

JLP:- Hi remember us we used to be called Breamore.

BHP - Yes

JLP - remember we used to have a tailings agreement with you at Leinster?

BHP - Yes

JLP - remember you terminated it because we'd done nothing?

BHP - yes

JLP - remember we were going to take you to court for wrongful termination

BHP - yes

JLP - well guess what.... we're back and think it would be a great deal to treat your tailings again.

BHP - (palm slaps head) Jog on.

[nelson01] 18/11/2020 11:25

When the pubs reopen I rekon he should get out in the taxi at the weekends and start taking drunken kids home from nightclubs cleaning up puke and his of the back seat will be right up his street

[marmar80] 18/11/2020 11:23

I'm expecting something from Anglo American Platinum

[gsg] 18/11/2020 11:19

If and when a deal on Tjate is announced this will have some serious impetus.

If an rns comes out that JLP and BHP are re-commencing their relationship re Leinster it will go ballistic.

[philby1] 18/11/2020 11:18

The Bull - That's right, with further increased chrome and PGM production and efficiencies to come in the future.:)

[pshevlin] 18/11/2020 11:12

Since there is a very large upside here over the next two years the best thing Plat could do is buy in again and forget waiting until it might drop a bit. Life's too short.

[moneyman50] 18/11/2020 11:07

Plathunter is a seeking attention nobody who can not accept he made a bad investment decision.
I am sure all of us have sold our shares in some companies too early but are grown up enough not to then spend all our time deramping the shares.

[the bull] 18/11/2020 11:06

One of the first things leon said if i recall was that in the first quarter after the results end date, they did 15K or PGM's

[deme1] 18/11/2020 10:49

So plat is still sulking and JLP's "self proclaimed" largest holder has not got time to watch a webcast yet sails around all day with nothing to do!

Some suspect people on here!

[eblitz1] 18/11/2020 10:45

Consolidation, That's the best thing that we have heard today.
Get Roan and the projects in SA up and running as well as finish the Zinc circuit
and start to look at Elephant. By that time we will be throwing off so much cash and hitting about £7 million per month. Then move forward maybe with Aussie

Great management

[highly geared] 18/11/2020 10:37

.....recent results show this....exactly! This is why I’ve bought back in after selling 3 years ago. It’s taken time but their model is now proven and being executed well. What I’m seeing now is the “step change” scale up that will accelerate earnings and valuation.

This could easily be valued at 20p now and will not be expensive based on the copper and other metals tailings and stock supply. Provided metals prices don’t crash, this is a quality long term business to buy into. Tjate is the huge outlier that will be icing on the cake if/when it happens.

[philby1] 18/11/2020 10:28

There's one problem with these Webcasts, they always persuade me to buy more shares! :)

[flagon] 18/11/2020 10:24

Self funded cash generative growth on a derisory rating ... also with an ace in the hole that is Tjate. You could see all this several years out ... yet the bean counters need to see actual earnings to buy ... recent results show these. Sitting tight. ATB.