Jubilee Metals Share Discussion Threads

[dusty101] 05/12/2020 18:06

Could it be possible that in a years time when Jlp are awash with cash that instead of paying dividends could they do a share buy back. More stability to the share price and more attractive to institutions.

[danieldanrichardson] 05/12/2020 17:59

Losta's prediction might not be far off.

[1madmarky] 05/12/2020 17:48

Thanks bb2

[billyboy2fromiii] 05/12/2020 17:14

A few snippets from today's Investor Show...

Re Roan and DCM; Roan is currently in construction and is expected to be producing concentrate in Q2 2021. We will announce values on DCM material as and when it becomes available.

Re flowsheets; the issue of flow sheets has been raised before, while Jubilee would like to provide shareholders with as much information as possible we are cautious of protecting our IP. Jubilee is constantly exploring opportunities internationally, there is huge opportunity for growth, however we are cautious as to which we take on as earnings and profitability remain a top priority for shareholders. Sable produces its own sulphuric acid which enables Jubilee to produce on demand.

Re copper; the copper % in the tailings ranges from 1-3%, which Jubilee will upgrade on site to a concentrate at roughly 25%, then cathode at 99%

Re Kabwe; Jubilee holds strong government connections in Zambia - to the extent where the mining ministry is approaching Jubilee for further Zambian reprocessing projects

Re ESG; with regards to ESG - we plan to put out a note on Jubilee's ESG efforts in Q1 of 2021. Jubilee is an inherently green company and this will receive more PR in 2021, in addition to our community upliftment programs outlined on page 25 of our annual report

Rr Cobalt; Not necessarily free carry because there are costs associated with cobalt production. Production of Cobalt concentrate is possible at Sable

Re quarterly reporting ; As it stands we will continue to release half yearly results, however we will provide regular updates on material matters.

Re The Jubilee Way: Jubilees IP allows us to reprocess tailings efficiently at high margins, particularly when compared to other metal producers. This IP has been developed in house and is what provides Jubilee with our competitive edge. Producing metal from tailings is not a 'plug and play' process and Jubilee places a large emphasis on upfront testing and analysis in order to achieve the results which we do. In this regard there is not "technology to license" as each project is unique and requires a bespoke approach. Jubilee will look to continue to enter into new processing agreements where we feel we can add significant value.

Re Dividends; Dividends are certainly a possibility in the future. Being a growth stage company our cash flow is directed towards growth at present.

Re Potential new copper deal referred to by Lean; I am bound by what has been announced, please keep an eye on our RNS feed for more updates which should come soon!

Re Takeover; Jubilee plans to create a multi-commodity multi-geographic industry out of mine waste. We would not be open to take-overs at this stage.

Re The recent BRR webinar with Leon; unfortunately the webcast is not available to add to the website, instead we added the presentation video Leon did for MIS

Regards, BB2.

[lostabillion] 05/12/2020 16:15

Just to politely jog your memory Deme1........

deme1 - 19 Nov 2020 - 13:21:45 - 30793 of 31486
taken some off the table as this may retreat a little .

sold just short of £36k worth.

kept the rest in.

If this retraces back to 8p then the trading pot will return :)

[lostabillion] 05/12/2020 15:51

I wouldn’t call 5% “selling out”!

Incidentally, didn’t you sell your “trading pot” at 8.5p and then say you’d put it back in if the share price dropped to 8p!?!

I’ve done extremely well out of Lloyds as you well know.

Cineworld is a quick punt where I might gain or lose 10% next week.

[deme1] 05/12/2020 15:43

Has anyone sent questions over to JLP today?

[deme1] 05/12/2020 15:42

End of year 2021?

Put me down for 35p

[deme1] 05/12/2020 15:21

Losta

you sell out of JLP (a share that you have been hyping for years) just before it really starts to take off.
You buy into Lloyds on a brexit punt, bad move IMO
now you admit to buying into Cineworld, which had a really bad Friday.

Just swallow your pride and get back in before we hit 20p

[bullster] 05/12/2020 14:56

. .


WHO WILL WIN :

BY CLOSE OF TRADING ON THE DAY JUBILEE METALS GROUP ISSUE END OF YEAR AUDITED RESULTS IN NOVEMBER 2021.






Avatar
Prediction


Plat Hunter
20p


Bullster
24p


Lostabillion
30p


GSG
22P


nash81
25p


1MadMarky
14p


Ginko3
17p


Danieldanrichardson
16p


mikebolle1
15p


frogkid
62p


Undertaker
30p


sleveen
8p


Billthebank
11p


alwaysevolving
12p


haughtonhoney
11p


CRT131
13p


cernunnus
10p


fozdad
13p


rescuer
22p




. .

[millwallfan] 05/12/2020 14:31

9tintin. Thanks, just back from golf.i do understand the 'mix' and individual commodity profit margin must be factually correct to ascertain profits month to month but are you saying that the BBi is wildly incorrect as a guide ?

[adejuk] 05/12/2020 14:27

losta
well done

[lostabillion] 05/12/2020 12:54

Bought 50k’s worth of Cineworld on the closing bell yesterday too. :—)

Been in Jubes for 10 years and will probably be around for another 10.

Merry Christmas

[lostabillion] 05/12/2020 12:19

Fortunately I’ve been very transparent Nelson.

Check my posting history over the last few weeks.

You seem very upset and venomous!

[lostabillion] 05/12/2020 12:09

Deme1, I‘ve been very lucky with top slicing that 5% and putting in Lloyds. Fantastic rise of over 50% in the share price plus intraday trading has seen me nearly double my money.

Nearly in a position to buy back 2m without it actually costing me anything. Happy days.

[9tintin] 05/12/2020 11:47

millwallfan

Don't put too much store in the BBI - it is only a general guide to the trend of PGM's and has little actual reference to JLP's prill split which can be seen in WH Ireland's broker note - viz current values.

Pt - 60% - $1051........$630
Pl - 17% - $2213........$376
Rh - 8% - $13800.......$1104
Ru - 10% - $280.........$28
Ir - 4% - $1670........$66
Total...................$2204

As a result platinum needs to appreciate far more in real terms than any of the other constituents of the basket, which fortunately would appear to be the case!!

I'm not sure why this actual far more accurate basket split has not been recorded as the BBI is somewhat misleading.

Hope that helps

tintin

[deme1] 05/12/2020 10:25

Shame you put your money into Lloyds.

[lostabillion] 05/12/2020 10:21

Boy oh boy that is some rise over the last two or three days. :—)

[robers98] 05/12/2020 09:48

Copper is refined from ores in the ground, either through underground or open-pit mines. Most of the copper ores mined today are oxide or sulfide ores. Extraction of sulfide ores is covered in more detail in Copper Mining and Extraction: Sulfide Ores (11–14), but is introduced here because an important by-product of this process is used for the extraction of oxide ores.

[robers98] 05/12/2020 09:44

There are two main types of copper ore of interest: copper oxide ores and copper sulfide ores. Both ore types can be economically mined, but they are processed in different ways.

Copper sulfide ores are typically the most profitable copper ore type to mine. That is because they have high copper content, and the copper in them can more easily be separated from unwanted minerals. However, copper oxide ores have an advantage in that they are more abundant.

[marmar80] 05/12/2020 09:37

I think I first time read his CV ;) CEO, Jubilee Metals PlcA qualified chemical engineer, Mr. Coetzer was with Anglo American Plc for 20 years, 16 of which with Anglo Platinum where he held various technical and operational managerial roles. He holds several board positions on operational and technical entities. Mr. Coetzer is a member of the advisory board for the chemical engineering faculty at both the University of Pretoria and University of Stellenbosch and is also a member of the South African Institute of Mining and Metallurgy, and the South African Institute of Directors.

[deme1] 05/12/2020 09:31

Some interesting messages there from yesterday amd also interesting answers