Jubilee Metals Share Discussion Threads

[deme1] 18/12/2020 12:22

My only concern with the Slater thing is if they obtained them at 11p then they could be drip feeding the market and selling for a slight gain.
Although they would do better to hold for a few weeks

[plat hunter] 18/12/2020 12:18

Fingers crossed Slater ain't lending.

[tonyevo256] 18/12/2020 12:01

Lots of small sales going through, PIs taking their profits...a few chunky buys to offset selling.. bodes well for the next leg up.

[lostabillion] 18/12/2020 11:53

2.5p to 11.5p in less than a year!

[deme1] 18/12/2020 11:53

Got a large buy order in for 11p
Not holding my breath though :)

[marmar80] 18/12/2020 10:54

Beautiful consolidation again :)

[daocana] 18/12/2020 10:48

re billyusa..limpopo economic development agency..ie LEDA..have got no chance of winning there case in the supreme court..the chinese are involved and the chinesse masters..the supreme court like most supreme courts everywhere including the USA are compromised and corrupt.there is no decent moral institution left..they are all corrupt entities..same as the UN etc

[gsg] 18/12/2020 10:34

Good find billy. That explains the DCM delays. Looks like it's completely outside Leon's control but there should soon be a definitive decision by the Supreme Court on the ownership.

[1madmarky] 18/12/2020 10:33

Tintin- that was the original plan. Get something working ASAP. Then over the following 12 months complete it. I believe that with the PGM income they have decided to do a complete build instead of a piecemeal approach.

[freedom97] 18/12/2020 10:15

Nice 500k buy @12p that increased the bid.

[billyusa] 18/12/2020 10:01

Current DCM situation hxxps://www.news24.com/fin24/companies/mining/legal-tug-of-war-shutters-one-of-sas-richest-chrome-mines-20201218

[the bull] 18/12/2020 09:50

The share price rising by 0.002p at a time use to be a big old move a year or two back, now as we move higher we hopefully can enjoy at least these sorts of moves or more.

[9tintin] 18/12/2020 09:44

sb

Leon talked of four months to production for Project Roan - that was in August, so I would suggest a little earlier than the end of Q2 '21 - more like January 21 !!

Leon has also talked of margins of 35% at Sable- I think that now looks conservative - bearing in mind he has suggested unit costs of $4000 a ton and copper is fast approaching $8000 !!!

" You do the maths" ,,,,,,,,,,,,,,,,,,

Deme

As for a T/O I don't think so - not this side of twelve months and the copper projects being proven.

tintin

[deme1] 18/12/2020 09:40

There is going to be a worldwide big spend on infrastructure, to get economies going again, coupled with the need to andpromises to get more electronic vehicles on the road.

Copper will indeed be in high demand and for a few years to come.

[memexx] 18/12/2020 09:37

Copper Crunch



(How do I post the pic directly rather thank linking to a webpage?)

[sb] 18/12/2020 09:16

Deme... I think you are wrong and sincerely hope you are. This business has such a great future and I want to continue to have a stake in it way beyond that price.

[sb] 18/12/2020 09:14

Roan is due to be fully operational by the end of Q2 21 if my memory serves me right... So not that long. And despite the way Colin loves to issue stock like confetti, which thankfully we know now has ceased as far as JLP is concerned, I think he must be given credit too for the vision to see the copper opportunity and work with Leon to position the business to be able to exploit it so successfully, profitably and without the risk of actually mining anything. It was a great piece of strategising.

[deme1] 18/12/2020 09:13

9 tin tin

This will be bought out within 12 months at north of 30p IMO

will be a shame as given a few more years of growth and strong metal prices and we could easily see JLP at 50p (and that is conservative)

[plat hunter] 18/12/2020 09:10

JLP is not a straight play on the copper price.What you're seeing in the price is purely pgm earnings..They haven't even derisked the copper capex yet.

[9tintin] 18/12/2020 09:08

pshevlin

As the add says "You do the maths".

As I suggested JLP is a straight play on the copper price !

However the time lag for production won't show the benefit for a while yet, the RNS in June mentions 12 months for a study and a further 15 months for the construction of the concentrator, so we have to be patient.

tintin

[adejuk] 18/12/2020 09:05

fear f's with your mind

[juju44] 18/12/2020 09:04

All looking great . Next leg up is underway

[adejuk] 18/12/2020 09:00

15p by xmas may not be a fantasy

[pshevlin] 18/12/2020 08:59

tintin

Financial Times: Copper bulls bet green agenda will push metal on towards record high.


towards $10000

[daocana] 18/12/2020 08:44

leon done his copper deals based on a $5700 copper price.buy low sell high