Jubilee Metals Share Discussion Threads

[adejuk] 14/1/2021 16:23

getting real now

[jackthecat1] 14/1/2021 16:18

Amen to that!.

[daocana] 14/1/2021 16:15

leon will be doing the rounds again over the next few days weeks..promoting this great half year performance..with more news about the up and coming start up of the copper at sable..maybe more news on going international..much more to come over the next few months..now the share price is looking very cheap indeed..expect ii to start loading up after .the selling on news brigade have finished.

[tonyevo256] 14/1/2021 15:57

It's actually a little less than.10% but I think they rounded up..

[plat hunter] 14/1/2021 15:47

Cause 1 million is a thousandth of a billion.Ha ha ha ha. Slight senior moment, I take it back.

[highly geared] 14/1/2021 15:44

C.20 million warrants for the market to absorb and churn. Will continue the rise once any warrant selling ( overhang) is gone.

[plat hunter] 14/1/2021 15:40

How's 2 million over 2.4 billion represent 0.10% of issuance?JLP still can't count or double check a communication before issuing it.

[philby1] 14/1/2021 15:39

A good time to top up I'd say!

[tonyevo256] 14/1/2021 15:37

Can't believe people selling i expected lots of buying in anticipation of copper production at end of Feb from Rohan!!!! That's only 6 weeks away..

[9tintin] 14/1/2021 15:25

Bullster

Not having a go - I understand the point you are making RE the data/graph.

I would just prefer some correlation with 'actual' data in terms of values, bearing in mind the mismatch between Pt & Pl in the BBI compared to WH Ireland's split.

You do a grand job correlating all the facts and projecting the future, I wouldn't wish to dissuade you from continuing the good work.

[adejuk] 14/1/2021 15:21

100k at 13

[adejuk] 14/1/2021 15:12

typical
wait till next week

[marmar80] 14/1/2021 15:05

Resistance at 13.80p played hard again.

[frogkid] 14/1/2021 14:48

I wouldn't worry too much about the warrants. Lostda with his 6p by end of Jan is looking slightly dubious.

[9tintin] 14/1/2021 14:48

Bullster

With respect you are making the numbers fit the equation.

By assuming the costs to produce are x-y = c ( when x = BBI & y = earnings & c = costs)

I would suggest that the costs to produce are somewhat lower than you suggest, that would mean that the actual PGM basket value is also lower.

We know that from the figures produced by WH Ireland.

tintin

[robers98] 14/1/2021 14:43

SC if you carry on down the RNS

The Warrant Shares are expected to be admitted to trading on AIM and listed on the Altx of the JSE Limited on or about 18 January 2021 and will rank pari passu with the ordinary shares of the Company in issue.

So they haven't been admitted yet, see the previous RNS for the warrant shares currently floating around.

[bullster] 14/1/2021 14:42

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IF BBI averages $3,200 for the current 6 months

$3,200 minus $1,045 x 30,000 oz = $64,650,000 pgm earnings.

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[freedom97] 14/1/2021 14:41

Rhodium UP another $500 now $18,500!!

[plat hunter] 14/1/2021 14:37

Riverfort???

[robers98] 14/1/2021 14:31

BMR holders don't seen impressed with the resolutions that they have been presented with in the annual report.

Over on LSE they have the paperwork.

[scrappycat] 14/1/2021 14:27

robers,

I have utilised this extract from the relevant RNS:

'Jubilee, the AIM and Altx traded metals processing company wishes to advise Shareholders that the Company has received notification from a warrant holder to exercise 2 083 500 existing warrants, representing 0.10 % of the issued share capital of Jubilee ("the Warrant Shares") at a weighted average price of 3.6 pence'

[bullster] 14/1/2021 14:26

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tintin,

I am happy to report that BBI minus $1,080 cost to produce has fallen.

For the six month average BBI of $2,368 less $1,323 actual achieved earnings is now down to $1,045 cost to produce.

BBI is accurate.

edit, yes we take the hit on chrome just to get the pgms'.

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[9tintin] 14/1/2021 14:11

Bullster

But we get the PGM (waste) to process as part of the deal.

tintin