Jubilee Metals Share Discussion Threads

[kennyp52] 22/1/2021 11:54

Honest opinions on this .. money for old rope with near 10p a share profit in lieu of salary ... would have been a 1/4 cheaper to just pay them instead of screwing the shareholders ? Worst thing is they sold them and more straight away ....

Further to the announcement made on 15 January 2021, in relation to the investment in Jubilee made by two blue chip institutions, Jubilee confirms the admission today of 19 154 466 New Ordinary Shares to trading on AIM and makes the disclosures below of PDMR dealings.
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Colin Bird
2 Reason for notification
a) Position / status Non-executive Chairman
b) Initial notification

/Amendment
Initial
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Jubilee Metals Group PLC
b) LEI 2138002XB5DB3B87SH92
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a) Description of the financial instrument, type of instrument

Identification code
Ordinary Shares

ISIN: GB0031852162
b) Nature of the transaction The issue 14,760,730 New Ordinary Shares in lieu of amount owed for remuneration.

The sale of 26,308,285 Ordinary Shares.
c) Price(s) and volumes(s) Acquired 14,760,730 at 3.3p

Sold 26,308,285 at 13p


d) Aggregated information n/a
e) Date of the transaction 21 January 2021
f) Place of the transaction London Stock Exchange, AIM Market (XLON)




1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Leon Coetzer
2 Reason for notification
a) Position / status Chief Executive Officer
b) Initial notification

/Amendment
Initial
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Jubilee Metals Group PLC
b) LEI 2138002XB5DB3B87SH92
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a) Description of the financial instrument, type of instrument

Identification code
New Ordinary Shares

ISIN: GB0031852162


b) Nature of the transaction The issue and subsequent sale of 4,393,736 new ordinary shares in lieu of cash payment for salary.


c) Price(s) and volumes(s) Acquired 4,393,736 at 3.2p

Sold 4,393,736 at 13p
d) Aggregated information n/a
e) Date of the transaction 21 January 2021

[marmar80] 22/1/2021 11:45

That's a good sign. Are there two MMs daily now?

[gsg] 22/1/2021 11:13

WH Ireland back on the bid.

[adejuk] 22/1/2021 10:56

i wonder if someone is trying to sow doubt about the results to encourage selling?

[goingforarun] 22/1/2021 09:59

Thanks for the info. Hopefully next week will restart the kick up!

[jackthecat1] 22/1/2021 09:58

amen to that GSG. sooner the better.

[daocana] 22/1/2021 09:57

looks like good support at 13p..if breaks 13 i think it will be short lived.

[gsg] 22/1/2021 09:53

GFAR

L2 1 v 2 with WHI now taking a back seat on the bid. In fact they are on the offer, so maybe the II is finished and we may get a TR1 anytime. Looks like a few of TW's stragglers are still selling, however imo their sells has enabled the II to fulfill it's requirements more speedily.

[goingforarun] 22/1/2021 09:38

Is anyone able to provide any L2 information? Just wondered if the new investor is still picking up shares?

[daocana] 22/1/2021 09:32

re sd..go to sydey powell on telegram..you will see the actual election map..not the one the msm media are lying to you with..thats all i will say..no more politcs from me

[sb] 22/1/2021 09:29

"but 75% of americans voted forv trump.so cant see them listening to biden..hes not there president as far as they are concerned"... in your head at least ...

[daocana] 22/1/2021 09:19

re scunny bunny..yes i am in cash at the moment.but still bothers me.long term we all need to make a living.if america goes down we all go down..i am just hoping the independent states take no notice of his executive orders and stay open for buisness..i am sure florida and texas will..but 75% of americans voted forv trump.so cant see them listening to biden..hes not there president as far as they are concerned

[1madmarky] 22/1/2021 08:59

Crashing the dollar, not all bad

[scunny bunny] 22/1/2021 08:56

shouldnt bother you
you sold all your stocks on the 19th jan so you said

[daocana] 22/1/2021 08:51

looks like biden is going to crash the american economy with his draconian measures to the cov19..better keep an eye him..could upset the markets

[frogkid] 22/1/2021 08:36

Platty is fine, lostda is insane, as for anaconda, who knows ...

[billyusa] 22/1/2021 08:24

Zambia’s main opposition party leader Hakainde Hichilema criticised the government’s deal with Glencore on Thursday, comparing the economy to a leaky bucket broken by debt.

The state mining investment arm ZCCM-IH agreed on Tuesday to take on $1.5 billion in debt in exchange for full control of Mopani Copper Mines, previously majority-owned by Glencore.

“You are filling the economy with more debt, expensive debt, there’s no compensating growth. Where is the money going? It’s going. The bucket is leaking,” Hichilema, president of the United Party for National Development (UPND), said in a TV interview.

Zambia became Africa’s first pandemic-era sovereign default in November, and its debt burden is a key issue for the public, who will head to the polls in a general election on Aug. 12. Hichilema is the main challenger to President Edgar Lungu.

Lungu has framed the Mopani deal as a boon for workers and a success for his strategy of greater government control over mining assets. Glencore sought to shut the mine last year due to COVID-19 disruptions and lower copper prices.

“What is wrong with government acquiring shares in the mines, especially when the investor was not keen to pump in resources?” he said on Thursday.

ZCCM-IH says the $1.5 billion is guaranteed by Mopani, not by the government, and is therefore not sovereign debt. It was unclear how the International Monetary Fund (IMF), to which Zambia has applied for a financing arrangement, would classify the loan.

Under the deal terms, Glencore will retain buying rights to Mopani’s copper, and ZCCM-IH will repay the loan principal by giving Glencore creditors 3% of Mopani’s gross revenue from 2021-2023 and between 10% and 17.5% of gross revenue from then on.

[daocana] 22/1/2021 08:23

still here guys ..you will be happy to know..i will not post anymore about such things all i will say is..what i posted is still on going..only time will tell..now back to good old jlp

[deme1] 22/1/2021 08:16

Frog

we will never get rid of plat of losta now. They are to bitter

[frogkid] 22/1/2021 05:22

Hopefully we have seen the last of the wack job

[plat hunter] 21/1/2021 22:38

Funny you say that, I've noticed a steep decline in QAnon type postings across the board this week.

[frogkid] 21/1/2021 22:15

Anyone seen or heard from wackoconda since his ludicrous conspiracy theories failed to materialise!?