Jubilee Metals Share Discussion Threads

[freedom97] 31/3/2021 11:41

MM's do fill large buy orders though with the shares they've bought at lower price and can be a few days for the trade to fill & show. We all know II's, fund managers will most likely want to buy or increase holding in JLP. That brokers report will certainly make them want too.

There will be many pi's wanting the share price to drop so they can put into ISA next week. Plus there will be others wanting to buy just before the new tax year hoping the price will drop down as low as possible. I know I would be delighted if it dropped to 14p but why would anyone want to sell and miss out on the rise like Plat and Losta plus no doubt many others having to pay more than they sold at.

Remember, we haven't had any new projects announced for month's, so in that time Leon could been doing DD on a new deal and about to announce another great project/deal. Remember, he's said in the past he wants to double growth each year.

[robers98] 31/3/2021 11:14

SLP down as well

[frogkid] 31/3/2021 11:13

This is going to 14s , frustrating but good for the switch to ISA next week

[frogkid] 31/3/2021 11:09

But the MMs don't buy stock to hold

[robers98] 31/3/2021 10:58

New 80 000 tpm Chrome Beneficiation facility commences commissioning

[spaceparallax] 31/3/2021 10:19

I expect a big bounce very soon with the share price continuing its journey towards 20p.

[freedom97] 31/3/2021 09:28

Those wanting to buy in new tax year to put in new ISA allowance will have to wait until after Monday, but those who don't want to put in an ISA can benefit from buying just before new tax year.

[freedom97] 31/3/2021 09:22

The MM's always take advantage of those pi's wanting to sell before the end of the tax year. Look at today on hardly any sells and they drop the bid by 1% hoping some will sell and then when they sell to those wanting to buy will make a nice profit.

[frogkid] 31/3/2021 09:21

Yes, after Monday. Not before .

[freedom97] 31/3/2021 09:16

Yes, frog and as I said, "Those buying in now should benefit as from 6 April many pi's will be filling their new tax year ISA allowance, hence the share price should move north."

[jackthecat1] 31/3/2021 09:01

very good news in at XTR.

[frogkid] 31/3/2021 08:52

Is that not what I posted freedom? Weakness before end of tax year ?

[freedom97] 31/3/2021 08:28

frog, because every year many pi's leave selling to fill their CGT allowance too late so you often see each year a slight drop in share price just before end of tax year.

That's why, for those wanting to buy it's a good time imo before the new tax year starts.

[sb] 31/3/2021 08:25

From WHI: We cap our long-term price at $1,500/oz palladium and $10,000/oz rhodium in our DCF models . To say that is conservative is an understatement.

[frogkid] 31/3/2021 08:18

Disagree Freedom, how would they have known the price would be town by nearly 2p ?

[freedom97] 31/3/2021 08:10

Anyone wanting to fill their CGT allowance would if they had any sense have sold weeks ago when share price was around 17p.

Those buying in now should benefit as from 6 April many pi's will be filling their new tax year ISA allowance, hence the share price should move north.

Plus don't forget good news could be issued anytime.

[sb] 31/3/2021 08:09

The PGM prediction makes you wonder what the figures on the pictures that were so hurriedly taken down were all about...?

[frogkid] 31/3/2021 07:19

If my CGT theory is correct we will see weakness until after Easter.

[frogkid] 31/3/2021 06:52

Ever a cool head Bullster, thanks for your input.

[1madmarky] 31/3/2021 05:20

Elephant needed before cobalt adds to our income streams
"Late in 2020 Jubilee signed an agreement with another private company in Zambia for a further 115Mt of copper (cobalt) tailings which have been drilled and contain 0.3% copper and 0.05% cobalt. This unnamed project is close to project “Elephant̶1; and there may be some synergies between the two operations in the future."

[kennyp52] 31/3/2021 04:52

2022E 2023E
Revenue (£m) 243.4. 321.9
EBITDA (£m) 107.1 135.2
PBT (£m). 96.3 117.4
eps (pence) 3.4 4.0
Net Cash (£m)* 64.9. 156.8

From WHIreland broker note and using some quite conservative assumptions on basket prices imo. Their 21p forecast looks nailed on and a very interesting and informative read . Interested to see if Bullster concurs with the contents ?

[tonyevo256] 30/3/2021 22:42

Very conservative earning estimates from the broker...lots of unknowns that could surprise to the upside copper earnings being the main one, cobolt being another and what about our zinc circuit or higher metal prices. Although I agree that 21p is about right for now. I still believe we will see 30p+ F/Y... if we can deliver on the copper production without any more delays...

[lostabillion] 30/3/2021 22:39

That WH Ireland note is an absolute corker.

21p fair value and that doesn’t include any of the new revenue streams which are due as early as next month!

[the bull] 30/3/2021 21:43

Good critical analysis bullster, thanks

Hopefully you are still happy with the follow up note from WHI with their current fair value.