Jubilee Metals Share Discussion Threads

[freedom97] 15/4/2021 16:01

Thanks for confirming that it was your ISA, if Plat Hunter was still posting here, he would have replied to my post, B&I ISA trades don't show on ADVFN. I've proved him wrong many times.

[bullster] 15/4/2021 15:41

Straddling the $4,000 mark, still.


PLATINUM
49%
@
$1,186.00
$581.14


PALLADIUM
40%
@
$2,657.00
$1,062.80


RHODIUM
9%
@
$25,000.00
$2,250.00


GOLD
2%
@
$1,748.30
$34.97





B.B.I. =
$3,928.91

[highly geared] 15/4/2021 14:14

That’s mine . Moved £20k from Dealing Account to ISA.

[freedom97] 15/4/2021 13:30

Looks like pi's still transferring shares into their ISA's note trades 62 & 63

[freedom97] 15/4/2021 13:28

Thanks Bullster, their website today seems to be updating okay. Plat UP $21 Pal UP $78.

[bullster] 15/4/2021 13:18

.
.

freedom97,

Kitco have a software glitch on their website which is effecting the updating of certain charts.

.
.

[bullster] 15/4/2021 13:11

.
.

We have 89,350,998 outstanding warrant shares at present, all ripe for exercising.
Plenty to keep a broker occupied, in these transitional times.

.
.

[the skipper] 15/4/2021 12:24

Canaccord also hold a lot of stock for discretionary clients, so hopefully they are accumulating for them, but I agree it will be a positive when WHI disappear from the ask.

[gsg] 15/4/2021 12:04

Yes, pi$$ poor volume with a large spread. Not a recipe for immediate progression.

WHI have been sat on the offer at 16.4 and clearly dominate the JLP market. imo they continue to have a line of stock. When they change their position and maintain a presence on the bid, it will be a positive sign imo.

[the skipper] 15/4/2021 12:00

Yes the real spread is now 16-16.25

[frogkid] 15/4/2021 11:54

So after a bit of fiddling I note that the 16s are sells .

[the skipper] 15/4/2021 11:51

They must have read my post :-) Cannacord have just increased their bid to 15.80

[frogkid] 15/4/2021 11:48

Or the trades not yet reported

[the skipper] 15/4/2021 11:40

The ridiculously wide spread is reminiscent of the bad old days when the company was not cash generative and its stock highly illiquid, but it makes no sense at all now unless there is a persistent seller. However, there were no late reported sells after yesterday's close and none of any significance today, so it looks like the seller is done and the market makers are just holding down the bid to take advantage of any weaker holders prior to the next operational update.

[frogkid] 15/4/2021 11:30

This is all a bit weird, no volume, big spread. Gonna try a couple of dummy trades.

[freedom97] 15/4/2021 11:03

Undertaker, the Kitco spot prices in header are not updating, they are stuck at 12 April prices. Is it possible for you to fix the problem?

[y cymro] 15/4/2021 10:19

Commodities all up nicely.

[gsg] 15/4/2021 10:17

Its costing Amplats a fair old wack every year to keep Twickenham on care and maintenance. This brief mention on Twickenham from the Amplats AR.


Twickenham project (managed – 100% owned)

The Twickenham Mine has been on care and maintenance since 2016. Anglo American Platinum is maintaining this asset at a costof around R170 million per annum. The mine is expected to remain on care and maintenance in the short term while we consider
appropriate options to extract value for stakeholders

[frogkid] 14/4/2021 19:28

Juggling of stock between IIs.

[gsg] 14/4/2021 19:19

Copper on path to $15K/ton in 2025 thanks to green transition, Goldman says


Most industrial metals are in the green, with London copper (HG1:COM) closing +1.9% to $9,075/ton after Goldman Sachs predicted prices will hit $15,000/ton by 2025 as the global green energy transition supports a surge in copper demand and supply remains relatively scarce.

Copper will be crucial in achieving decarbonization and replacing oil with renewable energy sources, and the market currently faces a supply crunch that could raise the price by more than 60% in four years, Goldman Sachs says in a new report.

"Copper is the new oil," vital in the process of creating, storing and distributing clean energy from the wind, sun and geothermal sources, as it has the physical attributes needed to do so, Goldman says.

"Discussions of peak oil demand overlook the fact that without a surge in the use of copper and other key metals, the substitution of renewables for oil will not happen," the report says.

In another recent report, Morgan Stanley said copper demand is expected to double as more electric vehicle manufacturers ramp up production.

[davr0s] 14/4/2021 19:05

Why must juggling be going on? What does that even mean?

[frogkid] 14/4/2021 18:01

Not much volume to show today. Must be some juggling going on ...

[wilpex] 14/4/2021 16:54

Jubilee Metals Group, AIM's best-kept secret!?

[frogkid] 14/4/2021 14:19

Agreed GSG but this is usually market demand driven.

[gsg] 14/4/2021 14:04

frog.

Just a theory, but the mm's seem to have widened the spread to kill off the volume and volatility, whilst these funds re-balance their holdings, between themselves. Once they are done maybe the spread and the volume will normalise.