Jubilee Metals Share Discussion Threads

[deme1] 20/4/2021 15:56

1 trade

RNS time ;)

[danieldanrichardson] 20/4/2021 15:50

You're a troll with a long history of de-ramping this share. People remember your deceptive ways.

[bullster] 20/4/2021 15:45

.
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Mikebolle,

You are saying that the ZAR is worth $4.5 less, one year later.
You may find the average exchange rate for the past year is a lot less.
Also, the BBI figure is gross not net, which further reduces the effect of exchange rates.

I don't think the penalty is as big as you think it is.

edit. you can't just compere two figures, a year or more apart, without considering the average figure.

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[pshevlin] 20/4/2021 15:31

Regarding the high Zar, why should that make a difference as in the end we are trading shares in Sterling over here and that should be related to the dollar price of the BBI?

[coinbase] 20/4/2021 15:30

L2 is strengthening.

[cordwainer] 20/4/2021 15:22

I guess local currency strength and demand for these commodities and BBI in $'s kinda partly explain each other

[mikebolle] 20/4/2021 15:21

I'm sure the BBI was not this high in April 2020, but, according to my understanding, the rise in BBI is somewhat offset against the high ZAR.

[mikebolle] 20/4/2021 15:04

Now Bullster, if we sold last year April 1 collective "unit" of our BBI, we got R 80 993,20 (1$ = R19.00). If we sell that same "unit" today, we get R 61 810,60 (1$ = R14.50). That's a R 20k per BBI "Unit" difference. I know most of our Dollars are not converted to ZAR, but some must be, to pay for capital- running expenses in SA.
...am I wrong?

[bullster] 20/4/2021 14:56

RHODIUM slapped back down.


PLATINUM
49%
@
$1,192.00
$584.08


PALLADIUM
40%
@
$2,690.00
$1,076.00


RHODIUM
9%
@
$26,800.00
$2,412.00


GOLD
2%
@
$1,773.50
$35.47





B.B.I. =
$4,107.55

[sb] 20/4/2021 14:17

Markets and investors are irrational in the short term...

[pshevlin] 20/4/2021 14:07

On that basis alone the share price should be rising.

[bullster] 20/4/2021 13:52

PLATINUM
49%
@
$1,181.00
$578.69


PALLADIUM
40%
@
$2,642.00
$1,056.80


RHODIUM
9%
@
$28,800.00
$2,592.00


GOLD
2%
@
$1,767.60
$35.35





B.B.I. =
$4,262.84

[1madmarky] 20/4/2021 13:42

Rhodium still going nuts

[goingforarun] 20/4/2021 13:37

Just think the share price will drift a little until the Ops update. Some holders must just think there is better value elsewhere! If the headline on the update says Copper being produced then fully expect upward momentum to be back!

[sb] 20/4/2021 12:57

So a lot of the little holders are being shaken out again I see.....60% of all of the trades have been for less than 25K shares.... Total volume today is less than 1.5 million ...

[frogkid] 20/4/2021 12:21

Because we have not yet reported Cu earnings ?

[pshevlin] 20/4/2021 11:55

Maybe we can do that all at the same time?

[adejuk] 20/4/2021 11:52

could be a reverse h and s forming with a double bottom
that is v bullish and means we could go up, down or sideways :-)

[adejuk] 20/4/2021 11:49

strange games afoot shev.
reeds in the wind
i'm prepared for a fall to 12p.
then i'll buy back a mill !

[highly geared] 20/4/2021 11:44

If we’re doing 25,000 tonnes by 2024 and copper is at $19,000 , jeez, gross annual copper revenues = $475million...

[pshevlin] 20/4/2021 11:38

If Copper is to hit 19K a ton why isn't it having an impact here? Mystified.

[aceshi] 20/4/2021 11:32

Ddrichard nobody's got anyone's measure, you fool. I'm sure every JLP holder is interested to hear opinions as to why we are on a downward trend, already 15% down from a few months ago. Yet the sector and metals are having a bull run plus our interims were solid and Roan is supposedly ramping up as we speak..... whats your explanation?

[freedom97] 20/4/2021 11:19

"Copper to underpin renewable energy revolution, price set to hit $19,000/t by 2025":

[danieldanrichardson] 20/4/2021 11:16

He'd be ashamed of this board and how tame it's become. The teenage angst has disappeared.

[frogkid] 20/4/2021 10:01

Whatever happened to Avatar .?