Jubilee Metals Share Discussion Threads

[9tintin] 04/5/2021 13:05

pshevlin

Indeedy, but I haven't come across any blue copper !!

tintin

[pshevlin] 04/5/2021 13:04

lets hope it's not RED today Tintin!

[9tintin] 04/5/2021 12:35

When Jubilee completed the Roan deal back in June of 2020 the price of copper was $5,800 a ton and the margin to Jubilee was in the region of $1,800/2,000 a ton.

Now in production, just ten months later the numbers are astounding - the margin leaps to c $6,000 a ton.

All this without Jubilee doing anything different, Leon played a blinder doing the copper.

21/22 production could reach 10k tons as concentrator capacity increases giving earnings in the region of £60M.

Any further increase in the value of the metal and it gets silly,,,,,,,,,,,

The future is RED!

tintin

[1madmarky] 04/5/2021 12:19

But not just yet! Let us tie in a billon tonnes or so then show an interest

[deme1] 04/5/2021 11:55

SLP could learn a thing or two from JLP's ambition

[spaceparallax] 04/5/2021 11:31

Interesting development in Cyprus

[plasybryn] 04/5/2021 11:25

Zak interview out with CEO of CMRS. Can be found on Twitter

[plasybryn] 04/5/2021 11:22

I'm impressed. Great move by JLP. Hot off the mark. Jubilee with attitude.

[pshevlin] 04/5/2021 10:23

The "value to it" is that it is a sign JLP are actively looking for new jurisdictions in which to operate. Australia is probably difficult at the moment due to Covid but if we get a foothold over there it will change the game even further.

[highly geared] 04/5/2021 10:15

I wouldn’t ascribe any value to it atm as it’s essentially an option agreement at this stage and might come to nothing.
I’m solely interested in JLP delivering on Zambia as that will double the share price in the next 12-18 months.

[arcadian] 04/5/2021 10:07

It is difficult to value a possibility at this stage.

[davr0s] 04/5/2021 09:57

Good enough RNS giving potential down the line. For all those complaining we aren't up much, shares don't rise every day or just because you expect them to. We had a decent rise last week and stand back and look at the capital appreciation here since last summer. I am not complaining one jot and will settle with a firm price today which is what we have atm

[donaferentes] 04/5/2021 09:55

A deal 97.9% in our favour seems appropriate then, no?

[edwards9] 04/5/2021 09:52

CMRS market cap £8mJLP market cap £380m

[pshevlin] 04/5/2021 09:09

JV will depend on the deal. 50/50 would be a no-no if we are putting in all the IP and effort.

[deme1] 04/5/2021 09:04

It obvious why CMRS is up and we are not.

They have just announced that a tailings processing outfit is interested in their tailings and CMRS will receive a free carry.

Just like if we announced that we have had a partner interested in funding tjate with us getting the free carry.

Let's hope it goes better than our nickel venture a while back

[ipatch] 04/5/2021 08:56

Pshevlin 38984..That is what this Exclusivity RNS will establish ...don't forget the +Au ;)

[888icb] 04/5/2021 08:54

CMRS up 33% so why is the HB not being so well received at JLP?

[robers98] 04/5/2021 08:51

CMRS top of leaderboard JLP, zero!!

[eggbaconandbubble] 04/5/2021 08:49

tintin, are you saying that a lot of those trades are most likely 'sells'?

[9tintin] 04/5/2021 08:41

eggs

the actual spread is 17p - 17,05p

As usual MMs trying to muddy the waters !

tintin