Jubilee Metals Share Discussion Threads

[pshevlin] 05/5/2021 07:58

When are the next financials?

[kennyp52] 05/5/2021 07:51

RNS .. CMRS jump on the news . JLP static . Could it be the market need to be convinced it can be funded from cashflow ? We have Elephant & Roan ongoing . Or have they missed the point ... JLP could be printing that much cash it can easily take on these type of JV’s which have a clear path to considerable profits from relatively low capital investments ? Maybe need some financials now to confirm our cash generation .

[adejuk] 05/5/2021 07:33

v tight spread.

[sb] 05/5/2021 07:24

Market not impressed, Robers...

[robers98] 05/5/2021 06:47

Xtr news.

The objective of the Eureka drilling programme is to define a copper resource to sustain a 250,000 tonnes per annum open pit mining operation for at least 3 years

-- Excavations are under way to develop a box cut to obtain commercial material for dispatch to the market

-- The very high grades encountered in hole EX-022 require further investigation at depth to test a possible iron oxide copper gold (IOCG) source model

[mikro1] 04/5/2021 22:21

Interesting RNS. I agree it shows the hunger and ambition of JLP and Leon. They are always looking to grow. Happy to keep holding - can't wait for a trading update (presumably latest in July)!

[charlie9038] 04/5/2021 18:31

Today
CMRS +47%
JLP +2%

our turn tomorrow?

[jackthecat1] 04/5/2021 18:04

fair comment Philby1. I've been adding in my SIPP over the last 3 weeks or so, happy to hold for 5-10 years if required. Those reported sells could be buys at 17.30p mid price around lunchtime,late reported after hours, hence ended slightly blue and over the 17p mark.

what do i know. Follow the fundamentals really.

A very good long term play here. ZPHR is a very interesting value / growth play in O & G. a very very shrewd operation run by experts.

[arcadian] 04/5/2021 17:09

Surely an RNS re holdings is due.

[philby1] 04/5/2021 16:30

jtc - Take a look at that Long Term Chart above, looks pretty good to me!

[gsg] 04/5/2021 16:29

mike. I believe current capacity at Sable is 16kt pa.

Looks like there's the reason for lack of price action today. 9.4m in delayed sells printed at 1.37pm today, but reported after the close.

[mikebolle1] 04/5/2021 15:46

What is the refining capacity at Sable, I have two figures: 10kt/y and 15kt/year? We want to bring it up to 25kt/year.

[adejuk] 04/5/2021 15:19

shev, you'll be rich in 2 yrs.
f em.

[pshevlin] 04/5/2021 15:17

Only if someone still doesn't have millions to sell.Need for them to leave the table.

[adejuk] 04/5/2021 15:13

and to see 17 broken
will it hold?

[adejuk] 04/5/2021 14:54

it's nice to be back at £10k a penny

[pshevlin] 04/5/2021 13:01

Boom boom! Froggy.

[taurusthebear] 04/5/2021 12:34

Let's hope verdigris doesn't set in. :0)

[frogkid] 04/5/2021 12:20

Copper sulphate

[9tintin] 04/5/2021 12:05

pshevlin

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

tintin

[pshevlin] 04/5/2021 12:04

lets hope it's not RED today Tintin!

[9tintin] 04/5/2021 11:35

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