Jubilee Metals Share Discussion Threads

[pshevlin] 13/7/2022 11:26

Obviously a large overhang holding us back at the moment. Looks like your prayers haven't been answered yet Ade.

[jacks13] 13/7/2022 10:49

There's a good summary of the business here (p34):

[robers98] 13/7/2022 10:49

& the seller

[the bull] 13/7/2022 10:26

sb, that's is what I understood also about the cobalt processing costs, so the margins will be extremely good. We are so close now to producing substantial revenues, it's only the current wobbly market that is holding us back

[sb] 13/7/2022 09:46

Glitter ... there are always alternatives lurking ...but getting them into tested and certified production and then having that adopted by the majority of producers takes years. Cobalt demand will increase and production be in deficit for years: . As for JLP's cost of production, as I understand it, it is a byproduct of the copper process and therefore has almost no cost - pure profit! :)

[kennyp52] 13/7/2022 09:46

RNS update .. strongly believe a Leon is tied up making sure these projects are delivered on time, , in budget and start producing revenue in the near future .. as in July … now . Market will probably be more responsive when the revenues are actually confirmed and with the basket price counteracting the positivity of these projects approaching completion. Good hold imho.

[brinks_matt] 13/7/2022 09:31

Operations update August,audited results Dec?

[brinks_matt] 13/7/2022 09:26

When are JLP expected to report next financial update please?

[1madmarky] 13/7/2022 08:48

Need to see money coming through the door and onto the balance sheet. Then the share price will respond.

[9tintin] 13/7/2022 08:38

Whilst acknowledging the progress made and timeline issues Jubilee have struggled with, the real downer, from an share price point of view is the PGM/Cu price erosion, the BBI has lost over 40% of it's value since April 2021 and copper has depreciated 30%+ .

It's good news regarding the Zambian project and going forward it can only get better - in time, I do think a global recession may stall any significant share price gains.

The fact that a director is selling down his holding is a negative for me.

I'm not sure I'm a buyer at this point in time and the reaction to today's news is somewhat muted.

I will sit on my hands for the time being, I think Leon needs to pull off a big deal for Jubilee to re-rate, which is of course always possible.

As always time will tell.

Jubilee is a good hold for me @ 14p

tintin

[mya viet] 13/7/2022 08:32

Nice little RNS.. Well done Colin and Leon once again your worth shines through as a great asset to JLP.. Good luck Colin with all you choose to do. You've been huge for JLP.. Much respect Sir

[adejuk] 13/7/2022 08:01

113k @ 14.174
i'm happy with that

[sleveen] 13/7/2022 07:54

Good update.

[glitter2] 13/7/2022 07:51

We have been speculating that Cobalt might add $50million to the bottom line when we reach full production. This now looks realistic but there are still a lot of variables and unknown (including getting my sums wrong!)
Cobalt is $71,000 per ton and JLP are heading for 1,200 tons p.a.is that concentrate or refined? what are the production costs? I note Leon didn't speculate on this as Co price goes up and down with battery demand and there are alternatives to Co lurking.

[adejuk] 13/7/2022 07:50

100k order under finger
let's see how it opens as the swingers pile in

[adejuk] 13/7/2022 07:44

today could be the last day of the discount price

[plasybryn] 13/7/2022 07:39

When do we get a dividend strategy?

[gsg] 13/7/2022 07:38

Yeah, excellent operational announcement. Hoping it's also a signal that the ii seller is finally done.

[adejuk] 13/7/2022 07:36

jlp has been hard at work

[adejuk] 13/7/2022 07:35

august will be ours
f acam

[1madmarky] 13/7/2022 07:24

Roan to produce 830t per month of copper concentrate by end of month. What level of concentration though?

[frogkid] 13/7/2022 07:09

Very nice update that

[ginko3] 12/7/2022 14:18

I think about 40p for me unless they start paying a health divi, then i'd reassess

[goingforarun] 12/7/2022 13:57

50p for me!

[ginko3] 12/7/2022 13:45

but what is "comes good", 20p , 40p £1 ?