Jubilee Metals Share Discussion Threads

[katundu] 16/11/2022 06:33

I heard a rumour out of South Africa that there was a death at Dikwena/ hernick last week and that production is down temporarily.

[goingforarun] 15/11/2022 16:28

It would be nice to have something ahead of the AGM that might stop this malaise! Painful to watch!

[satch12] 15/11/2022 11:53

Or is it tomorrow ?

[satch12] 15/11/2022 11:50

Should we be expected an rns prior to the agm on Thursday.

[the bull] 15/11/2022 11:48

I checked Slaters fund this morning. In the interims in May 2022, they confirmed a number of companies where they had reduced and some where they have added. Jubilee was listed as an add. Bit out of date now though

[pshevlin] 15/11/2022 10:39

About 70 000 000 outstanding then?

[pshevlin] 15/11/2022 10:36

Anyone checked to see if the major holdings are going up or down over the last few months. Might give us an idea as to who is soaking up the dumping. Hargreaves and ii are just us poor suckers.

[robers98] 15/11/2022 10:33

From the annual report.

At the last practicable date, the Company had the following warrants outstanding:
Issue Date
Number of
warrants
Subscription
price
pence
Expiry
date
Share price
at issue date
(pence)
19 Jan 2018 49 028 476 6.12 19 Jan 2023 3.55
28 Dec 2018 10 000 000 3.38 28 Dec 2023 2.40
19 Nov 2019 7 818 750 4.00 19 Nov 2022 4.13
22 Jun 2020 750 000 3.40 22 Jun 2023 3.90
21 Jan 2021 4 036 431 13.00 21 Jan 2024 13.20

deduct the recent RNS 2,500,000

[lights out] 15/11/2022 10:32

Coppertone, he said the same thing at last years AGM. And now the 60 days has turned into 180 days as Leon said next quarter ( and that's a maybe). All depends when government agrees the deal which is probably what Leon is waiting for... so it's probably out of their hands.

[goingforarun] 15/11/2022 10:29

The point on warrants should be that we should be buying an equivalent in the market when these are exercised, to avoid shareholders taking the pain?

[robers98] 15/11/2022 10:26

The total number of shares in issue is 2,676,684,838. The percentage of shares not in public hands is 0.120%. This information was last updated on 11 November 2022.
Significant Shareholdings
Investor

Slater Investments
Hargreaves Lansdown Asset Mgt
Interactive Investor
ACAM LP
FIL Investment International
Canaccord Genuity Wealth Mgt
Veddis Capital
Jupiter Asset Mgt
Quantock plc

Number of shares

271,463,789
240,994,235
217,484,482
209,447,822
205,676,451
198,302,197
121,090,517
96,433,663
93,350,624

% of shares in issue

10.15
9.01
8.13
7.83
7.69
7.42
4.53
3.61
3.49

[pshevlin] 15/11/2022 10:20

Quite a lot as it's a way of employing people on the cheap. It has to stop as it is severely detrimental to shareholders who have to pay the top prices. There should be little need for them to be issued from here on in as we will be throwing off cash. Might be brought up at the AGM if anyone can ask questions.

[coppertone] 15/11/2022 09:48

How many warrants still exist?

[frogkid] 15/11/2022 09:40

I am also inclined to agree

[sleveen] 15/11/2022 09:39

deme1

For once I agree with you.

Selling converted warrants is causing the drift given the PGM/base metal prices are recovering.

[coppertone] 15/11/2022 09:36

When is the news regarding the expansion in the northern part of zambia going to be released? 60 days has gone.

[deme1] 15/11/2022 09:33

For those that don't know. JLP used to issue shares and options like confetti.
Once known as Colins confetti cannon.

People quoting Ukraine as an issue, well I see other shares have been doing well. That being shares that did not issue stupid amounts of options at 3p!

Gonna take another year or two before Colins cannon legacy is in the past.

[9tintin] 15/11/2022 08:38

Today's BBI stands at $2453 - up 4% in the last week, coincidentally exactly the same number as at October 1st ($2453) - Jubilee's share price is also the same as at October 1st at 11.6p . Last year's BBI record high was $4185 (April)

Copper does appear to be moving upwards - slowly, up 3% on last week and nearly 4% from Oct 1st now standing at $8330 a ton. Bear in mind last year's high for copper was $10,700

Maybe has some bearing on where we are ATM ?

tintin

[frogkid] 14/11/2022 19:04

Possibly my friend

[alpal2] 14/11/2022 18:11

frog: I hope there's something happening behind the scenes at Bali G20 meeting to resolve the Ukraine conflict. Think this will have more effect than anything the company can announce.

[frogkid] 14/11/2022 17:47

Alpal, the price should be higher, whichever way yoook at it. The drag will be the uncertainty over funding of northern and Eastern, the apparent selling my warrant holder, and the lack of clear numbers from the company. If these are the issues then I am happy to take a punt now that there appears to be some calming down of the war monger in RussiaRegardsFrog

[sb] 14/11/2022 17:28

Total volume today is 2.3 million... where is the big seller?

[robers98] 14/11/2022 17:13

Well in the money are the warrant holders, batch expires 19th. So then onto the ones that expire in January.
Not expecting movement anytime soon without a big news announcement.

[alpal2] 14/11/2022 16:37

frog: You're not the only one who has taken a [too-big?] punt on JLP. It does worry me that we have a persistent seller who seems happy to unload lots of shares at under 12p. Just hope it's an ii who bought in at 3 or 4p and is taking profit.

[frogkid] 14/11/2022 15:22

Sold more dollars Ade, in up to my neck here now !