Jubilee Metals Share Discussion Threads

[mrtennessee] 24/11/2022 08:19

The JLP production of cobalt is very much in the early stages of its development and my expectations as to what it may contribute to earnings in the short term is small, but should hopefully lead to some additional profit and consequently have the potential to be expanded to increase that profit. If the product we are selling contains 20% cobalt then our customers would obviously have to process that to extract the premium purity metal. This would have a significant overhead and hence I would be surprised if we could sell this product to them for more than 25% of the value of the contained cobalt. So, the upper limit of my expectations would be 5% of the prevailing cobalt metal price per tonne for our product.

[kennyp52] 24/11/2022 08:18

Cobalt is with making us a fortune .. or making super profits . Just 1 part of this mushrooming business

[frogkid] 24/11/2022 08:06

That's a days worth of sales pal

[goforgold1] 24/11/2022 08:04

Full of warrants. You can tell Colin Bird was here for a while . Saying last of warrants been keeping this afloat the warrant money great when you can get it double your money . 8 million shares coming on 30th

[adejuk] 24/11/2022 08:02

all cobalt is contained. it is rarely found in pure form. even choc and cashew nuts contain it !!

[frogkid] 24/11/2022 07:55

2.7 billion you halfwit

[sleveen] 24/11/2022 07:55

"Tonyevo25623 Nov '22 - 23:20 - 49276 of 49289

If out final product has a higher or lower percentage of Cobalt then that will obviously affect our sale price. Currently our final product contains around 20% cobalt so we earn 20% of the cobalt price. Our capacity to produce final product is a known figure but the cobalt content is a variable dependant on the feed stock..."

"chozza23 Nov '22 - 23:42 - 49277 of 49289

Chaps,
Emailed JLP, asking for clarification. They say 50T of contained =200T of end product.
Need to know the differnence, are we selling 50T at $50,000 or 220T at $50,000."


----> JLP Co concentrate contains 20% Co metal, therefore JLP receive 20% of the prevailing Co metal price/tonne concentrate, on which JLP makes 45% gross margin.

So @ $80k/tonne metal, JLP receive $16k/tonne for circa $8k gross margin.

Simple as.

[frogkid] 24/11/2022 07:50

Lostda, eff off back to your failed pharma start up. I notice it hasn't quite achieved what you hoped and you are still underwater by about 40%

[lights out] 24/11/2022 07:48

And a forward PE of 3. You make no sense.

[deme1] 24/11/2022 07:47

Lostabillion

All in AVCT yet still post on JLP.

you should not have sold out at 10p to buy avct at over £1.50

[lostabillion] 24/11/2022 07:43

Note to self. Unsubscribe from JLP RNS alerts!

54m shares in circulation when I first invested, now approaching 3 BILLION.

Good luck all.

All in Avacta for me but I don’t use advfn bb anymore, bit of a cesspit.

[lights out] 24/11/2022 07:37

Earnings would be close to half a billion dollars! It's not unrealistic.

[deme1] 24/11/2022 07:33

Lights-out 80p - £1.00, you for realise how many shares are on the register!

With all these warrants coming through, "a rise the likes of which has never been seen" is doubtful.

Maybe an offer of 15p is about right

[lights out] 24/11/2022 07:33

When the Northern Zambia strategy is secured forget 20p. With current earnings now at 100mil the company should be valued at 30p at 8.5 P.E
We would be looking at 80p to 100p imho.

[deme1] 24/11/2022 07:26

Just need a major to jump in now and make an offer, anywhere in the region of 15 - 20p and I will will be smiling all the way to the bank

[lights out] 24/11/2022 07:23

I mean use to know that feeling!

[lights out] 24/11/2022 07:20

Haha, I know that feeling.

[frogkid] 24/11/2022 07:16

There always seems to be something holding us back. I long for that smug feeling I had when we went from 3p to 20p. I used to spend all day smiling and being nice to people.

[lights out] 24/11/2022 06:32

Any more positive news we should be at 19p by year end.

[lights out] 24/11/2022 06:27

Can you imagine when they making multiples of this? Scary thought how high the share price can actually go... not to mention 40 000 tons of copper.. All within 2 years!! If JLP can pull this off we in for an almighty rally never seen before!!

[frogkid] 24/11/2022 06:05

Bullster sold up I recall

[frogkid] 24/11/2022 05:39

Blimey,more confusion! Chozza et al, thanks for your work on this. A broker's note would tidy this up but it would appear that the numbers could be quite staggering.

[chozza] 23/11/2022 23:42

Chaps,
Emailed JLP, asking for clarification. They say 50T of contained =200T of end product.
Need to know the differnence, are we selling 50T at $50,000 or 220T at $50,000.

Quite important in my HO.

GLA,
Cheers
Chozza

Will update as soon as I get a response