Jubilee Metals Share Discussion Threads

[goforgold1] 03/1/2023 13:08

Never fails People taking there 5 percent never fails .

[tonyevo256] 03/1/2023 12:31

Decent volume with a rising price, was always told that's a bull signal...

[collg] 03/1/2023 09:35

wow,,,,,blue!

[sleveen] 03/1/2023 07:18

PGM/base metals price jump,something positive happened in China?

[1347] 02/1/2023 09:51

.. (deleted wrong bb)

[kennyp52] 31/12/2022 18:58

Well if it helps ..

PGM prices have dropped substantially since 22p .

A big rise in share price meant many could bag a profit and fear losing that profit .. and sell.

News flow has been thin leaving us to guess many of the fundamentals .

Major projects underway .. leaves some doubt as to how and if they are fully financed until we get confirmation they are done , dusted and the sales are coming through.

The new chairman has done little to replace the charismatic Colin Bird.

Not yet dividend paying - the directors are rolling the dice and throwing all the cash at new projects .

Could be more reasons .. I cling to the fact Leon Coetzer has stated many times his ambition is for JLP to reach a £1 Bn MCAP business.

THAT IS ABOUT 35P

[billthebank] 31/12/2022 18:09

Can anyone rationalise this shareprice.I really thought this would have gone ballistics by now.Gutted. wondering if I should wait b4 I buy more so guess what I am watching for now

[bullster] 30/12/2022 18:28

.
.

Lights out,

No !

The $2,212 figure was the price the metals market dealer is offering at the time i did the BBI calculation.
The mmd is offering that price to the "supplier" of the separated individual elements, the supplier is the smelter/refiner.
The s/m buys pgm concentrate from Jubilee.
The s/m has costs , so pays Jubilee after deducting their costs and margin.
.
.

[lights out] 30/12/2022 17:13

Bullster, if JLP cost per ounce is $500, would that mean earnings is $2212 - $500 = $1712 per ounce??
Thanks

[bullster] 30/12/2022 16:14

PLATINUM
49%
@
$1,056.00
$517.44


PALLADIUM
40%
@
$1,694.00
$677.60


RHODIUM
9%
@
$10,900.00
$981.00


GOLD
2%
@
$1,818.20
$36.36





END OF MONTH B.B.I. =
$2,212

[tonyevo256] 30/12/2022 09:59

Added a few more. Expecting a decent trading update in about 4 weeks time...

[sleveen] 30/12/2022 08:08

Copper too I suspect.

[lights out] 29/12/2022 19:11

It finally pushed up and broke through resistance. Now has the freedom to move much higher!

[freedom97] 29/12/2022 19:02

That's the largest move I've seen in price of Platinum for a long time up $50 today.

[dilip40] 29/12/2022 12:27

xow could you plese give your workings on £100 m after tax profits for 2024 thanks

[undertaker] 29/12/2022 11:52

It's the warrant holder(s) selling to raise funds for the Jan exp warrants.

[lights out] 29/12/2022 10:30

Odd that people are selling 2 days before 6 month ending... with what should be record earnings!

[xow98] 28/12/2022 14:55

Affan
@feynzz

#JLP I have bought a position here over the last week and today. I see value at the current level on the back of the ramp-up of their copper operations. Waiting for analysts to update their forecast but I have pencilled in NPAT of over £100m in FY24(June year end). Mcap £270m.

[lights out] 28/12/2022 14:26

Well done Frog. Looks like we holding around 10p. So yes a buy here imo is excellent. We just need a solid 6 month report with news on the next phase and we should start climbing from theses levels.

[frogkid] 28/12/2022 13:42

I made it to 4 weeks! I've added 150k during December at very good prices. Increasing commodities, more production and I reckon this time next year there will be serious dividend talk. 12 month 4 bagger IMO. I continue to add at anything below 16p.

[sev22] 28/12/2022 11:42

Berenberg Bank have set a target price of 19 GBX for the company, which when compared to the Jubilee Metals Group PLC share price of 10 GBX at opening today (28/12/2022) indicates a potential upside of 90.0%.