Jubilee Metals Share Discussion Threads

[lights out] 01/6/2023 07:38

I'm surprised, his last apology about the poor communication and how Ollie is changing the way they communicate to the market must of been BS. Or they haven't reached commercialization and there simply is no good news to release? They should inform the market either way imo.

[frogkid] 01/6/2023 07:31

I expect to see the 6s today. What an utter fiasco this is turning out to be.

[lights out] 01/6/2023 07:20

Leon made it quite clear commercialization will take place some time in May. 11th hour has come and gone with no update. I'll be surprised if we hold 7p.

[baldrick1] 01/6/2023 06:53

Could be today it goes below 7p..then 6p will come quick

[tonyevo256] 31/5/2023 22:44

Just as well we are producing all our PGMs in house thanks to the inyoni expansion..so no more profit sharing...this should see us through the ruff

[kennyp52] 31/5/2023 22:18

JLP is a very low cost per ounce producer .. something ridiculous like $400 per ounce after chrome credit . So if these prices persist there could be PGM miners in big trouble .. mothball the mines .. then the shortage of the metals kicks in and off we go on another price cycle. The main issue for JLP is financing what Leon , in my opinion , has rushed into on the back of huge free cashflow from the high BBI prices and I hope we are not going to get caught out here. It all looks financed but he needs the copper to be flowing out of the door pronto.

[sb] 31/5/2023 21:36

Metals prices....otherwise why have THS and SLP fallen too...

[kennyp52] 31/5/2023 19:45

Great opportunity for China to buy some of these companies up at the bottom of the market with the buyer securing an element of control over their supply chain . We will see . SLP is a sitting duck imho at its MCAP and if JLP is producing the guidance it also looks very cheap . Lot of Chinese interest in Africa now .

Shame the BBI got aborted . Valuable information . I think it’s down to about $1600 now .. so if anyone is deluded that the share price has fallen for any other reason than flow of information then .. well .. I think you are deluded 🤣

[lights out] 31/5/2023 18:36

And he never allows for the 20 percent devalue of the rand!! Salaries and materials are paid in rands not dollars.

[mrsingh1] 31/5/2023 18:31

Hows the chrome price doing?

I know u cried the last time this was mentioned and said it would have no significance but in the last update, cost per pgm ounce had dropped below 400usd due to chrome credits

[bullster] 31/5/2023 16:52

average BBI for the 6 months to 31/12/22

= $2,413 per pgm oz (H1)


30/07/2022 = $2,479 31/08/2022 = $2,625 30/09/2022 = $2,464 31/10/2022 = $2,345 30/11/2022 = $2,355 30/12/2022 = $2,212




average BBI (so far) for the 6 months to 30/06/23

= $1,787 per pgm oz (H2) (FULL YEAR RESULTS)


27/01/2023 = $2,143 28/02/2023 = $1,769 31/03/2023 = $1,633 28/04/2023 = $1,80231/05/2023 = $1,587

[bullster] 31/5/2023 16:40

PLATINUM
49%
@
$1,000.00
$490.00


PALLADIUM
40%
@
$1,338.00
$535.20


RHODIUM
9%
@
$5,800.00
$522.00


GOLD
2%
@
$1,973.10
$39.46





END OF MONTH B.B.I. =
$1,587

[frogkid] 31/5/2023 13:51

Yes GSG, and the issue with the assurances from Leon is that we have been caught out now several times now. I really hope that is not going to be the case again this time...

[gsg] 31/5/2023 13:46

Agreed frog.

The reason JLP is faring slightly more negatively than the other two is that the JLP growth rate is very ambitious and always stretching their finances which creates funding worries despite Leon's assurances. Where as the other two pay a nice comforting dividend. I like all three.

[frogkid] 31/5/2023 13:35

True GSG, but the board could do more to support the price. Such as keeping to proposed timelines.

[lights out] 31/5/2023 13:30

JLP is now far more diversified than THS and SLP, not only that they are in two countries.
JLP should be rewarded but yet they are performing much worse in share price value.

[gsg] 31/5/2023 13:09

The current share price weakness isn't a JLP thing. Data coming out of China showed their economic recovery weakened in May with the copper price at a six month low and the oil price weakening. The chrome price continues to hold at the $300 level which is a positive. THS and SLP share prices are also under similar pressure, despite all three companies great growth potential. It's just part of the cycle.

[lights out] 31/5/2023 12:02

Down 5 percent in SA. Not happy campers

[pshevlin] 31/5/2023 10:23

True but that was in conjunction with a General Meeting. The next on was July (update on Zambia) Sorry, mis-remembered it.

[goingforarun] 31/5/2023 09:45

Do my eyes deceive me or is this blue?

[adejuk] 31/5/2023 09:45

shev. i think it was may 16th '22

[kennyp52] 31/5/2023 09:32

I hope Leon has been busy making sure everything is progressing as it should be but agree it is high time we had some figures to work with.

[pshevlin] 31/5/2023 08:38

It was first week in June last year.

[adejuk] 31/5/2023 08:37

we know that LC is economical avec la verite
i would not rely on any reported comments in a call or email