Jubilee Metals Share Discussion Threads

[goingforarun] 07/6/2023 07:20

But, as yesterday’s RNS shows, they can still add value at low cost in the PGM space alone. With that announcement and the Eastern limb overall PGM production is almost going to double in the next year or so? This can still move the share price north?

[highly geared] 07/6/2023 04:22

Jlp’s share price v Rhodium price is an almost perfect correlation. Makes sense as, although Rh accounts for only 9% of the estimated JLP basket, its impact ( on earnings) has been disproportionate due to the price swings during the period and it’s pricing per unit versus Plat,Cu, Cr etc.

The only way this relationship will be broken is when Cu production becomes sufficiently material or the relationship becomes beneficial again as the Rh price rises again.
Ultimately, they need to ramp up Cu sufficiently to break the Rh/share price relationship.

[freedom97] 06/6/2023 22:45

ade, didn't you say a few years ago that you are a Harley Street doctor? If you still are, do you think you caught Covid from a client?

I hope you recover quickly🙏8591;

[9tintin] 06/6/2023 22:43

Undie

Try dailymetalprice.com



tintin

[tonyevo256] 06/6/2023 21:59

This expansion is being funded from cashflow so it tells you all you need to know about our operational costs...

[line and length] 06/6/2023 20:57

Completely disagree with that. At current price it is significantly undervalued. Shares are worth +14p 100% upside.

[baldrick1] 06/6/2023 20:39

The problem of the significant operational cost hasn't really been addressed to initiate a re-rate.At current price still overvalued.It should maintain a 4-5p price call.

[frogkid] 06/6/2023 20:29

I hope your recovery is swift my friend

[adejuk] 06/6/2023 20:14

frog.
nothing would please me more though i fear it would end me !

[undertaker] 06/6/2023 19:55

@9Tintin - do you have reliable historical price sources for Ru & Ir - I can't find any?

[kennyp52] 06/6/2023 19:31

TBTT … have you heard of “contribution” and “sweating your asset” .. it is all additional earnings .. ffs .. you don’t need a calculator to see it’s adding huge extra contribution to the JLP profile without having to spend a fortune on CAPEX . Anyway .. it’s closed the day up , raised a bit of interest and moved further away from that 4p you are trying to deramp this to . Good luck with that .

[frogkid] 06/6/2023 19:30

Thanks undie, I don't know

[9tintin] 06/6/2023 19:04

Undie

The BBI was not an accurate breakdown of the constituents of the JLP PGM basket price. TBF Bullster often reminded everyone it was just a general guide in the direction of PGM's.

A more accurate breakdown would be welcome, I believe Pt. is nearer 60% and PL. approx 17% Rh @ 8% Ru 10% & Ir @ 4% and Au 1%.

Of course there is a fair degree of variation in the percentages depending on the feedstock, but I believe the above breakdown was accurate in 2021.

Hope that helps

tintin

[freedom97] 06/6/2023 18:52

Togglebrush, this is the old thread.

We now use:

[undertaker] 06/6/2023 18:50

some new charts in the header.

BBI is now replaced by the JLPBI - all data sourced from dailmetalprice.com going back to Dec-18.

These charts will be updated a day or 2 after EOM, when prices become available.

Any suggestions for changes let me know.
do we keep the same basket weightings or do they need to be changed?

[tonyevo256] 06/6/2023 18:00

Makes sense to capitalise the strong demand for chrome. Diversification will make us a better investment.

[chozza] 06/6/2023 17:30

Tony,
Excellent, it would appear that they are in a strong negotiating position to drive a hard bargain. The first of several long overdue pieces of good news (I hope)
GLA,
Cheers,
Chozza

[tonyevo256] 06/6/2023 16:59

Existing contracts 4% new contract 20%

[frogkid] 06/6/2023 16:52

Yes, most pleasing ade. Drink some malt whisky to sort yourself out.

[freedom97] 06/6/2023 16:21

Just for Peter:

“We aim to expand our South African operational footprint by 65% over the next 24 months to reach nearly two-million tonnes of chrome concentrate annually,”

petersinthemarket - 03 Jun 2023 - 13:57:00 - 53532 of 53594

Thanks for responses - a few raw nerves here I think. Peter is very interested in Zambia, very interested indeed, and as this is plainly the new target for JLP it seems that they are also disllusioned with South Africa and are looking to engineer a way out of there. Same as me. Have a good weekend.

[sev22] 06/6/2023 15:51

Jubilee Metals signs partnership agreement to expand its chrome footprint.

[adejuk] 06/6/2023 15:50

15p by eow? :-)

[adejuk] 06/6/2023 15:47

well well ! + £12.5k and all i'm doing is lying down.

[frogkid] 06/6/2023 15:44

A few days like this would do wonders for the sentiment

[frogkid] 06/6/2023 15:23

Bullster, do you think the board are idiots? Poor communicators yes, but not idiots.