Jubilee Metals Share Discussion Threads

[baldrick1] 15/6/2023 08:17

Legs still up and running ..just gearing up for a massive leg up..not long to wait.,Leon have put everything in the right place.

[deme1] 15/6/2023 07:42

SB

That "report" was from January 2023.
Alot has happened since then.

Hopefully we will have a RNS which will make this explode, however I am of the opinion that the current load shedding will still be effecting JLP and it is currently being swept under the carpet. Likelihood is Leon would not update on this and it will be slipped into the financials as a reason for underperformance.

[frogkid] 15/6/2023 07:05

I mean, Ollie must surely be working on a monster deal right?

[frogkid] 15/6/2023 06:49

One if these days we will wake up to a staggering RNS out of the blue that will rocket the share price I wonder whether it was the last one but we just don't know it yet. I really wonder why we don't know the name of the partner. Mopani news would be good also. And a Tjate deal could do it. But I rather prefer a completely new project that we didn't know about. I'm feeling positive again, must be the drugs.

[kevster5] 14/6/2023 22:15

Grow up you sad attention seeking troll

[aceshi] 14/6/2023 19:37

Legs gone, back in the 8s, how long till 7s again?

[sb] 14/6/2023 18:33

Touche! But that article rather spikes your guns there ..... And I don't try to constantly talk the comapny's prospects ansd the share price down like you... It is plain for everyone to see ....

[deme1] 14/6/2023 18:21

SB - It shows

[sb] 14/6/2023 17:42

I never do any research deme .... ;)

[baldrick1] 14/6/2023 14:38

What are you wittering on about Kennypoo?

[sb] 14/6/2023 14:35

Jubilee Metals Group: Share Price Belies Intrinsic Value
Jan. 29, 2023 11:55 PM ETJubilee Metals Group PLC (JUBPF)108 Comments
Sarel Oberholster



Summary

JMG is growing at 100% plus per annum as if it is a technology company, which it sort of is.
The latest growth area is the coveted battery metals, copper, and cobalt.
The share price is hopelessly undervalued at around 12.5 pence a share.
Target price for post-June 2023 results is 50 pence per share and target price for post-June 2024 is 80 pence per share.

Extracts:

Management’s skill at exceptional project execution will become a hallmark of the company’s successes going forward and is an important consideration for any prospective investor, for the company will continue to leverage this skill to grow its portfolio of productive, cash and profit generating assets.

The new Jubilee has an aversion for the risks of below surface mining with a clear preference for mineral extraction and beneficiation from above surface mining waste materials in which they had developed specialist technologies, skills and IP. It meant that the Tjate platinum mining project was not prioritized but still advanced in the background towards a “spade ready” project and a valuable asset in reserve. The new Jubilee has established itself on solid foundations of low cost, profitable and cash generative projects and a sustainable business model which it continues to leverage into new projects. Opportunity in legacy mine waste recovery is almost limitless and they are alone and at the forefront of that space in PGM’s and base metals. Their internal IP is singularly an incredibly valuable asset and strong moat.

Step 1

“And that took us to Zambia in end of 2019 where we acquired an old dilapidated refinery, set a target to repurpose that refinery, recapitalize it while building a new greenfields copper concentrator to process the perceived waste, to produce a copper concentrate that we could refine to metal, to implement the first fully dedicated waste to metal copper facility in Zambia.”

Step 2

“…because everything we've done in Zambian copper is purely a demonstration. As significant as it might be, it's as pure demonstration to the industry and to Zambia of what is to come as we now step from the southern refining copper into the northern refining copper, where we look to expand on a multiple of size compared to what we've done in the south.”

Management of this little gem is task orientated, spending little time on PR, dancing girls, or dog and pony shows. They keep toiling operationally, calling money by way of very expensive warrants from time to time when they want to implement yet another growth initiative. They are technically skilled, innovative, dedicated, entrepreneurial and excel at deal making and execution. New projects are initiated and brought to fruition with speed, skill and above all with excellent profit margins in place, then further improved and economies of scale harvested. They do not just grow revenue and hope for profits later, they grow revenue and profits together! What else would one want from the management of a company one wants to invest in?

[the_isolator] 14/6/2023 14:03

It's never mentioned in any casts Leon does so I don't think it's something they are factoring in anytime soon

[frogkid] 14/6/2023 13:48

Or any of the other majors. Make the price right and it will sell.

[aceshi] 14/6/2023 13:26

Demi 100% correct about Tjate. Infact, it's less than worthless because part of the conditions of the license being awarded, was an annual financial undertaking, supporting the local communities, so it's costing us money and there will be an annual license fee, payable regardless of whether the land is utilised or not. Additionally the license is only issued for a certain number of years. It's was Colin and the rampers pipe dream.

[freedom97] 14/6/2023 12:52

I think if the mining companies surrounding Tjate aren't interested. Then China is our only hope.

[baldrick1] 14/6/2023 12:48

Readying to blow up

[freedom97] 14/6/2023 12:44

Colin did say in a webcast several years ago that in practice they could mine near surface at Tjate and would be profitable. But he said at the time the companies main focus is on the current projects. He did say once the projects are running smoothly they might then turn attention to Tjate. I think Platinum was about $1,100 at the time.

I think it's unlikely Leon will turn his attention to Tjate while plat is under $1,100 most likely need it to be $1,200 to make surface mining profitable.

[deme1] 14/6/2023 12:27

SB

I take that as you have no opinion and do not perform your own research or due diligence in the subject and just dislike my opinion.

I will leave it at that.

Aspell, stand by for a detailed critique from SB 😉

[aaspell] 14/6/2023 11:35

Tjate Platinum Project Pre-Feasibility PGM (Platinum Group Metals) Ongoing

Put it into context no-one is going to buy it or mine it when the properties joining Tjate and at lower depths are already on care and maintenance or on hold by much bigger companies

Twickenham Expansion Project Feasibility Industrial On-Hold
Twickenham Mine Operational PGM (Platinum Group Metals) Care and Maintenance

The community-based organisation today led a march to Amplats offices, to handover a memorandum of grievances.

The mine was placed under care and maintenance about 7 years ago, resulting in the loss of many jobs.

Chairperson of the organisation Elton Thobejane says despite engagements with mine management over the matter, the company has made it clear the mine will not be reopened anytime soon.

[sb] 14/6/2023 11:24

I laugh because you are laughable ...

[deme1] 14/6/2023 11:10

SB

what do you find funny about my last post?

Can you explain why Tjate has not been sold, even with the last metals rush?

Can you explain why JLP barely mention Tjate?

Do you believe that JLP giving Tjate away in return for a offtake agreement is a bad deal? For Me it is better than JLP pumping hundreds of millions into it!

This is all IMO however, but rather than reply with hahahahaha (The response of a 5 year old) could you care to give your opinion as to how best JLP should deal with Tjate?