Jubilee Metals Share Discussion Threads

[goingforarun] 13/10/2023 10:15

Just hoping, for once, that once Roan expansion is completed it delivers big time. Could be the opportunity to break the share price out of its PGM link?

[pshevlin] 13/10/2023 10:10

I hope those modules have been patented. That way we can build them and lease them to miners around the world in exchange for a percentage of the profit.

[sb] 13/10/2023 09:56

Its 5,850 provisional TB; it will be reviwed once the concentrator expansion is complete and at nameplate capacity....could be markedly higher.

[the bull] 13/10/2023 09:24

I didn't realise or appreciate that our 40K tonnes of copper target was more for the future and our actual target for 2024 is a modest 5850 tonnes.

Outlook for FY2024
• The Southern Copper strategy targets the processing of
weathered and transitional copper reefs traditionally discarded
as waste.
– Jubilee developed breakthrough modular circuit designs
targeting the recovery of coper from these reefs;
– Modular circuit design offers potential for rapid deployment
based on learnings form the South African operations;
– Modules range from 15 000 to 50 000 tonnes per month
processing capacity at lower capital of US$ 2.5 million for a
15 000 tonnes per month module;
– Modules targeted as part of Roan upgrade with two further
modules considered under current long term offtake
agreements being negotiated.
• The Company confirms its guidance of 5 850 tonnes of copper
for FY 2024 which is impacted by the upgrade at Project Roan.
• As part of the development of the Northern Copper strategy,
upscaled continuous process trials have commenced to both
confirm the results achieved to date as well as the process
flow sheet assumptions. The continuous trials will run over
an extended period of approximately 10 weeks to ensure the
accuracy of the results.

[the_isolator] 13/10/2023 09:19

Good post Kenny

[kennyp52] 13/10/2023 09:08

JLP has put itself in a position to make significant profits even at these deflated commodity prices imho . The share price has tracked the basket price .. simple . Want to see the company concentrate on processing the massive tailings they have and produce some serious copper figures and the company will produce very significant profits .. what is the AISC guys ? Let you do your sums .. I already have .

[pshevlin] 13/10/2023 08:56

Which is why I'm still in Kenny.

[frogkid] 13/10/2023 08:51

What about the disappearing projects Ken?

[kennyp52] 13/10/2023 08:48

Ffs .. all you need to understand is the basket price has currently fallen dramatically .. does Leon / JLP control that ? No . Does it impact profitability / cash generation ? Of course it does . Despite that have Leon and the team delivered expansion and still have cash in the bank and still delivering cash profits ? Yes . When / if the price of the commodities JLP produces rises then so will the share price . All the whinging and whining will not change that. If , like me , you think commodities will rise on a world economic recovery then hold . Am I disappointed the market cannot see the added value JLP have delivered over the last 2 years - yes . But I cannot control shareholders that panic at every juncture. I do think the company need to now concentrate on higher production / lower AISC and deliver bottom line and that is what I now want to hear from Leon for the next 2 years. No more speculative buys .. get right what we currently own . We have a very low basket AISC and huge advantage over traditional PGM miners .. consolidate & deliver $100m bottom line profit .

[pshevlin] 13/10/2023 08:44

Indeed we can sb and it should teach us some caution. I have been caught ot several times for not selling and contiuing to buy near the top of any cycle.I have never sold out too early. You would think that might have taught me a lesson.

[sb] 13/10/2023 07:32

We can all play the if game ....

[pshevlin] 13/10/2023 06:51

Me too froggers. If I had put the cash in Nvidea or Tesla a few months ago I would have been 50% up now. I would have even made money in my deposit account! However I think we should, even have to, see a turnaround from here. We are already well below Nav. Anyone putting a bid in for the company could get an absolute bargain.For that matter so could anyone buying shares.

[frogkid] 13/10/2023 06:45

I agree ade. I have extended my deadline to hold my position until the next quarterly but if there is no improvement in the share price then I'm going to reduce significantly. I'm not interested in bluff and bluster, only the share price.

[adejuk] 13/10/2023 06:41

i am still +ve
it's time we saw some £ results from the projects.
if i understand correctly there ought to be some facts in the qtrly in Nov/Feb?

[the bull] 12/10/2023 22:54

learn about pe ratios fella, this is a high potential growth company, pe ratios of 5-6 are not applicable. If its too lofty for you, sell out and buy into a steady miner with a regular pe ratio.

[pshevlin] 12/10/2023 18:01

Oh Dear! Come on LO.

[pshevlin] 12/10/2023 17:45

He blows with the wind for his own purposes. Reason pe is higher than other producers is that JLP can still make a profit with low PGM prices. Others will soon have to cease mining.

[undertaker] 12/10/2023 17:38

tempted to Ban LO should I?

[sb] 12/10/2023 17:31

LO ... snake in the grass ....

[lights out] 12/10/2023 17:22

Pe of 12.
Almost every PGM producer on a PE of 6.
We could easily go to 4p and still be above average Pe of 6.