Jubilee Metals Share Discussion Threads

[togglebrush] 17/10/2023 06:05

RNS extract:- award of The Slag Project aims to process
approximately 13 million tonnes of historical slag, estimated to contain 0.7%
copper and 0.27% cobalt in addition to the current slag arisings. Under the
targeted JV, Jubilee is exclusively appointed to design, implement and operate
the new processing facility with the first right to fund the implementation of
the project in collaboration with MCM.

[frogkid] 17/10/2023 05:06

I'm astonished these test results are not yet complete

[robers98] 16/10/2023 21:37

Slater growth fund report June 2023.

With copper we await results from tests in an Australian lab.
These were demanded by banks before they would fund expansion of the company into northern Zambia where the tailings are quite different from the south of the country where the company already operates. We originally invested for the Zambian copper opportunity and we keenly await those lab results.

[frogkid] 16/10/2023 17:31

Bloody typical, I've got some funds coming in Thursday and was hoping to throw more good money after bad.

[undertaker] 16/10/2023 16:38

maybe an RNS tomorrow am about this deal?

I'm sure many of us have sent emails to them about this (me included)...no reply yet though.

[the bull] 16/10/2023 16:28

115K tonnes copper and 30K tonnes of cobalt = $1.8B revenue

from 115M tonnes of mining waste. Zambia have billions of tonnes. This company will get swallowed up in the next 2 years. Zambia can't wait for jubilee to grow without dilution and major investment.

[frogkid] 16/10/2023 15:54

Thanks ade. Yes I still hold Boris.

[the bull] 16/10/2023 15:43

Here was the November Times statement



typo, copper and copper but latter being cobalt

[pshevlin] 16/10/2023 14:49

I'm lookin forward to buyin a bigger ole in't ground. Cobalt alone at Mufulira should be worth around 900 million dollars.

[sb] 16/10/2023 14:38

There were 26 of us livin' in hole int ground.... You were lucky!

[pshevlin] 16/10/2023 14:33

What! You have a bagging guy at your grocery store? We don't even have a grocery store.

[boris cobaka] 16/10/2023 14:31

V true ade. And sell when the bagging guy at the grocery store has a 'hot tip'

[adejuk] 16/10/2023 14:08

boris
buy when others are afraid
sell when...

[pshevlin] 16/10/2023 14:06

I would have thought that anything they buy or build would be able to be put to othr ues as well as Mufulira slags. That really would be cost effective.

[adejuk] 16/10/2023 14:05

boris.
you could always go to a covid party :-)
i've been here for 20 years and am still much in profit - but not so much as i was at 21p
it will rise, as sure as the sun. if i had less, or should that be fewer, i would buy more.

[robers98] 16/10/2023 13:50

Innovative copper, cobalt tailings treatment ‘encouraging’ – Jubilee

JOHANNESBURG (miningweekly.com) – The technical team of the JSE AltX- and Aim-listed Jubilee Metals Group is innovating a waste leach circuit for the treatment of copper and cobalt tailings, as part of its Northern Refining copper strategy in Zambia.

[baldrick1] 16/10/2023 13:48

Shut the spout deme..you're losing it. ;))

[goingforarun] 16/10/2023 13:42

The investment number looks too large for the tailings recovery module method JLP have discussed? 1,000 jobs for the local economy is great!

[deme1] 16/10/2023 13:40

$250 mil investment - Colin roll out the cannon

[adejuk] 16/10/2023 13:35

mean - it will

[meanreverter] 16/10/2023 13:31

The article says “13 million tonnes of both copper and cobalt”. Probably it means 13 mt of Cu+Co-containing tailings. To justify an investment of $250m, they would need to contain at least 1% extractable copper equivalent.

[baldrick1] 16/10/2023 13:30

It looks a blue finish today..increasing demand for shares at the moment.

[aceshi] 16/10/2023 13:29

Baldy...... you linguistic genius, give us your thoughts as to why you believe there are less than half the number of companies listed on the JSE today, as there were in 1994 and that number is dropping annually? Perhaps you should try to get your head around the concept that certain global locations carry with them higher than average investment risks. The market is generally highly perceptive to sentiment in these riskier locations. Believe JLPs woes are merely suppressed metals prices, at your own peril.