Jubilee Metals Share Discussion Threads

[kennyp52] 17/10/2023 08:57

Can anyone make sense of this post on the other thread ..

deme116 Oct '23 - 14:40 - 4587 of 4589
0 0 0
$250 mil investment - Colin roll out the cannon


Anyway .. from the financials the company now has retained profits of £37.72 with the probability of substantial future profits from the expansion program and excellent free cashflow. So can we expect a dividend within the next couple of years ? This would be a huge step forward and would massively underpin the share price imho . It’s why I am still holding confidently . As they say Rome was not built in a day . I fully understand some of the older guys in here are frustrated at the share price but there is sufficient uncertainty for the market to mark down the share price substantially and as Leon chips away at these and solidifies the financials I am hopefully we will swiftly return to 20p+ with $1bn MCAP remaining the stated ambition of the CEO .

Just a reminder for those doubting themselves and were possibly hoping to have cashed their retirement fund in by now ?

[pshevlin] 17/10/2023 08:57

I really wish I knew who that was Ade. It's getting almost as bad as when we had to deal with all the Warrants.

[freedom97] 17/10/2023 08:57

It's a pity Leon didn't mention about the $250m they will invest which could be why some are selling. Or was the Times of Zambia wrong in stating, "in which the company will invest US$250 million".

[adejuk] 17/10/2023 08:56

someone is eager to be out.

[pshevlin] 17/10/2023 08:42

Just a farce. Looks like you were lucky not to have the cash to throw in this morning froggers. Glad I didn't have any.

[pshevlin] 17/10/2023 08:34

Thanks sb.

[sb] 17/10/2023 08:24

isolator ...one of them, yes, I'm sure...and my money is on Sibanye. I think the Zambians will be wary of inviting China to grab an even bigger slice of African minerals and the Glencore lot are backed by Saudi money.

[the_isolator] 17/10/2023 08:04

Zijin Mining  Norinco Group, South Africa's Sibanye Stillwater and an investment vehicle owned by ex-Glencore officials are bidding for Mopani , so are these who we will be partnering

[pshevlin] 17/10/2023 07:58

Not signed up. I'm not selling but not many are buying on the strength of this because they are not aware of it. We have dropped off the face of the earth and people have to ask themselves do they want to hanG around in the doldrums here just to pick up a few more cheap shares or would they like to see a rising share price I am in the latter camp as I would in my lifetime wish to see a healthy profit. I suspect Ade is as well. For this to happen the Comms need to be much stronger. .

[sb] 17/10/2023 07:39

Read the Seeking Alpha report ....

[pshevlin] 17/10/2023 07:34

That's fine undie but some of us might like to see ourselves back in the black with our investments. The steady trickle of people selling is a sign that some cannot hold on or just don't believe anymore.By your reckoning you would be happy to see it at 2p. A lot of divorce proceedings might be triggered by that!

[sev22] 17/10/2023 07:33

Jubilee Metals to process Mopani Copper Mine slag after JV agreement.

[undertaker] 17/10/2023 07:29

Pshelvin - only if they are looking for equity funding (hopefully not).
otherwise, more for yus to buys whilst it's undervalued and the market finally wakes up!

[pshevlin] 17/10/2023 07:24

We really need a concerted effort by Ollie and Leon to get out and sell this on the road.

[xow98] 17/10/2023 07:21

500k sell at 5.9

[pshevlin] 17/10/2023 07:20

Just an opportunity for our seller. Who were those 4p warrants granted to?

[sb] 17/10/2023 07:17

Updated SeekingAlpha report published:

Rarely an irrational market opens a fantastic rational opportunity.
Jubilee Metals Group plc is significantly misjudged, and I supply the numbers to prove it.
The share price can double or more over the next 12 months and has the potential to be a 10-bagger over the next 5 years.

The production growth already announced and guided for FY 2024 pivots the company back onto its exceptional growth path. Revenue and profits accelerate relentlessly as the copper business gains traction while the chrome business anchors the company for growth and stability.

[pshevlin] 17/10/2023 07:16

Slight flurry and then nothing. Market still can't be bothered to pay attention.

[goingforarun] 17/10/2023 06:43

Feels like a massive stepping stone in the right direction, with further opportunities to come!

[xow98] 17/10/2023 06:23

No mention of profit split. We sort out the funding, design and running etc., but how are the profits split? Is it 50/50? Think this was rushed out given we picked up the award yesterday.

[21ant] 17/10/2023 06:17

No specific details on costs but clearly a big opportunity and adds loads more potential to the portfolio.

[catsick] 17/10/2023 06:10

These sound like very fat slags ...