Jubilee Metals Share Discussion Threads

[adejuk] 15/3/2024 15:56

i think this is an inflection point

[wet your knot] 15/3/2024 15:55

Thanks all! Copper showing as $4.11/pound now so it's all good....I think :)

[adejuk] 15/3/2024 15:41

this thread is populated by newbie, inexperienced investors.

[alpal2] 15/3/2024 15:12

It may be painful for all of us but you can't hold JLP or directors responsible for 50% drop in PGM price over last 2 years. Look at the money we would be making if Plat and palladium were still at about $2000.

[freedom97] 15/3/2024 15:06

Google also says, The Copper is purified by electrolytic refining. This method is used to get metal of a high degree of purity.

That piece you posted WYK is saying due to the price of copper Concentrate going down to a 10 year low and raw material shortages China has cut back on their copper production at unprofitable facilities has now caused the price of copper to go up! as it says, "Copper futures surged toward $4.0 per pound, reaching the highest in eleven months after top Chinese copper smelters agreed to reduce production.."

edit

Also, "For centuries, copper was smelted in an open furnace. The slightly impure copper had impurities, mostly sulphur dioxide which bubbled up through the copper as it solidified. That gave a blistered surface and the results of the smelting were called blister copper."

[line and length] 15/3/2024 14:55

I think it should say copper concentrate processing prices plummeted...(There is a shortage of copper concentrate)

[wet your knot] 15/3/2024 14:06

Can anyone explain this? Why does it say that copper concentrate prices are going down but copper price is up? What is copper blister?: "Copper futures surged toward $4.0 per pound, reaching the highest in eleven months after top Chinese copper smelters agreed to reduce production at unprofitable facilities due to raw material shortages. The decision came as copper concentrate prices plummeted to a decade-low, impacting smelters' profitability. Although no specific production limits were established, each smelter will evaluate operations and make adjustments as needed. Additionally, the meeting addressed potential alternative strategies such as increasing the use of copper blister to decrease reliance on copper ore concentrate in manufacturing processes".

[xow98] 15/3/2024 13:45

Copper above $9,000 a ton.

[chozza] 15/3/2024 13:36

Its a deadline, not a dead area!

[goingforarun] 15/3/2024 12:55

What’s happened to the volume? Have they shut up shop for the day?

[pshevlin] 15/3/2024 11:40

It's not a line froggers it's an area.

[21ant] 15/3/2024 10:55

No need to worry about the IRH timing yet. It's only 15th today. Maybe this time next week I'd be getting disappointed but for now we just need some buyers from somewhere. Slow day so far.
However copper has hit $9000 and Palladium is having another good day. Plat also up a bit so all good for us.

[frogkid] 15/3/2024 10:54

I think we do know though freedom. Deadlines are deadlines.

[freedom97] 15/3/2024 10:14

I've seen with many companies deals can take slightly longer than expected it's mostly due to the Lawyers being so slow at doing the paperwork ready for signing.

So when a company says the deal will complete the middle of March etc I always allow some flexibility. But you never know an RNS could be issued Monday.

[pshevlin] 15/3/2024 09:52

Hopefully a rather more searching interview next week with news before or after.

[xow98] 15/3/2024 09:51

Frog's feelings towards this share are like a rollercoaster, down one minute, up the next.

[kennyp52] 15/3/2024 09:40

News please

[pshevlin] 15/3/2024 09:34

Yes callme. I thought that looking at the prices.

[pshevlin] 15/3/2024 09:21

They really don't want to move the share price

[frogkid] 15/3/2024 08:44

Let's hope so SB. Fridays have become our friend!

[pshevlin] 15/3/2024 08:41

Search me.We need the next lot of figures.