Jubilee Metals Share Discussion Threads

[pshevlin] 28/3/2024 08:28

As we all well know on here the only thing that will really move this and fast is CASH! Everything else is a lot of big words and even small ones that the majority of investors are either too stupid or too indolent to understand. We need the herd to get moving and the best way to do that is wave a large WAD in front of their ugly greedy faces!

[frogkid] 28/3/2024 08:26

Let's hope so. This is a ridiculous price given the potential. Frog

[wet your knot] 28/3/2024 08:23

Frog, I think you are correct and there have been many slips on timing in the past. However, unlike rebuilding trust in a personal relationship, I think in a business relationship it doesn't take more much than people seeing a couple of projects coming to fruition and some cash rolling in. FOMO has a big role in investing and that can soon turn a corner. I think we are going to see that during the next few weeks/months.

[sleveen] 28/3/2024 08:18

wet knot

No it will be upgraded to 7% for onward upgrade. Tailing likely to be say 1% or so.

I expect someone to jump down my throat with the exact figure soon.

[frogkid] 28/3/2024 08:14

What bothers me about JLP is that even positive news like this doesn't shift the price. There have been so many false dawns that I believe the trust has gone.

[wet your knot] 28/3/2024 08:11

So roughly speaking:
Roan if ramp-up is completed in April will give 1,083t/month - May onwards
Waste Rock - the JLP 30% will be 500t/month from Q2 2024, say July then, plus management fees.
Munkoyo from September 2024 but not sure on volume.

So possibly 2,000t/month by calendar year end? At least 1,500t.

[pshevlin] 28/3/2024 08:08

I think you are right froggers. The question is, if it is 7% copper in the concentrate how much is that worth to us. Some kind of chart to show how this works and comparing costs of production with how much that fetches on the market would be so helpful. For instance, once we have the copper in solution is it worth our while refining all or some of it ourselves. So many questions around the metal.

[frogkid] 28/3/2024 07:36

No I don't read it like that WYK. The concentrate would be 7 %.

[adejuk] 28/3/2024 07:31

shev. i think a large holder wants out b4 year end and i 'imagine' its not done yet.
still 4 more trading days.
vg rns.
final confirmation
don't imagine the market will respond well
cos it never does!

[bspgamer] 28/3/2024 07:28

Just the share price LMFAO

[frogkid] 28/3/2024 07:17

Great news

[21ant] 28/3/2024 07:11

Morning. Well that RNS says everything is good! What’s not to like?

[pshevlin] 27/3/2024 21:13

Hows that Ade?

[adejuk] 27/3/2024 18:38

i expect more days like today before the 4th.

[pshevlin] 27/3/2024 16:46

That looks to me like the 5 mill was a sell and then somebody picked up 3 mill at mid price giving a quick profit to the mms. It's all carefully orchestrated.

[21ant] 27/3/2024 16:41

That's what I was thinking xow98. Been a weird day. Lets hope that's cleared it and tomorrow can be more normal and upwards preferably.

[xow98] 27/3/2024 16:39

Lucky them, must have profits to offset against

[21ant] 27/3/2024 16:37

Jeez - over 5 mill then a 3 mill

[adejuk] 27/3/2024 16:34

looks as if the seller is keen to be out by year end.

[goingforarun] 27/3/2024 08:46

Until it’s in an RNS the market will ignore interviews.

[888icb] 27/3/2024 08:43

In his recent interview by Charles Archer Leon was questioned about upcoming milestones. He was very clear that they would be met.

[21ant] 27/3/2024 08:40

Morning.
I think that has been the case for some time Frog. I do think the interviews and podcasts help to reassure most lth and have helped support the price at times. Having that information to hand is useful because when we do get the transformational news and this breaks into an uptrend we fully understand why and can be confident it will continue.
People just trading in and out don't really care about the detail so it makes no difference to them and sadly, with the MM's, they are influencing the price more atm.

There must be a huge amount of free float out of the 3bn shares here but minimal are changing hands. It's actually the lack of volume that causes the MM's to keep dropping the price. One sniff of decent volume and we move up.
Today so far, unfortunately, looks like very low volume again.

[goingforarun] 27/3/2024 08:36

With the recent history of issues dropping in RNSs I think the share price is only going to move on proof of delivery. Before then it’s a fear of more excuses that’s holding it back.

[frogkid] 27/3/2024 08:10

It appears that no amount of positive interviews or podcasts has any affect on the share price. The only catalyst will be actually showing that all this is coming to something. At least I get my wish to switch stock into the ISA before the price goes up. A slightly bitter tasting victory.

[xow98] 26/3/2024 16:36

Sells after 4pm : 250k @5.4 & 750k @5.41.

106k at 5.44 in Auction