Jubilee Metals Share Discussion Threads

[sb] 16/4/2024 15:13

The operative word, repeated several times is AIM.

[888icb] 16/4/2024 15:10

They had a number of analysts out there last week non of whom appear to have issued reports yet. Do you really think they have taken analysts out there to report on bad news and failure to meet deadlines? The news will be delivered soon and the analysts will issue their reports and probably upgrade their target prices.

[chozza] 16/4/2024 15:00

SB,
I'm just saying what they told us, and the market via RNS.

RNS 23 rd Jan 2024
"According to the terms of the funding term sheet, IRH and Jubilee will aim to complete the implementation of the SPV with the aim of completing the project implementation detail and timeframe and associated appointments by 31 January 2024".

RNS 12 December 2023
"Jubilee's technical services team has commenced extensive resource definition and process technical review with the aim of completing the project implementation detail and timeline within the next 60 days."

We have had no further information about the implementaion of the SPV nor about the project implementation detail and timeline.

That is why I am uneasy.

[adejuk] 16/4/2024 11:32

pl ant, not now.

[21ant] 16/4/2024 11:25

I wouldn't worry about it. The interview was 25th March and he said they were on track with Roan (all hands on deck) and we would hear news about IRH in terms of size, how they implement and how fast. This news was 'about' 2 weeks away. For me, anything from 1 week to 4 weeks is fine. We had an RNS on 28th March confirming that IRH had exercised their right to form the JV. That's the first step so news on next steps could come at any moment.
Whilst it would be nice to hear progress steps with Roan, we may not hear until the end of the month.
Q3 Ops update due 2nd week in May but was 2 weeks early last time so again towards the end of April possible and this might all get bundled together.
Lots of other negative macro events that will naturally pull this back with no news just like any other stock so a bit of patience required although news can drop anytime now.

[sb] 16/4/2024 11:25

Chozza, you perfectly illustrate what I have said: "when Leon sets expectations then fails to deliver......" He didin't PROMISE anything....the word was PROBABLY two weeks.... You blame him for the slipping share price whereas it is punters choosing to interpret his words a particular way and acting upon that interpretation that actually are responsible. With regard the fund raise "we raised that capital to get it up and running AFTER CONCLUDING THE TRANSACTION WITH IRH..." Yet you still doubt it going ahead?

[adejuk] 16/4/2024 11:23

it's about comms, not production or progress

[sb] 16/4/2024 10:59

His words in the Archer interview were that it was PROBABLY around two weeks for news flow.... Given that they did a fund raise and have invested months of time and committed money to manufacturing modules for the project, ask yourself, would that have been done if the stages laid out to fruition were not just formalities? Would the CEO and CFO have committed such resources if there was ever any doubt that it is going ahead...??

[luckykids] 16/4/2024 10:27

Hi sb. I don't think in the scheme of things what is written here makes much difference. Sometimes you feel the need to vent even though you hold and want the shares to do well. Done it myself on shares that I hold, just frustrated, my latest being on avacta but doesn't mean I don't want them to go up just like jbl

[sb] 16/4/2024 10:26

No, I am not, Frog .... they were general comments about how words often are (mis) interpreted, that's all.

[frogkid] 16/4/2024 10:18

I agree. It is ridiculous to even comment on timeline if can't be met.

[pshevlin] 16/4/2024 10:15

I'm certainly not. All my cash is already invested and it makes no sense for me to see a lower share price Thks froggers. When he was talking to Charles he made a definite commitment to two weeks. If he wasn't certain he should have said so. It doesn't mean there is a problem.

[frogkid] 16/4/2024 10:09

Are you seriously implying that Shevvers is trying to talk the price down ?

[sb] 16/4/2024 10:04

OR of course if you are yet to become an investor, or looking to increase your holding, some short term negativity, if it quells enthusiasm, and the share price slides a little achieves what you (short term) want.... Sentiment is nothing more than a feeling, and if reading here comments that question the competence of management that make the reader pause or question their own decision making rationale and delay investing then they achieve the desired effect. And if punters are not influenced by what is written here, why do so many logon and read them and comment themselves every day?

[sb] 16/4/2024 09:49

The issue is Shev that statements are made expressing intentions which are then interpreted, for whatever reason, as deadlines by certain investors who then manufacture negativity around an imagined deadline being missed. We operate in a hugely complex environment and a politically charged one too and most investors can have no clue what is involved in achieving what has and is still to be done and how fluid time can be necessarily. It is only sentiment, and sentiment ALONE, that drives the share price, so constantly chipping away with little negative comments is self-defeating IF you are a genuine investor looking for capital gains.

[pshevlin] 16/4/2024 08:54

I'm never one to knock him. You are completely correct in what you say about his effect on the company. The only thing that is negative is that promises must be kept. Better not to say anything than provide a hostage to fortune. The two weeks that was mentioned in the last interview is up and nothing has been reported therefore the share price will fall again. In the long run it will be irrelevant but comms still need to be improved. Leon mustn't let his enthusiasm run away with him when speaking in public, any other time it's what makes him a great CEO.

[adejuk] 16/4/2024 08:50

lucky, he was obviously the silent sibling !

[stockhunters] 16/4/2024 08:49

lets see who bites

[luckykids] 16/4/2024 08:44

Having been out of jlp for nearly 6 years I bought back in at 5.3p almost the same price as I sold. I went to three agms and a couple of Leon's talks at investor showsNow I know you guys are fed up with the time it's taken, but from the outside he has done an incredible job.He has taken an almost bankrupt co with a hole in the ground Tjate with Colin Bird pumping out confetti into an unrecognisable profitable company, through all the trials and tribulations of SA and Zambia to a company I think that could make what £40/50 million pounds in next year or so easily Why is the price here?. Nobody has heard of them, and of those that have, so few recognise that it is chrome not platinum and a so far hidden copper that is going to drive this exponentially. I think you need to praise him not knock him( Leon's brother)Luckykids

[adejuk] 16/4/2024 08:42

gotta love the new improved comms.

[chozza] 16/4/2024 08:18

Now six weeks late on confirming IRH JV deal,I wonder what part of the small print they are stuck on? Share price in reverse....
Any wonder when dealines and timelines missed with no explanation. Especially after assuring us PR and Comms was going to be much improved.
Really not good enough.
GLA

[frogkid] 16/4/2024 08:11

That said we should have been well into double figures by now

[pshevlin] 16/4/2024 08:11

21ant usually knows when something is going to turn up.