Jubilee Metals Share Discussion Threads

[sb] 18/4/2024 08:00

Apart from Roan, which is a minor issue, there is nothing else to bellyache about... The increase in Chrome which is printing money is great news and the small scale mining partnerships that can produce more copper than Sable can handle is (a) worth very conservatively at least $30 million/an ADDITIONAL profit and (b) exactly plays to what the government is trying to achieve by making the small operations more commercial, provide the "youths" who cause so much trouble a future in the industry and builds goodwill for further expansion for both us and by association IRH. It is a very smart political play. "This largely unexploited sector offers Jubilee the potential to rapidly deploy its modular copper processing units across a large number of current mines assisting both the sustainability of the small-scale miner as well as offering exponential growth in the refining of these copper units." For someone with so much (too much??) invested I am constantly amazed at your inflammatory response, Frog.

[21ant] 18/4/2024 07:59

Bid already at 6.7p to open

[philby1] 18/4/2024 07:57

Apologies, I missed that!

[frogkid] 18/4/2024 07:56

Read my 58636 philby, I do mention chrome. That was the only positive in an otherwise disappointing RNS.

[philby1] 18/4/2024 07:51

frogkid. Of course it's a disappointing but these things happen. It is frustrating but not a disaster. Chrome going great guns too which you don't mention. I will add if the share price slips too far.

[21ant] 18/4/2024 07:50

Sadly I can see this back to or below the mid 6's. It is short-sighted to sell because the story is compelling. The issue is the recent rise was likely all around the Roan launch in April and now that isn't happening.
It's another chance to buy cheaper for anyone with spare cash but I'm not one of them.
Also I don't know why he hasn't increased guidance on Chrome - they should smash that target now (Probably wants to say they significantly exceeded target at year end)

[frogkid] 18/4/2024 07:42

And let's be honest, apart from chrome, who is happy with this update?

[frogkid] 18/4/2024 07:42

Let's see whether my annoyance impacts the share price today!

[frogkid] 18/4/2024 07:41

58650 was my post sb. Looking forward to hearing your positive spin on this.

[sb] 18/4/2024 07:40

Agreed.... refer back to my post 58568. Exactly.... I have the intention of buying more.....

[frogkid] 18/4/2024 07:40

Why not add your thoughts philby?

[frogkid] 18/4/2024 07:39

Leave it out, how much longer will Roan be delayed? And of course it impacts production !

[philby1] 18/4/2024 07:35

pshelvin - Well said!

[pshevlin] 18/4/2024 07:33

I think you are really looking for anything to trash the share price today froggers. Not very useful. You need to look at the overall picture.

[goingforarun] 18/4/2024 07:33

I think building out the supply chain around Roan is very positive. Even if it was ready to run now we would still have had to go through materials sourcing therefore the delay is minor. Ultimately by the June quarter we should have the whole thing up and running with throughput rather than just capacity.

[frogkid] 18/4/2024 07:32

You got your Thursday RNS Freedom !

[frogkid] 18/4/2024 07:30

It always bothers me when an update doesn't include the word "pleased"

[frogkid] 18/4/2024 07:27

Whereas I think we are lurching from one thing to another. What happened to the silicon leaching? Another project brushed under the carpet. There will be an exodus today.

[pshevlin] 18/4/2024 07:24

Even if the irh deal completely fell through ( very unlikely) they are building enough copper resource to make a big difference to the bottom line. I get the feeling they are hedging against being dependent on the Arabs.

[frogkid] 18/4/2024 07:23

But we were told end of April a few weeks ago. The market simply does not trust what is announced. I don't believe it will be running by end of May and we are in danger of missing Cu targets for FU24. I am disappointed with this update. We will get slammed today I reckon.

[21ant] 18/4/2024 07:22

Yes it will probably slip back now but hopefully holders see the bigger picture. Chrome is flying and Copper is close, just not as close as it was. Disappointed to see another delay but if you’re an investor here it’s not worth dipping out for the sake of a few weeks.
Very frustrating again though.
Agree the mention of more small scale miners was good but added to soften the blow - no meat on the bones yet.
I’m glad the q3 numbers are out - they were always going to be low for copper. They have finally had to reduce the guidance for this year. Still be way over LY though.

[stockhunters] 18/4/2024 07:21

dont think a small delay is a problem

[pshevlin] 18/4/2024 07:20

I doubt they had any control over delay to electrical equipment froggers. Unfortunate but not catastrophic. End of May we shall see.