Jubilee Metals Share Discussion Threads

[pshevlin] 14/6/2024 14:10

That should help sb. Certainly soothe some nerves, eh froggers?

[sb] 14/6/2024 13:47

ANC and DA agree a deal for a government of national unity.

[the_isolator] 14/6/2024 12:10

Fair enough Pshevlin

[21ant] 14/6/2024 12:01

Likely we'll see that fourth quarter one around mid July if the last two are anything to go by.

Meanwhile this could fall further. Level 2 has gone from 6 vs 1 a few days a go to 1 vs 2 now

[21ant] 14/6/2024 12:01

Likely we'll see that fourth quarter one around mid July if the last two are anything to go by.

Meanwhile this could fall further. Level 2 has gone from 6 vs 1 a few days a go to 1 vs 2 now

[wet your knot] 14/6/2024 11:53

Investor Calendar
Details Dates
Second Quarter Operational Report Second week of February 2024
Interim results for the period ended 31 December 2023 Second week of March 2024
Third Quarter Operational Report Second week of May 2024
Fourth Quarter Operational Report Second week of August 2024
Audited results for the year ended 30 June 2024 Second week of October 2024
Annual General Meeting Second week of November 2024

[pshevlin] 14/6/2024 11:40

It will actually be a 3 monthly update isolator.

[the_isolator] 14/6/2024 11:27

I'd say we might have to wait till mid July like last year for a 6 monthly up date to the end of June

[the_isolator] 14/6/2024 07:53

Seems so much going on in Zambia it's really just a matter of time before someone shows an interest in us if they haven't already

[robers98] 13/6/2024 15:22

Also from Dorfan on lse.

Momentum who are huge in South Africa have put out a buy recommendation for Jubilee shares. Their closing comment is : If Jubilee is going to achieve only half of what has been promised there is no doubt that there is considerable value in the share and recommend increasing your holding although the market will take a seeing is believing approach.

[robers98] 13/6/2024 15:20

KoBold Metals, the Bill Gates-backed mining exploration company, could spend $2.3-billion to build a major new copper mine in Zambia, President Hakainde Hichilema said, citing figures from the company.

The firm aims to produce more than 300 000 metric tons per year at Mingomba — making it the country’s biggest such operation — and will begin sinking the mining shaft in the first half of 2026, according to company officials. Their meeting with Hichilema on Friday was broadcast over state television.

Zambia is seeking to become one of the world’s largest producers of copper, which is crucial for green technologies like electric vehicles and wind turbines. The world faces predicted shortages of the metal in the coming decades amid the shift away from fossil fuels. Hichilema has previously said the Mingomba project could ultimately become one of the three-biggest copper mines globally.

Officials from KoBold, based in the San Francisco Bay area, met with Hichilema and a group of heavyweight investors visiting Zambia this week to tour the firm’s activities in the country. They included senior representatives from Bill Gates’ Breakthrough Energy Ventures, Standard Industries, Equinor Ventures, Bond Capital and T Rowe Price

[y cymro] 13/6/2024 12:36

|Just topped up, cheap as chips imho.

[philby1] 13/6/2024 12:01

Yes, feeling very positive about the future here and still a great price to be adding, as I have recently.

[freedom97] 13/6/2024 11:58

Not long now before the share price will really start moving north! imo.

[freedom97] 13/6/2024 11:56

I've noticed there has been a large increase in volume the past 6 trading days for JBL.

[pshevlin] 13/6/2024 11:50

I think we are probably going to get a fairly exhaustive report in July covering the last half and what will be happening next quarter. I just picked up from dorfan on the other site
" Momentum who are huge in South Africa have put out a buy recommendation for Jublee shares. Their closing comment is : If Jubilee is going to achieve only half of what has been promised there is no doubt that there is considerable value in the share and recommend increasing your holding although the market will take a seeing is believing approach"
Thanks and apologies.

[luckykids] 13/6/2024 11:37

Wasn't there also supposed to have been an update on the Mopani resource as well by now?

[luckykids] 13/6/2024 11:36

Hi Tim I think Leon explained by way of saying that quality of pgms from certain strata of chrome are not as good as others and they had been using the ore from the poorer quality areas . This seems like a good idea to use up the poorest when the price was depressed, and means they will have better quality therefore more quantity to work with when the price rebounds. Good planning

[timhigginson] 13/6/2024 10:51

Th what the position is e problem with the delay is that it puts in doubt the year end result for the year to 30th June 2024 as it would appear the we will not get the 1000 tonnes for May or June as expected. Hopefully the delay will not go further than the end of June and impact next year.
As regards the PGMs I have been puzzling over what the increased Chrome production means for the PGMs: why is the PGM output not also increasing? I think the answer will be that the current PGMs use up our capacity and that the improved residue from the increased Chrome will extend the life of the reserves. If prices rebound strongly an expansion of the PGM processing will then take place.

[frogkid] 13/6/2024 10:38

So everyone is happy that we have heard nothing on Roan?

[the bull] 13/6/2024 10:34

I am not in the slightest bit concerned about my investment in JLP. When it starts motoring with copper, the share price will. It is a profitable company, so some delays won't sink it.

[wet your knot] 13/6/2024 10:02

Why so FFF? They've doubled the number of regular, planned ops updates per year (which now have safety stats at the start of each one), there's updates in between where justified, there's been a couple of Twitter updates, they do the podcast thingies to give people a bit more insight. I wouldn't say they are particularly great but I wouldn't say they were heading in the wrong direction.

[frogkid] 13/6/2024 09:16

I would hazard to say that JLP have reached a new low in IR. So much for the promised improvement in communications. How is any new investor supposed to make a balanced and informed decision when there is so much uncertainty.Frustrated Frog from Frimley