Jubilee Metals Share Discussion Threads

[frogkid] 25/6/2024 08:18

So pay them in cash and let them buy some shares. Come on chaps, be real. We will know the cash position soon enoughI suppose.

[pshevlin] 25/6/2024 08:17

They obviously know how much more they will make from shares. Good luck to them (and us).

[9tintin] 25/6/2024 08:15

froggy

Was it not implied that the vendors wanted equity ?

But I agree Jubilee needs to produce the numbers now and then we are off to the races.

This time next year Rodney,,,,,,,,

tintin

[sb] 25/6/2024 08:13

According to the RNS the other parties requested to be paid in shares not cash.

[baldrick1] 25/6/2024 08:12

Frog keeps changing colours..he should call himself chameleon ;))

[frogkid] 25/6/2024 08:08

CoinbaseDoronDcarn

[frogkid] 25/6/2024 07:51

I have a question. If we are throwing so much cash from chrome etc. Why did we need to dilute further? I am against dilution for value enhancing deals but this was not alot and we surely should have had cash available?

[kennyp52] 24/6/2024 23:33

Investors want to see actual production and revenue by the looks of it to me . Proof is in the pudding as they say. I remain confident in Leon . This could be a bit of a mining Goliath in the next few years .

[adejuk] 24/6/2024 20:32

with those numbers this is a 5x within 18 months

[pshevlin] 24/6/2024 20:17

That was the gist of it WetYK. Get yourself better.

[wet your knot] 24/6/2024 20:07

Shevvers, I didn't fully take in the podcast earlier (i've got covid and feeling generally a bit drowsy) but were the numbers mentioned something like this: the copper expansion will give an annual margin equivalent to the current MCap? Or something like that?

[pshevlin] 24/6/2024 20:05

double? Rather more than that.

[mercury287] 24/6/2024 19:01

If delivered, will double the group revenue and have an even greater percentage increase to the bottom line. Insane price for the upside potential. Lack of trust has created an amazing buying opportunity if you believe JLP can deliver.

[frogkid] 24/6/2024 17:40

This is all very disappointing but somewhat predictable.

[aceshi] 24/6/2024 17:22

Same old, same old, nothing to see here. Update lacking in any real substance, as we have become accustomed to, over the last 20 years........ Fired up the Canon to secure a few more gravel heaps and plenty "jam tomorrow" if you figuring on living long enough. Top up opportunities of a lifetime every day of the week.

[wet your knot] 24/6/2024 16:41

Alp, think it needs actual increased production to be reported. This was a prelude. Not bad news but just progress rather than results. I did a couple of top ups earlier this year at 5p (give or take) but am holding on for much more than 40%....400% would be a good start.

[alpal2] 24/6/2024 16:34

Anyone share my disappointment at market reaction today? Eagerly awaited RNS full of good news but plenty of sellers prepared to get out at this price level.

[adejuk] 24/6/2024 15:48

i added 200k today. no point in talking the talk.
last at 7.1

[adejuk] 24/6/2024 15:28

otoh. the best time to buy, for some time.

[sb] 24/6/2024 15:23

Or alternatively a fund accumulating.... they will play tricks via their chosen intermediary, Shev, if they need to accumulate shares the price will drop to shake out the weak holding PIs .... there will be some large trades either way later.

[adejuk] 24/6/2024 15:21

small volume so not [or unlikely to be] a fund. profit taker from 5p?
no biggie shev. so long as they're making money

[21ant] 24/6/2024 13:49

Don't know why they need to hide who votes. Mind you I see Twitter (x) have just made likes anonymous too