Jubilee Metals Share Discussion Threads

[frogkid] 08/7/2024 17:06

Millwall, I completely concur and sympathise. Whilst not at retirement age I have been in this an awful long time. I would never have believed we would still be in single figures after all this time. Decision time this year for me. JLP need to start showing a ROI. Any more balls ups and delays, any more subterfuge, I will be gone.

[pshevlin] 08/7/2024 17:04

25p as a fait accompli I would reluctantly take but I'd rather wait a bit for 50. The thing about this is that they own most of the stuff that others want so the risk of a downside is not great at least from here.

[millwallfan] 08/7/2024 16:49

Pshev. ANOTHER 5 years for those of us who have been here 20 years plus and already well into pension age is not very appealing. This company have so often offered immense potential ( I was in around original Tjate hype) but the repetitive rollercoaster rides are very frustrating. On numerous occasions I have truly believed we would get to 50p+ but would now be happy to settle for a 25p peak or a 25p buyout as at my age cash is fast becoming king !

[frogkid] 08/7/2024 15:46

I just picked it up on directors talk

[pshevlin] 08/7/2024 14:23

Another load of idiots.Does anyone have the actual note? I'd like to see how they arrive at that.If it's a prediction fot this quarter it may be OK but a year out??

[pshevlin] 08/7/2024 11:12

I think once they have proven the concept with the copper modules it should be relatively plain sailing from then on. The money will follow when they start doing the same thing over and over again. Nothing too fancy. On top of that maybe they could start looking at other jurisdictions and metals but only using cash thrown off by the current business. At least that's what I would like to see.

[frogkid] 08/7/2024 10:32

It's a nice idea shevvers. The point is that NAV is of no interest unless taken into account for a buy out. And we will not see a decent share price until such time as Leon starts issuing clearer guidance. The market does not trust JLP.

[pshevlin] 08/7/2024 10:04

Have to disagree froggers. Buy out not wanted. I intend to hold these for at least 5 years if their are no black swans. I thing Mr Slater will be thinking the same. They are my pension booster.

[frogkid] 08/7/2024 09:52

Naive SB? My only interest is in how much my shares are worth, that should be the focus of any investor. NAV is irrelevant in this respect. Of course the company has made great progress but my shares are worth 7p each. The communication from the company si still poor and each announcement throws up many more questions. Smoke and mirrors my friend. It remains to be seen whether we do really well out of this. Best chance is a buy out.

[sb] 08/7/2024 09:34

Naive POV Frog. There are many businesses where the value as reflected by the share price is less than NAV. Are you really trying to claim the advances made in the last 3 years are not operationally and profitability-wise value enhancing?

[frogkid] 08/7/2024 08:42

Except that it is not more valuable by market cap sb ! That is the dilemma. It is my opinion that a period of time, 12-18 months probably, will need to pass, without any more unpleasant surprises (dilution , delays etc.), before the private investor will start to trust the company again. Until then we will not get back to the 20s, mid teens is achievable. It would be nice to get an update on glycine, or has that just been abandoned?

[sb] 08/7/2024 08:31

Lurker, you are discounting the vast progress made in the last 3 years.... it is a different company now, and far more valuable!

[lurker5] 07/7/2024 21:41

Except that 'highs' are often just a spike on very low volume !

[the_isolator] 07/7/2024 18:21

Thanks lurker, so 21 high was around 22p ish we should be around 16p really give or take a penny

[lurker5] 07/7/2024 17:30

Sorry. Misread the numbers - based on capital raised (ie inc share premium) Reports and Accounts not clear. Correct figs are
June 2020 2,112,509,600 shares of 1p
June 2021 2,245,090,030
June 2022 2,657,051,400
June 2023 2,738,130,000
Now 2,990,562,357
increase 1.4x

[sb] 07/7/2024 17:20

See we have some bright sparks just arrived ..... not.

[tonytyke2] 07/7/2024 17:08

300 billion??

[grannyboy] 07/7/2024 13:23

3.01bil shares in issue!

[lurker5] 07/7/2024 12:40

JLP shares in issue
June 2020 114.6bn
June 2022 155.5bn
June 2023 299.1bn
Now 300.1bn
Source JLP Annual Reports and Accounts
expansion since 2020 2.6 times

[adejuk] 05/7/2024 11:59

we all agree. egregious stats
apart from that, a very good analysis of where we are

[pshevlin] 05/7/2024 11:58

If they keep on watching it at least the penny might drop, eventually.

[frogkid] 05/7/2024 10:46

I don't think so either freedom but I'm too.bored with this to check. If things ain't happening by Q4 24 I'm going to be looking to move some of my investment elsewhere. All the promise of jam tomorrow is getting to me.

[freedom97] 05/7/2024 10:43

"9p price today is the equivalent of 2021’s 21p, for the same market cap." Really?? I don't think Jubilee has issued over twice the amount of shares since 2021 have they?