Jubilee Metals Share Discussion Threads

[wet your knot] 13/7/2024 14:47

Frog, miracle? There's a football match on tomorrow you know! I think it's purely time now, stuffs been built (we've seen the video), they'll get it running, they'll optimise and they will expand (eat, sleep, rave, repeat as we used to say).

[meanreverter] 13/7/2024 08:01

“ ... clearing out the shares issued to acquire the additional resources.”

Presumably, this refers to the shares in Jubilee issued to International Resources Holding RSC Limited. This is not a company that wheels and deals in financial instruments, but rather an investment holding company already with large holdings in the natural resource sector, backed by an even bigger general-investment parent company. Its partnership with Jubilee is motivated by the value of the copper that Jubilee will be able to extract from the acquired resources.

[pshevlin] 12/7/2024 17:15

Gleichweis Ade. Also agree about Leon. Always reminds me of Max Headroom. Something a bit AI about him.

[timhigginson12] 12/7/2024 16:36

If we manage to equal FY23 profit of 13m the 7p share price is fair. However the future is a totally different matter. The share price will start to rise when the first quarters production numbers emerge. Thereafter in November we will get the audited accounts for FY24 and the Sept quarter update. At that point I expect the share price to be 10/11p but by this time next year we should be seeing 15/20p.
This weeks lack of performance I can only put down to clearing out the shares issued to acquire the additional resources.

[adejuk] 12/7/2024 16:31

leon is neurodivergent. he may even know it.

[pshevlin] 12/7/2024 16:30

Ade, could you make a couple of appointments for some on here? Schizophrenia seems to be developing rapidly under significant stress.Worth a letter to The Lancet Psychiatry?

[frogkid] 12/7/2024 16:22

The horse has been flogged, and it is now dead. We need the second coming of the Messiah or some other miracle!

[frogkid] 12/7/2024 13:50

I think this will be 15p by end of July

[frogkid] 12/7/2024 13:47

CoinbaseDoronDcarn

[adejuk] 12/7/2024 07:33

wyk
i have bet on it but i wouldn't now.

[adejuk] 12/7/2024 07:32

>frog
occlusion. good choice.

[frogkid] 12/7/2024 07:22

Indeed WYK ! Health service glasses, gigolos and brasses

[wet your knot] 12/7/2024 07:18

Frog, A bit of grin and bear it, a bit of come and share it.....update later this month.

[frogkid] 12/7/2024 06:53

Absolutely correct Kenny. There is no excuse for all the mystery on numbers. It is impossible for any potential new investors to make a fact based investment decision when there is so much occlusion. The tension is rising again here. Just when we should have reasons to be cheerful, 1,2,3. And they all started squabbling on the other place. Looks like Edzi is drawing fire. It should not be this way. Something has to give soon...

[kennyp52] 11/7/2024 22:19

Interesting stuff guys . We now have a financial director I believe .. this being the case then it is high time he produced a profit / cashflow forecast or get some real figures out in the market giving us the actual margins and profit per production by product . It shouldn’t be difficult but it is vital to the understanding of where JLP is and where it is heading. We shouldn’t have to be guessing .

[shotbybothsides] 11/7/2024 20:56

Chrome next year should be near 1.8 million tonnes, the average margin is £23 per tonne which should increase the more of our own feed we process.

PGM margin should be £200 per oz and we should produce approx 40 000oz

Copper cathode ( Sable) all in cost is around £4800 per tonne so at todays price margin will be around £ 5000 per tonne
I think the copper concentrate ( Roan )price we get is 65% of LME but I have no idea on costs or the expected output next year.

[goingforarun] 11/7/2024 19:04

Not sure we’ll average $4.5k on Copper ad the mix is unknown. Still it would point to be above 7p later this year (hopefully)?

[timhigginson12] 11/7/2024 18:50

So lets assume a chrome share price per tonne of $300 from which we may earn $50. If our output year FY24/25 of 1m tonnes should see us earn $50m from our chrome with the PGM/chrome producing say $10 per oz or $4.4 and say 20,000 tonnes of copper contributing $4500 per tonne $90m gives $144.4 before HO Tax and $/gbp so say net 72m gbp (excluding any IRH) say 10xP/E gives a market cap of 720m or 3.2x current share price so something over 20p by year end cy25.
I know the target is 25kt with existing equipment functioning properly but it may take time to ramp up. There is a large increase in working capital required so they may take their time in building up so as to use the free cashflow to provide the extra working capital needed.

[wet your knot] 11/7/2024 17:23

Chrome prices have continued to trend upwards on strong fundamental demand for product coupled with port inventories at the lower end, supporting prices. THS Q3 production update.

[doron] 11/7/2024 17:02

Nothing to do with me why do you think that?

[frogkid] 11/7/2024 16:45

Hi robers, whichever way we slice it and dice it this has been a dreadful investment for the last 3 years and they now need to deliver on promises CheersFrog

[coinbase] 11/7/2024 16:44

Frogkid, it’s not me.