Jubilee Metals Share Discussion Threads

[frogkid] 25/7/2024 08:35

Let's get something finished first shevvers!

[pshevlin] 25/7/2024 08:19

That might be another very lucrative avenue for JLP. Hope Leons already on top of it.

[aceshi] 25/7/2024 07:12

KennyPlenty companies selling themselves as a "major outfit" even fitting the description of one, with the infrastructure, project plans, potential of enormous profibility, prospects of buybacks and divies but we know the story. Eventually the only thing that needs to be "major" is delivery of profits. The rest is marketing BS, pipe dreams and a ride for the BOD and upper management. JLP is yet to prove their position and the market is clear on that. Hence the history of an erratic and currently dismal share price performance.

[frogkid] 25/7/2024 06:48

https://www.mining.com/web/vedanta-seeks-partners-to-develop-zambia-mines-its-regaining/

[freedom97] 24/7/2024 17:29

The Copper traders really have been putting pressure on the price of Copper for the past few weeks. hopefully they will start buying soon on the new trading cycle and when copper demand increases more they won't have much effect on the copper price in the future imo.

[freedom97] 24/7/2024 17:24

Ade, is it possible to ask the person you know who said he's selling some of his 10m holding, when he finishes to let you know. Then post here. tia!

[freedom97] 24/7/2024 17:20

I see Leons 625k buy was trade 10 today.

[freedom97] 24/7/2024 17:13

Ade, we could get an update anytime on those projects Leon has already informed the market that he said he will update us on, as not affected by closed periods imo.

[timhigginson12] 24/7/2024 15:37

The same situation occurred in another company. The Chair stated that they were unable to give any detailed information about the annual results but were still able to give indicative information about the companies progress. In that case she was able to state that the turnover for the year had more than doubled but not put a figure on it.

[pshevlin] 24/7/2024 15:29

Let's hope you are right Brinks.

[brinks_matt] 24/7/2024 14:45

Ade,

Respectfully, we do not agree.

Under Rule 21, Directors are in closed periods for 30 days before release of financial results (expected October). Clearly JLP do not fall into the closed period before financial results.

The only other relevant closed period are dealings where JLP are in possession of unpublished price sensitive information. You can argue the toss as to whether successful commissioning is price sensitive or not, but JLP have signposted very clearly their activities and commercial consequences.

Still technically possible for an update in the next few weeks.

[adejuk] 24/7/2024 13:50

wyk
yes
30 days from date of director buy

[frogkid] 24/7/2024 13:14

Blimey, I'm actually staggering around the room having been struck viciously by the proverbial feather.

[21ant] 24/7/2024 13:13

Yes that’s another great show of confidence

[robers98] 24/7/2024 13:09

Very good, Leon showing his support.

[xow98] 24/7/2024 13:00

notified on 24 July 2024, that Leon Coetzer, Chief Executive Officer of the Company, purchased 625 000 Jubilee ordinary shares ("Ordinary Shares") at an average price of 6.4 pence (ZAR1.51) per Ordinary Share.

[wet your knot] 24/7/2024 10:24

Notwithstanding my reply to Ade above I think we should be getting an Ops update within 3 weeks. I know the director buy wasn't massive cash-wise (was it £25k's worth) but as they are not compelled to buy any I don't think you'd dip your hand in your pocket if you were about to release a "it's all gone pear shaped" update.

[frogkid] 24/7/2024 09:40

Pleasantly surprised we've held mid 6s. With a reasonable update, decent forward looking statement, and no more balls ups with deliveries, we might actually gey back to recent highs within the next 6 weeks. I'm just not certain enough to start any buying spree soon !

[wet your knot] 24/7/2024 09:39

Ade, is that a closed period because of the director purchase? There should be an Ops update by mid-August and, as previously noted, JLP have been sticking to the timings on those updates for some time now.

[pshevlin] 24/7/2024 09:35

We also know that the results will be worth Neal having spent £30k on buying shares unless he's a complete idiot.

[adejuk] 24/7/2024 09:18

we know there will be no update before end of august
the closed period is 30 days

[frogkid] 24/7/2024 08:53

Might see a run up to 7s from next week as we anticipate the ground breaking results and update.

[frogkid] 24/7/2024 08:21

Now that is great news Ant. If we can help others while making a few bob I'm all for it.