Jubilee Metals Share Discussion Threads

[frogkid] 03/10/2024 16:01

I've said many times, action group needed. He will never stop issuing shares against these stupid prices. Let's wait to see what the new bloke gets for free. And why ain't we have a replacement FD/CFO? I think i know.

[goingforarun] 03/10/2024 15:44

I think Leon has to truly start delivering a return or I’m not sure he’s going to have a good Christmas. Fundamentally stop issuing shares, prove the business generates cash and buy feed with that! Align plans to self sufficiency!

[pshevlin] 03/10/2024 15:37

Thanks Philby. Sorry about the stammers.On a train over the Brenner!

[philby1] 03/10/2024 15:34

He's holding.

[pshevlin] 03/10/2024 15:26

What's tw saying?

[pshevlin] 03/10/2024 15:26

What's tw saying?

[pshevlin] 03/10/2024 15:26

What's tw saying?

[pshevlin] 03/10/2024 15:25

What's tw saying?

[pshevlin] 03/10/2024 15:25

What's tw saying?

[adejuk] 03/10/2024 14:40

4p yes
sub 4p - unlikely
it all depends on the seller and how much he is willing to accept.

[goingforarun] 03/10/2024 14:27

I do wonder whether it’s now going to sub 4p?

[freedom97] 03/10/2024 14:04

No I didn't frog I said, "looks like our seller has finished..." Also it doesn't mean pi's aren't selling.

[frogkid] 03/10/2024 13:50

But freedom said it was done !

[adejuk] 03/10/2024 13:03

seems the seller is still here
am waiting

[wet your knot] 03/10/2024 09:02

The ramp-up of copper production and chrome production is expected to have a material impact on Jubilee’s fortunes in our view as it returns to growth, but this time across two countries and two different commodity suites. We see copper and chrome having a robust outlook; copper as it’s part of the energy transition connecting all things electrical and chrome as it provides corrosion and strength to steel and we expect ongoing increases in infrastructure spending as China provides economic stimulus. Just to reiterate: Jubilee is not overly exposed to mining risk with the majority of its material from existing at-surface material or via low-risk open pits; Jubilee has a unique processing capability and many solutions to recover originally lost metals; Jubilee is now on a growth path with multiple strands to its organic growth, and we should begin to see the benefit of this over FY25 and onwards.

[wet your knot] 03/10/2024 09:00

Jubilee has multiple strands in Zambia all of which will propel it to be a mid-tier copper producer from material which others have chosen to walk over; Jubilee is producing new copper from perceived waste. We continue to see an 11p/sh fair value, pending a review of our model.

[wet your knot] 03/10/2024 08:57

hxxps://www.research-tree.com/companies/uk/jubilee-metals-group-plc/research/zeus-capital/jubilee-metals-jlp-ln-audited-results-for-fy24-june-/d19c0785-7dc4-4392-a47b-6ff459e09792

[wet your knot] 03/10/2024 08:57

Zeus have updated their research and are at 11p fair value still.

[5teadyeddie] 03/10/2024 08:30

So PGMs actually lost money at these prices - not surprising the production is restricted.Plus the high depreciation and interest charges allocated to PGMs as a result of past investment doesn't help.

It means that even at these copper production levels the EBITDA from copper is higher than that of PGMs.The benefits of a multi-metal company. Next year this will be a chrome and copper company with a few PGMs, unless the PGM prices start to follow gold again.

Need to generate a lot of cash from copper this year to keep investors happy.

[frogkid] 03/10/2024 08:22

Wow, definitely loading up after hearing that

[tebboc] 03/10/2024 08:04

https://audioboom.com/posts/8581335-midweek-takeaway-with-leon-coetzer-ceo-of-jubilee-metals-aim-jlp-jlp