Jubilee Metals Share Discussion Threads

[pshevlin] 07/11/2024 09:12

Jeez!! Are they dumping the lot today?

[the_isolator] 07/11/2024 09:11

I'd have thought sells simply because we really haven't moved much

[z1co] 07/11/2024 09:11

Yes 100% sure , at the time it was 4.45p V 4.50p

[pshevlin] 07/11/2024 09:09

Are you sure they are buys Z1CO

[z1co] 07/11/2024 09:02

Delayed buys of 1,000,000 from 8.00 and 8.03 shown as a sells by advfn

[pshevlin] 07/11/2024 09:02

Seller still active.No jam today.

[pshevlin] 07/11/2024 09:00

11p is over twice the current price so I'm not unhappy with that for the time being. Still a lot of work to be done over the next year to boost that figure.

[wet your knot] 07/11/2024 08:51

Eddie, Zeus is at 11p still for now.

[5teadyeddie] 07/11/2024 08:49

Looks very good to me. All the plans seem to be steadily progressing towards or in to production. And the RNS is much clearer than they used to be: limits room for doubt and confusion.

I need to model the revised numbers, but JLP looks very cheap. Hopefully they've bottomed out: production should put a floor under the price.

[pshevlin] 07/11/2024 08:32

New Zeus note

[mr waite] 07/11/2024 08:24

Price looks promising 4.52 to sell 4.55 to buy.
If the buying continues we may see a nice rise before the South Africa market opens.

[888icb] 07/11/2024 08:17

Up 1.69% in first 10 minutes of trading on volume of 2.4 million all Buys.

[the_isolator] 07/11/2024 08:07

Dare I say it, the sellers as gone

[mr waite] 07/11/2024 07:18

Jubilee's chrome operations have delivered outstanding performance, surpassing the quarterly targets with exceptional results
o The Company is reviewing half-year guidance which will inform the full-year guidance figure

[wet your knot] 07/11/2024 07:17

All looks on track although I only had a quick scan....I've got a wall to paint this morning. Certainly can't see any references to components stuck in ports etc etc. And its great that we've got a commentary video from LC released at the same time.

[xow98] 07/11/2024 07:14

Leon talking through Q1 numbers

[mr waite] 07/11/2024 07:13

Excellent all going to plan.

In Zambia, we have made considerable strides to establish a solid foundation for our anticipated growth in copper production. The commissioning and ramp-up of both the Roan and Munkoyo projects have been completed, setting the stage for substantial increases in output.

Despite facing several hurdles along the way, including the country-wide power crisis, we have navigated these challenges and emerged stronger. Our copper business is now positioned for exceptional growth, with two fully operational processing plants at Roan and Sable, complemented by the successful implementation of the Munkoyo and Project G Open-Pit copper mines.

Looking ahead to the remaining three quarters of FY2025, I am confident that we will continue with executing on our copper growth strategy, while maintaining the momentum of our successful South African operations."

[frogkid] 07/11/2024 07:05

Update RNS , always worries me when it doesn't state that it is "pleased" to provide an update. Let's have a read.

[mr waite] 07/11/2024 06:49

Where the % notification from 6 to 5.08% can’t find it.
On the JLP website the % is at 6%
If you look at the Rns again you will notice the reported drop is from 5.08% to 4.97%

I can see what Genises is saying and also see you have to report on 1% drop as you were saying but this RNS is at a original holding of 5.08%

[xow98] 06/11/2024 21:59

Only have to disclose when they drop 1%, i.e. from 6% to 5%, which they have just done.

Don't have to do any disclosue once below 3%.

[genises] 06/11/2024 21:05

The company should ask for shareholders % every quarter
As a RNS.
Done one for them.
I take it the xCFO should had being doing this.

Jubilee Metals confirms that as at 31 October 2024, the Company had 3,005,659,155 Ordinary Shares in issue, with one voting right each.

The Company does not hold any shares in treasury. The number of Ordinary Shares with voting rights is therefore 3,005,659,155

Accordingly, these figures may be used by shareholders as a denominator for the calculations by which they will determine if they are required to notify their interest in, or change to their interest in, the Company, under the Disclosure and Transparency Rules.

Looking at past no notification has been given by fidelity on its reduce holding from over 6%
Naughty

[genises] 06/11/2024 20:45

Dr Khoza is an eminent business leader having held the position as chairman of several blue-chip firms.
lecturing in Corporate Governance, Business Leadership, Business Strategy and Marketing Communications.
I hope he can pass his knowledge to the board.
An asset to the company

[xow98] 06/11/2024 18:38

Volume

May 24…..99m (whole of May, 31m from 21st May)
Jun 24…..76m
Jul 24…..68m
Aug 24…..85m
Sep 24….107m
Oct 24….252m
Nov 24…..33m (to 6th Nov)

[xow98] 06/11/2024 18:20

In September 2023 they had 267m, so total sold since then 118m (in 13 months) Current holding 149m.

Share price 7.4 end Sep 23, Fidelity only sold 10m through to April 24 (per above) share price in April 6.8.

Since then have sold 108m, share price down from 6.8 to current 4.45. Downtrend commenced 21st May 24 from a high of 8.65.

[bedsidemanner] 06/11/2024 16:47

Screen shot taken in August 2024 from Jubilee web site suggests FiL then held 244,412,286 shares so as of today looks like they have sold just over 95 million shares ( in April 2024 they held 257242505 so sold over 107 million)