Jubilee Metals Share Discussion Threads

[chozza] 25/4/2024 09:15

Considering BHP has a market cap of £115Bn and Anglo £33Bn I think we can work out which way round the deal would be.

[collg] 25/4/2024 08:56

HULK SMASH!

[frogkid] 25/4/2024 08:41

Yes Bull, until it oxidises, then it goes green

[the bull] 25/4/2024 08:03

The future is very bright ?

[frogkid] 25/4/2024 07:38

Yes, we are on the verge of greatness, if we can remain independent

[goingforarun] 25/4/2024 07:28

Time for Leon to start delivering on Copper!

[wet your knot] 25/4/2024 07:01

In the last quarterly production figures the only metal that AAL increased production of was copper. By 11%. 20kt increase over the quarter YoY.

[wet your knot] 25/4/2024 06:58

CHRISTOPHER LAFEMINA, ANALYST JEFFRIES

"Based on our analysis, Anglo would be a good strategic fit for BHP or another major miner due to potential synergies, asset quality, and commodity exposure (especially copper). Our analysis indicates that Anglo consists of an undervalued portfolio of multiple tier-1 assets, several of which are in relatively low-risk jurisdictions (Chile, Peru, Australia, Brazil). There is a scarcity value to tier-1 mining assets that is not reflected in equity valuations. Hence, Anglo could be a compelling fit."

[h095117038] 25/4/2024 06:43

I meant peanuts in comparison to the money they have available for acquisitions,20p would be nice but I'd rather hold out for 18 months for much more 🚀

[frogkid] 25/4/2024 06:32

Not for peanuts, that would be difficult. But a bid of 20p might get some interest. I'd be tempted. 6 months ago I'd have taken 15!

[h095117038] 25/4/2024 06:30

Sorry that's right,I got a bit excited about about the copper interest and the fact that takeovers are now starting,surely Jubilee have to be a target,could be taken out for peanuts.

[frogkid] 25/4/2024 06:20

Other way round according to thishttps://www.mining.com/web/bhp-group-weighs-potential-takeover-of-anglo-american/

[frogkid] 25/4/2024 06:18

https://www.mining.com/web/blackrock-says-12000-copper-is-needed-to-incentivize-new-mines/

[frogkid] 25/4/2024 06:12

Some kind of merger ? Sylvania has to be looking, all that cash and needing to diversify

[h095117038] 25/4/2024 05:48

One TV analyst said BHP share price has dropped more than 10% in the last year making them a takeover target 😂....jubilee must be a sitting duck 😂🤣

[h095117038] 25/4/2024 05:41

Apparently interested in the copper aspect.

[h095117038] 25/4/2024 05:39

Anglo American looking to buy out BHP...mergers starting ?.

[wet your knot] 24/4/2024 14:41

Isn't the Bloomberg article slightly misleading? Its just about the premium that is being on top of normal market prices and is relevant to China only. The highest the premium has been for years is showing as $150/t. I think the market price has gone up around (or over ) $1,000 dollars per tonne in the last month. China also has issues with smelters margins being too low due to over capacity.

[pshevlin] 24/4/2024 11:07

Simple fact is that if they have to use copper they will have to pay the price or their companies will fold. There are bound to be ups and downs while companies think they can hold out from paying more. It's just the same as any other commodity, oil, food, whatever.

[flagon] 24/4/2024 09:35

China Copper Gauge at Zero Offers Stark Warning to Metals Bulls

(Bloomberg) -- A key measure of Chinese copper demand just sank to zero, another indication that global prices are not balanced with what buyers in the biggest market are prepared to pay.

Premiums paid on imported refined copper extended a months-long decline to reach zero for the first time in Shanghai Metals Market data going back to 2017. The unusually low levels come just days after copper on the London Metal Exchange rallied to a two-year high near $10,000 a ton.

“It’s a sign of extremely weak demand for imported cargoes,” Wang Yingying, analyst at Galaxy Futures Co. said ... more

Link :

[frogkid] 24/4/2024 08:42

https://www.thisismoney.co.uk/money/markets/article-13341387/amp/MARKET-REPORT-Weak-metal-prices-drag-FTSE-miners-red.html

[frogkid] 24/4/2024 08:16

Posted already I know

[frogkid] 24/4/2024 08:13

I believe a JV or even a merger is far more likely. The move on Vedanta could be a clue