Share Name Share Symbol Market Type Share ISIN Share Description
Jubilee Metals Group Plc LSE:JLP London Ordinary Share GB0031852162 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  -0.05 -1.28% 3.85 1,518,253 16:35:05
Bid Price Offer Price High Price Low Price Open Price
3.80 3.85 3.90 3.825 3.90
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 23.59 7.95 0.48 8.0 71
Last Trade Time Trade Type Trade Size Trade Price Currency
16:35:05 UT 50,000 3.85 GBX

Jubilee Metals (JLP) Latest News

More Jubilee Metals News
Jubilee Metals Takeover Rumours

Jubilee Metals (JLP) Discussions and Chat

Jubilee Metals Forums and Chat

Date Time Title Posts
12/12/201918:55Mighty Oaks from Tiny Acorns (Moderated)17,314
12/12/201911:29Mighty Shorts from Tiny Acorns (UnModerated)1,242
20/5/201906:57Jubilee Metals at the UK Investor Show 2

Add a New Thread

Jubilee Metals (JLP) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
View all Jubilee Metals trades in real-time

Jubilee Metals (JLP) Top Chat Posts

Jubilee Metals Daily Update: Jubilee Metals Group Plc is listed in the Mining sector of the London Stock Exchange with ticker JLP. The last closing price for Jubilee Metals was 3.90p.
Jubilee Metals Group Plc has a 4 week average price of 3.80p and a 12 week average price of 2.98p.
The 1 year high share price is 4.85p while the 1 year low share price is currently 2.20p.
There are currently 1,855,300,673 shares in issue and the average daily traded volume is 5,930,372 shares. The market capitalisation of Jubilee Metals Group Plc is £71,429,075.91.
timhigginson: Two years ago at the AGM when the share price was....4p Colin was lamenting the fact that in his opinion the share price was too low as it represented a forward P/E of 20. He further opined that the share price would not fall below 3.6p. Guess what? Two months later there was a share placing with Miton at ....3.6p. Now two tears later what has happened transformational or otherwise as far as the then existing shareholders are concerned.... nothing! Talking about the share price being up 100% this year forgets that it must have fallen 50% during the previous year. So far Kabwe has yielded nothing but maybe it will during the next year or two. The more recent purchases should also be yielding shortly. Whilst all shareholders want the company to grow nobody wishes to see the company quadruple in size but the share price to remain at 4p due to excessive issues. The AGM is only a few days away. Last year I was the only one to vote against giving the Directors license to issue more share. Lets see what happens this year.
mikebolle1: A year or so back somebody on this board explained to me the effect of dilution. He/she made use of the slice of cake, as an example, which I understood. I understand that, because of placings, the slice in my hand gets smaller. Now, since December 2018 there were a few (annoying) placings, which caused my slice to reduce even more: 1) 10 Dec '18 saw a 52 493 438 share placing and the share price on the jse was 45 cents on that day. 2) 21 March '19 saw a 491 814 444 placing while the share price was 50 cents. 3) 14 November '19 the dreadful 162 208 900 placing at a share price of 86 cent, on the jse. Now, yes my slice decreased in size since December '18 (1 363 486 229,00 issued shares vs 2 017 509 573,00) but during the same period, the value of the slice in my hands increased from 45 to 86 cents. (Bullster can do the %-calculations). Now again: In Dec '18 that slice was baked with only Platinum and some other PGM stuff, but in Nov '19 that slice is made of PGM stuff with Chrome linings and I can dip it in some Acid stuff. Soon it will be a mixture of PGM's, Chrome, Lead, Zinc....and Vanadium and not too long from now, that slice will be served on a copper plate with fine Chrome decorations. So, do I care that my slice got must be joking! The cake got bigger and better. That slice is earning some serious money now, Dec '18 I had to pay for it myself. Sorry for the long post... but common...this company is really doing great!
plat hunter: I think it's safe to conclude that the share price is news sensitive to the upside lol 15:11 24-Oct-2019 JLP Acquisition at Hernic: Transforming Operations RNS +12.18% Up 07:00 24-Sep-2019 JLP New Corporate Presentation RNS +6.58% Up 07:00 17-Sep-2019 JLP Kabwe Multi-Metal Processing Project Update RNS +9.06% Up 08:00 05-Sep-2019 JLP Windsor PGM Project - Full Operational Status RNS +1.56% Up 10:15 23-Aug-2019 JLP Completion of Acquisition in Kabwe & Joint Broker RNS +5.73% Up 09:00 05-Aug-2019 JLP Six Monthly Operations Update RNS -3.84% Down 07:00 11-Jul-2019 JLP Projects Update RNS +2.26% Up 13:45 05-Jun-2019 JLP Projects Update RNS +14.19% Up 07:00 09-May-2019 JLP Quarterly Operations Update Q1 2019 RNS -4.09% Down 12:30 03-May-2019 JLP TR-1: notification of major holdings RNS +12.26% Up 07:00 23-Apr-2019 JLP Price Monitoring Extension RNS +3.44% Up 11:00 09-Apr-2019 JLP Price Monitoring Extension RNS +10.47% Up 14:05 05-Apr-2019 JLP Second Price Monitoring Extn RNS +25.68% Up 14:00 05-Apr-2019 JLP Price Monitoring Extension RNS +25.68% Up 16:41 04-Apr-2019 JLP TR-1: notification of major holdings RNS +25.35% Up 14:26 03-Apr-2019 JLP TR-1 NOTIFICATION OF CHANGE IN MAJOR HOLDINGS RNS +27.72% Up 16:40 02-Apr-2019 JLP Second Price Monitoring Extn RNS +27.36% Up 16:35 02-Apr-2019 JLP Price Monitoring Extension RNS +27.36% Up 13:35 29-Mar-2019 JLP Voting Rights and Capital RNS +12.51% Up 10:38 29-Mar-2019 JLP TR-1: Form for notification of major holdings RNS +12.51%
lostabillion: Undertaker, your thoughts on share price movement are similar to mine. Leon has given us clues which suggest that we could accelerate way beyond 30p. 10p within the next 8 weeks is likely imo with a proper rerate around the middle of next year. Happy if it takes a bit longer as I remain a firm buyer whilst the share price is in single digits. Something else to bear in mind is that we have approx £60m worth of PGM’s just sitting there at DCM. That is almost our entire MCap! Slight spanner in the works is that we are a sitting duck for a takeover. I too will not be selling a single share prior to hitting 35p and even then I’ll review and continue holding if the company continues to grow at pace. The business model is easily scaleable and will be implemented in yet to be announced countries around the world as per Leon’s clues, hence my belief that the share price will rise beyond 35p.
nelson01: Jlp share price should be 8p in the coming weeks and 16p when Kabwe starts to produce Decent Profit in around 6 months. Where else are you going to 4 x your money in the next 6 months.
bullster: . . bookwormrobert, I went to great pains to emphasise that it was a share price comparison purely on the amount of pgm's being produced.Investors have said in the past, "how come Sylvanias share price is much higher than ours", so, my quest was also to draw attention to the effect that the greater number of shares in issue had. It was rough and ready, to a point that picking at it does it an injustice. JLP will be able to announce a dividend in November (if they wanted to), we have a cash pile, we now have copper sales, we now have acid sales, we can look forward to vanadium,zinc,lead,silver and cobalt. Kabwe is only just beginning, a multiple earner compared to our pgm's and over a longer period, not including the extra longevity the zinc offtakes provide. SLP are further down the road, yes, but closer to bringing some projects closer to exhaustion. Keep one foot on the good ship SLP and one foot on JLP's deck and transfer your full weight over as we sail on bye. G.L. . .
bullster: . . JLP Share price 3.7p * Annual PGM Onz 30,000 * Shares in issue 1,860,000,000 SLP Share price 37.6p * Annual PGM Onz 76,000 * Shares in issue 282,340,000 JLP .000016 PGM Ounces per share SLP .000269 PGM Ounces per share SLP factor 16.8 X JLP 37.6p to 2.24p When JLP get to 60,000 ounces of PGM per annum 37.6p to 4.48p When DCM adds 10,000 ounces of PGM per annum 37.6p to 5.23p This is a rough calculation to measure our share price against SLP on a PGM production basis (only). IT'S OBVIOUS THAT WE ARE UNDERVALUED Other factors will further enhance the JLP share price beyond the calculation and to some extent are already. We have a better chrome take, more infrastructure , better diversified projects, Tjate, Kabwe etc, etc. . .
kryptonsnake: "At least one institution been accumulating here for months, just in small volumes each day so as not to spook the share price " God forbid they would want to spook the share price. They need to keep it low for the next placing LOLsss You know what happened when Miton bought in around 3.6 in a placing, then the share price fell to 2p. Institutions will continue to be disappointed here I don't know why they bother LOLsss
goldibucks: “I fail to see any other company on AIM with the multi bag potential that JLP has”. It has almost no multi-bag potential. Kabwe done well, after the 11% BMR royalty, and after 35% Zambian corporation tax will just about replace Hernic and Windsor PGM earnings when they ebb away 2 years from now. There won’t be another BMR where they survive a license revocation and grind down a smaller company with tailings but no earnings. BMR 2 will be far more expensive and risky to pull off and will refocus attention on how little money JLP make from processing net of ALL costs, i.e acquiring tailings, building plant, interest at double digit rates, and paying tax in jurisdictions where they don’t have accumulated losses, e.g. Zambia. Jubilee is not an easy business to scale. To date it’s relied on doing bigger and bigger projects at the expense of exponentially more dilution. That model is not sustainable. Their core business Hernic was originally a 30% profit on a £13m capital investment so about £4m of actual profit. Even ignoring how many years of £4m a year central costs shareholders would have had to pay to see Hernic through, it was a pathetic profit for such a risky venture set against a backdrop of a business rescue, dam breach, a weak SA economy, and low PGM prices (initially). The share price raced to a multiple of the real NPV of Hernic and surprise surprise JLP couldn’t wait to spend equity, time and time again, all the way down. 1,855m shares in issue and counting. What JLP do is NOT an easy way to make money. DCM losses and the collapse of Windsor Chrome earnings in Q2 19 demonstrate that. Keeping on good terms with the Zambian government also won’t be easy either as Glencore and Vedanta found out. JLP is a growth trap that has sucker punched gullible investors for 17 years. If you went back to any one of those years since 2002, you’d see investors talking about JLP multi-bagging. They’ve been wrong time and time again. Nothing is different this time. JLP will never be able to cheaply, quickly, and reliably replicate what they do enough times to grow EPS consistently. It will eventually fail or they will continue peddling the dream of expensive alchemy and end up with a trillion shares in issue.
goldibucks: “you have to admit that the story becomes even more compelling with a sustained rise in basket price.” Do you understand how little the price of PGMs support Jubilee’s market cap and that if it goes up Jubilee make more from Hernic in the short term but it just brings forward when the 85% share kicks in so all they benefit from is a slightly thicker 15% tail but you’re talking hundreds of thousands a year and not millions which is a fraction of 0.1p on the share price if you break it down? All PGMs do is make JLP more on Windsor PGMs when Northan finally get round to processing them. Shard put an NPV of only £9m on Windsor PGMs our of their £100m March 18 target. That’s 0.5p of the current 2.85p share price so PGMs have to go through the roof to make any material difference to the share price. How can you hold an investment in a company and not understand the commodity prices driving it (lead, zinc, vanadium and chrome). Sylvania benefit from higher PGM prices because that’s all they do and there is no 85% share kicking in on their current PGM production in 2 years.
Jubilee Metals share price data is direct from the London Stock Exchange
Your Recent History
Jubilee Me..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20191212 19:29:34