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Share Name Share Symbol Market Type Share ISIN Share Description
Jubilee Metals LSE:JLP London Ordinary Share GB0031852162 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  -0.05p -1.98% 2.475p 10,901,410 16:13:08
Bid Price Offer Price High Price Low Price Open Price
2.45p 2.50p 2.525p 2.475p 2.525p
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 14.14 -2.40 -0.18 27.7

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Date Time Title Posts
23/1/201920:40Mighty Oaks from Tiny Acorns (Moderated)8,165
02/1/201905:08JLP & Plat Related News & Links6
03/7/201822:29jubilee platinum charts33
13/6/201811:51Interview with Jubilee Metals1

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Jubilee Metals (JLP) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2019-01-23 17:02:192.502,172,11754,302.93O
2019-01-23 16:33:012.50158,2943,957.35O
2019-01-23 16:32:592.50158,2943,957.35O
2019-01-23 16:13:032.4527,883683.41O
2019-01-23 16:12:402.50158,2943,957.35O
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Jubilee Metals (JLP) Top Chat Posts

Jubilee Metals Daily Update: Jubilee Metals is listed in the Mining sector of the London Stock Exchange with ticker JLP. The last closing price for Jubilee Metals was 2.53p.
Jubilee Metals has a 4 week average price of 2.40p and a 12 week average price of 2.03p.
The 1 year high share price is 3.60p while the 1 year low share price is currently 2.03p.
There are currently 1,118,360,942 shares in issue and the average daily traded volume is 3,030,624 shares. The market capitalisation of Jubilee Metals is £27,679,433.31.
alwaysevolving: How long before the ever increasing Palladium price reflects in the JLP share price? It has to as some point surly?
kryptonsnake: Goldilocks is partly right. It's going to take a few quarterly updates to get the share price moving It doesn't matter how many projects Jubilee holds or how many of the big boys they are talking to. They need to prove they can make a profit otherwise the share price stays static. Can Leon achieve this without another 100 placings? Right now I see a lot of desperate investors getting excited every time Leon does a wet fart. But those farts aren't making any difference to the share price Show us the money Leon
tim117: Although the fine chrome process cannot be patented we ought to have registered design protection. The scale of the benefit to chrome miners should be easily quantified and therefore the value of the process monetised and potentially sold to a metals royalty firm. For us it would be a bit like sale and leaseback and would reduce the future earnings but give us immediate cash. How much? Given that the process applies to all chrome miners everywhere the value could be as high as our current market cap. It is wrong to say that there is no hurry with Kabwe as the Govt could withdraw the licence which Glencore might then pick up. JM needs to ensure that no further share issues are need and let the share price rise to a much more representative value of the company today. Once the share price has reached a properly descriptive level then further share issues can be used. In Dec 2017 at the AGM Colin felt that the forward P/E would be 2 when the share price was 4 which share price he felt did not reflect the proper value of JM.On that reckoning the P/E today would be 1 !!! A little time is needed to let the current projects mature and let the market reprice in view of the progress being made. More haste less speed.
goldibucks: PlatCro chrome showed that when they didn’t have to issue 100% equity to fund a project, they didn’t, it was only 15%. When they’ve acquired tailings assets they have used nearly all equity, probably because they’ve had to. With no immediate prospects of earnings, equity or cash is all you can use. With Hernic is was about 50/50 debt/cash, i.e they didn’t have to issue equity and they didn’t and the share price surged. Although, bear in mind the Hernic debt was incredibly expensive so debt isn’t always the silver bullet for shareholder value. I don’t think they take decisions on funding that they know will hurt the share price just to roll out their grand plan. I think they have underestimated how much the market hates dilution in the past and how little value the it attaches to medium to long term earnings. The comments Leon made about the PlatCro chrome being 85% non-equity funded acknowledged that. They absolutely did the right thing with the PlatCro PGMs equity raise at 5p. The share price was overvalued after the Tjate license granting and would have fallen back anyway so why not build the pipeline before it did? It will be interesting to see how much they get back from PlatCro PGMs versus the value of the equity they gave up even at the inflated price. I think we’ll look back on the Kabwe equity issues as the deals that made JLP but progress will be slow, maybe deliberately so to minimise dilution and maximise debt funding on the back of combined Hernic and PlatCro operating cash flows. As Plat advises, if you lost money, and I lost £16k on previous JLP trades, chalk it up as your error, you failed to spot the turning point, it’s a risky business, don’t get angry with the company and question the Directors’ motives. Mea culpa, mea culpa, mea maxima culpa.
goldibucks: “noticed several large buy coming in?” And several large sells. If something was about to happen, and that’s probably going to be at Kabwe because DCM chrome and PlatCro PGMs have just passed go, wouldn’t BMR have held off selling for a couple of weeks? Even though BMR have been in Zambia for years, you know something they don’t? Really? Also, in one of the recent webcasts JLP were talking about inviting the big boys over in January to demonstrate their capababilities. If they were working on something that could be announced imminently, would they have time to do that? Finally, maybe JLP are about to release an update but even when the news is excellent, it’s not been moving the price recently. Do BMR know about it but don’t think it will move the share price? Speculating about news flow is a red herring. Big investors have been moving shares around, there aren’t many loose shares left, and most investors get that Hernic is making so much cash that JLP are finally approaching profitability, then adding on two new earnings streams for good measure, hence the share price is withstanding the battering the rest of the market is getting. A lot of investors have speculated on killer JLP news flow in the last 16 years and there is a £90m retained loss in the Balance Sheet to prove that investment strategy doesn’t work. The reason the bears are done for in 2019 is annualisation and layering. Hernic ramped up earnings are being annualised, that’s going to more than cover their costs for the full year ended 30 June 2019 and they are layering on more earnings streams like DCM fine chrome and PlatCro PGMs, every day things are getting better, all that’s required is a bit of patience to get to the release of the full year results, there is no need to predict the timing of any news flow, that’s why I’m so relaxed about Kabwe updates. I know I’ve called this right without Kabwe but it may come in handy at some point. I certainly wouldn’t have been investing in BMR on the back of Kabwe alone even if they had been capable of extracting value from it, it would have been too risky and turned out to be a disaster for their shareholders. Kabwe is an opportunity to reach for the stars but it carries the risk of JLP biting off more than they can chew, tangling with a corrupt government, and further diluting shareholders for no additional short to medium term earnings which as we’ve seen with PlatCro and the initial Kabwe deals kills the share price and results in the market ignoring their efforts to add less risky earnings streams.
goldibucks: “I can see the potential in JLP and will continue to hold”. If you thought the share price would be closer to 1p by the end of the year, why didn’t you sell with a view to buying back? Both times I thought the share price would fall, I sold out. It saved me £38,500. For the share price to fall when Hernic is doing well you need the pipeline projects to fail miserably from their current position. I can only see PlatCro, DCM fine chrome, and Kabwe progressing, albeit at differing speeds, and the starting point is zero earnings so I don’t get your year end prediction. You’d have needed a stock market crash to get you there.
plat hunter: Krypton's not even smart enough to be a troll.. Fool can't even remember what he's said 7 days apart or what the share price of a so called investment was in the last 5 days. What an absolute womb broom. kryptonsnake24 Nov '18 - 15:35 - 6431 of 6435 0 0 0 Platts you fool, a base is formed when a share price stops falling. This hasn't stopped falling for over 18 months I sold WRES at 59 and bought back lower kryptonsnake17 Nov '18 - 17:27 - 12437 of 12451 (WRES Thread) 0 1 0 You can use charts in different ways. For me the chart indicates that it is now in an uptrend so the share price should continue to rise over time To sell high and buy back lower isn't always easy. In hindsight it was easy to sell at 0.6 and buy back lower. What if it didn't come back down? Take BMN for example, many probably expected a pull back but it just keeps rising at the moment kryptonsnake17 Nov '18 - 17:27 - 12438 of 12451 (WRES Thread) 0 1 0 Maybe the next lot of news will cause a spike in share price and I might decide to sell some in the hope of buying back lower. At the moment it doesn't interest me
goldibucks: I don’t think we need marketing, financial PR, web designers or anything like that. It’s a waste of money and would just add to JLP’s (now probably quite modest) losses. The JLP share price and market capitalisation is low due to a failure by the Board to execute enough sustainably profitable projects quickly enough. Very simple. Hernic is the only decent project they’ve done and it’s taken years to pull in a couple of million a quarter. DCM has been a disaster. Kabwe to date has been a disaster. PlatCro is a short term punt farmed out to Northam and funded by dilution. I don’t know what the f£&k they do all day, they should be delivering a steady flow of cash generative projects, 2-3 each and every year given the amount of surface material laying around after 150 years of below surface mining. Saying all that I bought another 200k at 2.3p today, now hold 2.5m. I just can’t believe that with Hernic flying, DCM getting a shot in the arm with fine chrome, PlatCro about to start getting turned into cash and that big mountain of tailings at Kabwe that they can continue to fail. The big difference between now and past years is that they have a successful project in Hernic and they are going to start pulling money in from other projects imminently. Before it was all just talk. The question is can they then move on from that and start building a decent business with a frequently added to and progressed pipeline from cash flows without the bulls$%t dilution they have been addicted to for the last 16 years.
red rook: The JLP share price is falling, but holders can comfort themselves that it is also falling in all of Bird's other enterprises. I see that over at XTR the shareholders are starting to mobilise and are planning an open letter of no confidence! They have a poll running and over 90% are disatisfied with Bird. Who Can blame them. Another Bird disaster unfolding. Just look at the share price and share price history. Meanwhile, at GLR discontent is also growing. Who Can blame them. Look at the share price and share price history. Platt, maybe you should start an online poll here to gauge the satisfaction of JLP holders. Try hTTp://
jonathon1: These guys dont seem to pull anything off, besides destroying the share price. That, they have done well, and are still working well at it. What has Leon added to the share price? What has Colin added to the share price? NOTHING. In actual fact they have both diluted the share price many times. Bring in new experienced people. Nothing mentioned of debt reduction in Hernic. This was mentioned in the 30 Jan 2018 RNS 68% reduction in debt at Hernic and the 26 Oct 2017, 54.13% reduction in debt at Hernic was disclosed. Nothing since that. Why must i go work it out? They must be consistant in their methods of reporting. Why have they not reported the reduction in Hernic debt again? These people are like slippery snakes. Would the reduction in debt not be good news for Jubilee shareholders? Yes, it would be, but these clowns choose to not report that. I then ask, WHY?
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