Jubilee Metals Takeover Rumours (JLP)

Jubilee Metals Chart

Jubilee Metals Takeover Price

Jubilee Metals Takeover Forum Posts

07-04-2018
. . kryptonsnake, Thanks for your intervention, it has forced out some interesting calculations. It now makes compelling evidence that JLP will take the 33,333,333 shares and 33,333,333 warrants. No way is a price of 3 pence a share attractive enough, other than to JLP. And don't forget JLP will be increasing their share of the Kabwe project, so are getting back what they are paying out, and more. JLP holding of BMR after share enlargements:- 369,044,197 / 130,704,631 = 28.235% JLP holding after warrant (admissible by The Takeover Panel) enlargements:- 435,710,863 / 164,037,964 = 26.562% (Mandatory Takeover situation averted for now) . .
7 Apr '18 - 09:54 - 171 of 177 0 0 0 . . WHO IS GOING TO ACQUIRE THE 33,333,333 BMR SHARES ? (10% HOLDING) Well, it can't be JLP. NOT unless JLP want to be forced, under the 30% holding rule of the "Takeover Code", to offer BMR shareholders a cash offer for their remaining shares. JLP has to consult with its own shareholders prior to such a move. The minimum price that JLP can offer BMR shareholders is set by what price JLP paid to acquire other BMR shares in the previous 12 month period. (presently standing at 3.65 pence by virtue of the share price when BMR accepted JLP shares in the Kabwe deal.) .
. . WHO IS GOING TO ACQUIRE THE 33,333,333 BMR SHARES ? (10% HOLDING) Well, it can't be JLP. NOT unless JLP want to be forced, under the 30% holding rule of the "Takeover Code", to offer BMR shareholders a cash offer for their remaining shares. JLP has to consult with its own shareholders prior to such a move. The minimum price that JLP can offer BMR shareholders is set by what price JLP paid to acquire other BMR shares in the previous 12 month period. (presently standing at 3.65 pence by virtue of the share price when BMR accepted JLP shares in the Kabwe deal.) . .
14-03-2018
Sleven - there's some concern that the lonmin takeover may have run into some difficulty. This in itself could impact on their day to day stuff especially when it comes to payments.
back to this shite. I am not liking the look of this now. Credibility is out the window for JLP after the complete and utter fuck up of Hernic. Col and Leesie are keeping their heads down but by God they had better bloody well come up with soemthing fast or I will personally go and cut their nackers off and stuff them down their fucking gullets. I remember a poster, I think it was the Gambler, over on the other place, once said that JLP had so much potential that even Col and Leesie couldnt fuck it up. Well I fear he may have hit the nail on the head there. The Gambler 5 I think he was called. One more bit of shit news and we will be ripe for a two bob takeover. It wouldn't even surprise me if that is not the master plan. We are quite literally balanced on a knife edge here. Twats.
06-02-2018
I asked about an eventual takeover of BMR, understandably there was no reply.
26-01-2018
alwaysevolving, I agree we need someone else who can focus on Jubilee 100%. Remember, Colin stepped down from CEO and appointed Leon, as he trusts Leon to take the company forward. Now that the company is rapidly moving forward, expanding into many areas, Leon needs extra help, as far to much work on his plate imo. Last year even Colin mentioned in a webcast, Leon works around the clock and you could see Leon was drained of energy. Personally, I think we are very lucky to have Leon onboard and Colin should be thanked for that, as it was him who wanted to takeover BRR as he wanted ConRoast and Leon. I have a feeling once the Hernic debt is paid off in next few weeks, and when other projects become active, which won't be long. They will employ someone else to help Leon with all the projects. P.S, Also, need more focus on PR too.
23-01-2018
Was just checking out the lmi thread and look what was on the first page Nash81 14 Dec '17 - 10:03 - 42 of 83 0  1 0 after Lonmin, Sibanye may be eyeing to takeover JLP i believe
Morning All, frog, how do you know other companies have not had a look at JLP or currently looking? They might be very impressed with the deals Jubilee have done & are doing, so decided to let JLP continue getting these great projects before making an offer for the whole company. Obviously they would need to make a very good offer as the BOD would simply reject. They are not going to advertise there interest, 'Hey everyone we are looking to takeover JLP, so don't buy shares as we don't want the SP to go up, we are currently doing DD on the company'. They would want the SP to be low not high if they plan to make an offer for JLP. They could buy shares in JLP but that would push the SP up a lot so don't think they would do that. I hope no company at mo is looking to make an offer just yet until SP is well over 10p I don't think the BOD would agree to anything less than 15p a share.
18-01-2018
Tharissa and slp doing well again today. Poor ol' jlp. Couldn't rise more than a penny with a 10p hostile takeover bid sigh.... Is hernic still operating or did it close for xmas? No figs yet so no offload opportunity.
10-01-2018
Frog, hopefully a takeover, but that's wishful thinking on my part.
15-12-2017
turbo i recalled you said beaufort not allowed to do target price for JLP as their are our broker, are you sure thats the reason ? or maybe because we have to pay beaufort for this report? other company such as today, NFX, its broker (beaufort) issue a broker report with price target. can you find out from Colin the next time you speak to him thanks p/s: maybe Sibanye slowly taking stake in JLP now. Sibanye also have some stake in LMI before the takeover announcement. we will see.
14-12-2017
Given that LMI are JLP's refiner, it would not have been great if they'd gone bust. The takeover by Sibanya removes some uncertainty
11-12-2017
Don't really understand much of the recent jargon/chat, because historically JLP seem to have been immune to the ups and downs of Gold/Plat prices. Is it more likely that we are being groomed for a merger/takeover and out? Either way BoD are being annoyingly quiet when since October they have watched the price fall despite their assurances of ongoing increases in revenues from both projects. Perhaps the new company is merging with the target tailings under some joint venture arrangement and SP is being forced down to enable the numbers to work for the targeted owners. If this is a possibility, it has to be a buying opportunity, no?
22-11-2017
nash81 22 Nov '17 - 00:42 - 21881 of 21885 4 1 JLP sp being controlled ready for chinese takeover, Or maybe Anglo Plat takeover soon?
JLP RNS yesterday - massive profit for Hernic and the lowest cost, much lower cost that SLP yet,JLP hardly move. JLP sp being controlled ready for chinese takeover, Or maybe Anglo Plat takeover soon?
15-11-2017
If it crashes we will have a chance for a top up at 1p. I have been preparing for a crash for the last 12 months, far too early I know but its coming, we just don't know quite when. I hope we can get to 10p and then maybe a regretted takeover at 20p before this crash.
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