Jubilee Metals Share Discussion Threads

[adejuk] 26/2/2019 16:54

always
how can you say 'please' to that trump wannabe?

[deme1] 26/2/2019 16:44

all talk of

Prill split
plat rising
pal rising

means diddly squat when JLP are concerned.

[alwaysevolving] 26/2/2019 16:43

Can we have a 13 in front of it next post please Bullster?! 😉

Surly it has to have a material impact on the share price at some point? Of course it would REALLY help matters if the BOD could update the market with what is actually going on. Leon still seems to insist on stating time frames he can’t seem to keep. One might have thought he would have learned not to do that by now? It’s getting tiresome.

Let’s have some positive news into this ever increasing PM price Leon please?

[plat hunter] 26/2/2019 16:35

Aces.. You're really letting yourself down here mate.

Opinions are not based on facts.. Only facts are based on facts.. You can of course formulate your opinions derived from the information that you, yourself have interpenetrated.

That is very different than fact.

I'm disappointed aces.. I thought you would have more in the tank than this but it's looking like you've ran out steam

[choppernoel] 26/2/2019 16:31

"from Feb 2019" That could mean anytime. who's trying to deceive who by giving the timeline from Feb 2019. only an idiot would phrase the "timeframe" like that. what a fool

[bullster] 26/2/2019 16:20

.
.

PRILL

PLATINUM = 49%, @ $856 = $419.4
PALLADIUM = 40%, @ $1540 = $616
RHODIUM = 9%, @ $2540 = $228.6
GOLD = 2%, @ $1328 = $26.6


PGM BASKET PRICE PER OUNCE

12/12/2018 = $1,120
07/01/2019 = $1,155
11/01/2019 = $1,162
17/01/2019 = $1,171
18/01/2019 = $1,188
29/01/2019 = $1,164
31/01/2019 = $1,185
13/02/2019 = $1,184
16/02/2019 = $1,207
18/02/2019 = $1,217
19/02/2019 = $1,232
20/02/2019 = $1,246
22/02/2019 = $1,255
25/02/2019 = $1,274
26/02/2019 = $1,291
.
.

[aceshi] 26/2/2019 16:13

Not moronic at all. It is an opinion mostly based on facts. Production and ramp up of JLPs current projects has been consistently delayed, to a point that the company will most likely be unable to maximise on what looks set to happen with metals, at least in the near to medium term, that is. Their track record has been riddled with excuses, delays, poor due diligence and general under delivery. All signs indicate that this will remain JLPs legacy. A case in point, just in the last few days, we are hearing mixed messages, regarding Platcro. This is JLP, always going to happen tomorrow. They never seem able to timeously deliver consistent, full scale, production levels. Certainty not to date, and certainly not at all existing projects. Hence, for me, it looks highly likely, at least in the near to medium term, that they will fall short of maximising on the impending upswing. Not saying that the general market trend won't drag them along, to an extent. Only reason I'm still hanging around.

[toobs1] 26/2/2019 15:25

From the mining indaba presentations(on jubilee's website)

PlatCro Chrome and Platinum Operation
Processing agreement executed with Northam
Platinum to recover PGMs at their Eland Platinum
recovery circuit
Project targeting processing rate of 60 000 tonnes per
month. Project will commence processing material
from February 2019

[choppernoel] 26/2/2019 15:15

If Leon mentioned February 2019 processing pgms at northan, he should account for the change in date. Are u telling me that northan platinum just suddenly planned this move at the eland mine. This would have been planned well in advance. Someone in management has once again made a error.Wake up. Stop treating shareholders like they are worth nothing

[choppernoel] 26/2/2019 15:12

If Leon mentioned February 2019 processing pgms at northan, he should account for the change in date. Are u telling me that northan platinum just suddenly planned this move at the eland mine. This would have been planned well in advance. Someone in management has once again made a error. FFS wake up. Stop treating shareholders like C*ap

[choppernoel] 26/2/2019 15:04

The share price has been demolished for one reason. The price of platinum had nothing to do with that. Colin and Leon have fkd this companies share price up over the years. Simple as that.

[choppernoel] 26/2/2019 15:02

The share price has been demolished for one reason. The price of platinum had nothing to do with that. Colin and Leon have this companies share price up over the years. Simple as that.

[gsg] 26/2/2019 14:58

Another loon for the filter.

[toobs1] 26/2/2019 14:54

Leon Coetzer stated at the Cape Town mining indaba(7feb)that platcro wil start processing pgms in Feb 2019.Leon whats going on because Northam dont't agree with your time lines.Why has Northam removed you from their webcast presentation on Friday?

[plat hunter] 26/2/2019 14:46

JLP's share price was previously a lot bigger, purely because of Tjate and the high platinum prices..

Had you been invested here for 10 years like you say you had then you should really know that.

What a moronic comment. Try harder Aces, you're better than that

[aceshi] 26/2/2019 14:43

JLP, to a large extent, are going to miss the boat, on what looks set to be, the anticipated metals upswing.

[aceshi] 26/2/2019 14:38

I don't think "current projects" are the "quick fix or loss recovery, that some investors on this board" envisage them to be. Ramp up and production may well improve, over time but true profits and the SA political/economic landscape, will remain the elephants in the room.

[goingforarun] 26/2/2019 14:35

All very positive, however, we’re still declining!

[robers98] 26/2/2019 13:10

Nornickel expects bigger palladium supply deficit in 2019

Norilsk Nickel, the world's largest palladium producer, said on Tuesday tighter emissions regulations in all major markets and flattish primary supply would widen a palladium deficit in 2019.

Prices for palladium, chiefly used in emission-curbing auto catalysts, hit a record high in London on Tuesday as a threatened strike by South African mineworkers added to supply concerns in an already tight market.

Nornickel produces 40% of the world's palladium from its Russian assets. The company estimated that gross palladium demand reached a record high of 10.7-million troy ounces in 2018, mostly driven by consumption in the automotive industry amid flat gross supply.

"(The) spot palladium market practically dried out" in 2018, Nornickel said. The company said the supply tightness was partly eased by the release of stocks from palladium ETFs (exchange-traded funds), which fell below one-million ounces for the first time since 2009, and from Nornickel's Global Palladium Fund.

This fund buys the metal from existing stockpiles of other holders and then sells it to industrial consumers.

Nornickel said in 2019 the global palladium market deficit is forecast at 800 000 oz, compared with 600 000 oz in 2018, with consumption up by 500 000 oz to 11.2-million ounces due to strong demand from autocatalyst producers.

Nornickel, which competes with Brazil's Vale SA to be the world's biggest nickel producer, said the battery industry would increase consumption of this metal by 20 percent in 2019. Nickel is now mainly used as an ingredient to produce stainless steel.

"We believe that EV (electric vehicle) penetration growth will remain the key driver for high-grade nickel demand in the next 5-7 years," the company said.

[choppernoel] 26/2/2019 12:59

I wonder if Colin and Leon have finally worked out the cause for the shareholder destruction? You are both a disgrace. You have no idea of how to create wealth. You are both masters of running companies and investments into the ground.