Jubilee Metals Share Discussion Threads

[plat hunter] 27/2/2019 18:40

Maybe yes.. Clueless victim of BMR, also maybe

[plat hunter] 27/2/2019 18:38

If Leons steps up to the podium at the UK Investor shows and opens with...

" Just this week, we have finalised partnership agreements with Glencore & Northam..."

[timhigginson] 27/2/2019 16:20

The JM share price is suffering from the issue of too many shares into a market not yet ready to attract new buyers. This period of indigestion can only end when all loose holders get shaken out.However if the board issues a lot more shares then the share share price will continue to stagnate.This underscores the problem with Kabwe: whilst there are huge benefits if the share cap rises proportionately then the share price will not rise. I think we are all holding our breaths that we can wriggle our way forward on Kabwe so as to avoid a rights issue for at least two years. So far that is looking hopeful as the anticipated initial production targets seem to keep moving out. Initially production and positive cash flow was to start in Oct 2018 not it has moved out about 1 year. Although a strategy involving low capex has been outlined in order for Kabwe to be substantially developed, no doubt as would be wished for by the Z govt,a lot of capital is required and we do not yet know how this capital will be provided.
Did Andrew Sarosi resign over the BMR involvement?

[nelson01] 27/2/2019 16:13

I think he is trouser snake

[plat hunter] 27/2/2019 16:08

Toobs is drunk.. He has to be lol

[plat hunter] 27/2/2019 16:08

Toobs is drunk.. He has to be lol

[goldibucks] 27/2/2019 15:44

“shareholders need to know” BMR shareholders need to know. JLP shareholders don’t give a sh&t. We’ve got 87.5% of Kabwe, job done. If Colin was found guilty of mass murder, we’d fire him as a Director of JLP and carry on with Kabwe. Alex Borelli made the payments to Blue Square and handed over Kabwe to JLP. Take your beef up with him.

[toobs1] 27/2/2019 15:31

Collin Bird its time you come clean,is there an investigation of possible fraud between Alex Borelli(bmr),pastor Michael Lamaswala(blue square) and yourself(bmr and jlp).Is this why Kabwe is being delayed,shareholders need to know.

[goldibucks] 27/2/2019 15:18

“What ever gives people the idea that Anglos would use Jubilee” Leon was Head of Process Control & Instrumentation at Anglo Platinum.

[choppernoel] 27/2/2019 15:12

People posting articles regarding Anglos new business strategy. What ever gives people the idea that Anglos would use Jubilee? Leons negotiating skills are non existent. Give it a break. Anglos deal with competent leaders and professional companies

[bullster] 27/2/2019 13:56

.
.

I can come up with a few buying and selling stats covering the period 02/09/18 to 04/02/19, as reported by The Financial Times.

buys:
Jarvis Investment Management Ltd. ??????/?
Banque Cantonale de Genève (Private Banking) 3,000,000
HSBC Global Asset Management (UK) Ltd. 1,860,000
Alliance Trust Savings Ltd. (Private Banking) 1,090,000
Hargreaves Lansdown Stockbrokers Ltd. 639,000

sells:
HSBC Bank Plc (Market-Maker) 1,020,000
Crèdit Agricole Corporate & Investment Bank SA 650,000 out completely
Hargreaves Lansdown Asset Management Ltd. 593,000
Winterflood Securities Ltd. (Market-Maker) 257,000 out completely
Brooks Macdonald Asset Management Ltd. 231,000 out completely

edit...
Jarvis had bought 7,000,000 over a two year longer period but had been topping up in the five month period, highlighted, they now held 53,190,000 shares.

The two of the three instis, probably, may have dumped their meagre holdings completely, during a beginning of year spring clean of their portfolio.

The larger buying instis look like they have been picking up the bargains, dropped by deluded p.i.'s at bargain prices.

.
.

[gsg] 27/2/2019 13:34

Hoping you are right nelson. I'm not so confident. Many varying reports regarding inventory and consumption. The most detailed is the JM Feb report which is quite sobering.

[nelson01] 27/2/2019 13:29

GSG It will...from here it’s nailed on 1,000 and all the way back to all time highs.

[gsg] 27/2/2019 13:23

Platinum is at the level it reached last November before being knocked back. Hoping it can sustain itself above $870 before pushing on.

[alwaysevolving] 27/2/2019 13:18

The Bull, Agreed.

[the bull] 27/2/2019 13:12

It is going to be a long old wait till April to hear any more news on figures. However, maybe we will hear news on some other tailings agreement with a major, or another institutional investor buying in. It is very frustrating seeing the price languish like this

[robers98] 27/2/2019 12:44

Glencore auditing 140 slimes dams

Diversified mining and marketing company Glencore is auditing 140 slimes dams, 65 of them active and 75 of them closed.

The company has been undertaking detailed assessments and audits of all material tailings storage facilities (TSFs) over the past three years, after accumulating a TSF significant asset footprint through mergers and acquisitions and organic growth.

Glencore CEO Ivan Glasenberg made these revelations at a media briefing on Wednesday against the background of last month’s tragic loss of 170 people at Vale’s Córrego do Feijão iron-ore mine in Brazil, which has prompted renewed industry action to ensure that TSFs are not vulnerable to collapse.

“This is an issue for the mining industry and we support a TSF classification system and requirements for external review, with transparent disclosure to stakeholders and communities,” he told Mining Weekly Online

[marmar80] 27/2/2019 10:02

Good article Goldi. Thanks.

[goldibucks] 27/2/2019 09:58

Palladium supply deficit will see vaulted stocks exhausted in as little as 2 years...

[choppernoel] 27/2/2019 09:16

If you honestly think that Leon and company can pull off any deal with any big boys, then you're a fool. These guys don't seem to have the brains or ability to pull anything off. The only ability they have is how to successfully fleece investors with jam tomorrow stories. But, tomorrow never comes

[mikebolle1] 27/2/2019 08:09

Goldibucks, you quoted me wrong. Let me assist you: "no news from JLP"..."means bad news". Its not my intention to say jlp is bad news...please. I am merely summarising what I see on this threat. I'm one for not too much info. I also agree with your statement: "We now have earning with more being added currently..." And this is my point, we don't need a weekly, monthly update (like in the past). Thus I'm saying: no news does NOT mean bad news, like some suggest here.
My last point; I am a CFD day trader. I'm entering positions on the Wall Street 30 Index, not individual companies, and most definitely not jlp...that would be crazy.

[goldibucks] 27/2/2019 07:50

“no reported profit for jubilee” The angle is to spot when a loss is going to turn into a profit. That’s one of the best paid gigs in investing.

[goldibucks] 27/2/2019 07:48

“Why did jubilee not report the delay to shareholders in this RNS?” Maybe they don’t think a 3 month delay in the further refining of PGMs at Eland as opposed to the preprocessing at PlatCro is worthy of an RNS announcement. As I explained to you if you used DCF to value JLP a 3 month delay on part of the total processing on one project would hardly register. Also, we are assuming a 3m delay. I’ve noted that they are now referring to PGM AND chrome refining at Eland following the PlatCro chrome deal. Northam said PlatCro chrome refining will start in March, i.e. AFTER February as previously noted by JLP. Northam also didn’t refer to the refurbishment being behind schedule in their announcement and you’d think they’d know. Even if there was a slight delay, it’s a delay in a third party refurbishing their plant, it’s not JLP’s fault.