Jubilee Metals Share Discussion Threads

[bullster] 02/3/2019 08:07

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PRILL

PLATINUM = 49%, @ $857 = $419.9
PALLADIUM = 40%, @ $1525 = $610.0
RHODIUM = 9%, @ $2620 = $235.8
GOLD = 2%, @ $1292 = $25.8


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
02/03/2019 = $1,292 (Rhodium rise covered others consolidation)
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[frogkid] 02/3/2019 06:56

I agree shares

[aceshi] 02/3/2019 06:17

Cpt BAll you have achieved is to filter anyone with anything negative to say about JLP. You are now exposed to a biased point of view. Kinda like out of sound, out of mind. Sure, you may well hear what you are hoping for, from this united voice of dreamers. However, they are mostly all sorry souls, trying desperately to ramp themselves out of various levels of loss. Hope this works for you. However, I would have to assume that you will remain somewhat confused, as to the share price track record, considering all the positivity posted, regarding JBL's future. Here's a thought that may give you some insight, long time holders refer to JLP as the "jam tomorrow" company.

[aceshi] 02/3/2019 05:47

And when did he apply for the DCM licence? Sure, dealing with African mining departments must be a trying exercise. But why repeatedly talk these projects up, before the basics are in place. We all know why this is, to rope in investors. Problem is, eventually you run out of suckers and are forced to deliver, in order for the company, to progress. Wonder where JLP is along this road?

[sharenotes] 01/3/2019 22:10

With reference to PMs, I expect gold to fall so that the Banks can fill their respective boots in March. Expect the switcheroo to take place thereafter, i.e. gold will rise so as to boost bank balance sheets (gold is soon to be reclassified as a tier-1 asset). Palladium is largely decoupled from gold, but it will be interesting to see what platinum does. Notwithstanding, I think the rigging will work in JLP’s favour in the medium term. It will be intriguing to know how much physical the banks can actually acquire.

[nelson01] 01/3/2019 21:13

How is it Leon’s fault that they haven’t got a licence to process pgms, he applied for it and has to wait.what can he do, I suppose you want him to bung someone in the mining ministry. Then if he was found guilty of bribery you would slag him of for that......basically he can’t win.

[alittlebirdtoldme] 01/3/2019 19:10

Undie,

Can we ban Flugelhorn please?

[deme1] 01/3/2019 18:34

"And what about the 30 million usd worth of pgms sitting in storage at DCM"

Now that is a good question Nelson!

We were told by our BOD that we would process the tailings at DCM and sell the platinum!
Leon is lucky they got to renegotiate the deal or we would have been screwed.
thing is we do not have the license to process the Plat at DCM and our BOD would rather issue shares for expansion (and to pay for storage of said plat) than sell the concentrate in its current form!

[deme1] 01/3/2019 18:31

"Lota...you are absolutely correct....what these idiots can’t seem to grasp is since
Last August the price of palladium has doubled and Jlp are producing about 30% more of it than they did back then so it is the perfect storm for Jlp"


and what has happened to the share price and shareholder value?
maybe everyone else are the idiots and a handful of PI's (nelson included) here are geniuses?

surely they know what the rest of the market does not ;)

[deme1] 01/3/2019 18:31

"Lota...you are absolutely correct....what these idiots can’t seem to grasp is since
Last August the price of palladium has doubled and Jlp are producing about 30% more of it than they did back then so it is the perfect storm for Jlp"


and what has happened to the share price and shareholder value?
maybe everyone else are the idiots and a handful of PI's (nelson included) here are geniuses?

surely they know what the rest of the market does not ;)

[nelson01] 01/3/2019 18:09

And what about the 30 million usd worth of pgms sitting in storage at DCM

[nelson01] 01/3/2019 18:03

Let’s just wait for the first quarter results and compare them to last years and we
Will see who is correct.

[nelson01] 01/3/2019 17:59

Lota...you are absolutely correct....what these idiots can’t seem to grasp is since
Last August the price of palladium has doubled and Jlp are producing about 30% more of it than they did back then so it is the perfect storm for Jlp.

[flugelhorn] 01/3/2019 17:49

I tried that Cpt, it wasn't interested.

[1madmarky] 01/3/2019 17:29

Robers- I'm a little surprised, I'm less bullish on PGMs. But hey not gonna complain. Would suggest that Tjate might actually be worth something.... na too far 😁
Have a good weekend

[cptborelli] 01/3/2019 16:37

Flugelhorn,

Please behave like an adult and be respectful of others.

This is not the place for you to act out your grievances with other people.

[cptborelli] 01/3/2019 16:32

I've only had an account for a few days and already filtered

Aces
Krytpon
Choppernoel
Toobs1
Deme1
Mdalos

And all from one board, some nutters here

[plat hunter] 01/3/2019 16:16

Ooh look there's someone else who's stalking me after loosing money too. You should corroborate and start a fan club

[plat hunter] 01/3/2019 16:14

Aces,

You're incredulously irrational; you need to let go and move on for your own benefit.

Nelsons account predates mine, yet I'm a premium account subscriber.

[aceshi] 01/3/2019 16:12

FlugHe does it here as well

[robers98] 01/3/2019 16:07

Implats plans to build palladium mine in 2021 on bullish outlook

Impala Platinum (Implats) plans to start building a new palladium mine that could begin producing as soon as 2024 as the company’s outlook for metals turns bullish.

Implats, as the second-biggest platinum miner is known, plans to start work on the Waterberg project in South Africa in 2021, CEO Nico Muller said. The producer is also considering boosting output at its jointly held Mimosa mine in Zimbabwe by 30% as it bets on a long-term shift in platinum-group metals prices, Muller said.

A surge in palladium prices and a weaker rand is dispelling the gloom that gripped South African miners just a year ago. The metal used in pollution-control devices for car engines is forecast to remain in deficit for an eighth straight year in 2019, and Implats isn’t the only company seeking new sources of supply. The world’s top platinum supplier, Anglo American Platinum, is studying plans to ramp up palladium output through the expansion of its flagship Mogalakwena mine.

“I believe the change in PGMs is structural and not cyclical, so we are fully confident that the buoyant market we see today is going to prevail for the next ten years,” Muller told reporters in Johannesburg after announcing earnings Thursday. “When you contemplate a project like this, you have to have a long-range view, and we have a very bullish position at the moment.”