Jubilee Metals Share Discussion Threads

[sleveen] 05/3/2019 18:19

Can't be far off.

[choppernoel] 05/3/2019 16:56

I'm hoping unaudited financials are released this week. BUT, Leon is in no hurry. Leon is over 2 months late for Q4 2018 kabwe news. EXPECT these financials to be late. Something feels like it's gone horribly wrong. I hope for my sake (as a shareholder) and Leons future that is not the case. If news is released and cans are kicked further down the road again, Leon should be given the boot like BHP gave jubilee the boot

[undertaker] 05/3/2019 16:27

so last years Interims (un-audited to 31-Dec) were released on 07Mar18.

Are we likely to see anything this week?

[plat hunter] 05/3/2019 14:36

You're an odd person Chopper

[choppernoel] 05/3/2019 14:10

Plat Hunters mom is the veal meal at the caravan park.

[choppernoel] 05/3/2019 14:03

Plat Hunters mom cannot take a break. She's a big "hit" at the caravan park.

[mikebolle1] 05/3/2019 13:29

Holdings in platinum-backed ETFs have surged by 15 per cent this year as investors bet that carmakers will start to use the metal in petrol car catalysts due to the short supply of mainstay palladium.

[deme1] 05/3/2019 13:09

if it's about their royalty then they best not be banking on it! More chance of plats mom taking a brake than Kabwe producing at the moe

[fireplace22] 05/3/2019 13:09

The words listed partners used in the BMR tweet, wouldn't have thought that BMR were JLP's partner; BMR is just a receiver of a royalty payment when and if?

[bullster] 05/3/2019 13:01

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BMR want to split their royalty payment for Kabwe into a seperate company and also acquire a further three year Star Zinc license extension.BMR will comment further once either or JLP and Galileo updates the market.

edit.... partners to active agreements..

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[toobs1] 05/3/2019 12:38

At last,news on its way

[whyatt earp] 05/3/2019 12:34

BMR active on twitter today - something brewing - "BMR is progressing well and we await our listed partners to update first for obvious reasons of regulatory compliance..."

[petebarnes1] 05/3/2019 10:23

choppernoel very good post mate

[undertaker] 05/3/2019 10:16

toobs1 on watch

[bullster] 05/3/2019 09:45

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Within the last month the JLP facility at Hernic has appeared on Google earth and is consistent with the flyover video put out by the company.Flash Earth have yet to update.

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[bullster] 05/3/2019 09:30

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From the company website: Indaba 2019

HERNIC
One of the world’s largest platinum processing facility of chrome tailings with 55 000 tonnes per month processing capacity able to produce 33 000 PGM ounces per annum

3.3 million tonnes of platinum rich material at surface growing at 17 000 tonnes per month

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My observations:-

Able to produce 33,000 pgm ounces per annum.

2,750 pgm ounces per month
8,250 pgm ounces per quarter

I think the 3.3 million tonnes of platinum rich material at surface was the amount at the beginning of the project.
If we use the 17,000 tonnes production direct, as it's produced, from the mine, we only need to use 38,000 tonnes of the 55,000 tonnes from the 3.3 million tonne dump.
So the life of the dump will be 3,300,000 divided by 38,000 tonnes per month = 87 months or 7.25 years plus time gained when running below capacity .Less the time the project has been running.

When the 3.3 million tonne dump has been used up the project will be surviving on the 17,000 tonnes per month from the mine which is a 38,000 tonne per month shortfall of the plants 55,000 tonne capacity
38,000 tonnes will need to come from our Platcro production plus any other supply we can acquire.

At 33,000 pgm ounces and current profit levels this could produce around £14.5M profit per annum at 100% to JLP.

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[plat hunter] 05/3/2019 09:24

Being a bull or bear doesn't even come in to it. Just posting the same thing several times a day, day in day out is exactly what trolls do.

Many have humoured and countered with rational view points and facts but they're just ignored and the same cut and paste messages just keep getting posted.

It is not constructive behaviour to anyone, not even genuine participants who are negative of JLP.

Being polite is not necessarily the epitome of good behavior.

[toobs1] 05/3/2019 08:42

Maximum order size with my broker today is 22,2 million shares( 2 years ago it was 350k) Does this mean there is a massive oversupply of shares available?

[toobs1] 05/3/2019 08:35

Petebarnes I hope you read this excellent comment by AcesHi

[aceshi] 05/3/2019 08:22

Why keep asking to ban one side of the discussion. Simple, ban posters who get personal and derogatory. Filter the rest if you don't appreciate their contribution. Try Goldi's approach, to engage and support the alternative view, with some intelligent debate and without personal attacks. Some of us want to hear both sides of the JLP story. There is no denying they do both exist and are therefore of equal relevance to investors. Otherwise this is a sure thing, which by this time, would more than likely be reflected in the share price Also, the posters supplying thumb suck financial scenarios and speculative production figures, are equally as repetitive, in their message, as the likes of Chopper. Perhaps posters are repetitive as they wish to present their opinion, to any new sign ups.

[deme1] 05/3/2019 08:18

Concluded my talks with the big boy, i now pay £168 less a year on my energy bills.

[toobs1] 05/3/2019 08:04

GSG can't handle a different opinion to his,are you scared your dreams of riches will be shattered by the truth? Kabwe is very very late,does it not bother you that a PASTOR got 800k$ for getting you a license back? In the UK authorities don,t take kind to dodgy business.

[aceshi] 05/3/2019 07:50

Or perhaps 20 years?