Jubilee Metals Share Discussion Threads

[nelson01] 18/3/2019 11:40

Mdalos...it seems like you should stop wasting your time here and concentrate on your other investments....lol

[nelson01] 18/3/2019 11:38

Mdalos...what would you rather own red or Jlp....lol

[sleveen] 18/3/2019 10:52

mdalos117 Mar '19 - 16:05 - 25860 of 25882

No matter how THEY deliver THEIR message... it's all BULL$H!T unless some evidence of actual NET PROFITs surfaces.


------>You must've forgotten that when you invested in RED...down another 20% today.

[choppernoel] 18/3/2019 10:12

By the way Leon Q4 2018 has passed nearly 77 days ago. And you were going to give a jabwe report at the end of Q4 2018. You really are useless

[choppernoel] 18/3/2019 09:46

platinum is down. palladium is down.etc and SLP IS UP.

[choppernoel] 18/3/2019 09:44

platinum is down. palladium is down.etc and SLP IS UP.

[choppernoel] 18/3/2019 09:43

jubilee is a poorly run company. SLP is moving nicely. Leon and Colin should be ashamed of there shocking performance. As a shareholder in jubilee, I cannot believe how poorly these 2 have delivered over the years from Braemore. I would NEVER employ these 2 clowns

[fireball xl5] 18/3/2019 09:39

Leon is too busy talking to do that. When he has finished his chat with the fat boys he might say what the ...is happening. Knowns are prices.

[eblitz1] 18/3/2019 09:33

Hi Brucie
Yes I see that SLP are moving north, the difference unfortunately between the 2 Companies is :
No1: number of shares in issue

No2: well run focused Company

No3: proper planning moving forward

No4: delivers what is says it will do

The above 4 statements are undoubtable and this is what JM should start to do as they have a different plan if that's what you call it

[brucie5] 18/3/2019 09:27

SLP has been moving smartly upwards. Surely there must be some read-over soon, given the commonalities...?

[goldibucks] 18/3/2019 08:48

“No we are down on JSE that is a fact not just "according" to chopper” I don’t doubt Chopper’s ability to read a stock price. I do doubt his ability to report stock price movements on the JSE in a balanced way. He only tells us when it’s down. It’s going to move around because of GPB-Rand currency movements so many of the movements day to day will be spurious. The reality is the JLP share price has been stuck at 2.3p-2.4p for months now. It’s not worth reporting that a market maker has got off the bid or offer and due to the wide spread, the share price is up or down 5%.

[deme1] 18/3/2019 08:36

“JSE 6.37% DOWN.” We’re down so much on the JSE according to you

No we are down on JSE that is a fact not just "according" to chopper

[choppernoel] 18/3/2019 08:35

I see u also can't answer the question. Jam tomorrow

[goldibucks] 18/3/2019 08:35

“JSE 6.37% DOWN.” We’re down so much on the JSE according to you, I’m surprised the share price isn’t negative. Meanwhile, the 2.35p offer has vanished on the LSE. You’re pulling double shifts Chops. Something good must be about to happen...

[goldibucks] 18/3/2019 08:31

“we still have no idea why the share price is so low.” Interims are due in the next 10 trading days. If JLP can resist telling sharesholders Q1 will be a record quarter for earnings, I’ll be amazed. They may also confirm what I’ve been telling you re making a profit in the current full financial year. They’ll also have to update on Kabwe.

[choppernoel] 18/3/2019 08:27

JSE 6.37% DOWN.

[choppernoel] 18/3/2019 08:19

Leon, how the advanced talks going with the big boys? Is there a timeline on these talks? Don't you get embarrassed from all the jam tomorrow stories you tell shareholders? I can see why u only own 27400 shares.

[goldibucks] 18/3/2019 08:15

Added another 100k at 2.35p.

[goldibucks] 18/3/2019 08:14

Overhang about to be cleared?

[choppernoel] 18/3/2019 07:55

And....we still have no idea why the share price is so low.

[choppernoel] 18/3/2019 07:45

Getting ready for all the jam tomorrow stories from Leon and Colin. How much more jubilee is going to make tomorrow and how much more advanced the talks are with international companies and how jubilee is being recognised and how imminent the next deal is and... blah blah blah.

[goldibucks] 17/3/2019 19:24

“My first thoughts of Samancor are, is the share of Hernic profits on hold until Sam takes control of the mine.” Profit share, whatever that turns out to be, doesn’t kick in until £16m of project earnings based on Leon’s comments in the past. They were up to £8m by the end of Q4 18. They should be making £2.5m-£3m a quarter unshared until the end of Q3 19. Their profit share seems to have been impacted by Hernic not delivering enough tailings for JLP to process in the early quarters. I don’t think Hernic ownership would have any impact. I wondered whether JLP would do a deal with Samancor to buy out the profit share but haven’t been able to announce it until the deal completes, probably unlikely though. The risk of Hernic closing and profit share preventing JLP covering their running costs has been significantly reduced by the acquisition of PlatCro chrome and the likely timing of PlatCro PGM earnings kicking in. JLP will have recovered their £13m initial investment in Hernic by the end of Q2 19 so even if the sale doesn’t complete and Hernic shuts, it won’t be the end of JLP like it could have been had Hernic shut in September 2017 when it first went into business rescue. The uncertainty around Hernic closure and profit share was the main reason I sold out twice before. JLP investors and the company seemed less bothered than I was about it and that worried me. If Hernic did ever shut down, JLP might be able to carry on processing the existing tailings and when the current 3.2m tonnes plus 17k new tonnes per month is depleted they might be able to use their plant to process tailings from nearby mines. Overall, I’m more relaxed about Hernic than I was. It’s still possible that JLP have done a deal with Samancor to buy out the profit share, they got their $50m loan facility around the time they could have been negotiating a deal, you never know.