Jubilee Metals Share Discussion Threads

[goingforarun] 04/4/2019 18:13

Plat, no split personality here!

[lostabillion] 04/4/2019 17:57

Slowly but surely Pi’s are being replaced by institutional investors and multi millionaire money men.

If only they could see the very near and future potential.

I will keep adding all the while the share price is in single figures then I’ll sit back and watch my investment grow with the company.

[lostabillion] 04/4/2019 17:42

Bullster

BMN has a ROCE of 23%.

When JLP’s income streams start showing the recent activity in a few months and we get to the 41% you mentioned, wow just wow!

Happy days close by!!!!

PS
and that doesn’t even include Kabwe.

[plat hunter] 04/4/2019 17:39

Good spot Deme.

[plat hunter] 04/4/2019 17:38

"Bhargava is an alumnus of the Indian Institute of Management Calcutta, and also holds a Bachelor's Degree in Technology in electrical engineering from IIT Delhi. Prior to joining PartyGaming, Bhargava was a credit officer at Bank of America, responsible for managing credit exposure and revenue for corporate clients, and a business analyst in the business development division of British Gas."

[deme1] 04/4/2019 17:38

He is also the non-executive director of Riverfort Global Capital.

[plat hunter] 04/4/2019 17:37

I think the point has been proved with Krypton now, probably best if he's just ignored. Let him re-invent himself as JLP super bull with another user name.

My monies on Going for a run

[alpal2] 04/4/2019 17:36

GSG; Thanks for the info on Vikrant Bhargava. He doesn't sound to me like someone who is in for a 10% profit. And not that easy to sell 160-million shares.
My guess [remind me in 2 years time] is that he believes this could be 20p by that time.

[lostabillion] 04/4/2019 17:35

Thanks very much for that Bullster, much appreciated :-)))

[plat hunter] 04/4/2019 17:35

"All in on JLP"

[nelson01] 04/4/2019 17:17

Is the bmr kebab shop open yet?

[kryptonsnake] 04/4/2019 17:12

Can we keep the chat to Jubilee only please

Any personal comments are still welcome

LOLsss

[bullster] 04/4/2019 17:07

.
.

lostabillion,

I have worked out the ROCE from Jubilee's full year results end June 2018.

The low percentage is due to us having little earnings at this early stage.


Total Assets: £69,436,744
Total Liabilities: £10,634,016
Capital Employed: £58,802,728

EBIT: £5,467,185
Capital Employed: £58,802,728

( Return on Capital Employed ) ROCE 9.3%


(edit) Had Platcro pgm and chrome been up and running for the year at current earnings levels the ROCE would be nearer 41%.

.
.

[kryptonsnake] 04/4/2019 17:06

Sounds like a real gambling man. Probably sell out if it ever gets back to 3p

[plat hunter] 04/4/2019 17:00

Welcome aboard Vikrant

[goingforarun] 04/4/2019 16:56

It is more a comment than question. Previously all the risk for Kabwe was on how the refinery is created. The purchase reduces the cost and makes production in 8 months or so more certain? Still not convinced on 10 bagger but even a single would be good as JLP has been in the doldrums for years!

[deme1] 04/4/2019 16:50

another TR1

he could possibly sell into a rise though

[gsg] 04/4/2019 16:48

TR1

167,084,376 shares

9.01%


From Forbes

Vikrant Bhargava
Age: 47
Net Worth: $ 870 million
Hometown: NA
Former credit officer owns 8.6% of Gibraltar-based Internet casino outfit PartyGaming, which went public in London. Earned degree in electrical engineering from Indian Institute of Technology in Delhi. Joined gaming group in 2000 as marketing head and helped create early buzz by staging online poker tournament with a $1 million prize.

[fozdad] 04/4/2019 15:55

Goingforarun, do you want to re-phrase your second sentence? It doesn’t make any sense!

[adejuk] 04/4/2019 15:51

ffs let's have a real retrace instead of this lull
or take the brakes off

[plat hunter] 04/4/2019 15:50

900 on the ask now for Plat'

[plat hunter] 04/4/2019 15:48

So 2.75 is the new 2.40 then

[goingforarun] 04/4/2019 15:47

Losta, if this 10 bags great...time for retirement! Albeit execution risk at Kabwe at great value must be reduced to the the Sable purchase?

[fozdad] 04/4/2019 15:39

Did anyone who attended the Investor Show validate the 85/15% split that Shard suggested?

IMO JLP will be looking to introduce FC at Hernic pretty soon. We currently receive nothing for the chrome, so there will be some negotiation to be done, maybe the 85/15 split (if true) will form part of the negotiations