Jubilee Metals Share Discussion Threads

[1madmarky] 15/4/2019 08:04

Have they not got copper there as well?

[bullster] 15/4/2019 07:48

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You have to incinerate sulphur to obtain sulphuric acid.

Where does the sulphur come from ?

Answer, the sulphides contained in the tailings, which was the source rock that contained the metal elements, mainly self combustible when blasted with oxygen.

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[goingforarun] 15/4/2019 07:43

More cash in on day 1, keeping those earnings rising!

[deme1] 15/4/2019 07:42

Do some research plat ;)

[gsg] 15/4/2019 07:40

It is. Sable was bought with acid production as a going concern.

[deme1] 15/4/2019 07:32

I thought it was already producing acid?

[gsg] 14/4/2019 23:25

From Deme's video link of Leon at the Investor Show.

"the last massive project in Zambia fully funded to come on stream in August of this year"

Is this timescale for Kabwe coming on stream, ahead of schedule?

I was under the impression that Kabwe production would kick off later on in the year.

[1madmarky] 14/4/2019 22:17

Yep- Leon (assuming he does as he says at kabwe) will be able to demonstrate to the industry at large, the Zambian government and anyone else who has an interest in cleaning up the kabwe area. This is how to do it!
The impact of Kabwe should be massive for the company, just gotta pull it off.

[dgduncan] 14/4/2019 19:19

Just while you are checking this page - are you against the practice of shorting your shares by shorters selling them while not actually owning them ?. Share price should be based on supply and demand. If you agree, please sign the petition :

[choppernoel] 14/4/2019 17:47

Onward and upward. Big money coming in 2019. maybe kryptonsnake should buy some jubilee shares. the big bucks you will make from this purchase of jubilee shares will guarantee that you won't have to su*k anymore roosters at the caravan park or bend down and take one up your dark end.

[goingforarun] 14/4/2019 16:46

If there is a small shortfall in funding it can be covered by current cash flow. Ultimately when JLP start the process of cleaning up Kabwe there will be massive press due to the environmental benefit. It will open a number of doors to other projects!

[kryptonsnake] 14/4/2019 14:25

Platts filters me then ALBTM starts sniping me again. Can anyone see a connection? LOLsss

Leon forgot to tell you the environmental costs associated with the project. Best to wait until Kabwe becomes a producer before Leon claims it's fully funded. I see a shortfall in funds

[kryptonsnake] 14/4/2019 14:21

Eblitz has plenty of capital to throw around

LOLsss

[nelson01] 14/4/2019 14:05

Just like the numpty that supposedly opened a short a couple of weeks ago just before
The 40% rise....lol...he disappeared rather quickly....lol

[alittlebirdtoldme] 14/4/2019 13:44

you've omitted quite an awful lot from your calculations, can you honestly not think of anything else?

What about the Acid off take agreement whilst the plant is being refurbished, what about the cash flow from processing metals from Kabwe as aspects of the build come on line and are ramped up over the two year period?

what about the ratio of positive cash flow directed to ongoing operataional capex

Your calc's are merely 2 million short and fail to incorporate any of the above. JLP was making 4 million a quarter in the bank on the last check and to be revised upwards from next week.

You're miles out here.

[plat hunter] 14/4/2019 13:37

Aye..Krypton got Krapped on. He lost his marbles when he lost his money.He Invested in a company that had capex requirements equal to 9 times mcap.Even if Borelli had pulled it off, that kind of dilution would have been worse value than the Royalty share.Wasn't a bad shout by Borelli, if you look at it like that.

[kryptonsnake] 14/4/2019 13:36

nelson,

Here's your facts and figures. Stick em in your rooster hole

LOLsss

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kryptonsnake - 23 Mar 2019 - 09:21:04 - 26126 of 26500 THE REAL NEW DAWN FOR THIS RISING STAR - JLP

it says the Kabwe project will cost £18.32 million to reach first metal production

They raised £11.07 million before expenses with the placing and £6.11 million through a convertible loan note

After fees from the placing they would have about £10 million so £16.11 million total for the project

It means they are already over £2 million short on the overall project spend and this will only get worse if costs spiral out of control

Leon just sold you another Lemon

LOLsss

[alittlebirdtoldme] 14/4/2019 11:16

Why isn't it fully funded Krypton?

[kryptonsnake] 14/4/2019 11:06

KABWE FULLY FUNDED LOLsss

Leon the liar