Jubilee Metals Share Discussion Threads

[petebarnes1] 08/5/2019 10:18

morning all

[bullster] 08/5/2019 10:17

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Billthebank,

I put it on barnes's thread first by mistake, then deleted it.

But yes, everyone has permission to post anything of mine, claim anything as your own, i don't mind.

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[billthebank] 08/5/2019 10:03

Exactly bolster so what's not to like.The quarterlies mean very little!at present.Now an update that is another matter and it would not surprise me if we get one and a surprise too that the market isn't expecting? We will see.Can I share your post on LSE?

[choppernoel] 08/5/2019 09:48

"So add your own figure in".Another one who loves spending time up Leons naught. How can any company be late releasing figures/numbers. That is truly shocking. I hope u are not late because your verbal diarrhoea numbers don't tie up with the actual numbers.

[bullster] 08/5/2019 09:44

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Why did Leon put out the quarterly Q1 update out , early ?

The missing March leaves little to the imagination, so add your own figure in !

When is the Q2 quarterly figure due, 7 months into the year, when Q1 March will be backfilled.

What went on in the meantime:-

Canaccord Genuity builds a near 6% stake.
Vikrant Bhargava builds a 9% stake.
Funding for Kabwe/Sable sorted.
Offtake talks with Galileo begin.

March didn't have ides, neither did it have madness.

This was all planned.




Q1 QUARTERLY UPDATE RNS.

Jubilee Metals Group PLC General Operations and Projects Update

RNS Number : 4935T

Jubilee Metals Group PLC

20 March 2019

Jubilee Metals Group PLC

Registration number (4459850)

AltX share code: JBL

AIM share code: JLP

ISIN: GB0031852162

("Jubilee" or "the Company")

Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR).

General Operations and Projects Update

Highlights

-- Company continues to grow
-- PlatCro Chrome operation acquired in January 2019 already contributing to group earnings ahead of schedule of GBP0.9 million (ZAR16.06 million) combined for January and February 2019

-- The PlatCro PGM project accelerates deliveries of PGM containing material to Northam's Eland platinum concentrator, scheduled to commence PGM recovery and refining during May 2019

-- Jubilee completes commissioning and bringing into operation of industry first DCM fine chrome plant delivering saleable chrome concentrate to the market

-- The Hernic project continues to deliver strong earnings combined for January and February 2019 of GBP1.10 million (ZAR19.69 million)

1= * 6 Element Platinum Group Metals

Leon Coetzer, Chief Executive Officer, says:

"The period has been remarkable both operationally and financially for Jubilee leading to a solid South African platform which precedes our targeted growth into base metals in Zambia.

Jubilee has continued to demonstrate its ability to deliver projects on-time and in budget. The quarter to date has delivered major growth in both our South African chrome and PGM operations. I am particularly pleased with the team's performance at PlatCro Chrome delivering positive earnings ahead of schedule of GBP0.90 million during the months of January and February 2019.

The progress is testimony to the operational excellence and tenacity of the Jubilee team.

We continue to consolidate our projects to further advance earnings and fast track our expansion plans both within and outside of South Africa."

PlatCro chrome and PGM project

Jubilee completed the acquisition of its PlatCro chrome project in January 2019 and delivers positive earnings ahead of projections for January and February of GBP0.90 million (ZAR16.06 million).

The PlatCro PGM project accelerated deliveries of the PGM containing material to Northam's Eland platinum concentrator, scheduled to commence PGM recovery and refining during May 2019. The project targets to process up to 60 000 tonnes per month of PGM material equating to a production potential of 30 000 PGM ounces per annum which equals the current Hernic PGM operation.

DCM fine chrome project

The DCM fine chrome plant was brought into production during January 2019 and ramped up to reach commercial production levels during March 2019. The project is the first of its kind in the industry targeting the recovery of the super fine chrome component currently lost to tails by the chrome industry. The DCM plant holds a capacity to process up to 25 000 tonnes per month of chrome containing tailings material. Jubilee will target to roll-out this process to its other operations.

Hernic project

The Hernic operation continued to deliver strong earnings despite a delayed start-up following the December break and the challenges posed by increased power outages from the South African power grid. The Company expects production to return to previous levels from March 2019. Hernic delivered operational earnings of GBP1.10 million for January and February 2019. The Company expects to further grow the earnings potential as its targets to increase delivery of feed material to the operation.

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[choppernoel] 08/5/2019 08:45

Leon why is Q1 2019 LATE. What F up has been made with the numbers. Maybe accountant number 2 will be fired from jubilee. Remember when accountant number 1 was " released" from jubilee. All u are doing is building more mistrust with the market.

[kennyp52] 08/5/2019 08:12

Thanks guys . I have researched mainly the financials and history of the business and am very comfortable . All your comments just add more to the confidence and let’s hope we all see a nice profit from this apparently improving company. Seems a lot of blind investors out there though 😄

[billthebank] 08/5/2019 08:05

Even a blind man can see this is a company that at long last is turning. Like an oil tanker it takes time to change direction but once it does there will be no stopping it. All the LTHs here know this and whilst it is frustrating that the q1 quarterlies are not yet available it is no big deal in the grand scheme of things.It isnt often that I look at a share and short term medium term and long term the signs are so positive We just need to relax and let it happen. We ill do well here maybe not today and maybe not tomorrow but soon!!! Well soon enough

[goingforarun] 08/5/2019 07:56

The daft thing is that they say they want the numbers to do the talking...in that case you need some!

[plat hunter] 08/5/2019 07:37

Kenny....I agree with Bill.. The outstanding Q's won't be all that.. if anything, only slightly up on the previous Q.Peeps frustrations here is that JLP have never ever gotten their heads around shareholder communications and managing expectations.

[frogkid] 08/5/2019 07:25

Hearing that quarterlies have too many numbers for the page

[sleveen] 08/5/2019 07:18

He's not the Messiah, he's a very naughty boy.

Where are the Q1 figures?

[billthebank] 08/5/2019 07:09

Kenny I think you need to do some more research!! Leon is not a messiah,far from it, but if you need some convincing read the comprehensive Shard research note. Your decision to buy in at this,in Leons words, a company inflection point IMO you have timed it very well indeed.The quarterlies awaited will not be the golden egg but by this time next year many will be saying oh why oh why did I sell half my holding at 6p!!!! The portents are good here. As I say if you need 're assurance read the research note and be patient.Having said that if you are a 40 minuter you could have put £50 on Liverpool last night. Isnt hindsight a wonderful thing?

[undertaker] 08/5/2019 05:44

PlatH, thanks for the explanation of the SIPP/SSAS.
Something I will also need to investigate if JLP get over 20p!

[1madmarky] 07/5/2019 21:53

Ken- having chatted to Leon on a few occasions now, he seems to be on the level. Of course, that could just be for show.... who knows.
On the processing of tailings, hernic and PlatCro chrome are doing pretty well. So PlatCro plat should also go pretty well. The jury is still out on the fine stuff. So yeah need numbers(proof) in order to progress. Assuming this is forthcoming... should be a good ride.

[plat hunter] 07/5/2019 20:54

JLP: YTD +25.17%
WRES: YTD -13.73%

What a tool

[kennyp52] 07/5/2019 20:54

1MadMarky .. couple of the posters will know what I’m going to say from other boards ... the fundamentals appear to be coming together if the figures released and report given are to be believed .. moving into profit and positive cash flow with acquisitions adding. Could be adding some real tangible value and maybe a dividend in the not too distant future . Thus my buy in . This Leon geezer seems some kind of messiah to some on here .. my initial impression is a lot of bluster that needs backing up by hard cash and results . Then the share price might steadily improve ?

[kryptonsnake] 07/5/2019 20:23

That beeping is your mum reversing into some guy at the caravan park LOLsss

I thought Jubilee was going to two bag today with all the ramping on here over the weekend. Give it a week and you'll be back to hating on Leon again

Might keep falling until news comes


LOLsss

[kryptonsnake] 07/5/2019 20:17

I might slam a short on. I'll wait for news first

Possibly see a small rise before the fall

buy the rumour, sell the news


LOLsss

[plat hunter] 07/5/2019 20:13

Get on board wolf, I'll take your money here.

[wolf_in_the_bath] 07/5/2019 19:58

SHORTING THE FVCK OUT OF THIS PISH ! Sub 3p in sights over coming days ! FVCK YOU MINORMINOR ;-)

[plat hunter] 07/5/2019 19:53

Can anyone here that beeping??

I think the lorry with with all that jam might be here.

[gsg] 07/5/2019 19:33

BHP faces $5bn lawsuit in UK over 2015 Brazil dam disaster

[deme1] 07/5/2019 17:22

It was at 8.15am when the share price perked up, before the drop.
More chance of it being a buy. II's are gonna be loading up, so lets get rid of the 10% chancers and make way for the 10 bag hunters ;)