Jubilee Metals Share Discussion Threads

[danieldanrichardson] 16/5/2019 05:43

Totally agree sharenotes on the appearance of Dmitri. Forget your RSI etc. He's the most reliable indicator I'm yet to find.

[sharenotes] 15/5/2019 23:17

kryptonsnake,

It is ‘Dmitri’ not ‘Dimitri.̵7; Whilst you cogitate on that (possibly a Freudian slip?) you may also want to ruminate on whether ‘devourer̵7; is superfluous in your most recent post?

[sharenotes] 15/5/2019 22:19

Dmitri

Society will see you as an intelligent person. You think so too, no doubt. You have quite an ego, but ego is predicated upon a narrative, so your story must be a ‘blockbuster.’ Notwithstanding, you use a gimmick that is well known in marketing and PR circles. You start with something that can be verified and then link it to your own hyperbole. Some may appreciate the veracity of your intro and therefore assume the hyperbole is also valid. I personally have to thank you for your appearance on these boards – I have used it as a trigger to buy. The more diligent will note that you tend to be more verbose when the share price is in a downtrend. That makes sense. I sold a chunk of JLP in the recent upswing, having bought in the low twos. Thanks again. If Augustusgloop were to reappear then, combined with your unique insight, there is no stronger buy signal. I get concerned by your absence and take great comfort that you deem it worthy to spread your 'wisdom' once again. Have a good evening.

[dmitribollokov] 15/5/2019 21:15

Yup eblitz and if you read my post that is exactly what i said, if you think the market will fall >89% by october yet this will be 400% higher than it currently is in 12 months time you are very brave.

Next please... i have all day and more than happy to copy and paste facts here every day for newbies to stop them being the next baby seal. Did it at prem and will do it here.

Hi sleven!

[dmitribollokov] 15/5/2019 21:09

A quick search of skippers posts reveals that his first post on being invested in JLP is as follows...

“The Skipper - 09 Oct 2012 - 13:01:04 - 12997 of 42653 JUBILEE PLATINUM - NEW DAWN ! - JLP
I think the MM's have walked it down to trigger some stop losses. Five of them now on the bid @8.75 and only two on the ask suggests they are trying to stock up.

I just treated myself to some more.“


What a treat!

6.5 years on and down 65% down in capital terms with no divi, but lots of jam tomorrow promises. One can understand why you might be upset. One cannot however understand why anyone would listen to you. Now jog on.


Next please.

[dmitribollokov] 15/5/2019 21:05

Skipper, having been here for 15 years, you are what i would classify as a baby seal to club (or the company). He said he was paid in stock whilst taking fees from ‘consultancy’ firms like katlego. How many options does it say he has in the annual report and at what strike pls? Rhetorical question as i know the answer and imagine you don’t...

[eblitz1] 15/5/2019 20:51

Hi dmitri
I didn’t say it would be 12p by October I said I thought it would be within 12 months
And yes I think the market will take a huge hit and then people will look for companies who are making good money with low investment with a good pipeline
I’m not saying JM is the only one but seeing as they don’t dig anything up and will be making over £40 million next year without another deal it does have some legs to it
However it seems the market still does not trust the company. When the next set of figures come out together with a couple of r s,s that say Northampton is staring and the Zambian government has ok, the Kabwe project and maybe another deal who knows
The share price may even shoot up if they announce an FD is on board
I’m not saying it will happen but it does look positive seeing-as over 50% os shares are in hands that will not sell

[dmitribollokov] 15/5/2019 20:28

Eblitz, so you think this share will have a 400% rise in 12 months, but the wider mkt will take a larger than 89% (wall st crash peak to trough - let’s ignore tulip mania) hit by October? You are brave, or as miguided as others that think this is a sound investment.

Hi sleven!

[sharenotes] 15/5/2019 19:27

Any type of investment is predicated upon extrapolation. Who invests because they think the share price will go down? If there are a few variables and the relationship between those variables is linear, extrapolation is child’s play. Real world scenarios, unfortunately, are not typically linear and some of the true variables are hidden (kept in the boardroom). Extrapolation often becomes difficult, to put it mildly. Some ‘experts’; may overcome these difficulties by exploiting ‘insider’; knowledge. How smart are they really if they are given the answer?

It’s fair to assume that all who frequent these boards have a dearth of insider knowledge. Best of luck.

[kryptonsnake] 15/5/2019 19:02

Jubilee might be up 50% from this year's low but it's still down 50% in the last 2 years

Some of the longer term numpties seem to have forgotten

[danieldanrichardson] 15/5/2019 18:55

Come back and boast once you own 0.15% of the company "Mr Accumulator".

[plat hunter] 15/5/2019 18:53

You are right Aces.. the only numbers the market trusts are the audited financials and unfortunately they're usually the majority of market sentiment and are usually peripheral investors too.

Those who have a more nuanced insight, will usually pay a lot less but wait a lot longer.

[eblitz1] 15/5/2019 18:40

You do learn a lot about people on this board.
I am invested far too heavy for my liking and I really do believe that this share will take off and be above 12p within 12 months, however when you consider what AcesHi has said you just can't argue with it. I honestly thought that the share price would be much higher than it is based on what has gone on in the last 3 months.
Let's hope it goes up by October because the world markets are going to take a hit no one has ever seen before including 2008

[choppernoel] 15/5/2019 18:07

Don't be nasty to Nelson01, he's only half an idiot. The other half is permanently up Leons rear end.

[aceshi] 15/5/2019 17:58

NelsonHow's about Demitri? Does his posting of facts, make him an idiot as well? Just like the psychotic left, nothing personally to offer, yet anyone with a conflicting opinion or facts that don't fit the narrative, are the enemy, or unable to reason for themselves. Let's not forget, since day dot, it's always been about to take off but for some reason never does. All the song and dance since the first hint of Kabwe but yet still around 50% down over the last 2 years. Makes you wonder who the real idiots are?

[lostabillion] 15/5/2019 16:18

Another million for “Mr Accumulator”!!!

[robers98] 15/5/2019 13:19

Interesting read on THS who are in the similar metals space (apart from they have to mine).

Tharisa expects a stronger second half performance

First-half financials were impacted by lower output and lower prices, meanwhile, the operational focus is on the 2020 growth targets.

Tharisa PLC's (LON:THS) half year results revealed the impact of lower chrome prices and reduced sales, though the company told investors that it expects a strong operational performance for the remainder of the year.

The company’s focus is on production growth, through continual improvements and, more significantly, the delivery of its first ‘Vision 2020’ optimisation project.


READ: Tharisa ‘on track’ to meet its 2020 production targets
“The benefits of the pit redesign should become evident in the second half of the financial year and Tharisa is on track to achieve its FY2019 guidance of at least 150 koz PGMs and 1.4 Mt chrome concentrates, of which 350 kt will be specialty grade,” Tharisa said in its interim results statement.

“The Vision 2020 projects aim to take production to 200 kozpa of PGMs and 2.0 Mtpa of chrome concentrates in 2020, on an annualised basis.”

First half financials show decline
The first half results revealed a 9.3% reduction in mining. Correspondingly, there was a 12.2% drop in production volumes for platinum group metals (PGM) to 67,600 ounces and chrome output was down 16.2% to 614,100 tonnes.

Revenue for the first half amounted to US$166.5mln, down 16.4% from the US$199.2mln generated in the comparative period of last year.

Operating profit was down 64.6% to US$14.3mln, earnings (EBITDA) were down 44.4% at US$30.1mln for the first half. Pre-tax profit came in at US$10.2mln, marking a 72.6% reduction on the first half of 2018.

Tharisa said it will pay a dividend of 0.5 US cents per share.

‘Cash generative and robust business’
The company told investors: “Tharisa's business model is robust and cash generative throughout the commodity cycle.

“The unique co‐product mix, coupled with an open-pit mine ensures we remain consistently at the low end of the production cost curve and, while we believe commodity prices will remain stable, we are well insulated against price volatility.

“That said, fundamentals for the global stainless steel market support stable demand for chrome concentrates. Our specialty chrome products are in demand and given the premium pricing of this product, we benefit from strong margins.”

In a note to clients, analysts at ‘house’ broker Peel Hunt commented: “The Vision 2020 plans are on track with the Vulcan plant going for board approval this quarter (with likely first output in Q4 FY20E) and the phase 2 of the PGM recovery improvements coming through this financial year.

“We expect this to underpin an EBITDA increase from US$83m this financial year to over US$200m at steady state.”

Peel Hunt reiterated a ‘buy’ rating and 200p price target on Tharisa shares which in afternoon trading were up 0.9% at 107.50p.

[dmitribollokov] 15/5/2019 13:14

'Imminent' is a word they throw around like confetti at JLP...