Jubilee Metals Share Discussion Threads

[deme1] 05/6/2019 19:33

lets break 4.5p first ;)

Then its the 10p party followed by the 20p after party

[kennyp52] 05/6/2019 18:49

10p will do ? 10p would blow my brains 🤪

[deme1] 05/6/2019 16:58

Have not sold any Losta

I think you will find i have been adding of late

[lostabillion] 05/6/2019 16:54

We should see a decent rise tomorrow as pi’s read the update after hours today.

You shouldn’t have sold last week Deme1!

I hope you get back in early doors tomorrow before the second wave of buying.

[bookwormrobert] 05/6/2019 16:54

IMO, the best news in today's excellent RNS is that the fine chrome process (at Dilakong / DCM) works and produces saleable product from what was previously regarded as worthless waste material. (And, at the same time, the fine chrome process increases the PGM content and value of its secondary waste material as well!)
IMO, this will revolutionize the chromite mining industry. Twice the saleable product from the same amount of ore = a sea-change in the basic economics of the business.
Jubilee's business position (based on its IP) is going to be incredibly strong here. Every chromite mining operation is going to want / need this process if they are to stay in business.
Not just Platcro and Hernic. But every chromite miner.
I don't think the market has quite understood this yet.

[cernunnus] 05/6/2019 16:51

No doubt JLP will surpass 10p, im just saying !0p will do for me. Not as long left as many on here, and have been trading for many years. Had enough now just wanna relax and have fun,somewhere nice and warm for me old bones

[lostabillion] 05/6/2019 16:44

If they can spread the business model across various countries/continents which seems to be the plan then we’ll see a lot more than 15p, a whole lot more!!!
Keep accumulating.

[scrappycat] 05/6/2019 16:44

10p appears a rather modest expectation to me. The opportunities for JLP seem boundless, with very limited competition afaiaa. I am no ramper, but I cannot see what is to stop them from escalating to considerably more than 10p in the course of time.

[danieldanrichardson] 05/6/2019 16:43

Would bite your hand off for 15p

[frogkid] 05/6/2019 16:40

It would be nice to blow 4p away. 15p would do for me. I will trade that couple of grand worth though just for entertainment

[bookwormrobert] 05/6/2019 16:33

IMO, this will get to 10p. Not tomorrow, of course. But over the next year or so, barring a major economic meltdown. It doesn't require any new projects, either. It just needs Jubilee to successfully commission and ramp up the projects that they already have.

[rescuer] 05/6/2019 16:31

me too adejuk - i'm £180k off being done and happy ever after - not bad at 53 y/o - taking my pension at 55 y/o - come on Jubilee - put me on a beach earning 10% - :-)

[cernunnus] 05/6/2019 16:28

a modest 10p please

[cernunnus] 05/6/2019 16:27

adujuk and me

[adejuk] 05/6/2019 16:24

what an irony it would be if, after 15 years, jlp is the stock that gets me to my retirement goal.

[goingforarun] 05/6/2019 16:21

Rescuer, agree in the medium term in line with bookworm.

[bookwormrobert] 05/6/2019 16:18

I don't think share buybacks or dividends are really on the table for the next 18 months or so. Jubilee has a huge business opportunity in front of it right now. IMO, all the money it makes in the near future should go right back into the business.

[rescuer] 05/6/2019 16:15

Going - a share buyback plan WHEN cash generative on all fronts would be the best way forward IMHO.

[gsg] 05/6/2019 16:12

L2 1 v 1 with Cantors on the bid.

[goingforarun] 05/6/2019 16:10

I’m not sure dividends are on the table? Cash should be used to fund future projects rather than continuing placings. This will then grow the value of the company at a faster rate than paying the cash out?

[choppernoel] 05/6/2019 16:08

What day in June 2019 did Leon mention Platcro pgm starting? NO DAY GIVEN.

[dekle] 05/6/2019 15:59

I hope all your optimism is correct, been around a long time and I'd like to be pleased for once with more than just words. I mean clear profits resulting in dividends. Forgive my pessimism.

[goingforarun] 05/6/2019 15:48

Totally agreed, fully funded on Kabwe and ramping up elsewhere (on the projects not the SP!). Actually I think the reaction is a bit muted!