Jubilee Metals Share Discussion Threads

[kryptonsnake] 17/6/2019 18:24

Marky

I wouldn't be stupid enough to buy above 3p

It's already dropped sub 3p twice, both times I predicted

Won't be long before it happens again. Don't expect anymore than 3.5 until November now


LOLsss

[goingforarun] 17/6/2019 18:22

MadMarky, not Krypton, just seen the one share comment many a time. Most result in nothing!

[kryptonsnake] 17/6/2019 18:21

Goldilocks

"That’s such a lie."

You can't be sure it's a lie if you don't know the true cost of the Kabwe project. The costs could exceed the planned budget

If other projects are slow to generate more cash it could eventually eat into existing cash. That's why Jubilee will end up doing another placing, if not to fund a new project it will fund unforseen costs at Kabwe


LOLsss

[1madmarky] 17/6/2019 17:30

Dme1... think that was krypton, finally woke up and smelt the coffee

[deme1] 17/6/2019 16:44

1 trade

rns logged for tomorrow.

[frogkid] 17/6/2019 15:48

PICKED UP ANOTHER GRANDS WORT TODAY AT 3.11.

[scrappycat] 17/6/2019 14:41

Producing verifiable financials must be a pain, with income hopefully increasing , and no FD. I imagine they are extremely busy negotiating, which, like Brexit, we all know can be very demanding. I can wait. The financials will be what they will be, I say bring on more income earning deals.

[the bull] 17/6/2019 14:39

It's not easy being a holder of jubilee shares. Despite being a disaster of a share to have been holding the last 10 years, it looks like an extraordinary buy right now with all that is happening but yet the price still languishes and seems to defy all logic. A brokers note giving a value of 6p unless they have recently updated and we still sit here. Best option for me would be to stop looking, I aint selling but my stress levels are rising, but probably more to do with other aim dogs and a looming mortgage redemption

[scrappycat] 17/6/2019 12:32

Frog,

With the institutional buying we had a c3p, I somehow doubt this will drop much further, but just amble along around this level until a favourable RNS arrives. I anticipate a very quick hike in the share price then, to a price that reflects the perceived value of the news. Could be anytime, could be sometime. Who knows?

[frogkid] 17/6/2019 12:13

sadly i believe a lot of folks have been attracted elsewhere so it is up to me and losta to keep buying here just so as it does not fade away ! Come on Losta, sell that old tub of yours that you keep on the Norfolk Broads and buy a few of these.

Frog

[choppernoel] 17/6/2019 09:20

Sleveen spends a lot of time on his knees on his mattress absorbing many roosters at the caravan park. Keep up the taking and sucking old chap.

[goldibucks] 17/6/2019 08:48

“Goldi I don't know why you bother with this thread” On a mobile you only see one thread. I was tricked! :-)

[sleveen] 17/6/2019 08:34

Goldi I don't know why you bother with this thread. This is all I see:


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“WHY did Leon again say it will start in JUNE 2019?” Leon is saying June because that’s the guidance Northam have been giving their own shareholders and analysts. If everything companies said happened as they said it would, nobody would buy bonds, property, gold or cash. With your tolerance for risk and uncertainty you should have your money under the mattress.

[goldibucks] 17/6/2019 07:21

“WHY did Leon again say it will start in JUNE 2019?” Leon is saying June because that’s the guidance Northam have been giving their own shareholders and analysts. If everything companies said happened as they said it would, nobody would buy bonds, property, gold or cash. With your tolerance for risk and uncertainty you should have your money under the mattress.

[1madmarky] 17/6/2019 05:34

Goldi - PlatCro PGMs should be extremely profitable as you say . Should have at least another year before the income split at hernic kicks in.

[choppernoel] 17/6/2019 04:58

If the start date for platcro pgms is out of jubilees control, WHY did Leon again say it will start in JUNE 2019?

[goldibucks] 16/6/2019 22:57

“Jubilees cash will be decimated this year on Kabwe alone LOLsss” That’s such a lie. They generated £1.2m of cash from operations in the H1 FY19 cash flow and that was with lots of working capital funding and they started the 2019 calendar year with £5.8m. With PlatCro chrome in the last 6 months, PlatCro PGMs in the next 6 months, and another few quarters of Hernic unshared with no interest to pay, operating cash flow will be going through the roof. Kabwe was fully funded separately. They won’t need to use any of their opening cash of £5.8m or any cash produced in 2019 from the SA business on Kabwe. Their are lots of stones for a bitter deramper to throw at JLP but cash pressure in this calendar year is not one of them. Hence why they can’t be bothered to give retail shareholders decent quarterly updates any more. The risks to the share price are Hernic never making it out of a business rescue, it’s been going on for 20 months now, Kabwe getting delayed by the Zambian government, and Northan not starting processing PlatCro PGMs when they said they would. All 3 of these risks are outside of JLP’s control which sums up the over-arching risk of investing in JLP, they never seem to be in control of their own destiny.

[plat hunter] 16/6/2019 19:48

Ken's an angry middle aged white man from Luton with mad fantasies.. Stick him on your follow list, you'll soon see that he's always 100% bang on, at time of posting which is always after the event and forgets what he's previously posted.I generally have him on filter nowadays but if he's new to you, you'll certainly enjoy him for a while.

[kryptonsnake] 16/6/2019 17:25

Some backed this as a winner 2 years ago but the share price fell for 2 years straight

It wouldn't take much to see this back under 2.7 another placing to fund a new project would do it

Jubilees cash will be decimated this year on Kabwe alone


LOLsss

[choppernoel] 16/6/2019 17:00

If KennyP52 is fat like Colin, he won't even make 1 lap around his place at 10 acres

[aceshi] 16/6/2019 12:13

Ken recons he calls winners. I say he'll be in the red here quicker than it takes to lap his 10 acres. LOL