Jubilee Metals Share Discussion Threads

[robers98] 12/7/2019 15:38

V circuit when previously discussed is its own stand alone process once separated from the rest of the material. Circuit to be brought in from SA.
V production close at hand now we have the paperwork sorted.
Good to hear Leon confirming everything that he has said before running to plan.
2020 got to be the year of watching the money come rolling in.imo

[choppernoel] 12/7/2019 15:22

Trade on jse is 9400 shares.great marketing Leon. it seems no investors believe u. u yourself don't believe yourself owning a meagre 28000 shares.

[choppernoel] 12/7/2019 15:03

Colin and Leon said no more placings about 10 times. And placings still took place. Honesty is not a word they both know the meaning of. Along with the meaning of imminent

[plat hunter] 12/7/2019 13:34

Deme's probably bang on with his platcro-Esq copper placing theory.Never bought this in my ISA before but going to have to now as placings have to imminent.

[gsg] 12/7/2019 13:29

Yep PH. That is what hit me re Kabwe this am.

[plat hunter] 12/7/2019 13:25

*The test feed

[plat hunter] 12/7/2019 13:24

Bloody hell GSG.. It's only just dawning on me that the Sable is massive.. Kabwe is looking more like just the feed to me.That is some capacity, massive step towards being a huge collection network.

[gsg] 12/7/2019 13:13

PH. Just added it to my previous post. The quarterly figures for Sable were winding down as Glencore were shutting up shop, however the first quarter gives an indication of production.

[plat hunter] 12/7/2019 13:11

Do you have a link, GSG

[plat hunter] 12/7/2019 13:10

Only just read yesterdays RNS. And one line caught my eye...."Production of V within 4 months of taking complete control of Sable."I'm presuming that all relevant docs are with their respective legal teams with proof of funds being previously satisfied, this should happen relatively shortly.

[gsg] 12/7/2019 13:06

Ok, found Glencore 2013-14 copper/cobalt production figures for Sable from their annual report, however it won't copy and paste onto here.

Annual report link. Sable listed on page 13.

[gsg] 12/7/2019 12:38

Been wading through Glencore's annual reports to find the Sable copper refining capacity when operational under their ownership. Nothing found as yet.

edit : So in 2017 Glencore decided to retrofit the existing leaching equipment . Not sure if this is just experimental or whether it is the kit that JLP have taken over. Any thoughts Bullster?

[bullster] 12/7/2019 11:44

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There is already is copper contained in the Kabwe tailings, which gives another income stream.

Because it is copper sulphide and JLP are putting the emphasis on bringing the copper circuit back on line solely to enhance the acid production volumes. If we are going to the trouble to extract acid from the sulphide it made no sense not to process the copper from the residue, to completion.

edit.... As for where bringing further copper contracts to Sable is concerned, the 100 tonnes of acid per day capacity of the plant, could be the limiting factor.

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[gsg] 12/7/2019 11:31

Maybe there's another way of looking at the potential copper deals in Zambia?

We know that the Sable refinery was processing copper/cobalt trucked from Congo as of last December.

Jubilee have bought the Sable Zinc refinery in order to process Kabwe's zinc, vanadium and lead. In effect they have a copper refinery free of charge, which Glencore paid $33.5m for.

By the sound of it, they plan to maintain Sable's copper refining capability.

If JLP can tie up processing agreements for copper from Zambia based miners, then there's a whole new copper processing revenue stream which will require limited CAPEX.

Idle speculation, whilst we wait for the supposed copper deal.

[timhigginson] 12/7/2019 10:59

No mention of DCM Pgms either.

[choppernoel] 12/7/2019 10:53

Leon making promises again with extra pipeline. You are like a broken record. When's the next share placing Leon? Rinse and Repeat. Con

[the bull] 12/7/2019 09:40

Could be right deme, further project news on horizon, mmm, wish they would slow down a little, enjoy some share price growth before further acquisitions and issuing more shares. Would feel a lot happier issuing shares over 5p, haven't seen that number for some time

[tullynessle] 12/7/2019 09:24

INTERVIEW: Jubilee Metals Group Adding to earnings while aggressively pursuing further projects

Jubilee Metals Group (LON:JLP) CEO Leon Coetzer joins DirectorsTalk to discuss the latest projects update. Leon talks us through the update highlights, provides details on its focus on copper, thoughts on further growth this year and what exciting this should we be looking out for over the coming months?

[deme1] 12/7/2019 09:22

Or maybe it is being held down for more big players to get onboard.

All i know is we were at or around this price before the kabwe accusition.

Since then we have had

Platcro - Northam now processing our material
Fine chrome proving to be a game changer
Sign off of the sable deal

Yet we are still stuck in this price rut.

I just hope one day we get a couple of days of 20 - 30% rises, to put us where we should really be.

[goingforarun] 12/7/2019 09:14

Deme, I think the hold back is due to lack of clarity on profitability? All the news is good, just need the financial evidence!

[deme1] 12/7/2019 09:00

I have no doubt this will rise, hence why i am heavily invested.

I just think that there is something holding us back at the moe and with talk introducing copper into the mix brings me to the conclusion we will be doing a platcro style deal with copper tailings.

[freedom97] 12/7/2019 08:50

Start buying deme1 and you will see the share price rise. ;o)

[deme1] 12/7/2019 08:44

With all the news of late, i can only come to one conclusion.

we have a placing to come, which i will guess is for a large copper tailings.

There is no other reason as to why we should be struggling to get past 3.5p

[aceshi] 12/7/2019 08:37

MarkWho gives you the right to dictate who's opinion is relevant on an open platform? Who the hell do you think you are, are you insane, making statements such, "put up or shut up" Guarantee I and others on here, have been a "genuine JLP shareholder" for many more years than yourself and that certainly gives us a right to voice our opinion and to comment on what we have observed. Plenty of BS has been spewed from all parties involved with JLP, over the years. You really think you know the truth and how this is going to play out? I would suggest you listen to all sides of the JLP story. Alternatively i suggest you "put up or shut up" when others comment.