Jubilee Metals Share Discussion Threads

[robers98] 21/7/2019 18:49

First Quantum was quoted by Colin as the model to follow where progressively each next project is self funded by previous. If that is not what they follow through on, then they will have questions to answer to shareholders.

[aceshi] 21/7/2019 16:51

Exactly. In fact, it's only a matter of time before they roll out the cannon again. They will always have another project in the pipeline that is potentially too lucrative to walk away from. It never has been, or ever will be, about the shareholders, with these guys.

[gsg] 21/7/2019 16:08

1MM & PH. Agreed.

fozdad. The statement is a historic one, probably from around 2006. Leon did mention that the zinc tailing's at Sable have since been exhausted.

[plat hunter] 21/7/2019 15:47

Sable is the monetization of JLP's intellectual property.Kabwe is merely the test feed to demonstrate 3rd party ore viability.

[fozdad] 21/7/2019 12:13

GSG, does the last sentence if that quote mean that with the Sable acquisition, we also own more zinc tailings?

[1madmarky] 21/7/2019 08:15

GSG , looks like a regional hub in the making. Processing Lead, Zinc, Vanadium, Copper and Cobalt.
It might be that we have to build concentrator units at the source of the 3rd party ore to make transportation to sable viable. Hopefully it's all viable and turns the Kabwe into a giant cash machine. Gla

[plat hunter] 20/7/2019 22:47

There won't be a share buy back... It was a carrot to soften the blow of more dilution for Kabwe.

[robers98] 19/7/2019 21:31

So SLP share price hasn't risen due to their share buybacks?

[robers98] 19/7/2019 19:29

Ii's that came on-board want it 1St in advance of dividends. Of course other tailings dump deals might also need funding, which hasn't been helped by Northam with their delay in processing our Platcro pgms.
If only we could get sight of the cashflow projections for the next 12/24 months. But they aren't allowed to issue so we are left with Bullster doing his best projections.
Time will tell, but shareholders have let management know what they consider the company should deliver.

[aceshi] 19/7/2019 18:40

RobersMay have voted for it but will never happen with current management, not their game

[robers98] 19/7/2019 16:54

Or they start share buy back once the cash starts flowing in. That's what was voted for at the last agm.

[plat hunter] 19/7/2019 16:43

Lmao Goldi

[goldibucks] 19/7/2019 15:33

I heard that Colin and Leon like to be referred to collectively as “Colon” because they are full of 5hit. I shouldn’t feed the bears but it’s Friday...

[goldibucks] 19/7/2019 15:30

“It's not for sale”. That’s what you said about the other 89%! ;-) That kebab van’s not going to pay for itself.

[1madmarky] 19/7/2019 15:13

A bird in the hand is worth 3 in the bush,,! I'm sure AB could be easily tempted..... magic beans anyone :-)

[kryptonsnake] 19/7/2019 14:36

It's not for sale BMR will keep that 11% thanks


LOLsss

[goingforarun] 19/7/2019 14:25

AcesHi, the alternative would have been that JLP would have gone bust. To remove the problem they can always consolidate on a 1 for 10 basis? Not important at the moment!

[aceshi] 19/7/2019 14:08

CB's confetti cannon

[samthestaffy] 19/7/2019 12:21

Gulp 1.855 billion shares in issue,10 years ago I'm sure it was around the 200 million mark,Soon be one for every person on the planet,Share Holder value lols

[robers98] 19/7/2019 12:05

Gold prices have hit their highest levels in six years as investors brace for an interest rate cut by the US Federal Reserve and seek a safe haven amid tensions between Washington and Tehran.

The price of one troy ounce of gold peaked at $1,452.60 on Friday morning, the highest point since May 2013, with fears over the Persian Gulf standoff also driving up the price of a commodity that is viewed as a market refuge during geopolitical crises.

Gold prices have been boosted by the fall in bond yields – or the interest rate paid out by bond issuers – which move inversely to their prices. Many of the safest sovereign bonds are now negative-yielding, meaning that investors are effectively paying for the privilege of lending money to borrowers, with the upshot that gold is more attractive.

Investors also tend to buy gold, which has relatively little practical value and yields no income, in times of geopolitical uncertainty. Iran on Friday denied that a US warship shot down one of its drones in the strait of Hormuz, contradicting the US president, Donald Trump.

[aceshi] 19/7/2019 11:37

My thoughts exactly, a share price stable between 4p and 5p coupled with consistent progress on projects and we got a whole different JLP

[plat hunter] 19/7/2019 11:24

50p...They'll never see a penny of that, most costs will go to the project contractors.

[goingforarun] 19/7/2019 08:00

AcesHi, considering where the share price has been for years 10 bagging is just a dream. Happy to see this back above 4p for the moment! After that let’s see where Sable goes? Could provide strong earnings for years!