Jubilee Metals Share Discussion Threads

[kennyp52] 20/8/2019 20:47

3.74 would be acceptable

[plat hunter] 20/8/2019 20:35

Cheers ShotBBS

I had 2.60 as the lower support, so reassuring that I wasn't on my own with that view.

[shotbybothsides] 20/8/2019 20:09

posted for info only - no personal view


hxxps://uk.tradingview.com/chart/JLP/7HPOucoJ-Jubilee-Metals-Speculative-long/

Jubilee Metals has corrected lower in recent weeks to retest the breakout level of 2.80p and slightly below this at the 61.8% Fibonacci support level . The large reversal today is an encouraging sign which the shares set to close above the 10EMA. It’s also been noted that trading volume has been consistently above 50k for the past 90 days. It looks an interesting level to accumulate.

Target: 3.74p
Stop: 2.55p

[plat hunter] 20/8/2019 19:20

Tim, I don't believe the the oversight of the BMR licence was an accidental laps of due diligence.

They're usually only ever issued on a 1-5 years basis and the BMR licence dates were well documented in BMR RNS's and local mining publications.

I think if JLP hadn't moved for BMR when they did the licence would have been lost and we would have lost the chance to get Sable from Glencore.

Colin always and only referred to Kabwe as the gateway to Zambia and we still haven't made it up the drive to the house yet.

[plat hunter] 20/8/2019 19:15

Chopper, how come you set up a new account?

[timhigginson] 20/8/2019 18:21

Poor old Goldi,
Look at Jubilee on a five year forward basis. Tjate 60m ozs, DCM PGM's 2-3 yrs at 30kozs p.a., Hernic 30k ozs p.a. for 2yrs, Platcr et al 30k ozs for 2 yrs, and then there is Kabwe and any chrome earnings. How that adds up to only 50+m gpb is beyond me.
I still come back to Colin lamenting the share price of 4p at the AGM in 2018.

What I believe to be true is that the BOD's focus is not on growing the share price which is an art in itself. Their focus seems to be on barreling into ventures without properly checking them out ( witness lack of due diligence on the BMR licence.)

The BOD has its investor base jittery on what they may get up to next without first digesting what is to hand and this is reflected in the SP: is a new issue pending, or a big new dilution? The market needs reassurance that until their current projects are producing FCF no new issues ar envisaged. Hopefully in the absence of s strong FD Shard Capital will hold them to their words and we will see the share price rise to a premium.

[plat hunter] 20/8/2019 17:09

So how viable is it to transport Copper concentrate from Kalengwa to Kabwe, clearly transporting the tailings or ore, would be inefficient given the distance?

Sounds like another environmental disaster that needs to be cleaned up

[deme1] 20/8/2019 16:36

XTR rns reference copper

[lostabillion] 20/8/2019 16:35

Just bought another 10k’s worth at 2.75.

Couldn’t resist snapping up some of Goldi’s shares.

[kennyp52] 20/8/2019 16:33

niloc4 .. how many shares you holding ?

[freedom97] 20/8/2019 16:17

"You clowns know I still hold a measly 400k"

400k that's not measly, one of your mates just bought 29 shares LOL!

You've had many opportunities in the past to sell your 400k at much higher prices, even at 7.5p = £30,000 a few years ago and if you missed that then you would have had plenty time when the share price stayed above 6p until the small placing was done for the PlatCro tailings. You could have sold on the 5th August @3.25 = £13,000 or even today @2.65 = £10,600

Just think what you could do with over £10k in your pocket, travel around the World, buy a new car etc... Yet you prefer to just moan & moan & moan which you have been doing ever since you started posting on ADVFN over a year ago, instead of enjoying life & being happy. I think when you call others clowns you are really talking about yourself.

[deme1] 20/8/2019 16:03

Give it a rest you muppet

[plat hunter] 20/8/2019 16:01

You can buy 87p worth of JLP at 2.90. Is that Goldi trying to get back in? ;-P

[plat hunter] 20/8/2019 15:28

"Plat and Freedom, You clowns know I still hold a measly 400k of the dog stock."

Enlighten us Aces... How exactly do we know this?

[scrappycat] 20/8/2019 15:19

Good post Aces. I have given you at tick up for it, as I consider it to be far more balanced and incisive than most of your previous efforts.

[aceshi] 20/8/2019 15:11

Plat and Freedom, You clowns know I still hold a measly 400k of the dog stock. Mostly so I can legitimately debate all the BS and ramping and besides, you guys may eventually even be proven right. Who on earth would blame others for ones own decisions in life? I agree, most certainly an extremely sad character. Any fool should know to assess the risks of their investments. Besides, I don't hear anyone crying about their JLP losses. But this is not the point. It's not always about the money, which a handful of JLP shares surely is not. JLP management have certainly not always operated in the best interests of shareholders, I know, we've heard all the excuses for this but the track record remains rather unsettling. If this is continually overlooked and even endorsed, by some, they will up the ante. And I can't see how that's going to end well for anyone, except perhaps, you know who. They need to deliver on undertakings presented to their shareholders and offer legitimate and transparent progress reports and perhaps certain of us will change our tune.

[plat hunter] 20/8/2019 14:23

I wonder if we'll get a basket breakdown out of Eland?

[frogkid] 20/8/2019 13:57

Only joking chaps. Doesn't bother me.

[gsg] 20/8/2019 13:42

Apologies. Will stick to JLP from now on.

[frogkid] 20/8/2019 13:32

Is this the JLP thread ? LOL

[gsg] 20/8/2019 13:27

Professional elite sport is a brutal existence no matter what the sport. Being a coach is not so bad. A bit of street cred and showing bored housewives a good swing (so I'm told).

Frustrating that platinum now trades as an industrial metal and is regarded as such. Looks like platinum will lag any rise in gold and silver.

[bookwormrobert] 20/8/2019 13:04

Hi Sharenotes!
(Off topic)
Cruellest of all in golf is the Challenge Tour, which my scratch nephew played in for a year. You're so near the main tour and the big bucks, but still losing money hand over fist on travel etc.
Only in sports and the arts is there such a huge gap between the mega-money earnt by the absolute best and the starvation wages endured by the very very good but not quite good enough.
Fortunately, my nephew had enough sense to realise that he wasn't going to make it as a golfer, and is now succeeding in something a little less pitiless.

[niloc4] 20/8/2019 12:52

Well done Leon. Jubilee trading at 50c on the JSE. Anymore transformational deals in the pipeline with the big boys?