Jubilee Metals Share Discussion Threads

[gsg] 28/8/2019 13:53

Well, Colin's 1.26% Vanadium stat from the Proactive editorial for Kabwe was proven to be correct, by the last RNS.

Just need an RNS to prove up his concluding Proactive statement then we might start moving. lol



“You can’t be around forever and not pay a dividend,” he says.

“But the top of our card is growth. We’ve got a niche. We’ve got a brand. We’ve got credibility. And you can’t keep doing small deals. It’s better to do big ones.”

"So watch this space."

[niloc4] 28/8/2019 13:16

Sylvania platinum deliver. Sylvania management don't screw their shareholders like jubilee management do.

[lostabillion] 28/8/2019 13:00

SLP has hit 40p today I see.

Our time is coming.

[niloc4] 28/8/2019 12:54

Plat Hunter is moody. Kennyp52 obviously had some A hole action last night.

[plat hunter] 28/8/2019 11:46

"Can't believe all the tweets"

Then moan on twitter about it, like all the other morons who think they deserve to have their political opinions listened to.

[deme1] 28/8/2019 09:51

brexit starting to warm up.
hold on tight boys ;)

can't believe all the tweets about how un democratic this is, yet when Corbyn and the other losers got together yesterday to try and thwart brexit (again) nothing was said!


well done Boris atleast we still have some in power that have balls and will do as the electorate asked. For Corbyn and co, your time will come in the next elections. enjoy what little time you have left as mps

[sleveen] 28/8/2019 08:40

An 11 year high.

Nice.

[bullster] 28/8/2019 08:16

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WOW !


Rhodium now at $3,950,

UP $600 so far, this month.

Added $54 to our basket price, alone.





WINDSOR PGMs are going to start off strong.


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[kennyp52] 27/8/2019 20:40

Niloc4 ... yeh we do ... you 🤣

[niloc4] 27/8/2019 20:38

Plat Hunter and KennyP52 are Siamese twins. They both share the same A hole.

[plat hunter] 27/8/2019 19:52

This is his 4th account that I know of Kenny.

I suspect he lumped in at North of 30p ten years ago.

[kennyp52] 27/8/2019 18:58

Oh I see it ... identical posts ... niloc4 is the Chopper guy ? Must have been feeling a bit insecure ... or is a paid deramper on his way to jail . Either way I think he has a screw loose . This is a gamble share ... not a serious investment so you all need to get over yourselves

[aceshi] 27/8/2019 18:25

LostDid your mates tell you that it's safe to sail towards the horizon? promise, you won't fall off. I doubt very much that even 50% of JLP investors are impressed with the performance of their investment and I guarantee, even a higher percentage, is well in the red. Let's be realistic for a moment. Existing, operational projects don't have the capacity, or lifespan, to produce significant profits that would drive this much above the 3p to 4p range, at best. An absolutely ridiculous return, considering the approximately 100mil spent, thus far. The only hope that remains, to date, is Kabwe or Sable, to be precise. So we now find ourselves, a one horse pony, a very long way from home. 2 years to significant profits, is another pipe dream and considering the companies history and the industry, in general, entirely unrealistic. So what remains, desperate ramping for those looking for an out. Clutching at straws with endless number crunching but not an iota of substance, with any of it

[lostabillion] 27/8/2019 15:35

niloc4, give yourself a break. Did you mortgage your house or something to buy JLP?

99.99999% of investors here are very happy with how the company is growing.

It’s only you and a few other frequenters that seem completely consumed with JLP and with not a good word to say!

Either join the 99.99999% of investors that can see exactly where the company is heading or move on.

[niloc4] 27/8/2019 14:41

share price still being manipulated downwards on the JSE. it's so obvious. great work Leon. are u still talking to the big boys? I honestly cannot believe u are still employed at jubilee.

[bullster] 27/8/2019 13:48

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bookwormrobert,

A cost comparison can still be made between concentrate level and finished metal, from Galileos out of date figures, they're not my figures.

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[bullster] 27/8/2019 11:31

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PHASE #1 : ZINC

Leon intends to produce a high grade zinc concentrate to sell to smelting operators.

The high grade concentrate will contain 55% zinc, by volume.

Let's assume that the grade of tailings to be concentrated will be a mix of the highest grade "wash plant tailings" at 10.66% of zinc per tonne and some lower grade tailings. Therefore a grade of 8% zinc by volume shall be our figure, for calculations.

10,000t of 8% grade tailings gives up 800t zinc metal at 100% by volume

800t zinc metal gives 1,600t of zinc concentrate at 50% by volume

800t zinc metal gives 1,309t of zinc concentrate at 55% by volume


The spot price for zinc metal is about $2230 per tonne

Producing the zinc to this 55% grade concentrate is the very low cost side of the operation, compared to the refining side. If we work on $50-$75 per tonne profit, would that be about correct.

Below are some costing figures Galileo did about 4 years ago in relation to mining at Star Zinc and transporting to Kabwe/Sable.
Take note of the cost of transport and the high cost to refine, all have to be deducted out of the $2,230 spot price.

Don't forget to add 10% for inflation.

-- Minimum block grade to be considered - 8% Zn
-- Ore/Waste mining cost - 6 $/t
-- Rehabilitation - 1 $/t
-- Transport - 11 $/t
-- Milling - 11 $/t ore
-- Leaching - 125 $/t ore
-- Precipitation - 640 $/t zinc produced

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[nelson01] 27/8/2019 10:47

Goldi bucks I meant

[nelson01] 27/8/2019 10:46

Jubilee is just about to double pgm production so it won't be under 3p for long. Personally I think holding made a huge mistake selling but that's whatA lot of private investors do, sell out at the bottom just before it takes off.Have you ever heard the saying be right and sit tight. Jubilee will see massive growth over the next two years and with that will come massive financial gains for those with the foresight and patience to see it through.

[niloc4] 27/8/2019 10:39

next year things will improve. no not next year, the year after That. no, the year after That. CONS

[kryptonsnake] 27/8/2019 10:31

Jubilee is doing fantastic

Still struggling to stay above 3p


LOLsss