Jubilee Metals Share Discussion Threads

[nelson01] 04/9/2019 14:51

Always....I remember a few years back we had a deal to sell a small farm on Tjate for
5 million but we decided not to go through with it.

[nelson01] 04/9/2019 14:48

Goingforarun....yes I agree...I believe that we get a split of the basket price and
That our share is more than 50%

[alwaysevolving] 04/9/2019 14:43

Platinum in a race to $1000+ it appears? You wouldn’t think we own the largest untapped platinum resource on the planet with a license to mine it!

At least if PMs continue rising at this pace, if nothing else, a renewed interest in Tjate might just breath some life back into the SP? Could happen!

[goingforarun] 04/9/2019 14:36

Nelson, one thing concerning me is whether JLP get the upside? If they mentioned this in their next update it would be useful?

[niloc4] 04/9/2019 14:35

What's your point Wollie, I mean Willie? The share price still falls

[goingforarun] 04/9/2019 14:35

Nelson, one thing concerning me is whether JLP get the upside? If they mentioned this in their next update it would be useful?

[niloc4] 04/9/2019 14:30

It's made no difference on the share price that a for sure. It's actually caused the share price to fall. What's your point?

[nelson01] 04/9/2019 14:23

Well the basket price is up around 250usd in just a few months which if we produce
50,000 ounces is an extra 12.5 million usd per year profit and goldi thinks it will
Make no material difference....lol....and made a loss thinks we are making 15 usd per
Ounce....lol....you couldn’t make it up.

[ginko3] 04/9/2019 14:04

Me too . . . and the wife will be holding the spade

[niloc4] 04/9/2019 12:13

freedom97, it sounds like you are not free in your thoughts? it seems like it's only your away or the highway. Change your name to Oneway69

[freedom97] 04/9/2019 11:53

The year end results have ALWAYS been Audited! and unlike SLP, Jubilee state very clearly the results are 'Audited' plus give the name & address of the Auditor:

Jamie Cassell (Senior Statutory Auditor)
for and on behalf of Saffery Champness LLP
Chartered Accountants
Statutory Auditors
71 Queen Victoria Street
London
EC4V 4BE

"Jubilee Metals Group PLC Audited results for the year ended 30 June 2018!:




Now you try and find where SLP state 'Audited' in their year end results and importantly give the name & address of the Auditor:



I can't find any mention.

Note also, SLP don't even state if the Interims are Unudited/Audited, whereas Jubilee clearly state in the Interims 'Unudited'.

[goldibucks] 04/9/2019 11:30

“There is no other way we would be stagnating like this when the products we sell are surging in price.“ Chrome concentrate prices fell in H1 19 to the point they needed to take a stock provision and vanadium pentoxide (the biggest potential money spinner at Kabwe) has fallen by 2/3. PGMs make little difference to JLP due to how the 85% Hernic share kicks in.

[1madmarky] 04/9/2019 11:27

No!
Too damned depressing

[niloc4] 04/9/2019 11:22

Plat Hunter 4 bags per day at the caravan park.

[deme1] 04/9/2019 11:19

Since Jan 2019 SLP has almost 4 bagged!

Think about that for a minute!

[niloc4] 04/9/2019 10:47

The only thing Leons knows nothing about is honestly and shareholder value. This guy needs to be kicked out

[niloc4] 04/9/2019 10:42

Leon is the FD. Leon knows everything. Multiple Earnings, imminent, due shortly, transformational, Inception point, placings, share buy backs,

[scrappycat] 04/9/2019 10:36

Until JLP get themselves an FD, and produce audited accounts, the shares will never reflect their true value IMHO. When will they learn, and rectify the situation?

[plat hunter] 04/9/2019 10:30

G... that was the original reason that I was here for too to be honest.

[gsg] 04/9/2019 10:28

deme.

On a personal level, I'm disappointed at the JLP share price reaction to the surge in PGM prices. I bought into JLP for that platinum exposure. Would have been better to just buy Anglo American Platinum, Northam or Sylvania. Got that one wrong.

Ironic that JLP is the lowest price PGM producer in the industry.

[plat hunter] 04/9/2019 10:18

JLP will not be buying copper tailings, well not for the foreseeable anyway. JLP will be processing third party copper material, if we buy it then it ceases to be third party.

Material from Katanga and Mopani is going to Sable in the first instance. When a project and production update is delivered with regards to copper then the price here will really start motoring in my view. The scale of what Metronex was processing for Glencore was eye watering compared to anything JLP has every been used to. Worth noting that until the Zambian tax row, Glencore was about to spend 250 million on copper capex with Sable being the heart of it.

I'm not to convinced that we are waiting for a Windsor update as the life of material isn't fantastic and it will ultimately just be replacing the Hernic revenue when the profit share kicks in.