Jubilee Metals Share Discussion Threads

[aceshi] 15/9/2019 18:05

Maggie Oh please, not another brainless troll

[bullster] 15/9/2019 17:40

.
.

maggie,

Get it into your thick head.

We don't use the basket price to do any calculations.

Revenue and earnings per pgm ounce are given to us in the RNS.

.
.

[margaret_thatcher] 15/9/2019 15:47

Well done bullster ,those calculations/splits look so much better for Jubilee pgm basket price publication.Can you please use that for the future.

[bullster] 15/9/2019 14:57

.
.

4E and 6E is a math lesson in percentages.

But don't forget, 100% is your maximum.

If you add extras E's, you'll have to reduce the original percentage values

E1 - 49% ......... E1 - 38%
E2 - 40% ......... E2 - 29%
E3 - 9% .......... E3 - 7%
E4 - 2% .......... E4 - 1%
E5 - 0% .......... E5 - 12%
E6 - 0% .......... E6 - 13%

BOTH HAVE TO TOTAL 100%

OK, you may substitute one E for a more costly one, or vise versa.

Swings and roundabouts because the individual percentages change.

TRY DOING SOME CALCULATIONS FOR YOURSELVES.

.
.

[bullster] 15/9/2019 14:02

.
.

THERE'S A DISCLAIMER ON THE BASKET PRICE CHART!

.
.

[margaret_thatcher] 15/9/2019 13:39

THE ULTIMATE MEASURE is the EARNINGS FIGURE taken from the company RNS.

My figures correspond to them. Yes that is true. All I am asking, could you please give us a basket price for 6E(Jubilee always state 6e in their publications unlike other pgm companies that state in 4e) in the future,that gives us and newbies a better idea what the real basket price is.

[bullster] 15/9/2019 13:20

.
.

maggie,

THE ULTIMATE MEASURE is the EARNINGS FIGURE taken from the company RNS.

My figures correspond to them.

That's all that matters.

edit... We know how many ounces we produce and we know how much we are paid for them, so you don't even have to bother knowing if they are 6e or 4e.

.
.

[margaret_thatcher] 15/9/2019 13:10

Element 5(osmium) and 6(Ruthenium) make up 25% of total pgms produced,it makes a big difference. Like I said this information was taken from Sylvania platinum and should be used as a yardstick. Your current calculations is highly inaccurate and should not be viewed to new investors.

[bullster] 15/9/2019 13:00

.
.

sleveen,

I've only penciled in 1,000 pgm ounces per month for H2/19 for Windsor, to compensate for transport costs.

.
.

[bullster] 15/9/2019 12:55

.
.

margaret_thatcher,

6e and 4e is swings and roundabouts.

Leon opined on the subject in one of the webcasts, he was explaining how the price reflected between the smelters 6e to our 4e.

We don't know our prill split, for gods sake! so squabbling about 6e/4e is senseless.

.
.

[bullster] 15/9/2019 12:45

.
.

sleveen,

Well spotted, i'll go back over more RNS to make sure it wasn't reported wrongly on one particular one. I've changed it for now and will recalculate the line once i have cone some more checking.

.
.

[margaret_thatcher] 15/9/2019 12:39

Hi Bullster,basket price is 6(E)

Platinum-37%,Palladium-30%,Rhodium-7%,gold-1%,Osmium plus Ruthenium-25% combined (The last 2 elements combined make up 25% of total pgms produced,this information was taken from Sylvania Platinum as a yardstick).You will see that toll fee is in the 225-250$ range.

[sleveen] 15/9/2019 12:22

Bullster

Q4 18 = 6300oz


Plus the additional transport costs of $4/tonne tailings to Eland.

[plat hunter] 15/9/2019 12:00

Nice one Bullster...

It's amazing that there are so many people who don't understand how product costs are reflected.

[bullster] 15/9/2019 11:20

.
.
WHO MAKES WHAT! FROM THE PGMS
The smelter/refiner at present gets around $415 per ounce of the basket price. JLP get what is left after deducting their fluctuating costs to produce, around $320 to $400 per pgm ounce. Although our basket price chart may not be accurate it does track the rise quite accurately. Be mindful that even our prill split and yield can change on a daily basis, it depends on the quality of tailings mined that day. NOTE how the rise in basket price goes directly on to the per ounce revenue column. CHECK OUT the estimated earnings now that Windsor is ramping up.




AVG BASKET
PMG DELIVERED
PER ONZ REVENUE
PER ONZ EARNINGS
$ EARNINGS
£ EARNINGS


.
.
.
.
.
.
.


Q1/18
$1,090/onz
4,897 onz
$677/onz
$303/onz
$1,481,832
£1,141,000


Q2/18
$1,115/onz
5,800 onz
$713/onz
$361/onz
$2,093,510
£1,612,000


Q3/18
$1,110/onz
6,009 onz
$698/onz
$415/onz
$2,493,494
£1,920,000


Q4/18
$1,150/onz
6,279 onz
$744/onz
$525/onz
$3,300,000
£2,541,000


.
.
.
.
.
.
.


H1/19
$1,248/onz
11,559 onz
$840/onz
$440/onz
$5,082,876
£4,065,000


H2/19
e$1,550/onz
e20,000 onz
e$1,138/onz
e$530/onz
e$10,600,000
e£8,477,287



.
.
.
.
.
.



.
.
.
.
.
.


.
.

[aceshi] 14/9/2019 18:51

Not that I'm aware of. But what did come to mind, was rather a nasty image of you down at the caravan park LOL However, you divert again, this is not about me. Rather explain to us, for the benefit of the newer members, why you operate here with multiple avatars and attack anyone with any negative opinions regarding JLP's ability to create shareholder value? Desperately trying to claw back some of those losses, are we? Free shares my backside.

[aceshi] 13/9/2019 17:12

Wrong Platt, unlike yourself, I do not continue to endorse a company's track record that is riddled with self imposed delivery shortfalls and a general lack of transparency. Not up to my neck here, like some of you, so have the luxury of telling it how it is and will make the final dump, when i chose. That being said, i most certainly have cut the prospect any continued long term, shareholder relationship with JLP. Or any other companies in which CB is involved.So it would seem, the only contradictions here, are your opinions vs the facts.

[sleveen] 13/9/2019 16:43

We all need a willy Margaret nudge nudge, wink wink.

Say no more Squire.


Enjoy...

[niloc4] 13/9/2019 16:15

koos is toobs1. who is Jonathon?

[bullster] 13/9/2019 15:14

.

PRILL

PLATINUM = 49%, @ $961 = $470.9
PALLADIUM = 40%, @ $1589 = $635.6
RHODIUM = 9%, @ $4580 = $412.2
GOLD = 2%, @ $1504 = $30.1


PGM BASKET PRICE PER OUNCE

12/12/2018 = $1,120
10/06/2019 = $1,215
20/06/2019 = $1,308
30/06/2019 = $1,327
10/07/2019 = $1,356
30/07/2019 = $1,372
13/08/2019 = $1,334
29/08/2019 = $1,437
30/08/2019 = $1,484
31/08/2019 = $1,516
13/09/2019 = $1,549


All calculations done on the lower "bid" price from Kitco charts in the header.
Figures should be used as a yardstick of price movement, only.
.
.

[margaret_thatcher] 13/9/2019 14:18

Hi meanreverter I have to agree with you this Toobs is just getting to much! He has got me interested in some of his bashing rubbish, this thing about consultancy fees. Tried emailing the Jubilee team,but no reply. Can someone here please help if there is any truth to this? Some one mentioned a consulting company that Leon and Colin has.