Jubilee Metals Share Discussion Threads

[kennyp52] 17/9/2019 09:00

This is one of those penny share gambles that has some substance behind it and reported improvement . If only the directors could propagate some trust this could well breakout up to 2/3 times current share price .

[nelson01] 17/9/2019 09:00

IMHO...leon was making a point by including strong cash position.

[nelson01] 17/9/2019 08:59

Good volume for the first hour.

[plat hunter] 17/9/2019 08:57

Deme's a moron with his placing nonsense for copper... It's been made pretty clear on several RNS's that copper is either in situ or will be third party owned.

[deme1] 17/9/2019 08:55

"I look forward to increasing revenues and delivering shareholder value"

Est:2010

[kennyp52] 17/9/2019 08:54

"I am extremely excited by the progress we are making at Kabwe, which demonstrates to shareholders our ability to implement our strategy of diversifying earnings across multiple commodities and jurisdictions. We are making progress across the portfolio highlighted by the recent update on bringing into operation of the Windsor PGM Project in South Africa which doubles our PGM processing capacity to approximately 60,000 ounces per annum. We reported a 75% increase in combined H1 2019 revenue to GBP 14.36 million and a 47% increase in combined H1 2019 operational earnings to GBP 5.64 million, and with the addition of Kabwe, the continued developments across the portfolio and a strong cash position, I look forward to increasing revenues and delivering shareholder value."

[greenelf] 17/9/2019 08:42

Copper income Q2 next year$5910 per metric tonne x 400tonne per month...= $2,364,000 per month..is that right? Just for copper, never mind the rest...looking goodPlease let me know if calcs wrong :)

[greenelf] 17/9/2019 08:32

Bought back in today after a long absence. Progress on projects and revenue look excellent. Plus chart looking as though it could break out of long term down trend soon. Would entail a major rerate in the process...

[mutley walters] 17/9/2019 08:32

Deme I agree it is probably a prelude to a placing. The last placing for Sable was not badly received any future placing better add value. I still think of Leon and Colin protesting that the Platcro placing added value for shareholders but the tanked at least 20% and never recovered After 4 years plus here my patience is very nearly exhausted

[philby1] 17/9/2019 08:25

I'm with you mikebolle1 - just sitting tight and ignoring all the noise!

[mikebolle1] 17/9/2019 08:17

I don't know much about the technical/chemical site of Jubilee but this company is the one in my portfolio that makes me feel relaxed, when I review the potential of my future profits. I don't know anything about leaching circuits or how to produce plated copper cathode, but I know I must just hang-on a little longer with this one. I know I must not get emotionally attached, but I like this one. I know its against the general feeling on this thread but I also like what and how management is operating.

[deme1] 17/9/2019 08:15

"The existing copper leaching circuit has been brought on-line to process historical copper tailings as well as
third party sourced run of mine material"

This does not infer that the copper tailings are JLP's.
It just says historic tailings and run of mine material.
I am pretty sure that if there were copper tailings on site then it would be in the jorc.

Usual rns, more questions than answers.

GLA

[the bull] 17/9/2019 08:11

Lets hope they find room for the Galileo zinc tailings

[toobs1] 17/9/2019 07:52

No earnings projections for copper cathode then Leon,is it that bad that you want to keep it a secret.How do you expect mug punters to buy into your placing with such a useless rns,LOL

[gsg] 17/9/2019 07:51

Marky. That's an interesting point.

They have confirmed that the copper is on the Sable site so it is owned by JLP. They are also putting in a separator,so Jubilee owned cobalt will also be produced this year. It would have been nice if they had mentioned the quantities of the in situ copper/cobalt.

[freedom97] 17/9/2019 07:50

"Copper

-- The existing copper leaching circuit has been brought on-line to process historical copper tailings as well as
third party sourced run of mine material, targeting the first plated copper cathode metal production during early
Q4 2019"

They already have copper tailings. Plus they have good revenue flowing in to pay for any future tailings if & when needed, so NO placing required imo.

[1madmarky] 17/9/2019 07:41

The RNS does state copper now up and running and more clarification on time lines... note lead has moved back into 2020, which is nice. The copper we are processing to start with is on site, I'm assuming we own it?

So not a completely pointless RNS

[deme1] 17/9/2019 07:38

The project is fully funded.

Yet i believe we will be buying copper tailings (just like with platcro) and that will require a placing.

Just cannot see why else we would be so stagnant.

[freedom97] 17/9/2019 07:34

"These additional sources of throughput have the potential to further extend the Project life beyond the 12 year life offered from existing tails alone."

[freedom97] 17/9/2019 07:32

The Kabwe Project

-- The Company is fully funded to execute the Project

[toobs1] 17/9/2019 07:23

"The Company is expecting the team to
grow to 200 individuals at full project capacities". This consultancy team is just getting bigger and bigger,expect consultancy fees well over 2 million pounds for 2019! Smoke and Mirrors !!! I told you the shafting is about to happen,LOL Leon is struggling to get the placing done,no one trust this clown show.

[deme1] 17/9/2019 07:12

pointless rns