Jubilee Metals Share Discussion Threads

[lostabillion] 28/9/2019 11:53

Thanks for sharing GFAR.

Looking forward to a solid steady rise as Jubilee enters this really exciting phase.

[goingforarun] 28/9/2019 10:31

From LSE:



from 10.35m on ~ JBL (JSE)
Looking positive :-)

[robers98] 28/9/2019 10:22

Nice steady progress this week, would be good if there was some recognition in the general weekend press.
That would then make it interesting for the background buyer, if the general market volume picks up.
No broker note from the new broker or further website pictures which is a little disappointing if they are looking to increase the PR.

[goingforarun] 27/9/2019 21:57

Be interesting whether JLP have got the nounce to show their making more from these prices, or as per usual, completely ignore it!

[gsg] 27/9/2019 17:44

Palladium spiked to all time highs again today. Hit $1694 earlier. Currently $1688.

[deme1] 27/9/2019 16:46

solid performance from JLP this week, long may it continue

[plat hunter] 27/9/2019 15:56

Think about it for a second.. Goldi selling his millions of shares actually increased the share price

I wonder what really happened there???

[plat hunter] 27/9/2019 15:53

Less than you might think GFA... The short term issue is that the buying atm is all off book, there are no open market trades.

this effectively means that when weak hands sell via the broker, the broker is essentially just moving the shares internally from one beneficial account to another and then retrospectively transferring them once more to the beneficial account of the new owner.

This is how large transaction of shares are carried out without moving the price. Nothing wrong with it whatsoever, it's just a consequence of the shares being held electronically (CREST) in the name of a registered holder for and on behalf of a beneficiary.

Brokers have up to 10 days to report these transactions to the exchange which means they can collate and reconcile many smaller transactions and aggregate them for the new owner.

Once the weak have been eliminated, the only way to accumulate off book would be to increase liquidity via a placing. Without a placing or a constant supply of weak sellers, the buy side of the transaction would be forced to go to the market for a quote.

[goingforarun] 27/9/2019 15:23

Just wonder how much buying is going to be needed to break through?

[plat hunter] 27/9/2019 14:53

Well 3.6 isn't happening this week, perhaps next week.

Fingers crossed

[frogkid] 27/9/2019 13:43

Class shopping

[nelson01] 27/9/2019 10:36

I think he might need an ambulance too after spinning away 20k

[plat hunter] 27/9/2019 10:36

He was last seen window shopping some Elizabeth Duke from the argos display unit in Hounslow

Goldi-looking chain

[frogkid] 27/9/2019 10:31

Anyone seen Goldi ?

[gsg] 27/9/2019 10:08

PH. I believe BMR have some contacts on ambulance procurement.

[nelson01] 27/9/2019 10:02

I think the muppets might need them when they see the 4th quarter update.

[plat hunter] 27/9/2019 09:59

Anyone know where I can buy a couple of ambulances?

[nelson01] 27/9/2019 09:46

You can buy a lot of copper tailings for $5 million

[nelson01] 27/9/2019 09:37

So let's take 100,000 per month off for consulting fees so just $4.7 million better off by Christmas.

[nelson01] 27/9/2019 09:32

Why do you doubt it. The pgm grade at Windsor has doubled so will bring in at least 1.2 million per month. Windsor chrome half a million per month profit. That's not including anything from hernic or dcm.

[aceshi] 27/9/2019 09:25

I very much doubt it. But if so, just in time for managements Xmas bonuses, or perhaps settling the consulting fees bill.

[nelson01] 27/9/2019 09:15

So with Windsor and heroic jlp should be around $5 million better off by Christmas.

[nelson01] 27/9/2019 09:12

Lots to look forward to next quarter. Full higher grade production from Windsor, first production from Kabwe.Should put another $3 million in the bank....no need for any placing.

[kennyp52] 27/9/2019 09:06

Oops Plat... I love the way you ridicule then make an argument that you can average down on a rising share price . Never mind .. I was Only making the point that it is mathematically impossible.

[kryptonsnake] 27/9/2019 08:53

"At least one institution been accumulating here for months, just in small volumes each day so as not to spook the share price "

God forbid they would want to spook the share price. They need to keep it low for the next placing LOLsss

You know what happened when Miton bought in around 3.6 in a placing, then the share price fell to 2p. Institutions will continue to be disappointed here I don't know why they bother


LOLsss