Jubilee Metals Share Discussion Threads

[deme1] 25/10/2019 08:40

it's nice to see more trades go through in the first hour than we normally have all week lol

[kryptonsnake] 25/10/2019 08:35

Leon said they were close to being self funding. Big difference

A placing is still in Colins cannon


LOLsss

[bmnsa] 25/10/2019 08:27

Well done Plat:)

[mikebolle1] 25/10/2019 08:25

Already 580k shares traded on the jse, jbl up 7.89% for the day so far...

[gsg] 25/10/2019 08:22

L2 gone south for the mo.

OK I'm off to do something else for the day. Watching this can drive you nuts.

[fozdad] 25/10/2019 08:19

Hernic alone is now generating operational profits of 1.4 million per month. Throw in Windsor PGMs which aren't far short of Hernic and the cash generated from Chrome, copper and acid, the $3 million in January should be easily covered

[nelson01] 25/10/2019 08:10

Also Leon would look pretty stupid if he made a point of saying we were self funding just a few weeks ago and then raised more money for sable...imo no chance of placing unless for massive new project

[1madmarky] 25/10/2019 08:09

Someone sold at 4p... each to there own but... why?
Leon is working steadily through the outstanding issues, it's just getting better all the time.

[sharenotes] 25/10/2019 08:02

Reasonable assessment, sleveen.

[1madmarky] 25/10/2019 08:02

Sleveen- they should be making that in cash every month from now on at a minimum.

[nelson01] 25/10/2019 08:01

The money for sable has been in the bank for months and we have months of production from Windsor chrome and PGMs, I don't think there is any need for placing.

[sharenotes] 25/10/2019 08:00

As a side note; there is significant effort being undertaken by the Fed to both prevent an inversion in the bond market and a general credit freeze. This is largely flying under the radar, but it will make the PM markets twitchy – watch this space.

[sleveen] 25/10/2019 07:58

sharenotes

$3m is due in Jan 20 as part payment for Sable plus incidental cap ex.

I suspect "cash resources" may need topping up with a small placing say £2m (@4p?.

Just being realistic given JLP history over the past 2-3 years.

[frogkid] 25/10/2019 07:09

I just wish your outrageous predictions would be correct just once Losta!

[sharenotes] 25/10/2019 06:53

The most important aspect of the Hernic deal is ‘... and will be settled from Jubilee's cash resources.’ This says it all really.

[1madmarky] 25/10/2019 06:37

That would be VERY nice, however this is JLP so anything is possible.
However it does give us earnings security for the next 2 to 3 years.

[lostabillion] 25/10/2019 06:31

Woke up this morning to a ping! Email came through from JLP regarding Hernic 100%.

There was me thinking I’d just had a very good dream.

Is Jubilee going to fly through 5p and end up north of 6p today?!?

[robers98] 24/10/2019 23:37

From Hernic page on JM website.

Access to estimated 3Mt of historic chrome surface tailings, containing est. 224,000oz of 3PGM + Au

Further 17,000t per month of platinum rich material being added by Hernic

[mutley walters] 24/10/2019 22:08

Deadaloss I am too busy working out how much I made today to read your bitter puerile garbage

[nelson01] 24/10/2019 21:05

Yeah right....course he has...lol....he̵7;s a bitter troll, read his previous posts.