Jubilee Metals Share Discussion Threads

[mutley walters] 01/11/2019 13:13

This not a pump and dump but a steady rise in advance of the company publishing its first profit in the annual accounts and in advance of next weeks first PGM income from the Windsor project. You do not appear to know what you are talking about please educate yourself and stop posting nonsence

[ginko3] 01/11/2019 13:02

Jeeze a bit of a rise and all the divvies crawl out of the woodwork

[jammydodger1] 01/11/2019 12:31

This a pump and dump on the back of EUA success They tried it with IRON which flopped yesterday And same will happen hereDnt come to EUA and compare this one

[boris cobaka] 01/11/2019 12:17

Bro I e out of the uptrend channel last week and now it's in a much steeper channel.
Rerate finally?

[deme1] 01/11/2019 11:57

round 2 on 4.5p

top up whilst you can

[rescuer] 01/11/2019 11:21

4.5 maybe Undertaker - no depth on the offer until 4.5.

[danieldanrichardson] 01/11/2019 10:24

Dare I say it... 'topped up'

[undertaker] 01/11/2019 10:21

5p by close today anyone?

[yangou] 01/11/2019 09:58

I like the chart formation. Looks like getting ready to make another move upwards.

[deme1] 01/11/2019 09:40

The share price is being well managed.

I think we cpuld just hit double digits in 2019 on the back of exceptional results coupled with really good project updates.

[gsg] 01/11/2019 08:00

Current insights from AngloPlats CEO re the PGM industry and mining in SA.

[boris cobaka] 01/11/2019 03:41

Well imo that 1mil delayed trade was a sell and explains why the share price has stagnated a little in the last week or so. It would seem someone is happy to offload at this level and as or until they've finished and/or buying pressure increases it might hold the share price up a bit.

I'd be watching the plat price closely. It broke out just over a week ago and looks to be on it's way to finally regaining 1000oz.

Nfp's out later. Gl.

[mick1909] 31/10/2019 23:06

Thanks for that link so a potential 70m oz pgm that is a big resource

[shotbybothsides] 31/10/2019 23:00

They even talk about open pit mining for the primary resource !

will maybe need to look into this a bit more - derampers always banged on about the depth, maybe I shouldn't have been so quick just to take their word -

The scoping study carried out in 2007 showed it could be economically feasible to build a mine at Tjate, at a cost of around $470m, producing a mix of platinum with nickel and copper. The primary platinum resource there would support large scale open pit mining

hxxps://www.stockopedia.com/content/jubilee-platinum-going-for-broke-with-tjate-33282/

[shotbybothsides] 31/10/2019 22:50

Keep hearing about it being a very deep mine , but doing a bit of research - found extract below from a Stocokpedia article -

The geology looks good - Tjate is downdip of existing productive mines, Marula and Twickenham. It also looks to have a high contained value per tonne of ore, second only to Northam, and well ahead of other mines such as Amplats and Eastplats [4] , while being a comparatively shallow resource it should have lower costs per tonne than most [5] - it's 600 to 1,200 metres in depth compared to as much as 2,000 metres at Northam and Impala deeps, and against an average 1,800 metres at the majors' new shafts.

[mick1909] 31/10/2019 22:46

Does that make it difficult to mine? Are you invested in SRB?

[freedom97] 31/10/2019 22:40

Plat, re. "Previous RNS data shows that results always have a negative effect on the share price the day of release." That's because they always showed a NET LOSS! If the audited results show a maiden NET PROFIT! this time, then I think we will see a nice blue close that day.

[plat hunter] 31/10/2019 22:32

If that's what you're interested in Mick... JLP have the rights to the worlds largest platinum deposit.It is also the deepest.

[mick1909] 31/10/2019 22:29

How much resource does JLP have? Compared to EUA alleged 15m oz palladium

[rescuer] 31/10/2019 21:18

usually the case Plat - and even more so when it's AIM and a MM driven mkt - HOWEVER - there's no substantive rise, as yet, in the lead to results (yes there's still a couple of weeks to go), the fundamental value is now greater than the current SP, I believe this will be borne out once the new broker notes are issued, which will offer up a PT greater and twice that of the current share price as a minimum.

I've highlighted to all on this thread since taking my position in March, I know NOTHING about this sector - or even understand anything about the process and production of the products, what I DO know, is the company is fundamentally stunning, the fact we are now cash generative and this will be highlighted in the results.

I like the conservative approach from many posters on this thread, yes it would be great to treble our money tomorrow, but it would be mush better if we rose slowly and without spikes, a nice steady rise over the next 18 months, once all our Ducks are producing to the full.

If I can also thank Bullster for all the updates on "basket prices" - it may mean nothing to me, but informative and it also allows for debate on where our share price could head.

thank you

r

[plat hunter] 31/10/2019 20:13

Previous RNS data shows that results always have a negative effect on the share price the day of release.

[goingforarun] 31/10/2019 20:04

Good to see a lot of people buying in. Could pop after the results/update next week!

[rescuer] 31/10/2019 19:11

the 1m trade reported late was a buy.

Wins have been miles off the bid / offer all day - then moved to the bid at 16:08 -

indicating it was a worked buy.

IMHO of course