Jubilee Metals Share Discussion Threads

[bullster] 05/11/2019 13:34

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Thanks Goingforarun, i have amended.

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[goingforarun] 05/11/2019 13:16

Bullster, it’s 3 months not quarters?

[bullster] 05/11/2019 13:11

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£12,713,310 to be paid in 3 installments

£4,237,770 per month

Don't forget that JLP will regain the 85% share of the pgm's, that was due to be given away and would be worth £1.1m per month at current levels.

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[alwaysevolving] 05/11/2019 12:04

Deme, if you just change the xx to TT your links should work. Shame for peeps not to read these finds.



That being said, this one made me laugh!

[nelson01] 05/11/2019 11:41

If you just stop and think for a moment about the growth of this company ove the last three years it’s really quite incredible....if you look back to the seventies and what happened to the share price of mining companies Jlp would already be 20p plus on forward earnings. I remember back in 2010 being involved in a company that’s share price five folded in two weeks and they didn’t even make a profit

[nelson01] 05/11/2019 11:34

I feel sure that 2020 will bring a deal for Tjate.

[nelson01] 05/11/2019 11:33

And of course Tjate for nothing...lol

[nelson01] 05/11/2019 11:30

If you add in DCM and Kabwe you can see where losta gets his 30p from.

[deme1] 05/11/2019 11:30

Hernic £33mil
Windsor £18mil
Kabwe ?

So over £50mil a year in two ofg our 4 projects

[nelson01] 05/11/2019 11:28

And Windsor pgms conservatively 12 million per year
And Windsor chrome 6 million per year= 18 million per year

[deme1] 05/11/2019 11:20

So Hernic alone could be producing just short of £33 mil a year!

[bullster] 05/11/2019 11:18

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"Jubilee owns and operates a chrome and PGM processing facility at Inyoni with a processing capacity of 55 000 tonnes per month. The facility currently produces up to 9 000 tonnes of saleable chrome concentrate and 2 250 ounces of PGMs per month".


Inyoni lmpy-ch 9k t @ $120/t = $1,080,000
Inyoni fine-ch 8k t @ $130/t = $1,040,000
Inyoni pgms-4e 2500 oz @ $563/oz = $1,407,500


INYONI EARNINGS PER MONTH
$3,527,500
£2,734,165

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[deme1] 05/11/2019 11:12

hxxps://darbydigitalnews.com/jubilee-metals-group-lonjlp-share-price-crosses-above-50-day-moving-average-of-3-51.html


Almost chartered a flight to high five Losta when I first saw the price they put in the article.

[scrappycat] 05/11/2019 11:11

GSG,

Probably T Traders on a 10 or 20 day contract. They will have done well, and will be happy to take a profit. Some may well buy back in, once they are convinced the fall has run out of steam.

[gsg] 05/11/2019 10:59

Someone wants out, in 500k increments. IMO the fun part is only just beginning.

[plat hunter] 05/11/2019 10:49

Ordinarily, i'd be top slicing now but that spread suggests something else is to come and so does that RNS coincidentally.

[kryptonsnake] 05/11/2019 10:33

bad news. it's costing $11 million more than Leon said

Placing at 3.5p?

Much of the recent rise was on the back of Eurasia mining

This will be sub 4p after results


LOLsss

[the skipper] 05/11/2019 10:13

The term 'project funding' is very specific i.e. lending against the value and income stream of that project. Equity based funding provides a stake in the overall company so I think it can be ruled out here.

[alwaysevolving] 05/11/2019 09:59

Leon must have known that any uncertainty in the wording of that RNS re funding given their history of placings would put the breaks on the share price even though it was made clear the majority funding would come from cash and cash flow.

If they had simply added that no share placement would be required for the balance (if that’s the case of course) then I recon we would be north of 5p by now on that RNS.

[the bull] 05/11/2019 09:55

Losta's share price predictions are never a reality (sadly)

[1madmarky] 05/11/2019 09:54

On the credit card facility, thought it could only be used for plant etc not piles of tailings.

As for the facility, I would have thought it'll still be there but it would cost less now as we are better positioned

[scrappycat] 05/11/2019 09:54

deme,

Leon might be asked, but he will not give an answer, since it would surely be deemed price sensitive information, and cannot be revealed in a webcast, only a RNS.