Jubilee Metals Share Discussion Threads

[kennyp52] 05/11/2019 20:02

Hernic 100% ... surely if the company has lending facilities the only logical conclusion is that cash flow thereby generated and existing cash will be used or otherwise the RNS would have had to mention how it was going to be funded ? Therefore no placing IMHO . We still don’t know just how much cash they have been generating. Figures please Leon .

[goingforarun] 05/11/2019 19:25

Trader? Doesn’t feel like a time to be out?

[gsg] 05/11/2019 19:21

A seller, checking out into the volume today, so not surprising that the price was static.

[rescuer] 05/11/2019 18:36

Losta - it's wide open,

someone will get this for now't -

sitting duck

[plat hunter] 05/11/2019 17:50

Lol Nelson...Dimitri

[nelson01] 05/11/2019 17:44

Just shows how stupid that moron is....first he was short and it went up about a penny, then he was long but sold out a few days later....then it went up another penny.....this was of course all fantasy....so since he has been deramping the share price has gone up 100%.....lol

[nelson01] 05/11/2019 17:02

The imbecile has been wasting his life while we are all making lots of money...lolls

[lostabillion] 05/11/2019 16:42

JLP is now a sitting duck for a takeover, most likely a Chinese buyer!

Update still to come this week from Leon plus Colin’s investor chat in Mayfair on Thursday.

I maintain my thoughts that we’ll hit north of 10p by year end and north of 20p by June 2020.

The growth is staggering!

[mutley walters] 05/11/2019 16:37

How did you get on with your short at 3p?

[kryptonsnake] 05/11/2019 16:34

This is going to do the downward dog next week

Jubilee has spent too much cash and will need to place this year

3p target


LOLsss

[billyboy2fromiii] 05/11/2019 16:07

Bullster,

Ive just read their report and your figure seems fair. So on that basis 9000 t per month equates to approx $1.08m per month so a payback period of 14-15 months?

BB2.

[bullster] 05/11/2019 15:46

.
.

I am getting $120/t from Tharisas recent results, cut back a little because of recent price weakness.

.
.

[adejuk] 05/11/2019 15:36

i know nothing
but this is a vg co to invest in.

[billyboy2fromiii] 05/11/2019 15:31

Bullster,

That should read £40 per t.

Regards, BB2.

[nelson01] 05/11/2019 15:27

It will be interesting to see how much production of pgms and chrome ramps up now that Jlp own the lot....I think Leon may have played it very cute over the last year or so.

[billyboy2fromiii] 05/11/2019 15:25

Hi Bullster,

Can you tell me where you are getting your $120 and $130 sales price for chrome concentrate from. Comment over on LSE is that it is only $40pt.

Thank you, BB2.

[adejuk] 05/11/2019 15:25

on that basis there is no reason to doubt 10p by spring.

[adejuk] 05/11/2019 15:22

it would be nice to have some audited £

[adejuk] 05/11/2019 15:21

agree plat. the future is bright. 2 more years and mid-cap :-)

[plat hunter] 05/11/2019 15:14

5 million for the PGM material and 16 million for the chrome tailings.So i make that 21 million, paid out of cash and cashflow over four months. No debt and no placings I think we're earning a lot more month on month than people actually realise.

[adejuk] 05/11/2019 15:11

traders all over this ?

[sleveen] 05/11/2019 14:59

Just got in from work and seen the RNS.

Looks like last week's Hernic acquisition for $5m WAS too good to be true as many had noted.
Now for a proper read.