Jubilee Metals Share Discussion Threads

[billyboy2fromiii] 06/11/2019 10:09

Hi Sharenotes,

Can you please expalin your comments regarding the Repo Market, and the appearance of MBS. I keep haring about the Repo Market but am struggling to understand it. Is this potentially a bad thing for general equity markets. I keep reading that the long running Bull market will soon come to and end. Could the Repo Market be the trigger for a 2008 style crisis? Apologies to others for the off topic question. Regards, BB2.

[sleveen] 06/11/2019 10:09

Undie I had hoped you could find a chrome chart as I couldn't.

PH explanation for the lack of one sounds right to me.

[plat hunter] 06/11/2019 09:39

You'll not find a reliable one Undie... Chrome is an over the counter jobbie, unlike the other metals quoted on the likes of Kitco.It's more about who you can sell it too and for how much.. Commercial relationships and commercial arrangements rather than a secondary market that you can trade liquid futures on.

[the bull] 06/11/2019 09:37

Is this the usual shorting before the share issue that comes with Colins companies

[plat hunter] 06/11/2019 09:36

All due respect Sleeven but I think you're judging the chrome tailings a little harshly. Chrome is a low margin high volume game yet, I was under the impression that the chrome tailings we have purchased is untreated surface waste and thus will undoubtedly be PGM rich too.less than 2 years ago that we needed a placing just to truck the Northam material, now we're spending circa 5 million a month out of cash for new projects and material.Cash generation here is out of this world and every deal struck will just increase the margins and revenue accordingly.

[undertaker] 06/11/2019 09:30

Chrome chart - if you can provide me a link - I'll add.

I don't see chrome on Kitco.com

[kryptonsnake] 06/11/2019 09:12

Plat is like a reprocessed slag down at the caravan park LOLsss

As soon as the fat man opens his mouth the share price will fall further


LOLsss

[the skipper] 06/11/2019 09:12

There ain't going to be an equity fundraising. It's project based funding i.e debt finance against project income and value. A pullback was necessary as the RSI had become a little overheated. Top up time now though imo

[deme1] 06/11/2019 08:24

With JLP seeming using the cash cannon (the confetti cannon now we comissioned), do we really see GLR getting a good deal off us?

We have so much to get on with now, I would hope that Leon stands up to Colin and tells him that JLP is now self funding and we do not need to be lenient on tolling deals. And that a 50/50 split should do it ;)

[deme1] 06/11/2019 08:12

Can we have a chrome chart added to the BB

[deme1] 06/11/2019 08:11

something really depressing about when your shares open down.

I hope we get some news on Windsor before Colin opens his pie hole on Thursday

[kryptonsnake] 06/11/2019 07:22

I agree Losta and his 30p prediction are pathetic LOLsss

Nelson won't make any money until it passes his 7p average

Sell now because this will fall heavily next week

Time to increase the shorts


LOLsss

[nelson01] 06/11/2019 07:15

Is that all you’ve got to say,Just keep on being a loser.

[lostabillion] 06/11/2019 07:14

SP will take off soon enough.
Personally I’d prefer on average a penny rise per month over the next couple of years rather than wild swings.
Should be a decent end to the week and year mind you.

[aceshi] 06/11/2019 06:04

You haven't made money until you sell.....have you been doing that, or are you confident enough in your own narrative to stick and wait for Losta's 30p+?

[sharenotes] 06/11/2019 05:14

Hi boris, if you have not done so already take a forensic look at the FED’s involvement in the REPO market and, in particular, the recent appearance of MBS’s being used as collateral. As long as the FED is willing to inject 100’s of $billions in this credit space expect a melt-up in the US stock market(simply need a weaker dollar to create the perfect storm). JLP wise, interesting times.

[boris cobaka] 06/11/2019 04:12

There'll always be someone prepared to sell into any price rise. It could simply be profit taking, or selling in response to some directive on sector holding, or maybe a cash call elsewhere. There's always plenty of reasons for a sale. The most important thing though is that the buying demand steadily increases, thereby offsetting the sellside pressure. One thing for sure though is that the share price will likely become quite volatile over the next few weeks especially when metals start to breakout which is likely to take place in the next week or so. Expect more traders to appear.
Gl.

[scrappycat] 06/11/2019 01:10

Can't see a takeover attempt succeeding. The EG have too much to lose in terms of dollar earnings.

[rescuer] 05/11/2019 20:59

anyone going to the presentation ??

[plat hunter] 05/11/2019 20:35

21 million for the Hernic material makes Kabwe look like an absolute a steel, Krypton got his pant's pulled down and was made to receive it dry... Don't forget, Kabwe is producing as we speak.

Could we get a project(s) update RNS tomorrow in preparation for Colin's big date in Mayfair