Jubilee Metals Share Discussion Threads

[plat hunter] 06/11/2019 20:55

That was a good deal that... 21 million might seem like a lot but it derisks the company and done so with cash. 8p inbound then higher when we have a full year of Windsor, Kabwe and 100% of hernic and chrome on the books to forward to.That's why it cost 21 million.

[plat hunter] 06/11/2019 20:16

Krypton also lumped in on AEX at around 4p I believe, currently around 1.2p

[kryptonsnake] 06/11/2019 20:10

I would screenshot but I don't know how. Must be too old for all this technology LOLsss

I will be entertained when Colin crashes the share price tomorrow


LOLsss

[plat hunter] 06/11/2019 19:45

I like that "Entertainment by Colin"

[deme1] 06/11/2019 19:09

Something needs to be RNS's other wise Leon runs the risk of Colin blurting out price sensitive info.

[plat hunter] 06/11/2019 19:05

What the chances of the full year being posted tomorrow?Colin can then go to town with that in his back burner.

[adejuk] 06/11/2019 19:00

go short krypton and post a screenshot
or
stfu

[nelson01] 06/11/2019 18:25

Krypton....have you ever made money on a share trade....so far you have been 100% wrong on everything....Jlp has doubled while you have been slagging it off...bmr,has delisted and is going bust, wres is 30%down....lol not a very good investment record.

[plat hunter] 06/11/2019 18:03

yet share priced doubled.. Bring on as many 30% dilutions as you want if it's going to double the share price each time

How's wres going today, anyone looked in on that recently lol

[kryptonsnake] 06/11/2019 16:53

Jubilee have spent cash raised to pay for sable. Bad move

Remember when they pulled your pants down and diluted the company by 30% to pay for sable? And costs will continue to mount up. The debt for sable will be converted into shares

Colin will need to roll out the confetti cannon soon

you've been warned


LOLsss

[goingforarun] 06/11/2019 16:53

The alternative would be, results, maiden profit, good interview by Leon, entertainment by Colin, 5p Friday!

[kryptonsnake] 06/11/2019 16:49

Broker notes LOLsss who takes any notice of those?

Losta's 7p and 10p targets are looking very unlikely for this year

Anyone top slicing at 4.5p and above made the right move

Group profits will be £0 for the year

Share price will drop when Colin opens his mouth


LOLsss

[lostabillion] 06/11/2019 16:15

Leon’s update first thing tomorrow followed by Colin’s investor presentation in the evening?!?

Full ask being paid now.

PS Frog- Well done for transferring to your S & S ISA, good timing imo.

[scrappycat] 06/11/2019 15:57

Fair comment, if it was edited.

[aceshi] 06/11/2019 15:52

When you got CB presenting to the market and you dropping 21mil on an average deal, like it's candy, something has got to give.

[scrappycat] 06/11/2019 15:27

To be fair to Deme, he did post 'a few million share buys going through' NOT pounds.
AFAIA concerned, he is right in that conclusion, but unlikely to happen.

[bullster] 06/11/2019 15:19

.
.

£5,768,000 cash and cash equivalents at the beginning of 2019
£2,000,000 full year group profit (estimated) by end of june
£4,000,000 july,aug,sep,oct group level profit (estimated)

Possible cash available at start of November £11,768,000.


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[eblitz1] 06/11/2019 15:17

Yes Demme
Your intelligence holds no bounds A couple of million quid will make the share price go up.............???

[sharenotes] 06/11/2019 15:09

"I think if we were to see a few million pound buys going through, then you would soon see a 10 - 20% rise imo" - Duh!

[deme1] 06/11/2019 15:03

I wonder if these "top slicers" will be able to buy back the same quantity without the price pushing past their sell price.

I think if we were to see a few million share buys going through, then you would soon see a 10 - 20% rise imo

good on them for solidifying their profits, i have to admit they have bigger balls than me.

[lostabillion] 06/11/2019 15:01

7p Bull - 10p by end of year.

[nash81] 06/11/2019 14:55

how come we are down? broker target should they revise up on higher palladium /platinum price, will means our target share price will be nearer 10p.

[sharenotes] 06/11/2019 14:33

Hi billyboy2fromiii,

Unfortunately, this is not the board to get into too many details on the inner workings of the REPO market. In general terms, the FED needed to step in because something was gumming up the works – basically a financial institution(s) wanted quick access to liquid funds and whatever collateral they were offering was not well received. Interest rates spiked. This affects confidence and could easily lead to a credit freeze – with counterparties being hung out to dry. Now there is not total transparency in these markets (we don’t know, for example, who the original stressed financial institution(s) was, although I do have a strong suspicion, but it is speculative). The next best thing we can do is to see what collateral is being offered up. I just noted that MBS’s are now resurfacing again, although such info is not readily available if you do not know where to look. The main stream is not reporting it, but that does not mean it’s conspiratorial in any way.

In the past, many MBS’s have been described as toxic assets. In my book, a toxic asset is not an asset at all, but a liability. Notwithstanding, the FED is treating them as an asset when other financial institutions would not. Is this bad for equities? The simple answer is ”no,” quite the opposite. Does the rise in equities reflect the true nature of the economy? Again, the simple answer is “no.” If you operate in these markets, economics 101, true price discovery, supply and demand dynamics and so on are for the birds. The rules are somewhat different, but this would get way off JLP, as it has already.

PS, like some others, I sold a few JLP shares (circa 1.5M shares) a few days ago, but still hold many.

[bullster] 06/11/2019 14:25

.
.

We already know most of the full year figures.

First Half
revenue £8.22M : earnings £3.83M : Group Profit £0.76M

Second Half
revenue £14.36M : earnings £5.64M : Group Profit £?M


If we look at the first half figures, we can deduct that out of £3.83 earnings we are left with £0.76M group profit. This tells us that group deductions were £3.07M.

For the second half, if we deduct the same £3.07M group cost from the £5.64M earnings figure, we get £2.57M.

£0.76M plus £2.57M gives us a GROUP PROFIT £3.33M


WARNING : Many factors can effect this figure, which cannot be anticipated.

Growing workforce costs.
Profit taken to pay for assets.
Options and other jiggery pokery
etc,etc.

knock £1.33M off to be on the safe side

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