Jubilee Metals Share Discussion Threads

[deme1] 14/11/2019 13:38

So F/C to be rolled out at all sites.
F/C must now be a proven process.

Theoretically IF when we get kabwe on stream, coupled with windsor, hernic, dcm THEN we should be able to self finance even the biggest of projects.
Possibly even Tjate

[alwaysevolving] 14/11/2019 13:36

So much for them buying back shares! LOL. It seems like Colin will never retire his confetti canon. That man never does us any favours with his misleading statements.

What ever happened to funding from organic growth and the $50m project funding facility?

Looks like another 6 months before we breach 5p then?

[niloc4] 14/11/2019 13:36

I was correct about the confetti. Leon you are so predictable. Rinse and repeat

[goingforarun] 14/11/2019 13:34

Just tells me that the next time CB and LC are in London together sell because you can buy back cheaper a week later!

[boris cobaka] 14/11/2019 13:34

How to take the gloss off a decent set of results...

[sleveen] 14/11/2019 13:32

Again from the balance sheet in todays AR.

start 2018 debt £3m interest cost of £1m, start 2019 debt £12m interest cost of

...£4m probably?


Earnings = EBITDG&A

[the fat controller] 14/11/2019 13:31

So who bought them?
Do we, the PI holders, get a chance to participate?
Do they have a lock-in period?
We should be told.
TFC

[niloc4] 14/11/2019 13:30

Aaaaagghh! Back to normal. Issue more shares Leon..That's what you always do. It shouldn't affect your shareholding....27400 shares. WHEN ARE DOING THE SHARE BUYBACKS. TRUST IS ANOTHER WORD YOU MISUSE

[rescuer] 14/11/2019 13:28

so based on the number of shares in issue / the asset value and the corrected figure from Sleveen, that underpins the company at 5.3p without future earnings factored in.

happy days

r

[rescuer] 14/11/2019 13:28

so based on the number of shares in issue / the asset value and the corrected figure from Sleveen, that underpins the company at 5.3p without future earnings factored in.

happy days

r

[9tintin] 14/11/2019 13:26

Colin never fails to disappoint - just when it looked like things were on the up.

IMO JLP will take months to recover the credibility it 'appeared' to have earnt.

Could have gone the debt route surely, but no - more confetti !!

So disappointed.

tintin

[cernunnus] 14/11/2019 13:26

I thought it would be at 4.5p. I expected this, fast growing company now, not put me off at all

[sleveen] 14/11/2019 13:25

"The proceeds of the Placing will be used towards the completion of the chrome and PGM transaction at the Company's Inyoni Operations as announced on 24 October and 5 November 2019"


I told ya'll that there wasn't enough cash to fund the latest acquisitions fully.

[boris cobaka] 14/11/2019 13:25

100 mil here, another 100mil there and before you know it we'll have 2 billion shares.
I guess it's another way to grow a company. Just let the share price stagnate a few years but keep the printing presses going. Some knew.

[rescuer] 14/11/2019 13:24

all good, now fully funded.

and YES Deme1 - agree with you, company needs organic growth only now.

[kryptonsnake] 14/11/2019 13:24

TYPO JUBILEE NOW 4P

LOLsss

[deme1] 14/11/2019 13:22

What does annoy me is JLP cannot help themselves.

I remember Colin once saying

"once DCM and Hernic are fully functioning, we will grow organically"

I really hope they do not buy anymore projects or tailings until they can fund entirely out of CASH ! ! ! ! !

[sleveen] 14/11/2019 13:20

I said 4p about 2 weeks ago, sharenotes will remember.


All the PR can only mean one thing a placing.



ramnik007, its in the AR 2019 I previously posted the link.

[deme1] 14/11/2019 13:19

so placing at 4p
not far off that now, but will touch that price no doubt.

Atleast we now know what has pinned the price and also that we are now fully funded to roll out fine chrome at all projects, and to build all aspects of kabwe.

[kryptonsnake] 14/11/2019 13:18

What did I say this morning LOLsss

PLACING AHOY

You're lucky it wasn't 3.7p

Short in profit


LOLsss

[greenelf] 14/11/2019 13:16

Placing lol. They just can't help themselves....

[gsg] 14/11/2019 13:16

I'm still intrigued by the Tjate comment. Bit of a tease, but why put it in if there was nothing to report?

[deme1] 14/11/2019 13:16

There it is, the dreaded PLACING ! ! ! !