Jubilee Metals Share Discussion Threads

[plat hunter] 15/11/2019 21:45

"Storing energy in hydrogen 20 times more effective using platinum-nickel catalyst"Https://www.sciencedaily.com/releases/2019/11/191114141244.htm

[plat hunter] 15/11/2019 21:22

Nail on the head Krypton, couldn't agree more. That's how it's done though... 30p will still be a ten bagger for most here regardless of the number of issuance. Go and check how BMN 10 bagged

[robers98] 15/11/2019 21:03

Good time to join the market as a chrome producer.

[kryptonsnake] 15/11/2019 21:02

Where does it say anything about Kabwe?


Net cash from investing activities

2018 - 1.7 million
2019 - 13.4 million

Net cash from financing activities

2018 - 2.6 million
2019 - 20.9 million


Just shows how much Jubilee are fleecing investors for money to spend on assets. That's a massive jump in spending on assets and Leon is only just getting started


I fear more dilution to come


LOLsss

[gsg] 15/11/2019 20:45

The global ferrochrome market size is anticipated to reach USD 28.83 billion by 2030, expanding at a 4.6% CAGR during the forecast period, according to a new report by Grand View Research, Inc. The market is mainly driven by demand from booming stainless steel industry especially in Asia. Stainless steel industry accounts for roughly more than 75% of the FeCr consumption in the globe. China, being the largest stainless steel producer is therefore also the biggest consumer of FeCr.

[sleveen] 15/11/2019 20:29

FFS read the accounts timmy.

It's a Kabwe bonus.

[bullster] 15/11/2019 18:39

.
.

timhigginson,

Where has this talk of a £5m clawback come from ?

.
.

[the skipper] 15/11/2019 18:21

Leon has had part of his salary paid in options for several years and now has 23 million exercisable at various prices from 1 to 6p. As far as I can establish from the annual report he now receives his salary in full and received no options last year.

[timhigginson] 15/11/2019 17:58

the clawback of the 5m can only have come from a previous write off. The only write off of substance of which I am aware was the Australian nickel Braemore fiasco of which Colin said "they will not get away with it".

No doubt the answer will emerge shortly.

Meanwhile, the results were pretty much in line but the future has improved considerably. If Windsor and Inyoni are producing 7.5k oz pgm per month then we are already level with SLP but have Kabwe and chrome as well. This reinforces my view that the share price will be 8-10p this time next year and double that again by Nov 2021. Sometime before that I expect a really big capital raise which ideally double the size of JLP.

The cashflow over the next few months will be stonking and I would like to see Leon keep his word about a buyback in the last quarter of this year however small: it is important to do what you say you are going to do!

[kryptonsnake] 15/11/2019 17:19

Losta, I hope you have plenty of money for top ups because this will be sub 10p for a long time

More placings to come next year

You've already got too much in here. I hope for your sake the company doesn't run into any difficulties


LOLsss

[kryptonsnake] 15/11/2019 17:17

I was the other party. I offered 3.7 and was told to do one

Nevermind. I'll pick them up this year when the price falls below 3.7


LOLsss

[sleveen] 15/11/2019 17:16

Skipper

Fair and reasonable interpretation.

[frogkid] 15/11/2019 16:59

I don't disagree losta

[lostabillion] 15/11/2019 16:57

Frog - 2020 onwards is going to be huge for JLP and their shareholders. The figures that Leon is slowly revealing are mind boggling and that’s without Kabwe or Tjate.

The market hasn’t grasped it yet plain and simple.

I’m thankful at still being able to accumulate at these levels.

I wish you well, LAB

[rescuer] 15/11/2019 16:50

have a great weekend all,

thank you Skipper - great posts.

reet off to see ACDC GB and get my ears bleeding

press coverage at the weekend !

[the skipper] 15/11/2019 16:43

I'm not sure if that was the case sleveen. Just the fact that they didn't want to dilute shareholders further by taking on both offers, so they went for the better name who will hold for the long term and the divis which will follow. I think we can say bye bye to AIM in couple of years time and get into the FTSE 250 once the divis start flowing

[frogkid] 15/11/2019 16:38

You're a dreamer Losta, but I like you !

[lostabillion] 15/11/2019 16:34

Not only that Bull but imagine what will happen to profits when metal prices start to take off which every one and their dog seem to be predicting!!!!

This share is a keeper.

20p during this coming year imo and much higher in 2021.

We are so fortunate to be buying at these levels trust me.

[sleveen] 15/11/2019 16:32

AceHi

It might be that one of the II offered a low ball sp, whereas the other offered 4p placing price.

[the bull] 15/11/2019 16:24

75% margin is magnificent.

[kennyp52] 15/11/2019 16:20

Because he only gets paid £30k a year and can’t afford any more ?