Jubilee Metals Share Discussion Threads

[plat hunter] 20/1/2020 13:58

5.75p target i reckon.

[plat hunter] 20/1/2020 13:43

No didn't dump... I let a few G's out on the placing RNS but only top slicing to buy back in around 2 weeks ago.Tiny profit on the whole deal. I'm here until midcap

[adejuk] 20/1/2020 13:43

maybe, just maybe it will break through this time and consolidate

[deme1] 20/1/2020 13:42

Yes Robers

The share price that is.

[robers98] 20/1/2020 13:40

Something up

[the bull] 20/1/2020 13:34

Did you buy back then Plat, i thought you dumped

[plat hunter] 20/1/2020 13:20

That's the neckline filled, come on

[nelson01] 20/1/2020 13:06

Snake...how much are you down on wres and how much did you lose on bmr.

[mutley walters] 20/1/2020 12:25

Sorry snake too busy counting my profits to listen to your bitter garbage. Those losses at WRES must be hard to take whilst Jubilee goes up

[dekle] 20/1/2020 12:23

You may well be right on past history

[kryptonsnake] 20/1/2020 12:16

Sell up and buy something better like WRES or Sylvania Platinum, I did

This won't break through 5p. Colin and Leon don't care about shareholders. They don't have any skin in the game and will destroy shareholder value with more dilution and project delays


LOLsss

[rescuer] 20/1/2020 11:46

CSTE have fled to 5p.

thats a great sign -

r

[dekle] 20/1/2020 11:46

I have been in this share for a long time and hope I'm not being fooled by the latest rise of the bottom. It does appear to sustain. I bought some more today to average down and fingers crossed it will continue.

[the skipper] 20/1/2020 11:41

Just to add to what others have said JLP's share price reached a peak of around 123p in June 2007 on the back of the Tjate discovery and the fact that at that time Platinum was in a raging bull market. This chart shows how the market tanked just after that, recovered quite a bit of lost ground and then tanked again until it bottomed around August 2018:

During that time JLP transformed from being an explorer to a significant producer of chrome and platinum but it's taken a lot of cash to get to that point, hence the dilution, and why some have become conditioned to expecting more of the same. Should another attractive tailings stockpile present itself further dilution can't be ruled out here, but it will soon become a thing of the past as revenues are growing exponentially here and if the longer term bull market in PGMs is now embarking on its next leg up then exponential growth in the share price can be expected imo, expecially with the company's largest project at Kabwe/Sable Zinc yet to start contributing to revenues.

The update which is anticipated within the next fortnight or so should amply demonstrate growth in revenues and earnings, and hopefully provide some insight on maiden production and the volumes which can be expected from Kabwe and Sable Zinc, and that might well put the company on the radar of funds which have yet to dip a toe into these waters . Against that background I have no fears regarding the impact that a further dilution event to acquire another project might have. In the longer term it would just look like a tiny blip on a very bullish chart imho.

[rescuer] 20/1/2020 11:07

1 v 5 at the mo, with the placer's now on the offer CSTE 4.5.

[scrappycat] 20/1/2020 10:23

pshevtin,

Many on this board have forgotten, or perhaps never even knew, that in fairly recent times, JLP totally changed its Business Plan, and went from a metal exploring company, to a metal producing company - without opening a single mine. Quite an achievement IMO. The dilution largely resulted from this transition, but, again IMO, has produced quite remarkable results, and with a relatively small amount of dilution for an AIM listed company. DYOR. I don't think you will be disappointed, and make sure you listen to the Crux interview.

[rescuer] 20/1/2020 10:13

always - i hope they do a share buy back upto 5% of the float, put them in treasury.

as for "The Cannon" yes historically they issue like confetti, but our "pie" gets bigger

I'd be very disappointing if they were to raise again, on the back of High PMG prices and the fact we are now cash generative - a year of consolidation is what's required.

looking forward to the update - early Feb so i gather.

a break above 4.5, and that's us in a new trading range.

r

[pshevlin] 20/1/2020 09:56

Thanks for that deme and Always.

[alwaysevolving] 20/1/2020 09:51

Pshevlin, Colin “The Cannon” Bird, loves to wheel out his big gun and give it a good blast at least once a year. The market now expects this and is one of the reasons the share price has remained in the Doldrums as you say.

Hopefully with some of the increasing revenues they may follow through and actually buy a few shares back instead of issuing more which i feel would help where the share price is concerned. Just IMO.

[1madmarky] 20/1/2020 09:45

4.5.... or was that just fat fingers?

[frogkid] 20/1/2020 09:29

I should add that I have been a holder since then !

[frogkid] 20/1/2020 09:16

First up is the sheer number of shares in issue...