Jubilee Metals Share Discussion Threads

[mikesurtees] 26/1/2020 18:31

As for fish tanks….. my wife has fish [ I pay for she looks after ] I read this blog and cry with laughter at the fools locked into a
dog of share...and cannot afford to sell without losing money ? Thats your fault for not listening to facts ? Now why not you stop
hitting the honest punter and start digging and looking for a better investment ?
Best Regards.

[1madmarky] 26/1/2020 18:19

Must be a good time to buy!



Losta... not enough

[mikesurtees] 26/1/2020 18:16

Hi Palt honey, I am so sorry I cannot put into writing what I mean without upsetting you, and that you think I am
wrong to investigate and divulge my findings here on the board for further discussion. I except your words even
when Bird seems to be telling you inside information, because who am I to stop you telling your diatribe to several
thousand readers of this blog. all who have their own ideas and form conclusions from every word you utter.
God bless you my friend, and I hope your choice of action when the final RNS hits the net is the correct one. Regards.

[plat hunter] 26/1/2020 18:11

How's your Aquarium Mike?

[mikesurtees] 26/1/2020 17:58

Colin Bird has been the controling influence...including the direction of funding......Leon is a puppet in this respect.....We are not required now
as the set up has occured......until the next placement.......nice one aye ? ...The whole
market is telling you about Bird and his companies......hence the static share price ......start digging more on Bird.....and you will open your eyes more......Regards.

[mikesurtees] 26/1/2020 17:55

Ive been keeping a close eye on JM. Am in a syndicate ...workers close to Kabwe have reported nothing is happening on the ground.... Mr Bird has been deceiving shareholders with his lies.... Where is all the
money in Kabwe gone ?
BMR is going in to admin ..... A sea of red is on its way for JM.... [ I’m not talking about chumming for shark ] Posters on here [ Plat Hunter, Leons cheerleders ]
continue to lie
and deceive on these blogs..... the share price is static because the world and his dog knows Bird cannot be trusted.
Regards

[plat hunter] 26/1/2020 17:36

Tim...Equally good story in Mexico for hydrogen and by 2025 all london busses are also supposedly meant to be fuel cell powered

[timhigginson] 26/1/2020 17:21

Judging by the share price increases in CWR and in Canada BLDP and ITM it looks as though fuel cells are beginning to take off as a practical alternative. Weichei have invested heavily in CWR and CLDP and are selling 000's of buses in China. Europe is beginning to catch on with Van Hool also starting to sell Fuel cell buses. Toyota has a fuel cell car on sale. The rate of progress in this area is much faster than I had anticipated as I have been invested in the above for several years and it has been a slow take off but now seems to be the time. BLDP does use some platinum but CWR has a steel fuel cell.

[danieldanrichardson] 26/1/2020 16:42

Imaginary or real?

[lostabillion] 26/1/2020 16:21

How many shares do people hold in JLP out of curiosity? :-)

[deme1] 26/1/2020 16:09

Bipolar Bully is at it again.

This time he loves JLP ;)

[bullster] 26/1/2020 15:34

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Now that we have control over the tailings supply at Inyoni we intend to up processing from 45,000t to 50,000t per month, so 10% increase. 2,300 pgm ounces becomes 2,530 and 13,000 chrome tonnes becomes 14,300.

I think fresh tailings from arisings was 11,000t per month, so 74 months of that gives 814,000t extra to the figures i gave.

The only negative on the horizon is the 28% corporation tax, when we burn through our £40m+ tax credit.

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I

[nelson01] 26/1/2020 15:12

Yes we definitely done those deals at the right time.

[lostabillion] 26/1/2020 15:02

Bullster, and that’s just Inyoni/Hernic.

This has to jump to nearer 40p soon surely.

Update this week or early next week should see that springboard appear.

[bullster] 26/1/2020 13:57

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Nobody is talking about the massive deal we have recently done.



INYONI : acquisition of all pgm and all chrome rights to 630,000t plus 1,700,000t plus 1,000,000t, 3,330,000 tonnes of tailings in total, plus all future arisings.

Cost of pgm acquisition is $5,100,000 ; chrome acquisition is $16,390,000 ; total cost $21,490,000


To calculate the approximate earnings on this outlay i will assume the current production feed rate of 45,000t of tailings per month which produces around 2,300 pgm ounces. We have been returning around 8,500t of chrome and i am going to increase this to 13,000t as we are employing fine chrome extraction.

As we are at the point where JLP was to drop to a 15% share, i will calculate gained earnings at 85% of $1,200 per pgm ounce. As we know, the current earnings for chrome at Inyoni has its cost to produce absorbed in the pgm production so chrome was achieving $90 per tonne ex works to China. This recent fall in chrome prices is not expected to last, so i shall calculate the earnings at $100 per tonne.

Earnings:

3,330,000t of tailings @ 45,000t per month = 74 months

pgm earnings; 74 x 2,300 x $1,020 = $173,604,000

chrome earnings; 74 x 13,000 x $100 = $96,000,000


Outlay; $21,490,000
Gain; $248,114,000

Not bad !

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[plat hunter] 26/1/2020 10:43

Ditto Mutley

[mutley walters] 26/1/2020 10:13

From the beginning I have always taken the view that tjate is worthless and that assumption was part of my investment decision. Colin and Leon will always spin that there is value in the not too distant future to justify their decision to buy it in the first place. I would concede that maybe just maybe quartzhill sale to Anglo could be resurrected. But let me be clear I would be delighted to be wrong and hope I am

[1madmarky] 25/1/2020 16:43

Just an uplift any uplift would be good!

[nelson01] 25/1/2020 11:36

IMHO the next set of results are the most important in jlp’s history and only 6-7 weeks to wait. Hopefully the expected update in a week or two will give us a clue.

[nelson01] 25/1/2020 11:34

If we really are going to make $40-50 million per year with Kabwe still to come, DCM pgms and Tjate then the share price should be 10-15p

[goingforarun] 25/1/2020 10:45

Be interesting whether the update push’s the share price past 5p before the next deal falls!