Jubilee Metals Share Discussion Threads

[plat hunter] 09/8/2020 18:09

Https://www.businessinsider.co.za/mining-shares-jse-2020-8

[plat hunter] 09/8/2020 08:32

Why chance risking a successful strategy lols

[plat hunter] 09/8/2020 08:31

By Friday... Always by Friday :-P

[goingforarun] 09/8/2020 07:22

Plat, are you going for this Friday or a Friday!

[plat hunter] 08/8/2020 21:19

Okay... 5.76 by Thursday, 8p by Friday

[alwaysevolving] 08/8/2020 21:13

Need round numbers I’m afraid Plat. Have another study of the charts, see what you can come up with by Friday or I’ll have to ask Losta. I’m sure he can find me a round number 😉

[plat hunter] 08/8/2020 20:47

I've been studying the charts hard and....5.76 by Friday

[gsg] 08/8/2020 18:31

Leon: "The strategy would be to enlarge Inyoni as our central large facility able to process both Windsor and Inyoni feed. The cost per ounce at Inyoni is nearly 24% lower so the earnings benefit is significant."

edit:
Leon: "It is by far the best option to during this time to enlarge Inyoni to absorb the production from Windsor PGM in time".

[plat hunter] 08/8/2020 18:14

"Northam is pleased to advise its shareholders that mining operations at the Kukama shaft situated at its Eland mine complex will recommence in the new financial year (F2020).""The next stepsWhilst completing the feasibility study for Kukama shaft and following positive feedback from the study, Northam commenced early work in preparation for its recommissioning. This includes refurbishing underground fixed and mobile equipment, as well as certain sections of the concentrator. Processing of the tailings storage facility at Eland mine has also commenced, which facilitated recommissioning of the surface plant and associated infrastructure."Https://www.northam.co.za/investors-and-media/1180-northam-approves-kukama-project-at-eland-mine

[danieldanrichardson] 08/8/2020 17:14

I'm beginning to think we're not going to lose our shirts.

[gsg] 08/8/2020 16:35

I was hoping the DCM pgm's would begin being processed as of the end of September, which is when Leon said it would start in one of his presentations.

[plat hunter] 08/8/2020 16:26

I always get the teo mixed up, ever since the name changed.Wherever it goes, it'll be used in the same way i would imagine.Ie... no immediate, short term increase to production.

[gsg] 08/8/2020 16:09

PH, I believe it is Windsors spare capacity which is rammed for three years. I reckon they will squeeze the DCM product into Inyoni.

[plat hunter] 08/8/2020 15:38

DCM value will be unlocked but not in the way of additional 'per annum' production and an increase in revenue.Imo it will just be processed as per run of mill.Let's say there's 1 years worth of material for hernic to process, we all know hernic is full for three years so of it went to hernic then it would be full for 4 years now instead.That's the way i see it but equally happy to be proved wrong.;-P

[gsg] 08/8/2020 15:11

Not sure whether the 60k of PGM's pa includes the $40m worth sat there at DCM whose transportation and processing at Inyoni could start at any time.

[plat hunter] 08/8/2020 14:25

And that's conservative imo as we're not even taking into account the mining risk that our industry peers suffer...We may very well attract a premium over average PE valuations given that we don't share the same risk profile.

[goingforarun] 08/8/2020 14:14

Think I might start topping up further next week!

[plat hunter] 08/8/2020 13:48

Correct GFA.Taking central costs at 20 mill a yearAnd with industry average PE's at circa 12 times, that equals an mcap of 960 million.......Which gives us a share price of circa 26p

[lostabillion] 08/8/2020 13:48

GFAR, much more than that within 2 years.

Jubilee will have a Mcap of over £1B within that time imo.

Hence my repeated prediction of 40p per share much much sooner than people think.

The magnitude of Jubilee’s deals has been completely overlooked, hence my continual top ups. The company is so undervalued it’s laughable.

We’re at the absolute very beginning of a substantial rerate and I mean substantial.

[goingforarun] 08/8/2020 13:09

Just trying to get my head round how much money is coming in here over the next year? Has anyone tried to work out? I’m thinking PGM 60k ounces x $1k Margin= $60m + Copper 14k tons x $2.4k margin = $33.6m so total of $99.6m less central costs? Then there’s the unmentioned silver from Copper + the GLR deal to kick off later in the year? Will we be netting current market cap in a years time?

[bullster] 08/8/2020 11:34

PLATINUM
49%
@
$960.00
$470.40


PALLADIUM
40%
@
$2,031.00
$812.40


RHODIUM
9%
@
$7,500.00
$675.00


GOLD
2%
@
$2,034.80
$40.70





B.B.I. =
$1,998.50


Metals recovered slightly in later trading yesterday. Inspired by a $450 rise in Rhodium, we still enter the new week at the pivotal $2,000 per ounce range.
. .

[scrappycat] 08/8/2020 09:57

IMHO, the market really hasn't woken up to the potential here. The proactive investors comment illustrates this perfectly. They refer to the "tremendous earnings potential" of Zambia tailings venture", instead of just the 'tremendous earnings potential' inherently revealed by the Zambian venture.

I agree with Losta. There has been a BOT running on this share for a considerable time, and I reckon some company is steadily acquiring without disturbing the share price overmuch, and without having to reveal its interest. When they are ready, this company will make a large purchase to carry it over the percentage required to make a bid. I guess a merger is also a possibility, given JLP's undoubted expertise in the field of Tailings treatment.

Just my thoughts, of course. DYOR.