Jubilee Metals Share Discussion Threads

[plat hunter] 16/9/2020 19:30

I also think GFA was referring to pgm earnings and not total group earnings.

[plat hunter] 16/9/2020 19:28

What's the production cost homey?

[homeytheclown] 16/9/2020 19:27

I am a holder of plenty of shares. What I don't hold is unrealistic expectations of GBP 60 million earnings in calendar year 2020 or FY 2021.

[niloc4] 16/9/2020 18:18

I always thought Plat Hunter was the clown.

[plat hunter] 16/9/2020 17:46

You're not a buyer then, Clown?

[verulamium] 16/9/2020 17:28

At what point would the results from Jan-Jun 2020 and July-Dec 2020 be added together and presented as a complete thing to the markets as you're suggesting in posts 27266 and 7? And, with all due respect, I think WH Ireland probably have a better grasp of prices and costs than you do.

[homeytheclown] 16/9/2020 17:21

Yep, I know the difference between calendar years and financial years. In the absence of mentioning "FY" the assumption is calendar year. Feel free to refer the latest 6-month update

"Six Month Operations Update
H1 2020
Jubilee, the AIM and Altx traded metals processing company, is pleased to announce its unaudited operational results for the six month period ended 30 June 2020 ("H1 2020")."

@Plat Hunter
If you think I am wrong with my estimate, refer back to previous operational results and tell us what the USD/oz earnings was.

[goingforarun] 16/9/2020 17:17

Homey, I’ve always understood share prices to be forward looking not backward?

[plat hunter] 16/9/2020 17:10

"What you on about everyone knows the first day of the year is the 1st of Jan"

Nobody bother correcting him please. I want to see what he comes out with next, with the 850 usd and not knowing what part of the year it is; and all in just 4 minutes.

[mrsingh1] 16/9/2020 17:03

Kennyp52 it is indeed! If i really did listen to Krypton, i would have lost my a$$ on WRES!!

[kennyp52] 16/9/2020 16:51

Is that a bit of satire Mrsingh1 ? He's been calling this lower for 6 months when all it has done is rise.

[verulamium] 16/9/2020 16:42

Homey - you do realise that FY 2020 finished at the end of June? We're now in H1 2021.

[homeytheclown] 16/9/2020 16:42

Goingforarun...Jubilee made ~GBP 12 million in H1-2020 from PGMs. I will give you the benefit of the doubt that you are not stupid enough to think that Jubilee will make ~GBP 48 million in H2-2020 from PGMs?

[homeytheclown] 16/9/2020 16:29

Goingforarun...I suggest you for go for a read and learn that the estimated production figure for 2020 is well under 60K oz. Did you forget 2 month's lost product from Covid? Leon already stated a revised figure which I considered overly optimistic as it estimates monthly production at over 5K oz for H2-2020.

[homeytheclown] 16/9/2020 16:25

Bullster, your numbers are way off. I suggest you focus on average prices, consider USDZAR exchange rate and might realize that H2-2020 PGM prices are currently approximately 7-8% higher than H1-2020. Once you do this you may get closer to a more accurate figure of USD $850 estimated earnings per ounce.

[mrsingh1] 16/9/2020 16:11

Full year audited results in November. 6 monthly update in Jan?

[lostabillion] 16/9/2020 15:50

When’s the next update?
Should see some phenomenal figures.

[lostabillion] 16/9/2020 15:48

Taken my eyes off Rhodium the last week or two, what a pleasant surprise.

[verulamium] 16/9/2020 15:36

Forward PE is more interesting...under 3 if PGM prices don't tank

[lostabillion] 16/9/2020 15:34

6.10 - 6.30 finish

[plat hunter] 16/9/2020 15:02

Pe ratio at 8.5Expecting a correction now, if the past is any guide

[marmar80] 16/9/2020 14:02

"Palladium, Platinum Longs Make A Killing In Relative Silence "http://www.investing.com/analysis/palladium-platinum-longs-make-a-killing-in-relative-silence-200537719

[freedom97] 16/9/2020 13:57

Yes, nice £61,750 investment. Maybe one of many to come.

[adejuk] 16/9/2020 13:55

1 mill
cool