Jubilee Metals Share Discussion Threads

[9tintin] 10/11/2020 08:02

Great numbers - well done to all at Jubilee .

Delivering on their promises.

Just look at the earnings form the last quarter in comparison to the full year just gone !!

On track to produce in the region of £45M just from PGMs

Unbelievable !

10p by close

tintin

[1madmarky] 10/11/2020 08:01

7.5 p

Yippee

[goingforarun] 10/11/2020 07:45

I think the good thing here is that we made £22m EBITDA last year, we’re on track to do that in 6 months after the previous RNS on the quarter and that’s before Copper really kicks in!

[maccamcd] 10/11/2020 07:44

WH Ireland
We see today’s announcement as just the beginning for Jubilee especially as the company has proved its ability to get things done, and all this in the latter half of the financial year under the influence of Covid. We see fair value at 12p from our underlying DCF analysis, but note that forward PEs and EV/EBITDA ratios are significantly lower than for its peers. In our opinion a company generating cash from multiple operations in a strong commodity price environment should be seen favourably by the market as it hits its production and revenue targets. Q1 FY2021 already shows the progression required.

[adejuk] 10/11/2020 07:42

i was on around 03/04

[frogkid] 10/11/2020 07:41

I reckon I've been here for at least 12 years. Finally starting to pay off.

[adejuk] 10/11/2020 07:41

she'd be happy today. finally proven right.

[lostabillion] 10/11/2020 07:35

She did, about 6yrs ago from memory.

[lostabillion] 10/11/2020 07:35

She did, about 6yrs ago from memory.

[adejuk] 10/11/2020 07:35

10p today?

[adejuk] 10/11/2020 07:34

i believe she did. rip wendy

[frogkid] 10/11/2020 07:33

Pretty sure WD left this mortal coil

[adejuk] 10/11/2020 07:32

gosh wendy durham? me too. long time ago

[lostabillion] 10/11/2020 07:31

15.9m, not too shabby :-)

[1madmarky] 10/11/2020 07:29

Making money on chrome! WTF...just wait till the price returns to some thing sensible

[glitter2] 10/11/2020 07:29

I have been hear since Wendy Durham and con roast so always expect results to ask more questions than provide answers. These look to be perfection. Someone bring me down to earth please! a added plenty in the last year so full of hope... this time, please!

[goingforarun] 10/11/2020 07:26

Great results. Much more to come as more projects come on stream!

[deme1] 10/11/2020 07:26

Plat wrong again!

[drsous] 10/11/2020 07:23

Far better than expected !

[1madmarky] 10/11/2020 07:17

Rns

Better than I was expecting. :-)

[lostabillion] 10/11/2020 06:24

Going to be an interesting day today. Might play a bit more with Lloyds if the ftse drops back by 1-2%.

Time will tell.

[fozdad] 09/11/2020 23:42

Exactly MM, at the Jun 22nd Crux interview, Leon said that they are producing earnings at 35% margin with the copper price at $5800 per ton.....today, the price is over $7000.

[1madmarky] 09/11/2020 20:55

Especially if copper continues its climb

[gsg] 09/11/2020 19:21

millwallfan. No worries. imo Leon has the strategy sorted. There is going to be a tsunami of cash rolling in, soon.