Jubilee Metals Share Discussion Threads

[homeytheclown] 10/11/2020 17:53

Plathunter

As to your comment regarding "little pgm material .. left." did you see this little gem in the CEO overview in the audited results?

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Under each of these agreements Jubilee retains ownership of the PGM containing discard from the chrome operations. While the chrome operations, on their own, now form a notable profit contributing segment of the overall business and continue to grow, at the same time, they ensure a long term, ongoing and sustainable supply of additional high quality PGM rich feed material for the PGM operations, over and above the existing tailing resource already owned by the Company.
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Let me know if you have any other invalid/uninformed thoughts in your head. Happy to help out.

[kennyp52] 10/11/2020 17:47

another interesting plus post period ....

Post period end, Jubilee continued to expand its chrome operations with the addition of a further 35 000 tonnes of processing capacity through another joint operation agreement, whereby Jubilee takes control of the management of a previously under utilised chrome facility named Windsor 8. Jubilee also entered into a further management and processing agreement, under which Jubilee has been appointed to manage and operate an additional chrome beneficiation plant adjacent to its Inyoni PGM operations. This additional processing includes the processing of a minimum of 40 000 tonnes of chrome ore per month for a 3 year period, which may be extended.

Under each of these agreements Jubilee retains ownership of the PGM containing discard from the chrome operations. While the chrome operations, on their own, now form a notable profit contributing segment of the overall business and continue to grow, at the same time, they ensure a long term, ongoing and sustainable supply of additional high quality PGM rich feed material for the PGM operations, over and above the existing tailing resource already owned by the Company.

The continued growth in operations is further demonstrated by the unaudited operational results achieved for Q3 2020, producing record 15 044 6E PGM ounces and 136 162 tonnes of chrome concentrate for the 3 month period.

[kennyp52] 10/11/2020 17:45

Another snippit of report highlighting extra profits and further PGM rich material to feed the plant ...

Post period end, Jubilee continued to expand its chrome operations with the addition of a further 35 000 tonnes of processing capacity through another joint operation agreement, whereby Jubilee takes control of the management of a previously under utilised chrome facility named Windsor 8. Jubilee also entered into a further management and processing agreement, under which Jubilee has been appointed to manage and operate an additional chrome beneficiation plant adjacent to its Inyoni PGM operations. This additional processing includes the processing of a minimum of 40 000 tonnes of chrome ore per month for a 3 year period, which may be extended.

Under each of these agreements Jubilee retains ownership of the PGM containing discard from the chrome operations. While the chrome operations, on their own, now form a notable profit contributing segment of the overall business and continue to grow, at the same time, they ensure a long term, ongoing and sustainable supply of additional high quality PGM rich feed material for the PGM operations, over and above the existing tailing resource already owned by the Company.

The continued growth in operations is further demonstrated by the unaudited operational results achieved for Q3 2020, producing record 15 044 6E PGM ounces and 136 162 tonnes of chrome concentrate for the 3 month period.

[kennyp52] 10/11/2020 17:37

Well done Bullster on your profit prediction . Just for the benefit of this board also:

Please note "POST" period .... thus Bullsters profit predictions looking solid and this is with the Copper still to come ...

Operational Highlights post the period under review

PGM and chrome operations delivered record quarterly operational earnings of £ 15.17 million (ZAR 332.36 million), surpassing the previous operational record set during the full H1 2020 period
Jubilee’s PGM operations hit its highest quarterly PGM production, reaching 15 044 PGM ounces produced during Q3 2020
PGM record production supported by 136 162 tonnes of chrome concentrate produced under tolling agreements from third party ore suppliers during Q3 2020
Chrome Operations improved its attributable earnings margin, achieving 23 % for Q3 2020 compared to 7 % for H1 2020

[kennyp52] 10/11/2020 17:23

Operational Highlights post the period under review

PGM and chrome operations delivered record quarterly operational earnings of £ 15.17 million (ZAR 332.36 million), surpassing the previous operational record set during the full H1 2020 period
Jubilee’s PGM operations hit its highest quarterly PGM production, reaching 15 044 PGM ounces produced during Q3 2020
PGM record production supported by 136 162 tonnes of chrome concentrate produced under tolling agreements from third party ore suppliers during Q3 2020
Chrome Operations improved its attributable earnings margin, achieving 23 % for Q3 2020 compared to 7 % for H1 2020

The increases in Q3 2020 post audited accounts to 30/6/20 are signficant and back up Bullsters figures . When will the light switch on . This is printing money let alone the copper still to come .

[alpal2] 10/11/2020 17:01

marmar: I will be very disappointed if angloplats only pays double the current price. If current fair value is 12p then take-over at 20p based on the potential and JLP ability to upscale.

[juju44] 10/11/2020 16:49

I think Colin was brilliant - at transferring cash from our wallets to his

[ashbox] 10/11/2020 16:37

JLP is a completely different animal from the days when Wendy regularly berated posters on this board for their lack of knowledge. At the time I think the only assets were Tjate and conroast (whatever happened to that??!!) and it was all about becoming a miner of PGM's with no cash to open a mine.

[1madmarky] 10/11/2020 16:29

Associated with Colin the human confetti cannon

[1madmarky] 10/11/2020 16:19

History of dilution!

[goingforarun] 10/11/2020 16:08

Why so cheap - lack of awareness on business model. Problem of being registered in mining sector?

[marmar80] 10/11/2020 15:44

I think Jubilee will go higher, only now people getting a message about the potential here. Defo a smart move from EUA or SLP to Jubilee while is still cheap.

[energeticbacker] 10/11/2020 15:37

Investor's Champion comments on the excellent results and asks 'Why so cheap?"

[billyusa] 10/11/2020 15:07

Smart money starting to leave Sylvania platinum for Jubilee metals, another down day there..

[leslee] 10/11/2020 15:02

I remember Wendy tipping Lidco as well as these. Lidco about to be bought out. Shame she's not around to see how well her tips have done.

[tonyevo256] 10/11/2020 14:48

Yeah he shorted these at 3.6, he was on here last week spouting how it is a great time to short these again....what a mut....

[alwaysevolving] 10/11/2020 14:39

Wendy once used the tag line “Go on, pinch yourself” in a write up she did on the potential of JLP (for Proactive Investor if memory serves)

That maybe about to finally ring true here. It’s taken a good while longer than Wendy predicted but we do appear to finally be getting there?

[nelson01] 10/11/2020 14:38

Bless her, I really liked her but she did tell me off a few times.

[alwaysevolving] 10/11/2020 14:34

She passed away several years ago now Teddy

[freedom97] 10/11/2020 14:33

teddy31, sadly she passed away in 2015.

[the bull] 10/11/2020 14:33

Leon keeps mentioning expansion into south america where the stockpiles are HUGE. No way we can scale up for that unless we had a MAJOR fund raise to rapidly expand the company, so we must be a takeover target if any of the majors see the potential here