Jubilee Metals Share Discussion Threads

[deme1] 16/11/2020 10:50

JLP has been on fire since Plat sold at the low of a double bottom.

What a player.

[nelson01] 16/11/2020 10:39

You'll be in a straight jacket by the end of the week.

[nelson01] 16/11/2020 10:39

Lol..... jlp doesn't exist.... who's that Leon fellow anyway.

[nelson01] 16/11/2020 10:37

Lol, get some help dude, seriously.

[1madmarky] 16/11/2020 10:37

600,000 tonnes of nothing

[plat hunter] 16/11/2020 10:33

There are is no dcm stockpile.

[plat hunter] 16/11/2020 10:32

There is no dcm stockpile kenny

[nelson01] 16/11/2020 10:31

Bullster has just posted the value of the dcm tailings on the other thread54 million but I suppose that's not real money.....lol

[nelson01] 16/11/2020 10:28

And up she goes woo hooo

[nelson01] 16/11/2020 10:27

He's already admitted to it, I guess that's the first step. But unfortunately he doesn't think it's doing any harm.We can all see his delusional posts so I beg to differ.

[plat hunter] 16/11/2020 10:16

Kenny, it was fully paid for yes, then written down and if it was for wages then that's even worse.Long term assets get bought with USD, they stay on the books as USD. Simples.What on earth will happen when zambia defaults at Christmas if that's the case?

[daocana] 16/11/2020 10:06

billyusa..goodman..i look forward to hearing your relpy..towards plathunter.this guy has to be stopped..plat advice.if you do have a problem with drugs.you really do need to sort your head out mate..you should seek help.

[nelson01] 16/11/2020 10:04

Your judgment is impaired by you drug taking.

[kennyp52] 16/11/2020 10:01

Omg ... Plat ... you got a massive short to close ain’t you ? Feel for you if you have . Wages will be paid in ZAR and capitalised if research and development . Tut tut .. you should know this and 23m just jumped to 27m . Any such write down is non cash on assets already fully paid for . You have lost the plot kiddo. 47million now I see ... wow.

[plat hunter] 16/11/2020 09:59

Kenny, there's an impairment or adjustment every year that equals EBITDA NET EARNINGS.I envisage 46 million next year, so that's 23 million for the usual practices. The busier they get the more they can lose and pass it off as performance.

[nelson01] 16/11/2020 09:57

He hasn't got an explanation m, he's a bitter fool. How come he didn't realise all this supposed fraud was going on three weeks ago when he held the shares.

[kennyp52] 16/11/2020 09:55

Your basing your figures and comments on flawed information Plat .

[plat hunter] 16/11/2020 09:55

What assets were bought in zar equal to 27 million sterling.I've not seen one single RNS that has zar as an acquisition denomination. This is also why USD is used as the international norm for trade as it's a reserve currency.Who are JLP dealing with to spending so much ZAR, local tribesman or serious international companies?

[kennyp52] 16/11/2020 09:54

Oi Plat .. you are going off the chart now ... get a grip man . Rage is not a good way to post .

[kennyp52] 16/11/2020 09:52

23 million ... your calculations and assumptions ? You cannot just wildly band these figures about with no explanation Plat ... as otherwise you are potentially misleading the market ... as you well know .

If they are all non cash then it makes no real difference to EPS and cashflow .

[nelson01] 16/11/2020 09:51

Jlp are making at least $5 million per month, more than enough to pay for expansion..... the druggy has an agenda and won't let it go.

[billyusa] 16/11/2020 09:49

I have just sent off a email to Leon Coetzer, Colin Bird, Shard Capital Partners and Jamie Cassell (Senior Statutory Auditor)on behalf of Saffery Champness auditors, being accused of accounting fraud by Plathunter. Lets see what happens....

[kennyp52] 16/11/2020 09:49

timhigginson .. I too had a problem with this but the assets were bought and reflected in ZAR so yes we are South African and therefore at the end of each year if the currency weakens then the assets devalue when reporting in $ . As has been explained to me .. it really is a non entity as it is non cash and think of it this way ... if we now buy in ZAR for future projects then it’s a lot cheaper in $ value . As we get $ for gold it puts us in a stronger position to buy locally . Swings and roundabouts but non cash write off.