Jubilee Metals Share Discussion Threads

[deme1] 18/11/2020 19:32

Robbers

if you look at his other tweets then you will see he is a holder of JLP. So the speculation is all on his part IMo

[highly geared] 18/11/2020 18:47

EJSF1 , superb post. Completely aligns with my thinking for 2022 and a £ billion company in the making, near term.

[adejuk] 18/11/2020 18:42

intrigued why no rise today.
tmrw could be interesting - but not in the chinese way, i hope.
and the spread is egregious

[robers98] 18/11/2020 18:12

Don't know what they picked up on, but must have been on the call.

[billyusa] 18/11/2020 15:34

WPIC: Platinum demand outstrips supply with 1.2 moz deficit now expected in 2020. It just gets better and better for pgm producers!

[mikebolle1] 18/11/2020 15:32

I am invested in five companies now, spanning various sectors. Jubilee is the smallest, mcap wise (but the biggest of my holdings), but it is the one to give me some sort of an inner peace. I said it before...I'm no expert when it comes to mining-stuff, processing plants, etc. but I know whatever we do, we do it well and the "Jubs way" seems to make us money. And watching the webcast today, I really feel proud to be associated with this company.
My 5cents worth...

[bullster] 18/11/2020 15:24

.
$2,500 SMASHED !



PLATINUM
49%
@
$942.00
$461.58


PALLADIUM
40%
@
$2,226.00
$890.40


RHODIUM
9%
@
$12,800.00
$1,152.00


GOLD
2%
@
$1,877.00
$37.54





B.B.I. =
$2,541.52


Updated at 17:50

[moneyman50] 18/11/2020 14:50

The only thing that has run out in relation to JLP is Plathunter’s credibility

[billyusa] 18/11/2020 14:49

Rhodium up 500$ at 15500$ now, on the BASF website. 20000$ incoming...

[marmar80] 18/11/2020 14:08

You starting to believe too. After this failure I think Anglo will be looking to buy a processing unit in their area and Jubilee is right there for them.

[the bull] 18/11/2020 13:59

I saw the anglo american pop up also, perhaps Jubilee will be a division of anglo soon, roll on that rns

[sb] 18/11/2020 13:43

So Plat claiming they are running out of PGM source stock was just another fallacious claim... I say again, JLP are going to eat Sylvanias lunch... And breakfast and dinner too...

[bullster] 18/11/2020 13:26

.
.

aas,

I was never concerned about compensation.

I am only interested in Jubilee getting into nikel, which could be more lucrative than copper.

.
.

[ejfs1] 18/11/2020 13:22

Key takeaways from the call:
PGM cost target now <$400 post efficiency gains and Inyoni scale. At current PGM basket price £1300 (net post recovery losses) this translates to £1000 per ounce. The current PGM run-rate is >60k oz pa but post Inyoni expansion we should be looking at 75k * £1000/oz = £75m pa.
Importantly this PGM output will be 80% generated through new post-chrome tailings following the expansion in chrome processing (Windsor 8 plus one other). This means Inyoni tailings life now extended to at least ten years. Moreover, the chrome is now 85% contracted at $15-18 per ton so at the 250k tonnes per quarter target post expansion equates to over £10m pa.
The stated copper cost target of $4000 means that the margin per ton of copper should be well above £2000 at current prices (and the prospects are bullish for further gains going forward) so at 25k tons target output, we're on £50m pa from copper.
Therefore ex anything else - cobalt, zinc, lead, vanadium e.t.c. - the company should be on track to generate £135m pa EBIT from 2022 (75+10+50). This will put the stock on 1.5x PE 2022. More importantly, once the company is proving the box economics of these projects at extremely high returns on capital (>50%) the opportunity to find opportunities to grow are immense. On ROIC - g/WACC - g (50% - 10%/15% - 10%) the stock should trade on 8x Invested Capital. IC is approx £100m so Enterprise Value (i.e. Market cap as it's pretty much debt neutral) is £800m. Tjate is just a crumb.

[verulamium] 18/11/2020 13:21

Hi Losta - I sent a message during the webinar pointing out that lots of people hadn't been able to connect until more than 10 mins in, and asking if they might publish it somewhere. Shoddy platform they used - I've never had problems like that on investormeetcompany. There was an intriguing erronious pop-up asking if we had any questions for Anglo American...

[lostabillion] 18/11/2020 13:03

Thanks 1MM. Hopefully they’ll add it to the website.

[goingforarun] 18/11/2020 13:00

With Copper, Zinc and Lead all on stream in various guises in 2021 the array of metals being processed is staggering and reduces the single metal price risk further! I’m also interested/puzzled why Colin continued to talk about Tjate when enough was said by Leon. Just makes me wonder whether conversations are quite advanced?

[1madmarky] 18/11/2020 12:59

Losta- there were a number of post during and shortly after the webinar.

[robers98] 18/11/2020 12:47

Anglo have Twickenham up for sale. Tjate will be on the menu for whomever buys that to add the additional material and longevity to project.

[billyusa] 18/11/2020 12:42

Get lost Mr hypocrite and take your mate Mr 26p with you.

[aaspell] 18/11/2020 12:41

Bull,

There was no legal redress - JLP's advisors determined BHP were allowed to terminate and therefore there was no case to take up.

[aaspell] 18/11/2020 12:40

Robers98,

They didn't proceed with legal action because their own advisors determined BHP were fully entitled to terminate and that therefore they would lose.

Still the above was a bit tongue in cheek as I had raised a question on the pod cast about re-engaging with BHP (nickel extraction is similar to copper apparently) so why not.

As for Tjate, they once tried to sell part of it - Quartzhill I think it was called - for about $4 million but it all fell through because JLP didn't at that point have the mining license.

As JLP will never have the money (and as a low risk 'we don't do mining' company) to develop it they might as well sell it lock stock and barrel to Anglo (up dip at Twickenham). Cut a deal on a price to sell the ownership, transfer license etc, a % of PGM profits annually and an exclusive right to treat all tailings for all metals for life of mine. That would give a Hugh boost to the lifespan of tailings.

In the short to medium term I'm more than happy they focus on getting Chrome, PGM and Copper etc at full capacity (following expansion with the new facilities) and really start boosting cash before they look at any 'big boy' projects.

[deme1] 18/11/2020 12:35

You don't even hold
Jog on over to Lloyds