Jubilee Metals Share Discussion Threads

[robers98] 06/12/2020 17:09

What will people be saying about jlp in 10years time.

[9tintin] 06/12/2020 15:42

Mark

No doubting the authenticity of the numbers produced by Bullster, with respect that was not the question asked. Whether they actually are accurate in terms of Jubilee's earnings from PGMs is another completely different question - in fairmess Bullster has always highlighted this in accepting the disconnect between the BBi and the reality of JLP's % of production.

As I said it is a useful guide to PGMs historical values - no more no less.

tintin

[millwallfan] 06/12/2020 14:53

Hi 9tin and mark. Thanks both for taking time to respond. Seems both have a value but need to be moderated by changes and other info as we progress.

[mark of the rushes] 06/12/2020 13:59

Bullster has always been very clear about the BBI make-up. His numbers, despite the shortcomings of not at the time knowing the exact split, have been accurate and a great help to me for one.

[kennyp52] 06/12/2020 13:10

dusty101 .. with so many shares in issue I think that may be a strong possibility IMO.

[9tintin] 06/12/2020 12:44

Millwall
Regarding the BBi - it goes back to the days when the PGM prill split for JLP was an unknown, I'm not altogether sure of its origins or how the percentages were arrived at. As a guide to the general trend in PGM values it is useful in that respect as there is historical data base. As reagrds interpreting Jubilee's margins and income it is less than accurate and can be misleading. WH Ireland's broker note clearly details the %'s which are applicable to the current production though this too is likely to change over time.

Unfortunately its all guesswork until the results are produced.

tintin

[moneyman50] 06/12/2020 11:37

So glad that no one here appears to have listened to Plathunter Nelson01.
Also interesting to note that Kyrptonsnake appears to have disappeared-the fool who kept telling us at one stage he was shorting the share on a daily basis.-Losless!
Have just listened to Leon’s latest 23 minutes presentation on YouTube and the shareprice rise is probably still at base camp.
Could be big returns (and in some cases life changing returns) for those who have been hear a long time or even those who bought sub 3p in March as Covid struck.My average is 3.75p (25% in ISA -75% not)
Quite possible JLP will be making over £100 million profit after tax per annum in the not so distant future -using a p/e of 10 this would give a market valuation of £1 billion resulting in a share price north of 40p.P/e of 10 is very undemanding for a company in a rapid growth phase

[nelson01] 06/12/2020 09:23

And trust me I’m as happy and carefree as you will find and don’t need drugs to get me high, you are the one with the problem.

[nelson01] 06/12/2020 09:17

Plathunter..... do you feel stupid yet....lol, fwiw I’m quite a bit more than 25k up and will still be here when I’m 100k up.....go get stoned in your £250 cab you loser.

[deme1] 06/12/2020 08:29

Last chance for people to ask questions today over at master investor.

[sb] 06/12/2020 08:20

Its re-rating; if you can't see that you're blind.

[deme1] 05/12/2020 22:33

JLP most prob will have a lot of interest over the weekend. A further push on Monday is not out of the question.

[goingforarun] 05/12/2020 21:25

From everything being stated on this board one thing you should all be able to agree on is the future is going to be pretty interesting for JLP!

[plat hunter] 05/12/2020 21:06

Yes it will keep going up and up perpetually for infinity

[sb] 05/12/2020 20:14

If you think JLP is going to retrace Plat then I'm afraid you are going to continue to be wrong...

[dusty101] 05/12/2020 18:06

Could it be possible that in a years time when Jlp are awash with cash that instead of paying dividends could they do a share buy back. More stability to the share price and more attractive to institutions.

[danieldanrichardson] 05/12/2020 17:59

Losta's prediction might not be far off.

[1madmarky] 05/12/2020 17:48

Thanks bb2

[billyboy2fromiii] 05/12/2020 17:14

A few snippets from today's Investor Show...

Re Roan and DCM; Roan is currently in construction and is expected to be producing concentrate in Q2 2021. We will announce values on DCM material as and when it becomes available.

Re flowsheets; the issue of flow sheets has been raised before, while Jubilee would like to provide shareholders with as much information as possible we are cautious of protecting our IP. Jubilee is constantly exploring opportunities internationally, there is huge opportunity for growth, however we are cautious as to which we take on as earnings and profitability remain a top priority for shareholders. Sable produces its own sulphuric acid which enables Jubilee to produce on demand.

Re copper; the copper % in the tailings ranges from 1-3%, which Jubilee will upgrade on site to a concentrate at roughly 25%, then cathode at 99%

Re Kabwe; Jubilee holds strong government connections in Zambia - to the extent where the mining ministry is approaching Jubilee for further Zambian reprocessing projects

Re ESG; with regards to ESG - we plan to put out a note on Jubilee's ESG efforts in Q1 of 2021. Jubilee is an inherently green company and this will receive more PR in 2021, in addition to our community upliftment programs outlined on page 25 of our annual report

Rr Cobalt; Not necessarily free carry because there are costs associated with cobalt production. Production of Cobalt concentrate is possible at Sable

Re quarterly reporting ; As it stands we will continue to release half yearly results, however we will provide regular updates on material matters.

Re The Jubilee Way: Jubilees IP allows us to reprocess tailings efficiently at high margins, particularly when compared to other metal producers. This IP has been developed in house and is what provides Jubilee with our competitive edge. Producing metal from tailings is not a 'plug and play' process and Jubilee places a large emphasis on upfront testing and analysis in order to achieve the results which we do. In this regard there is not "technology to license" as each project is unique and requires a bespoke approach. Jubilee will look to continue to enter into new processing agreements where we feel we can add significant value.

Re Dividends; Dividends are certainly a possibility in the future. Being a growth stage company our cash flow is directed towards growth at present.

Re Potential new copper deal referred to by Lean; I am bound by what has been announced, please keep an eye on our RNS feed for more updates which should come soon!

Re Takeover; Jubilee plans to create a multi-commodity multi-geographic industry out of mine waste. We would not be open to take-overs at this stage.

Re The recent BRR webinar with Leon; unfortunately the webcast is not available to add to the website, instead we added the presentation video Leon did for MIS

Regards, BB2.

[lostabillion] 05/12/2020 16:15

Just to politely jog your memory Deme1........

deme1 - 19 Nov 2020 - 13:21:45 - 30793 of 31486
taken some off the table as this may retreat a little .

sold just short of £36k worth.

kept the rest in.

If this retraces back to 8p then the trading pot will return :)

[lostabillion] 05/12/2020 15:51

I wouldn’t call 5% “selling out”!

Incidentally, didn’t you sell your “trading pot” at 8.5p and then say you’d put it back in if the share price dropped to 8p!?!

I’ve done extremely well out of Lloyds as you well know.

Cineworld is a quick punt where I might gain or lose 10% next week.

[deme1] 05/12/2020 15:43

Has anyone sent questions over to JLP today?