Jubilee Metals Share Discussion Threads

[mikebolle] 09/12/2020 10:26

No Plat, its more like making Coca Cola.

[plat hunter] 09/12/2020 10:23

Chemistry, that's all it is and anyone can do it. Much in the same way that anyone can add eggs, flour, sugar and baking soda to a bowl and make a cake.Albeit all with varying degrees of success and costs of course. I much prefer a Mr Kippling Mince Pie to a Tesco Value.However there in lies the answer as to why JLP and newer entries like goldplats can only manage to buy their own material. The big boys are starting to do it themselves and it's much more likely that Colin and Leon's exit strategy is a sale.

[memexx] 09/12/2020 10:11

Excellent. Thanks deme1, sb, marmar80. This is a useful discussion on a key underlying factor related to JLP's ongoing success.

[marmar80] 09/12/2020 09:55

To add to your conversation lads.."Jubilee's results reinforce the Company's confidence in what it refers to as "The Jubilee Way", continuously striving to translate leading in-house processing and metals recovery excellence into industry leading operational efficiencies. Jubilee's achievements in the chrome industry in particular, with the introduction of its in-house developed Fine Chrome recovery plant and its state of the art Inyoni PGM recovery plant, are examples of "The Jubilee Way" in action."

[sb] 09/12/2020 09:54

Making almost any modern material requires chemicals.. Doesn't mean that any fool can buy the base materials and produce the same result.

[marmar80] 09/12/2020 09:53

JBL in Johannesburg started 3%+, but now at 1.4%+.

[sb] 09/12/2020 09:52

Very odd view... Chemicals are not technology, agreed. But how you use them, in what quantities, temperatures, mixtures IS IP.. Think again. Its chemical processes.

[deme1] 09/12/2020 09:47

SB

Chemicals are not technology.
I agree that JLP have advanced knowledge of efficiencies and ratios of chemicals to use and when to use them. But these chemicals are off the shelf. Any company could go and buy them.
I did ask Leon a while back why are you showing other big boy companies around Hernic, that gives them a chance to see the setup and possibly copy. He did not reply

[sb] 09/12/2020 09:43

Deme... Disagree on the technology.. JLP have developed their own chemical process IP which Leon cites as a key differentiator over the likes of SLP etc. That is why they are able to extract more from the tailings than others. Leon is a chemical engineer by trade and this is what is giving us competitive advantage.

[tel5] 09/12/2020 09:43

Its not as much timing the market as much as time in the market that matters and all of us should see a good profit in 1 to 2 years time even at these levels.

[the bull] 09/12/2020 09:19

You are well covered there then dafrog, 3p is a nice average.

[daocana] 09/12/2020 09:17

re deme1..thats a fair assumption..and you may be right.

[deme1] 09/12/2020 09:08

baocana

The reason i say a seller is in the background is i have been looking at dummy trades this morning.

£20k trades which can now be bought at 10.72p which is well below mid price.
A seller in the background may have a large sell order being worked which will not show up until it has been filled. Hope this makes sense.

[daocana] 09/12/2020 09:03

re deme1..disagree on seller in the background.a few small sells this morning ..but just as many buys..even sells to buys this morning...buyers starting to take control..but i am thinking sideways price action until more news..due anytime soon ..then half year results just around the corner..

[deme1] 09/12/2020 09:02

Memexxx

There is no special technology that JLP has invented.
They use off the shelf machinery. BUT they have years of experience now, with constant efficiencies. So even though it's off the shelf and can be replicated, it will take time for another company to achieve the same results.

[dafrog] 09/12/2020 09:00

I gave up trying to buy lower so bought more at just under 11p. Had HL not giving me a rubbish answer on phone, I could have bought at 9p earlier. Average is now up to 3.6.

[memexx] 09/12/2020 08:45

Brexit has no/little effect. In any case 'negative' Brexit normally means weaker £ and stronger market. £ looking a little strong ATM so could be a good play for Boris to smash it down a bit.

tintin I am thinking something similar as per



I continue to see this as a multibagger over coming years as strategy is rolled out and the Commodities bull market pushes forward.

I am curious though what the competition in this space looks like and whether JLP's IP is easily reproduceable or not. Anyone have any insight?

[deme1] 09/12/2020 08:40

can buy £20k at 10.77

MUST HOLD OUT FOR 10.50!

That's what my mind is telling my fingers lol

[9tintin] 09/12/2020 08:15

Wouldn't surprise me if the next news concerned expansion outside of the current jurisdiction.

Jubilee going global !

Watch this space.

tintin

[philby1] 09/12/2020 08:08

TW write up on Shareprophets yesterday. Says don't even think about selling and gives a 16p target price.

[deme1] 09/12/2020 08:00

Not to fussed. Happy with my main holding.
getting a little greedy though:)

[danieldanrichardson] 09/12/2020 07:57

I'd imagine you're quite capable deme.

[deme1] 09/12/2020 07:44

Two buy orders in

10.50p
10.35p

someone do a little deramping for me :)

[danieldanrichardson] 09/12/2020 07:34

Shut up remoaner