Jubilee Metals Share Discussion Threads

[tonyevo256] 14/12/2020 16:57

I was going on original target of 10k tonnes per annum at a cost of 4k USD per tonne..6 months of production equals 17.5 mill USD...all imho...

[philby1] 14/12/2020 16:19

The Bull, From the Master Investor chat room with JLP that says there should be an RNS coming soon as below;

Craig McCarthy: December 05, 12:57 pm

Leon mention a further copper tailings to be announced before the year is out, can we have an early preview :)

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Jubilee Metals Gareth Owen: December 05, 1:02 pm

Craig I am bound by what has been announced, please keep an eye on our RNS feed for more updates which should come soon!

[the bull] 14/12/2020 16:05

pretty sure it was 270M then north of 300M by the end of this month so maybe no need to rns that

[philby1] 14/12/2020 16:00

Leon said recently that the imminent deal would take us 'well north' of 300m tons. Sounds like an RNS announcement must be very close now.

[daocana] 14/12/2020 15:59

just listend to leon..he says fully commissioned 2q ramping upto 12=14000 tonnes per annum..so lets hazard a guess..average around 6000 tonnes for 4 mths..equals around $24 million profit.just a guess..maybe a little optimistic .we will see

[plat hunter] 14/12/2020 15:54

Tonnage of around 350 is already accounted for in previous RNS statements

[daocana] 14/12/2020 15:52

leon stating in the proactive investor interview today..that they already have north of 300 million tonnnes of copper tailings,,rns just about to drop ?...not the time to sell

[moneyman50] 14/12/2020 15:45

Very good forward looking interview by Leon on Proactive once again stating that the companies expansion plans will be financed from earnings and bank finance and no share dilution is anticipated

[daocana] 14/12/2020 15:39

re tobyevo256..i havent included copper earnings..i am guessing will have around 4mths copper earnings on top of the £60m estimated profit end of year june 2021..copper price doing very well at the moment nearly $4000 per tonne profit..interesting times

[meanreverter] 14/12/2020 14:49

Leon talks to Proactive:

[gsg] 14/12/2020 14:01

Auction closed with the UT trade at 11.25p.

[gsg] 14/12/2020 13:57

Reverse spread at auction 11.5p bid v 11.15p offer

[dafrog] 14/12/2020 12:14

Seems Gmail is down worldwide.

[tonyevo256] 14/12/2020 12:11

I am including an additional 15 mill earnings from copper plus your 60 from on going operations..times a p/e of 12 gives us mcap of 900mill...

[daocana] 14/12/2020 11:27

re tonyevo256..i agree ..i am trying to be conservative, i am working on a pe of 10..but the future growth..is definitley eye watering.

[tonyevo256] 14/12/2020 11:21

Well if your going to calculate a forward p/e don't forget to factor in the earnings from copper and try a p/e ratio of 12 which is more appropriate for us, the figure is eye watering.

[pshevlin] 14/12/2020 11:18

Not quiet frog. Just watching.

[frogkid] 14/12/2020 10:53

i have to keep revising my target upwards !

[daocana] 14/12/2020 10:45

re frogkid..30p will be cheap one day

[frogkid] 14/12/2020 10:26

Yep HG, get the PE right , which it will one day, and suddenly we are 30p!

[highly geared] 14/12/2020 10:08

C.£60 million operational earnings, year to 30th September 2021 ( based on replication of Q1 confirmed earnings). PE of 10 = £600 million market cap...

[marmar80] 14/12/2020 09:56

Also strong in Africa. Over 8% up

[sb] 14/12/2020 09:50

Don't typically...but will short term if they think there is pent up demand.

[frogkid] 14/12/2020 09:22

And they don't typically hold stock, they just take the bit out the middle