Jubilee Metals Share Discussion Threads

[the bull] 24/12/2020 12:12

You have lost all credibility Losta, prove you had/have 28M and maybe you can gain some back. I am actually to a degree with your current views, the world debt is now staggering and some sort of reset must take place or allow capitalism to work properly. JLP despite being in the best state ever, would fall like all others. How long this will take though who knows, maybe another year or so.

[lostabillion] 24/12/2020 12:00

Pre brexit deal euphoria at the mo. It’ll be all about the world economy shutting down come Boxing Day and a pretty swift market crash imo.

Might be wrong but think not!

Merry Christmas one and all whatever your strategy.

We’ll see 5 or 6p again before too long in my humble opinion.

[robers98] 24/12/2020 11:50

Copper news but no DCM but at least we know the reason. Half year update early 2021 with a full operational update should confirm the rest is on track.
=============================
Legal tug-of-war shutters one of SA's richest chrome mines

A chrome mine in Limpopo, potentially one of the richest in South Africa, has sat idle while a series of arcane court battles ensue between local and Chinese business interests.

A development agency tasked with bringing employment to the area has lost its stake in the mine, and some 1 200 employees have lost their jobs. While many parties must shoulder parts of the blame, indifference by the national Department of Mineral Resources and energy appears to have contributed.

The Dilokong Chrome Mine is in the mineral-rich Burgersfort district, north of the border between Limpopo and Mpumalanga and west of the Kruger National Park.

The mine previously conducted operations under the joint ownership of the Chinese government's Eastern Asia Metals Investment with 60%, and the Limpopo Economic Development Agency (Leda) with 40%.

The mine's woes can be traced back more than five years. It went into business rescue in March 2016 and ceased operations. This followed some two years of industrial action and a decline in the price of chrome.

Since then, there have been interminable court battles between Leda, the business rescue practitioners and another Chinese-controlled company, Cheetah Chrome South Africa, Dilokong's purported new owner.

Leda challenged the rescue practitioners' 2017 sale of Dilokong to Cheetah. Leda claimed its 40% stake in Dilokong's holding company should give it a similar stake in the mining right held by Dilokong.

This matter is at the Supreme Court of Appeal after the Johannesburg high court dismissed Leda's claim, calling it opportunistic.

The rescue practitioners have since tried to revoke the sale to Cheetah and this is now facing arbitration.

And Cheetah successfully interdicted the rescue practitioners from selling a valuable tailings dump at the mine.

[goingforarun] 24/12/2020 11:48

Copper RNS-New Year?

[adejuk] 24/12/2020 11:37

the pressure is on
i would not like to be out of this at the weekend :-)
copper rns on its way

[plat hunter] 24/12/2020 11:32

Nelson's Grandad invented Queensbury though.

[adejuk] 24/12/2020 11:29

ok plat
it'll take a lot more digging but i'll get my grandad who was a pro bare knuckle fighter !

[plat hunter] 24/12/2020 11:23

I bet Nelson's Dad is bigger than yours lol

[adejuk] 24/12/2020 11:17

i'm gonna get my dad

[daocana] 24/12/2020 11:06

i see the xmas spirit is still alive and kicking..good will to all men.and all that

[moneyman50] 24/12/2020 10:29

Dear old Platty-ramping another share to death on the JLP board -first it was SLP and now it is Hum.
Happy Xmas to all JLP shareholders and let’s look forward to a very prosperous new year

[plat hunter] 24/12/2020 09:58

Kenny, think how much HUM you could buy with your gains here :-P

[highly geared] 24/12/2020 09:56

Kenny, don’t sell any this side of 25p, otherwise you’ll regret it. If the next 5 years turn out to be a commodities bull cycle JLP will easily achieve a £Billion market cap based on what we already have .

[nelson01] 24/12/2020 09:34

I'm going for $37 million of earnings for the 6 months from June to December.

[kennyp52] 24/12/2020 09:01

Could take profit ... but loads more to come IMO ..

Lowest price paid: 2.23p
Weighted average price paid: 4.41p

[9tintin] 24/12/2020 08:26

Approaching the end of a retched year the price of metals remains strong.

BBI stands at a record high of $2889

JLP's Prill Index also stands at a record high of $2242

Cu stands at $7810 a ton.

All good going forward into a transformational New Year.

Happy Christmas to ALL Jubilee shareholders

tintin

[plat hunter] 24/12/2020 08:25

Another brand new account stetching reality.

[freedom97] 24/12/2020 07:54

Just heard on BBC, the European Stock futures are Surging.

[robers98] 23/12/2020 23:43

Brexit: EU-UK trade deal expected, as cabinet briefed

The EU and UK appear close to striking a post-Brexit trade deal, with Boris Johnson briefing his cabinet on the progress of talks in Brussels.

Disputes over fishing rights and future business competition rules have been the major hurdles to agreement during months of often fraught talks.

But BBC political editor Laura Kuenssberg said Downing Street now seemed "very confident" of a deal.

[nash81] 23/12/2020 21:48

sold out few weeks ago JLP. done well though took long time. 2021 will be time for battery metals and copper. already position in AST for nickel assets in CUBA.

also decided to buy into IIP yesterday - assets in india with NAV at 15p. share price now only 1p, could give me 10bags

will see how JLP performs next year