Jubilee Metals Share Discussion Threads

[frogkid] 06/8/2021 07:41

Thanks HG,eyes not working properly

[freedom97] 06/8/2021 07:40

"a year-on-year operational earnings increase of 178 % and revenue increase of 133%." WOW WOW WOW!

And the rest of the Update WOW WOW WOW! ;o)

Well done Leon & Team.

[tonytyke2] 06/8/2021 07:31

Absolutely cracking results with record PGM ounce production H1 2021. Lots of further expansion works in play, which is going to further boost revenue generation moving forward. Well done the Team!

[1madmarky] 06/8/2021 07:30

Nice to see that there were no nasty surprises hiding in there. Very happy with the way things are progressing.

[highly geared] 06/8/2021 07:26

381/70 =c. 5.5

[cgequityinvest] 06/8/2021 07:24

Agreed looks like a significant beat against forecasts. Sharepad showed revenue forecast of £113m - actual £127.6. Not quite sure which figure to compare on profit but forecast Ebitda and ebit were £56.5m and £50m. Actual "operational earnings" £69.6m. Need to see direct like for like figures to check but also looks like a significant beat. Hopefully brokers revised figs out today for confirmation.

[frogkid] 06/8/2021 07:22

Currently p/e 5.5 HG?

[highly geared] 06/8/2021 07:21

Excellent update on all fronts, no negatives for me. H2 earnings at £40 million with FY just shy of £70 million. Current PE of c. 5.5

Ramp up of copper production in line with o previous forecasts. Well done Leon and team; couldn’t ask for more.

[frogkid] 06/8/2021 07:20

Should hopefully stop the bed wetting on here. Decent progress but nothing unexpected. Back to 20p in the next week or two.

[mount teide] 06/8/2021 07:16

Outstanding performance across all the core business units.

[3ootuk] 06/8/2021 07:07

Everyone happy now?
That's going to take some reading.

[frogkid] 06/8/2021 07:04

Here we go, its out...

[highly geared] 05/8/2021 21:55

I think the issue is one of aligning Jubilees reporting cycle with what is expected of an aspiring professionally run business; it should report quarterly with a fixed/ known calendar.

The cynical in me notes that Leon has got the last two or three 6 month updates out within 2-3 weeks of month end. Now we’re 5 weeks and counting... It causes retail holder nervousness, selling and pressure on the share price.

Why not get quarterly updates cast in stone to get the business on a proper reporting cycle and stop the speculation..

[gsg] 05/8/2021 21:27

Hhxxps://www.metalbulletin.com/Article/4001688/Recent-ferro-chrome-price-surge-in-China-supports-ore-market.html

Recent ferro-chrome price surge in China supports ore market

The chrome ore market for sales into China rose with fresh liquidity being reported in the week ended Tuesday August 3, following strong recent gains in the downstream alloy market.

Fastmarkets’ chrome ore South Africa UG2 concentrates index, basis 42%, cif China, settled at $182 per tonne on August 3, up by 4.6% from $174 per tonne one week earlier.

“With the profit available from ferro-chrome production, it would be easier for producers to accept higher ore prices,” a ferro-chrome producer said. “Meanwhile, chrome ore producers in South Africa are holding their prices firm [because of the] increasing costs of freight and high production costs.”

Confidence in the alloy market was transferred into demand for ore, according to some market participants.

“The alloy market looks set to remain strong for some time to come...

[goingforarun] 05/8/2021 19:45

As a shareholder I simply want to know earnings. Doesn’t feel too much to ask?

[sb] 05/8/2021 19:23

"tim
i am prepared for 15 but at the mo i feel like i'm trapped in headlights." "we are beyond 'timely' already. however this reminds me of old style jlp. opacity, silence and freefall. there are reasons for the delay. they may be good or not. at the moment fomo is holding it together." Seems more like panic to me......

[adejuk] 05/8/2021 18:19

who said i was fretting?

[sb] 05/8/2021 16:59

So you fret over a placement at 15p but buy 300k anyway..I think you need to get your words and actions aligned...

[scrappycat] 05/8/2021 16:58

ade,

re your 41888:

It has long been the aim of this company to achieve mid=cap status. Despite the South African location, I hardly think it would be wise for them to ignore AIM rules.

[adejuk] 05/8/2021 16:27

my buying doesn't temper my crit of leon and the canon
the delay is almost egregious imo
after so many years of peeing off investors you would think they'd have learned.

[adejuk] 05/8/2021 16:26

placing or large sell?

[adejuk] 05/8/2021 16:23

i added 300k today at sub 17
no fool like a clever one
and it all comes out in the wash
depending on the detergent

[adejuk] 05/8/2021 16:22

sb. i didn't get where i am by not changing my mind.

[lostabillion] 05/8/2021 16:20

Update tomorrow imo.