Jubilee Metals Share Discussion Threads

[adejuk] 06/8/2021 12:55

aotbe i don't think that 40p is out of sight in 12 months.

[adejuk] 06/8/2021 12:51

frog, you will be a squillionaire if it hits 28p.
do you have an exit target?
i will sell a chunk and hang on to the rest for at least a year

[5teadyeddie] 06/8/2021 12:48

LC quiet on any other development activities (eg Cyprus or even Leinster Nickel), but I guess today is about showing the growth of the company and its repeatability of earnings.

In the Zak Mir interview he refers to the transferability of the processes in other jurisdictions as part of JLP gaining a higher P/E, so maybe there is something in the wind.

[robers98] 06/8/2021 12:42

Good interview from Zak, copper increasing over the next 6 months to match pgms then go past. With the potential of another region/metal back on the menu for expansion.

[freedom97] 06/8/2021 12:36

robers, good that mm's are paying above bid price for those 500k trades, bolds well.

[bullster] 06/8/2021 12:27

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Now for the good news!

When accounting for the higher average basket price between the two six months periods the latter should have been $326 per ounce higher, on a comparable performance basis.

I can only put that down to a rise in costs or the construction disruption at Inyoni, or a bit of both.

So, i expect we will recover some of that earnings potential as Inyoni is fully uninhibited.

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[robers98] 06/8/2021 12:26

Mr 500k keeps dropping in the hold the price back.

[freedom97] 06/8/2021 12:24

www.sharecast.com/news/aim-bulletin/jubilee-metals-posts-good-growth-after-year-of-investment--8057951.html

[freedom97] 06/8/2021 12:17

Zak interviews Leon:

[5teadyeddie] 06/8/2021 12:13

The Net Operating Margin of 54.5% (69.6/127.6) is amazing. (H1:56.8%, H2:53.0%).

Too amazing - going to have to look closely at its make-up in order to estimate FY2022. No wonder the vendors of the Eastern Limb PGM material were able to negotiate a profit share!

Hats off to Leon and the team for the fantastic progress.

EDIT: Ha! Bullster's shed light on this while I was wrting it!

[bullster] 06/8/2021 12:04

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PGM

JULY TO DECEMBER 2020:

28,187 oz for $38,161,637 earnings, average BBI $2,368

$1,354 per oz earnings

JANUARY TO DECEMBER 2021:

21,975 oz for $50,754,574 earnings, average BBI $3,650

$2,310 per oz earnings


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[freedom97] 06/8/2021 12:01

Zak Mir gives chart update:



5:20min in

Could hit 28p in 2-3 months.

[john185] 06/8/2021 11:54

Impressed with the engineering team Jubilee have built up, and bodes well for future projects in any metal or country. As someone who has worked for a few years in engineering projects ( not mining related ) the build time for Inyoni 2 has been excellent. Wasn't always so - those of us who have been here for a few years will remember the original Inyoni project where the company kept saying it was complete but commissioning took for ever.
The 2 things the management of any partner companies will want to know before committing is do JLP have the technical expertise and equally importantly are their finances sound enough to guarantee completion ( have worked in situations where the latter was not the case ). Think we can give a big yes to both.

[tonyevo256] 06/8/2021 11:38

Excellent update, slightly better than I expected. Give it time, wait for the analysts and commentators to give it some coverage...I am expecting a slow rise into the twenties from here..can't see any downside all. The pant wetters who thought the worst might even buy back..

[freedom97] 06/8/2021 11:17

Surely the market will catch on, Jubilee is a great company to invest in:

"Jubilee Metals FY 2021 Operational Earnings Soared

Jubilee Metals Group PLC on Friday reported that its operational earnings nearly tripled in fiscal 2021."

[frogkid] 06/8/2021 11:14

I am extremely grateful to the teat suckers for allowing me to pick some more if these up cheap this week. I have my fill of JLP now which I will hold, and am starting to diversify.

[frogkid] 06/8/2021 11:10

Might hit 20p after all today, this has not hit the news stands yet. Extra extra, read all abaht it.

[gsg] 06/8/2021 11:03

Interesting comments from Leon.

"We've pumped in north of £35m of capital over the last period and we are set to even exceed that in the coming period."

"Our growth isn't over in South Africa"

[juju44] 06/8/2021 10:55

Will it end the day red ?

[the bull] 06/8/2021 10:54

wyk - very strange that, the blurring of the pics. Some new plant yet to be announced or a meeting shaking hands with some chinese who have taken over Tjate

[the bull] 06/8/2021 10:49

Copper and big things to come out of that area very shortly - bring it on

[wet your knot] 06/8/2021 10:45

Just checked out the proactive interview. I notice that Leon has blurred out the background. I guess the photos in the frames are selfies that he took of himself sitting in a bathtub filled with rands.

[freedom97] 06/8/2021 10:40

Jubilee mentioned in News update: