Jubilee Metals Share Discussion Threads

[alpal2] 15/7/2022 11:54

Someone still offloading plenty at 13.5p

[adejuk] 15/7/2022 11:38

thx ant
i reckon our seller has sold well over 100 mill.
it has to be acam
the only other holder of that size, afaik, is slater and there's no way he's selling
in fact i think he may be the buyer
he is uber bullish re jlp - watch the interview.

[vt1] 15/7/2022 11:35

Institutions will be selling right across there portfolios.. There's alot of risk on there books.. They need to shed some of that risk. They know the markets are heading for crash..

[mya viet] 15/7/2022 11:33

Best wishes to you Frogkid with your investments. Kind regards

[pshevlin] 15/7/2022 11:13

Thanks ant. The corollary to that is that if someone is aquiring these dumped shares they would also have to issue a TR at some point. All very mysterious.

[21ant] 15/7/2022 11:07

I agree ade, pshev, frog.
Acam had 209,447,822 shares when last updated on 13th June which is 7.88% so by my reckoning they would have to issue a tr1 when they drop below 7%. To get to 7% they would have had to dump around 23,454,226 shares so obviously a bit more to drop below 7%. That isn't that many given how long this has been going on for so it's either not them, they haven't declared it or its imminent. Frustrating whatever it is.

In accordance with the London Stock Exchange (LSE) rules, Panel of Takeover
and Mergers board (PTM) rules, an investor who acquires, exceeds or falls below 3%, 4%, 5%, 6%, 7%, 8%, 9%, 10% and each 1% threshold thereafter up to 100% of a UK Company, must, under the Companies Act 1985 Section 198, disclose their interests to the London Stock Exchange and the company, within two days. The company may impose sanctions if disclosure not completed.

[sleveen] 15/7/2022 11:02

Correct frog

[frogkid] 15/7/2022 10:41

I thought it was every 1 per cent until below 3?

[pshevlin] 15/7/2022 10:19

Somebody will have to publish a TR at some point with these volumes being traded. This is unlikely to be PIs. What is 50% of ACAMs holding by the way? If someone can count back we might get a handle on this.

[adejuk] 15/7/2022 10:15

what disturbes me is the absence of a TR 1
acam held approx 10% and i believe they have to issue if they fall below 5%
am i correct ?

[freedom97] 15/7/2022 10:06

"w have followed jlp for many years and many of us have made fantastic returns."

So what was your user name(s) before 6 May 2022 Mya viet?

[frogkid] 15/7/2022 09:52

OK my friend. A truce. Just please stop posting all the conspiracy stuff.Regards Frog

[deme1] 15/7/2022 09:31

Tempted to get buy back a few at todays prices.

copper cam only stay low for so long with the world wanting electric everything!

Buy when others are fearful 😀, yet keep a huge wad of cash on the sidelines

[mya viet] 15/7/2022 09:29

Frogkid. You really need to take a look at yourself please.. Most of us here are avid JLP supporters and investors, w have followed jlp for many years and many of us have made fantastic returns. We all want JLP to be a huge success. So any financial information or economic information posted here is for the good of all.. Can we get along even if you don't agree with some of that info. At least keep an open mind rather than attack the messenger. I hope we can now have this childish behaviour stopped for the good of everyone

[robers98] 15/7/2022 09:20

JLP)-Corporate - Progress in Jubilee's Zambian copper strategy - an update
Market Cap £373m Share Price 14.1p

Jubilee today provides an update on its Southern copper refinery strategy in Zambia which includes the development of the Roan concentrator to provide raw material to the Sable refinery. Commissioning of the Roan concentrator on Run Of-Mine ore and tailings is well underway and expected to reach design capacity by the end of this month to deliver 10kt/yr of copper in concentrate to the Sable refinery. Sable is expected to produce 12kt/yr of copper cathode with the addition of some third-party raw materials. Jubilee has also installed a cobalt refinery circuit with a capacity to produce up to 1.2kt/yr of cobalt- although the actual production will depend on the feed grade from the third-party ores. Commercial production of cobalt is expected in August and we anticipate it being a useful revenue generator in its own right.

Construction at Roan began barely a year ago after logistical delays caused by the Covid pandemic and to manage and self-build the plant is testament to the management capability inherent in Jubilee - one of its key features in our view. This in-house capability will stand the company in good stead as it moves its attentions to the various raw material plants it has planned for its Northern copper refining strategy centred on an existing Mopani SxEw plant on care-and maintenance. Once in production these two refineries will make Jubilee a copper (and cobalt) producer of scale in Zambia and generating significant profits in our view.

WHI View: Jubilee has had a solid technical year (FY ending in June 2022).
It has built significant chromite treatment plants in South Africa and expanded its primary profit centre at the Inyoni PGM plant also in South Africa set up to treat expanded production of chromite tailings. At the same time it has self-built the Roan copper concentrator in Zambia and put together the longer-term, and bigger-scale plans for its Northern copper refining strategy. At this time, and pending publication of FY 2022 numbers we place our fair value of 29p/sh under review as we incorporate the many changes to Jubilees plans since our last research note published in December 2021.

[frogkid] 15/7/2022 09:14

I have screengrabbed so don't try to edit. The use of double dot is noted on these 2 posts from different avatars. Amateurs.

[vt1] 15/7/2022 08:55

All sells this morning.. Another down day

[mya viet] 15/7/2022 08:22

Another dat and another verbal attack from the vulgar frogkid.. I was hoping you would have thought about your actions overnight.. Shame on you

[frogkid] 15/7/2022 07:41

It's hardly disgusting is it? I'm just tired of you and your alter ego posting your weird conspiracy theories on here. Go and get your X Files boxset out and start from episode 1 season 1. That should keep you quiet.

[sb] 14/7/2022 18:06

Just noticed... THS is at 95p! It was £1.50 just a few weeks ago.... SBSW down to 9p! JLP has held up amazingly well in comparison over the same time.

[mya viet] 14/7/2022 17:47

Undertaker. How can you let Frogkid get away with this disgusting behaviour?

[frogkid] 14/7/2022 17:14

You forgot to switch to your other account here you mug , what an idiot

[adejuk] 14/7/2022 16:11

can't be long shev
must be close to 150 mill now.

[pshevlin] 14/7/2022 15:43

On topic, how long before the seller runs out? Amazing that the share price is steady.