Jubilee Metals Share Discussion Threads

[freedom97] 11/8/2022 11:50

Remember, often many trades showing in the sell column are often buys due to buys that go through below the mid price.

You can normally tell which are buys when you see larger trades going thru at higher price than the smaller ones. Of course not in all cases as when a MM needs shares to fill a buy order near the completion of filling a large order they offer higher price to those wanting to sell to complete the order.

[the bull] 11/8/2022 11:46

12M volume, quite high for jubilee, mostly sellers and the price still blue, has to be a good sign. Just wait to Ollie brings in some new II's

[freedom97] 11/8/2022 11:23

That's true tintin. No one knows if Jubilee has or not that's why I said, 'Could have'.

But from what Leon has been saying in past, it's more likely than not.

[freedom97] 11/8/2022 11:21

Oh and regarding Copper production being at 80% as with other metals it takes many weeks like Chrome production did to ramp up to 100% as far as I'm aware they have to ramp up slowly to make sure the machinery can cope with the load. Leon did explain in a webcast a few years ago. I suggest asking Leon why it takes time to reach full capacity.

[9tintin] 11/8/2022 11:18

freedom

By the same token - "Jubilee may NOT have any international projects going through the lawyers now" - therefore you have no idea as to the accuracy of your inference.

Wishing on a star - LOL

tintin

[freedom97] 11/8/2022 11:11

tintin, you shouldn't invest in this type of industry as often things can take longer than planned. It is very rare that companies are on time due to many circumstances that can cause delays. I seem to remember (without checking!) that Leon says we expect to ... or hope to ... So if that's what he says in RNS's (haven't got the time to check) then no delay!

[freedom97] 11/8/2022 11:01

No I'm not frog, get your eyes tested, I said:

"So Jubilee could have a few international projects going through the Lawyers now!"

[tonyevo256] 11/8/2022 10:31

The exit by some investors yesterday was not really down to the update but more to do with their personal investing strategy. Although the copper side did disappoint the PGM side de-risks the company as an investment, we now have 100% control of our pgms and can guarantee a minimum of 44k ounces pre year. This alone will underpin our current share price until we can produce copper on a commercial basis. Currently the copper and cobolt have not been priced in by the market as the contribution has been minimal.. I will be adding more as the next update will show growing revenues driven by copper and cobalt

[9tintin] 11/8/2022 10:26

freedom

So providing pi's check what they are going to post is correct and include paragraphs etc from where they got the info before posting, then not a problem. Or at least say, 'this is just my opinion I could be wrong' then no problem imo.

You mean like saying ""Leon has delivered on time" - LOL

Sorry couldn't resist.

tintin

[21ant] 11/8/2022 10:19

Anyone got access to the WHIreland research note from yesterday? Wondereded if they had adjusted their fair value target which was 29p

[frogkid] 11/8/2022 10:06

Now you are making stuff up freedom. You have no idea if any deals are being done

[freedom97] 11/8/2022 09:41

Mya, I disagree (re. 47665 post) it just wastes pi's time in having to check if what they posted is correct as it might differ from what you thought you had read in the companies RNS's. Of course if it were correct then not a problem as it has corrected your wrong view having misread the RNS(s).

So providing pi's check what they are going to post is correct and include paragraphs etc from where they got the info before posting, then not a problem. Or at least say, 'this is just my opinion I could be wrong' then no problem imo.

[kilgallp] 11/8/2022 09:35

In case my post 47641 may have been misconstrued. I believe JLP will do well in the future. I have no intention of selling any of these shares.
My point. I looked at the update a little after 7, and for me, despite a variety of problems, I was very pleased with what I read, and expected some upward movement in price , (not a lot). When I checked my shares at about 10, I could not believe the price had dropped. Maybe, it's just me!!

[mya viet] 11/8/2022 09:33

Couldn't agree with your more Freedom Leon has done a fantastic job I believe Colin also did a wonderful job. I also expect JLP to be negotiating possible deals internationally. All in all Jubilee have a very exciting future my only concern is instability in the financial markets due to extreme measures brought in by puppet governments due to the hoax of climate change due to human activity. This false narrative is pushing countries into high inflation and poverty..

[freedom97] 11/8/2022 09:25

Re. "Global Expansion" it can take up to 6 months even longer for deals to be completed as lawyers take so long in doing their work. For example if you buy or sell a house in the UK the lawyers/Solicitors often take from at least 6 weeks to 12 weeks on average to get to the deed signing day. Whereas in some countries it's possible to sign the deeds in less than a month even within one week.

So Jubilee could have a few international projects going through the Lawyers now! we just have to let the company get on with the great work they are doing.

I'm very happy with my investment here and have been invested in Jubilee since about 2008. Yes, it's taken a long time for Jubilee to get to where it is now a successful pgm producer but we should start to see rapid growth now that the company has a solid profit making business instead of the many years of loss making and share issuing just to keep the company from going bust. Leon has done a fantastic job in turning this company around.

[kennyp52] 11/8/2022 09:08

Jam tomorrow ? It’s actually happening NOW .. it seems until the financials are actually published the penny will not drop . Production is happening , PGM prices have been down .. company can do nothing more with the resources to hand than they are doing imho.

[9tintin] 11/8/2022 09:03

Froggy

" Never fall in love with a share" - lol

I can see your rationale for the dividends in the current climate.

Whereas Jubilee has become a "Jam Tomorrow" frustration and we can't blame Covid anymore!!

tintin

[mya viet] 11/8/2022 08:57

So Freedom it's just as well tintin posted it. We are able to discuss his post and come to a conclusion through factual argument.

[frogkid] 11/8/2022 08:51

Agreed we need something to get this moving. Leon can keep giving interviews until he is blue in the face but nothing is moving the price. Where is the new Chairman influence? Where is the expansion? When will we see the cobalt? What the hell is wrong with our deal makers that we cannot monetise Tjate? I'm going to review in three months but my patience is also running out. I expect an update in 3 months with some decent news in between or I will get shot of 2/3 of these and move onto divi paying stocks.

[nelson01] 11/8/2022 08:50

Be patient folks.....when the income from copper comes on board the share price will explode just as it did when it became apparent that we were going to make massive margins on pgms. Nothing happens for years and then boom. I don't think that boom is far away

[9tintin] 11/8/2022 08:43

Only disappointment freedom is that we are sat at 14p !!

I have a bucket load of these averaged at single figures, but there is a limit to how long I'm going to wait (been in Jubilee for over eleven years) - patience is wearing thin.

I have no wish to see the share price go down any further thank you, as for bashing the share - I'm a realist, the market tells us where we are or has the market got this wrong ??

Thought the update was better than it could have been but Jubilee has lost some of its attraction it would seem - what's happened to the "Global Expansion" ?

Need some big news to get us moving and of course the price of the product to recover.

tintin

[freedom97] 11/8/2022 08:32

No problem pi's posting their own views but they need to make sure what they are posting for example re. delays is correct otherwise if wrong as in tintins case, it's misleading pi's.

[goingforarun] 11/8/2022 08:31

Think the time is right to start receiving quarterly updates from now on? Even high level production numbers should start to show progress?

[mya viet] 11/8/2022 08:27

This is an opinion board
, am I right? So why is it so many persons on here hate it if someone opinion doesn't match up with theirs. Isn't best for all to make decisions when given both sides of any argument..