Jubilee Metals Share Discussion Threads

[pshevlin] 26/10/2022 11:09

Has Mark Slater still got all his holdings?

[pshevlin] 26/10/2022 10:54

If it looks like it's going to 7p maybe you should pay a visit to specsavers. Filtered anyway.

[adejuk] 26/10/2022 10:45

dopionomics - filtered

[the bull] 26/10/2022 10:22

Good luck with your 7p buy order, if you get that, I will be putting my house on this at that price.

[lights out] 26/10/2022 10:02

Just did a very rough calculation at today's metal prices. When Jubilee announces that they have 600 000 000 tons of copper and cobalt tailings in reserves that would be worth in earnings over 10 billion dollars ( over 25 years). Makes you think!! Market needs to wake up!! We don't even need to mine the material...

[lights out] 26/10/2022 09:20

I agree Bull. But now that we know we producing 80 tons a month of cobalt, we should definitely reach that 100 million dollar earnings mark for year ending June 2023. Therefore we should at the very least go back to 19p.

[the bull] 26/10/2022 09:13

I get the feeling we aren't going to see much product from the north of Zambia for some time so will have to rely on Sable working at max capacity and the SA contribution. Maybe 18 months before fully ramped up? unless the re-purposing can speed that up

[sleveen] 26/10/2022 08:41

Some might say the pump before the dump, like the good old days when Colin was aboard.

[deme1] 26/10/2022 08:14

lights out.

get use to it, a formula as old as time lol

[lights out] 26/10/2022 06:30

Leon certainly made a big effort pushing out 4 or 5 interviews over the last few days and the blady share price still drops 5 percent. Damn annoying. Just venting.

[the bull] 25/10/2022 17:40

repurpose an existing facility - like Sable, hopefully quicker to be up, running and contributing

[wet your knot] 25/10/2022 17:24

The recording is on Investor Meet now. He says two objectives for the North: acquire a decommissioned refinery (for refurbishment) and also to partner with the existing owner to take on part of an existing refinery. He adds that the combination of the two will give scale. He says completion of these transactions within the next quarter. If being pedantic I would say therefore by March 2023 latest or could be end of December I suppose.

[pshevlin] 25/10/2022 17:02

He said pretty definively that the decision to repurpose an existing facility had been made. That was what they were comparing the financing for. It's also obvious they have settled on a specific target and are into negotiations which means no updates until they are complete. People want too much on here.

[timhigginson12] 25/10/2022 17:00

On a P/E of 8 the share price of 11 looks spot on. Using the ratios from 21/22 and the expected tonnage and margins from 21/22 the share price would be 17p.
The payback period for the 58m capex just spent seems to be about 2 1/2 years. If I use this payback period the CAGR would produce a 10 fold increase in the share price in 7-8 years. The size if the company at the end of that period would still be small in relation to the worldwide opportunity.

[sb] 25/10/2022 16:52

Wasn't it 60 days to make a decision as to which way to go. If he is saying he now he wants the DEAL to be finalized by next quarter that says decision made doesn't it and target is under negotiation?

[lights out] 25/10/2022 16:21

Mmmm... so the 60 day announcement is out the window... as expected:(

[sleveen] 25/10/2022 16:17

I took that to mean Q1 2023.

[lights out] 25/10/2022 16:14

When Leon said he would like the Northern strategy deal finalized by the "next" quarter. Did he mean 1st quarter of next year since we already in the last quarter of the year.??

[aaspell] 25/10/2022 15:54

To be fair from SA most places are North

[lights out] 25/10/2022 15:47

He said a new refinery in the north... mmmm

[philby1] 25/10/2022 15:17

Leon on Proactive Investors:

[deme1] 25/10/2022 15:12

Is Leon still presenting.

If so someone wing an email over asking about the concentrate over at DCM that Colin once said was £20mil in the bank!

[scunny bunny] 25/10/2022 14:56

If a small word with a big meaning

[lights out] 25/10/2022 14:55

Leon wouldn't mention the additional 300 000 000 of copper/tailings unless it's a sure thing. You don't have to be genius to figure that out! He's letting us know now because he is under the pump from the falling share price.