Jubilee Metals Share Discussion Threads

[pshevlin] 31/10/2022 13:58

500k at full price.

[adejuk] 31/10/2022 12:51

we'll all be ok shev
esp we braemore holders in the mills :-)

[pshevlin] 31/10/2022 12:50

Going back up?
"Well, all the odds are, they are in my favor
Something's bound to begin
It's gotta happen, happen sometime
Maybe this time, I'll win

[21ant] 31/10/2022 12:32

Don't think so ade but I could be :-)
I have been known to talk to myself before

[danieldanrichardson] 31/10/2022 12:01

Noted deme1

[adejuk] 31/10/2022 11:16

21
are you me?
since braemore and 2 mill?
snap

[21ant] 31/10/2022 11:09

Also bear in mind they are 1st quarter results from SLP. We don't know how we've performed in Q1 yet. Lets hope we get some kind of update but I imagine it would be fairly positive just like SLP.
I understand the frustration deme and having been here since Braemore and holding a couple of million shares I share your frustration but sb is right about the fundamentals moving forward. That's why we still hold??

[sb] 31/10/2022 10:43

SLP is at the same price it was at in January 2021; JLP is at the same price it was at in December 2020. One of them has carried out a massive investment program to diversify the company and build a platform for extraordinary growth in metals which are known to be key to the future of the global economy...the other has given some money back to shareholders as they have little idea what else to do with it. I know which I would rather be in, being a long term investor.

[deme1] 31/10/2022 10:34

I agree with Husbod, and having been here for an age, I would say I'm entitled to that opinion.

As for the "Why waste your breath" comment. you understand this is a BB, so why waste your finger movements would be more apt 😉

[danieldanrichardson] 31/10/2022 09:31

Stupid comment. Why waste your breath

[goingforarun] 30/10/2022 14:58

Pity they didn’t provide a valuation? Not that it really matters in the current market!

[888icb] 30/10/2022 10:23

IC AIM 100 - JLP BUY RECOMMENDATION
64. Jubilee Metals
In mining circles, it seems that targeting specialist metals is becoming a more lucrative option than going all out for volume. At least that’s the impression you get as we get to grips with the prospect of a lower-carbon future. Jubilee Metals (JLP) certainly seems to have taken a considered long-term view of where markets are headed.
In the first six months of 2022, the metals processing and recovery company increased its Zambian copper production by 14 per cent to 1,388 tonnes, thereby driving net copper earnings by 30 per cent to £4.2mn. With one eye on the energy transition, Jubilee has also approved the development of a cobalt refining circuit at its wholly-owned Sable site in the Zambian Copper Belt.
For now, however, the company’s core operations still revolve around platinum group metals (PGMs), where prospects are set fair, at least on the pricing front. Analysis from Edison suggests that PGM prices for South African producers will average $2,520 an ounce (oz) between 2022 and 2030, or 2.5 times the pre-2019 average. Financial performance, specifically relating to costs, should improve on the back of a strategy to maximise the processing of historical tailings in-house, rather than via third-party channels.
Despite short-term volatility in metals pricing and the usual execution risks in Africa, the company’s lowly rating is rather hard to justify. Buy.

[pshevlin] 29/10/2022 16:01

Forget filter. Ban him/it!

[petersinthemarket] 29/10/2022 09:29

another one for the filter

[tonyevo256] 28/10/2022 21:28

NAV is actually 4.84 according to the report...even better than I thought...

[adejuk] 28/10/2022 17:32

patience = wealth

[tonyevo256] 28/10/2022 16:15

P.E is 16 but we all know why..
Cash is 16m+....debt is zero....NAV is around 4.5p....looking damn healthy

[aaspell] 28/10/2022 15:18

Well the final accounts to end of June show 16 Mill in cash at year end and the October presentation also quotes 16 mill in cash & cash equivalents

[pshevlin] 28/10/2022 15:18

From current earnings. That position was at end of June and I'm not sure where they got the net cash position from and what is accounted for before it is calculated. Anyone help who is good at balance sheets?