Jubilee Metals Share Discussion Threads

[pshevlin] 16/11/2022 16:49

Did anyone go to the AGM?

[philby1] 16/11/2022 16:48

Jubilee Metals PLC

@Jubilee_Metals

Jubilee’s Annual General Meeting was held at 11 a.m. today (1 p.m. South Africa time), Wednesday, 16th November 2022. All the resolutions proposed at the meeting were passed with the requisite majority votes.
Thank you to everyone who attended.
4:23 PM · Nov 16, 2022
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[adejuk] 16/11/2022 16:24

sp is awful

[goingforarun] 16/11/2022 15:40

Surprised that no one has reported on the AGM. Feels like everything else…very dull!

[moneyman50] 16/11/2022 15:26

Ye -amazing how selling £4.84 worth of shares brings the shareprice down.
Come on Mr Coetzer lets have a quarterly production update

[coppertone] 16/11/2022 15:16

60 days are up

[lights out] 16/11/2022 15:12

A break below 11p could be nasty :((((((

[lights out] 16/11/2022 15:08

Yes Deme, back to 2 year lows. I remember Leon and Colin buying 500k shares each at just under 11p about 2 years ago. Funny enough the share price shot up after that. Slp at 6 months highs and JLp at 6 month lows. So we can't blame the war and what ever else people on here keep looking for excuses to blame. On the other hand the PE is 16.5. So maybe new buyers aren't interested??

[deme1] 16/11/2022 14:58

Shocking performance.


I hope those at the AGM have made the BOD feel uncomfortable! Leon missing more deadlines, aimlessly watching the share price get trashed and sticking heads In the sand.

Even the worst of the worst stocks have seen a rebound off their recent lows, yet JLP are at risk of hitting lower lows, and a return to single figures.

That said, if I was just issued millions of shares at a price of 2 - 3p then I would be bailing quick time! Confetti Colins legacy will be felt for years

[lights out] 16/11/2022 07:34

Thanks WYK.
Last year we had a presentation at the AGM. Hope there is some coverage that will be uploaded..

Thanks.

[wet your knot] 16/11/2022 07:31

It's on their website.

[wet your knot] 16/11/2022 07:30

LO: Your attention is drawn to the letter from the Chairperson of the Company
which is set out on pages 5 to 7 of this document and which recommends that you vote in favour of the resolutions to
be proposed at the Annual General Meeting and the notice convening an Annual General Meeting of the Company
to be held at 11 a.m. (UK time) on 16 November 2022 at Fladgate LLP, 16 Great Queen Street, London, WC2B 5DG
as set out at the end of this document

[lights out] 16/11/2022 06:55

I was expecting maybe a twitter or RNS out about the AGM today. Does anyone know forsure its happening today?

[katundu] 16/11/2022 06:33

I heard a rumour out of South Africa that there was a death at Dikwena/ hernick last week and that production is down temporarily.

[goingforarun] 15/11/2022 16:28

It would be nice to have something ahead of the AGM that might stop this malaise! Painful to watch!

[satch12] 15/11/2022 11:53

Or is it tomorrow ?

[satch12] 15/11/2022 11:50

Should we be expected an rns prior to the agm on Thursday.

[the bull] 15/11/2022 11:48

I checked Slaters fund this morning. In the interims in May 2022, they confirmed a number of companies where they had reduced and some where they have added. Jubilee was listed as an add. Bit out of date now though

[pshevlin] 15/11/2022 10:39

About 70 000 000 outstanding then?

[pshevlin] 15/11/2022 10:36

Anyone checked to see if the major holdings are going up or down over the last few months. Might give us an idea as to who is soaking up the dumping. Hargreaves and ii are just us poor suckers.

[robers98] 15/11/2022 10:33

From the annual report.

At the last practicable date, the Company had the following warrants outstanding:
Issue Date
Number of
warrants
Subscription
price
pence
Expiry
date
Share price
at issue date
(pence)
19 Jan 2018 49 028 476 6.12 19 Jan 2023 3.55
28 Dec 2018 10 000 000 3.38 28 Dec 2023 2.40
19 Nov 2019 7 818 750 4.00 19 Nov 2022 4.13
22 Jun 2020 750 000 3.40 22 Jun 2023 3.90
21 Jan 2021 4 036 431 13.00 21 Jan 2024 13.20

deduct the recent RNS 2,500,000

[lights out] 15/11/2022 10:32

Coppertone, he said the same thing at last years AGM. And now the 60 days has turned into 180 days as Leon said next quarter ( and that's a maybe). All depends when government agrees the deal which is probably what Leon is waiting for... so it's probably out of their hands.

[goingforarun] 15/11/2022 10:29

The point on warrants should be that we should be buying an equivalent in the market when these are exercised, to avoid shareholders taking the pain?

[robers98] 15/11/2022 10:26

The total number of shares in issue is 2,676,684,838. The percentage of shares not in public hands is 0.120%. This information was last updated on 11 November 2022.
Significant Shareholdings
Investor

Slater Investments
Hargreaves Lansdown Asset Mgt
Interactive Investor
ACAM LP
FIL Investment International
Canaccord Genuity Wealth Mgt
Veddis Capital
Jupiter Asset Mgt
Quantock plc

Number of shares

271,463,789
240,994,235
217,484,482
209,447,822
205,676,451
198,302,197
121,090,517
96,433,663
93,350,624

% of shares in issue

10.15
9.01
8.13
7.83
7.69
7.42
4.53
3.61
3.49

[pshevlin] 15/11/2022 10:20

Quite a lot as it's a way of employing people on the cheap. It has to stop as it is severely detrimental to shareholders who have to pay the top prices. There should be little need for them to be issued from here on in as we will be throwing off cash. Might be brought up at the AGM if anyone can ask questions.