Jubilee Metals Share Discussion Threads

[pshevlin] 18/11/2022 12:47

That is any serious situation moneyman. From what I gathered the load shedding was being mitigated by the installation of generators so I can't think that will be a problem. Water was also mentioned so I'm sure they will be on top of it. Perhaps people could start posting some positive information re PGMs etc like we had when the share price was rising.

[boris cobaka] 18/11/2022 12:42

Moneyman - any situation that arises that is likely to impact their operations they are required to notify the market.

[moneyman50] 18/11/2022 12:29

Hi Pshevlin
Have also contacted the company and asked if there is an merit in the rumors about PGM production hit by load shedding and the water situation in Zambia.
Don’t expect a reply though

[lights out] 18/11/2022 12:05

Market cap has almost halved (280)and yet Leon and Colin keep talking like the Market cap is on its way to one billion. It's along long way from a billion now unless they fire out more shares.

[boris cobaka] 18/11/2022 12:01

Keep calm and carry on (selling)!

[pshevlin] 18/11/2022 12:00

Quite Ade. It's like the old fairy tale about the housewifes pot. Just keeps on refilling itself. I'd prefer the goose that's laying the golden eggs.

[adejuk] 18/11/2022 11:58

since july, glencore is up 25%

[adejuk] 18/11/2022 11:54

shev. i was saying that 8 months ago
plus ca !

[pshevlin] 18/11/2022 11:49

I think Leon said "very large sum" moneyman. However someone is selling into any small rise desperately here. Once they are gone they are gone though.

[pshevlin] 18/11/2022 11:47

I've just contacted the company to ask why they are not doing anything to support the share price I would suggest everyone should do the same. One can but try.

[lights out] 18/11/2022 11:42

You know about the little boy that cried wolf. Well this is the market saying they're fed up.
How many times have the goal post been moved and when something doesn't work out ( Cyprus) for some strange reason Leon choses not so say anything amd thinks the market will miraculously forget about it. I'm glad Cyprus never happened but why not just be transparent... and there many things that's not transparent and we are always second guessing. 10.35p next after that it's much much lower. But hopefully by next year things would have changed!!!

[moneyman50] 18/11/2022 11:40

It is interesting although not falling the Tharisa shareprice is stuck around £1.00 despite.
1-Updating the market on a quarterly basis.
2-According to their latest update they have net cash after debt of circa $80 million
3-Are also probably on a P/E of between 2 to 3 and pay healthy dividends.
Despite all the speculation about low shredding have not had the level of their production impacted by load shredding.
4-Undertaking the development of a very profitable new PGM project in Zimbabwe.
No doubt if Tharisa and JLP were involved in some very speculative high tech sector their p/es would be multiples of tens and not 2 to 3.

It was very interesting that in a recent interview mentioned the “takeover̶1; word stating someone would have to be a large sum to acquire Jubilee!

[frogkid] 18/11/2022 11:35

Sp may well be at 10 year level but how many more shares in issue in that time. Very disappointed with this performance. Its awful whichever way you slice it

[alpal2] 18/11/2022 11:34

Ouch! This is really painful. What is causing it?

[pshevlin] 18/11/2022 11:20

This is now becoming ridiculous.

[adejuk] 18/11/2022 10:47

sp at 2012 levels
in the light of the progress made this is really madness.
i am still bullish but containing a lot of disappointment

[lights out] 18/11/2022 10:46

On a positive note at least we closer to the bottom and flushing out weak hands. Year end earnings(June 2023 )will/should be record earnings..

[pshevlin] 18/11/2022 10:44

Deme. You refer too much to the past. Debt was paid off (unfortunately in warrants which I believe is one of the major reasons for the fall) so that fund raises would not always be necessary. Hopefully that is still the case and I would expect some consolidation given Leons comments about shareholders paying the price for recent expansion. Sadly I think that your comments, though heavily disguised, are indicative of your wishing to see the drop continue so that you can buy at a lower price.

[boris cobaka] 18/11/2022 10:25

Sb - I know it's like a board full if 'blakeys' from on the buses.

[deme1] 18/11/2022 10:21

Pshevlin

I think the problem being is that nearly all shares have bounced off lows caused by the war and recession fears. I make that statement in relation to my watch list of shares, which are all showing recent gains.

And bear in mind I have a couple of dogs in that list, which are only there as they have fallen dramatically and I believed had further to fall yet even they have bounced.

This pain is all down to Leon and Colin loading up the company with cheap warrants which are now being sold, free money for the few entitled ones.

I would assume Leon is to embarrassed to talk about the share price and the cause of the drop.

Just like in the past where expectations were not met and the share price suffered, Leon and Co will Bury their heads in the sand.

One more quick theory, going from past history, don't be surprised to see a capital raise/dilution to fund the next expansion. That being the case would see the age old ones in the know selling out tnow to participate in the fund raise at a lower cost.

I would love to be a fly on the wall in Leon's office!

One thing is for certain, our share price is at multi year lows at a time where we allegedly have the most amount of income streams now online

[pshevlin] 18/11/2022 10:19

I remind people that these were the latest holding figures 11/11/22

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


Does anyone have any later ones? Then we can have some idea as to where the supply is coming from if it's one of these.(And who maybe soaking them up!)

[sb] 18/11/2022 10:14

Does anyone think that all of this moaning and negativity is actually going to HELP the share price? Price movements are all about sentiment; a load of belly-aching punters venting for the sake of it will do nothing to improve sentiment. I suggest the usual culprits, you know who you are, just STFU ...although actually I suspect that that wouldn't align with your real reason for the constant negative posting.

[pshevlin] 18/11/2022 10:12

Last we heard Slater was adding so I doubt it's him especially since the volumes are not that high. Unless he can unload very large numbers he will only damage his remaining holding.
Amid all this perhaps people should remember that unless something serious has occured next half year figures should show higher profits. Too many on here frightening the headless chickens.
Any chance of updating the figures in the headers Undertaker and the BBI Bullster?
It would also help to know the latest figures for major shareholders. Does anyone know where to get them from?
At the moment there is too much negative speculation (purposely from some)

[deme1] 18/11/2022 10:03

Maybe it is Slater offloading.

us mortals will know after the fact.



Well done Leon and team, absolute shambles!

10p incoming and dare I say single figures.


You would like to think the BOD would purchase some shares to instill some confidence.

[boris cobaka] 18/11/2022 10:01

Jam????

Thin gruel would be welcome by many I suspect sigh....