Jubilee Metals Share Discussion Threads

[timhigginson12] 21/11/2022 17:07

I hate companies buying their own shares. When I think of the fortunes US shareholders have lost on the big tech company buybacks over the last few years the losses are astounding. There is a time when I approve and this is one of them. We should approve a profit share for all employees of say 5% of the after tax profits of JLP and distribute shares to the value of that profit to every employee equally so the chairperson would get the same amount as a floor worker. ( management and others already have incentives that are different). Now would seem to be an excellent price for the company to accumulate shares which it will inevitably distribute at a later time making one hopes for a large profit. Not doing so may be read as an indication from the BOD that the share price is still to high !!

[lights out] 21/11/2022 16:44

Jlp is the last to leave the starting line compared to other PGM producers. Get on-board before she leaves the station. ;)

[husbod] 21/11/2022 16:39

And then they're the options including Ollie Oliviera with 2m at 6p and 2.5m at 7p both of which have vested already this year.If I were prime minister one of the first things I would do is ban options - the board can buy on the open market like the rest of us.The second would be to ban shorting but that's another story.

[lights out] 21/11/2022 16:36

We are entering a 10 year cyclical bull market in platinum.
hxxps://youtu.be/QXU1iliG1gs

YOU ARE BUYING JLP AT THE BOTTOM IMO!!

[pshevlin] 21/11/2022 16:17

Someone is definitely soaking these up. 500k just changed hands.

[pshevlin] 21/11/2022 16:15

If people look across to the "other" board (LSE) there is far more knowledgable discussion on the warrants (from 2018), their owners (Miton and Riverfort) and the consequences of them being exercised.Unfortunately it is just a situation which we have to work through which should not be repeated given the cash flow now in comparison to then. If some insti doesn't pick a lot of them up I will be surprised as this is really dirt cheap especially for those with the knowledge as to what is happening.
Ade, please stop feeding the trolls on here. I'm sure Leon isn't sitting on his thumb. This situation was created 5 years ago.

[lights out] 21/11/2022 16:09

How old are you AcesHi, two?

[adejuk] 21/11/2022 16:06

leon
how does it feel to sit on your thumb?
you are sitting by and watching a wonderful company being run into the ground.

[aceshi] 21/11/2022 15:56

Nick Grant2Thanks for an excellent analysis over on the other board. You'll note that the die hards will never put together an in depth, rational and accurate take on the investment outlook for JLP. Its mostly attacks on any objective analysis, like yours, or repetitive ramping one liners. Great to have some perspective.

[pshevlin] 21/11/2022 15:46

coppertone. Clear off, On here since 15th November with account from the same time and you are already an expert around talks with African Governments. Transparent or what? Another know nothing who just wants some cheap shares.
The share price isn't even anything to do with the talks at present. Even on the basis of current production it should be double.

[lights out] 21/11/2022 14:14

When you dealing with the government (zccm) 60 days can quite easily turn to 600 days. He probably had word that the deal would be done within 60 days...

[coppertone] 21/11/2022 14:07

Any news on Tjate Leon? Have u stopped flying to China for Tjate? Why can Jubilee not report on a quarterly basis? If only the share price was as big as your mouth and future jam stories are. 60 days is gone Leon

[adejuk] 21/11/2022 13:35

lol
ony if dey fom da hood

[coppertone] 21/11/2022 13:29

Let's hope this doesn't drop further.

[pshevlin] 21/11/2022 13:21

Just because warrants are exercised does not mean they will be sold. Only if an entity doesn't have the ready cash does that necessarily happen. Anyone with any sense will hang on for a better price even if it meant taking a loan.Bear in mind these are not just dim punters who know nothing about jlp. Maybe they will sell just a proportion in order to exercise the rest. Who knows?

[pshevlin] 21/11/2022 13:17

Ade, as you joined the bros?

[adejuk] 21/11/2022 12:43

lights
it will go to the moon
peeps are having trub firing their burners at the mo
and leon's puter isn't working

[lights out] 21/11/2022 12:05

Historically December has the lowest traded volume. It makes sense they selling now otherwise there will be no-one to mop up the massive amount by January.
They got caught with their pants down just like all of us that thought JLp was going to the moon.

That's my theory anyway. Each to their own.

[husbod] 21/11/2022 12:01

Well let's see what happens on or soon after the 24th when 4,659,599 additional shares are admitted to trading following the notification of the18th of that number of warrants being exercised at 6.12p.

[freedom97] 21/11/2022 11:57

No I'm not forgetting the expiration date at all.

[lights out] 21/11/2022 11:55

You forgetting there's an expiration date.

[freedom97] 21/11/2022 11:48

It is very clear to me that a large number of the shares that have been sold has been by pi's over the past month or so, just read the number of posts above moaning about the warrant holders selling them. They sold in fear that the warrant holders are selling their exercised shares and will push the share price down. But I feel in reality it's those same pi's that have helped pushed the share price down not warrant holders.

I've read many times pi's posting the market knows best. That statement makes me laugh as ALL pi's ARE part of that market and pi's often get it wrong!

You have to remember that the warrant holders only loaned Jubilee money as they believe in the future growth of the company through doing their research on the company. As a reward for loaning Jubilee the money required, Jubilee rewarded them with warrants.

From the many posts above it seems you all think the warrant holders are selling immediately so decided to either reduce your holdings or sell out completely. Do you really think those companies exercising their warrants are going to sell immediately. Think about it as I said above they loaned the money as they believe in the future growth of the company.

They could have exercised their warrants when the share price was over 15p and sold then making a huge profit. So why sell now, surely if they have done their due diligence they would hold onto the shares and sell when they think Jubilee has completed it's expansion and starts buying back shares and paying dividends or when they think the share price has reached a peak way above 20p+. Of course they might sell a percentage of their shares along the way.

Those companies who loan money to companies who urgently need money just to keep the lights on etc., and have large debts are when they will sell immediately the exercised shares as they are high risk companies.


Also, it seems some pi's have a short memory. Leon said clearly in a webinar about a year ago that they have an agreement with their broker that any company wanting to sell a large number of shares would be done buy finding a buyer for those shares.