Jubilee Metals Share Discussion Threads

[baldrick1] 28/6/2023 15:40

Friday news will trigger forced closures of shorts

[bullster] 28/6/2023 15:36

Lights Out,

Look in the last 6 monthly figures to 31/12/22

Net earnings per PGM ounce was $845, basket price was $2,413.

Todays basket price is $1,293.

Thats $1,120 lower than $2,413, wiping out the $845 earnings previously declared.

And you lot wonder why the share price has dropped , ha!.

[pshevlin] 28/6/2023 15:35

Ask Coinbase.

[mhard1000] 28/6/2023 15:30

Where is it mentioned about Glencore?

[baldrick1] 28/6/2023 15:18

Already, the co is now focused on more profitable assets like copper and chrome products

[lights out] 28/6/2023 15:17

Explain Bull????????, last time I looked costs are less than $900 an ounce. Still a very healthy profit margin!!

[baldrick1] 28/6/2023 15:12

Desperate shorts

[bullster] 28/6/2023 15:09

PLATINUM
49%
@
$907.00
$444.43


PALLADIUM
40%
@
$1,194.00
$477.60


RHODIUM
9%
@
$3,700.00
$333.00


GOLD
2%
@
$1,908.80
$38.18





B.B.I. =
$1,293



Inyoni is profitless at this level.

[pshevlin] 28/6/2023 14:27

So it's Glencore who are the new offtake partner Coinbase. I hadn't seen that. Encouraging!

[sb] 28/6/2023 13:21

Fair enough ...

[pshevlin] 28/6/2023 12:13

Thanks a lot for that Coinbase. Lets hope your predictions are correct.

[sb] 28/6/2023 11:54

That's quite a claim, coinbase ... So are you simply a HNW or represent an II?

[coinbase] 28/6/2023 11:48

Pshevlin, it wasn’t for any one individual or Institution. Mark wasn’t on the call but he would’ve definitely spoken to him. Leon often does the rounds after an RNS, it’s nothing to get your knickers in a twist about. So few mug punters, as I like to call them, do any research these days. They act like lemmings, controlling the price on low volume, and dominating the bulletin boards. If Jubilee are able to exceed copper guidance, or even get close, the company’s intrinsic value would go through the roof. I can see bids of over a pound coming from the likes of Glencore (our new chrome offtake partner) or Sibanye-Stillwater before the end of the year.

[baldrick1] 28/6/2023 11:32

If jlp is producing and selling ten folds in the current market, it will be more than enough to offset lower pgm prices with 10 times smaller profit margins ..do the Chinese way..it always works.

[21ant] 28/6/2023 10:58

All jubilee can do is keep producing all the metals and keep growing. Can’t afford mistakes in these market conditions. Pgms dropping again today which just isn’t helping at the moment.
One bit of good news can reverse this trend very quickly

[baldrick1] 28/6/2023 10:52

Friday will be interesting day for JLP

[baldrick1] 28/6/2023 10:26

Mostly bigger buys today, but the algos are playing a short mode..cr..ks

[kennyp52] 28/6/2023 09:40

sb .. totally agree .. it’s like the betting and bingo companies with their gambling awareness campaigns .. they are not bothered if someone becomes addicted .. they just want volume of transactions and it’s exactly the same for the stock market and brokers. It seems to me dividend paying companies are the only real shares funds will heavily hold and the rest are just play things.

[sb] 28/6/2023 09:11

Its extraordinary that after everything that Leon and the talented team of engineers and project managers at JLP have achieved, in an incredibly short time, that people are STILL doubting the company's ability deliver. How much evidence of achievment do they need? How short sighted are these little punters with a few thousand shares that are selling up now? How much research do they do to understand what a company does? JLP owns tens of billions ($10,000,000,000s) of dollars of metals that all agree are crucial to the future of the planet and all we need is time to process them, which we have PROVED we can do.

As it has been made easier and easier to buy stock and the concept of "investing" has been gamified to make it "fun" for the game playing millennials, investing has veered much more toward gambling. You have to question if they should be buying shares. This and the introduction of algo trading has made the investing landscape a much more volatile and irrational place to put your money and threfore even less suited to the uninitiated small punter. I am surprised that in the current atmosphere where so many seek victimhood as their salvation there isn't more focus on protecting the naive from themselves.

[pshevlin] 28/6/2023 09:00

Coinbase, when you were saying you spoke with Leon last week by way of a meeting through WHI, who was the meeting actually arranged for? Did it include Mark Slater for instance? We mushrooms get virtually nothing.Cheers.

[goingforarun] 28/6/2023 07:50

Until proof is provided that targets are being met or exceeded and that future guidance can be relied on weakness in the share price is the only thing guaranteed! It’s irrelevant what price Slater bought in at, although his fund must be sitting on large losses?

[the bull] 28/6/2023 01:04

This is a crazy price. Slaters bought in at various levels I guess but definately 16p. We have failed to meet some targets as is well reported on. As soon as we do meet some copper targets = BOOM BOOM

The market is pricing us as PRE Slaters = Bonkers

Out of cash as fully loaded here and elsewhere. If I was a single man, i would sell the house, live in a van and put the house proceeds on this. mmmm, saying that, ukraine war and world debt lay heavy

[pshevlin] 27/6/2023 19:35

I don't quite know why anyone is cutting and running at these prices. I know most people don't think logically which is why it's possible to make lots of cash out of them but I can only assume that the ones leaving the ship are either uninformed or primarily focussed on saving capital. We have to see where the buying will kick in, hopefully not as low as last time.

[kennyp52] 27/6/2023 19:17

Not at the year low .. it’s that bad !?! Having said that I only have 1 further comment..

FFS !