Jubilee Metals Share Discussion Threads

[adejuk] 10/4/2024 09:57

L2 anyone?

[pshevlin] 10/4/2024 09:35

Sylvania still doing better. Crazy.

[chozza] 10/4/2024 09:13

SB,
You may be right but not my understanding. I would have thought contracts signed would warrant an RNS. From most recent RNS only stated that IRH had exercised a right to proceed to a JV, not a JV had been contractually agreed.
I can't imagine a scenario where Leon would not be in our faces waving a piece of paper saying the JV deal was done, if it was done.

No sign yet.

GLA

[the bull] 10/4/2024 09:07

8p by close this Friday is my prediction

[stockhunters] 10/4/2024 08:43

copper near recent highs again

[frogkid] 10/4/2024 08:23

Confirmation of IRH and Roan upgrade will ignite this IMO.

[frogkid] 10/4/2024 08:22

I just think that traders will see mid 7s as the end of this little run until we get Roan news end of April.

[sb] 10/4/2024 08:21

It is....

@Chozza, as the JV has been announced I would take that as passing through a contractual gate as the due diligence has been completed; they are now committed.

[wet your knot] 10/4/2024 07:30

"But when the Roan news drops, assuming positive, then we could double our money in a week" - the apparent ongoing increase in metals prices will help. Copper showing as $4.31/lb now on Trading Economics website, not sure if that site is bang up to date or not?

[frogkid] 09/4/2024 18:40

I concur Chozza

[chozza] 09/4/2024 17:35

Would still like to see the JLP IRH deal close rather than just an announcement that IRH has exercised a right to proceed to form a joint venture. It may exercise a right not to proceed. Lets see definitive contracts signed and deal closed as LC said it would be by end Feb and again by mid Mar.
Time for a steady stream of RNSs rather than hopes and dreams.
GLA

[frogkid] 09/4/2024 17:14

I'm fairly sure we will pull back to low 7s or even high 6s before this current excitement wanes. But when the Roan news drops, assuming positive, then we could double our money in a week. !

[21ant] 09/4/2024 16:39

Damn! not quite, but the UT trade in auction showed over 1.3M at 7.4 so it's definitely cleared. Bodes well for the morning barring anything we don't know about.

[21ant] 09/4/2024 16:25

Lvl 2 1 vs 1 now. One more decent trade.....

[21ant] 09/4/2024 15:40

OK, I calculate they must be nearly clear now. Maybe a flurry to finish???

[frogkid] 09/4/2024 14:29

That's correct , couldn't see them on the other channel. It's a bit different these daysYes, they have to make the sell then the buy which takes a minute or two.

[freedom97] 09/4/2024 14:25

frog, I thought trade #31 @09:33:05 and trade #34 @09:35:36 were your B&I but strange 2:31 difference between the trades normally within 30 secs.

[21ant] 09/4/2024 13:55

Well it's in auction now and there's about 1.4million shares overhang at 7.4 to clear before this will move. That explains it

[frogkid] 09/4/2024 13:43

I'd like to know why my bed and ISA hasn't shown up

[21ant] 09/4/2024 13:38

Thanks the_isolator - too much time on my hands :-)
I do own some other shares but trade them rather than this one which is a big investment. The more you watch the screens the more you see what's going on. My eyes aren't thanking me for it though...

[the_isolator] 09/4/2024 12:44

Always good listening to your thoughts and comments ant

[21ant] 09/4/2024 12:43

100% correct TB

[the bull] 09/4/2024 12:41

pshevlin - totally agree on the chicken feed rise. The thing is, there has been a change of momentum and we cannot be ignored for too much longer. We hit 13K tonnes, then 25k tonnes and then who knows. That Phil fella from Roast suggested 100K tonnes next year, no chance of that I say but 40-50K tonnes could perhaps be realistic?

I am convinced I hold one of the best stocks on the market and will easily see previous market highs and beyond. I hope everyone has got their mojo back and don't think in terms of 15p again for an acceptable bid. I'm a 50p+ kinda guy

[21ant] 09/4/2024 12:29

I think we'll keep hitting these little overhangs in the near term as people have been able to buy in qty at low prices and are cashing out at their 10, 20, 30% targets etc. Even though recent volume has been much better, it's peanuts in the grand scheme of things so it takes a bit of time to work through.
Currently there's a steady flurry of trades near the full ask but no movement, then a trade comes in near the bid to pretty much offset the other. Just happened with that 500k at 10.54.
Won't last long and if news hits it will absorb anyone wanting to sell as it charges north