The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
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No mention of Roan or even a explanation as to why it wasn't mentioned. Quite bizarre since all they been talking is Roan in there past Sunday Roasts.
Could it be classified now as we get closer to commissioning.?
Hi Guys
For what it's worth I have skimmed through the Sunday Roast Podcast and nothing is mentioned on JLP
So I can only presume that there will be another Zambian special on Sunday unless I;m incorrect which is a major
possibility
LOL, well I bought a few more yesterday almost immediately before it pulled back (which is about typical), so sorry for that!
Kalan, you sold again?
Drifting a little whilst we wait for Roan. Good support at 7.25p. Anyone looking for a top up or getting in for first time, 7.35 or 7.4p could be a good point to do that. (Just my take).
There have been rumours circulating about NASDAQ making a bid for AIM:
https://www.thisismoney.co.uk/money/comment/article-13341575/Dont-let-Nasdaq-aim-AIM-market-says-MAGGIE-PAGANO.html
If that happens we might not need to go anywhere!
That also means that by next year, if we chose to do so, we would be up in the FTSE 250 and have lots more funds who would invest.
Hello frogkid
Company that was 250th on my list (which is a few months older than yours) is 248th on your list now:)
On your list we are about 475th:)
Smallest market cap on the 250 is £291m. Nit much to head for!
No idea Mikie but 250th on 1st of Jan 2024 was $1.4 billion:)
Hopefully the market cap will be big enough soon to apply for the 250. Does anyone know the cap of company in the 350th position?
Good morning all,
Hi Edzi,
I believe you were making the same points yesterday just misquoted it as Bereberg when you meant RBC capital.
Hi All
Gotreal, we finally agree on something, I have said on numerous occasions that they should consider a full listing in the near future. Although small they are in such a niche area that it may be of interest to other fund managers that can't or won't invest in AIM which so the press say is on it's knees. It obviously would cost a lot more and there would be much stricter rules but it would be worth it now that IRH are on board which gives it a bit of clout
Heroric, funding comes in many ways and i believe future funding will be predominately bond based. In 12 months Jubilee will probably be the biggest chrome producer on the planet and making substantial profit here. PGM’s will have the potential to significantly upscale. Copper earnings will probably outweigh the chrome earnings going forward at that point. Jubilee will then be fishing in different lakes, not the WHI pond! With a proven track record and the ability to easily scale one of the hottest and most discussed metals, Jubilee will be in a very envious position. Good ESG, Jubilee will be sought after for bond finance. Funds are going to have to rate their own ESG position soon and companies like Jubilee will be an easy bond opportunity by then.
Mikie, more funding puts me off the share completely. Year after year jlp have watered down investors whom as a result have lost money or seen little return. I expect as a shareholder some reward else what's the point. I really do hope to see a period of consolidation and share holder reward first.
Hello Jack, trust you are well? To me it is preparation for a step up in corporate activity and to put JLP in front of a new audience of investors. AIM has suited the company with its flexibility over the years but with IRH underpinning its finances and agreeing a long-term strategic partnership, it signals a new phase and the company needs to get away from the wild west nature of AIM and look to a main market listing at some point. Having a heavyweight like RBC onboard gives it credibility and access to global sources of funding, influence and opportunity. It can only be viewed as good news.
Can we assume the Electrical Components have landed in Zambia?
Was an expecting an update especially that the share price now has momentum.. pitty.
Thanks Mickie
Your input is valued. It is something I had not thought of and it is a distinct possibility
Dorf, RBC are strong all over the world, could be anywhere, but that is a very interesting thought and hadnt even crossed my mind. However, i feel there are two main reasons. Firstly Jubilee is on the verge of huge growth and RBC is now a better fit for their potential. But mainly, i feel there will be a big funding need, within 12 months. The growth we are all getting excited about now and is not to be under estimated, i feel will fall into insignificance compared to the potential. The only way the potential can be harnessed quickly is via funding. Once there is a strong blue print in place, the potential to scale will be in sight. RBC have the potential to facilitate this and will have connections to make this possible. The IRH deal is fabulous for starters, but why settle for 42% when you can have 100%! Especially when proven on commercial scale.
Hi All
I wonder why no poster has written about the new joint brokers. IMO it points to expansion out of Africa and into Canada.
Seisnav Mickie Gotreal - Can their be another reason for the appointment in your opinions ?
In the Sunday Roast interview Gray1, Leon was at pains to point out that modular means they are copies of each other and stand alone, but it doesn't mean they are small. Procurement should, hopefully, improve on the Roan experience. The money for advanced ordering was in the last rns wasn't it. They are aware of where the hold ups are likely to be and should be across the problems by now (assuming they haven't spent the entire placing on Roan and Sable - of course they haven't, just joking🫣).
Don't think finance will be an issue Mikie more production capacity and reliability of the modules, replacing parts etc. and what they can secure.
I don't know that side of the business so there maybe more options available to JLP to speed it up. I'm sure there will be someone on here who knows more. It's all exciting stuff though to see what they can actually do and how quickly they can scale it up.