The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
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And this doesn't even factor in the Northern Strategy... when that kicks off the sky's the limit.
Seis, that is crazy good. Explains so much and the value about to come through is insane. You look at the current share price and wonder what is going on. The quality of the development within Jubilee is massive and the info to market is improving dramatically which has to mean a fast rise in the share price. The progress and path being taken is becoming more understandable, almost by the day at the moment. Way too much info for just one listen, but one line stands out- " the group revenue is about to increase by multiples, not just a percentage". Staggering growth on the horizon, just what we have been waiting for.
Yes Seis, 9000 to 10 000 tons of copper coming from Sable after the upgrade!!! This is incredible news!! This means the 6000 target will be easily met and then some!!
Then you have Chrome ... my goodness what's not to like??
They are clearly making a lot of ££ and reinvesting this into Zambia and new chrome projects. Value will out in the end.
Https://audioboom.com/posts/8354985-midweek-takeaway-with-leon-coetzer-ceo-of-jubilee-metals-aim-jlp-jlp
I wish Leon would put more of this detail into the RNS’s. I recommend shareholders listen to this very carefully and more than once!
Nice 40 min interview with Leon giving alot more details than the RNS recently released.
No doubt this is a 20p company. Possibly 40p next year.
And low cash balances
Net earnings for the year will be circa 11.5m... A multiple of 15 and heavy capex requirements.
It's not that JLP is unprofitable, it's that they have a weak balance sheet and are cash flow negative and some here believe that It should be worth 4 billion.
Easiest shorts in the world... Companies that have huge overhangs from warrants and CLN's against record valuation multiples compared to the rest of the market.
Cash was was 11.5 at the end of December, down 5 million from June with another 6.5 allocated to capex.
5 million cash burn a month plus 6.5m....Subtract that from 11.5m how much do you have left. And now they want to build an additional 600k expansion for chrome.. I'm telling you now that's going to cost north of 80 million
So this new account is clearly on of the resident clowns with a second Tesco mobile device then. Please please learn to read and count.
Nice 40 min interview with Leon giving alot more details than the RNS recently released.
No doubt this is a 20p company. Possibly 40p next year.
Omniscience must be such a burden for some people
HTTps://twitter.com/Jubilee_Metals/status/1694239282280481046
CEO, Leon Coetzer, talks to Phil Carroll and Kevin Hornsby regarding the Company's recent news and its South African and Zambian progress.
The simple truth is, that I have more money in the bank than JLP and that isn't a boast.
^^
Ah can't help myself, sometimes it's too easy. I'll play.
Cash balance end of year on 30th June was 16 million Bushy....please post your bank balance showing more than 16 million in it or stfu.
RIDICULOUS!! Hahahahaha... :)
The simple truth is, that I have more money in the bank than JLP and that isn't a boast.
It's a sad indictment of the reality here.
This is very interesting Gotreal. The latest copper consumtion data in China, shows that demand held up surprisingly well.
https://www.nasdaq.com/articles/metals-copper-extends-gains-on-firmer-chinese-demand-weak-dollar
METALS – Base metals gain on China's efforts to stabilise yuan
03:44
BEIJING, Aug 23 (Reuters) – Most base metals gained on Wednesday on China's efforts to slow a slide in the yuan and ahead of a seasonal demand pickup. Three-month copper on the London Metal Exchange was up 0.2% at $8,378 per metric ton, as of 0200 GMT. On the Shanghai Futures Exchange, the most-traded September copper contract was up 0.8% at 69,100 yuan ($9,481.08) per metric ton.
Market sentiment was helped by a rebound in Chinese stocks due to cheap valuation and Beijing's measures to stabilise the yuan after an about 5% fall against the dollar this year. Spot markets in China saw more copper buying after prices fell for three consecutive weeks. Expectation of better demand from September onwards, a traditionally good demand season, also lifted buying.
Gains in metal prices were however limited by a firm dollar. A stronger dollar makes it more expensive to buy the greenback-priced metals. The dollar retreated slightly on Wednesday but stayed close to a two-month high.
Judging by their posts yesterday wonder what misinformation the three …. will post today.?
Combination of false production claims,the company has multiple CFOs and of course the classic one some time ago that the company was going to cease all operations in Zambia -yes we had that one from Buttermilk a few weeks back no doubt
No doubt the company has been taken over by aliens ,…. will predict a shareprice of a 1p ,PGM production was 4000 ox last year (apparently “the last figure I read)and Bushy has purchased a Sunseeker super yacht on the back of his everlasting short.
Or I forgot the massive placing which Bushy will not back up by producing anticipated operating profit calculations for the year ending 30/06/2024 which I have challenged him to produce on several occasions -
Hi Seis,
Thank you for posting those comparison graphs of JLP/SLP. They are very illuminating.
I sold my SLP holdings a month or so ago at a substantial lost as they are a pure PGM play (although they have since RNSed action taken to diversify somewhat).
Still in both JLP and THS.
Best wishes,
Prof
Seisnav
yeah,i think ths as the same trend...pgm's
Wow not desperate at all much.
Hope you stay around long enough for the massive placing
I’ve put them all in the sin bin again, I’ll just let them out to report their posts, just because I know it irritates them when their rubbish gets deleted.
As I said, the share price has followed the PGM basket, thats the reason I compared with SLP who are a pure PGM play. The fact that we are tracking pretty near the same trend tells me that little or no account has been taken of chrome (SLP don’t produce any) or copper. I’m just waiting for more cash to be transferred to my ISA and I’ll be buying another decent chunk, just wish Leon could have waited another day or two before the RNS!
Nonono you won't pull that nonsense with me sunshine, you said they had produced 1100 tonnes of copper 'last time you looked' and the actual production was almost 3x that in the RNS from July 20th. So....either you don't actually follow the company and have no idea about the numbers and haven't looked at anything in a couple of months yet continue to post daily about it.... or you deliberately misstated the situation on a public board with intent to mislead people who won't bother to check against actuals. Pretty sure it's the latter as when something doesn't go to plan you are all over the actuals and posting 10 times a day about it.
I bothered to register because that record needed to be set straight, which I've done, and btw it takes me about 2 mins to write 'an essay' as I'm not a moron. Don't bother to reply to me again as I won't reply, I have better things to do with my 2 mins....like your Mum.
Caml
similar 12 month trend to here
https://www.lse.co.uk/ShareChart.html?sharechart=CAML&share=Central-Asia-Metals
they make a wad of cash aswell,like here
dunno when,but at some point,the mining sectors downtrend,should end
china's slowdown,of late ,isnt helping
Your on a 12 month low,like many small/medium cap miners.
must be very near to the bottom.
could do with some high vols,to make confidence,a bit clearer.
the bashers below,which ive seen,doing the same on others boards,with other ID;s
just want you to sell,theyre traders,all they want,is a lower entry price
gla
he was calling me scum,last year.lol.