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From a TA perspective, JLP has not only broken out of the top of the downward channel of the last 3 years, which is enormously positive, but as long as the current trend maintains we shortly will see a golden cross of the 50 day moving average price up through the 200 day moving average, another incredibly positive event, technically. When these things are picked up, as they will be by trading programs, we can expect to see some fireworks..... https://twitter.com/DilBradly/status/1788304657619562745
Chart here: https://www.dropbox.com/scl/fi/e17kel4m6ogxxx54whk5u/Golden-cross-and-breakout.png?rlkey=gpg07rohuxp23bpbz2v2uz65q&dl=0
Interesting that none of the usual doubters has taken issue with the logic that if it takes £3.5 billion and 10+ years to build a mine that produces 100kt of copper/an then why wouldn't an investor looking to get a slice of the copper pie be prepared to pay at least that for a company that will shortly be producing that amount of copper plus 2 million tonnes of Chrome and PGMs ..... and can carry on growing, unlike the mine... and start to pay back immediately, also unlike the mine.... As they say up north... "Think on't ... "
Gotreal
While I believe Leon can be trusted to eventually produce Chrome & Copper as promised speaking to some friends in the mining industry platinum could still be a winner . I note it was nearly back to $1000..
Just another plus that Jubilee will turn out a good investment
You make a good point about Platinum. This is from an SLP bb:
“ ''..Platinum prices traded around $980 per troy ounce, rebounding from $900 a week earlier as a series of job cuts and expected mine closures for South Africa top producer is leading to a supply deficit. Analysts expects that the declining platinum output will support its price in the future where according to The World Platinum Investment Council, it is expected that platinum will be in an average annual deficit of 500,000 ounces until 2028.''
hxxps://tradingeconomics.com/commodity/platinum”
It is also useful to note that SLP is Up 29% in the last 3 months and pays a significant dividend.
It looks as if JLP will soon be firing on all cylinders Chrome, Platinum and Copper and producing a very impressive amount of cash from its profits.
Https://theoakbloke.substack.com/p/copper?utm_source=profile&utm_medium=reader2
Very positive on JLP.
Nice comparison, although maybe a bit strong on copper revenues, there doesn’t seem to be any account of the sulphide concentrate to cathode split. Then again costs might be considered conservative. Anyway, one step at a time, let’s see Roan in production first!
Who cares about little delays here and there. Even Elon is lying all the time. You have to focus on the growth story and vast opportunities presented in Zambia. It is time to buy, not to sell. Even without Roan "upgrade" we are doing fine.
For once butterballs is right, we are doing fine with all that fine chrome 😂 Platinum back at US$1000 / oz makes a nice difference to the PGM basket too. Yes a few delays in Zambia are meaningless when you look at the bigger picture, against a backdrop of falling supply and increasing demand we are all set to follow the same trajectory as we've seen in South Africa over the next couple of years.
"From a TA perspective, JLP has not only broken out of the top of the downward channel of the last 3 years, which is enormously positive, but as long as the current trend maintains we shortly will see a golden cross of the 50 day moving average price up through the 200 day moving average, another incredibly positive event, technically. When these things are picked up, as they will be by trading programs, we can expect to see some fireworks....."
Funny - I've been reporting on all this for weeks and not a positive comment ? p.s. the graph doesn't show the golden cross - but it is certain to happen, mathematically.
Nice to see that Buttermilk is getting a warm welcome now he only posts positives. It's really lovely isn't it. Meanwhile sp drifting down as predicted early last week, look out for 3.35p to 3.4p top up's if you can get them. GLA.
Sorry 7.35p to 7.4p - sorry for any heart attacks. lol.
Https://x.com/jubilee_metals/status/1790014472288931869?s=46&t=mVgZpn0KGRUg-RQaOGChhg
Impressive bit of kit!
Good to see them starting to step up the game a bit in showcasing the business, hopefully there's one to come on Roan before too long.
Did I hear.....CMON ROAN?!!!
"Nice to see that Buttermilk is getting a warm welcome now he only posts positives. ..." As opposed to boiler-room rubbish you mean? Rather, the boiler-room short is closed and the new game is long ... And one comment from Seis is all.... hardly a fanfare ...
"p.s. the graph doesn't show the golden cross - but it is certain to happen, mathematically." No, that's why I wrote "we SHORTLY will see a golden cross ..."
"Funny - I've been reporting on all this for weeks and not a positive comment" ... Maybe because you obfuscated looking for a supposed cheap buy in price instead of being positive and clear about what the chart purports to show, like me? And by the way, the phrase "golden cross" has not come from your keyboard anytime since the end of February..... 😁
"Meanwhile sp drifting down as predicted early last week, look out for 3.35p to 3.4p top up's if you can get them. GLA." We finished at 7.6p .... as you didn't predict ..... A RISE.... As for the "mistyped" top up prices of 3p .... Oh, the irony of GLA.... You do ask for it.
Thanks Mikie
Who can resist a snippet of plant p o r n!
Very simple, but in a nutshell tells you of the technical skill of JLP to design this, the potential and the sheer scale at which these guys are capable of transacting - love it.
Cmon Roan!
With Copper so hot let’s have that “Roan’s up and running” RNS! We can then follow suit!
Yep very impressive NTD. C’mon Roan and c’mon challenge 50!
Based on the charts, as usual. Backed up by copper surge, added another 100,000 today. Around 7.5p.
Still concerned about delivery in regards to Roan, but chrome price holding up., platinum up as well and whatever we're producing in regards to copper is at least getting sold for more, so the delay is important but they shouldn't run out of cash.
Just over 2 weeks to the promissed land we hope.
Kalan, still peddling the narrative about running out of cash I see!
Gotreal, re your comment on TA.
According to my chart the golden cross for 50 and 200 SMAs happened a few days ago and for SMAs is happening now.
'bout time someone lit the blue touchpaper.
SS ... yes the SMA, according To TradingView dialy chart, today, so yesterday's close, showed the 200 day MA at 6.66p and the 50 day at 6.65p ...so the cross will be today. I assume you meant the EMA in your first comment....
GR yes, thanks for the correction. Old age you know.(or maybe you don't yet)