Jubilee Metals Share Price (JLP)

Charttopper,

Firstly, there are many reasons for the drop and SLP being up TODAY. Such as:

We don't have production figures yet for the 2nd half of the year, which was disrupted with Inyoni's expansion and re-purposing. They haven't had that issue aside from trying to intergrate their fine chrome project, which will either work or it won't.

They have dropped from a high of 143p a share to 84.5p (a 40.9% drop) and now climbing slowly and up 99p a share (a 30.77% drop from recent highs). We went from 21.95p to 13.66p a share (a 37.77% drop) and now in a range between 16.25p - 15p and at 15.3p a share (a 30.3% drop from recent highs). So in reality the shares are pretty close in terms of the current loss percentage from recent highs.

We also don't know how the copper is going from Roan, so yes they are differences between the 2 companies but in terms of where they are, both companies are actually pretty close.

The only time it matters is when you sell, if you are trading, the share price matters, if you are an investor and happy with your holding, it doesn't matter. if you are an investor who wants more shares, you want it as low as possible.

All that matters at the end of the day is which one of those three you are. I think I can guess though.

that trade was mine and it was a buy, not a sell!

Just listened to an interview with Goldman sacs Head of Commodities, he says they are advising all clients to move into commodities and in particular Copper. He had a nice phrase " Copper is the New Oil"

PGM’s flying, copper flying, Jlp Down.
Lack of news or macro factors!
Slp seems to be doing well

Palladium up over 7% as I type, platinum over 3% up. The basket is starting to look very juicy again. https://tradingeconomics.com/commodities Just need some up to date figures in the next few days to update the dollar count. Monthly earnings will be sky rocketing.