Member Info for Bluebelly

1st attempt had copper revenue wrong and alignment was worse. Not great on second attempt, but you should be able to decypher it!

BB

Surely 10p can't be that far off with improved metal prices & improved recovery rates, which should improve profits/tonne or oz's

From FY 2024:US$/t

Average unit: Revenue - costs - Earnings-

Copper: 6964 -------4294----2670

Chrome: 96-----------84--------11

PGM's: 1009--------709------300

Earnings for 2026

2.1m tonnes Chrome @ $10/tonne = $21m

6k tonnes Copper @ $2670/tonne=$16m

42koz PGM's @ $300/oz=$12.6m

$49.6m = £37.1m or 1.2pEPS @ PE ratio of 8 gives us 9.6p.

That not even forward looking.

A few ups and downs in the share price, but overall I'd expect to see higher highs and higher lows over the next Financial year.

Maybe even some belief in what the management say. There has definitely been failures along the way and these have been ignored as opposed to openly owned. Maybe now is our time to have a little faith!

BB

Surely 10p can't be that far off with improved metal prices & improved recovery rates, which should improve profits/tonne or oz's

From FY 2024:US$/t

Average unit: Revenue - costs - Earnings-

Copper: 4 294 4294 2670

Chrome: 96 84 11

PGM's: 1009 709 300

Earnings for 2026

2.1m tonnes Chrome @ $10/tonne = $21m

6k tonnes Copper @ $2670/tonne=$16m

42koz PGM's @ $300/oz=$12.6m

$49.6m = £37.1m or 1.2pEPS @ PE ratio of 8 gives us 9.6p.

That not even forward looking.

A few ups and downs in the share price, but overall I'd expect to see higher highs and higher lows over the next Financial year.

Maybe even some belief in what the management say. There has definitely been failures along the way and these have been ignored as opposed to openly owned. Maybe now is our time to have a little faith!

BB

4% OB1 sold for $6m

All the. PGM’s remaining from Chrome production.

Cash inbound approx £13m plus any profits made this year (what P/E ratio do we expect for our industry)

Plenty more to add to the balance sheet that far exceeds the current mcap of £116m.

Disappointing week, but it’s still turned a corner from the lows of 2.7p

BB

Need some buying to mop up these large sellers. Or we may revisit the 3p range. Disappointing, considering we hit 8p last May.

BB

Agree Gotreal.

'Short-termism. The copper content is worth BILLIONS.'

As long as we can recover it at a decent cost!

BB

A couple of good posts. I'd would be happy with either scenario Kalan.

WRT: The Waste Rock Project, first mentioned 18 months ago, seems a bridge too far at present & they've gone very quiet. From APR RNS 'The Company has until mid-May 2025 to elect to acquire the assets and settle the approximately US$11.5 million dollars remaining of the consideration over a period of 12 months. Jubilee has been performing a due diligence on the Project which included sampling campaigns, laboratory test work and pilot scale trials, the results of which will inform the board's decision as to whether to exercise the option to acquire the assets.'

Where are these results and why has the decision been delayed? Mid May has passed

On the other hand we could recieve great news from the 'multi-national metals company' 'gaining a detailed insight into the performance of the material when processed at the partnered company's existing facilities.'

A 'Bird in the Hand' sounds good right now ($50m), but I would be happy to wait another 24m if the Waste Rock Project trial can be proven to work effectively. Risk removed!

BB

Hopefully we will never see the 3p range again!

BB

Maybe they should fit a 2MW back up generator (£500k) with a 500KV UPS system (£0.5 m- £1m) for the critical equipment that risks damage from a power interruption.

Could be money well spent.

BB

From the RNS: 'The finalisation of the trials on the various types of high-grade materials will be completed over the coming two weeks which is critical to the selection of the optimal mix of high-grade copper material.'

The statement 'completed over the coming two weeks' when released on a Wednesday. I would start the count down on the coming Monday and add a couple of days to analyse the results and publish. If they were not released by end of next week then you could be justified in knocking JLP's timelines . Due to last years late announcements of issues, people get nervous when expected news is delayed.

BB

RNS tomorrow?

JLP has never been watertight.

BB

That's a lot of words to say 'You're trading this stock' Couerdelion and you could influence some others to do the same.

I see JLP as undervalued, even at these dizzy heights, so I'll hold, rightly or wrongly.

BB

Thanks Seiz, looking at that 6-8p would be a reasonbles price.

Add in a little forward looking confidence, that 10p target wouldn't be out of the question.

£300m m/cap, could we do £30m profit in the next 12-24months?

Whats the average PE for our industry?

BB

My apologies for previous posts!

BB

As someone stated, it's a BH in SA Thurs or Fri I believe. However, they should have known that when making the statement about releasing the updated Copper forecast

It is unprofessional and they don't appear to learn from past mistakes.

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Over promise under deliver, as Leon always states 'The Jubilee way'.

One day Rodney!!!

BB

From Interim Financial Report RNS-31 Mar 25:

'Copper: Production guidance remains under review until results from the initial operational run following the completed switch over to the high-grade ore at Roan has been confirmed for a sustained minimum period of six weeks. This strategy to migrate to higher grade copper feedstocks at Roan is expected through time to lead to increased copper production following the initial assessment of the optimal processing recipe. Early results are encouraging. Management is looking to ensure that the new production levels are sustainable to provide informed guidance. An update is targeted for release at the end of April 2025.'

Hopefully Monday - Wednesday by that statement.

BB

Hopefully a bit of buying this afternoon. Along with the 5dma crossing the 20dma, before going through the 50dma & 200dma. May be just wishful thinking.

I achieved a 1m share holding yesterday. Had to buy twice as I somehow miscalculated by 900 shares, is that OCD?

GLA

BB

Just under 14 months to go from 2p -20p

3yrs 10 months to go from 20p -3p

Maybe the next 14 months will give us the same surge to a 10 bagger - 30p

BB

The next bit of news will hopefully get us through this resistence level.

BB