Member Info for Bluebelly

It was:

'RBC cuts Jubilee Metals price target to 750 (770) pence - outperform'

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Noelypoley & Couerdelion: FYI

'A crusher is a machine that breaks down materials, while a scalper is a machine that separates materials into different grades. Crushers are used in quarrying and construction, while scalpers are used in construction and quarrying to prepare materials for specific applications'.

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So 24kt/yr gives a SP of 14p as PGM's & chrome revenue just covers our opex & admin costs?

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When comparing JLP with the Copper prices or the Platinum price when at at the same prices as today on Yahoo Finance charts. JLP are down 40% ish.

I thought we closely followed the PGM price.

For either commodity we need a 66% rise to be valued where we were back in Jan / April 24 - 6.5p fair value??

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Shuvlin, I think we are singing from the same hymm sheet!

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Summit: Check the Income statement. It's not as good as we might have expected, but we have been in profit for the last few years and the asset value is nowover £250m. We live in hope that the dilution will have been worth it, rather than sticking with just chrome/pgms i SA and just doing share buy backs with any profit. It may have given us some short term gain.

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We are all awaiting news. We seem to be in a holding pattern!

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That $200 would give us $7m profit. Let’s hope it stays at the top end.

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They have to tell us in the Interims and annual report , which was late Feb & Oct last year, so not long to wait for the $/£'s along with an update on progress post that reporting period.

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Lloyds mcap increased by over a £bn today on no news(3.55%)

JLP up less on good news.

We were at 5.7p when last informed of a Power Deal that would sort out Roan & Sable, back in Aug 24.

Maybe the market needs to see proof before adding the 20% we are due. Or an increase to the Cu forecast.

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6p is the next target as Marine Clark stated!

https://x.com/Uptonio/status/1879859348324896952?t=LnCh2XlrTCTkHLOq37XyvQ&s=19

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Thanks for the reply Seis.

One other plus for us, is the $/£ currently @1.22

More £'s for our revenue in $'s.

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Great read, thanks 4everlong.

Seis: Any thoughts on the figures in that post, on the 'Preffered Scenario section?

https://seekingalpha.com/article/4641188-jubilee-metals-group-plc-exceptional-early-bird-opportunity

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Exactly, Leon will be very much in profit when he cashes out, at a time of his choosing! The rest of us will do ok, if we buy the dips, but where is the bottom of this dip?

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Thanks Seiz. That PGM stockpile must be worth a bit now.

You wouldn’t know it from the SP though.

Happy new year, all.

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Frog: We're all left guessing. I have no idea how Jubilee is percieved by the institutions. There is definitely risk here as we've seen recently, but that's why we remain and I have bought more due to the drop.

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Unless they have wind of a placement & are partaking?

Let's hope they are just adjusting their portfolio.

Why would they even need a placement, unless they go it alone on the Waste Rock Project.

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Probably a good move on the gold side.

Looking at the gold v Platinum ratio.

https://www.bullionbypost.co.uk/price-ratio/gold/platinum/10year/

A bird in the hand!

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Have they hedged it at a fixed price?

Could work out well unless PGM basket price rises.

Platinum @ $900 is pretty much at the bottom of the trend over the last 10 years, except for the odd excursion below that!

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And when you consider the $ is @ 1.25/£. It was previously in the 1.30’s.

Our products are giving us more £’s in profit.

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