Member Info for Bluebelly

Pl & Pd shouldn't worry us. Pd went up $500/oz and we didn't move, so I can't $100 fall being any concern.
Hernic, Platcro and DCM give us a bit of pocket money apparently.

BB

From broker note and mentioned in webcast last year. 'JLP has also been invited into the boardrooms of the major miners to discuss access to the substantial portfolios of mine waste lying at surface. We believe this could be game-changer for Jubilee'.

Part of the reason I don't trade JLP's mini spikes and troughs.
1. I'm not that clever and will get it wrong.
2. Something totally unexpected could come out of the blue and re-rate JLP

JLP's market cap could jump to £120m and people would say we are overpriced, but no more than other shares that appear to be valued on potential only. I've become more patient and less concerned as time goes on. It all appears to me, to be coming together.

BB

https://**************/ShareChat.asp?ShareTicker=JLP&share=Jubilee-Metals
Same but shows trades, possible quicker???

BB

Good move I of thought, idg69.
I would have bought my top up by now, but my bonus is not due for two days. So I hope it stays around here. Last 200k for me and I won't be buying anymore. How long I hold is another matter. 600k shares are shorter term, as I was never expecting to hold over 1m.
I believe we are buying the bottom of the next supercycle for Pl & Pd (JLP). We have also branched out into other metals, our asset value is now quite substantial and that is giving Tjate £nil value.

BB

A positive article.

BB

TbTT
I believe the SP will drop back to the Issue price of 2.25p and then imrprove over the rest of the year. To what level, no one knows. I'm with Kalan & expecting around 9p and I don't think that has changed, even though we have increased our shares in issue by 30+% We have a better understanding of the way ahead wrt Kabwe. Platcro is slightly behind the curve, but the rest of the projects should be showing a decent profit as a group & when adding in Platcro & Kabwe, 9p would value us around £160m market cap.

BB

I guess the pilot plant has made JLP revise the recovery tonnages. May be those figures could be improved as more is learnt as they progress. Or they are under promising. Losing 2/3's of the Zinc is excessive though & a 1/4 of the Vanadium. Lead is about the same. It will still be big numbers coming in on the balance sheet though, as long as the prices remain high.

BB

The Jam tomorrow is the dividend of 5% when we are 20p/sh. I can live with that. A lot happier today. Yesterday's RNS left us I the dark 're Kabwe. This is massive news and there may be hiccups along the way.

BB

dkok
We will have 1.855b shares in issue.

BB

Big dilution, but the uncertainty is now removed. And for the dilution we have another asset that will pay for itself many times over. I will be buying at month end if price remains here.

Annual bonus time - double your money - I said that to myself last year!!!

BB

This time last year.
He has been professional when discussing the Kabwe incident. However, I believe he has not forgotten this poor show by BMR's BOD. They need cash to keep their salaries going. They get this cash from selling JLP shares. LC is not willing to assist or extend the length of time that they can keep doing this. If BMR are out, then LC is free to put the icing on the cake when we get an update with the next quarterly report.

AIMHO

BB

Is that BMR out.
Release the good news!!

BB

There will be an RNS in the next 12 trading days. That could be 71 days from the January update.
Our longest break was 6 Aug 18 - 17 Oct 18 - 72 days. So that record will remain.
Just a useless piece of info whilst nothing is happening here.

BB

Jubilee acquires major chrome operation currently processing 75 000 tonnes per month for a consideration of £8.6 million
From LC "I am particularly pleased that this acquisition has been enabled by our current cash and project finance, with minimal dilution to our shareholders."

One day it will show positively on our balance sheet, as our market cap has not reflected this through the SP.

Too many missed targets in previous years. Hopefully that is all behind us. LC is hopefully promising less and doing more, as opposed to CB's history

I remember CB's interview, stating DCM will be a cash cow and the start to becoming a Mid tier company, about 3 to 4 years ago. It's been a long slow road and our mcap is about the same!!!

BB

5/11/18
The current Q4 is yet another exciting period for Jubilee with the expected commissioning of the state of the art Dilokong Fine Chrome project as well as the PlatCro PGM project.

I look forward to providing further updates to our shareholders on these exciting projects as well as the progress made at our Kabwe project. "

BB

And what is the price your broker will fill that order?

TIA

BB

I'm guessing April is out the window now!

BB

65m shares at 3.5p.
BMR off loading around 2p-2.5p - Giving about £1.5m

Kabwe is potentially a £billion asset.

You can see why BMR holders are upset, but JLP are not the bad guys (LC).
CB???

BB

It's about £0.5m in the scheme of things, nothing to worry about. I would like JLP to buy them back at this level.
'The mother of all placing', a bit OTT.

BB

Hi 34DS.
Where do you get all your info from?
Great stuff.

Regards

BB