Member Info for dorfan01

The operational update delays copper production by 1 month.One would think reading the board that the company has gone into liquidation. I MONTH ! Are all investors crazy.Nothing else has changed .I have to believe Jubilee will grow into a massive company (1 Month later) All it is another chance to BUY not SELL

Ardbeggar

Known as greatest investor of all time Warren Buffet invested in 3 shares and like me he called diversification a cop out as you are hedging your bet in case a share (or a number of shares )don't perform.

I do my homework talk to the CEO and make a decision.With Jubilee their was not a lot to dislike. I liked the start up industry they were in,(I was always bullish on metals) I trusted Leon, and decided to invest for the future.My greatest hope is that the investment will help my children and grand children and make their life a little bit easier than mine.

Jubilee was an initial disappointment but the latest moves made by Leon have in my opinion been great.

I have chosen to swim against the tide of diversification although after the initial shock I do believe there is place for diversification and I intend to diversify into a few more shares when the time is right.

Hi Gotreal

I see the platinum price is moving up nicely maybe due to the article you posted. Everything is looking so good but I just hope we will get a better South African government as they have been the main cause of a BAD JSE.

Almost all shares on the JSE are at all time lows.In fact of all the shares on my watch list ONLY Jubilee has gone up.

In the last 2 weeks they have risen 50%. I suppose I am lucky as the JBL make up 80% of my portfolio.

Prices are really moving up .

Hopefully we will get a pleasant surprise from chrome and PGM's with copper to come

Hi Eddie

$9411 updated by Bloomberg

Bushy & Butter I wonder why?

SEIS

Yes it is all about copper. Leon has done very well by changing old contracts and entering new contracts where chrome is concerned and production has soared. More importantly he has achieved.and can be seen to have achieved wonderful results with chrome, It is about proving that he can do the same with with copper which has to date been a bit of a damp squid .The PROOF is what is needed to make the share fly.That is why it is all about copper.

Mikie

All that must happen now is for copper production to rise every month which I believe it will undoubtedly do, to see the same rise in the share price.Like you I am exceedingly bullish on Jubilee's Zambian operations

So called investors are insane buying bidcoin which generates no income.I tried to calculate the earnings of Jubilee if all Leon's promises on copper materialize but gave up as there were too many 000's. If only half his promises are kept then there are slightly less 000's but Jubilee will still be one the most profitable companies on both stock exchanges. Jubilee is like a coiled spring waiting to be released. Will Jubilee be able to produce the copper promised. Slater thinks so as do the new Arab partners .Why are there so many doubters?

Thanks gotreal it is a great article on Jubilee's progress.I suppose we still need to exercise patience as the market seems not to have got the Jubilee story right. I hope that eventually we will be rewarded

Over 9000$ a ton Platinum also doing well.Perhaps we shall see some sanity in the share price

Sumoskier

You are correct not to expect fireworks until cash in the bank and production figures for both chrome and copper finally dispels the negativity of many investors and some stupid posters on this site.Jubilee is now like a volcano ready to erupt

The South African investors at this stage seem to be a lot more astute than London investors but the company remains undervalued on both the LSE & JSE

Interesting that Leon is not trusted by so many shareholders .I agree with Jonah that if I was in Leon's shoes I would certainly not be making optimistic claims so I now believe he is now telling like it is.

There was much to like about what he said, and I for one believe that it is only a matter of time before Jubilee becomes a billion dollar company. You pay your money and make your choice.I know what I choose !

Exactly eshaiten

A J/V with Jubilee will enhance profits of the IRH.

In my lifetime I have never seen anybody walk away from a deal so beneficial to them.

Doubters are way off the mark

Kalan

I try to see the facts as they are.In my opinion you have made a few good points but I must question why you are ignoring the proven production of chrome and PGM 'S .Jubilee is or should not be cash flow negative as you stated in your last post and I for one is disappointed that you have overlooked proven chrome and PGM production where they are now making a lot more from chrome and are one of the few PGM producers that are still making a profit .You are not wrong that Jubilee must still show decent profits on copper but dead wrong on chrome and PGM'S

Thanks Kalan

I agree that the faster we get some copper news the better.Unfortunately with the bad history of communications by the company no news now equates to bad news but I am puzzled that there were 3 large deals after 16.35.17 and the LSE does not acknowledge the sales How can the range be 5.6-5.7 with deals being done at 5.8 &5.81 after 16.35.17.

I would be pleased if somebody could enlighten me

Mickie

I am looking forward to an announcement of production figures . Even the biggest pessimists will be surprised by the revenue being produced. I am afraid that at this stage it is a waiting game until increased production is known.

The company has been extremely fortunate that the copper price and chrome price have been doing so well and with the increased PGM basket we are definitely invested in the right company

Happydays

What today's share price shows is just how little the market trusts Leon. I am afraid that we will have to wait for results to hopefully restore the trust.My take on the situation is that Leon has since the electricity and water fiasco done very good deals and for that reason I remain hopeful that Jubilee will grow into a very successful company, I have paid my money and made my choice. I too am very frustrated with what is going on at the moment but I believe that those of us who can exercise a degree of patience will eventually be rewarded