Member Info for dorfan01

I don't know the reason for the share price weakness (maybe Acam is selling) but I can see the opportunity to improve overall earnings with little effort.It is SIMPLE use some of the money Jubilee is making to invest in the cheapest share on the LSE.
Tell your stockbrokers advisors to immediately start a SHARE BUY BACK SCHEME.There will never be a better opportunity than the PRESENT.

Life always gives you options.Jubilee Metals Group is no different.You have the option of believing Bushy and his ilk who are basically calling Leon a liar and by inference calling Slater stupid for believing Leon's plans, or believing as I do that Leon is a great CEO as regards to his ability to grow the company and Slater a brilliant investor who has seen the potential of Jubilee. I do however agree with many shareholders that non disclosures of the companies production figures and potential profits enables investors like Bushy to pedal their rubbish and at this time, scare shareholders into selling the share.
Disclosure when that happens will finally provide the answer as to who is right.
In the meantime until we get disclosure I would like Bushy to refrain from using this web site to attack the company.
I will not post again before the next RNS.

Gotreal
Well said
I cannot understand the thinking of some shareholders,who obviously have no idea as to how to build a company,from making losses ,to an expected profit of over $200 million dollars over the next two years.
I really wish shareholders like Bushy and Heroric (If in fact they are shareholders) to sell, and post their drivel on an alternative board

Just goes to show how expensive it is to borrow money if you are desperate. Personally It comes as no surprise and was always a noose around The Jubilee neck.
It does explain the lack of movement in the share price, with the price of every metal Jubilee is producing, and will be producing in the future, screaming up.
Personally I believe it opens the way for Jubilee to begin a massive growth phase and as such I welcome the RNS.
Do not be shocked when Colin and Leon take up their share options.It will happen just before Jubilee pays it's first dividend.

Happydays
So do I.
I have the pgm basket now worth over $4000 from the East Limb with 12% Rhodium and at Inyoni at over $3500 with 8% Rhodium. With copper now being produced who in their right mind would sell the share at present prices.
The price of Zinc has now also taken off so surely Leon will fast forward Zinc production.
As usual I live in hope of a wonderful future for the company.

Surely it is impossible to believe that investors in the Jubilee Metals Group are not aware that Jubilee's produces pgm's and copper.I understand that for many advisers Jubilee is under the radar and many have never heard of the company or what it does.
YET that the share price, as compared to other producers, has been so weak is unbelievable.
I firmly believe that for the next few years that the best way to protect your money is to invest in metals including gold but my choice for strong metal prices is pgm's and copper/cobalt.
An announcement from the company as regards to copper production is overdue.

JLP
Yes I agree. All we need from Leon is that our copper production is on schedule

Happydays
What about rhodium and zinc and maybe gold if we ever get a RNS about Cypress.
Also Tjate will become a valuable asset if it s not so already.
If you add all the tailings Jubilee owns in SA and Zambia I am sure we are trading well below net asset value.

The basket price of pgm's must be approaching an all time high.
Copper over $10500
I refuse to have negative thoughts that something is amiss at the Jubilee Metals Group a widely held view by many shareholders.
All that is needed is for the board of directors to realise that the there is a need for better disclosure in a company growing in leaps and bounds.
I have emailed Leon (no reply of course) to suggest that better disclosure is needed.

TellyS
Of course you are correct. The market is waiting for confirmation of figures.
I do understand shareholders frustration with lack of news when the metals the company is producing are soaring and the market is oblivious of that fact.
The share price of every other company producing the same metals has risen by a minimum of 30% while Jubilee has hardly moved.
I do hope we get some indication from the company soon but in the meantime I feel brave enough to increase my holdings.
After all money is made in the market by being brave while others are timid,as an opportunity presents itself.

When listening to the interviews with guests on Summit a financial discussion program in South Africa the buzz word seems to be that the best place to invest at this time is into a PGM company,but with no mention of Jubilee Metals Group with every other platinum miner named.It reminds me of the good old days when as Jubilee began to grow the share,the price stayed frustratingly low. While there was a short delay as Jubilee increased the capability of Inyoni I expect production of PGM'S to soar in Y/E 2023.Jubilee is simply under the radar of most advisors.
When will Jubilee's share price begin to reflect it's true potential. I have no idea but rise it will just as it did before.
Shareholders just need to exercise patience.

Mogli
Yes my figure ignored cost of production or any reduction
But I do not understand your %'s
I have ignored Ruthenium and Iridium because the amount Jubilee will produce is minimum but because both metals are highly priced it can only improve my figures.
At Inyoni I have used the following to make up 100% of the basket Platinum 50% Palladium 40% Rhodium 8% Gold 2%
East Limb Platinum 48% Palladium 38% Rhodium 12% Gold 2%.I think platinum must be higher and palladium lower.

Seis&Mogli
My basket prices is way above both of yours
Inyoni $3252 East Limb $3767
The difference can only be in the % of the platinum and palladium produced in completing the basket.
Is there anybody that can come up with the correct %' between platinum and palladium.
I believe rhodium forms 8% of the basket at Inyoni and 12% on the East Limb

Homey
You last statement about cobalt having no relevance for JLP in the short term,while it may be correct, shows your approach to the company.You should assess a company based on LONG TERM PROSPECTS and not short term performance
You talk about Mickie ramping up the company,but you are doing the same deramping a company with great prospects in my opinion.
Mickie and I might be optimistic as we consider LONG TERM PROSPECTS but you are basing your posts on SHORT TERM PROSPECTS like so many shareholders today .Sell and move on if you see no great future for the company.

JLP Positive
Thanks I needed that laugh .I had just finished an email to Leon in which I said a RNS would be welcome if only to reassure shareholders there is no good reason why the share price is sinking while the prices of metals Jubilee is producing is soaring.
Not that I expect any reply but I needed to get my feelings across

Mickey
Maybe the drop in profit of PGM'S and the FIRST ever drop in the 6 monthly profit figures has spooked those investors who do not see the bigger picture, that the closing down of Inyoni for many months was necessary to improve overall PGM profits. Most investors don't do their own research but just follow the herd.
In fact at this stage it looks like perfect timing as the plant was shut down while PGM prices were at their lowest and we should be enjoying the higher PGM prices today.
The slower than expected ramp up of copper sales and the lack of information coming from the company could be another factor affecting the share price.The company did inform the market that production in January was 66% up on last year but we need to guess whether that was PGM'S or copper.It would be nice to know
With the company growing at such a pace a detailed RNS would not be amiss.
In the mean time I continue to buy and hope that like most of us on this board our optimistic forecasts will turn out to be correct

Jonah58
I am sure you are right.
I keep thinking that investors do their own research but except for a few of us that thought is a fallacy.
I will patiently sit out the small hiccups and expect to be rewarded at some future date

What is going on ? Surely the market knows that Jubilee produces PGM'S and Copper.With all metal prices soaring with platinum in the forefront it was the only platinum share to fall heavily on both the LSE & JSE in sharp contrast to all other metal shares soaring. Has anybody got an explanation ? Surely it looks like the worst time to sell the share.

Charles 432
Like you I have bought many more shares mainly at about 3 p (60 cents in SA) and have done well.
As things turned out I will forever be grateful to the stockbroker who sent me the details of the geologists calculation of the Tjate worth .Like you say, he did not mention any problems with the ability to mine the reefs.
BUT times change there has been little new finds of PGM reefs which seem only to be located in South Africa and Russia(mainly palladium).Mining methods change so I am more optimistic than you are. It may take time but I believe there is hope that one day Tjate will be worth big money. We live in hope
If PGM'S go higher Tjate may still be sold

Cardo
The contract went bad as BMR lost their mining licence just after they did the deal with Jubilee which meant Jubilee had to plead their case to get the licence back which they did at the same time establishing a great relationship with the Zambian Government.
With a new government voted in, this relationship seems to remain good.The new president is very business friendly (He was CEO of Grant Thornton in Zambia) and new legislation has now been passed to lower tax rates on copper producers.
Jubilee had also done a deal with the Zambian government with regard to tailings so prospects in Zambia are looking extremely rosy.
What I am trying to indicate is that not only is Jubilee an efficiently run company but have also been extremely fortunate as well.