Member Info for dorfan01

JLPP
Reading the RNS I agree with your assessment of the situation.
If we are correct then it again demonstrates the ability of Leon to do great deals to improve the growth of the company

Watching Bloomberg I was amazed to hear that Pfizer had produced a pill that could be administered to a person who had contacted covid-19.The pill would produce an effective cure in a few days.
This news is earth shattering and if correct we can look forward to a rapid economic recovery worldwide.
What a great time it would be , to be a Jubilee shareholder

I see on the other thread a poster is eagerly awaiting results which he believes must be stonking.It is hard to believe that some shareholders are so ill informed that the results, of which we are aware as they have been announced, can change. The statement is really stupid as the only information to look forward to is what has been happening in the last 4 and a bit months.
I hope we will get full disclosure on all areas of the company's production in this financial year.
If we do NOT those of us who can attend the the AGM must speak out about non disclosure

Mickie &Bobbin
Until we get some good news our shares unfortunately are destined to sink.
It is a direct result of the board not fully understanding how important it is to keep shareholders informed of what is actually happening.
With so much going on, no news equates to bad news.To think that way is human nature.
I hope an RNS will be issued pretty soon.

Sumo
I agree but the 5 year prediction is what interests me

https://walletinvestor.com/jse-stock-forecast/jbl-stock-prediction

Jonah
Thanks

jimi
I agree but have no idea how I can delete.Could you assist

Thinking back to the early days of the company I remember both Colin and Leon were both very upset about the lack of recognition the company was receiving as it battled from humble beginnings and were not being given credit for their efforts.
The advice from brokers was let your figures do the talking.
What changed-Institutions began to invest and wrongly in my opinion the seeds were born to disclose only when it was absolutely necessary.The start was to change quarterly reporting to half yearly reporting.
Lack of reporting is negative as investors immediate reaction with the share going nowhere is What is WRONG ?
One can argue SO WHAT! Well when trying to build a company,especially a company that had to issue shares firstly to survive and then to grow, the share price is in my opinion a most important consideration.
Think about all those shares issued at such a low price (5p and less)
Figures and Information issued by the company are in my opinion equally important and the quicker the board sees the importance of both the better.

Edzi
My email address is bdorfan@mweb.co.za

Homey
OK we agree to disagree .I will apologise if I am wrong and expect you to do the same if you are wrong

Homey
I can only assume your assumptions are incorrect, that we can not even produce what was produced last year, taking into account the upgrades,the time lost last year to enable the upgrades to be done,the massive increase in chrome production and the 4 extra months of production at Windsor this year as compared to last year.
I know it is difficult to calculate production without receiving any information from the company ,but as a betting man I would bet plenty that this year's PGM production will be higher then last year's.

How does this trade go through when there are buyers at 16p ?
I have noticed on the LSE the last trade often is miles apart from where the share had been trading

Graham W
Your post is as insulting to PI's as it is stupid.Do you for a moment think the II's don't speak to Leon on a weekly basis,and I expect Slater may even do so on a daily basis.There are many of us on this board that may not own as many shares as II but between us hold well in excess of a 100000 million shares.You do not think that we are entitled to be treated on the same basis as II?
I repeat what have often posted. Leon is a fantastic CEO and I respect Colin for his knowledge and Leon for his obvious fantastic tech ability but the company's communication skills are not befitting to this company that is growing at the rate it is.
So now I have given you extra paper to wipe your own backside .Just print and wipe.

Northern S
Believe me I intend to discuss their failure to keep PI's informed at the AGM coming up.
This new development on Zinc also comes to our attention from another source, as is what is going on in Cypress.
Is it bad news? I don't think so but we deserve to be told about it.

I cannot believe the silence with so much to report.
Surely the must be aware that with no update shareholders take a lack of reporting as a negative.
Do the board want a lower share price?

Platinum makes up the major portion of the PGM basket.
For those shareholders who are fearful that PGM prices have dropped significantly a study of the platinum 5 yearly chart reveals that in the last 60 months the price of platinum has only been higher than the price today for only just less than 6 months as is now certainly higher than when Jubilee first did their profit calculations.
It is therefore NOT all doom and gloom.

I am not that concerned about PGM prices being lower.They have recovered somewhat and when you consider that the cost to produce 1 ounce of PGM'S is under $500 Jubilee should still make a good profit. I also agree with Mickie that ounces produced will be closer to 70 ounces and not 55 ounces being the production expectation of some

We have had no RNS relating to a timetable in respect of copper and cobalt earnings.
Just like Cypress we need to look elsewhere for information.Slater has disclosed on their website that Leon expects $200000 earnings with production at 25000 tonnes p a. Also disclosed is that cost of production should be $4200 per ton.
1 Can we not assume that the price expected to get to $200000 earnings is 25000 tonnes at a price of $8000 .The price of copper last night was $9833 so expected earnings of 25000 tonnes at $9833 could be as high as $227825 and profits as high as $122825 and that is without cobalt.
Also PGM prices have increased considerably lately so profits should be good on that side.
I suggest the share price has not reacted to massive price increases ONLY due to a lack of information and the inability of many shareholders to bother to do their own calculations
Jubilee must be the cheapest share on the market.

Yep Warren Buffet is right .The stock exchange is an institution that transfers money from the impatient investor to the patient investor.