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https://www.d*irectorstalkinterviews.com/jubilee-metals-group-deliver-a-new-large-sustained-company-video/4121065032
Remove the asterisk

Scott can't let it go....

You may not see it but it is the stated strategy , Charles.

I think many people are simply missing the point. The wording of the RNS is: "Although the Company has no immediate intentions to use this authority, this resolution is proposed by the Board to offer additional flexibility in the structuring of potential future transactions as part of the Company's global drive to seek value accretive opportunities."

"...flexibility in the structuring of potential future transactions...as part of the Company's global drive to seek value accretive opportunities." It may well be that as part of a transaction that is majorly beneficial to JLP and by proxy, us, the company from which the benefit is being acquired wants to have a share in the future upside of JLP by taking part of the payment in JLP shares. Plainly if they wanted to build a significant stake in the market this could be challenging to do and more costly. Yes, you can argue that everyone else (us) has to buy in the market and yes, that is what drives the price upward. But we as individuals have no benefiiclal assets to provide, only cash, and any organisation with such assets is in a different position to us. The RNS is NOT saying we wish to issue shares to raise working capital to carry out already proposed expansion because we are not generating enough cash to do so or can't raise finance against the balance sheet to do so, it specifically says for future transactions to execute the stated strategy of global expansion. These are two very different things and those taking a totally negative view are I believe allowing their emotions to to drag them back to the good old bad old days when we issued paper just to survive and that is explicitly NOT the case here.

Why would it rise in the short term... the market prices in eventualities if you were right....

https://www.wsj.com/livecoverage/russia-ukraine-latest-news-2022-04-08/card/palladium-and-platinum-prices-jump-after-london-market-blocks-russia-made-precious-metals-h7Ue50Q9ShLyCi62aHJv

Kaiser....explain...using Jubilee...?

I would be surprised....Not a big enough name.

Clowney... "Most long term shareholders will know that JLP will tell you the good news and delay/hide/obfuscate the bad news." Can you name any company that doesn't trumpet good news and downplay less good news? This is both human nature and generally accepted practice in managing expectations. Again, you seem to want to make JLP seem uniquely "bad" in terms of your phrasing when all they do is in practice no different to any other business.

For example, Tharisa announced the devlopment of their Vulcan fine chrome plant in August 2019 at a stated cost of $54.2 million dollars and that it would be fully operational by the enf of 2020. In October 2021 they began "cold commissioning" of the plant which had already then cost over $100 million, an 85% overspend compatred to budget, and have just the last few days included a very low key update that they were "gradually ramping up" throughput...this in April 2022. Compare that to what JLP have achieved over the same timescale and you will see how effective Leon and the team have been...despite you painting everything black.

Tipped in the Mail... And by TW..

This is old "news"...and indeed not news.... a political licence dispute. First post on JLP and you drag up this and post a "strong sell" .... no agenda there then! Haha! Go away....

Utter rubbish.

So, August21, how else do you suggest early stage companies grow when they are unable to raise finance because they are still establishing their business model. I am quite sure your collagues are MUCH happier to hold the percentage that they do now than NOTHING AT ALL because the company went bust! As it is they now own a very valuable stake in a well established company with great prospects. They must be very pleased, surely?

Scott, as you have raised the number of shares in issue as an issue on a number of occasions, can we agree once and for all that it is the percentage increase in the vale of the shares you need to focus on not how many there are. When the company provides the next progress report on copper and the share price rises, all of the shares, regardless of number, will rise by the same percentage and the number in issue will not alter that percentage. The number of shares just determines how much each is worth at any given time as a representation of that fraction of the enterprise value as judged by the market. The more shares in issue, the smaller the value the more you can afford to own. If there were a tenth of the number in issue than now then today's share price would be £1.55 and you would own a tenth of the number that you do. But their increase in value will still be by the same percentage when the news comes out. :)

As for being proud of the company's achievments and track record, Summit, I am. I think Colin and Leon between them, and Colin is due a huge amount of gratitude by shareholders for his undoubted deal-making talents, have achieved an enormous amount given the cards they have been dealt in the last few years. The company is now ideally positioned to capitalise on the strategic thinking and investments that have been made and at the perfect moment when the metals we have interests in will increasingly be in demand for environmental reasons. We are just in the foothills of where the company could climb to. JLP is the share that I have been looking for for 20 years and no negative short-termist views with regard dividends and linear share price growth will deter me from holding for the longer term. I note your interest in EUA... and I know where my money would rather be, especially given the recent political situation. EUA was a bit of a basket case before Russia's madness; now it definitely is.

What do you mean no proper profit? I think you need to do a bit of of accountancy study. Just because you reinvest the profit so it can't be distributed as a dividend does not mean that you haven't made a profit.

When expanding a business, whether large or small, there are two primary sources of funds - debt and equity. For small businesses, debt typically comes from loans from banks or other financial institutions. Equity can come from outside investment or from reinvesting profits. If a company funds a business expansion or improvement with reinvested profits, it can avoid taking on excess debt and the corresponding interest payments that can threaten the financial health of the company.

You said "what you dont do us expand and make the same mistakes..they have got to demonstrate they can return money to sharehders" Returning money to shareholders is a dividend is it not? Leon has already clealry stated that they won't be paying a dividend in the next 2 years ..maybe in 3 or 4. So if that's what you are after I was making a sound suggestion to you to invest elsewhere. As for the "mistakes". Which exactly are you referring to...? And then show me one company that has never made an (with hindsight) unwise investment .

I take it Clowney that what you really mean by "...the current copper operations roll-out will gobble up whatever FCF Roan and Sable generate." is that the company, like other fast growing companies is reinvesting cash generated into future growth? That's what "gobble up" means...Yes? Now I'm not sure what school of business you went to..(hehe) ..but that is called investment and I think the company has already provided pretty good evidence as to why that investment makes a huge amount of sense for growth investors with copper at > $10K/t. You see this is where Bushy, oddly, always seemd to fall down... that the idea is that cash flow should not be used for growth but should be maximised ...for what? To give back to the shareholders? Well, of course if the company cannot come up with any new ideas to grow and increase the share value then that logically is all you can do with it. And if a dividend is what you really want then maybe (Summit) you should be investing in an insurance company or other stable, blue-chip organisation. BUT..I believe that most people here invested in JLP for capital growth and that's what reinvestment of cash is all about...not "gobbling up" like its going down the toilet at the end of the process. Indeed most people here have already benefitted a great deal, you included, Clowney, if you are to be believed, to the tune of hundreds of thousands of pounds! Why then deride the idea of reinvesting profits to drive even greater returns on your capital? Beats me... but gobbling up does sound bad doesn't it....hmmmm.

Don't ya just love it when people state supposition as facts!

You are just another armchair CEO Clowney ...Leon has made you really quite rich in the last 2 years and now you have a fair amount of skin in the game. or so you claim, but you still want to bite the hand that feeds you. The amazing developments that have taken place during a global pandemic just aren't enough for you and you demand the share price to be on an ever upward move. Now, when the company makes an announcement, without knowing any facts you fly off the handle in your speculation of how negative it all will be. You are a chump who clearly has no experience of the realities of operating a business. When it come down to it if you "... have varied and valid complaints but I have sufficient investing experience and grey hair that warrants my distrust." then why don't you sell up and eff off rather than dis everything the company does? Plainly you do not trust Leon but he isn't going anywhere. Why should he with what he has and is achieving? And why then would you continue to hold?