RE: Chrome Production & PGM's-??27 Feb 2025 11:12
Https://miningaim.co.uk/jubilee-metals
"The bottom line
Chrome and PGMs were already profitable at Jubilee even as other operators have had to reduce operations. But Zambian copper will drive profits to huge levels given the heat in the sector and rising copper demand.
But taking a step back — Jubilee was also trading at circa this level five years ago — and in that time, the company has not only built Roan, but upgraded it. It’s also upgraded Inyoni, upgraded Sable multiple times, and sourced feed for all plants. It’s even sourced all the power it could ever need.
The chrome business has jumped to multiples of where it was, and then there’s the deal with IRH that could add further tens of millions to the market cap when it gets cracking.
The share price is a steal, and the re-rate will happen shortly."