Member Info for Gray1

Just for you Ardbeggar

Cmon Roan:)

I need to go for a lie down I am nearly back in profit:)

Bit higher for property there are different categories but shares treated as I put out in the previous post. Also shares in SIPP's have a different tax treatment and is largely tax exempt:)

I can remember when it was £12k Kalan a while ago now. Just get them in an isa no worries then:)

That is if it isn't in an isa. Isa no tax at all:)

Ardbeggar,

The first 3k gain is exempt (was £6k). You can offset losses. After that depends what your tax rate is. If you are a 20% tax payer then gains taxed at 10%. If you are a higher rate tax payer then gains taxed at 20%. You can also take into account your personal allowance £12570 if you are a non tax payer.

With losses and gains it depends when you bought and sold it is a little more complicated you can't just use average price of shares.

Good morning everyone,

Wow you have stirred it up this morning Kalan!

Nice video Mikie

Nelson,

I suspect you are right about the other items being suitably fattened to give them wriggle room as you say and you are also right the capital usage is highly unlikely to be reconciled back so we will never really know.

Yes bigger fish to fry now anyway. Not long until 31st May.

Thanks Seisnav. I like the spreadsheet.

Northern

One or two using multiple logins on here but it ain't me and Kalan. I know bugger all about TA for a start. Just because we agree on somethings not always and don't follow the "everything is good here narrative".

Why even mentioned working capital then if they didn't need it. JLP leave themselves wide open with their poor communications style at times. Many have complained about it on here.

Yet another with the conspiracy/agenda/speculation theories. I'm a big boy no offence taken:)

Why would any company raise money and dilute shareholders for "general working capital purposes" if they didn't need it?

Good morning everyone,

Cmon Roan

Good for you. I need another 7k, 10% will do it for me. You will get that easily just with the pgms and chrome next year.

With Copper I agree with Kalan 17p is in my range. I like his golden cross analogy wish I had seen his other when it was coming down at 16p lol

You invested in copper 360 Happydays?

Sss89,

I said Q1 this year and JLP quote CY in the RNS.

I never mentioned financial year but it is easy to confuse the two:)

Hi Kalan,

The IRH deal getting pushed back from the end of January made the Q1 unlikely. They need the cash from the IRH deal to progress the modules. I believe they will do well to have any of the IRH modules up and running before the end of 2024 as part of IRH due diligence maybe to see Roan going well.

Of course they could always pull a rabbit out of the hat and they have some of them ordered and under construction now and ready to go during the first half of the next financial year but that would be the absolute best scenario.

Too quick for me Seisnav:)

"Jubilee has the capability to construct and commission all modular copper units within a 12-month period and aims to commence within Q1 CY2024"

Dec12th RNS. That says to me they aim to commence in Q1 2024. So they should have started then or didn't they. If they didn't then they missed that deadline:)

Gotreal:)

We'll see if it isn't running by October then they missed it:)

The building of the first module under the IRH deal isn't a major event then. I seem to remember many on here dancing for joy when it was announced.

They missed it Gotreal just accept it. They mention the IRH deal in every RNS. It's a major event they see it as that as well.

Gotreal,

"As per the agreement with IRH, Jubilee is undertaking a detailed resource definition to confirm the material reclamation strategy and location of the targeted processing units."

Taken from April 18th RNS in what part of that can you interpret that they have ordered a module and it will be producing in 6 months. They haven't even decided on location at that point.

This date is after the end of Q1 therefore logic dictates they missed the Q1 deadline.