Member Info for Happydays43

True!!

Nice video and update on Sable.

If Jubilee was a movie it would be called "Lost in Translation "...

It's bewildering why the share price doesn't budge... especially with what's in the pipeline... near term.

Leon said they have contract prices for chrome. This won't go up and down on the week. He said because of the large volumes of Chrome they have to move they don't have a floating price (week to week) they have a contract price which I assume is lower than the current price but remember it works both ways so visa versa... As I said before, nothing JLP do is transparent. We will have to wait and see what's in the 6 month report!

There is no or very little transparency when it comes to RNSs from Leon. Always seconding guessing. The market can't stand second guessing!

I guess that age old saying will be true for Jubilee- " If you build it they will come."

I'm very interested to see what our margins are at for Chrome this quarter. Leon didn't say what he negotiated for the renewal chrome off take contract which is slightly bothering me.

When Leon says they have cracked the nut and are able to process weathered copper dumps... are they the only ones in the world that have done this??

Https://www.moneyweb.co.za/moneyweb-podcasts/moneyweb-now/the-roles-of-copper-chrome-and-pgms-in-jubilee-metalss-life/

Enjoy!!

Amazes me that even though Jubilee is about to become largest producer of Chrome by way of cleaning up the industry they getting zero (or very little) recognition?

Chrome Margins have been increasing monthly and we about to break 1000 tons of copper a month.

Is this just bad PR?? Or are they still trying to go under the radar well they pick up new deals... probably the latter..

It seems like in reality we will be lucky to get one (maybe 2) module a year (fully commissioned). Roan already had the infrastructure in place which makes it quicker to build a new module. Building these modulars in remote locations will definitely take a little longer.

I just want to see 25 000 tons. That should get us back to atleast 20p.

Leon also said in January that we would have 4 more modulars by year end....

I guess that's not happening either.

I hope 13 million dollars they raised goes to good use.

After listening to the interview yesterday it sounds like we will be in full production (25 000 tons copper concentrate/ cathode per annum) come December 2024.

And we will be the world's largest chrome producer....

Yet zero reaction from the Market?

We even have proof in form of a video on their website.

You right AI, why stop at 30 000 000 New shares. It's free anyway..lol

Exactly, making up new shares - dilution.

Surely they have 3 -4million dollars in free cash flow?

It would have shown great confidence. But they decided to go to the market for a measly amount...I missed opportunity imo.

If we had done those two deals without dilution I can guarantee you we would have been closer to 8p than 7p today.

FACT!!!

Shevlin, share value would be even more enhanced if you don't go to the market. I don't see why they going to the market for a few million shares. Especially when Leon said last year there is no need. So any new deal that arrives we know what's coming next.. more dilution. In the real world Shevlin, the market doesn't like it.

It most definitely dilutes dividend returns!

There's a reason why it's called DILUTION. Come on Dorfan, surely you even know this??

For those who have trouble understanding the silent treatment.

Imagine you tell your child you taking them for ice cream and it's the most spectacular ice cream you have ever tasted. Then the day comes and not only do you not take your child for ice cream you give your child the silent treatment.

Not really fair ... is it...

Since mid May JLP has dropped around 20%. What Leon fails to understand that if he releases an update now saying there are issues ( water, electricity, painting, logistics or which ever excuse he chooses) the share price will probably fall another 20% like last time. Might be short lived but will definitely drop on pure frustration.

So it seems he is taking an alternative route... and that route is to stay quiet. Which in my opinion is not good because we've already had a big drop on no news. He should of just updated the market on the 1st of June and we probably would have started making a recovery

.. but alas.. not to be. The problem is obviously worse than they anticipated . Three weeks now..

Houston, we have a problem. We've blown a fuse and the paint still not dry. But don't tell anyone maybe they won't notice...