Member Info for Happydays43

Well said JLP.
To reiterate I still have a huge percent of my portfolio in Jubilee only because I believe the rewards will be magnificent when copper reaches 25 000 per annum.
There is also nothing wrong been prudent and taking abit off the table and buying into other discounted companies which in my eyes show more assured value/earnings with very high Dividends. Now if Jubilee can come out with a CLEAR plan with start dates, cost and funding proposals for the Northern region then I think we in for a decent rally.
My worry is that there seems to be something else holding up these plans. I don't buy this excuse that they haven't come up with the design because they were too busy on Roan. Roan was constructed 6 months ago already and Leon was telling us back in December the Northern strategy will be revealed before march 2022.
Going by last years 6 month operations RNS update ending July 2021 we should know soon enough. Should be tomorrow latest!!!

I remember quite clearly on June 2020 when Jubilee announced they targeting 25 000 tons of copper per annum Zambia and that's when the share price really took off! The news was massive and the hype was even more massive!! The share price did not increase 450 percent based purely on the 12mil pounds they achieved for H1 2020! But on the announcement of the copper play imo.

I'm a huge fan of Jubilee despite the criticism I give them. They couldn't have timed the entry into Zambia any better hence the massive share price increase at the beginning of last year. BUT unfortunately the news flow and constant promises in interviews about how they so excited to be letting the market know about progress is non existent.
For example.
PGMS - Are we using Northerns facility or not?? How we meant to make informed investment into Jubilee when they keep everything so secretive.
Eastern limb - no update? I thought it was imminent??
Northern Zambia- no role out on strategy ( costs etc..) We actually meant to be producing copper this year in the northern region as per their time line but we haven't even started the refurbishment??
I'm not even going to mention Cypress and Lead projects.

These are unknowns which is why I believe the share price is going nowhere for now.

I'm still holding on as if all the above come to fluition we in for another massive rally.

Nelson, you spot on. Last month there were many bluechips on sale. In fact I cashed out a small portion of Jubilee and bought a large blue chip at 50 percent off their highs and I'm already up 14 percent and I'm getting a 10 percent dividend.
That was a no brainer. I'm sure I'm not the only one who would have done this.

Goreal, again you completely missing the point like all your posts.
Your numbers are wrong. Go do some homework or bother reading the updates in full.

And the tweets they been posting just adds more confusion...
Why they sending links to clean up of Kwabe and not updating the investors? Do the posts mean theres movement now with the lead project? Just keep us informed properly that's all I'm requesting.

Also on that note.
We've gone from producing 50 000 ounces to 44 000 ounces. Yes Leon mentioned we have an option to produce more through the JV BUT as with all news from Jubilee this year nothing is clear.
They have not been able to manage Investors expectations imo and with reporting every 7 months ( from start of the year) that's a very long time to be kept in the dark when so much behind the seens is supposedly going on.
Yes I believe in the end goal that that's why I'm still here 10 years later..
This year we were all meant to enjoyed the ride with Jubilee as so much going on operationally(as per Leon interview December) but instead we are all in the dark AGAIN.

Well we have past the half way stage.
Here is the list of the end of year punts from January's post.

Let's hope we see a significant improvement over the next 4 months.
Hard to believe but bushytail is closest..

CAWB - 60p
Long-John - 50p
Mikiesunday - 48p
Whyattearp - 40p
Linkie - 40p
Maximum - 40p
Tiverton - 40p
Shorn - 39p
Nelson - 38p
Thecatsback - 34p
If only - 33p
Well oiled - 32p
Tobin - 32p
Sumoskier - 30p
JLP positive - 30.5p
Geoffieboy - 28.8p
Truth and justice - 28p
Portal - 28p
Bubsythecat 27p
Frog boy - 26.5p
HappyDays - 26p
Stump - 25p
SeisNav - 25p
Hot chip - 25p
Ratboy1971 - 25p
Grezzz - 24p
NC737085 - 24p
Jolly1 - 24p
5x5Croire - 22.5p
Jonah - 21p
Bushytail - 8p

Quite annoying most of the platinum and copper stocks have had a nice recovery rally on the back of higher commodity prices yet Jubilee still going nowhere.
It's been 2 years since our purchase of tailings in Zambia. With all.the hype from Leon and what Zambia offers I'm quite disappointed that no more tailings have been snapped up in Zambia. I really hope there are new deals going on in the back ground as we continue to get radio silence.

PGM majors up nicely today + 7 to 8 percent.

In a recent interview 2 months ago Leon said the Eastern Platinum refinery deal would be announced shortly??

In December 2021 Leon said at the AGM that Northern Zambia design would be announced in first quarter 2022 with all associated costs and designs. We now in quarter 3 with no update.

Besides the lower commodity prices I still think we should be much higher and what is really holding Jubilee back is the lack of clarity and broken promises when it comes to updates. Investors hate been left in the dark. Let's hope we have an earlier than expected 6 month update as the last few updates have been late in my eyes.

The dollar is at 20 year highs. This is not sustainable for America. This cycle will turn and commodity prices will improve as the dollar falls to more reasonable levels. Jubilee will benefit and so will we 10 fold.
Happy days!!

Although right this minute doesn't feel like it's the right time to invest, by 2025 copper will be in deficit which will push up the prices. So now is the exact time to grab up some bargains. Especially now that Jubilee is pumping free cash. If we have all our projects up and running by 2025, Jubilee will be a beast!

Could be a new project announcement in South America... looking at the credentials on the 2 new board members. Jubilee wouldn't be getting in these heavy hitters unless they targeting something huge!

Platinum at $822 an ounce must be an absolute bargin. I wish I could pick up a few coins. It was 14 years ago when it hit 2100. With inflation now at 40 year highs this just doesn't add up. How can a more precious metal (Plt) be less precious ($) than Gld? Platinum is 30 times rarer than gold. Maybe common sense will prevail after this speed wobble.

Yeah Mikie, I agree with you although today's news is pretty significant. So significant that we are now guaranteed to double if not triple our earnings. Even with the lower prices, margins are still above 30 percent.
I just think Jubilee has been forgotten about lately, we need a few more interviews. Not many companies nowadays been able to say they now producing cobalt.

Trading negative 2 percent on the JSE.
Market doesn't seem to impressed.
Almost expected that Jubilee trades down on news releases. Just venting a little. Since I've been waiting 18 months for this RNS. Now that its finally out no takers.

At today's low prices that's.
90 million for copper ( revenue)
72 million for cobalt ( revenue)
That's almost double current revenue.
This should make a few headlines!!

We covered number 2. as well.

I see Jubes producing 50k ++ tons in Zambia in the next five years.
Leon is a highly intelligent and righteous person, exactly the guy you want to do business with. He has already proved Jubilees worth and established a great relationship with the president, remember it's not what you know its who you know.
Hold tight everyone. This is just a bump in the road.

22 000 ounces x 1500k = 33 mil( average price pgm basket)
3600 tons x 5000k = 18 mil
Chrome 3 mil profit ( complete thumbsuck)

$54 million profit for January to June 2022

This is a complete thumbsuck as we have had no updates in regards to real production.

Now I wait to be ripped a new one..lol