Member Info for Happydays43

The PGM basket price must be substantially up this year!!
The reason you buy into plays like Jubilee is that you get rewarded when the pgms go up!!

@JLPositive
Just to correct you.
Glencore produced over 1.2 million tons of copper
Sibanye is the largest palladium producer. But I agree with your comments about better communications.

@Mikie, i watched the AGM again for the 4th time and there are so many nuggets of information. I particularly like that this quarter we will be getting a full breakdown of the design and build expectations for Kitwe (northern districts) and news on their worldwide roll out strategy for targeted metals and regions . Also if you look at forecasted graph for copper in 2022, we gonna come very close to 10 000 tons for 2022.... about 9400 tons. That's because Roan will be producing 6000 tons for the second half of the year and roughly about 3500 for the first half.

Too many other things to mention but all looks fantastic!!

Unfortunately we had a leg down of 8 percent this week despite an increase in pgms.
When you look at the Glencore and Sibanye and most of platinum miners they all have had decent rises based off the increase price of commodity prices.
However Jubilee yet again is left behind.
I thought the update was very positive, but for some unknown reason the market doesn't think so.
So now we wait another 6 months for June's 6 month update.

Yes, once the money starts really rolling in the share price will have no choice but to go up.

With a 21p- 29p fair value I still can't believe we in the 16's.

By the end/beginning of the year fair value will be closer to 40p.

It's very frustrating that we have seen a 20 percent raise in pgms price yet a decline in Jubilee share price since January 01.
What on earth is happening here.
Forsure if we saw even a small decline in pgms no doubt the share price would be on its arse.
Markets just don't make sense..

Plenty to look forward..
I must stop looking the share price 50 times a day.lol
I've hold onto my shares for 10 years and last year felt like the longest year... although the last 2 months haven't felt much better.

Hd

Mikie, that would be nice indeed.
I'm still scratching my head as to why we not moving higher as last year was transformational in every respect.
I'm sure slater are also surprised and will surely be nudging Leon to add more constant news flow.
Mikie, 2 months ago Leon said in the next 14 months we will be adding another few thousand tons.. well its 2 months down and construction hasn't started yet.. I'm sure they will need to start soon for that build of the second concentrator ?

Seems like we gonna need really big news to pull us out of this year long 16p funk.
Higher metals prices aren't seem to be doing it maybe a new deal???

Up 15 percent for the week!
About bloody time!!

Yes, the news is getting out. Not so happy about the 21p share price valuation. Not sure what hat they pulled that out of.
Also not happy about the 29p to 25p to now latest 21p valuation. It's all a horses arse at the end of the day.
Seems like we stuck in the mud. Until we get a more clear update on progress and future plans we probably going to drift sideways.

You can basically buy Jubilee Metals at the price it was 12 months ago ( give or take) with the hindsight of inyoni now complete and contributing more ounces, Roan on the verge of completion and chrome contributing more volumes!! The risk is gone. It's very unfair really that the price is this cheap. I don't think there are many shares available were you will find this phenomenon.

Today we will see if we have momentum!
We should not be in the 16s.

I couldn't have said it better, Mikie.
It's incredibly just how accurate Leon has been. He never oversells Jubilee. He is a man of integrity. These results prove it!!

With metals prices back up and increased production numbers with copper and pgms and chrome... I think we looking at a magnificent increase of earnings in the next 6 months June report.

I have to keep remembering fair value is 29p.
We so far off from 29p.. there would have to be a tremendous rally to get there if we are to reach 29p by December.

The most important news is whether Roan will reach its output target as per Leon's forecast. If it does then we are A for away.
All doubt will be brushed aside and we should see Jubilee breakthrough to new all time highs.

Sumo, I agree. Like last year the January update was out 3 weeks ago. Everyone here is making up excuses as to why Jubes is reporting later than previously reported ( last year January).
They should just get the last six months out the way. We know bigger and better things are already in play for the 6 months ending June.
They should learn how to manage investors expectations by reporting consistently on time.
At the moment bushytail is probably closer to the lead for year end punt and that really frustrates me.
We been stagnate for almost a year now and I really feel.it comes down to bad PR!! Or not enough.

If all goes to plan, earnings is set to double or even triple (depending on metal prices) within the next 14 months.
Seems like poor Jubes has been left out in the cold.. hopefully the update will bring in some more long term BIG investors.
In a recent interview with Caerus they expecting an imminent JV with Jubilee and even significant building progress by the end of the year.

January must have been the calm before the storm because there is a huge amount of news on the way!!

Hd.

Not much longer now :)

We should of in fact broke a record for pgms MONTHLY production in November and December. News on that would have not kept everyone second guessing. I would never guessed in a thousand years we would still be in the 14s if you had asked me 10 months ago.

They just not doing enough to get the news out there. Pull finger!!

It's quite annoying that JLP hasn't participated in the recent rally in pgms and copper prices. We should really be closer or above all time highs.
I feel the only thing holding us back is updates.. which if late are few and far between.
So many things they could update us in but alas nothing. We need news and I know its coming but lately the news seems always delayed!!