Member Info for If-only

RE: PI SHAREHOLDING on this thread

I have 1.6m between the misses and me!

Frogboy

You are obviously not married or you would understand Kalan's post!

Thanks Bluebelly

That explanation was exactly what I was looking for!

Are there any accountants on here that can explain WTF that RNS actually means, please?

Bottoms

Long term holders in JLP have been here for 10-12 years! 3 is short term 😂

Dream on 4everlong, I've had the same dream since the Day JLP was formed!

Great rise! My £1600 investment is now worth £ 6 and rising ...Yipee!!

"So" not "shop" and "year" Not "today"!

Bloody predictive text is so annoying!

Shop does that mean you have a different ISA each today with HSBC?

I'm with HL and all contributions go into one ISA. They keep track of how much you can put in at any point.

I don't recall ever having to subscribe after opening my ISA in the first case.

Seis

Presumably this is what you are referring to

JUBILEE METALS GROUP PLC will be holding a Jubilee Corporate Update meeting on 19th Aug 2025 at 11:00am BST.

Meeting Description:

Update from Jubilee management following release of circular regarding proposed sale of South African chome and PGM operations

I may have missed it (let's face it there have been hundreds of posts) but I haven't seen any discussion about this.

If the South African side of the business is sold then the remaining business will have to cover the full Head Office / Board costs. OK it will be lower but not by that much!

🤔🤔

Frogkid

I think you are being very kind to the Donald! He, in my opinion, doesn't give a monkeys about any of the MAGA voters. The only people he cares about are himself and his rich cronies. Anyone else is just cannon fodder!

His cronies will be making a fortune in the market with his continual on/off tariff carry on. Everyone else suffers!

Frog

It would be absolute stupidity for JLP to release information on what they pay for a resource. They will only pay as much as they need to and each deal is likely to be different from the previous deals.

Why on earth would any company give a seller the advantage of knowing what the buyer is willing to pay before negotiations take place. In those circumstances that price then becomes the minimum the seller will accept.

Smurffette

The following article explains stock buybacks.

https://www.bankrate.com/investing/stock-buybacks/

Yeah, on reflection, I agree with you, Bluebelly, the reduction affects both sides of the equation so should have minimal effect on the timeline to recover the loss of production due to the power issues.

I hadn't considered any loss in recovery. So it would take much longer to recover the loss of production.

Ace

I think you'll find it is nearer 2 months to recover the lost production.

45000 x 0.7% is 315t which is approx 475t lost over the 6 week period.

Even if they allocated the full 4500t capacity to the higher grade material, which they are not initially, they would only produce 720t instead of 315t of the lower grade per month.

According to the previous RNS they will only be allocating 30000t of the higher grade material.

Therefore 30000 x 1.6% (480t) plus 15000 x 0.7% (105t) is 585t. An additional amount of 270t pm against lost production of approx 470t.

Hence the approx 2 months to make up the loss.

***Unit cost of producing the 3200 tonnes***

Happy

Surely the cost of producing the 3200 tonnes are much lower since they will be producing 1800 tonnes more for the same cost in the crushing circuit.