Member Info for ivans

I think INFA had made some mistake. they thought they had all licences as per their presentation (see presentation Dec 18). however, perhaps during the ongoing due diligence they now recognised that they are missing 1 licence?

I believe this licence will be needed before any offtake or project funder to be finalised.

licence will need public consultation which could take weeks/month, so expect delays until then

my opinion only based on the available info

palladium more than $1500

when those on the fence will start noticing JLP ?

we all know, with palladium price getting higher and several news due in early 2019, now is time to buy and accumulate before the market active again from jan

with pgm price rising, our earning should be even more than 20m.
2019 should be our year to rise like BMN

good that they is another institution in our register.
they wont be selling sub 10p in my opinion

I have below summary of projects we are now, anybody please keen to expand and amend in case I made mistake and miss anything?

Hernic - production ramping up
DCM - to re-start Q1/Q2 ?
Platco - production early Q1
Kabwe - production Q2 - Zinc + vanadium - NPV $billion
Tjate - NPV $ billions but based on pgm price $1200

rising pgm price (palladium/platinum and rhodium) will increase revenue to JLP especially as cost price is one of the lowest, only $300 per ounce (see RNS, and alledgedly lower than SLP ?) and JLP is planning to ramp up the production in Hernic by end of the year and it seems they are achieving that.

another project, Platco, partnering with billion dollar mcap company Northam Platinum, is to start production early Q1. progress update expected in Dec

Kabwe, which has massive ZINC NPV around $1bn is making progress and news in Dec too. production to start Q2 2019. apparently also has Vanadium and easily extractable with low cost.

all the projects are funded by the existing 50m project finance (at project level) already in place and projects are low cost (at surface)

recent article indicates once Kabwe revenue coming in next year, revenue could reach $60m per year within short time per article below

current mcap only 30m

https://www.proactiveinvestors.co.uk/companies/news/210242/pgm-and-chrome-production-from-jubilee-metals-is-now-generating-more-revenue-per-year-than-its-market-valuation-210242.html

JLP has assets in similar size/class to BMN, SOLG, SXX and in fact actually producing and wont require large capital to produce as all low cost and we already have project finance in place $50m. however, our mcap is no where close to those of BMN, SOLG, SXX, not even half.

JLP should be going much higher from now, and hopefully this will move soon. we have great assets but poor sentiment. sentiment was very bad in BMN when it was sub 10p and BOD BMN was said as the worst. now when sp been rerate, all saying BMN BOD as the best.

Sentiment can change overnight !

I made profit from buying BMN when it was around 10p but made mistake selling and take profit too early.
soon, time for JLP to rerate and wont be selling mine too early.
things about to change here in JLP and hopefully Platco and Kabwe will kick off our rerating.

JLP - projects :
DCM - chrome and pgm
Hernic - production palladium/platinum increasing and lowest cost in industry at $300
Platco - updates in Nov/Dec ? collaboration with major player ?
Tjate (NPV $1b- though need higher pgm price)
Kabwe (NPV 1b - ZINC)- news due soon

current mcap at 2p around 27m mcap
was 100m mcap a few years back.

and nice discussion on comparison JLP with other 500m mcap in ADVFN

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Lostabillion 23 Nov '18

It’s the same with BMN!
Just grateful that I can keep adding at these levels.
I’ve no doubt at all that when I do cash in I’ll have a very comfortable retirement :-)
If SOLG & BMN can happily be valued at those figures Jubilee should be sitting at 30p right now!
Various news during Dec should give the sp some upward momentum.

JLP has assets in similar size/class to BMN, SOLG, SXX and in fact actually producing and wont require large capital to produce as all low cost and we already have project finance in place $50m. however, our mcap is no where close to those of BMN, SOLG, SXX, not even half.

JLP should be going much higher from now, and hopefully this will move soon. we have great assets but poor sentiment. sentiment was very bad in BMN when it was sub 10p and BOD BMN was said as the worst. now when sp been rerate, all saying BMN BOD as the best.

Sentiment can change overnight !

I made profit from buying BMN when it was around 10p but made mistake selling and take profit too early.

soon, time for JLP to rerate and wont be selling mine too early.

things about to change here in JLP and hopefully Platco and Kabwe will kick off our rerating.

JLP - projects :

DCM - chrome and pgm

Hernic - production palladium/platinum increasing and lowest cost in industry at $300

Platco - updates in Nov/Dec ? collaboration with major player ?

Tjate (NPV $1b- though need higher pgm price)

Kabwe (NPV 1b - ZINC)- news due soon

current mcap at 2p around 27m mcap
was 100m mcap a few years back.

i think placing is coming,, same group or rampers in twitter and in the past, it will follow by placing.

hope i am wrong

JLP is seriously not only undervalued ,also very much unloved.

others such as LMI and SLP are bouncing up nicely

we are just a paltry 1% up?

despite platinum palladium pgm are much higher now than last month

and even HZM has mcap of 50m without any revenue.

JLP has financing secured for 50m and revenue coming in and zinc assets worth around 1 billion.

and yet mcap still only 29m ?

????

happy to add some more.

and those desperate from poor performance in BMR are so desperate such that he willing to go a long way to make false claim on JLP - seem like mikesurt post has been removed. hopefully nobody sane listen to him

despite the revenue is good, yet we are not making money. therefore we are having operating loss. question to BOD, why are we not making profit? and when can we start making profit?