Firering Strategic Minerals: From explorer to producer. Watch the video here.
Thanks for the post Oddbod. Interesting info
Well today is Thursday :o Sumo, so there is every chance.
Yet highly unlikely. GLA
Me three. They will have to fight for mine at 30p too Mikie.
Have to have a few days of general market fears, but that doesn't change what is happening on a day to day basis at the Copper refinery and PGM furnaces
https://www.moneyweb.co.za/mineweb/amplats-sees-green-future-for-pgms-after-14-production-slump-in-2020/
Our metals only have upside it would appear.
GLA
https://www.cnn.com/2021/02/19/investing/copper-prices-economic-recovery/index.html
Only good stuff ...
https://www.moneyweb.co.za/news-fast-news/copper-surges-above-9-000/
Info from Roan becoming critical ...
Got some wind behind our sails at the moment. Enjoy the breeze.
GLA
I think if you have been here as long as most and been accumulating shares along the way we are all overweight in JLP given the price increase since the 1.82p.
I consolidate myself in the fact that the new institutions have only started taking positions around the 12p-13p.
The upside potential far outweighs the downside and without anywhere else to lock in funds, happy to ride this journey for a few more years.
Like most have said, this has been an amazing week for the share price.
If next week is even half as good we will all still be smiling.
Cheers to all the long term shareholders.
GLA
Clearly male dominated BB
Where noone cares if we add a pound or two.
The more the merrier.
GLA and DYOR
https://www.news24.com/fin24/companies/mining/sibanye-may-spend-r39bn-boosting-platinum-output-in-sa-after-price-rally-20210215
Very interested in the idea of platinum going up 80%
only a matter of time ...
May have spoke too soon Happydays.
Hopefully as usual London leads the way upward.
GLA
Shatgar I agree.
Just look at the graph of Jubilee over the last 3 months. A step up from around 3p to around 13p.
Over 430 million shares traded since 6 January 2021. That is some serious changing of hands.
Consolidation now, waiting for the next leg upward based on the next set of financial information imo.
Gla
@3card
The one major factor which makes me comfortable being overweight in is I have complete faith in the honesty and integrity of LC. I have openly stated that before.
At the 2018 AGM, I specifically asked him after the meeting about Kabwe and the possible risk that the Zambian Government would do the same to Jubilee. He told me that he believed the licence was taken away from BMR for 2 reasons. The first was that they had held the licence and not done anything with it. And the second was that they never engaged with the Zambian Government face to face, their only interaction was by electronic / mail correspondence. Anyone who knows anything about doing business in Africa understands that it is insulting not to meet people in authority eye to eye. Alex Borelli was at the meeting too as an aside note.
So the fact that LC is based in South Africa and understands the mechanics of how business is done in Africa also mitigates the risk, for me, in both South Africa and Zambia. Following on from dorfan01's statement I believe that the actual risk of doing tailings in both countries is as low a risk as any other African jurisdiction (excl Zimbabwe). So as long as Jubilee pays taxes and cleans up the environment I remain optimistic about where the company is going and can go to.
GLA and DYOR
@dorfan01
Thank you for your insight.
I think we tend to forget this share was around 2p a year ago. I have previously said that my portfolio is heavily skewed by JLP because property and bank shares haven't recovered. I have also been topping up on JLP because I believe it is extremely cheap. With the volume of shares I would believe that it is the earlier institution taking cash off the table much like our very own CB. Those people smarter than me would suggest I diversify instead of having the majority of my money in one share. I truly believe that the upside potential of JLP within the next year will outweigh any other investment I could do with the proceeds of the selling of some JLP shares. So I won't be selling for at least 12 months unless Zak Mir is correct and JLP is at 23p by March. Then all bets are off.
GLA
https://www.news24.com/fin24/companies/mining/platinum-surges-to-6-year-high-on-hopes-of-industry-bounceback-20210210
"Longer term there is much more potential for the price to rise", she said.
Music to my ears
This share has always been a slow starter out the blocks.
Elephants racing horses - JLP share price is about comfort with only bursts of speed, eventually we will catch up to everybody else.
GLA
Will be hard for any company to persuade their shareholders to start deep level PGM mining with the sword of loadshedding hanging over it.
I feel Tjate will be on the backburner for a few years yet. Not complaining while we get our Copper and PGM's in a row.