The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
A DFS in Zimbabwe is costing PREM around $6M although now that's effectively being funded due to a 13% stake in the company being bought by chinese company Suzhou. After the receipt of the $5.4M due shortly, if the Geo looks good, maybe colin will announce a DFS unless the geo results spike the interest of someone like Suzhou who then may do the same with little old GLR. Hope colin is in touch with them. They paid 0.4 for PREM shares when they were trading almost 40% down from that
iky, I have been thinking the same on the KCB and that once we get the $5.4M in and some other update that he might just drop a bombshell. But it may be that Sandfire insist on almost complete silence and that is what is holding him back from updating. They are paying for the drilling so I suppose to a degree, it is their news. If it does come off though and we bag $80M, that will be something to celebrate. I have spent out now here and everywhere so its a 5 year window for me before I need to cash in
Come on Colin, let's have a really good update on all fronts. What about getting a research note done and out there to encourage some institutional buying. We are just drifting at the moment
Heard all this sort of negative advice when I was scooping up shares between 1-3p. So thoughtful of them to offer their investment advice. They are always there just when you need them but usually pays to invest the opposite way. Looking forward to the next few years of Jubilee ownership, over 5M so probably more than most/all of the £100 day traders
I see the 750K purchase has helped turn this blue after the 1.8M sell. It won't take a lot of buying to get this moving up when good news hits. I understand some of the SGS labs have been slow due to covid but surely we are due some drill news soon and confirmation of monies received from other deals. Has the Sandfire deal or rather the extension of the license been signed off yet , maybe I missed that. Come on Colin
I have enough now but will add if any price weakness. Has to be some KCB news soon surely. Not expecting anything just yet from the new Zambia deal but would be nice to be proven wrong. Come on CB
No messing about CB says, will be cracking on with a team straight away so come on then Mr B, lets see some news soon
Just had a nibble at 0.96 after listening to the vox podcast again
Not so long back George was close to doing some mega deal with the Germans wasn't he, so far he has shown he is very good at concluding bad deals, let's hope things change and he concludes a good one.
Won't he just increase the loans to MNH and then ultimately convert to equity this getting around a specific share issue to purchase them. Part of the recent raise will become the next loan?
Finding a replacement shouldn't be too hard. Let us hope GLR is now a top priority
"Jubilee is now well positioned to expand internationally, and to do so must further tailor the structure and knowledge base of the business. It is critical that we have individuals in place with the specific capability, values, and experience to move the Company forward. I personally recognise in reaching this point that it is appropriate that I move on to allow a new Chairperson to steer the Company in the next phase of its evolution. The dedication, energy and skills I have applied, and continue to apply, are more appropriate to companies which are at an earlier stage of their development, and I look forward to continuing my endeavours in that arena.
sssshhhhh, let's keep nice and quiet and the market won't notice us, let Colin take a bit more time
I think everyone is in shock. I added at 0.97 but should have been more patient. On that Zak podcast, Colin seemed a bit dumbfounded that the price had been hit and that the news was good and what he was expecting. I would have thought by now, he would have come out fighting and released some positive update.
Hopefully the other II's will see Slaters increased stake and wonder if they should follow and increase their stakes. Failing a market downturn, this should recover and grow very nicely. Looking forward to 1-2p at a time not fractions of a penny
I may be wrong, but I think zoro is saying "How long before the big Market Crash" and not talking of Colins Cannon. Have held here for 10+ years and my holding is sizable and below 4p. So I have a cushion but I am worried about the next market crash and what it could do to the jubilee share price. But timing the market is impossible. I am just hoping I can realise big gains here before it gets battered along with everything else
Don't you just hate these new investors that get the timing right, buying on the recent dip and as he says, well below the placing price and sandfire in price. Well done that man, I got in lower (0.3 to 0.9) but with more risk. Actually my last buy was above 1p but can't remember the price
COME ON COL
You say KAV have little in the bank but Ben Turney confirmed they already had £1.5M and now another £1.94M so I would say that's enough to prove up the hole they are excited about.
Colin does read the boards so hopefully he will update us as to progress this week
I struggle to find a good reason now why zulu is still impaired. It is valuable and we are spending over $5M with DFS so why not unipair it and realise a higher share price which means less dilution on the next raise/issue.
I hope I haven't backed the wrong horse here instead of piling into KAV. The lack of news is worrying and I guess one of the main reasons for the falling share price.
KAV Update i know slightly off topic: https://www.proactiveinvestors.co.uk/companies/news/954099/kavango-expands-drilling-as-it-raises-capital-for-its-ksz-programme-in-botswana-954099.html
But hoping our drilling news will be just as positive or more so. Come on Colin