Member Info for marineclark

Have a great one all. The next few weeks should hopefully see the breakout we've been waiting for. My short term of 50 p target is a 40 percent profit from current price. A good amount of profit.

I've got better things to do than trawl through other's posts. I was referring to the pie chart of share chat post distribution over the last 30 days, which shows your obsession for this share particularly considering that you say you sold and have no shares here.

Whether i'm new here or been in this share chat room is irrelevant, I've been with this platform for decades, and post on shares that I own, or about to own. If I've sold, I see no reason to linger in the shares chat room.

As for my entry price, it was spot on, caught the turn perfectly based on technicals, around 5.10p. I'm up 27 percent at todays closing price of 6.5p. I actually posted on here the exact turning point, for others to buy.

I've been trading long enough to know that no one gets it right all of the time, things often go wrong or reverse course at at moments notice especially when it comes to AIM shares. Only an amateur would beleive he has a crystal ball.

Don't mind Bushy. Just looking at his post distribution, this share is the one he spends most of his time on., 20 times a day every day. You wouldnt be posting that much on a share you don't rate, unless you sold out at the recent rally and want back in. Problem is if you are wanting a much lower price to buy back in, that chance came on the placement news, but I think he must have missed that boat.

Charts are looking good here. Price is consolating after the recent rally. Should'nt be too long before the price starts its next run up.

...Cup and handle formations have a very low failure rate so upward breakouts have an excellent chance of working.

Note that price target is actually 52p, but rounded to the nearest ten gives 50p.

Price is still in the "handle" phase of the cup&handle formation. In the third week now, and since the average period of handles are about a month, after end of next week or the week after due to the holiday period, good chance of an upward breakout. Price target around 50p for now. Long term price target much higher.

Https://www.reuters.com/markets/commodities/us-buys-3-million-barrels-oil-strategic-reserve-2023-12-26/

US sold big chunks of their SPR in the last few years, the refilling should help push oil prices higher over several years.

1 billion company in 2/3 years......Merry xmas!

Roxi, where's the drone footage on the website? Got a link?

Https://www.youtube.com/watch?v=GbnQc5mig_I

Price is recovering well from the slight dip in the last two weeks, coinciding with the "handle" part of the cup formation which can last a month.

A breakout above 40p is the critical point. As tensions in the Red sea push up the price of oil, we should see a little boost in the share price here. I don't think 40p resistance will stay unbroken for too much longer.

Some more good news on the production front, will keep the momentum going here.

I sold last week too. This share was a bit of punt, but has proven to be more of a dog of share than I had expected.

Its been quite the rollercoaster here the past few days, replete with more action,drama and emotion than the latest hollywood blockbuster.

The initial discombobulation and panic turning to anger, then despair, before eventually, reason and hope winning out in the end :)

As for the charts, the gap down today was pretty much filled on the close. How the market reacts to news can be a critical factor in deciding whether to buy,sell or hold, and today when "bad" news of the placing turned out to not be so bad after all, the market quickly turned and the price rallied strongly from the intraday lows.

But one can't ignore the potential fundamentals here, which could be gargantuan. Ultimately, it is earnings or expected earnings here that will drive the price higher and higher. The great thing is that at or near thse multi-year lows price, the risk/reward on offer astounding. Yes, it may all belly up, but how many shares like this are you going to find?

DYOR. GL.

Bubsythecat,

Just listened to this interview. The next 2 years could be gargantuan period for JLP. If things work as planned, a ten bagger is not an impossibility here. I may keep this for a 2 year hold instead of taking profits at 100 percent.

Price closed almost as if the placement never happened. Well done to to whose bought in at the intra day lows. Bit silly selling for meagre profits but each to their own.

Looking forward to the next few months. I'll take profit at minimum 100 percent.

Https://www.proactiveinvestors.co.uk/companies/news/1036347/jubilee-metals-group-ceo-on-one-of-the-most-significant-weeks-in-company-history-1036347.html

Price is recovering strongly from intra day lows of 5.5p.

Sure, diluation sucks, but it it was minimal, and was for expansion purposes, so happy to with my lot here.

Why would someone who sold out here spend so much time loitering here, displaying their wares for sale, unless he(she) wanted to swindle your shares for multi year lows is baffling.

...back to 6p already.

hardly even a loss now.

Use of Proceeds

The Placing is specifically targeting Jubilee's Zambian Copper operations, in

order to accelerate the implementation of our newly acquired Copper Waste Rock

Project in partnership with International Resources Holdings ("IRH"), as

......

...This very targeted raise offers us the opportunity to not only bring forward

the expected timelines to implement the very exciting Copper Waste Rock

project, but to potentially scale-up the projected copper production profile

of the project to far exceed our copper strategy of 25 000 tonnes per annum of

copper. Importantly, under the terms of the executed agreement with the IRH,

our partnership affords us the ability to bring this project to full fruition

with no further capital requirements from Jubilee while enjoying a fully

funded position."

Lol.... that bush needs a shave...