Member Info for Mikiesunday

Think i would rather see the quarterly results first, then the finals. On the basis, the finals are not going to be great, but the quarterlies should start to show copper growth. What about you Gray?

Indeed Gray, there is so much news to come. We’re almost spoilt on this front.

I’m probably dreaming, but i’d love to hear they have funded Project G from the balance sheet. Even if it takes a little longer. Imagine what that would do for sentiment.m? Either way, earnings are set for a big tick up.

With quarterly and final year results due soon, news flow will be plentiful in October.

Sentiment and earnings will move this Summit. We have seen those two factors move the share price rapidly to 21p.

Unfortunately sentiment is extremely low at present, mainly due to the wider macro. Earnings have reduced because of the reduction in the PGM basket.

Fortunately increased earnings are being created by increased production of chrome and copper. The macro will improve with interest rates falling.

Even more fortunately, when the wider macro improves, Jubilee will be producing even more chrome and much more copper. This will result in much happiness for shareholders and eclipse former highs, which is why i am currently buying what i can.

Hi Edzi,

I’m very good thank you and i hope you are too. I hope the procedure was a great success.

Ofcourse i respect your in laws privacy, but it is the list i am very interested in and cant find it anywhere. I was hoping you could would send a link? Or tell me where to find this list?

Edzi,

I am fascinated by your brother in law! I have just tried to google the times 2,500 rich list and cannot find anything. I can find reference to the top 350. Can you send a link as i would love to see this list. Hopefully a few here may make the list one day!

LUFC, would the platform be included in those numbers?

Sorry ISAman its at 5.33 not 5.42. I set it at the lower end of the spread.

Plus I’ve had a buy order in all morning at 5.42 for £2k, sitting at the lower end of the bid/offer. This has not been filled. Doesnt seem like a desperate seller out there! I’m guessing recent performance is macro based. I’m hoping were at the end of the Fidelity clear out. But just my musings.

Seis, I’m guessing Fidelity have sold all the shares they accumulated in the last equity raise at Christmas. This was at 5.5p and it seems they were happy to sell down to 5.5p. I believe Fidelity were almost neck and neck with Slater at Christmas with 300 plus million shares. Im guessing they participated at about 100M shares in the issue and have sold them down for a quick profit siting performance as a reason. If this is the case they are either done or nearly done. Recent weakness below 5.5p may be macro or the mine shares washing through! Plus people holding to see where ghis bottoms. Im guessing we’re at bottom or very close.

I believe they may hold them in the UK Smaller Companies, the Special situations, European Smaller Companies. Needs someone to have a deep search.

Lets hope your timing is perfect Seis. Im trying to get to grips with the Fidelity situation. It would appear Jubilee are held in several funds. Plus Fidelity operate a platform, where investors may hold shares directly i believe. It is clear they are big sellers and the previously discussed fund has been repurposed into a sustainable fund, so Jubilee appear to be a casualty of this. I just hope Fidelity are not completely exiting Jubilee as a group.

Its quite difficult to understand the current share price, given the growth that has been undertaken. It seems a very strange decision from Fidelity to offload just when chrome production is becoming vastly profitable and copper is set to ramp up considerably over the next 12 months. I have been buying small amounts regularly for some time now as i think its going to be very difficult to call bottom in time. I have found many times when bottom is confirmed its generally too late to take advantage. I make you completely right Kalan.

ISA man, great to see new investors and contributors to the board. This is a fabulous company and looks set for take off. Despite the share price, there has been considerable growth in the company with lots more to come. I believe your timing is impeccable. Good luck.

Edzi, you can still buy me a beer, even if you really do believe we can ignore the most profitable part of the business!

Kalan- clearly not invested again! Perhaps you might recall this comment a couple of weeks ago “Potential to double in next twelve months and even higher IF copper rises and gives us a bigger margin back.” Maybe you were invested at that point?

Yes Shuvlin, it looks extremely high!

Has anyone noticed the copper grade in this clip. Its off the scale! No wonder they are very excited about M!

https://x.com/jubilee_metals/status/1828816271686992359?s=48&t=mVgZpn0KGRUg-RQaOGChhg

The link is on X.

https://www.***************************/jubilee-metals-group-ceo-leon-coetzer-on-powering-growth-and-expanding-copper-production-in-zambia-video/4121169650

https://www.***************************/jubilee-metals-group-ceo-leon-coetzer-on-powering-growth-and-expanding-copper-production-in-zambia-video/4121169650