Member Info for Mikiesunday

The good news here - the company is a screaming buy!!

Perhaps a united stand at the AGM Dorf, would have the desired effect! It’s not just the financial reporting, but all comms are of a minimum standard, which is such a shame as I feel in all other aspects the company excels and I have no doubt is going to be an absolute behemoth! I am here for the long run and I feel Jubes has the potential to turn my whole families fortune, in relatively short order! Cyprus is a classic example, we find out lots more information from CMRS, than we ever do from Jubilee! In the early days this was acceptable as there was no budget for communications, but Jubilee is in a completely different position now! Jubes has spent millions upgrading and developing Inyoni, yet we hardly know anything of the progress. Jubilee have a very loyal core bank of shareholders, that have been supporting them for a long time now. Now it is time for Jubes to return the favour and keep us fully informed, I believe that is the difference between 15p and 30p! At this moment in time! Clear reporting creates trust and understanding and I believe Jubes is very misunderstood! The company is way undervalued and is extremely well led by Leon in every angle accept self promotion! You are doing an incredibly good job Leon, way better than I expected, but more illustration would be greatly appreciated. I know somethings are commercially sensitive, but skirt around them and bring the true value home! Get the brokers to earn their keep as well!

Someone’s accumulating under the radar! Can sell £25k with no problem at 15.8p.

I think I would rather have them separately JLP. A spontaneous quarterly report, putting meat on the South African success. A copper update in November confirming Roan up and running, soon to be at full pelt, coupled with news on the elephants. Maybe dissected by a broker report and a new deal to boot. Followed by news on the riches in Cyprus. All I hope very likely. Throw in the end of year financials and hopefully we should have some good momentum.

Shiner, does this mean more news is imminent? On the back of recent news can’t believe they have not released an updated note. I believe this is a strong hint there’s more to come before an updated broker note is released. He has admitted to being silent before, due to being on the inside!

Morning NTD, yes I agree a strong share price run is due. I feel it will end up being a combination of news that does the trick. Quarterly news, followed by a broker note, followed by a cobalt and copper update! Cobalt being the very interesting one as I believe this could be the ace up our sleeve and really add to the bottom line. We start meaningful production in just 4 week ( approx). Couple the cobalt, copper and PGM updates and this could easily hit mid thirties by end of year. This has to be driven by Jubilee with regular updates, get the pen out Leon! I’m also hopeful of more deals in Zambia, don’t think we’re any where near finished there! Plus Leon has indicated more business in Eastern Limb. So much news flow to come, that share price run is coming, ridiculously cheap at this price, for such a profitable company, about to dramatically upscale profits!!

Sumo, there are potentially a lot of triggers here! Personally I am hoping for a quarterly report, highlighting the performance of the expanded Inyoni plant and new chrome plant. Without the Windsor costs, the numbers could be surprisingly good. A recovery in PGMs, particularly Rhodium which seems to be on the up. An updated broker note could set the pulses racing, taking into account the new increased copper and cobalt production, combined with the new improved Inyoni.I think the wider market has not got to grips with the copper and cobalt potential here at all! More details of the new improved time line would be most welcome, especially the elephants. Is there now plans to fast forward the elephants. Is chrome now making a note worthy contribution to the bottom line, with the recent increases in prices and substantial increase in production. Timeline and agreed deal for Cyprus. More deals in Zambia, update on expanding Sable. News of expansion into the Eastern limb. Maybe news on Tjate! The reality of this situation leads me to believe most if not all of this is simmering away under the surface and is ready to boil over! Positive and regular news flow is now needed and this will explode.

Rhodium forecast at $20,000 shortly and $25,000 in 12 months! Certainly bouncing well and fast off the lows of $11,250! https://tradingeconomics.com/commodity/rhodium

Shorn- the Americans agreeing their infrastructure bill and rebuild plan be a great start. Would get sentiment racing!

The Fed have signalled QE tapering likely to begin in November. The markets reacted very well to this news last week, almost a sigh of relief that monkey has gone and that the economy is strong enough to cope with this. But the reality is, tapering is very small and economies are still supercharged on lose monetary policy. It will take a lot of tapering. Whilst inflation is a major concern, I get the feeling governments are happy to accept this against possibly derailing any recovery. You almost get the feeling controlled inflation is almost welcome to water down government borrowings. Whilst inflation is present I believe commodities are a good bet and generally benefit from inflation. This view supports holding Jubilee, but I believe even further that Jubilee are well placed to over achieve because not only are they in commodities, but they are heavily exposed to the green revolution that is fast becoming supercharged with governments starting to pop steroids all over the world. The scene is set for Jubes to over achieve in my view.

The numbers in platinum are a lot tighter than people think! A really good watch or read, covers lots of areas! Pent up auto demand etc! https://m.miningweekly.com/article/platinum-demand-strengthening-wpic-2021-09-08

Jimi, with a bit of luck, the fundamentals might just be supporting that massive cup of ages! A recovering PGM market all going through our own plant, coupled with a copper and cobalt ramp up, might be just the ticket!

The price of cobalt is getting stronger and stronger! https://www.lme.com/en/Metals/EV/LME-Cobalt#Trading+day+summary
I am just wondering now, what is going to be our top earner? Will it be PGMs? Will it be copper? Will it be Cobalt? All credible candidates. We’ve gone from being a one trick pony to a three horse thoroughbred race in the November stakes! What a great position we are now in.

JLP, I think presented with the opportunity it would have been very difficult for Slater to resist. However, in the long run it is a fantastic testimony to the belief in Jubilee. If there is any smoke there, I think we will now see a very quick reversal in the share price as a consequence. Maybe Slater gave us all a chance to load up!

NTD- I’m still buzzing- only days before cobalt starts becoming reality! Would love a broker note now to put all this in perspective. What is fair value now? What are their forecasts? I can only imagine they are a world apart from the current share price!

Yes a great read, I have a copy too. Whilst he will have an eye for the short term, he’s all about long term investing. I’ve seen him force a management change when he wasn’t happy, rather than selling the company!

Further more very, very sticky hands!!

In my view, that is a resounding vote of confidence for Jubes. Slater have probably had a good chance to get quite close to the board and proceedings at Jubilee since taking their initial position.So much so they have roughly doubled their holding. Mark Slater is one of the top fund pickers of the current era, with an exemplary record. He doesn’t make mistakes!

No better example than the Covid crash, GoTo. The world came to a stop! Survival was in threat, yet the markets came back strongly within a few months!

https://www.google.co.uk/amp/s/www.gizchina.com/2021/09/20/semiconductor-shortage-will-end-by-mid-2022-according-to-analysts/amp/ I am reading the chip shortage is starting to ease and normality predicted for mid 22. At what point will markets price back in the resumed demand for PGMs. Jubes has been absorbing good news on the home front in lieu of a depressing macro! Is this about to change - I am hearing car orders are stacking up for the new year coupled with a considerable copper ramp up programme could make the first half of next year very exciting! It’s just a question of when the market start to price this in? Will the smart money be ahead of the curve? Or behind the curve?