Member Info for Mikiesunday

Foxy- I think if you do you research the last time the chart and circumstances were like this Jubes went from circa 3p to circa 20p in very short order! With copper production in just a few weeks about to escalate dramatically ( and cobalt!) I am expecting a similar increase in the share price! With the added boost soon of a recovery in PGMs further increasing the share price. Have you seen the price of cobalt and we’ve got hundreds of tons of it just laying around!! Have you seen the forecast for copper! Anyone mentioned the hydrogen revolution to you! Jubilee is as gilt edged as you can get in my books!!

Evening Shiner, I think it is very lucky for Caerus , Leon has been so busy in Zambia. I feel when Leon really turns his attention to Cyprus, he will harness all their assets for very little! He has a habit of getting his feet under the table and then cleaning up. He is becoming an incredible business man. In the second quarter next year we are going to see phenomenal production and if PGM’S start to recover, which by then I fully expect them to, the numbers are going to substantial! All a result of Leon’s deal making. Very low cost production at Inyoni 100% owned by Jubes and Roan again 100% Jubes! Kabwe has ended up in Jubes control as well. Leon is on a roll and I can see him gobbling up Cyprus when it suits him. In the meantime I don’t think he’s finished in Zambia, I feel there is a lot more to come from there and the balance sheet may be fairly swollen at the moment making him very hungry!

Yes, that’s my assumption Mogli, except the costs are now$4,500. But I think the big factor coming through to me was control. The expected production has leaped forward. Very shrewd business in my book and the cobalt numbers way beyond my expectations. WHI led me to believe they were very low! Think they were touting 0.01%! Mind you even that grade is worth having!

Furthermore this is based on a notional 50M tonnes, but we know there are around 400M in total! There is something special happening here!

Shiner, great to see you back, have missed your posts! Cobalt is changing everything! I have notionally assumed TD52 is 50M tonnes! We know the copper is 0.7% grade, giving a notional 350k tonnes at $5,000 gives operational profits of $ 1.75B. The cobalt grade is 0.08% giving a notional 40k tonnes. Allowing $4k for production and a cobalt price of $51,000 gives operational profits of $1.88B. So if TD52 is anywhere near 50M tonnes the gross operational earnings will be in the region of $3.63 billion dollars! This is only a fraction of the tailings Jubes has accumulated, yes there is a small pay away assuming we now own 80%. But when you look at the amounts involved in just a small proportion of the total tailings, £30M is neither here or there! This is monumental for Jubes. If Jubes could process all this in 20 years that’s equivalent to $181M per year! Please note, this is just a small proportion of Jubes tailings and is based on TD 52 comprising of 50M tonnes( guess). These are game changing numbers!

Hey guys, to put all this into perspective, does anyone know how big TD52 is. We know the copper grade is 0.7% and the cobalt grade is 0.08%. It will not take long to work out how many billions of pounds sitting in that one dump! Just need to know the size? How many billions??

BB2- you are spot on. Plus this is stated in the RNS. Earnings have been substantially bought forward. Really looking forward to a broker note to see the effect of this. Going to have a massive effect, However the real winner for me is Cobalt. At around $51,000 per tonne, the impact on earnings has been completely under estimated by everyone. By their own admission WHI gave no real credit to cobalt. This is a massive game changer in its own right and Leon has secured loads of it.

Crikey, that was quick. Think WHI made the insti’s form an orderly queue! They had no issues getting that filled! Note they didn’t need of the cost of having this underwritten. RNS indicates surplus funds will be used for the expansion of Sable as well. I’m also expecting more copper deals! Leon is no where near finished in Zambia! I’ve read the section regarding Sable several times and it states Roan (10,000 tonnes production) will be at full tilt first quarter next year! That seems way ahead of schedule to me, but very happy either way!

Morning Sharky- I believe Colin has taken one for the team here. They knew the placing was coming and couldn’t miss on this opportunity. If they didn’t rule out the placing the share price could have collapsed! If it collapsed the placing would have been painful, but at 16p it’s not like the 2p days! The benefits here are off the scale. The cobalt potential is beyond my wildest dream! Colin has put the company over his personal reputation- thank you Colin, I know your one very smart cookie. This comment will not fall well with many, but he’s pulled a blinder!

Just had a quick read of RNS, need to read thoroughly. Initially fell to the floor, totally disappointed, but changed my mind considerably as progressed through the read. Cobalt production will be massive, maybe upwards of $200M a year. Also are they targeting 10,000 tonne production at sable in Jan. 0.7% grade copper on circa 120m tailings! The £30M fades into insignificance in my view. Think there is still a lot more to come in Zambia. Leon has told us about a loan facility many times. Watch this space! Share price will drop to 16p- always has dropped to placing price! I believe once placing is complete share price will accelerate! What a buying opportunity this is!

Yes that was my understanding BB2, with Jubilee to process the ROM material when available, extending the years in operation. Think Caerus are looking to the tails for an almost instant fix to their income needs.

Sounds really promising for more copper production. Think everyone here would appreciate the opportunity of gold being added to the stable as well even if only relatively small production. What would you give for the quality reporting at Caerus to be employed at Jubes! The share price would be much higher and perhaps where it deserves to be! Whilst we are in an extreme bear market for PGMS ( which is only forecast for the short term as the motor industry recovers from the chip shortage) there are so many good news stories at Jubes that could be told! What’s happening at the brand new 80 tonne chrome plant? What’s happening at the wonderfully expanded plant at Inyoni? How much have Costa reduced? How’s the new Rhodium rich feed performing? How is production of copper performing with the third party agreements? Updates on new copper facilities? What is happening to the Zinc production set for commissioning this quarter? Maybe even an update on Tjate plans. An insight to the break through in copper production etc, etc ! Soon PGMS will be back in vogue and news won’t be so important, but when your sitting on so much news Leon, deliver it- hopefully a surprise quarterly update in a few weeks time. Firstly a recovery in car production and then hydrogen technology to become a market force will drive the price of PGMS through the roof! Use this imperfect storm as the opportunity of a lifetime to load up here as this share is going through the roof soon! Massive copper production in tandem with extremely cost efficient PGM production plus all the other sideshows! Don’t miss this window as it will soon be the rear view window!!

Thanks Charles, with such a good grade, would make a very valuable addition to its neighbours.

A little excitement on a Sunday evening at least!

Nice to see you post, Jubes needs as much support as possible to get the message out there! There is certainly no smoke without fire here!

Mr T, it would appear something is afoot hear!! How exciting!! Leon and Colin did tell us last year, it was time they did something with Tjate! 5.98 g per tonne seems very good to me? Can someone who understands grades comment on this?

Google Tjate Platinum Mine.

https://jubileemetalsgroup.com/investors/rns/update-on-drilling-programme-at-the-tjate-project/ Anyone looked on google searching Tjate and it is stating there is a RNS dated the 11th August 2021. Referring to the drilling programme. The RNS link is broken! Have I missed something? Is there action at Tjate? I have attached the link but goes nowhere! Tjate has been too quiet for too long!

Morning Frog- you are right- a bad choice of words!

Zambia targeting 2M tonnes of copper per year. I wonder how many of them will be accounted for by Jubes? https://von.gov.ng/2021/09/10/zambian-president-says-new-government-will-implement-policies-to-restore-economic-growth/