Member Info for Mikiesunday

Yep, reasonable volume today, with lots of buys. Good churn setting the scene for the next leg up. Anticipation will increase shortly, putting some upward pressure on share price in lieu of 6 monthly report. Then we all get to do some proper number crunching, which I believe may render some of the higher forecasts looking a little inadequate!

Sum, this won’t effect the underlying earnings, but may be an issue down the road. Obviously lots of value there and would be a real shame if it cannot be utilised. It will not affect projected earnings as I don’t think many have factored it in yet. I believe there is around $100 m in value there and if processed would significantly add to bottom line and earnings. It must have some value in the accounts somewhere, so could cause an adjustment at some stage. Hopefully get more news in the 6 monthly report, but I like to think we have the rights over them and it is just delayed access, but I am forever the optimist. Either way long term ( 24 months) I feel it would be lost in the grand scheme of things.

Totally agree with you Shorn, accelerated growth spurts will come fairly regularly as well with new projects being added ( Jubes and Leon are very ambitious with cash flow soon allowing accelerated growth) existing project updates, 6 monthly updates and normal accounting periods. The bigger picture suggests we are entering the perfect, perfect , perfect storm at just the right time! This decade is going to be all about the environment IMO and there is no better metal producer to service that need than Jubes. Covid has just exasperating this. Jubes definitely shouldn’t be a miner, it doesn’t take a lot of exploration to find their multi million ton mountains, just follow the trails of pollution. This will soon lead to Jubes PE rate outperforming the mining sector as the market recognises Jubes is truly individual. Plus with first mover advantage and as Sharky says it is going to be very difficult to replicate us with the Technology involved in our IP! We have a very bright future indeed, with governments and companies now seeking out Jubes and their abilities, this share is on fast track to the £1 land! I make you spot on Shorn.

Thanks Sharky, seems like your Mrs is as wise as you. I feel 18 months will see some substantial growth, factoring in the full value of current PGM and chrome production plus part of the copper production. However I can see the same dilemma in 18 months. Add in another 4 or 5 projects and will we be saying hang in for another 18 months for the expected growth!

With Platinum forecast to increase by 35-50 percent this year and 80 percent by 2022. https://www.google.co.uk/amp/s/investinghaven.com/forecasts/platinum-price-forecast/amp/. The basket price will increase substantially with platinum representing nearly half the basket. With any increase going straight to the bottom line having a disproportionately high increase on profits! All forecasts for Jub could be rendered completely inadequate and woefully undervalued in the very near term. The bigger picture probably supports even more growth for platinum with Americas new green plan and planned expenditure of 1.7TN. Now becoming a reality. Europe already pledging 1TN to their green deal, the scramble for metals is just hearing the starting gun. With the revolution going to 2050 this could be a very long and profitable journey ending in early retirement for many.

Bidens latest green video can be found by googling Joe Biden green new deal, which states expenditure plans of 1.7 TN to achieve clean air! Wow - metals are going to lift off now Biden has the potential control to get this through! Take off! What will Tjate be worth? What will the basket price be this time next year? Not enough metals to go round now! Where is America going to get the metals from? We haven’t seen anything yet with metal prices!

https://joebiden.com/9-key-elements-of-joe-bidens-plan-for-a-clean-energy-revolution/. It looks like Biden is about to light the green touch paper. Green metals are already in deficit. Looks like the wildest of metal predictions are set to come into play with America leading the world down the green rd. imagine the bottom line here if metal prices near on double! Entirely feasible. There is lots more info of spending plans and videos on joebiden.com.

Cannacord reducing their holding by around 1percent. Would think this is a straight forward rebalancing of their fund as the weighting would have changed considerably in last few months.

Hi 3CB, I certainly don’t want to stifle debate and in fact feel it was others trying to stifle me. Got to laugh ( made me chuckle quite a bit) my character has been assessed as an unbalanced , insecure football hooligan!! I am only guilty of being extremely positive about Jubilee. Shall we take this as a point to move on and get back to Jubilee. Yes

Fair point Jonah, but can they be forward sold? Also I’ve generally found on announcement this causes a share price drag.

I wonder how many traders had their noses put out of joint yesterday. An RNS greeted everyone in the morning to say circa 20M warrants exercised. The share opened down and started to decline. How many of those who like to trade saw this as a dump and buy back opportunity? A mini shorting exercise! Only to find the very slight pullback was well and truest bought into and the share price closed almost flat considering 20M shares were dumped onto the market. How many got burnt yesterday? The moral of this story highlights Jub’s is a totally different company now, with a completely different outlook as highlighted by the excellent charts and forecast loaded by L2 just previous to this. Jub’s needs highlighting to the world now and if you are excited and optimistic about Jub’s future I implore you to post and express your feelings. Do not be put off by the classroom bullies!

Just noticed copper has clipped $8,000 dollars. Jub’s is going to need to order some much bigger calculators! Metals appear to be starting the dreamy super cycle- how high can they go- how much money can Jub’s make? Hope they ordered in lots of wheel barrows!

JLP- with recent volume that will be very temporary. Rather clear them out now, before the 6 monthly update. It will be good when all the warrants are gone. Probably not that many left. I feel this will be the last 7-14 days around this price level, before the next massive leg up upon the issue of the 6 monthly update highlighting massive up tick in profits. Hopefully get substantial updates on Kabwe, Roan and DCM as well. The moral of the story- your last chance saloon to buy around this price. Facts will dictate 12-13p range will be a dim distant image in the rear view mirror very shortly! Fill your boots!

https://www.metalsdaily.com/live-prices/pgms/

Metals daily quoting $19,000 for Rhodium. This is rapidly increasing the basket price and showing no signs of stopping! If this carries on at this rate for another month or so all predictions for year end will be blown out of the water! Even the most optimistic ones!

LUFC, I assumed that was being integrated with and extending life of Elephant.

Just listened to presentation again and at the end Leon refers to a third project after Roan and Elephant but doesn’t expand any further? Anyone got any ideas?

Metals are going nuts, palladium over $2,500 and Platinum over $1100 as well. Basket price must be bursting!! Ker ching ker ching! Quarters 3 and 4 could dwarf 1 and 2 at this rate and were all getting excited about 1 and 2! Copper up as well!

Great research Sharky, think my forecast of 90M earnings for full year, may now be a tad light. Chrome may play a much bigger supporting role under the scales of economy suggested by Leon and if copper ramps up expediently, metal prices keep rising, maybe possible to clip 100M earnings. Now that would really be something special. Of course metal prices could drop, but more likely to rise as forecast. Have seen forecasts for Rhodium up to $30k. It’s enough to make you giddy!

I feel all our products may go for a premium. They will help the sustainability cause all the way to the end user.