Member Info for Mikiesunday

Nothing goes up in a straight line. It will be like this all the way up to £1 +. It is an ideal time to buy on the dips as people are realising their profits. Some people can only see a small gain and exit, some see the bigger picture and hang on longer , whilst others do a combination of both. It will be like this finding new highs on each cycle and news, until the institutions start buying on mass and then the volatility reduces dramatically. I feel with the progress Jubilee is making this will all happen at speed and institutions will be squabbling over these shares in 12-24 months. I personally will not take the risk of being out as news is due and comes frequently, along with some lovely new surprises.

Yes perfectly put Kaiser. I totally agree this a growth stock for the foreseeable future. Although Jubilee will be in a position to pay a dividend end 2022, I hope they dont and keep accumulating as you say. There is so much opportunity out there right now for Jubilee, I think your statement of Ftse 100 is achievable and at that point let the serious dividend paying begin, at the present Jubilee in my view is all about growth and accelerated growth at that. I feel the growth acceleration will only increase as well. This is Jubilee’s time.

Kaiser, great point and totally agreed, chrome is more valuable ( in production of pgm) than just the profit we get from it. However if chrome prices keep rising this could be another game changer in its own right and the prices are increasing. With so many game changers in play, it’s hard to know what game we’re playing . But one things for sure were the banker in every game. I feel there is a Brexit headwind around at the moment and can’t really see what impact Brext will really have on Jlp. If no deal we gain from the currency. If a deal increased demand should outweigh currency loss. All good in my book.

Leon did state, he was not open to a takeover, guess it would be hard to defend a hostile takeover as everybody has their price. But if everyone remains strong a decent price should be achieved if not desired. I am so bullish on JLP, the only real downside I can see here in the short to medium term is currency. The pound could potentially climb substantially. But I feel the extremely low share price at present in comparison to ( my ) expected profits of £60m this year , dwarfs any worries on that front or any other! Firmly expect a re rate to 25-30p by July to November, based purely on PE ratio. Then expect the institutions to start buying on bulk and the PE ratio could go anywhere! Thanks to the technically minded guys as there are some great posts coming out.

Great response, Sharky and Jammer, don’t forget the fine chrome IP that the industry seems to be in awe of.

That would be a great help, lol. Be interesting to see what happens at EUA? That will give a guide to how big the demand is for PGM’S.

Jammer, totally agree with you, there is definitely serious considerations being given to Tjate. The forecast shortage in the PGM space brings this totally into play. Leon is so smart, he will be actively working on how to capitalise this to the maximum. I really wish we could listen to that missing web cast again as clearly too much was said. My instincts at the time were telling me Leon is disclosing too much here, but my euphoria in the moment clouded my concentration. I got the feeling high level discussions were in place. If Leon has no plans of mining, surely the route forward would be to cash Tjate in and speed up Jubilees growth. Are we close to possible news here, I think the missing presentation confirms that. Is Tjate big news, yes extremely given current basket price and then on top of this,prices forecast at never seen levels! Would the mining sector give their hind teeth for Tjate now- yes they would. Will the green revolution need Tjate- yes it will. Can’t wait to see this play out, just wish we had the clues in the missing presentation. Something big developing on this front.

Hi Sharegar, yep completely see that- quite phenomenal how quick Jubilee move, from lightbulb in head to cash in back pocket!

Looked like a good buying opportunity this morning as a lot of people probably took short term gains without fully understanding what the opportunity is here and the growth expected over the next couple of years.

Great piece Sharegar, but I think Jubilee can get projects under way in months when they convert existing refineries. But your point is the main issue and world dominance is what’s at stake for Jubilee!what’s more , Leon wants to show the world Jubilee are the best.

Sorry SA, that should be 300M tons!

SA, there is lots of news due in the next 6-12 months. So much in fact makes this very exciting. Next news expected before year end is securing the next copper tailings pile expected to take the tally to well over 300 tons. How much over is the exciting part we don’t know yet? Shortly after that - the 6 monthly operational report, which will give the first indication to how much Jubilee have increased profits by. Possibly a tad over £30M for the half year, but we wait and see- so exciting and that’s news in just the next few weeks! Jubilee does love a little surprise, but I think they have well and truly delivered this Christmas.

Hi Jonah, maybe we should start calling Leon- Santa! Think this will be my best Christmas present!!

Looking forward to seeing how big the latest copper acquisition is that Leon referred to in his presentation. Should be announced before year end he said. I wonder how many more he has in the pipe line?

It’s great seeing long term holders rewarded here, but for any new holders this is just the start. Our thoroughbred green racing machine has just started. What we know is to come will be transforming. However what we don’t know is coming yet could be lift off! Knowing Leon there is a lot planned on that desk of his! Can’t wait to see this develop.

Great notes BB2. Particularly interesting to see Jubilee plan to promote the green issue next year. This is very important for Jubilee and really sets them apart from the mining industry. This factor alone will drive the PE rate way north of the sector as ESG funds pile in here for their own diversity. The big fund houses now are all developing sustainable funds and the sector is growing extremely fast. A PE ratio of 20-30 will be very achievable. I anticipate this happening around the 25-30p price region, when the institutions really pile in here, especially if this is universally acknowledged as an ESG pioneer in the mining environment.

Funki, you definitely have the right to feel a little smug as you have identified a company with true potential and are already sitting on a 6 bagger. You held solid through some very tricky times, with lots of shorters around doing their upmost best to ridicule this company. Now it would appear a very easy decision, this is heading to 20-25p quick smart and 40-50p in the 18-24 month range, with all the projects coming together that we all know about and the forecast earnings. But I have to say, after listening to Leon’s investor show presentation, he surprised me with another copper deal (expected before the end of year) so quick! With metal prices rising so quick, deals coming on board so quick and the company able to turn them into profits within months( unlike traditional miners that take years), the growth curve is almost vertical, which means the profits are growing vertically, which means the ability to finance new growth will be substantial. Leon then talks about new jurisdictions (wow). Is he hinting further about Australia especially after his comments in the no where to be “found “ presentation. Is this much closer than we think, as the surprises keep arriving. How many surprises will there be next year? On top of all the projects underway! I say to myself how far can Leon take Jubilee and how quick? It’s incredible how far he has already come and how quick with no funds no profits, no track record and a very tarnished company. He appears to me to be a man in complete control, relishing every minute and perhaps we are just about to witness something very special. I have a £1 per share valuation target for 4 years, but after listening to that last presentation and the missing one, this could in fact be something very special developing in front of us and a multiple £ valuation is very achievable with Leon’s hunger, Jubilee’s technical ability, the need to clean our environment and produce green energy. Growth has been supercharged and there is no signs of it stopping. At this rate I’m wondering how many £’s this could be in 4/5 years. I feel this is going to be a very enjoyable ride. Even all the shorters seem to be disappearing,!

Agreed B21, but Jubilee will be starting to get on their radars and due diligence will have started, but the floods will come later with a greater market cap and proven stability.

This was powered by 467 share trades ( I remember the days when it was between 0 and 5), the herd is starting to arrive and will power this up to 20-25p at which point I believe the II will pile in and drive the biggest gains whilst the herd move on.

Nick-that frown will soon be turned upside down!!! Hopefully as a New Year present.