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https://www.lse.co.uk/rns/JLP/jubilee-secures-institutional-financing-37s9kl7w97ychxa.html

Here is the RNS with the 6.12p warrants. If these are all exercised, then at least JLP will have around £3m more in the coffers for the remaining warrants. Might be a bit of short term pain on the share price until they are all exercised but, the lower the share price goes, the less Miton and Co will make on their resale. The share price must be near an inflexion point where the balance of these warrants can be rinsed through fairly quickly.

Do you think that was meant to say 30,000 tonnes of cobalt? Seems odd to mention copper twice.

https://www.thisismoney.co.uk/money/investing/article-11251111/SMALL-CAP-SHARE-IDEAS-Jubilee-Metals.html

https://t.co/j1U1NDo4sf

That might do it!

It's on directors talk

https://www.***************************/jubilee-metals-delivering-on-investments-and-ramping-up-production-video/4121080465

Haven't had chance to what it yet though!

I see that the Shareholdings page has been updated on the JLP website on 15 July.
Looks like FIL Investments International have added around 70m shares since the previous figures in mid June. They must have been responsible for the large transactions we have seen over the last few weeks.
Acam still holding strong too.

Let's have a look at a couple of his investments and compare:
JLP - year high is 19.75p - now 14.7p
GGP - year high is 22.75p - now 9.70p
EUA - year high 39p - now 7p
JLP is holding up because of earnings growing substantially more as we speak.

That's come out of the blue. Wonder if he's going to be our new man?

https://www.thisismoney.co.uk/money/investing/article-10770319/MIDAS-SHARE-TIPS-Clean-investing-Jubilee-Metals.html

I think people are over thinking the number of shares in issue.

I first invested in JLP in February 2018 (when I could see that BMR had basically gifted Kabwe to JLP!). There were 1.3m shares in circulation at that point. I paid 3p for them. I have been adding ever since and still have an average of 3p. There are now twice as many shares but the price has rocketed to where we are today. Actually, a lot of those shares have found their way into sticky hands so the market isn't flush with a couple of billion shares just sloshing around.

So, no, as far as I am concerned, issuing shares is not necessarily a bad thing.

Not sure why anyone invested here has reason to be downbeat about the share price and this company. It is only just starting to get going. For the minority that might have made their first purchase above 20p when PGM prices were flying, don't panic we will be back to those levels as copper ramps up.

If JLP need the retail investors on board to get this vote through then they will either need to give us some decent update before the meeting to get the share price a lot higher than 16p. I would much prefer dilution at 20p rather than 16p, for example, even if it is value accretive.

Having said that, Slater & others are going to have a large say in whether this resolution gets through or not, and they will be much better informed of the reasons for this resolution than the RI.

As Slater funded JLP for £24m at 16p, if he's happy with the proposals, then I probably would be as well as he has a far greater skin in the game than anyone else.

When the ACAM funding was announced in March 2019, copper was trundling along at $3/lb. There was no covid at that point so the recent green movement hadn't yet started. Basically, there was no real Appetite for copper at the time.

Move forward three years and it is a completely different picture. Copper is in large demand and the price touched $5/lb earlier this week. Try purchasing a copper refinery and hundreds of millions of tons of tailings today and you would have to pay a far higher price for it.

So, it might be seen to be an expensive form of lending now but it has kickstarted a massive new phase in this company which they would not have otherwise had if they had grown organically. It was a gamble by both JLP and ACAM and it has paid off handsomely for both parties.

No Excuse - statements from the audited results which show the timeliness of the expansion at Inyoni:

During February 2021, Jubilee commenced with the capitalisation and expansion of the 50 000 tonnes per month Inyoni PGM plant to a 75 000 tonnes per month processing facility. This formed part of the refocusing of the Inyoni Operation to a third-party processing facility for a variety of clients;

Achieved stated target of 50 162 PGM5 ounces for FY2021 (up 23% compared with 40 743 ounces for FY2020); this was achieved during a period which included the construction and commissioning of two new chrome beneficiation facilities and the commencement of the construction of the expanded and refocused Inyoni PGM operation

The expansion project of Inyoni PGM operations including an extended recovery circuit to target a variety of feed materials, was completed during October 2021

So, there is an overlap between the two financial years for the upgrade and we've had a 75,000tpm facility since October rather than 50,000tpm

https://www.investegate.co.uk/caerus-mineral-res.--cmrs-/rns/acquisition-of-cyprus-gold-mines-ltd/202106280700122352D/

"We continue to maintain our policy of only acquiring licences of merit, preferably with a mining history and clear evidence of mineable surface materials and scope for further hard rock resource expansion. We, therefore, approach resource development safe in the knowledge that host rocks are conducive to epithermal gold and VMS Cu-Au deposition and that we have additional mineralised surface material likely to meet the entry requirements defined within the Jubilee Metals Group Option Agreement in the coming months"

A familiar pattern to my purchases but mine started three years ago, so my average is under 3p :-)
https://www.lse.co.uk/blogs/expert/jubilee-metals.html

https://jubileemetalsgroup.com/broker-notes/

Why couldn't they just disclose who the two blue chip companies were? We'll find out soon enough anyway, so why the secrecy? Most other AIM companies would be shouting the names from the rooftops in the RNS.

I bought some the other day solely based on the breakdown of the shares prices of their investments from their last quarterly release on 9 October. If you compare the prices with today's prices, eg JLP and GLR, those have more than doubled since then

January's update should make for good reading.

https://www.proactiveinvestors.co.uk/companies/news/932826/today-s-market-view---arc-minerals-solgold-vast-resources-and-others-932826.html