Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
Agree TheWeeble, still time today though :-p i/ we need to gauge what's been the cause for Hernic lower pgms(hope its down to feed rate only) and most importantly, exactly where we are with Fine Chrome performance. Would be nice to see a webcast in May? after the quarterlies. p.s. JSE closes earlier at 3pm today.
PS. Q1 Update tomorrow (Wed 24th)??? - containing news of the Build of a large FC Plant at JMs own PlatCro (2X - 3X the Processing capacity of DCM FC??)
Ummmmm, that would warrant a dose(or two) of em blue label ;-p now, where did i put em cabinet keys.........LOL :-)
Hi MinorMiner, i have posted before, but Leon did mention on webcast 23 August from 29.30min on....... IMO i view it as a positive as long as there is a toll processing/off take agreement, SHOULD = more earings for us(Jubilee)
a happy easter to all :-) looking forward to next week, gona be informative.......
Hopefully we will get some clarification with next webcast. Would be nice if we got one(webcast) to too long after Quarterlies.....
Eagerly awaiting these..... should be significant growth in earnings based on my own rough calculations. Hernic jan+feb(1.1m GBP) with march(in which early march was load shedding at its worst) aprox. 600k = 1.7m Platcro jan+feb(0.9m GBP) with march aprox. 500k = 1.4m. Total Q1 3.1m GBP to Q4 2.17m we're looking at 40+% growth in earnings :-) without factoring in dcm chrome/fine chrome, which would be a Wild guess, but to which I'm personally very optimistic and looking most forward too.... nice to see stochastic back in range. All in my own opinion and as always DYOR GLA
Yip TBTT, our time(aim) shall come too, patience just needed..... Have a great week all :-)
JBL closed @ 56c on over 2m volume..... good volume of shares for SA market.... market cap just over 1Billion zar, on our way to "midacap" ;-p
fully agree TopCatz, price rising nicely :-) personally looking for a strong close above 2.93 in the near term and we SHOULD be off to the mid 3s next....
Could yesterdays nice rise be down to copper/cobalt deal?, was mentioned yet again on second last page of JM presentation "New Copper and Cobalt Waste Recovery Approach". Glencore(which we now have a relationship with) have a significant copper/cobalt footprint in Kitwe area, Mopani(of which First Quantum has a stake, and Colin mentioned First Quantum in last webcast)and interestingly where JM chose laboratory to be, is based. All IMHO of course...... but a deal with a major like Glencore would be transformational for JM
POSITIVE VIBES.... :-) GLA
Thanks moneyhawk, thats was my line of thinking. IMO, IF so, add in POSSIBLY "toll proccessing fee" for star zinc etc. and JM looking all the better. Perhaps a question for the investor show, or next webcast? Have a great weekend all....
Am i correct in that at Sable we should earn a refinery income solely to JM from Kabwe material? similar to Eland from Platcro pgm agreement, or would Sable form part of Kabwe project as a whole?
sorry for RNS post, hadn't seen earlier posts, little slow today :-) Happy with with Miton group adding here, hope we get another, or more tr1 soon and see who else took a position.... Now where did i leave em memory pills :-p GLA
Change in shareholding
Hi Jonah58. IMHO i dont think it"ll be economical to transport DCM(burgersfort area) material to Eland(brits area) as its around 380 km(240 miles) by road. perhaps by rail? Also interestingly from RNS copper and cobalt getting a mention again "to diversify across multiple commodities and in different countries including platinum, chrome, cobalt, copper, zinc, lead, vanadium and gold to hedge income risk and align with global trends"
Fully agree 34DegSth. Once we see what DCM FC yields are currently being achieved?(hopefully next month). FC when rolled out to Hernic and Platcro has the potential to contribute some nice earnings....
Colin on DCM fine chrome "i am pleased to announce that during march 2019 the plant has reached commercial production achieving forecast recovery and concentrate grade". Fine chrome looking very positive then.... Would be something if for Hernic fine chrome we're able to renegotiate Hernic pgm's profit split, and/or get a better profit share overall :-) Nice RNS....
Spot on 34DegSth, did send email asking if they could update? Also on Sable, on our ability/capacity to generate income from processing/refining second party material?, star zinc etc(further earnings stream?) Will let all know when/if get reply. Also nice to see "load shedding"(power rationing) in S.A. getting better.... :-)
Shard capital brokers notes up on jubilee metals website....worth a read :-)