Member Info for TopCatz

Good morning Tiger. Surely they would have raised more before Christmas. They were batting them away with shyty sticks ball all accounts and even with their track record they are not that daft. Hard to believe that there would be an equity raise to cover ongoing payments at this early stage. A raise for another project would never be out the question of course but I think they have enough on their plate for now.

Wash your mouth out Jaxon !! :) - Always a risk (reducing I would hope) with Jubilee. Fingers crossed that with the soaring metal prices that we won't be seeing another placing for a long long time if at all. We can only hope

That's the thing Moneyhawk. We've been in so long it's easy to forget how the the SP for Aim shares behave once a share is on a roll. It could suprise us all and the risk of cashing in too early is something to contend with ! (nice problem to have)

Very pleasing to see such strength in the SP. Constant buys and strong metal prices are really lifting this and I wouldn't be suprised if it starts gaining momentum. Could easily push through 5p and attack 6-7p on the way up to the results. This is the year

You would expect a good update but it's the forward looking statements that may reveal more, ie as before with Windsor and how much revenue it produced in September. That's the kind of info that we might be able to build our assumptions on. Plat still above $1000 (I'm still expecting a retest at $988/89 where I will go long on a spread bet) and palladium just relentless in it's rise.

You know Aim Kalan. Once JLP shakes it's legacy of 2 steps forward 2 steps backward (!) it will rocket and those pie in the sky figures banded about could easily be blown away.The journey is just starting and metals look like they are joining the party too. All adds to sentiment which is much needed to get the performance we are all looking for. Don't miss the boat after all these years

3.5 ! Blimey I missed that. Someone go mugged on a sale there by the sounds of it. 3.85 was were it was levelling. Well done

Afternoon Kalan

How are things. Are you back in ? - I know you were deliberating the other side of the year. We didn't reach 3.7p if I recall we weren't that far off

Even then we'll have to have a look at historical data on metal prices and to estimate an average and although there are a lot of estimates on the split of plat, palladium, rhodium, gold etc that will be specific to tailings too !

By the sound of it I think we need an update soon. Then we can pour over the figures and see where we are really going with this. Should be something over the next few weeks by all accounts Mogli. It's not an easy task but plenty far better qualified than me on here have been assessing for a eons !

Applying a % increase to our basked price isn't correct though Mogli. Every $1 increase in any metal is pure profit (before any share splits etc). The fixed costs are already accounted for. Increases in metal prices for miners are massive. I think the basket price is a bit higher too but very hard to work that one out. Nevertheless every dollar increase on platinum, palladium and rhodium etc is an extra $ revenue to JLP

Morning all.

Platinum breached 988/89 for the first time in years. A retest or two and it will kick on. Palladium at approaching $2200 and rhodium well over $7000. The fabled super cycle may be starting. JLP are coming on stream (more coincidence than planning i'm sure) at exactly the right time. Not sure when Chrome will start because I can't find any reliable spot prices on it so if anyone knows this info please share.

Regards to all

Hi Gameangler

I think somewhere in their results they reference chrome too at $135 a tonne. Might give us a handle on what may be coming our way

Logically speaking if someone had dumped over 1/2 a million quids worth of shares into the market the sp would have taken a dive so one would assume a buyer is about. Whether they are new or an existing ii we don't know at this stage but i'm sure it will come to light soon.

Approximately £632.000 worth of trades (5 in total) around 10.30am today. Looks like a big sell but hard to say as they may be buys that have been put together over a number of days. Would account for the rise and also holding pattern we are witnessing. Something brewing for next week imo

Hi Jonah

Hope you are well. Yes agreed. I m pretty sure his calcs where based on Inyoni only so not really applicable accross the board and yes not exponential in the true sense. Not much info out there on chrome but i'm willing to trust Leon on this purchase as they will undoubtedly know the value to Jubilee. I'm sure there are many that will be pouring over any updates forthcoming :)

Yes Moneyhawk. It's just a rough guide and i think based on Inyoni so not even applicable accross other projects. Revenue looks like it varies with metal prices to me, same as Windsor but i'm not sure and not as well researched as some. So we can't be exact but assuming no flat fee offtake agreed in advance (I think Leon is too clued up to fall for that at a low point in a commodities cycle) metal price increase stand to give us an exponential profit boost. At least at these levels due to costs remaining fixed and the product price increase. Very exciting

Any buy at these levels should reap astonishing rewards imo. There's a chap over on ADVFN who calculates the basket price, based on platinum 49%, palladium 40%, Rhodium 9%and gold 2%. He's been doing it for years so assume his figures are probably in the ball park on what we know. The basket price was in the region of $1185 this time this year. It's over $1900. That's $700 extra bottom line PROFIT without a finger lifted and where there is no profit share, ie INYONI, profit has probably more or less doubled without any extra throughput. Added to that it looks like we are only at the beginning of a super cycle. Palladium flying and rhodium up $1000 at one point yesterday. With so much material at Kabwe to process on top of everything else this year could surpass everyone s expectations. Good luck all

As i said they are very dangerous group
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Are you sure about that because they sound like grade A muppets to me pizzing away their lives

week = weak