Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
https://www.moneyweb.co.za/mineweb/copper-market-facing-shortages-says-barrick-ceo-saudi-update/
Jolly, great to see some real S.A. slang on this BB...pretty fitting imo...Personally I think a lot of buying is going on, low volumes with no significant price drop and/or a new deal at this level...time will tell!
I think this might have relevance to the poor share price and trading.
https://sundayworld.co.za/news/south-africa/presidential-hopeful-mathews-phosa-sued-by-bank-for-arrears-on-his-bentley/
Any thoughts guys?
I was looking through the notice of the AGM...Can anyone explain, in laymans terms, what the gist of resolution 5 is?
And is it a new point to vote on or just standard procedure every year.
Excuse my ignorance:
"The share capital of the Company is divided into an unlimited number of ordinary shares of £ 0.01 each."
Please explain, normally companies have issued and unissued shares in their capital structure. I am assuming correctly here, jubilee can continue raising share capital forever?
https://www.moneyweb.co.za/news/africa/zambia-suffers-second-big-power-outage-in-a-month/
https://www.moneyweb.co.za/mineweb/the-great-copper-squeeze-isnt-over-yet/
Not sure if anyone has picked this up, interesting read!
https://www.engineeringnews.co.za/article/south-african-needs-to-ramp-up-critical-minerals-exploration-as-world-decarbonises---study-2021-10-13
How will these figures relate to JBL's profits?
27/5/2021 : Tharisa interims"The average PGM basket price for the period was $2,823/oz compared to $1,612/oz in the previous interim period. However, the spot price for the basket is $3,900/oz, suggesting major upside is to come.
Tharisa pays a minimum 15% of net profit after tax. The payout for the interim was about 14% but Pouroulis said this would be topped up, and perhaps even bettered.
As far as I know we sell it?? https://www.moneyweb.co.za/mineweb/an-acid-squeeze-is-the-latest-obstacle-facing-giant-copper-mines/
Hi guys, Firstly well done t the guru's out there! Your fundamentals and projections are spot on in my book...I thank you once again! I am starting to see nice profitability showing in portfolio and have you guys to thank for forcing me to control my patients. Now the question I have is: It was picked up immediately that Colin had overstated jubes tailings. 500mt and not 300mt if I have this correct. Now how much is available in Cyprus? Do you think he has added in Cyprus already or do the numbers not add up.
And this:
https://www.mining.com/copper-price-scales-9000-after-goldman-calls-it-the-new-oil/
For you Arry: Please read this and sell up. I need some more shares. Thanks.
https://www.mining.com/goldman-doubles-down-record-high-copper-price-within-a-year/
This might be a pie in the sky...Just a thought on contrarian thinking. It might have plausibility.
We all as buyers want the best (lowest) possible price and conversely when selling. And if we know of a bargain around the corner we are very hush to mention it to all and sundry. My thought are that some really big guys are putting some serious orders in, and the brokers have to make the sales. So they down play and use all the trading tricks to bring down the price to fill orders and thus remove the weaker short term traders. Once the orders are filled then they do the opposite i.e ramping etc. I believe, with the help of you knowledgeable posters doing the fundamentals here, this will be all forgotten about in the next three months and the share price will be reaching our targets! P.S. Not sure who mentioned this but "Impatient money goes to the patient" Awesome brother, love it!
Does Jubilee mine Iridium? How much, if I have missed it.
Yup I go with you on this JLP. It is scary to see a retraction in you portfolio value and your mind starts to see all these horrible fears but its only a short term issue in the bigger long term hold. To trade the drop is also fearful as mistiming it also can cost you. As I have experienced on the last retraction, cost me 10% of the total shares I now own. Luckily pigheaded me jumped in again. I now firmly believe the best option is to take the long term hold strategy, as you say and I agree. If all fundamentals and market conditions are positive for Jubilee then more and more investors will come. We just have to wait for them. But hell its boring! And also to use a little contrarian thinking: When buying something we all want it for the lowest price and conversely when selling, so this sideways to down retraction might be some big buying pressure!
Not sure if this is relevant:19 March 2021
Merafe Ferrochrome "Shareholders of the Company are advised that the European benchmark ferrochrome price for the
second quarter of 2021 has been settled at 156 US cents per pound, a 32.8% increase from the first
quarter of 2021."
I am very interested to see your comments! P.S. Thanks to all for the mountain of knowledge kindly donated to this forum, much appreciated! I am learning a lot!