Tom Winnifrith Bonus Bearcast: can anyone interpret my new nightmare, a Saint (Vin) and a sinner (Lucian) and his toxic 4
Jubilee Metals (JLP) has been stressing how profitable it will be this year and how next year it will be so profitable that it could pay a dividend. Obviously with Colin Bird as chairman talk of profitability and dividends can only mean one thing. Yes….its another placing! Knock me down with a feather. But this one begs two big sets of questions:
Following a strong upwards move, platinum group metals have taken a bit of a dip recently but are still at levels that should generate plenty of free cash flow for producers, and the share price weakness that some of those have shown the past couple of weeks could present a buying opportunity.
I will not advise others to buy shares in Jubilee Metals (JLP) while penny share huckster Colin Bird remains chairman and there are institutions who want to buy but will not do so until we are given a timeline for the exit of a man who sold all his shares, into a ramp, at 13p earlier this year. But, as a loyal shareholder, I am not selling at today’s 17.6p (although I paid sub 4p) after a Zambia copper update which was everything I could have asked for and more. These shares could be 40p+ by some stage in 2022 if Bird does the decent thing and walks. So why the excitement?
We may previously have given the impression that old Harrovian Zak Mir was born with a silver spoon in his mouth and was a bit of an intellectual lightweight if not an outright poltroon who could not analyse his way out of a paper bag and was also semi-literate. Moreover, we may have suggested that his analysis of certain frauds such as Supply@ME Capital (SYME) and obscenely overvalued promotes such as Remote Monitored Systems (RMS) might in some way be coloured by the fact that a company he works for, LSE ShareTalk, generates revenue from promoting such rubbish. If so, now is the time to apologise to Mr Mir, aka the Sith Lord.
Which PR moron is advising Colin Bird and Leon Coetzer at Jubilee Metals (JLP), a company where I am, of course, a loyal shareholder. Because whoever it is should be fired on the spot. Today there is news which had me screaming at my PC, “Oh just fuck off Colin.” The sooner the old huckster retires, the better. Today’s spivery and assumption that we are all stupid really is the final straw.
As a still loyal shareholder in Jubilee Metals (JLP), notwithstanding its penny share spiv Chairman, I take a keen interest in PGM prices where, my instinct, is that the outlook is very bright indeed. It is something I shall be chatting to Ross Norman about on video next week. Anyhow, in that context I thought you might enjoy this detailed note on PGM & Lithium prices from broker Fox Davies.
A “Support from Blue Chip Institutional Investors”-titled announcement from Jubilee Metals (JLP) is actually a disappointing lack of support from directors. This is with investment by the institutional investors ‘facilitated’ not only by a partial conversion of the convertible loan note held by ACAM LP, which facilitated the acquisition of the Sable Refinery in 2019, but also by director share sales...
We tipped Jubilee Metals (JLP) at a 4.6p offer in July 2020. Ding Dong! As we approach Christmas the shares are circa 11p, making we loyal investors pretty happy. But do not even think of selling. Here’s why:
Metals processing group Jubilee Metals (JLP) “is pleased to announce its audited results for the year ended 30 June 2020” and that “post the period under review… PGM and chrome operations delivered record quarterly operational earnings of £15.17 million”...
Jubilee Metals (JLP) “is pleased to announce that it has successfully concluded further copper tailings transactions to secure the rights to an additional approximately 115 million tonnes of copper and cobalt containing surface tailings in Zambia”...
Jubilee Metals (JLP) “is pleased… the company has received notification from the Minister of Mines and Mineral Development in Zambia of the approval of the company's application for the renewal of Small Scale Mining Licence 7081-HQ-SML in Kabwe… and… appointment of Nicholas (Nick) Taylor as non-executive director”...
Jubilee Metals (JLP) has announced an ore supply and processing agreement which “not only significantly extends the life of the existing PGM resource but also offers the potential for Jubilee to significantly expand its Inyoni Operations”...
A “Chrome Operations Update” from Jubilee Metals (JLP) including of “a third party Run-Of-Mine chrome ore offtake agreement that fully commits its Windsor chrome beneficiation plant for the next three years, with an option for this to be extended further” and “entered into a joint venture agreement with a privately held South African company to secure the rights to a further 35 000 tonnes per month chrome processing capacity”...
A “Further Copper Tailings Resource Secured in Zambia” announcement from Jubilee Metals (JLP), with it emphasising this looking “to deliver copper units well in advance of Jubilee's previously announced copper transaction in Zambia and is significant step towards achieving Jubilee's stated goal of 25 000 tonnes per annum of copper production”...
Jubilee Metals (JLP), an AIM and Altx traded metals processing company, has recently followed a “pleased to announce” six month operations update with a compelling presentation at MineProphets and at a current 4.6p offer price...
Well I never. Colin Bird was omnipresent at the show but for Jubilee Metals (JLP) he handed over to his able CEO Leon Coetzer.
Shares in the former Jubilee Platinum, now Jubilee Metals Group (JLP) have recently been on the slide – and this including after a recent Operations Update…
Jubilee Platinum (JLP) last week announced a $50 million funding package to grow its metals recovery business. Oh no Riverfort! Said the snipers. Death spirals, yak, yak, yak. They have it wrong. This deal is, if you read the detail, good news.
Shares in Jubilee Platinum (JLP) have taken a bit of a battering in recent months, but I can still see plenty of upside here on any sort of positive reversal in platinum prices, and it is also worth remembering that other platinum group metals have been more robust.
In this video from the storming success that was the 2017 UK Investor Show, Leon Coetzer, CEO of Jubilee Platinum (JLP), is at the podium. And make sure that you keep April 21 2018 free for next year's UK Investor Show.
Jubilee Platinum (JLP) has provided an update on production from its Dilokong tailings project and construction of its Hernic project.
The latest trading update from Jubilee Platinum (JLP) is nearly all good news. The update covers the Dilokong Chrome mine tailings project (DCM) and the Hernic PGM-bearing chrome tailings project.
Jubilee Platinum (JLP) has updated investors on the performance of its subsidiary, Jubilee Tailings Treatment Company Pty Ltd in the three-months' ended 30 June 2016, of its chrome recovery section of the Dilokong Chrome mine tailings project and a progress update on the Hernic PGM-bearing chrome tailings project. After this Tom Winnifrith had a good chat with the chairman Colin Bird.
Jubilee Platinum (JLP) has updated that its “Dilokong chrome mine tailings team and chrome plant continue to outperform the original design numbers as the project starts to generate revenues and earnings from chrome concentrate sales”.
Shares in Jubilee Platinum (JLP) are on the rise on the back of an announcement of outperformance of original design numbers at its tailings processing project on the Dilokong chrome mine.
Following the Dragon's Den pitches it appears that we are now shareholders in Jubilee Platinum (JLP). And in that vein I invite you to watch its boss Leon Coetzer presenting at UK Investor show. Enjoy
Jubilee Platinum (JLP) has announced “increased throughput capacity together with operational control of the ASA project” and updated on “satisfactory” progress across its chrome processing development and operations.
Jubilee Platinum (JLP) has announced results for the six months ended 31stDecember 2015, with Chairman Colin Bird noting “I look forward to the balance of the year being spent on the excitement and development of two major cash-producing platinum dump retreatment facilities. I also hope to be able to report new developments which are aimed solely at supporting and expanding current operations”.
Jubilee Platinum (JLP) has announced “full project funding” in the form of debt and equity for its two surface platinum-processing projects.
Jubilee Platinum (JLP) has updated that, having previously commenced with the commissioning of a processing plant at the Dilokong mine of ASA Metals thereby qualifying for offered incentives, the plant is now fully commissioned and operational and that its commissioning and ramp-up has reached 85% of design throughput.
Jubilee Platinum (JLP) has updated on progress from selling its smelting and power plant operations towards becoming a from-surface producer.
Next up from the Gold & Bears video interviews is Leon Coetzer of Jubilee Platinum (JLP), shares in which I regard as cheap
Next up from Gold & Bears is Leon Coetzer, the boss of Jubilee Platinum (JLP), a stock we have successfully tipped on HotStockRockets and which we still rate as a buy. Enjoy.
If you want me to analyse a stock for you just drop me a line at firstname.lastname@example.org - Today I look at shares in DDD Group, Dekel Oil and Jubilee Platinum
Featuring shares in Atlas Development (ADSS), Beowulf Mining (BEM), Gulf Keystone (GKP), Jubilee Platinum (JLP), Oxus Gold (OXS), Sovereign Mines of Africa (SMA) with share price targets for all six stocks.
If you want me to analyse a stock for you just drop me a line at email@example.com - Today I look at shares in Jubilee Platinum, Imaginatik and Mosman Oil & Gas setting share price targets for all three.
Featuring shares of Agriterra (AGTA), CPP Group (CPP), Jubilee Platinum (JLP), Kennedy Ventures (KENV), Tri-Star Resources (TSTR), together with some share price targets.
If you want me to analyse a stock for you just drop me a line at firstname.lastname@example.org - Today I look at Jubilee shares in Platinum (JLP), JQW (JQW), Union Jack Oil (UJO) and set share price targets for all three
If you want me to analyse a stock for you just drop me a line at email@example.com - Today I look at the shares of Aquarius Platinum (AQP), Jubilee Platinum (JLP), Premier Oil (PMO) and offer some share price targets.
Featuring Alba Mineral Resources (ALBA), Jubilee Platinum (JLP), Paragon Entertainment (PEL), Plutus Powergen (PPG), Stratex International (STI)
Featuring Arria NLG (NLG), Jubilee Platinum (JLP), Mosman Oil & Gas (MSMN), Red Emperor (RMP)
John Meyer of SP Angel this morning comments on Jubilee Platinum (JLP), Hummingbird Resources (HUM), Obtala Resources (OBT) and SolGold (SOLG) as well as offering a detailed macro view on the news that is shaping global mining and the AIM mining pond.
Although we seem that the recovery here at Jubilee Platinum is very much on the way on the daily chart, it is also evidence that this recovery has been almost a year and a half in the making.
This week Jubilee Platinum (JLP) has announced a 1.6p per share placing to raise £600,000 “to ensure that no momentum is lost in current business development activities with particular attention to the simultaneous execution of the company's platinum surface processing projects”. We are aware that it was offered more but took enough for its needs and no more. For that we applaud it. The shares now trade at 1.8-1.9 - that is on an offer to bid basis more than 15% up on our tip price of amonth ago. But there is more to come.
Next up in the videos of presentations from UK Investor Show is Colin Bird of AIM listed Jubilee Platinum (JLP). Enjoy.
Recently-recommended Jubilee Platinum (JLP) has updated on the performance of its Middelburg smelter operations and power plant and that it “has made good progress in securing funding of the construction and commissioning of the (platinum surface) projects expected to commence in H2 2015”.
Jubilee Platinum (JLP) yesterday announced that is paving the way to greater things by disposing of non core assets and updating on the PLA acquisition. Leon Coetzer, the CEO, stated ''The Transaction brings together strongly complementary assets forming an enlarged group consisting of operational mining and processing assets.'' The shares now trade at 7p valuing the company at £25 million – the year low is 5.375p and the year high 13.5p.
Rather like the road to hell, the technicals of Jubilee Platinum over the past couple of years have been paved with good intentions.
Overall it can been seen from the daily chart of Jubilee Platinum (JLP) that we have been looking at a cross between a 3 steps down / 2 steps back up decline, and what the optimists might suggest is a range, but which from a technical perspective really is a “sell into strength” bear market.
Jubilee Platinum (JLP) is a recommendation from my t1ps.com days which has far from covered me in glory - the shares currently trading barely above 2009 lows of 7.125p. An announcement today though has sent them currently more than 3% higher to 7.875p and the following reviews this…
I tipped Jubilee Platinum (JLP) at 17.75p back in 2003. It zoomed ahead to 60p plus. It is now 8.75p valuing it at c£28 million. Is it worth hanging on? One can build a credible bull case but also a bear case as I consider below. I interrupted the holiday of chairman Colin Bird to discuss this and my conclusion follows at the end.
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