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Buy Jubilee Metals

The other day, Jubilee Metals (JLP) announced results for its half-year ended 31st December 2021 (the shares are currently 17p to buy); they were a 16.2p offer when this tip was first posted.  But that compares to above 17.5p as recently as February, and above 20p last summer… and there is good reason why, in very short order, they can easily exceed the latter again.

EPIC JLP
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Jubilee Metals – half-year operational and financial update, still a Buy?

Jubilee Metals (JLP) states that it “is pleased to announce its unaudited operational results for the six months to 31 December 2021” and that it looks forward to “the next six months with the full impact of the Inyoni facility being felt, as well as the targeted ramp-up at Roan enabling us to take another major step in our commitment to achieve annual copper production of 25 000 tonnes”. So what of a current 16.3p share price, £396 million market capitalisation?

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