bought in after the sunday Business paper tip suggesting blue sky valuation of 52p-170p. highly speculative but looked attractive to me having come back from mid 30's high. any holders out there with views on this or aware of broker price targets, recommendations - a short term punt for me at present which I think will retest old highs but longer term it does look interesting as well.

Projects Status Update

Projects Highlights
· Hernic project achieves record production of 2 101 PGM* ounces for the month of May with Q2 2018 already touching 4 000 PGM ounces in the first two months

· First PGM material from PlatCro targeted for delivery to Northam in June 2018

· Construction of Kabwe project underway with initial focus on the zinc leach circuit

· Implementation of the fine chrome recovery circuit at DCM underway

* 6 Element Platinum Group Metals

Leon Coetzer, Chief Executive Officer, says:
"I am particularly pleased with the performance of our Hernic operation. The Hernic operation continues to set new benchmarks quarter on quarter with May setting a new record high delivering an impressive 2101 PGM ounces. At the current production rates we are expecting to increase the production of PGM ounces by more than 20% during Q2 2018 compared with Q1 2018.

We have awarded the transport contract to commence with the delivery of ourPlatCro PGM material to Northam Platinum for the recovery of the PGM's..

The construction of our Kabwe project is underway following the reinstatement of the mining licence by the Zambian authorities. Our initial focus is on the implementation of the zinc recovery circuit. I will provide further details and clarity on the project following my presentation to the Zambian Mining Department later this month.

At DCM we have commenced with the implementation of the hydro-mining circuit to replace the mechanical reclamation of the tailings material. This switch-over forms part of the installation of the integrated fine chrome recovery circuit which is the pre-cursor to the platinum recovery circuit at DCM."

StockMarketWire.com
Jubilee Metals Group said Monday said the construction of the zinc recovery circuit at the Kabwe project, and development of the lead and vanadium recovery circuits were underway.

The full circuit design and project financial parameters targeting the three metals, zinc, lead and vanadium are expected to be completed by the end of August 2018.

'Our initial focus is on the completion of the zinc recovery circuit while our research and development teams conclude the testing of the lead and vanadium circuit design parameters,' Leon Coetzer, Chief Executive Officer.

'Our process development teams have been able to determine a more suitable process solution than the originally contemplated acid and brine solution for the extraction of the various metals at Kabwe.'

'The updated process flowsheet offers the potential to both improved capital efficiency as well as reduced circuit complexity.'

StockMarketWire.com
In its quarterly operations update, Jubilee Metals Group reported an increase of 41% quarter on quarter to GBP 1.61m in the project earnings of its Hernic Platinum and Chrome operation in South Africa. This reflected the low variable cost bast per PGM ounce produced.

Hernic project revenue increased by 25% to GBP 3.31m over the period while PGM production rose 18% to 5,800 ounces.

The second quarter also included a record production of 2,100 PGM ounces in a single month. The firm expects to further increase this production rate.

"The Hernic project continues to perform well. The increase in PGM ounces produced had a significant impact on the earnings soaring by more than 40%. The lower feed supplies which hampered production in June has been overcome and the project is poised to break through 6,000 ounces per quarter, " said Leon Coetzer, Chief Executive Officer.

"The construction of the fines chrome recovery plant at DCM [in South Africa] is underway and we have commenced with our PGM PlatCro project which targets to double our PGM processing rate by February 2019. We have also commenced with the construction of the zinc recovery circuit at Kabwe while the design of the lead recovery circuit is being concluded," he added.

The Group aimed to complete the fines chrome recovery plant during the fourth quarter and expected to conclude the final design parameters for the Kabwe zinc, lead and vanadium project in Zambia in the third quarter.

It expected to start platinum recovery at its PlatCro Platinum project in South Africa next February.

aim cancels b m r listing today. j l p goes up as JLP will now get BMR fo a song

investors in BMR are the losers, another scam. BB

aim cancels b m r listing today. j l p goes up as JLP will now get BMR fo a song

investors in BMR are the losers, another scam. BB

anyone done the sum's rev 2018 year platinum alone, to buy more @ 2.40 ?
price plat still going down to 780 23.8.18 [ note 2008 750 oz ] an E P S ?
profit, when, more work & figs to to be real, not forcast. BB

Well, BMR-investors at least can sleep soundly, after a quiet cry.... whereas JLP investors have watched their Co. from about 35p-average 8-years ago slip away to about 2p.
So, even if JLP hit a stream of Liquid Gold.... is there anyone that would bet they'd see it? . . . let alone make money for L-T investors? . . . I think I bought av=15p, so my "Rule" is not to invest again, until my original is in profit - somehow I suspect that will be a long-way off. +Maybe JLP will have new Management by then...?
Zzzz.