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jubilee platinum (JLP)     

The Oxman - 03 Feb 2005 11:08

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.

HARRYCAT - 19 Jul 2018 09:46 - 54 of 58

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.

black bird - 03 Aug 2018 13:18 - 55 of 58

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

black bird - 03 Aug 2018 13:18 - 56 of 58

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

black bird - 23 Aug 2018 12:42 - 57 of 58

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

hangon - 28 Aug 2018 15:31 - 58 of 58

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.
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