Any holders out there - there's some buying going on.....

lankn73 - (post #586.) - I'm inclined to agree, but the table you took so much time over isn't exactly helping.
Far easier IMHO, to look at the "More Dir Deals" which shows the date, amount and P&L based on current prices. It also shows Co's where Dirs have acquired shares cheaply (er, how?) and then sell for cash...Doh!

Do you think JLP haas a bright future; given that Pr Metals are controlled by Big Corps?

Jubilee is pleased to report an update on its Middelburg smelting operation (70% owned by Jubilee) and progress on its Leinster nickel tailings project (the "Nickel Tailings Project" or "Project") in Western Australia.

Highlights
· Jubilee's unaudited revenues for the first four months of the Company's second half-year financial period improved significantly compared to the previous audited six-month period.

· Total revenue for the four-month period already exceeds that for the previous audited six-month period.

· The ConRoast process continues to receive strong interest from the platinum industry, an interest further reinforced by the continued smelting challenges faced by current platinum producers and smelters.

· Jubilee is awarded a paid consulting contract to carry out a feasibility study incorporating the ConRoast process into the operations plan for an established platinum mining company.

· Daily production rate at the Middelburg smelting operation reached targeted full capacity (38 tonnes/d) at the end of May 2012.

· The Company's subsidiary Maude Mining and Exploration re-submitted its Mining Right application for its Bokfontein and Elandsrift properties incorporating comments from the Department of Mineral Resources ("DMR").

· Pre flotation testwork commenced at Mintek on the Nickel Tailings project.

StockMarketWire.com
Jubilee Platinum has been awarded the rights to recover platinum-group elements from high PGE-bearing dumped chromite tailings and chromite tailings from current and future operations on the Dilokong chromite mine in the Eastern Bushveld of South Africa.

This award represents a major advance in the company's mine-to-metal strategy utilising its ConRoast process.

This award is subject to final due diligence, the finalisation of contract and related service agreements and relevant regulatory approvals.

AGREEMENT WITH INDIAN PACIFIC RESOURCES FOR IT TO FARM-IN TO AN IRON ORE OPPORTUNITY IN THE AMBODILAFA TENEMENT AREA IN MADAGASCAR

Jubilee Platinum, the AIM listed and JSE quoted mine-to-metal specialist, is pleased to announce that it has executed a Heads of Agreement ("HoA") with unlisted Indian Pacific Resources Limited ("IPR") for it to farm-in up to a 90% interest in all commodities ("Commodities") other than platinum group metals, metals traded on the London Metals Exchange and chrome ("PGEs and Metals") in Jubilee's Ambodilafa tenement area ("Ambodilafa Project"), Madagascar.



Highlights

· Jubilee acquires participation rights in a potentially large non-core iron ore opportunity in the Jubilee Platinum owned Ambodilafa Project with minimum initial funding from Jubilee.

· IPR to farm-in in stages up to a 90% interest in the Commodities on funding exploration.

· IPR's prime iron ore target identified in Samelahy area of the Ambodilafa Project is a 6km long high intensity aeromagnetic anomaly, identified in a previous airborne geophysics survey by Jubilee over the Ambodilafa Project targeting PGE-Ni-Cu prospects.

· Ambodilafa is located only 45km from the ocean and 80km south west of Tratramarina, which is a potential logistic benefit for iron ore shipping.

This Agreement is subject to underlying agreements and to the extent necessary to the approval of regulatory authorities.

StockMarketWire.com
Jubilee Platinum, the AIM and JSE quoted mine to metal specialist, has announced significant advances in its mine to metals strategy with the conclusion of a number of agreements and memorandums of understanding ("MOU"s).

These agreements will enable the company to access additional surface and near surface platinum group metal ("PGM")-bearing resources and tailings; to increase its interest in its subsidiary power generating company, and to secure outright ownership of its Middelburg smelting group.

These agreements advance the company's strategy to secure access to near term cash-generative projects.

Leon Coetzer, Chief Executive Officer of Jubilee said: "Jubilee has successfully secured access to near-term cash generative projects by leveraging its exclusive ConRoast process. This positions Jubilee to establish itself as a significant platinum producer in the near term. Jubilee has increased its holding in both the power plant and the Middelburg smelter operations to improve the Company's earnings potential."

"Sweet-smelling Jam Tomorrow" is the msg - something that LT sharholders have heard before - it is reflected in the sp, despite recent excitement.

Given that miniing is becomming depressed and that the new tech for cars is Electric, the LT value of Platinum is surely depressing? Old Exhausts are recycled and whilst there is a growing Car-ownership Worldwide, much is in China, Asia,Indai (and Brazil?) =places where catalysists are Policitical Activists.

Jubilee enters Memorandum of Understanding ("MOU") for toll processing Dilokong Chrome Mine's Platinum-Bearing Tailings
Jubilee is pleased to report that its newly formed subsidiary company Pollux Investment Holdings (Pty) Ltd ("Pollux")* has entered into a binding and exclusive MOU with Phokathaba Platinum (Pty) Ltd, ("Phokathaba") a South African subsidiary platinum mining company of Australian Stock Exchange listed Platinum Australia Ltd ("PlatAust") to toll process the 800,000 tonnes of Dilokong Chrome Mine platinum-bearing tailings ("Dilokong Tailings") using Phokathaba's concentrator ("Phokathaba Concentrator") on PlatAust's Smokey Hills mine in the Eastern Bushveld. As announced on 13 June 2012 Jubilee was awarded the right to recover the platinum group metals ("PGMs") contained in the Dilokong Tailings.

*Pollux to be renamed Jubilee Tailings Treatment Company ("JTTC").

Highlights
· Jubilee secures access to existing processing capacity to accelerate the production of its own platinum concentrates for smelting in its exclusive ConRoast process;

· This MOU opens the door to explore further opportunities between the two companies that are in line with Jubilee's Mine to Metals strategy;

· Under the MOU, Phokathaba has committed the capacity of its Phokathaba Concentrator to process, on a toll fee basis, the Dilokong Tailings to recover its contained PGMs to concentrate;

The Company will be targeting a tailings processing rate of up to 50,000 tonnes per month.

The MOU is subject to final due diligence by Jubilee, the approval of PlatAust's senior finance provider and, to the extent, necessary regulatory approvals. The parties have agreed to a time line of 45 days to satisfy the conditions precedent.

StockMarketWire.com
Jubilee Platinum is raising up to £1.725m through a conditional placing of up to 20,175,439 new ordinary shares at 8.55p apiece.

The proceeds of the placing will be used, together with existing cash resources, to support growth within the Company's strategic business areas, through which Jubilee is implementing its mine-to-metals strategy.

StockMarketWire.com
Jubilee Platinum's 51%-owned Power Alt (Pty) has now received approval from the National Energy Regulator of South Africafor the sale of electricity to South Africa's national power generating company.

Sales of electricity are expected to commence on 26th October.

Jubilee Platinum chief executive Leon Coetzer said: "Our exposure to the profitable sale of surplus power by Power Alt increases the company's earnings potential and profitability.

"We are focused on growing cash flows and this is another important step, helping to underpin our growth potential."

Jubilee, the AIM and JSE quoted mine-to-metal specialist, is pleased to provide a significant update on its operations and progress with various agreements with respect to Dilokong Chrome Mine tailings ("Dilokong Tailings").

Highlights

· Further to the announcement on 21 November 2012 the Company and its subsidiary Pollux Investments has concluded a toll processing agreement ("Toll Agreement") with Phokothaba (a subsidiary of Platinum Australia) in respect of processing the Dilokong Tailings at Phokothaba's Smokey Hills Mine concentrator. The Toll Agreement accelerates the processing of the tailings by some 14 months to commence during the first half of 2013.

· The parties to the Toll Agreement have commenced consultation, expected to be concluded by January 2013, with parties and local communities who may be affected by the transport and movement of Dilokong Tailings from the Dilokong Chrome Mine to the Smokey Hills Mine.

· Funding of £573,750 has been secured, via a Standby Equity Distribution Agreement ("SEDA") advance pursuant to the SEDA agreement announced on 15 March 2011, which will be used towards settlement of a SEDA backed loan. Under the SEDA advance 7,913,799 ordinary shares are being issued at a subscription price of £0.0725 per ordinary share.

http://www.moneyam.com/action/news/showArticle?id=4503960

Usual response to AGM - all items passed . . YET I thought with a prospect of a merger (DYOR) with an Australian Co. there was insufficient information that the AGM would be posponed.

For example, yesterday I read
"...proposed transaction we believe will materially enhance Jubilee's Mine to Metals Strategy and we look forward to working with PLA as a combined force to develop our respective assets..."

Aparently not, so did those present know what wil be given to the Market, over the next few weeks?

I dpoubt it. Aren't there Rules about Announcements/AGM's?

"Terms: SCHEME OF ARRANGEMENT Jubilee has announced it is in an advanced stage of discussions for a proposed Merger by way of a proposed Scheme of Arrangement with Australian listed Platinum Australia limited.
Further information may follow in due course."

StockMarketWire.com
Jubilee Platinum subsidiary Power Alt (Pty) has achieved its targeted sales of 5.1MW of generated power into the South African national electricity grid under the power purchase agreement.

In addition, the PPA's contracted power value has been increased to ZAR50.1m per year and an option has been granted to Power Alt to increase the generated power for sale to 10MW, which has the potential to increase the CPV to ZAR98m.

Issue of Equity
Jubilee, the AIM and JSE Limited ("JSE") quoted mine-to-metal specialist, announced on 10 January 2013 the issue of 15,757,576 Ordinary Shares under a SEDA Advance. It is expected that these shares will be admitted to trading on AIM and the JSE on 17 January at 8am United Kingdom time and 10am South African time respectively.

Jubilee is also issuing 538,084 ordinary shares of 1 pence each in lieu of cash for corporate advisory fees. It is expected that these shares will be admitted to trading on AIM and the JSE on 18 January at 8am United Kingdom time and 10am South African time respectively.

On 18 January 2013, following both of the above share issues, the total issued share capital of the Company will be 337,430,390. The Company holds no ordinary shares in treasury.

Therefore, following the issue of equity, the total number of voting rights in the Company will be 337,430,390.

Update Relating to the Proposed Transaction by Jubilee Platinum Plc ("Jubilee") with Platinum Australia Ltd ("PLA") and renewal of Cautionary Announcement

INTRODUCTION:
Jubilee is pleased to announce that, further to the cautionary announcement on 14 December 2012 regarding a proposed business combination or merger ("the Proposed Transaction") with Platinum Australia Ltd by way of a proposed Scheme of Arrangement ("Scheme"), the Parties have agreed to extend the binding and exclusive terms of the Heads of Agreement to 28 January 2013 ("Extension Period"). Under the Proposed Transaction, Jubilee will secure the terms of a funding package to reinstate operations at the near surface Phokothaba Mine, currently placed under care and maintenance by Platinum Australia. Jubilee has secured indicative terms sheets for the project financing structure from financial institutions and will work towards concluding the funding structure within the Extension Period.

Leon Coetzer, Chief Executive Officer of Jubilee, said: "We are pleased with the progress made towards effecting the Proposed Transaction with Platinum Australia. The targeted enlarged group would include the combination of shallow and at-surface mining and exploration assets together with a fully operable shallow mining operation and smelters, underpinned by the very large Tjate mining exploration asset."

RENEWAL OF CAUTIONARY

As the Proposed Transaction is still in negotiation stages, shareholders are advised to continue to exercise caution when dealing in their securities until a further detailed announcement is made.

Harry - I hold these and AQP having bought here yesterday.

Me too, but from a while back, is it worth a small average down skinny??.,.

BB - who knows?

I bought based on the price of platinum and the chart.

I think the rumour mill is on overtime today.

if the rumour fades........ for god sake start another.,.