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

http://www.moneyam.com/action/news/showArticle?id=4747546

Jubilee is pleased to announce an operations update for the fourth quarter (Q4) of 2013. The Company is also updating shareholders regarding the sale of the Quartzhill property owned by Tjate platinum Corporation Pty Ltd ("Tjate").

· Cash flows, revenues and gross profits from the Company's Middelburg smelter ("Smelter") and Power plant operations are continuing to grow,

· Positive gross profits will be underpinned by commissioning of the 3rd ARC furnace, which is already fully contracted and on target for March 2014.

· The fully contracted smelter capacity of an estimated 13,800 tonnes of metal per annum is expected to increase gross profit margins to a targeted 38%.

· Jubilee has commenced discussions with an alternative party to conclude a short term processing strategy for the processing of the DCM tailings to counter the delay in concluding the commencement date with Platinum Australia Ltd ("PLA").

· Tjate consulted with the DMR's Limpopo Regional office with a view of fast tracking the review of the sale of the Quartzhill property and the mining right application of the Tjate project.

Leon Coetzer, CEO of Jubilee, said: "As stated in the previous update, Jubilee commissioned the Smelter operations targeting the production of ferroalloy metals based on the patented ConRoast process in response to the downturn in the platinum industry.

"We are pleased with the positive results delivered by continued efforts at the Smelter operation to grow our revenues and attain positive earnings. The growth in the gross profit margin reflects the growth in output and improved operational efficiencies. The last phase of the renewal programme at the Smelters is well on its way and is the last hurdle to achieve positive earnings for the Smelter operations.

"The integration of the various components of the 3rd ARC furnace will result in increased furnace downtime over the next quarter and we do expect lower revenues for the Q1 2014 which will impact our gross margins. This impact will be short lived as the commissioning of the 3rd ARC furnace is targeted for March 2014.

"Once commissioning is complete the ferroalloy smelting contracts that we have in place will underpin the positive earnings capabilities of the Smelter and the power plant. We are continuing to evaluate a number of opportunities that will provide access to additional platinum-bearing material at or near surface - so avoiding undue reliance on tolling of material.

"We can change our Smelter onto platinum material in a very short timeframe - and with the ferroalloy contracts focussed on the quantity processed rather than a specific time frame we are well placed to quickly take advantage of platinum-bearing opportunities."

Platinum Australia Limited Transaction and DCM tailings update

http://www.moneyam.com/action/news/showArticle?id=4771894

StockMarketWire.com
Jubilee says commissioning of the third ARC furnace has commenced at its Middelburg smelter operation.

Jubilee also says the scoping report, in regard to the mining right application for its targeted 70 million PGM ounces Tjate platinum mining project has been submitted on schedule to the Department of Mineral Resources.

Chief executive Leon Coetzer says: "I would like to congratulate our smelter operations personnel, engineering contractors and support services for their tremendous team effort to successfully conclude the construction and refurbishment of our 3rd ARC furnace."

StockMarketWire.com
Jubilee Platinum has confirmed that the third ARC furnace at the Middelburg smelter has been successfully commissioned and is fully operational targeting a production rate of 400 tonnes of metal per month.

The company says the commissioning of the furnace concluded the final part of the four-phase renewal programme developed and implemented at the smelter over the past two years. The renewal programme's objectives were to expand and upgrade the smelter into a robust and profitable operation on the back of secured smelting revenue contracts.

Chief executive Leon Coetzer said: "I would like again to compliment our Smelter personnel, engineering contractors and support services for their combined effort in successfully commissioning and bringing into operation the 3rd Arc furnace. This concludes the final phase of our Smelter renewal programme and the critical step in establishing a sustainable operation with positive earnings that will set Jubilee apart from most of its peers.

"Our key next target is to bring into operation the platinum containing Dilokong Chrome Mine surface tailings which is in line with the Company's strategy of bringing into production our acquired surface platinum-bearing material and ultimately to migrate our Smelter onto processing platinum concentrates."

Perhaps we can see some profit from this one at long last........ doubtful.,.

StockMarketWire.com
Jubilee Platinum has executed a tailings access agreement with ASA Metals Proprietary Limited and its subsidiary Dilokong Chrome Mines Proprietary Limited.

Under the agreement, Jubilee is awarded the exclusive right to access the PGM - bearing tailings (surface stock) on the DCM mine area and the right to construct, a dedicated chrome and PGM processing plant on the mining area to process the tailings.

In addition, ASA has agreed to give Jubilee access to sufficient power and water for the construction and operation of the new processing plant.

Middelburg Operations cash positive and Power Sale contract extended to take up any surplus power
Jubilee, the AIM-quoted and AltX-listed Mine-to-Metals specialist, is pleased to announce that the Company's Middelburg Operations has achieved its operational and financial targets for May 2014 delivering an unaudited net profit of ZAR 1.33 million (GBP 76 282) which will result in positive cash flow to the Company. This follows the successful commissioning of the 3rd ARC furnace during May 2014 as part of the final phase to the Renewal Programme commissioned by the Company in 2012. This financial result was achieved with the Middelburg Smelters ("Smelter") increasing overall metal production by 45% compared to April 2014. The Company is further pleased to announce that the Private Power Purchase Agreement for the sale of electricity to the South African National Energy Provider utility has been further extended to the end of March 2015 with an escalation in power sale price of 6.4%.

Highlights
· Unaudited profit achieved at Middelburg Operations

· Production increased by 45% month on month on the back of the commissioning of the 3rd ARC furnace

· June 2014 production numbers to date are on target to further improve positive contribution to cash flow

· Private Power Purchase Agreement ("PPPA") extended to 31 March 2015 with a 6.4% escalation in electricity sale price awarded to the Company's subsidiary Power Alt Proprietary Limited ("Power Alt")

· The extended PPPA is for all surplus electricity generated by Power Alt and has the effect of buffering the revenues generated by the Middelburg operations since a smelter interruption is offset by increased power sales

StockMarketWire.com
Jubilee Platinum has reported significant advances over the past quarter, the most significant of which is the conclusion of the successful smelter upgrade and renewal programme that delivered a profitable operation within a month of commissioning.

Leon Coetzer, CEO of Jubilee, said: "The Middelburg operation is further uniquely buffered against smelter interruptions as we are able to seamlessly increase our electricity sales to the National Energy Grid of South Africa during periods of lower power utilisation by the Smelter.

"This commercial strategy not only plays a significant part in offsetting escalating energy costs but also stabilises revenues during potential future smelter interruptions."

Quarterly Operations and Financial update
Jubilee, the AIM-quoted and AltX quoted Mine-to-Metals specialist, is pleased to announce an operations and financial update for the Middelburg operations ("Middelburg") for the second quarter of 2014 (Q2). The Company is also updating shareholders regarding the sale of the Quartzhill property owned by Tjate platinum Corporation Pty Ltd ("Tjate").

Highlights
· Unaudited revenue for Middelburg up 44.89% Q2 on Q1
· Unaudited gross profit for Middelburg up 11.14% for Q2 and exceeding the targeted 38.00%
· Unaudited net loss for Middelburg Q1 of ZAR 2.691 million (GBP 0.151 million) converted to a net profit of ZAR 1.247 million (GBP0.070 million) in Q2
· Production up 47%
· Platinum smelting targeted for Q3 2014


Leon Coetzer, CEO of Jubilee, says:

"The Company continues to make significant progress in all of its current and projected activities. The final hurdle for the submission of the Environmental Management Program, as part of the Tjate mining right application, has been overcome and submission is targeted for the end of July 2014 which will conclude the submission requirements by the Department of Mineral Resources. We are working closely together with Anglo Platinum for the conclusion of the sale of Quartzhill, linked to the Tjate mining right."

"The Company is meeting all the challenges presented by the current operating environment and remains fully confident in the developing business model and the opportunities it presents."

Tjate Submits Environmental Impact Assessment and Environmental Management Reports

Middelburg Operations
Jubilee, the AIM-quoted and AltX quoted Mine-to-Metals specialist, is pleased to announce that its subsidiary, Tjate Platinum Corporation Proprietary Limited ("Tjate") has submitted its Environmental Impact Assessment ("EIA") and Environmental Management Programme ("EMP") to the Department of Mineral Resources ("DMR") in respect of the Tjate Platinum Mine Project ("Tjate Project"). This submission is expected to be the final requirement of the DMR towards achieving a mining right for the Tjate Project. The Directors are pleased that Jubilee is progressing towards completion of the sale of Quartzhill which is expected to generate gross sale proceeds of GBP 4.1 million (ZAR 75 million).

Leon Coetzer, CEO of Jubilee said: "The submission of the EIA and EMP for Tjate marks a very important step in the application to the DMR for a mining right for Tjate. Jubilee, through Tjate, has engaged with the DMR towards expediting the mining right application and associated sale of the Quartzhill property.

"I am also encouraged to report that our Middelburg Operations sustained positive earnings for July 2014 in spite of the challenges faced at the smelter operations due to the national labour strike by employees affiliated to the National Union of Metal Workers of South Africa."

Grief, this was c.10p last AGM I attended and Dirs thought that was unnecessarily low, as the Market didn't understand - etc.

Now it's abt. 90% down from there....Yikes!

er, and Yikes again!

EDIT: ( 8Nov2014 ) - now 1.4pence...

Result of AGM
The AGM was held at 11 a.m. on Wednesday 24th December 2014 and all ordinary resolutions were passed.

Special Resolution 1 was not proposed at the meeting and shareholders voted to adjourn the meeting. The Directors anticipate being in a position to make a corporate update relating to the Company's platinum surface operations during January and will reconvene the AGM thereafter.

StockMarketWire.com
Jubilee Platinum has concluded heads of agreement with Hernic, the world's fourth largest integrated ferrochrome producer. Hernic targets to appoint Jubilee as the exclusive party to beneficiate the chrome and PGM's contained in its surface tailings.

In addition to its PGM-containing surface tailings, Hernic also has access to at-surface secondary stocks.

The HOA facilitates the processing of approximately 1.7 million tonnes of chrome tailings material and Hernic identified that the tailings material could exceed 3 million tonnes through additional drilling programs.

The 1.7 million tonnes of chrome tailings material has been fully drilled and assayed for Chrome and PGM content to produce a resource statement of which approximately 90% of the resource is classified within the measured category under the internationally recognised SAMREC code.

Chief executive Leon Coetzer said: "We are very proud as a company, to be selected as the exclusive partner to execute Hernic's PGM processing project following an extensive selection process by such a prestigious entity as Hernic." The envisaged project will be the largest PGM beneficiation plant of Chrome tailings re-claimed from a surface chrome tailings dam in South Africa."

There is a lot of buying today and is on the rise

Some positive news on the way is the cause
Level 2 is strong on small spread 1.95 v 2p

Moving fast now as is a BREAKOUT on the chart, moving higher than the earlier intraday high

Despite MMs games on pulling the stock back from time to time, a new high of 2p has been achieved

HARRYCAT
-didn't make AGM on Xmas Eve, in my experience that date is a signal they don't want retail shareholder to attend... did you? - or maybe yr Post is from the RNS?

& I understand there is a General Meeting scheduled . . . . but. . . .

Go to an AGM on Christmas Eve???? Just not going to happen for most people!
My post was from a RNS.
I hold stock from 2010, so not really expecting great things any time soon!!! Good to see sp moving up and should probably average down, but reluctant to throw good money after bad at the moment.......watching.....forever watching!

up to 2.15p with large volume 8M, more than half yesterday's already

for those interested a LIVE webcast today in 5 minutes

Following recent positive developments in the JLP camp, a LIVE webcast will be held at 10am GMT this morning offering shareholders the opportunity to engage directly with the Directors of Jubilee ("Board"). The web cast will provide shareholders with further clarity on the implementation of the Company's platinum surface processing projects. This web cast has been arranged following the JLP's announcement on 19 January 2015 that it successfully secured a second platinum bearing surface project.

Get involved by logging into the interactive webcast here ===> http://www.brrmedia.co.uk/event/133460

A Golden cross is on the way 50 MA crossing up 200 MA, is suppose to be VERY bullish