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

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

Funding secured for conclusion of detail design and engineering of Jubilee's two platinum surface projects, issue of equity and Tjate Mining Right Update

Jubilee, the AIM-quoted and AltX-listed Mine-to-Metals specialist, is pleased to announce that it has secured the funding for the detail design and engineering for both its chrome and PGM's surface processing operations. The purpose of the funding is to support, inter alia, the conclusion of the detail design and engineering study program to allow the construction of the surface PGM and chrome beneficiation processing plants at both Hernic Ferro Chrome Proprietary Limited ("Hernic") and ASA Metals ("ASA"). The detail design and engineering studies are expected to be completed by April 2015. As previously announced on 19 January 2015, the Company entered into a Heads of Agreement with Hernic; the world's 4th largest integrated ferrochrome producer for the beneficiation of the chrome and PGM's contained in its surface tailings.

The Company has targeted project funding for the construction of both PGM processing projects and has, in the interim, engaged with targeted financial institutions while the detail design and engineering studies are completed.

The funding to conclude the detail design and engineering studies for both PGM processing projects have been supported through the issuance of Jubilee shares for cash as well as settling selected creditors in Jubilee's subsidiaries to release internal funding towards the simultaneous execution of both PGM processing projects.

Accordingly the Company has completed a placing of 49 999 997 new ordinary shares of 1 pence each ("Ordinary Shares") in Jubilee (the "Placing Shares") at a price of 1.50 pence (ZAR 26.35 cents) per share to raise approximately GBP 750 000 (ZAR 13 177 500) at current conversion rates. Mr Colin Bird, non-executive Chairman of Jubilee participated in the placing to the value of GBP 20 000 which equates to 1 333 333 shares. This brings Mr Bird's total shareholding in the Company to 8 516 512 Ordinary Shares representing 1.2% of the Company's total issued capital.

The Company will further issue Ordinary Shares on behalf of its subsidiaries Braemore Resources Limited ("BRL"), RST Special Metals Proprietary Limited ("RST") and Jubilee Smelting and Refining Proprietary Limited ("JSR") in lieu of debt for services provided ("Settlement Shares"). A total of 24 666 667 new Ordinary Shares will be issued at an average price of 1.5 pence (ZAR 26.35 cents) to settle debt in an amount of GBP370 000 (ZAR 6 500 900) at current conversion rates.

The Company is also pleased to provide a further update on the application for a mining right for its Tjate Platinum project. As previously announced, Jubilee's subsidiairy Tjate Platinum Corporation (Proprietary) Limited ("Tjate") executed a sale of rights agreement with Anglo American Platinum for the sale of its non-core Quartzhill property for a consideration of R75 million (GBP 4.3 million). The sale of rights agreement is conditional only on the approval by the Department of Mineral Resources of South Africa ("DMR") which approval is linked to the mining right for the larger Tjate platinum project. Tjate has received formal communication from the DMR that an Environmental Rehabilitation Guarantee ("ERG") to the value of R27 million (GBP 1.5 million) be provided to the DMR. This request from the DMR is traditionally indicative of the final step towards receiving the grant of the mining right.

Leon Coetzer, Chief Executive says: "The execution of the two surface PGM processing projects with a potential access to more than 4.5 million tonnes of platinum containing material at surface is a significant step forward for the Company and defines the key deliverables for Jubilee over the next 12 months. The projects have the ability to increase Jubilee's earnings with a significant multiple and will redefine Jubilee as a fully operational low cost PGM producer complemented by its exclusive ConRoast process and the Tjate Platinum project.

"The executed fund raising has been limited to target the funding of the design and engineering execution studies while the Company engages with financial institutions to maximise the exposure to project funding supplemented by the income from the sale of non-core exploration assets to minimise expected shareholder dilution.

"We are very encouraged by the DMR's request to put in place the ERG towards the grant of the mining right and look forward to receiving the mining right in the very near term."

1.5p

Jubilee Platinum turning a corner
By Greg Watson
February 11 2015, 2:22pm

Jubilee (LON:JLP ) have today announced a fundraising of £750,000 at 1.5p to support the conclusion of the detailed design and engineering study programme to allow the construction of the surface PGM and chrome beneficiation processing plants at both Hernic Ferro Chrome Proprietary Limited (Hernic) and ASA Metals (ASA).

Hernic, who are majority owned by Mitsubishi, recently concluded heads of agreement with Jubilee to process their tailings ahead of a number of competitors.

When the deal with Hernic is finalised the company will have access to in excess of 4mln tons of surface tailings.

Management is targeting production on 40,000 ounces of platinum a year which is expected to generate operational cash flow of $14mln a year assuming a platinum price of $1,250. This would make them one of the top ten core platinum producers in the world.

Normally this is where the market starts to panic about equity fundraisings to finance such a deal, however with the mining rights for Tjate expected in the “very near term” the company could see a £4.3mln injection from the sale of their non-core Quartzhill farm property to Anglo American Platinum.

The rest of the funds required are expected to be raised through debt for which the company is already in talks.

If we factor in the cash flow generative smelting operations and the power processing plant it would appear the company have made good progress on a tight budget over the last few years, yet this doesn’t appear to be reflected in the current share price.

With a market cap of just £10mln it is our opinion the company has significant upside potential from the current levels if things go to plan over the coming year.


*The views expressed are the views of Shard Capital and should not be construed as investment advice, as we have not assessed your individual suitability for personal investment advice."

http://www.proactiveinvestors.co.uk/columns/shard-market-eye/17794/jubilee-platinum-turning-a-corner-17794.html

Has reached another bottom and wanting to turn
early buys has moved the offer and positive on the bid side

StockMarketWire.com
Jubilee Platinum's Middelburg operations maintained performance in the fourth quarter meeting the targeted throughput and gross profit margins.

Unaudited revenue for the Middelburg operations rose by 10.12% on the previous three months and metal production increased to 2,282 tonnes - up from 2031 tonnes in the third quarter.

Unaudited gross profit for the Middelburg operations rose by 25.22% on Q3 on margins of 44% exceeding the targeted gross margin of 38%.

Unaudited net profit for the Middelburg operations rose to ZAR2.53m - up from ZAR1.31m in Q3.

Chief executive Leon Coetzer said: "The Middelburg operations have maintained its performance meeting the targeted throughput and gross profit margins. We will continue to strive to further optimise the operations by reducing the variable cost per metal ton produced while containing the operations overhead. We look forward to concluding a 5 year extended power purchase agreement with the national energy provider of South Africa while simultaneously increasing the power supplied to the national grid. The targeted increased power sales, together with the further improved smelter operations, are targeted areas to further enhance the operations earnings.

"Jubilee continues to invest into the two platinum surface processing projects at ASA and Hernic as it accelerates these projects to bring them into production. The platinum surface processing projects will allow Jubilee to produce low cost platinum concentrates for further processing at the smelters in the near term. The two projects will target a combined throughput of approximately 80 000 tonnes per month of platinum containing surface material.

"These projects have the potential of significantly transforming Jubilee into a low cost platinum producer from surface operations underpinned by the Tjate platinum exploration project."

Companies and Deals
Mining junior Jubilee Platinum steams ahead Company’s plans of becoming a big industry player take shape.
Sungula Nkabinde | 10 March 2015 00:19

Jubilee Platinum almost doubled its quarter-on-quarter net profit from its Middelburg operations for the fourth quarter ended December 31 2014, increasing 94% to R2.53 million.

“We’ve marginally increased the metals production. We’ve reduced overheads and dramatically reduced our variable costs,” says CEO Leon Coetzer, referring to the company’s quarter-on-quarter net profit increase.

The miner made good progress on its plans to enter the big leagues, announcing that it is on the verge of receiving mining rights for its Tjate project, and securing funding for two platinum group metals (PGMs) processing projects.

The quarterly results update also reflects that the smelter and power plant operation posted a 10.12% increase in revenue to R23.8 million and metal production posted a 12.4% increase to 2 282 tonnes.

With the share price only at 29 cents per share (as of Monday’s close), the stock’s 7.69% price run over the past six months is insignificant. The company has, however, embarked on growth-accelerating projects that should see its market capitalisation improve over the coming years.

Projects

Talks are underway to sell more electricity to Eskom, while Jubilee is also negotiating the extension of its current short-term power purchase agreement with the country’s electricity utility to five years.

“An interesting component within our company is that we generate our own power, so any improvement in efficiency has a compound effect as we are then able to sell more of that additional power back to Eskom. And that is a model we will try to improve upon going forward,” says Coetzer.

Jubilee has also signed new contracts with Hernic Ferro Chrome Proprietary (Hernic), the world’s fourth-largest integrated ferrochrome producer, and ASA Metals (ASA), for the beneficiation of chrome and PGMs contained in its surface tailings. The company will fund the construction of both projects and announced on Monday that it would raise R13.17 million from a share rights issue to get the ball rolling.

Coetzer was unable to disclose forecasted financial targets, but said it would roughly translate to an earnings multiple six times higher than the current level within the next 18 months, adding that these projects will allow Jubilee to produce low-cost platinum concentrates for further processing at the smelters in the near term.

“The two projects will target a combined throughput of approximately 80 000 tonnes per month of platinum containing surface material. (They) have the potential to significantly transform Jubilee into a low-cost platinum producer from surface operations underpinned by the Tjate platinum exploration project,” says Coetzer, reffering to the company’s targeted 70 ounce PGM project.

Based on the Department of Mineral Resources’ (DMR’s) request for Tjate to support its mining right application with an operational rehabilitation guarantee, the mining rights are close to being issued – one of the final steps to climb in the process.

Tjate is a large platinum exploration on the border of Anglo American Platinum’s Twickenham mine, and Impala Platinum’s Morula mine. According to Coetzer, the DMR’s request triggered the R75 million sale of its non-core Quartzhill property to Amplats, as the deal anchored on mining rights approval. The Tjate project could be a game changer for Jubilee as the company will transform from a PGMs processing company to mining platinum on a commercial basis.

On why the company’s stock is so cheap, Coetzer says the negative sentiment towards platinum mining in South Africa, which started during the 2008 financial crisis, is amplified by the company’s junior status, which intensifies its perceived risk profile.

“It’s a sad state of affairs,” he explains. “Our share price, like every other junior, has been decimated. By simply looking at the asset value of the company, and the value that Anglo has placed on such a small corner of the (Tjate) project, you can see just how badly discounted junior mining companies are in South Africa.

The Directors of AIM-quoted and Altx-listed Jubilee, the Mine-to-Metals company, are pleased to announce the unaudited interim results of the Group for the six months ended 31 December 2014.

The interim results for the period under review reflect the growth in the Company's revenue base supported by the improved performance from the Middelburg smelter and power plant (collectively the "Middelburg Operations") while further reducing overhead expenditure. The improved performance of the Middelburg Operations reflects the successful implementation of the renewal program over the past two years. Further process optimisation is expected during H1 of 2015, specifically targeting the Middelburg Operations variable cost component.

FINANCIAL HIGHLIGHTS
Revenue increased by 22% to £2.8 million (2013: £2.3 million). In ZAR terms revenue increased to ZAR 49.4 million (2013: ZAR36.11 million).

Gross profit increased by 34% to £1.3 million (2013: £0.97 million) - supporting the sustainable revenue growth over the last two reporting periods. In ZAR terms gross profit increased to ZAR 23.7 million (2013: ZAR 15.5 million).

Loss per share for the period reduced by 57% to a loss of 0.2 pence per share (2013: loss of 0.46).

OPERATIONAL HIGHLIGHTS
Middelburg Operations performance further improved on the back of the implementation of the smelter renewal program.

The Department of Mineral Resources (DMR) requested Tjate to support its mining right application with an operational rehabilitation guarantee. This requested is expected to be the final step prior to the issuance of a Mining Right.

Entered into a PGM (Platinum Group Metals) heads of agreement (HOA) with Hernic Ferrochrome Proprietary Limited (Hernic) for the processing of its PGM-containing surface material estimated in excess of 3.3 million tonnes. The HOA with Hernic significantly enhances Jubilee's access to platinum containing surface material which is in addition to the platinum containing surface material secured at ASA.

Both the Hernic and the ASA platinum processing projects placed on accelerated project schedules targeting to be fully operational during 2016.

Chief Executive Leon Coetzer commented:
"We are delighted with the continuing progressive results, both operational and financial, from our Middelburg operations. Jubilee is firmly focussed on the execution of its surface platinum processing projects as we accelerate the Company into a position where we are a significant producer of our own platinum group metals. The recently reported acquisitions and agreements are transformational and will make Jubilee a significant player in the platinum arena. It is expected that our new projects will be executed and in commercial production during 2016. The Jubilee mission is strengthened and supported by its ConRoast capability which is a door opener when competing for projects and provides us with multi opportunities for the rapid growth of the Jubilee Mines-to-Metal mission."

Keep an Eye
2.25p ( 2.20 / 2.30p )

Retracement done 50%, is now on the way up. Positive Level 2 of 3 v 1. Some expected licence soon to come through if so price could double with it.

JLP being the leading Pt. processor in SA for all junior miners and the go-to-guy for high chromium content PGM ore processing. The projects their are pursuing now are the first steps along this journey. Tjate provide a nice solid safety net to underpin the future of JLP.

yesterday's chart

re - 50% retracement

and now 50% retracement on the intraday chart, so lets go for the next leg up

High 2.35p
low 2.10p
middle now 2.225p

After the pause new interest on the shares, and is moving higher more interest will be welcome

yes the turn up is not only on the share price but also on the buying trades

Pros and Cons of investing on JLP

Risks:
The risks of platinum mines on the Bushveld Complex of South Africa are well known in industrial, geological, metallurgical and macro-economic terms.
Right now the primary risk for JPL is in sourcing capital at a sustainable cost. Which will be achieved.

Investment summary:
The board has weathered the commodities storm very well indeed, being paid in equity, leveraging intellectual property and grabbing opportunities in energy supply. JPL has always seen metals production from a geological resource as its raison d’être.
The tailings projects are a halfway house to achieving primary mined production. In a capital-constrained market where no new PGE mines are being built, they represent a potential step-up in cash flow from the low millions of dollars pa, as a services company, to the order of $10-20m per year as a tailings miner.
This will throw off enough cash to advance the Tjate project at a speed that doesn’t outstrip the market. This is a long play where management are using intellectual property to form the foundation to competitive advantage.

3,50p In a month. Bit conservative.
http://www.shareprophets.com/views/12859/zak-mir-s-bulletin-board-heroes-featuring-ceb-resources-ddd-group-eurasia-mining-galantas-gold-jubilee-platinum-orosur-mining

Zak Mir's Bull Call Of The Day: Jubilee Platinum: Extended Base Should Lead Towards 3.5p
By Zak Mir | Sunday 21 June 2015

Although we seem that the recovery here at Jubilee Platinum is very much on the way on the daily chart, it is also evidence that this recovery has been almost a year and a half in the making.

Another movement up today to 2.30 v 2.45p

Chart is looking very good lately but still more to come on looking longer term
Is that the perfect BOWL on the making?

Closed at best of the day 2.525p+0.325p with volume= bullish