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Jubilee Platinum (JLP)     

Sooner44 - 15 Apr 2005 08:31

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

mentor - 13 May 2016 14:54 - 776 of 798

The rise continues today after the bullish RNS yesterday

Chart.aspx?Provider=Intra&Code=JLP&Size=

compare
p.php?pid=legacydaily&epic=L^JLP&type=1&

banjomick - 20 May 2016 12:34 - 777 of 798

20 May 2016
Jubilee Platinum PLC
("Jubilee" or "Company")

Dealing in securities

Jubilee Platinum plc (AIM: JLP, AltX: JBL) announces that, in relation to its Share Option Plan 2016 as approved by shareholders at the General Meeting held on Friday, 29 April 2016, the Board has agreed the award of options at the option prices designated in the table below for an exercise period of 10 years and which replaces all options previously held.

******SEE LINK AT BOP******

Colin Bird Chairman says:" It is some two years since the company's directors and management share option scheme expired. A new share option scheme was agreed by shareholders on the 29th of April 2016. In awarding these options the Board was cognisant of the efforts and personal motivation directed towards the Company's objectives by all members of the board and staff. The Board advises shareholders that some 4.05% of the Company's current issued capital has been reserved for the possible grant of options to high calibre staff that may be recruited to meet our planned growth. This is consistent with the Company's mid-term strategy to preserve and promote value for the Company's shareholders. "

http://www.moneyam.com/action/news/showArticle?id=5345599

mentor - 20 May 2016 16:25 - 778 of 798

Shame

directors giving themself options at par
that is 1p
money for nothing , there is no incentive on this price
10 years what?

banjomick - 20 May 2016 16:44 - 779 of 798

mentor, it was voted for, please get your facts right-see below:


"Results of General Meeting

29 April 2016

Jubilee’s General Meeting was held at 11 a.m. today, Friday, 29 April 2016.

The ordinary resolution proposed at the meeting was passed."

http://www.jubileeplatinum.com/investors-and-media/announcements/2016/29-apr-2016.php
***************************************

"Notice of General Meeting

8 April 2016

The Company announces that a General Meeting (“GM”) has been convened on Friday 29 April 2016 at the office of Fladgate LLP, Ninth floor, 16 Great Queen Street, London, WC2B 5DG at 11:00 in order to request that shareholders approve the adoption of The Share Option Plan 2016. The Notice of General Meeting and Form of Proxy will be posted today to all shareholders and will also be available on the Company’s website.

Jubilee will be attending the UK Investor Show to be held on Saturday 30 April 2016 between 09:00-17:00 at the Queen Elizabeth II Centre, Westminster at stand number 23."
http://www.jubileeplatinum.com/investors-and-media/announcements/2016/08-apr-2016.php

mentor - 22 May 2016 23:03 - 780 of 798

Shame ... Banjo

voted or not voted, is a BIG shame for directors to get options at par 1p

money for nothing is a dirty game that you like to play but I don't

The Sunday Telegraph:
Shell executives are braced for a shareholder backlash this week after influential retail advisor ShareSoc joined the growing rebellion against its multi-million pound executive pay.

banjomick - 23 May 2016 09:17 - 781 of 798

lol mentor

mentor - 23 May 2016 09:45 - 782 of 798

LOL up yours Banjo, less copy and paste and more debate is what you need to learn..........

yes, is the principal that it counts, and the Directors have not got it
It is very clear to me, after a withdrawing the options they had at a very high prices, now they are giving them self money for nothing with new options at a very low prices


Chart.aspx?Provider=Intra&Code=JLP&Size=

VICTIM - 23 May 2016 09:48 - 783 of 798

Tell him to pluck off banjo , no need for that .

mentor - 23 May 2016 10:18 - 784 of 798

Have you ever been VICTIMised?
make a complain
or better yet keep your nose out of others people's business,
and then you will not be Victim of such things.

images?q=tbn:ANd9GcRXC0gxeEqlL6dw1FBoZvI and I am a pain there and I been for some time.

VICTIM - 23 May 2016 10:22 - 785 of 798

No sense of humour .

banjomick - 24 May 2016 12:47 - 786 of 798

Intraday Chart

Chart.aspx?Provider=Intra&Code=JLP&Size=

6 Month Chart

Chart.aspx?Provider=EODIntra&Code=JLP&Si2 Year Chart

Chart.aspx?Provider=EODIntra&Code=JLP&Si

banjomick - 27 May 2016 12:09 - 787 of 798

27 May 2016
Jubilee Platinum PLC
("Jubilee" or "Company")

Exercise of Warrants

Jubilee, the AIM-quoted and AltX-listed Mine-to-Metals specialist announces that it has received notification from a warrant holder to exercise 1 875 000 existing warrants in the issued share capital of Jubilee ("the Warrant Shares") at a price of 1.6p (ZAR36.53c) per Warrant Share. The exercise of Warrant Shares amounts, in aggregate, to a cash value of GBP30, 000 (ZAR684, 900). The cash consideration was received on 26 May 2016. These were the last remaining warrants issued at a price below 2p.

The Warrant Shares are expected to be admitted to trading on AIM and listed on the AltX of the JSE Limited on or about 3 June 2016 and will rank pari passu with the ordinary shares of the Company in issue.

Total voting rights

The Company's total issued capital, after the issue of the Warrant Shares, will be 991 087 194 ordinary shares. As the Company does not hold any shares in Treasury, this figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company following Admission.

http://www.moneyam.com/action/news/showArticle?id=5350055

banjomick - 06 Jun 2016 13:33 - 788 of 798

Should get the next update soon?

From the 'Jubilee Processing operational update' on 12th May 2016:

"The Company will target the release of a more detailed financial and production update following the completion of the first production quarter of the Project at the end of May 2016."

http://www.jubileeplatinum.com/investors-and-media/announcements/2016/12-may-2016.php

banjomick - 07 Jun 2016 11:39 - 789 of 798

7 June 2016
Jubilee Platinum PLC
("Jubilee" or "Company")

Jubilee Processing Operational Update


Mine-to-Metals specialist Jubilee Platinum plc (AIM: JLP, AltX: JBL) is pleased to provide, on behalf of its subsidiary, Jubilee Tailings Treatment Company Pty Ltd ("JTTC"), an operations performance and financial update up to end May 2016; May being the first full month's operation since commissioning of its chrome recovery plant ("Chrome Plant") on its PGM-bearing tailings processing project on the Dilokong Chrome mine ("DCM Tailings" or "Project").

DCM Project Highlights

ü Sustainable Chrome Plant feed rate capacity reaches 75 tonnes per hour (tph) exceeding design capacity by 50% (50tph)

ü 6 675 tonnes of chromite concentrate produced up to end of May 2016

ü Equivalent to ZAR 9.2 million (GBP 0.427 million) revenue generated from chromite concentrate sales alone to end of May 2016

ü Equates to operational earnings at project level of approximately ZAR 6.5 million (GBP 0.301 million)

ü Production target for June 2016 set at 6 500 tonnes of chromite concentrate

ü Processing of 3rd party run-of-mine ore targeted to commence soon offering the potential to increase chromite concentrate production to more than 25 000 tonnes per month (tpm)

ü The enriched platinum containing material continues to be stockpiled with an estimated earnings potential of ZAR 130 million (GBP 6 million). Jubilee is in advanced discussions to conclude the dedicated processing route of the platinum material.

Leon Coetzer says;

"The DCM Tailings team and Chrome Plant continue to outperform the original design numbers as the Project starts to generate revenues and earnings from chrome concentrate sales. The Project continues to exceed the enrichment targets for platinum, increasing the value of this stream and drawing the interest of a number of established platinum producers looking to accelerate the production of a saleable platinum product. We are working to implement the platinum component of the Project and are reviewing the shortlisted platinum processing options with a view to implement the platinum component of the Project as soon as possible.

"We also continue to drive towards increasing the chrome concentrate production rate as we look to commence processing of platinum containing run of mine chrome reef from 3rd party mines. The introduction of the 3rd party chrome reef with the chrome tailings offers the potential to the Project to significantly increase the chrome production rate to well in excess of 25 000 tons per month of saleable chrome concentrate.

"This exponential growth potential of the Project with its associated earnings further ratifies Jubilee's decision to sell its interest in the ferro-alloy smelting operation offering limited growth and investing into the processing of platinum and chrome.

"The construction of Jubilee's second platinum and chrome tailings project targeting the processing of 55 000 tons per month of feed material remains on schedule with both the platinum and chrome plant targeting commissioning by the end 2016.


"We look forward to providing shareholders with continued updates on the implementation of Jubilee's platinum and chrome processing projects."

http://www.moneyam.com/action/news/showArticle?id=5355718

banjomick - 07 Jun 2016 13:45 - 790 of 798

Jubilee Platinum Says Dilokong Mine Exceeds Expectations
7th June 2016

LONDON (Alliance News) – Jubilee Platinum PLC on Tuesday said the Dilokong Chrome mine processing project continues to exceed original design numbers, and noted the “exponential growth potential” of the project.

May marked the first full month’s operation since the commissioning of a chrome recovery plant on the platinum group mineral-bearing tailings processing project. The project is run by a subsidiary of Jubilee Platinum called Jubilee Tailings Treatment Co Pty Ltd.

Jubilee said its sustainable chrome plant feed rate capacity reached 75 tonnes per hour at the end of May, which exceeds the design capacity by 50%, whilst 6,675 tonnes of chromite concentrate have been produced up until the end of May.

The equivalent of GBP427,000 of revenue has been generated from chromite concentrate sales in the period, Jubilee said.

Jubilee has set a production target for June of 6,500 tonnes of chromite concentrate, and said the processing of third party run-of-mine ore is targeted to commence soon, which could increase chromite concentrate production to more than 25,000 tonnes per month.

“The Dilokong mine tailings team and chrome plant continue to outperform the original design numbers as the project starts to generate revenues and earnings from chrome concentrate sales, said Chief Executive Leon Coetzer.

“The project continues to exceed the enrichment targets for platinum, increasing the value of this stream and drawing the interest of a number of established platinum producers looking to accelerate the production of a saleable platinum product. We are working to implement the platinum component of the project and are reviewing the shortlisted platinum processing options with a view to implement the platinum component of the project as soon as possible,” Coetzer added.

Jubilee said the construction of its second platinum and chrome tailings project was on schedule with both the platinum and chrome plant targeting commissioning by the end 2016.

http://ican.tddirectinvesting.co.uk/alliance-news/jubilee-platinum-says-dilokong-mine-exceeds-expectations/

banjomick - 08 Jun 2016 23:32 - 791 of 798


banjomick - 10 Jun 2016 11:47 - 792 of 798

Exciting times for emerging chrome and platinum player
10 June 2016

Speculative Buy

Earlier this week Jubilee published an update focusing on production rates at its Dilokong chrome tailings operations. The announcement also highlighted the potential to quadruple chrome production now it has operational control of the Dilokong primary concentrator. This 75,000 tonne per month plant needs feeding with run of mine ore, which means Jubilee will be looking to nearby chrome mines for supply.

There is some uncertainty as to whether Jubilee will become the permanent operator of the primary concentrator. However, as the current operator, and given its agreement to mine and process Dilokong’s tailings for up to 10 years, we believe Jubilee is well placed to take full control and ownership. This might also include the Dilokong underground mine and would transform Jubilee into a significant chrome player.

Meanwhile, Jubilee is full steam ahead on constructing the Hernic tailings plant. This will include an upfront fine (tailings) chrome concentrator and a platinum recovery circuit. The chrome circuit should be operational in October, followed by the platinum circuit in December. Jubilee’s revenues at Hernic will primarily be from its platinum production.

Dilokong chrome tailings – beating nameplate capacity

At its recently built chrome tailings plant, a sustainable feed rate of 75 tonnes per hour is now being achieved which translates to production of c.6,500 tonnes of chromite concentrate per month. This equates to annual production in excess of 75,000t of concentrate compared with original plans of closer to 40,000t.

Dilokong primary concentrator - operatorship

Jubilee now has operational control of the primary concentrator at Dilokong, opening up various opportunities to process run-of-mine chrome ore in the area. Jubilee is now looking at buying-in ore from nearby chrome mines and upping chrome concentrate production from the current 6,500 tonnes per month level towards capacity of 25,000 tonnes per month of concentrate at the same grade.

Leveraging the Hernic agreement

Jubilee’s hidden value is in its metallurgical/processing expertise i.e its ability to maximise recoveries from chrome and platinum tailings feedstocks. This explains how it won both the Dilokong and Hernic tailings contracts and could result in it securing similar agreements with other ferrochrome companies in future.

Valuation and recommendation

Jubilee’s business is evolving and could soon include a larger chrome component and/or a new tailings agreements. As a result we are unable to produce financial forecasts or a Jubilee Platinum valuation. We do however maintain a Speculative Buy recommendation based on the Dilokong tailings operations and the fully financed Hernic tailings project.
*
***Full details from Link at BOP***
*
Summary

The situation is at Dilokong is dynamic. It is a huge opportunity for Jubilee which could result in Jubilee becoming a primary chromite concentrate producer (i.e. producing chrome concentrates from ore) and potentially a chromite mining company. On the other hand, Dilokong could end up being a tailings only operation for Jubilee. It will depend on the results of the business recovery process.

Meanwhile the Hernic tailings project is being built and progress there will provide newsflow throughout 2016. In 2017, Jubilee should be producing platinum from Hernic and chromite and platinum from Dilokong. We are also hopeful that Jubilee will negotiate one or more new Hernic type (chrome tailings to platinum) agreements with other Ferrochrome players. These are interesting times for Jubilee Platinum.

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chilidog - 10 Jan 2017 08:59 - 793 of 798

Very quiet here on a stock that appears to be finally on the path to redemption....
Would expect to see this test last years high and then perhaps step back before a final breakout. However if it breaks through with strong supporting volume then any pullback would likely be limited.
All imo of course.

HARRYCAT - 02 Mar 2017 09:41 - 794 of 798

TJATE EXECUTES MINING RIGHT


Highlights

· The 22.33 million PGM ounce* Tjate Platinum Project ("Project") is awarded its Mining Right

· The execution of the Mining Right is a significant milestone in the development of the Tjate Platinum Project in support of Jubilee's Mine-to-Metals strategy

Leon Coetzer, Chief Executive Officer of Jubilee said:" We are pleased that the Tjate Platinum Project has received the mining right. The mining right is a major milestone in the development of the Project and is in line with the Company's Mine-to-Metals strategy. The mining right confirms the significant potential value the Project offers to Tjate and contributes to the Company's resource portfolio. The timing of the mining right coincides with the continued global recovery supporting the anticipated improvement in the platinum markets. The Tjate Platinum Project is one of the world's largest undeveloped block of platinum and we look forward to unlock its full potential."

Jubilee, the AIM-quoted and AltX-listed Mine-to-Metals specialist, is pleased to announced that Tjate Platinum Corporation Proprietary Limited ("Tjate"), has executed a mining right ("Mining Right") with the Department of Mineral Resources in respect of the Project comprising the Farms Dsjate 249 KT, Fernkloof 539KS and Quartzhill 542 KS, situated in the Magisterial District of Sekhukhune in the Limpopo Province of South Africa.

Tjate now has the right to mine and process all platinum group metals, chrome, nickel, copper, gold and certain associated metals and minerals from the Project mining area, subject to Tjate complying with the terms of the Mining Right and alignment to the requirements of the Mining Charter.

The Mining Right is significant not only to Tjate and Jubilee, as largest shareholder, but also for South Africa's mining industry as a whole and is a culmination of Tjate's exploration on the Bushveld for the past 10 years.

black bird - 02 Mar 2017 10:18 - 795 of 798

Cash in bank , more wanted, after results in may int loss £2m . have a holding
will buy more @ 5.5 p BB
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