Jubilee Metals (JLP) has announced two new appointments: Manuel Lino Silva de Sousa (Ollie) Oliveira as Chairman, and Berenberg as joint corporate broker. That is good news for institutional interest, with the market cap now £400 million, at a current 15.1p share price.
Jubilee Metals (JLP) has announced two new appointments: Manuel Lino Silva de Sousa (Ollie) Oliveira as Chairman, and Berenberg as joint corporate broker. That is good news for institutional interest, with the market cap now £390 million, at a 14.85p share price.
Jubilee Metals (JLP) has announced a performance update of its new and expanded fully integrated South African Inyoni PGM and chrome operations and its Zambian southern copper strategy. So what’s the situation, with the shares having responded up to 15.4p?
The other day, Jubilee Metals (JLP) announced results for its half-year ended 31st December 2021 (the shares are currently 17p to buy); they were a 16.2p offer when this tip was first posted. But that compares to above 17.5p as recently as February, and above 20p last summer… and there is good reason why, in very short order, they can easily exceed the latter again.
Hello Share Speakers. Mining investment is more speculative than other areas of share buying. But the rewards may be better. My own policy is to pick companies which don’t just rely on exploration. An outfit that concentrates on recovering metals from mining waste is Jubilee Metals (JLP).
Jubilee Metals (JLP) states that it “is pleased to announce its unaudited operational results for the six months to 31 December 2021” and that it looks forward to “the next six months with the full impact of the Inyoni facility being felt, as well as the targeted ramp-up at Roan enabling us to take another major step in our commitment to achieve annual copper production of 25 000 tonnes”. So what of a current 16.3p share price, £396 million market capitalisation?
Jubilee Metals (JLP) has been stressing how profitable it will be this year and how next year it will be so profitable that it could pay a dividend. Obviously with Colin Bird as chairman talk of profitability and dividends can only mean one thing. Yes….its another placing! Knock me down with a feather. But this one begs two big sets of questions:
