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Re: Jubilee Platinum - JBL [message #51685]

Fri, 19 March 2010 00:52

newshound

Messages: 13
Registered: March 2009

Junior Member

On a UK board there is a comment from RBC about Middelburg being identified as having a 'brownfield' site for the 1st smelter/refinery to be built. They visited Mintek on the 2nd Feb. Expecting news to be early Q2, the way this is picking up must be good news.
Regards.
http://www.advfn.com/cmn/fbb/thread.php3?id=22051570

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Re: Jubilee Platinum - JBL [message #51753]

Fri, 19 March 2010 20:51

we$

Messages: 73
Registered: March 2010
Location: LONDON

Member

Thanks , lets hope it does follow through. MACD, RSI looks good and a 52 week high of 8.19. Results out 31 March.

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Re: Jubilee Platinum - JBL [message #51759]

Sat, 20 March 2010 22:56

newshound

Messages: 13
Registered: March 2009

Junior Member

Some platinum reading for those that are interested.

http://www.mediafire.com/?dyjl03zzrtz

http://www.mediafire.com/?jngomngmywz

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Re: Jubilee Platinum - JBL [message #51764]

Sun, 21 March 2010 12:24

we$

Messages: 73
Registered: March 2010
Location: LONDON

Member

excellent reading, thanks for the links.

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Re: Jubilee Platinum - JBL [message #52316]

Sat, 03 April 2010 00:16

newshound

Messages: 13
Registered: March 2009

Junior Member

http://www.moneyweb.co.za/mw/view/mw/en/page295799?oid=47727 3&sn=2009+Detail&pid=287226

Jubilee interview, also news on yet another run out at Lonmin. News cannot be far away of a JV.

http://www.lonmin.com/news.aspx?pageid=213&pressID=244

Number One Furnace Shut Down
30 March, 2010

Lonmin Plc, ("Lonmin") announces that its Number One furnace has been shut down following a matte run-out earlier today. No one was hurt as a result of this incident.

Our initial estimate is that a full repair of the vessel is likely to take around 30-40 days. In order to mitigate the impact on production two Pyromet furnaces have already been started up, with a third one starting in early April. These furnaces have around 40% of the capacity of the Number One furnace.

A full inspection of the Number One furnace is being conducted during which time we will investigate the cause of this incident.

This incident will have no impact on Lonmin's half year results which close on 31 March 2010. Changes, if any, to the full year sales guidance will be given once the repair programme has been confirmed.

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Re: Jubilee Platinum - JBL [message #53427]

Tue, 04 May 2010 10:58

SHOOTER

Messages: 203
Registered: September 2006
Location: Cape Town

Senior Member

Well now, good news out on SENS with Conroast going strong. But why the drop in share price? Time to add more I think. Happy to have picked up some at R3-60 a while back.

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Re: Jubilee Platinum - JBL [message #53489]

Wed, 05 May 2010 13:56

Gremlin
Messages: 15
Registered: April 2010

Junior Member

Yes, good news that they're starting up Conroast but why in Middelburg? Their mines will be near Burgersfort so much closer to Lydenburg or Polokwane than Middelburg.

Personally I don't see their SA venture as very interesting right now. I think it's got a long time, and a lot of money, to go before shareholders will see any returns and these are already priced into the share price. Much more interesting are their Madagascar exploits. If those turns up real pay dirt - and preliminary drilling suggests they might - the share price could sky-rocket.

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Re: Jubilee Platinum - JBL [message #53501]

Wed, 05 May 2010 21:28

Bulletjie09

Messages: 562
Registered: January 2009

Senior Member

Gremlin wrote on Wed, 05 May 2010 13:56

Yes, good news that they're starting up Conroast but why in Middelburg?

Middelburg coal are probably used in the 'roasting' stage

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Re: Jubilee Platinum - JBL [message #53529]

Thu, 06 May 2010 14:22

SHOOTER

Messages: 203
Registered: September 2006
Location: Cape Town

Senior Member

Bulletjie09 wrote on Wed, 05 May 2010 21:28

Gremlin wrote on Wed, 05 May 2010 13:56

Yes, good news that they're starting up Conroast but why in Middelburg?

Middelburg coal are probably used in the 'roasting' stage

SENS states facility is in good state and already furnaces in operation. Maybe could not find any other facility in this ready state; time is money now. Today very enlightning interview with CEO on TV 3 during lunch hour. I want to add more to my holdings.

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Re: Jubilee Platinum - JBL [message #55022]

Wed, 09 June 2010 15:18

farouk

Messages: 958
Registered: August 2009

Senior Member

Chart of JBL
index.php/fa/3450/0/

Both charts are the same with bottom a zoom inn.
From the top chart one can see she is moving sideways from its June 2009 peaks.She is trading in a wedge and if she breaks the bottom band of that wedge then it will become a dangerous channel.The chances of her breaking on the upside of the wedge are slim because of the present correction.One needs to take cue of her movements from the plat chart which i will post next.

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Re: Jubilee Platinum - JBL [message #55023]

Wed, 09 June 2010 15:26

farouk

Messages: 958
Registered: August 2009

Senior Member

Chart of Plat
index.php/fa/3452/0/

She is playing in dangerous water.Her breach of its 50dma put her in a confirmed correction.She is finding support at its 200dma.Any breach here and it will become a major correction.One needs to keep track of the daily plat price because once its 200dma gives way then JBL will drown.

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