Midweek Takeaway with Leon Coetzer, CEO of Jubilee Metals (AIM:JLP) #JLP
Season 7, Episode 19, Feb 26, 10:35 AM
Phil Carroll and Kevin Hornsby welcome Leon to talk about Jubilee's unaudited interim financial report for H1 FY2024 revealing strong operational performance, marked by increased production across all operations, particularly in Zambian copper operations with a 46.5% rise in production. Chrome concentrate production also saw growth. Strategic investments of £12.9 million and a successful equity placement of £13 million demonstrate the company's commitment to expansion. However, challenges such as decreased PGM revenue, increased production costs, and a reduction in cash reserves highlight the need for continued operational efficiency and financial management.
Disclaimer & Declaration of Interest
The information, investment views, and recommendations in this podcast are provided for general information purposes only. Nothing in this podcast should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the commentator but no responsibility is accepted for actions based on such opinions or comments. The commentators may or may not hold investments in the companies under discussion.
Disclaimer & Declaration of Interest
The information, investment views, and recommendations in this podcast are provided for general information purposes only. Nothing in this podcast should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the commentator but no responsibility is accepted for actions based on such opinions or comments. The commentators may or may not hold investments in the companies under discussion.