Herenya Capital’s Petri Redelinghuys joins Simon Brown to talk about the investment case for Jubilee Metals.
The group and company are principally engaged in exploration and exploitation of natural resources. The company is listed on the AltX and AIM markets.
The major announcement for September was that its Windsor PGM project had become fully operational. The company informed the market:
“Jubilee Metals Group (‘Jubilee’ or the ‘Company’), the AIM and Altx traded international metals processing company, is pleased to announce that the joint venture PGM recovery plant (‘PGM Plant’) targeted for the recovery of the PGM rich material owned through its subsidiary Windsor SA(‘Windsor PGM Project’ or ‘the Project’) has successfully been commissioned and is fully operational.
The Project produced 1, 346 PGM ounces in its first operational month of August 2019. The Windsor PGM Project which holds 1.45 million tonnes of chrome and PGM-rich material at surface with further current arisings being added, offers the potential to more than double Jubilee’s existing PGM production and significantly enhance the Company’s earnings.”