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.

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