Jubilee Metals Group Plc (LON:JLP) CEO Leon Coetzer talks to DirectorsTalk about its recent update. Leon explains how well Hernic is performing and whether we can expect further improvements, how the PlatCro project could actually be larger than Hernic and expands on shares being used to settle creditors.
Jubilee Metals Group Plc is a diversified metals recovery company, focusing on the reprocessing of historical mine waste and surface materials. Jubilee’s shares are traded on the AIM Market of the London Stock Exchange and the South African Alt-X of JSE Limited. Its strategy is a secure low risk, low capital intensive, long-term commodity production from mine surface waste materials without the risk or burden of mining implementing advanced environmentally sustainable metal recovery techniques and ensuring a significant lower cost entry point to produce metals compared to traditional mining. Its aim is to diversify across multiple commodities to hedge income risk and to align with global trends.