Jubilee Metals Group Plc (LON:JLP) CEO Leon Coetzer joins us to unpack a pivotal $90 million offer that could reshape the company’s future. With plans to divest its chrome and PGM assets in South Africa, Jubilee is gearing up to fast-track its copper strategy in Zambia. Coetzer outlines how this potential cash injection could shift the dividend timeline and why the group is betting big on copper, just as the market starts to move.
Highlights:
00:39 – CEO Leon Coetzer discusses rationale behind the chrome and PGM asset sale
02:10 – Why copper in Zambia offers a higher return on capital
02:37 – How the $90M offer aligns with Jubilee’s copper acceleration strategy
03:28 – Jubilee’s retained exposure to PGMs
04:12 – Impact of the deal on potential dividend timeline
04:57 – Safeguards in place to protect Jubilee during conditional offer period
Jubilee Metals Group is a diversified metals producer with operations in South Africa and Zambia. The company specialises in the recovery and processing of metals including chrome, PGMs (platinum group metals), and copper, using a combination of proprietary processing technologies and strategic partnerships.
