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Jubilee Metals Group

Jubilee Platinum chief says revenues at Hernic take project to next level

Jubilee Platinum PLC (LON:JLP) says the revenues for its flagship Hernic PGM project are extremely significant and is progressing on schedule.
Chief executive Leon Coetzer says numbers are in line with expectations and will take the company into a very strong position.
Commissioning of what will be the world's largest platinum recovery plant from chrome tailings is earmarked to begin in December this year.
Elsewhere the group revealed a doubling of chrome concentrate production from its Dilokong tailings project (DCM) in the latest half year.
Coetzer says discussion are to conclude within the next 4-5 weeks when the group will decide whether or not build its own processing plant at the site.

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Price: £0.03

Market: AIM
Market Cap: £59.83 m
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