A bit more info on Jubilee for the holders...

A bit more info on Jubilee for the holders
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We've been so kind to JUBILEE MINES in the past we should invoice it for PR.
It hasn't helped the stock too much though, price-wise, and at latest levels of $1.46 (up 2c on the day) is still at a p/e of less than 6 and a dividend yield of more than 10.4 per cent.
The aforesaid investment fundamentals are, respectively, far below and far above market averages, which is surprising for a strongly performing company.
Shareholders of the nickel miner heard more about that performance at the AGM yesterday.
The chairman said the company was budgeting on an average nickel price of $US3 a pound "and if we achieve that, and the Australian dollar remains around the US55c level, we will have another excellent
year and look forward to further generous dividends".
Meanwhile, Jubilee had started the year well, with the September quarter "continuing our excellent performance".