DDD spot on..... Sure Kabwe could be profitable to Jbl, who knows when? Have we gone from a company leading the way in tailings processing to one of getting involved in suspect deals involving other African governments...... Treading on thin ice. As for "cleaning up Africa" both literally and figuratively.......best of luck with that concept!
.... And to think that they diluted our shares to buy into this!
...... Typical, not a word to shareholders from management on this latest fiasco.... Just bla, bla, bla via 3 rd parties.... And the SP continues to react accordingly
...... The only reason JLP is not on "the brink of bankruptcy today" is because whenever they need more cash they just issue more shares.......... Is this sustainable? The answer to that my friends is in the current SP
That is the problem with markets. What is that saying - "The markets can stay irrational for longer than your solvency" or something like that
trautw Same here i was over 100% up and now just in profit. I wish i had sold when we got the mining licence .Can not understand the drop in our share price as when the BMR deal was annouced the price did not move. Now the deal is in doubt the share price as been punished.Does not seem fair to me.
Never in my wildest dreams did I imagine I will be back in a loss. From more than 150 % up at one point
Like we keep suggesting to both CB and LC, your investors are losing patience with the "jam tomorrow" and rubbish SP. Get your acts together or hire the right team.......if not the market will continue to punish the SP and we the shareholders remain the cannon fodder!
It's great to have a positive take on JBL's future..... We all need this as it has all begun to get rather tedious. However I do have an issue with this "almost debt free" Is this not at the detriment of shareholders as managements go to option for capital is to just issue more shares......... Is this a sound business model? And yes we have heard the argument "it was a deal we could not refuse" I have been told there is always another cracking deal around the corner. We should be consolidating... This has now become obvious. Unless of course management doesn't give a hoot about the SP.
Looks like I might have missed a little window of opportunity to top up and average down a little at 2.7p yesterday - never mind. Let's see what the coming weeks bring.
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