Jubilee Platinum Forum

Evening Breezy, not a great week and back to 3p where you rightly predicted. On reflection I'm not putting any more money into JLP though I'm happy to hold and see where the next 12 months takes us. I'm going to start putting some money in to AFC - I've been watching them for a few months now and at 11p look pretty cheap. Could be a good long medium to long term play in the renewables energy sector and certainly better than coal! Have a good weekend and all the very best. idg69

Good afternoon idg69. Dont know why this is dropping but i think we will soon find out in the next rns maybe today or next week. I dont think i will be buying anymore shares as i have 10 grand invested allready and i dont want to gamble any more. Its hard to believe we were at 5p a year ago and now back at 3p. We need to know if we are making any money or running at a loss. Your a brave man if you buy more shares but good luck to you in what ever you decide to do. Have a great weekend and all the best breezy.

Morning Breezy, you were right when you said it was heading to 3p again. Cape hake's spot on - there is no interest in this share. It hasn't attracted the attention of any institutional investors and until it does we aren't going to see any significant movement. If it drops back nearer my 2.8 average I might buy another 50k.

Evening all, it's difficult to know what to do for the best with JLP - cash in yer chips now, take a little profit and sit on the cash for a while whilst the economy tanks - which it's going to. The danger is the worm really could turn and this could sky rocket on the license being eventually granted - you'd kick yourself having been hear all this time to then miss out on why we invested here in the first place. It's a really tough call my friend, we appear to be so close to the good times and money rolling in, yet the market sentiment around JLP is very flat. I can't advise as I feel the same way you do and don't know what to do for the best. I'm not loosing sleep like the good old BHR days, I'm pretty confident we're not going bust this time round. Keep yer chin up matey and all the best. idg69

Looks like we are heading for 3p again. Got a feeling more warrants are going to be issued.Iam getting very frustrated with this share now. The company keeps moving forward and the share price stays the same.e

Yup, I have that dream also frequently . Would pay my house of in cash

Meant to say bag not back!

At least whilst we are flatlining around the 3 - 3.5 range we're not going down. I wish they could get that mining license in the back though, that would really light a firework under the share price - Sibanye could then swoop in and snap us up around the 25p mark - what a fairy tale that would be. We can dream can't we.

Beaufort's note out this morning on Research Tree: "Earlier this week Jubilee published an update focusing on production rates at its Dilokong chrome tailings operations. The announcement also highlighted the potential to quadruple chrome production now it has operational control of the Dilokong primary concentrator. This 75,000 tonne per month plant needs feeding with run of mine ore, which means Jubilee will be looking to nearby chrome mines for supply. There is some uncertainty as to whether Jubilee will become the permanent operator of the primary concentrator. However, as the current operator, and given its agreement to mine and process Dilokong’s tailings for up to 10 years, we believe Jubilee is well placed to take full control and ownership. This might also include the Dilokong underground mine and would transform Jubilee into a significant chrome player."

LOOKING good