Jubilee Platinum Forum

See the email from Leon at the LSE discussion forum. Gives quite a lot of answers. [link]

It all sounds positive and upbeat but clearly the markets are unimpressed. Years of false dawns and not delivering on promises as left JLP out in the cold as far as the big investors are concerned. I'll just sit it out for now and see where we get to before the year end.

They should really get an outsider next time they write an RNS and ask them to interpret it to see if it is what they meant. This RNS was pointless.

seers was derampers many months ago. then ramper, and now back to deramper... his timeframe for investment only for a couple of mths lol

The market does not seem to impressed at the moment.

RNS OUT

Hi Doobie, welcome to the board, there's not many of use here on DTM. Note that we can see the ii banter from the likes of Jonmor and friends but they can't see ours - you probably knew that already though. I like your optimism, we need some of that around JLP. Wishing you well, all the best idg69

Re: Outstanding warrants .. warrants have an expiry date, the ones exercised today expire next week so it was now or never for the holder. Full list of outstanding warrants are detailed on page 16 of the last interim report [link]

Been lurking for some time, mostly laughing at the jonmore banter so thanks for that. This is my first post so hello all. I am invested and really positive about JLP’s prospects, short-term looks good, mid-term looks better and with Tjate there is incredible potential in the long-term.
Jonmore bashing seems to be in vogue and I do think he is baiting you all for entertainment but he does also raise some valid questions. So for what it’s worth here is my take on JLP today.
Funding is sorted, no short term issues to worry about.
ASA is in Production: 3000 tonnes produced generating £188K in revenue (£62 per tonne), targeting 6000 tonnes in May so I expect first quarter revenue to be around £372K.
We don’t know for sure what that revenue represents, is it for the whole project or is it JLP’s portion of it. We also don’t know what the operating costs are – Turnover is vanity, profit is sanity and if they make a decent profit they can invest in the others project with less debt and a greatly reduced risk of dilution.
JLP have stated that it will release detailed financial data when Q1 production is complete so I expect we will get the answers to the questions on the ASA numbers towards the end of June after they have done due diligence on the data. I think short term expectation is high and patience is low on this stock so unless there is new news I wouldn’t be surprised if the SP falls back a little when people realise they won’t get a financial update on June 1st. When we do get the figures and assuming they show a reasonable return I’m expecting a good reaction in the SP, however this is AIM and anything can happen.
JLP have also promised a platinum processing strategy at the end of May, the noises the board are making are very positive. This is really encouraging and we all assume this to mean new revenue opportunities and partners but until we get the “who, what, when and how much” all we have is hope and sentiment.
Hernic is in construction, I’m comfortable enough in the company to deliver this and it is a true asset but we are looking at Q1 2017 before it starts to generate income and value in terms of the SP.
I’m struggling with ConRoast and I’d welcome any insights, I don’t see it as an asset, as far as I can tell it hasn’t added any value in real terms.
Then we have Tjate, on paper absolutely fantastic but in reality without the Mining Right that’s all it is, a piece of paper. The really frustrating thing is this isn’t something the board or any of us have influence over, we are held firmly in the hands of South African politics. I do believe it will come and it will have a seriously positive effect on the SP but when will it be? We don’t have a clue!

Morning Breezy, if the license is granted you'll definitely get your car this year, if not then it may be next. At just shy of 18p (17.7 to be precise) I recover all my BHR & CPP losses which I think is achievable with he right news. I do think this will get pumped to high heaven on the mining license being granted, you only need to look at the likes of AMC from May of last year to see what could happen and the subsequent fall. I'd like to ride a spike to 20-25p and then come out altogether with some profit for my troubles. I'd like to take a break from the markets as I think we have the mother of all recessions coming our way later this year. I f I can get out and rest up a while before this then that would be my perfect scenario. Everything comes down to timing. Wishing you well my friend and lets hope for the best. Cheers idg69