Jubilee Platinum Forum

Good morning idg69. Some are saying the price is being held back because of the share options and I tend to agree with them. What do you think about the share options. I would be a lot happier if they bought them on the open market like the rest of us and this would give the market more confidence. We keep getting good news and the share price keeps going down for some reason. I think 2.80 will be the bottom.Hopefully we should see a bounce next week. Have a good weekend breezy..

2.8p - Take a deep breath and relax. There's nothing much else you can do. I did expect a bit of a steady rise this year with finance sorted and production coming on stream but it's not looking that way at the moment. Patience is the order of the day, let's hope we are rewarded for it.

Evening Breezy, it could be madness or a very shrewd move - only time will tell. I've just been hit today with an unexpected repair bill on the wife's car so that's put paid to any top ups this month - a big chunk of my rainy day fund has now gone. You're spot on about the license news igniting the share price. I think it will more than double. Our market cap is so low at 28m. With the license in place for a resource conservatively valued at over 1 billion, this could multiply 5 or 10 fold. It'll spike big time then pull back significantly before rising again in the long term - that's my prediction for what it's worth. I only hope the license comes through before the big global meltdown so I can cut and run. Mines going under the mattress for a few years. The next crash will make the 2008 banking crisis look like a minor blip. The whole world is over extended and a big (massive) correction is coming our way. I also think we need to be out of Europe when it does. This is just my opinion and I could be wrong of course. Good luck to you and lets keep everything crossed for some big gains this year. All the best idg69

Hi idg69 I had a moment of madness and bought another 42000 shares at 2.93 . Later in the year we should be in full production on the platinum side and we should start to make some serious money and the platinum price is going up. The main reason I bought more shares is because the licence news could come anytime and I think the share price could double. If it does i might take some profit. I think its worth a gamble at this low price and i wish you good look in what ever you decide to do. All the best breezy.

Courageous boy Breezy - Have you been taking those brave pills again? I've got a couple of grand in a rainy day fund and I'm hovering over the buy button myself. If I thought I could be in and out and make a few quid I would but I feel this will stagnate here a little while longer. Buying at this price wouldn't effect my average price either - decisions, decisions - not my strong point. What's your stance on the Brexit? In or out?

i wish i have more cash to top up here. we are soon to be mid tier producer and yet only 30m mcap? several AIM companies not yet producing already mcap more than that

I must be mad had a little top up today at 2.93.

We appear to be stuck in the mud and going nowhere fast right now. Fundamentals have not changed - if anything they are better now the debt facility is all sorted. Anyone selling now is just out of pure frustration. Patience is spades is required here. I daren't sell up on the off chance the mining license does eventually get granted and the price goes sky high - by that I mean 10-20p.

Bigger than average volume but not shifting from the 3p mark.

I feel for those in AST today. You would have gone to bed last night feeling rather happy with your 5 day gains only to wake up and see the lot has disappeared. Even worse if you bought on the high at 6, 7 & 8p to find it open at under 2p. The markets can quickly dash you on the rocks without warning. JLP appears to have bounced back up off the 2.8p mark which is encouraging. Enjoy the weekend. idg69