Jubilee Platinum Forum

It would be good to think the dilution money was going to be used for the ERH payment on announcement of the Tjate license being granted. That really would light a fire under the share price. Must be an absolute nightmare trying to do business (legally) with the South African government under Zuma and his cronies in the DMR. Can you imagine the size of the brown envelopes that get passed around. I was getting twitchy yesterday when it dipped to 2.7. I have funds to top up but I'm scared of over committing. Good luck matey, it has to come good someday doesn't it?

Hi Breezy,

A good RNS today I think long term shareholders will do very well here. Cant understand why JSE is down at the moment.

Very little positive sentiment around JLP at the moment. I'm in negative territory now, which I never thought I would be. How quickly things can change.

Pitiful - could not have envisaged we would ever see 2.8p again. Very disappointing.

Evening Breezy, you're spot on - It was the dilution that has spooked the private investors as we weren't expecting any. I had also thought they may and try get both tailings projects into production without debt funding. I hope they have a good reason for the dilution & borrowing i.e. another big tailings project in the pipeline. I've decided to hold off putting any more in at the moment, I have £1,500 on the sidelines but want to keep that as a rainy day fund and don't want to go down the BHR route by throwing all I have at one stock even though this is a different animal. If the Tjate licence comes through in the next 12 months JLP could do an 88E and rocket tenfold in a matter of weeks. If it does, I'll be taking the lot out and have a break from the markets. Have a great Easter weekend and let's see what the future brings. Cheers idg69

Hi idg69 Must admit it as knocked my confidence slightly with the placing as they clearly said no more dilution in the webcast. From what the long term shareholders are saying this as been happening for years and they don't trust CB LC. I still think this will come good and I am still showing a small profit. I will hold here until we get the licence maybe this year or next. Lets hope the next rns is positive and share price moves up. Have a great Easter. All the best breezy.

The waters are a little choppy at the moment. As much to do with the wider sentiment in the commodities market as it is with the additional dilution. I think we were mislead a little at the last web cast as I understood there would be no more dilution and that finance was offered and on the table but we may not need to tap in to it. I hope big things are happening behind the scenes that we are not yet privy to and we get some groundbreaking news in the coming months. Still holding, a little nervously, but still holding. All the best. idg69

Panic selling this morning. Did people really think the debt funding was not going to incur some dilution? That would be pretty naive. I did think at one point they might be able to get both the tailings projects on stream without finance but obviously not. Apart from the outstanding warrants I really hope this is the last dilution we see here. Still holding for the medium to long term.

I've resisted looking at the price all day today in the hope that I would be pleasantly surprised at the end of the day - I'm not. A bigger the average trading day but we're going in the wrong direction. I think it's almost impossible to decipher between buys and sells these days. With delayed trades and buy and sell orders to be filled it's not that clear cut. I don't profess to understand a lot of the trading jargon but I do think this will go sky high when someone in the know wants it to go that way. All the nonsense spouted on LSE and ii won't make a scrap of difference to the price on a daily basis. Would like too see a heavyweight institution put some coin in here so it's not just private investors at the table. That would make a real difference and start the price on a northern trajectory. Patience, patience and more patience required. The frustrated will sell up only to miss their day in the sunshine n my humble opinion. Good luck all.