I can't get my head around the rise in Lonmin over the last month whilst we bumble along at this range. Come on JLP get some quality news out into the market place and let's see this start to rise.
Evening all - I'm quite happy with a flat finish today considering what the rest of the mining sector has dropped by today. Can't help thinking this mining license may never get signed off. I know now might not be the best time operationally to receive it, maybe 6 months down the line might be better when some money starts coming in from the tailings projects. But nearly 5 years from submission of the first paperwork is just ridiculous. Keeping the faith, idg69
idg69 I agree the RNS today was a waste of time and I think the share price would have gone up today without it. The only new news is the late payment which is why we are down today. The future still looks bright and patience is required here. All the best breezy.
JaJa - Should really be above 4p to be quite honest. That RNS was a complete waste of time unless they had to get the news out about the late payment and this was there way of dressing it up.
Morning Breezy, That RNS was pretty much a waste of time really. CB & LC said they would only release RNS's when they had something concrete and newsworthy to report and that was neither. They would have been better saying nothing and letting the price rise on it's own. If anything it's a little negative as money due in December is now overdue. I'm OK with progress but the new kids on the block are expecting license news imminently and that is not going to happen anytime soon in my opinion. Patience is the name of the game. all the best idg69
up over 6% on jse and we are down work that one out.
hopefully more from UKOG, 88E will be buying to JLP soon
Hi Breezy, I think there's only me and thee on this board at times. I keep posting the odd snippet but only to appease myself more than anything. I'd be more than happy climbing a few percent each day with the odd small pull back. I definately don't want the 88E pump and dump boys over here. Look at the Taylor Wimpey charts from 2011 to present - a nice gradual but solid climb up and out of the doldrums. These big spikes attract the day traders and that's not healthy. I'm wanting/needing 20-30p from this stock, which is achievable in the medium to long term. Keeping the faith and all the very best to yourself. idg69
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