Jubilee Platinum Forum

Meant to say - make of it what you will and do your own research.

Excav8 - Head to the Jubillee website and go back over the RNS history and webcasts and all the information is there first hand and there is a lot of it. Make of it nd DYOR - I'm not being sarcastic when I say that but it's the only way. I'm neither a ramper or de-ramper, just a realist. All the best idg69what you will. I started here back in April 2015 and I'm happy with what I'm hearing to date. I'm just sitting on this for a year or three and we'll see where we get to. It appears a little stuck around 3p at the moment but looking at the wider markets at least it's not in freefall. Good luck a

hi
can you tell me when the first plant is commissioned. What does this plant consist of? I heard the the two wise men said a 30% ROC.
Return on capital not a nett or gross profit? No one knows the terms of the commercial contract I take it?

Someones lit a bonfire under Lonmins shares over the last 2 days, wish they would with JLP. We just don't seem to be able to get off the starting blocks and sustain a rise. Lots of false starts but we always pull back. Come on JLP do your stuff.

Hi Breezy, I agree with your sentiment, just treading water at 3 to 3.5p is pretty good in the current climate. Oil & Mining have seen some biblical losses over the last 12-18 months. Leon won't buy any shares as he'll pick his tranche up in lieu of taking a salary - that's my understanding anyway. There is an awful lot of doom and gloom on the world stage at the moment which is concerning. On the other hand it means there an awful lot of cheap stocks out there. I am happy to sit this one out for a year or three if needs. Hope all is well with you. Cheers idg69

idg69 I agree i thought the webcast was very positive and the future looks bright for jlp. Considering the big sell off in the markets our share price has held up well. I think we are going to need a lot of patience here . I wish Leon would buy some shares as that would back up all the positive talk he as been doing. All the best breezy.

A bit disappointed to see the pull back today but looking at the wider markets it's not surprising. It seams to always bounce off the 3p mark which is fine with me. A solid webcast yesterday confirming all is on track which you can't grumble with. I can't see there being any massive one day rises here, mining is a slow business and a gentle tick up on news of revenue coming on stream will be fine with me. Good luck all and keep the patience.

Yeah I agree. I think this is the last year for Lonmin, It would put business in a stronger position against the unions as well come negotiations time.

Trautw - 12 months for Lonmin is my guesstimate. They have everything stacked against them, massive costs, massive debts, old deep mines, unionised workforce and a low platinum price. It doesn't matter how much money you throw at them I don't think it is survivable. This is very sad for the 000's of staff but it's the facts. That last round of dilution has destroyed any trust/value in this business. How the mighty can fall when you look back over their historical share price.

Lonmin -23 %. How long can it still survive?