Jubilee Platinum Forum

JSE closed around 3.6p/ yet AIM JLP is lagging behind, again...

This is so disappointing to see down near the 3p mark (too close to my average now) People are selling out of frustration and nothing else. Only wish I could top up but don't have the funds.

JSE Finished 4.23% up lets hope we can finish blue.

JLP and SBLM will multibag before christmas...

Cheers Breezy, good to here from you and hope all is well in your camp. 10p would be a cracking price within 6 months. I am so tight for cash at the moment that I can't put another £1 in here until well into the new year. I've a big tax bill due at the end of December and I daren't gamble with that money - HMRC wouldn't be too happy if I couldn't pay them. JLP have had a pretty good year really, as you say 1p to 3p is not be sniffed at. It makes me think if only BHR could have gone from 1p to 3p - I'd have no mortgage now and how different life would be. Real restraint and patience will be called for when this does start to climb next year. We'll have to refrain from cashing out too early. I wish I could switch off from stock watching as it's not healthy and detracts from business. What will be will be. Have a good weekend my friend and keep in touch from time to time. Cheers idg69

Hi idg69. Agree not looking good for Lonmin but as for jlp the future is looking bright and yes I think the board have done a great job keeping us afloat. We can not really complain about the share price as it as risen from 1p to over 3p in less than 1 year. I expect the share price to be around the 10p mark in the next 6 months and I think we will be taken out in the next two years around the 20p price. Have a great weekend breezy.

What a day over at Lonmin - not good at all for long term holders. I can't see them surviving despite the dilution and funds this has raised. Their debts are too big and they are non profitable at current platinum prices. Can't see any Lonmin money coming over to JLP either. If you've lost most of your shirt on one Platinum company, you're not going to re-invest what's left in another - despite the massive differences between JLP and LMI. Anyone grumbling at how JLP are doing should have had a big reality check today. Compare our one year chart with 99% of mining and commodity companies and we are holding up OK. As TDT said on LSE the BoD have done a sterling job just keeping this company afloat over the last few years. 2016 will be another good year for JLP. All the best idg69

Not one single share on my watch list is in positive territory! Looks like I'm watching the wrong shares! The Motley Fool article is spot on in what they have to say - the only problem is they write so much drivel that sensible articles don't carry much weight. We are so different to Lonmin and I've said this all along. Until the sentiment towards mining stocks changes, the requirement for platinum increases and the price of platinum increases we will stay below 4-5p. If the 2 tailings projects come on stream as planned in 2016 and a third is announced then this will climb strong and steady. I'd like to add more at this level but don't have the funds pre-Christmas. Good luck all I think we'll be OK with this one. All the best idg69

Not the best of days for JLP - we're on the slide south again. Come on JLP, let's get that finance deal signed off and get some security behind this share. Without the finance deal this company is in a precarious position and without the income from PowerAlt there is no revenue coming in.

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