Jubilee Platinum Forum

Nice open on the JSE. +10%. Lets hope it lasts

Looks like we are on the slide again. As long as we stay above 3p in the short term I'll be happy. Mining/commodities are out of favor and like an oil tanker will take a while to turn. People expected loads of positive news in the short term and because it hasn't come to fruition as quickly as they'd liked they will sell up and chase the dream elsewhere. I'm not so much bothered about the mining license just yet but knowing the finance for the 2 tailings projects has been secured would be more than welcomed. I'll sit this out for a year and two and see where we go in 2016. Good luck all. idg69

Looking on the positive side we are up on the day just over 7%, pretty much level where we started the week, 13% up on the month, pretty much level where we were 3 months ago, up 137% over 6 months and up 166% over the last year. Whilst we may not have received the news we are all waiting on, we are not in a bad place with JLP and heading generally in the right direction. Let's see what next week brings. All the best idg69

The nearer it gets to 2.85p the twitchier I get. I daren't say it will go back below 3p as that would be the kiss of death. Watched a great documentary on Netflix last night - Big Men. All about Kosmos energy finding the first OIl in Ghana and the trials and tribulations of doing business in Africa and bringing it to market. Very interesting indeed and really puts in perspective the pitfalls of doing business in Africa. Keeping the faith and hoping for good things. All the best idg69

Starting to move up maybe RNS on its way.

A quiet days trading really. Short termers are selling out on lack of news. I'll bet they all piled in expecting an AFPO style rise multibagging over a short timescale when all the news came through of finance and licensing. Would be great to see this rise tenfold but it's not going to happen overnight - 2-3 years maybe if the commodities market improves and the demand for platinum increases with all those new hydrogen fuel cell cars. I'm staying long on this despite watching daily fluctuations.

Morning Breezy, our patience is being tested on this one. It's good to be in profit - up between 20-30% on this one which any regular private investor would be chuffed to bits with. I need big things to happen with JLP which I'm confident in time will happen. If my past mistakes have taught me anything, it's to be patient and not try and trade my way out of trouble. This can change so quickly as the last month has shown us. Day trading is for braver soles than me. I hope the reporting of the finance is just delayed due to red tape and admin and not because of anything more sinister. Good look matey, at least where in profit which is more than we can ever have said back in the bad old BHR days. In 18 months with BHR I didn't have one single day in the black, it went south from the day I bought in. JLP will come good it may just take longer than we'd all like. All the best pal. idg69

Come on Leon give us an update as what is going on I hate the silence when the share is falling. Is the price falling because of the warrants or is their bad news on the way. I topped up last week at 3.95 just before the warrant news what bad timing.

Anyone have an email address for Leon or Colin?

We are now in to the 6th consecutive day of a falling share price. The BoD need to improve on and be more accurate with their news flow.