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Good afternoon idg69. I think what is holding this back is the lack of news on the funding and the terms of the finance. Once we get the funding sorted I think we shall see a re rate.But it taking a long time to sort out and this is what is holding the share back. All the best breezy.
Something is holding JLP back and I'd love to know what it is. The 5.3m going in the bank on Friday will be going straight back out again on Monday to pay for the construction of the processing plants. There is a lot of share activity in the mining sector but JLP isn't budging.
Afternoon Breezy, All quiet on the JLP front. I was sorry to see this drop back from 4p but seems to be holding steady at 3.2 - 3.3p New traders expect too much in a short space of time, some of the long term holders have been here for years watching this head south. The VW scandal hasn't helped the platinum price at all and couldn't have come at a worse time. This may take another 6-12 months to climb out of the doldrums, people will just have to be patient. Let's hope hydrogen fuel cell cars take off in a big way over the next few years and the need for platinum rises accordingly. I'm staying put and will sit this one out. all the best idg69
Don't think this is going to move much until we get news on funding.
Evening Breezy, at least we're back to where we started the day and not down nearer 3p (which is where I get twitchy. I started with JLP down at 1.5p and 1.3p which hopefully we won't see again. My two ill timed top ups at 5p and 3.9p have hiked my average up to 2.85p now which is not ideal when we're hovering between 3-4p. I'm in for the long term but would like this comfortably above 5p to sleep a little easier. I wanted to pile all in back in April but held back as that's what I did with BHR and we all know what happened there. I'll keep my nerve on JLP and just hold out for big gains in 2016. All the best idg69
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