Jubilee Platinum Forum

Is 5p a good place to leave?

do you guys think 5p is a good place to slice 50%? i'm a first time trader

Sorry wrong chat

African Potash, the AIM listed exploration company focused on sub-Saharan potash assets and the vertical integration of fertiliser operations, is pleased to announce that it has appointed Loita Capital Partners International Limited ("Loita") as the Company's exclusive investment banking advisor and lead arranger to advise on, structure and conclude a US$50 million finance facility (the "Financing") to underpin the Company's trading agreement with COMESA/ACTESA

Evening Breezy - what happened this afternoon? Just goes to show you need to keep your nerve on this one. At one point this morning at 2.85 I was tempted to sell and take some profit as it was nearing my 2.4 average. How sick would I have been feeling at a 3.42 close. You just can't call this one as it can turn on a sixpence and very quickly. May be an RNS in the morning, maybe not, who knows. I can muster another 3k but I would need it back out before Christmas. Would like to think we'll be up at 8-10p by then but it's a gamble I'm not sure I want to take. I'll sleep on it and see where tomorrow takes us. All the best, idg69

It says on my HL account it says 2.9

Morning Breezy, It's difficult to know what to do and it's easy to be wise after the event. Hindsight says we should have taken some profit on the recent climb but we didn't. If all the news drops together and it's positive, you won't see this share for dust and it'll spike big time. If you're not around to buy on the news you can easily miss the boat. If it drops to 2.5 then I'll buy another grands worth, if it doesn't, I'm prepared to just hold what Ive got for the medium term. This predicting the future lark is really difficult. Anyone can look at historical charts and say what they should have done, looking ahead and acting on the now is far more difficult. All the best idg69

Morning idg69 Great hol thanks. I think this will drift lower if we don't get news soon we need Colin a to pull is finger out quick. I am still in profit here despite the big fall in share price and thinking about putting another grand in but don't know if I should do it now or wait for news. All the best breezy.

Good evening Breezy and welcome back from your jollys. Hope you had a great trip. You have echoed my sentiments exactly. You can guarantee if we'd sold up at 5p and taken the profit it would have continued to rise and we'd be priced out of future gains. The slide back to 3p is frustrating but I'm not overly concerned for the future. I topped up at 5p so I'm kicking myself a little but it is what it is. JLP have great long term potential and I wish the short termers would head off and chase a quick buck elsewhere. If it stays down at 3p at the month end I'll put another grand in and just sit back and wait. Good luck my friend and best wishes to you and the family. idg69

I am adding more now...