Considering the manner in which this company is presently being managed, it would seem more probable that the SP hemorrhages anything up to another 50% of its current value, as apposed to any substantial positive breakout.
Anybody out there that knows of any shares that actually go up in value would you please let me know!
Couldn't agree more Seasawpat. Guys keep hammering away at them on these boards and maybe it will eventually sink in that we, the shareholders , are NOT OK with the current state of our investment
Exactly, this is the ongoing problem, pick on the messenger (PI's) instead of getting the message!
I couldn't bring myself to listen to this mornings webcast but looking at the share price this afternoon it looks like normal service has been resumed - and by that I mean webcast = drop in share price! Pleased to hear CB wasn't present otherwise we'd be sub 2p now.
Said nothing that hasn't been said before. Clutching at straws. This will further damage the SP. The market is looking for proof of real profit. Nothing else is going to change the negative sentiment
In other words CB hiding from shareholders, thank goodness for that. Otherwise nothing concrete to report except a reasurance of "jam tomorrow"
While management continue to operate this company in a pig headed and deceptive manner the market will continue to punish the SP. I suggest that if we don't get a change of attitude and game plan by management, this is going to get a whole lot worse for existing holders
What remains to be seen is how substantial and how sustainable the "bounce" is. Let's not forget we still sitting with a 50% loss in SP sustained over the last 6 months. An upturn is long overdue but I wouldn't be beating the drums quite yet
..... To ATA or we are all going to take a hit
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Re: JLP Stream Log 9. Ordinary Resolution 7 In accordance with the Disclosure and Transparency Rules this resolution must now be passed to allow the Company to use electronic forms of communication. Your Board is proposing that they should be given authority to supply documents and make information to members available on a website. Before the Company can communicate with a member by means of website communication, the relevant member must be asked individually to agree that the Company may send or supply documents or information to him by means of a website. The Company must either have received a positive response or have received no response within the period of 28 days beginning with the date on which the request was sent. Shareholders can complete the form enclosed with this Notice and return to the Company at the address indicated on the form. The Company will notify the member (either in writing, or by other permitted means) when a relevant document or information is placed on the website and a member can always request a hard copy version of the document or information. Breezy,what do you make of this?
Sticking my head above the parapet. Been lurking for some time, mostly laughing at the jonmore banter so thanks for that. This is my first post so hello all. I am invested and really positive about JLP’s prospects, short-term looks good, mid-term looks better and with Tjate there is incredible potential in the long-term. Jonmore bashing seems to be in vogue and I do think he is baiting you all for entertainment but he does also raise some valid questions. So for what it’s worth here is my take on JLP today. Funding is sorted, no short term issues to worry about. ASA is in Production: 3000 tonnes produced generating £188K in revenue (£62 per tonne), targeting 6000 tonnes in May so I expect first quarter revenue to be around £372K. We don’t know for sure what that revenue represents, is it for the whole project or is it JLP’s portion of it. We also don’t know what the operating costs are – Turnover is vanity, profit is sanity and if they make a decent profit they can invest in the others project with less debt and a greatly reduced risk of dilution. JLP have stated that it will release detailed financial data when Q1 production is complete so I expect we will get the answers to the questions on the ASA numbers towards the end of June after they have done due diligence on the data. I think short term expectation is high and patience is low on this stock so unless there is new news I wouldn’t be surprised if the SP falls back a little when people realise they won’t get a financial update on June 1st. When we do get the figures and assuming they show a reasonable return I’m expecting a good reaction in the SP, however this is AIM and anything can happen. JLP have also promised a platinum processing strategy at the end of May, the noises the board are making are very positive. This is really encouraging and we all assume this to mean new revenue opportunities and partners but until we get the “who, what, when and how much†all we have is hope and sentiment. Hernic is in construction, I’m comfortable enough in the company to deliver this and it is a true asset but we are looking at Q1 2017 before it starts to generate income and value in terms of the SP. I’m struggling with ConRoast and I’d welcome any insights, I don’t see it as an asset, as far as I can tell it hasn’t added any value in real terms. Then we have Tjate, on paper absolutely fantastic but in reality without the Mining Right that’s all it is, a piece of paper. The really frustrating thing is this isn’t something the board or any of us have influence over, we are held firmly in the hands of South African politics. I do believe it will come and it will have a seriously positive effect on the SP but when will it be? We don’t have a clue!
Re: JLP Stream Log Thank you idg69, that makes good sense. Really appreciate your response on this. All the best.
LSE input For some reason I can no longer see posts/comments from the LSE bb. I am toggled to receive them but no longer do. I noticed this recently when the total number of user messages/post entries against the topical shares/companies reduced significantly. Any thoughts please? Thanks