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You are correct trautw, nothing has changed, it's private investors losing patience and moving on. I could have made more money on any number of stocks in the last 6 months than I have with JLP over the last 2 years. I'm not sure about buying more as I'd rather diversify my portfolio than piling too much in to one stock. I wish you well and don't think we'll be disappointed in another 2 years time. JLP will have it's day, I just don't know when.
I dont think they should be paying any bonuses until the company makes a net profit, they already earn too much for a loss making company
Nothing has changed in the fundamentals of Jubilee. I am busy gathering some more cash and think it is a good opertunity to top up.
If I thought this kind of news would only move SP 1p I would have sat on sidelines - unexplainable
Correction - company will only have 30m post drill of Druid/Droombeg as I missed fact Total funds will only cover PVRs portion of drill.
Finally we have Positive News , The French can find Truffles too.... Here's to a SP Rocket & Baby all may( I say May) be forgiven
No idea why SP has not moved significantly on this news - again I question TORs implication that there is no liquidity in this stock
I like this deal - we are now sitting on a company valued at 100m which will have 50m in the bank, and close to a free drill on two huge potential targets
Morning all, disappointing to see the slow decline erode recent gains. Confidence in South Africa as a whole is quite low at the moment. Could be a while now before another RNS comes our way. Let's hope the next one provides some hard financial data showing the true position of where JLP have come financially. All the best idg69