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Shares in Plutus PowerGen PLC (LON
PG) lost over a quarter of their value today after the small UK power generator warned that regulator Ofgem’s plan to cut TRIAD payments to local embedded generators could “cause significant harm to the UK's industrial sector, and in turn consumersâ€. Ofgem said yesterday that it is ‘minded’ to reduce the TRIAD benefit, currently £45 per Kilowat (kW), to just £2/kW over three years starting in 2018, which would mean big cuts in the revenues earned by small power generators.
idg69 Great news and a lot more good news to come. To be honest i would preferred the licence to come when the share was around the 10p mark but not complaining the share price should it 10p soon. Happy days idg69 lets hope many more to come. gg
Breezy, Breezy, Breezy (and jaja) Did we think this day would ever arrive? I think a cool calm head is in order today. There is a lot of excitement in the air (naturally) after such a long wait for the license. Patience really does pay off. It's fantastic to see such a rise but it does attract the nutters who spout off silly figures and get giddy. The good thing is that JLP is much more than just the mining licence, Hernic, ASA and potentially 2-3 other tailings projects all bolster this to be a solid investment moving forward and not just a spike off the back of the licence. Enjoy the day - they don't come along that often. All the best friends, idg69
Dropped over 30% this morning following the OFGEM statement. Just when it was all going so well. Hopefully, just a bump in the road.
I have a terrible feeling that this share is not going to deliver as much as a lot of buyers, including myself, initially thought. I do hope I am wrong as I am heavily invested!
Has Jimmy bought some shares in Providence. From the words he uses it appears That way. Very Strange If he has now bought some shares !!!!!
Hi Breezy, I think you and I will be in a similar predicament once this really starts to rise, and I'm getting more confident that it will be this year too. Looking at the increases some stocks are making there's no reason why JLP can't follow suit once some profits are reported and another couple of tailings projects are secured. If the Tjate license drops then who knows what could happen. 16.4p recovers all my losses on BHR & CPP and then who knows. It will be very difficult to hold my nerve and stay in the game once losses are recouped. This could sail past 16p and well in to the 20's and possibly 30's over 12 to 24 months. My mortgage comes up for renewal in Aug 2018 so I've got time to sit this out and play the long term game. Good luck my friend, we both deserve some. idg69
Hi idg69 8 bagging from here would be a dream come true and life changing and i do believe it could happen this year. The trouble is i think i would probably sell if it four bagged from here and i would than be gutted if it did eight bag. if
Hi Jaja, JLP 8 bagging from here would be something to behold - I'd be mortgage free and contemplating retirement, we can dream can't we? I'm staying patient and not going anywhere in 2017. Good look my friend.
idg, anything is possible. how GLR up 8 bags already. so, JLP also possible to up 8bags. we just need to wait for the right news. and platinum price is up, also helping the case.