Jubilee Platinum - JLP Stream Log

Woeful state of affairs - market cap of £29m 2.6p and falling. Is it in an opportunity to buy? or would that be madness? This drop is going to take a long time to come back from.

Like I keep saying, if management continue to neglect the interests of their shareholders and operate in pig headed, deceptive manner the SP decline WILL continue. The market is NO LONGER buying into the same "jam tomorrow" that ends up as more dilution tomorrow, story. Change the game plan as TheWeeble articulates below, or this is a lost cause.

Hi Breezy, I've been out all day and just got back in. This is really pitiful now, LC has done so much operational/engineering work on the ground over the last 2 years. I listened to the VOX thing for 5 mins yesterday and it was awful. CB sounds like some old lost soul and not a credible CEO/Chairman of a multi-million pound business. He needs to step aside as he's more damaging to the business in his current guise. I bought another £500 worth last week at 2.8 ish. I'm not buying any more now and prepared to just leave and forget about them. I bought AFC at 12p, sold at 17p and just bought back in with twice my holding when they fell to 10.8p. I'm going to trade in and out with these for a while and see what I can claw back. If the Kabwe thing drags on JLP will go back to 2p. If its sorted soon then it'll rise to 3.5-4p but who knows. Wishing you well my friend and good to hear from you. idg69

Hi idg69 I can not believe we are back down to this level as in the last two years we have made great progress. Just had a listen to colin going on about jlp becoming a mid cap company i think he needs to have a look at the share price and he might realize that nobody believes him. Tempted to have a top up at this level as i do not think it will drop much lower.

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Hi Wiseguy. If you don't need the money and have the time why not hold. I've been here 3 years, another 2 or 3 won't make any difference. I might even buy a few more if it drops further. Crazy to think we were at 4.4p in August 2015 when you consider the work that has been done on the ground since then.

Thanks idg69, sound advice will hold and see what transpires over the next 6 to 12 months

Hi Wiseguy, 50% down - I'd hold for a return and then take a view. Switch off if you can for a while. JLP aren't going anywhere as a business and will be around for a while. I watched 30k disappear to zero when BHR went pop in 2015 and regret not bailing out at 50% but JLP is a different animal. They have revenue coming in and Hernic will deliver profits this year. If they can demonstrate their environmental credentials to the Kabwe mining license bods it could be the start of something big. I'm going to stay put despite being down in the dumps at breakeven having been 100% up this time last year. Wishing you well. idg69

Exactly my predicament, we've been rolled on so many issues for so long now, my belief in this company has and it's management's ability to deliver has pretty much wained to nothing. Do I cut my losses 50% in the red and save myself the daily pain or hang in for a miracle?

Morning all, it is a disgrace Breezy I agree. It's hard to know what to do for the best now. Do we bail out having been here 3 years having missed the opportunity to take profit, or just sit it out. The Kabwe debacle could end up being an opportunity but then again with JLP's past history I doubt it. Not feeling very positive at the moment boys. Good luck all.