Jubilee Platinum - JLP Stream Log

Hi idg69...... I'll cheer you up. I'm in since 2012 at present sitting with just over 880k of shares, having averaged down! to 3.8p. Fortunately don't need the cash at present, but hate capital lying dormant.

This share price and the weather are really getting me down. Wiseguy - what' your exposure to JLP, are you in deep? and how long have you been invested. I've been here 3 years now having started buying at 1.5p. I got giddy and averaged 'up' to 2.92 when things got interesting. I'm patient but fed up now as I'd like to see some profit. Was happy to sit this out whilst the price was stable above the 4p mark, but this latest BMR debacle is an avoidable mess. The due diligence was woeful.

It's become a repetitive pattern over the last 15 years. Management talk the talk, then a string of reckless decisions but nothing ever materialises into the profits that have been suggested and certainly never any substantial upsides for us long standing shareholders. Sorry but management has turned me from a believer into a sceptic. Will also hold in the hope of being proven wrong on this one.

Spot on MW1. Only concern is that to this point management has remained pig headed regarding any input from shareholders. To point that certain decisions have bordered on negligence with our investments ie the current fiasco. So CB can talk about the past is the past but it is actually the present we should be concerned about. PS I'm not saying the BMR deal is a no no but in these situations, facing shareholders and the market is critical.

3p finish and back in profit - just. Won't get excited just yet. Reading what MutleyWalters has to say and I agree 100%. CB should step aside and they should bring in someone with a more professional front to the business. Someone who the markets would respect and most importantly believe in.

...... Or next year

We been hearing "this is the new low" for about 6 months, as the SP shed 50% and anyones guess how much further

Good move djoe. Really should have taken more heed of Jonmor and his cynical one liners...... He's the only one who called it years ago. I agree about LC but he needs to put his foot down and demand sane direction or this is a lost cause and the SP will continue to slide. Also in the red and pissed because I believe it's all due to poor management not a lack of profit potential.

Hi Breezy, yes I'm in the red today too for the first time in 2 and a half years. Could not have envisaged this decline. I have an issue with CB but not so much LC. They need someone above LC to do the heavyweight corporate stuff and let LC focus on the day to day operation stuff making things happen on the ground. LC can't do everything, it's not possible and CB is too long in the tooth to be taken seriously by the institutional investors - just my opinion of course. I'd take 6p to walk away from this and look at other opportunities elsewhere. Good luck my friend and wishing you well. idg69

Hi idg69 Yes still invested here and today i have gone into the red for the first time. The shareprice is a disgrace and Colin and Leon are to blame. My target to sell was 25p but now i would sell at 8p as this would recoup my BHR money. Bought some OPTI last week at 57p as they are a fast growing company and i think i will do well with them. They are well worth a look at.