The market just doesn't like this share. CB doesn't inspire confidence I'm afraid to say. LC has done exceptional work on the ground and if this was any other company the share price would have been heading north in 2017 and 2018. No logic to the fall back (except the ridiculous dilution which was not needed in my opinion). If this company had a Chairman who could earn the respect of the markets we would fly.
I have emailed both Colin and Leon a few times and never had one reply.
Maybe the existence of a 50 million debt facility helped to lure the institutional investors?
Exactly, starting to sound like a used car salesman. No more BS, we need honest, constructive updates, progress reports, projections on: Australia, Kabwe, Tjate future plans, clarity on Hernic and Platcro. Secondly, why has it now been suggested that we require a rise in the pm basket price for our "jam tomorrow" I was always under the impression that was one of JLP strengths ie the more cost effective processing of tailings as apposed to traditional mining?
Haven't we heard this before?...... Doesn't look like the market is buying it this time!
We can speculate about the figures day in and day out. Fact is, unless management change the manner in which they communicate with their shareholders and start turning all the talk into cash in the bank, this SP is going one way. The market will punish a lack of sound management.
Been invested here for over two years now and the share price is getting close to my average. Very disappointing and now i think it is time for Colin to go now as he as is fingers in to many pies.
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