Jubilee Platinum - JLP Stream Log

Afternoon Breezy, no broken bones I'm pleased to report. Just my pride that hurts after a few tumbles at the end of the day - tired legs and gloopy snow on the last run home of the day isn't a good combo. I agree that the share price is poor considering the recent news flow. Would have expected much more on the license news alone but it was not to be. I'm quite happy to sit tight this year and see what happens when the financials are released. 9 days in Spain will be perfect this time of year, have a good trip. I've got 3k on the sideilnes to top up my ISA before the year end. Might dip my toe back in the AFC waters if they drop back nearer 11p - I still think they maybe a reasonable punt. All the best idg69

Hi idg69 hope you had a good holiday and have come back with no broken bones. Yes good and bad news no one likes dilution but at least the money is going to help increase earnings in the medium term. After all the news we have had the share price is very disappointing.This will come good i have no doubt about that.Iam off to Spain for 9 days on Saturday so will have a rest from looking at jlp.

Back from the mountains to find both good and bad news with JLP - delighted with the new tailings projects which can only be a good medium term strategy but yet more dilution which the markets clearly don't like. There needs to come a time when they finally draw the line at issuing new shares like confetti and have a share split/consolidation taking the number of shares down under the 250m and out of the penny share category.

slowly ticking up. nice.

idg69 Have a great holiday and lets hope on your return the share price is much higher. All the best breezy.

Agreed Breezy, I know we are up considerably over the last 2 years but this share should be riding a wave with the news flow recently and the work that has been done on the ground over the last 18 months. It's just been dilution after dilution. This is the long term consequence of getting in to bed with Darwin 3 years ago - like BHR which they contributed to killing off, JLP will have issued warrants to Darwin for years ahead and we are now feeling the consequences. JLP will rise dramatically I have no doubt but until then we have to sit on our hands and bide our time. I finish tonight for a week skiing so will be offline for a while. Wishing you well. idg69

The next rns will be more warrants exercised and this is what is holding the share price back. The sooner they are all exercised the better. We should than see a sustained rise up to 10p in the short term..

Staggered to see this falling back again today. Outstanding warrants are the bain of this shares life. We were 4.5p before the license was issued, can't believe so little value is attributed to the mining right. Was expecting this to climb gradually up from 7p. Any rise to the boil is quickly tempered with gradual fall.

Nothing goes up in a straight line - expect a few days were it pulls back but didn't expect 10% retrace. I would have thought there would have been more momentum behind the Tjate licence though, looking at what AMC did in years gone by. Saying that, a smooth rise beats a massive spike any day of the week.

kalan is trader, will be positive in his post when he is in. will be negative when he is out ...