Jubilee Platinum - JLP Stream Log

Looks like we are heading for 3p again. Got a feeling more warrants are going to be issued.Iam getting very frustrated with this share now. The company keeps moving forward and the share price stays the same.e

Yup, I have that dream also frequently . Would pay my house of in cash

Meant to say bag not back!

At least whilst we are flatlining around the 3 - 3.5 range we're not going down. I wish they could get that mining license in the back though, that would really light a firework under the share price - Sibanye could then swoop in and snap us up around the 25p mark - what a fairy tale that would be. We can dream can't we.

Beaufort's note out this morning on Research Tree: "Earlier this week Jubilee published an update focusing on production rates at its Dilokong chrome tailings operations. The announcement also highlighted the potential to quadruple chrome production now it has operational control of the Dilokong primary concentrator. This 75,000 tonne per month plant needs feeding with run of mine ore, which means Jubilee will be looking to nearby chrome mines for supply. There is some uncertainty as to whether Jubilee will become the permanent operator of the primary concentrator. However, as the current operator, and given its agreement to mine and process Dilokong’s tailings for up to 10 years, we believe Jubilee is well placed to take full control and ownership. This might also include the Dilokong underground mine and would transform Jubilee into a significant chrome player."

LOOKING good

See the email from Leon at the LSE discussion forum. Gives quite a lot of answers. [link]

It all sounds positive and upbeat but clearly the markets are unimpressed. Years of false dawns and not delivering on promises as left JLP out in the cold as far as the big investors are concerned. I'll just sit it out for now and see where we get to before the year end.

They should really get an outsider next time they write an RNS and ask them to interpret it to see if it is what they meant. This RNS was pointless.

seers was derampers many months ago. then ramper, and now back to deramper... his timeframe for investment only for a couple of mths lol