Jubilee Platinum - JLP Stream Log

Hi Breezy,

idg69 Great timing I think we will both do very well here and hopefully recover our BHR losses. Bet your glad you are out of UBI as they are under 30p at the moment. All the best breezy.

Morning Breezy, might have just inadvertently timed a decent top up. Bought another 45,750 at 2.95 not realising the RNS had been put out at 11am. I'm holding tight at 300,000 shares now and will see where we go. It hasn't made any significant difference to my average either. Have a good day matey and let's see where e go from here. All the best, idg69

Great RNS lets hope this is a turning point for the share price and we never see sub 3p again.

Hi Breezy, I really don't know what to think on the share options, most companies have a favourable share options scheme for employees, but I don't know enough/anything about the proposed number of shares that are possibly on offer and whether this results in yet more dilution - I presume it does, but to what extent I don't know. We do seem to be just about holding up at 2.8p but for how long I don't know. The markets are all over the place at the moment with some massive losses for some and some weird gains for others. It's all down to timing as to when you buy in. Look at Lonmin, if you bought at the bottom at 38p you'd be quids in big time now, whilst everyone else was seriously under water. It's the same with JLP, if you started when we did around 1.5p it's not too bad at 2.8, but if you bought years ago at 15-30p and averaged down on false dawns and promises you'd be well hacked off with the BoD and thoroughly frustrated. Truth is, I'd like to be out of the market altogether but until I claw back some of my losses Im staying put and will ride it out. Have good weekend yourself and let's see where we get to next week. All the best matey. idg69

Good morning idg69. Some are saying the price is being held back because of the share options and I tend to agree with them. What do you think about the share options. I would be a lot happier if they bought them on the open market like the rest of us and this would give the market more confidence. We keep getting good news and the share price keeps going down for some reason. I think 2.80 will be the bottom.Hopefully we should see a bounce next week. Have a good weekend breezy..

2.8p - Take a deep breath and relax. There's nothing much else you can do. I did expect a bit of a steady rise this year with finance sorted and production coming on stream but it's not looking that way at the moment. Patience is the order of the day, let's hope we are rewarded for it.

Evening Breezy, it could be madness or a very shrewd move - only time will tell. I've just been hit today with an unexpected repair bill on the wife's car so that's put paid to any top ups this month - a big chunk of my rainy day fund has now gone. You're spot on about the license news igniting the share price. I think it will more than double. Our market cap is so low at 28m. With the license in place for a resource conservatively valued at over 1 billion, this could multiply 5 or 10 fold. It'll spike big time then pull back significantly before rising again in the long term - that's my prediction for what it's worth. I only hope the license comes through before the big global meltdown so I can cut and run. Mines going under the mattress for a few years. The next crash will make the 2008 banking crisis look like a minor blip. The whole world is over extended and a big (massive) correction is coming our way. I also think we need to be out of Europe when it does. This is just my opinion and I could be wrong of course. Good luck to you and lets keep everything crossed for some big gains this year. All the best idg69

Hi idg69 I had a moment of madness and bought another 42000 shares at 2.93 . Later in the year we should be in full production on the platinum side and we should start to make some serious money and the platinum price is going up. The main reason I bought more shares is because the licence news could come anytime and I think the share price could double. If it does i might take some profit. I think its worth a gamble at this low price and i wish you good look in what ever you decide to do. All the best breezy.

Courageous boy Breezy - Have you been taking those brave pills again? I've got a couple of grand in a rainy day fund and I'm hovering over the buy button myself. If I thought I could be in and out and make a few quid I would but I feel this will stagnate here a little while longer. Buying at this price wouldn't effect my average price either - decisions, decisions - not my strong point. What's your stance on the Brexit? In or out?