Jubilee Platinum - JLP Stream Log

Not the best of days for JLP - we're on the slide south again. Come on JLP, let's get that finance deal signed off and get some security behind this share. Without the finance deal this company is in a precarious position and without the income from PowerAlt there is no revenue coming in.

@riddler_smitb @ImDaGoodGuy @AimCasino @TopTradersADVFN @Shareresearcher loads of contracts Not out in the market [link]

I really tire of the ridiculous bickering on the iii and LSE boards over JLP. It achieves nothing and offers no value what so ever to anyone considering investing here. I wish they'd give it a rest. Everyone's getting twitchy and impatient because the price isn't going anywhere in the short term. This may take a year or two to really get going and not overnight like some people think. Patience, patience. idg69

Hi Breezy, Thanks for the update. We have loads of outstanding warrants which will be exercised over the next year or so. We'll end up having over 1 billion shares when all the extra shares are finally out in the marketplace. I'll bet Darwin are the holders of the warrants from when JLP got in to bed with them in 2013/2014. It's the kind of thing they would have insisted on when lending to JLP - it smacks of the old BHR days but thankfully not to the same extent. I made a small profit on UBI buying at 92p and selling around 110p but couldn't have foreseen todays massive drop - yes I'm glad I'm out. It's a shame as it's a company with great technology and potential but can't realise that potential. They were supposed to be the next big Cambridge Technology company. It just goes to show what a gamble shares can be. All the best, idg69

idg69 More warrants have been exercised.

Hi idg69 I bet you you are glad you sold out on UBI as they have dropped today to around 65p. JLP seems to be holding up despite the warrants which is a good sign I think.

What RNS Breezy? Has another one come out or are you referring to yesterdays?

Not the RNS we wanted.

Hi Breezy, it was a good RNS but unfortunately with commodities in the doldrums and Lonmin in the news for all the wrong reasons, we are being lumped together with Platinum miners (which we are not). We are going to be a low cost processor of already mined ore in the short to medium term and potentially a miner in the long term, though I suspect we will be bought out within the next 2 years. There is still the dark cloud of finance too, if we get it (which I think we will) JLP will double or even triple from the 3-4p range we are currently locked in. I'm sticking with this one for at least 2 years or 20 - 25p whichever comes first.

I thought it was a good RNS but I expected the share price to move a lot higher than what it as done. I think when the finance is confirmed this will go north.