Jubilee Platinum - JLP Stream Log

What has caused the sudden interest in mining and oil stocks since the 29th Sept - have people just realised they are all a little too cheep.

What's going on here this morning? Just go to show how quick it can turn. Look at Lonmin - would you have put your house on Lonmin at 15p? probably not, but you'd have doubled yer money in just one week. I'd like to see a sustained and stable rise with JLP but I'm sure everyone would. Fingers crossed it keeps it's momentum. GLA

Starting to move up.

Sibanye cash offer for AQP

Good afternoon idg69. I think what is holding this back is the lack of news on the funding and the terms of the finance. Once we get the funding sorted I think we shall see a re rate.But it taking a long time to sort out and this is what is holding the share back. All the best breezy.

Something is holding JLP back and I'd love to know what it is. The 5.3m going in the bank on Friday will be going straight back out again on Monday to pay for the construction of the processing plants. There is a lot of share activity in the mining sector but JLP isn't budging.

JLP NPV our stake worth 4.7bn. i take that

Afternoon Breezy, All quiet on the JLP front. I was sorry to see this drop back from 4p but seems to be holding steady at 3.2 - 3.3p New traders expect too much in a short space of time, some of the long term holders have been here for years watching this head south. The VW scandal hasn't helped the platinum price at all and couldn't have come at a worse time. This may take another 6-12 months to climb out of the doldrums, people will just have to be patient. Let's hope hydrogen fuel cell cars take off in a big way over the next few years and the need for platinum rises accordingly. I'm staying put and will sit this one out. all the best idg69

Don't think this is going to move much until we get news on funding.

RNS OUT