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A more positive start to the day for JLP whilst Lonmin fall below the 1p mark and Premier Oil drop further to almost 50p. Anyone grumbling at where JLP are right now needs only to look at the wider market to realise we are doing pretty well. If Lonmin go bust which is probable with their debt and old costly mines, there will be a huge correction in the platinum price in the next 12-24 months. JLP will be in a fantastic position to take full advantage of this. The one concern I do have is that JLP get taken over too early ie below the 15p mark. I'd like to see this between 20-30p before a take-over is muted. Though we need to worry about that later in the day. Let's get a third and fourth tailings project signed up next.
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