And I thought 3.5p was pathetic - this is bordering on ridiculous. How can a company with an increasing revenue stream, turnover and profit on the up, debt being reduced at a fair old pace be worth less than it was 2.5 years ago when they had no revenue and no tailings contracts. I don't get it, I really don't, this should have been on a steady northern trajectory all through 2017 and beyond. I think it's all these crazy people buying in to bitcoin instead - an invisible unregulated currency that you can't spend anywhere that could be hacked and stolen at any moment with no come back if it is. We live in truly crazy times - logic and years of solid business principles appear to have just gone out of the window. JLP has done incredible work and has great prospects but the herd continue to buy bitcoin. I think having Colin Bird at the helm is holding us back - he might have mining experience but he's clearly not held in high regard by institutional investors as a solid Chairman. I'm holding tight for now - rant over. idg69
Morning Breezy, 600,000 should be quite a profit @ 20p in a couple of years time. Offloading AFC proved very wise at 17p they're dropping like a stone at the moment. Stay patient my friend and I'm sure you'll be rewarded for it. Have a good day matey. idg69
Breezy, Breezy, Breezy, You've been on those brave pills again haven't you? How many are you holding now? I pressed pause at 330,000. I spoke too soon on RKH, now dropped back from 26 to 21. Should have sold when I got back to break even and held the cash in the account for a week or two. Good luck my friend. idg69
What a pitiful end to 2017. 3.5p is pathetic. Apart from the minor spike in March 17 we've been flatlining for two and a half years.
This is certainly testing my patience at this level. Staggering to think we could finish the year lower than were we started. With the work the operational team have done, the Tjate mining licence and the revenue coming in from Hernic and DCM it's ridiculous to think the market cap is no different one year one. I blame Breezy for saying 7p by Christmas - can't think of what else it could be really! Ah ah!
Evening Breezy, I'm staying disciplined with JLP and holding for the long term. They have made incredible progress this year but the financials won't come through until next year. This business has turned itself around very well over the last 2 years and is only at the start of a new growth period. It is now on a solid and stable footing to move forward over the coming years. Get quick rich merchants and day traders aren't going to be impressed by JLP but long term holders will benefit if they remain patient and just keep buying on the dips. Have a good weekend. Cheers idg69
At the current rate we are declining we will finish the year lower than where we started at 3.6p. Logic doesn't apply to this stock - considering the progress made both operationally and financially this stock should have stayed above the 6p line after the Tjate news in March. Sentiment on the BB is very low with too much petty squabbling for my liking. Whilst I'm disappointed it's going backwards, I'm comfortable holding for another 2-3 years.
The markets are down across the board today, it's all red at the moment. We'll have our day in the sunshine at some point I'm sure of it. We could do with the politicians pulling together and getting Brexit sorted - that and keeping Corbyn out of power. Good forbid that muppet gets in, we'll all be broke for ever more.
Back below 4p - this is a poor state of affairs.
Releasing the financials certainly hasn't lit a bonfire under this share. Looks like we might have to sit this one out well in to next year to see what the next round of results bring. Trautw did doubt the full year results would trigger a rise and he was right.