All told another poor week for JLP, in fact a poor 12 months really. The share price is pretty much back to where we were this time last year despite all the work done on the ground. The board must be pretty fed up too considering this was to be our turnaround year. I suppose there's still time though. Private investor patience and good will towards the company is pretty low at the moment and rightly so. At least AFC had a good day and put me back in profit if only by a small margin. All the best for the weekend and let's see what next week brings. idg69
reluctant to 'throw' any more into the JLP pot
Hi Breezy, on Friday you would have thought 4p was pretty good for a top up and couldn't have foreseen 3.5p on Monday. I have 2k sat in my holding account but I'm reluctant to through any more into the JLP pot. Leon has done a tremendous operational job over the last 2 years and the company is much stronger for the future as a result. It's just that the markets want and need to see the numbers and not just how many tonnes of earth they have processed but real financial numbers. I'm holding for the foreseeable as dumping them at this stage would be crackers having held for 2 years. What I thought would be a 2-3 year investment could be nearer 4-5 years. AFC and RKH are both flat lining at the moment too. Good luck matey, I'm sure we'll have our day in the sun soon. Keep the faith. idg69
Hi Breezy, I agree, this sell off is crackers. I'm down £2k alone on JLP today but it is as it is. The RNS was a complete waste of time in my opinion. The market wants to see profit and loss accounts not more tonnage throughput figures. I'm losing patience as well as most of my profit. Colin needs replacing with a more professional, front facing Chairman who the markets and institutional investors can trust in. 2 years ago today July 31st 2015 we were at 3.85p. We are less than that after todays RNS - pathetic! People are fed up and rightly so of waiting around, I know I am.
Today I'm glad I didn't by UKOG on Monday - what a fickle world we live in. Come on JLP get those finances out so we can see the true picture of where we are at 2 years on.
I wish I'd bought a few UKOG on Monday morning. Come on JLP - 2017 was supposed to be the year it all starts to take off. Bit of a cough and splutter in March and we are now back on the launch pad.
Hi Breezy, 20p would be nice wouldn't it? It can be done and we just have to live in faith. SOLG did 4p to 45p within a 12 month period so these things do happen. I am a little stuck with AFC and RKH and unsure what to do. Bought AFC @ 12p and RKH @ 28p. Very little news is coming out of either at the moment and they are flat lining at current levels. AFC have had some pretty big rises over past years and could change quickly with a contract win, RKH is cheap and has performed badly over the past 5 years and can't see a big turnaround happening soon. I'm down on both, it's just whether I average down with a few top ups at these levels and sit it out. I'm more an investor (not a very good one) than a trader. When I tried to trade in the past it landed me in hot water and I'm not prepared to go there again. Have a good weekend and let's see what news comes through next week. idg69
Morning Breezy, no logic what so ever for the Lonmin rise, yes they may have posted better than expected results but they are saddled with massive debts, have diluted private investors to death (and probably will do again). It's frustrating that JLP have fallen back after the mining license rise but they are still a safer bet than Lonmin for the medium to long term. JLP need to up there game and present to the markets that they are credible, professional and most importantly that they are a profitable up and coming business. CB is involved with too many penny stock busineses and doesn't come across well to the markets. Even Rowan Karstel at BHR had more professionalism than CB when it came to fronting the business. I'm holding tight with JLP whilst looking to invest in other stocks at the same time. Wishing you well. idg69
Looks like Google Finance has canned reporting on AIM stocks. JLP showing as 0 this morning along with quite a few other stocks. Will now switch to advfn for my share prices. The 3 month chart for JLP looks dreadful I have to say. I wish this Jonmor character would disappear, he's on both ii and lse chat boards and he's a pain on both.
Welcome back Breezy, I hope you had a good holiday. You have missed nothing here but a falling share price. You'd have been better staying in the sunshine. JLP, AFC & RKH are all heading in the wrong direction for me at the moment. I don't need any cash out at the moment and have a little spare to top up too, but not sure I should whilst they're dropping back. CB director buy has had zero effect. Was feeling chipper on the mining license rise back in early March thinking this could be our year, it's not looking that way at the moment. Wishing you well. idg69