JLP need to be really careful with their arrangement with Lonmin. They are not in a good place financially and we could do without taking on any bad debt having worked so hard operationally over the last 2-3 years. A sale is not a sale until the cash is in the bank!
Good to see the fresh interest and a bounce off 4p - though it should never have dipped below 5p. I think it was Breezys' e-mail to CB that put a firework up the BoD to get an RNS and webcast sorted - well done Breezy!
Hi Breezy, I'm at a loss as to what to do for the best with JLP now. I really thought the Tjate license news would be the start of a long and sustained rise but it wasn't to be. We just have to remain patient I suppose. I'm not prepared to trade JLP for fear of being left out in the cold when/if it starts to rise. I'm also twitchy about having all my eggs in one basket again. I'd like to be out of the market all together and take some time away but until I'm back in profit I'm not prepared to cash out now. SXX are on a roll at the moment which should make you happy. I watched SXX drop to 6-7p on 2 occasions and never had the gumption to have a punt for fear the council would block the planning application - what a clot I am. Good luck and let's hope things take a turn for the better real soon. All the best idg69
JLP the great unloved share of the moment - the downward trajectory continues. Will we go below 4p? I really did think 2017 could be our year - it's not looking that way at the moment. The BoD don't seem to do any good whether they put out news or stay silent. We really need some big news to get this moving.
Cheers Buy BAO - how soon is soon? What's your time frame? This was at 4.5p in August 2015. I've been waiting over 2 years for this to go north, would rather I didn't have to wait another 2 years. All the best idg69
Looking at the historical charts we are back where we were in Aug of 2015. Hard to believe when you consider how far the company has progressed. I wish they'd sharpen up their act in terms of reporting to the markets. They come across quite unprofessional even to a novice investor like me. To attract institutional investors they need to be on the ball with their facts and figures in order to be taken seriously. I'll reserve judgement on the Lonmin tie up until we hear more detail (if in fact we hear anything) I'm tempted to top up another grands worth but cant bring myself to whilst we are still heading south. Come on JLP let's get back up above 5 to 6p and continue north - North Miss Tessmarker, North!
Hi Breezy, it's a tough share to hold is JLP at the moment. Who would have thought at 6.5p with all the positive news flow we've had we'd be back down closer to 4p again. I can't help thinking like you, that something is going on with the mm's to supress the price. I look at SOLG 12 month chart and think why can't that be JLP? At least we have money coming in a new projects coming on stream which is more than a lot of these junior AIM companies. I accept nothing goes up in a straight line and the occasional dip is to be expected but 35-40% down on recent highs is barking mad.
Pitiful, absolutely pitiful that this is now below the price before the Tjate license announcement - I know I sound like a broken record but come on, this is just ridiculous. This really should be gaining traction now and moving up not backwards. How much progress does one company have to make to get noticed by the wider market and not just the private investor brigade. Feeling frustrated today - have you gathered this?
Can't believe we have dropped 34% since March 7th after the Tjate licence was issued. That's one heck of a pull back considering all the progress the company has made in operational terms. Money talks and only when some profit is demonstrated will the markets sit up and pay attention. Many an investor will have had their fingers scorched on these junior miners in the past. Patience will be rewarded big time but it's going to take longer than we had anticipated. A takeover offer would really light a fire under this share but I'd rather that didn't happen until we are worth considerably more. Good look and sit tight. idg69
I'm baffled! Does someone know something going on behind the scenes? Hard to say. Could be the middle managers playing tricks. Could be back up over 5p tomorrow - the answer my friend is blowing in the wind!