Afternoon Breezy, no broken bones I'm pleased to report. Just my pride that hurts after a few tumbles at the end of the day - tired legs and gloopy snow on the last run home of the day isn't a good combo. I agree that the share price is poor considering the recent news flow. Would have expected much more on the license news alone but it was not to be. I'm quite happy to sit tight this year and see what happens when the financials are released. 9 days in Spain will be perfect this time of year, have a good trip. I've got 3k on the sideilnes to top up my ISA before the year end. Might dip my toe back in the AFC waters if they drop back nearer 11p - I still think they maybe a reasonable punt. All the best idg69
Back from the mountains to find both good and bad news with JLP - delighted with the new tailings projects which can only be a good medium term strategy but yet more dilution which the markets clearly don't like. There needs to come a time when they finally draw the line at issuing new shares like confetti and have a share split/consolidation taking the number of shares down under the 250m and out of the penny share category.
Agreed Breezy, I know we are up considerably over the last 2 years but this share should be riding a wave with the news flow recently and the work that has been done on the ground over the last 18 months. It's just been dilution after dilution. This is the long term consequence of getting in to bed with Darwin 3 years ago - like BHR which they contributed to killing off, JLP will have issued warrants to Darwin for years ahead and we are now feeling the consequences. JLP will rise dramatically I have no doubt but until then we have to sit on our hands and bide our time. I finish tonight for a week skiing so will be offline for a while. Wishing you well. idg69
Staggered to see this falling back again today. Outstanding warrants are the bain of this shares life. We were 4.5p before the license was issued, can't believe so little value is attributed to the mining right. Was expecting this to climb gradually up from 7p. Any rise to the boil is quickly tempered with gradual fall.
Nothing goes up in a straight line - expect a few days were it pulls back but didn't expect 10% retrace. I would have thought there would have been more momentum behind the Tjate licence though, looking at what AMC did in years gone by. Saying that, a smooth rise beats a massive spike any day of the week.
That's better - now showing 6.28p close which is more like it - up 35% on the day. Same again tomorrow please. Signing off now for the evening. idg69
Google finance showing a 5.45p close up 17% on the day. What just happened at the close? we should have closed well up on that. Let's see what happens at the opening bell. Shares in Snapchat up 41% on the opening price of 17 dollars - 27 billion valuation for a company loosing money hand over fist, huge debts and no revenue stream. What a crazy world we really live in. When will people wake up and smell the coffee? Bit of an anti-climax to the end of the day.
Google showing 91m shares traded today so far - wow! Looks like we are holding up nicely for a 6.5 - 7p finish. This bodes well for the next leg up and over 10p.
Hi Breezy, I agree, the mining license from a 10p base would have been better but the main thing is that they've got it. I suspect a lot of day traders will jump on board so I expect quite a bit of volatility over the coming days before it settles in to a trading pattern. The further from 2.9p this travels, the happier I will be. Happy days indeed. You and I should meet for a beer when we eventually cash out - and I'm buying! All the best idg69