At least whilst we are flatlining around the 3 - 3.5 range we're not going down. I wish they could get that mining license in the back though, that would really light a firework under the share price - Sibanye could then swoop in and snap us up around the 25p mark - what a fairy tale that would be. We can dream can't we.
It all sounds positive and upbeat but clearly the markets are unimpressed. Years of false dawns and not delivering on promises as left JLP out in the cold as far as the big investors are concerned. I'll just sit it out for now and see where we get to before the year end.
Hi Doobie, welcome to the board, there's not many of use here on DTM. Note that we can see the ii banter from the likes of Jonmor and friends but they can't see ours - you probably knew that already though. I like your optimism, we need some of that around JLP. Wishing you well, all the best idg69
Morning Breezy, if the license is granted you'll definitely get your car this year, if not then it may be next. At just shy of 18p (17.7 to be precise) I recover all my BHR & CPP losses which I think is achievable with he right news. I do think this will get pumped to high heaven on the mining license being granted, you only need to look at the likes of AMC from May of last year to see what could happen and the subsequent fall. I'd like to ride a spike to 20-25p and then come out altogether with some profit for my troubles. I'd like to take a break from the markets as I think we have the mother of all recessions coming our way later this year. I f I can get out and rest up a while before this then that would be my perfect scenario. Everything comes down to timing. Wishing you well my friend and lets hope for the best. Cheers idg69
KayCatso makes a very valid point in refraining from the bashing of Jonmor. If you bought years ago on all the hype well above 20/30/40p etc and some much higher, you'll be nursing massive losses and have every right to be bitter. Newbies getting giddy and ramping away because we've gone up .5p in a week ned to put some perspective on things. .5p when you paid well over 20p is not going to claw back your losses. I'm more than happy with the tick up but realise it can fall back in a fraction of the time it takes to rise.
Afternoon Breezy, Was getting quite giddy mid-day at 3.6p on the climb. Pulled back as expected but still up a little each day is fine with me. Even 1 or 2% every other day would suit me fine. You'll be ordering that new car sooner than you think!
We've taken to hovering between 3.25 - 3.35 following the news. We could do with an institutional investor building a stake here. That might just get this share on it's way. Come on JLP I want my money out before the big crash of 2016 takes hold.
Hi Breezy, a new car courtesy of JLP would be very nice. I agree that the mining license now would not be ideal. I like the sound of 10p and then the license news dropping on the mat. Cannot understand the Lonmin rise, the Sunday Times had a damming forecast on Lonmin for the medium term and advised a strong sell. If they do go to the wall that would really accelerate JLP's opportunities in the PGM sector. A good solid tick up by the odd 1-2 percent per day will suit me just fine. Keeping the faith (for now) idg69.
Afternoon Breezy - that was quite a change of tack yesterday, I'm now firmly back in a holding pattern and feeling a little more comfortable than earlier in the week when we were drifting down to 2.7p. Had a little windfall on Monday courtesy of an old Aunt that passed away, would have liked to have snapped another 50,000 at 2.8 - 2.9 yesterday but the cheque only cleared this morning and I missed the opportunity. I'll buy more if we dip below 3p again but if not, I'll just sit on what I've got. Have a good weekend and al the very best. idg69
People getting giddy at 3.2p this was over 5p (albeit briefly) in August of last year and we hadn't processed a bean. I'll be happier when we are past 4, 5 & 6p and continuing north! Sentiment can change again tomorrow and this could be back at 3p. Whilst I'm pleased with the news and todays little rally it's a long term and sustained rise I'm looking for. Let's now hope we can move onwards and upwards. Good luck all. idg69