Come on JLP - bounce up off that 3p baseline, you know you shouldn't be down there. Pull your socks up and get cracking. It's time you were heading north.
This is so disappointing to see down near the 3p mark (too close to my average now) People are selling out of frustration and nothing else. Only wish I could top up but don't have the funds.
Cheers Breezy, good to here from you and hope all is well in your camp. 10p would be a cracking price within 6 months. I am so tight for cash at the moment that I can't put another £1 in here until well into the new year. I've a big tax bill due at the end of December and I daren't gamble with that money - HMRC wouldn't be too happy if I couldn't pay them. JLP have had a pretty good year really, as you say 1p to 3p is not be sniffed at. It makes me think if only BHR could have gone from 1p to 3p - I'd have no mortgage now and how different life would be. Real restraint and patience will be called for when this does start to climb next year. We'll have to refrain from cashing out too early. I wish I could switch off from stock watching as it's not healthy and detracts from business. What will be will be. Have a good weekend my friend and keep in touch from time to time. Cheers idg69
What a day over at Lonmin - not good at all for long term holders. I can't see them surviving despite the dilution and funds this has raised. Their debts are too big and they are non profitable at current platinum prices. Can't see any Lonmin money coming over to JLP either. If you've lost most of your shirt on one Platinum company, you're not going to re-invest what's left in another - despite the massive differences between JLP and LMI. Anyone grumbling at how JLP are doing should have had a big reality check today. Compare our one year chart with 99% of mining and commodity companies and we are holding up OK. As TDT said on LSE the BoD have done a sterling job just keeping this company afloat over the last few years. 2016 will be another good year for JLP. All the best idg69
Not one single share on my watch list is in positive territory! Looks like I'm watching the wrong shares! The Motley Fool article is spot on in what they have to say - the only problem is they write so much drivel that sensible articles don't carry much weight. We are so different to Lonmin and I've said this all along. Until the sentiment towards mining stocks changes, the requirement for platinum increases and the price of platinum increases we will stay below 4-5p. If the 2 tailings projects come on stream as planned in 2016 and a third is announced then this will climb strong and steady. I'd like to add more at this level but don't have the funds pre-Christmas. Good luck all I think we'll be OK with this one. All the best idg69
Not the best of days for JLP - we're on the slide south again. Come on JLP, let's get that finance deal signed off and get some security behind this share. Without the finance deal this company is in a precarious position and without the income from PowerAlt there is no revenue coming in.
I really tire of the ridiculous bickering on the iii and LSE boards over JLP. It achieves nothing and offers no value what so ever to anyone considering investing here. I wish they'd give it a rest. Everyone's getting twitchy and impatient because the price isn't going anywhere in the short term. This may take a year or two to really get going and not overnight like some people think. Patience, patience. idg69
Hi Breezy, Thanks for the update. We have loads of outstanding warrants which will be exercised over the next year or so. We'll end up having over 1 billion shares when all the extra shares are finally out in the marketplace. I'll bet Darwin are the holders of the warrants from when JLP got in to bed with them in 2013/2014. It's the kind of thing they would have insisted on when lending to JLP - it smacks of the old BHR days but thankfully not to the same extent. I made a small profit on UBI buying at 92p and selling around 110p but couldn't have foreseen todays massive drop - yes I'm glad I'm out. It's a shame as it's a company with great technology and potential but can't realise that potential. They were supposed to be the next big Cambridge Technology company. It just goes to show what a gamble shares can be. All the best, idg69
What RNS Breezy? Has another one come out or are you referring to yesterdays?
Hi Breezy, it was a good RNS but unfortunately with commodities in the doldrums and Lonmin in the news for all the wrong reasons, we are being lumped together with Platinum miners (which we are not). We are going to be a low cost processor of already mined ore in the short to medium term and potentially a miner in the long term, though I suspect we will be bought out within the next 2 years. There is still the dark cloud of finance too, if we get it (which I think we will) JLP will double or even triple from the 3-4p range we are currently locked in. I'm sticking with this one for at least 2 years or 20 - 25p whichever comes first.