Looks like I might have missed a little window of opportunity to top up and average down a little at 2.7p yesterday - never mind. Let's see what the coming weeks bring.
I might yet see that drop to 2.5p and have to buy some more - didn't expect that when I made my comment yesterday. The sell off is way overdone on the BMR suspension news in my opinion. Let's see how this plays out over the coming days. I wish CB would step aside and we had a credible face at the helm. WISEGUY - I agree with your sentiment whole heartedly. 2.5p next stop? who knows. I'm reaching for the brave pills. Could never have envisaged we could fall back in to this territory after the last 18 months work on the ground.
Thanks Breezy. I think another 2 years sounds about right for JLP. I'm not piling in with any more money despite the price being down near my average. If it drops to 2.5p, which I don't think it will, I might buy another 100,000. My business is buoyant at the moment, I have no loans or credit cards and about 6 months salary in cash in the bank. After the BHR debacle and putting all my eggs in that burning basket I now feel much more financially stable and I sleep better at night too. I'm not prepared to risk that hard fought piece of mind right now whilst the markets are entering a turbulent phase. JLP will come good and I'm prepared and comfortable to be patient. Good luck my friend and wishing you well. idg69.
Morning Breezy, I missed the webcast this morning but I'm not sure they're that good an idea and never really effect the share price. LC always looks uncomfortable despite being very knowledgeable and CB just lacks credibility and comes across a bit second hand car salesman to me. I'm leaving my JLP holding as is despite any short term drops. I sold RKH at 27.2p pretty much at the top of it's little rise and made £500. I've taken my £5,500 cash and I'm just sitting on it whilst the markets decide what to do.
The market just doesn't like this share. CB doesn't inspire confidence I'm afraid to say. LC has done exceptional work on the ground and if this was any other company the share price would have been heading north in 2017 and 2018. No logic to the fall back (except the ridiculous dilution which was not needed in my opinion). If this company had a Chairman who could earn the respect of the markets we would fly.
What a damp start to 2018 with this share. Pretty uninspiring in the grand scheme of things. I'm tempted to have a little top up whilst it languishes at this level.
Come on JLP, 2018 is your year. Don't lets see a repeat of last year - operationally a strong year but the share place remained as flat as a pancake. Let's get this party started!
Pleased to read that Zuma has/will be superceded sometime soon. This could be just the shot in the arm South Africa needs to move forward. Let's hope the world takes notice and we see some investment in up and coming South African businesses.
Samo1337 - I am not aware of any deal with Glencore - unless I have missed an RNS which I don't think I have. It's probably just conjecture on the part of someone on the bulletin boards. Would be good if they could do some sort of JV, might lift the shareprice out of the doldrums.
Wow - we nearly hit 3p this morning. I'd hold off Jaja it could go sub 3p which you could never have imagined back in March this year. This is getting too close to my 2.9p average for comfort. We need to stay brave!