Spot on guys...... Like our dear friend Donald said beware the African sh1ole!
And more corrupt than SA which is presently one of the most corrupt places on the planet.........rather unsettling, beware LC and CB.
Unless management change their addiction to the continued issue of new shares as their only means of implementing so called "progress," the market will continue to punish the SP and 1.3p is surely a reality. Throw into the mix the dismal PR machine and well all that "jam tomorrow" is looking less and less likely to materialise. Only hope is change the current business model, consolodate what we do best until we start to show a real profit and bring in some new blood. JPL has world class technology on paper, the implementation is dismal.
DDD spot on..... Sure Kabwe could be profitable to Jbl, who knows when? Have we gone from a company leading the way in tailings processing to one of getting involved in suspect deals involving other African governments...... Treading on thin ice. As for "cleaning up Africa" both literally and figuratively.......best of luck with that concept!
.... And to think that they diluted our shares to buy into this!
...... Typical, not a word to shareholders from management on this latest fiasco.... Just bla, bla, bla via 3 rd parties.... And the SP continues to react accordingly
...... The only reason JLP is not on "the brink of bankruptcy today" is because whenever they need more cash they just issue more shares.......... Is this sustainable? The answer to that my friends is in the current SP
Like we keep suggesting to both CB and LC, your investors are losing patience with the "jam tomorrow" and rubbish SP. Get your acts together or hire the right team.......if not the market will continue to punish the SP and we the shareholders remain the cannon fodder!
It's great to have a positive take on JBL's future..... We all need this as it has all begun to get rather tedious. However I do have an issue with this "almost debt free" Is this not at the detriment of shareholders as managements go to option for capital is to just issue more shares......... Is this a sound business model? And yes we have heard the argument "it was a deal we could not refuse" I have been told there is always another cracking deal around the corner. We should be consolidating... This has now become obvious. Unless of course management doesn't give a hoot about the SP.
The mere fact that once again management has been vacant on the issue makes me edgy.......just feels like more of the same and we know how the market reacts to their constant lack of clarity, which seems to be bordering on deceptive.