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Bushytailed and his “Minime” Bittermilk can spend all their time here discrediting every RNS JLP issues and attacking those who see a bright future for JLP.Bushytailed beloved HUM has also seen it’s shareprice fall but he will not have a word set against him
He keeps rabbiting on about what a genius he is for predicting the shareprice fall -this was solely down to luck-the unforseen power and water problems in Zambia,the fall in PGM prices and the current economic situation .
There is genuine believe here that JLP has turned a corner and people such as me who are in well below 4p have not done too badly over the last few years with a bit of trading on the side.
Finally as all investors know -“Past performance is no indication of future performance”
Bushy/Bittermilk still waiting for your anticipated operating profit figure to 30/06/24
“ JPL is not worse than SLP or AAL I give you that, but it is not doing better.”
How much chrome and copper is SLP producing? They have all of the downside of the PGM drop but none of the upside of the chrome rise. Why do you think they just announced a deal where they are sharing earnings on chrome for the first time.
Here's sumo...
At 20p a share he asked and I quote...
"Why sell now, enjoy the ride"
SLP has done miles better, you need to add their divis back in to smooth out the performance.
You assume they did not sell during run up (Not very likely). Btw JPL was not an outlier then. Money expansion lifted all boats. Now we are back to earth and probably JPL is not worse than SLP or AAL I give you that, but it is not doing better.
You get an instant expert the same way you get instant coffee or mashed potatoe. In all cases the product bears no resemblance to the real thing.
Feels like Leon and go are picking up the pace on deals. Much of the RNS will start delivering shortly. Hopefully more frequent comms will be the result!
Re their early post.
A company has to prepare statutory accounts in accordance in accounting standards and statutory disclosure requirements -these are then audited and filed within a certain period after the year end -as far as I am aware JLP have always met and complied with these requirements
Instant Expert might have a long wait.
By the way how can you get an “Instant Expert”
You become am expert through a combination of training and experience over many years -so the whole concept of an “Instant Expert” is not logical
Good results and or substantial increase in the price of the PGM basket will change the direction of the SP.
The communication confirms and justifies our reasons in believing that we are invested in the right company.
GLA and DYOR
Jerk.
Hi Butter. Leon didn't buy when the Sp was under 3p, and Colin bought precious few. Quite a few people did buy then, however, and they are still smiling!
Morning Dorf,
There certainly was plenty of good news. A lot of small investors have certainly left over the last 12 months for many reasons and that certainly is one. Communication does appear to be improving and is probably due to the chairman and realisation by Leon, change was needed. Plus it is probably much easier now, with good news rolling off the production line like sweets in a sweet factory. Many of those investors who have left, will now probably be considering buying back in. This certainly does feel like bottom to me, especially with copper looking set to really gain momentum in October, only a few weeks away. The earnings for the current year are going to be significantly higher, just waiting for the market to realise this. Now could well be the turning point.
Keep posting, at least the message board is alive.
I am buying as soon management is buying. But it is probably cheaper for them to use free warrants.
"Waiting for this to crash to 85 million mcap "
With ( by then) circa 4 billion shares I make that around 2.15p a share.
Even without dilution I won't be paying over 4p for these.
Simply don't have to.
IE
Mickie
What is surprising but not unexpected is the reaction of the share price as it appears that good news(and there was plenty in today's RNS)is being discounted because of previous bad communication.
It appears that we have to wait for earnings before many will believe again.
In the mean time it does give a buying opportunity to those of us that can see the enormous growth opportunity.
And that expansion MM64, has now considerably increased the cash flow again as per the highlighted increase in production from todays RNS. 24,500 tons already traded!
Bushy -there is only one reason you have called this right -the fall in the PGM basket price which applies to any PGM producer-Ths and Slp.to name two.
Your posts are nearly into double figures this morning trying to discredit the company following a positive RNS and anyone who sees it as so -and you say you’re not desperate -you actions show otherwise .
Still waiting for your anticipated figure for operating earnings to 30/6/2024 -put up or shut up!
It was rhetorical Moneyman...
But hopefully the penny will drop for you shortly
Per RNS 8/6/23 -expansion of chrome and Pgm footprint -cost $8 million -financed -“through cash flows and balance sheet”
Next line from the rampers...
"Well dilution is never ideal but it's only 15% and it atleast advances us closer to being a 1 billion mcap producer"
Lol Moneyman... I called it right every step of the way from north of 16p
How desperate do you think I actually am?
Well Mr. Desperate, with the growth and scaling up we are witnessing, that is certainly my minimum exit target. Time must be getting close to you having to reincarnate?
Bushytailed and “minime” Buttermilk are working very hard today and your posts are getting more and more desperate -you are working very hard today but I think very soon you will realise the tide is against you and your “house is built on sand foundations
If you actually bothered to read the RNS and listen to recent interviews the expansion is at present being financed out of current earnings and balance sheet leverage.If you actually bothered to look at the balance sheet you would actually see there is very little debt compared to total assets .
By the way I agree with you in respect of BMN -loss making and highlevel of debt relating to Orion.-totally different to JLP
By the way rights issues can be positive if they enhance earnings and are not to keep the lights on
Hear he is mister £2 a share ha ha ha...
You only need another 250% to break even on your call...How on earth do you even have the nerve to post here?