Member Info for Bluebelly

Correct Shuvlin, some will have sold at the bottom or on the way down. They'll always be winners and losers. I hope you become a winner shipmate.

I plan to hold until retirement, and maybe keep most of my holding if they become a dividend paying company. I looking at 4-5 years wrt retirement.

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I cant imagine many holders need it to tripple from here!

If they bought into the story at 15-20p, why would they not top up at 5-10p.

As someone mentioned JLP will be getting noticed by traders/chartist and FOMO will start to kick in.

I bought some at 15p, but also bought at many other levels on the way down.

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Exactly Buttermilk! The market hasn't priced anything into JLP's SP it just back to where it was at the start of the year and it's meant to be forward looking.

A good update wrt to copper production and this will rerate to the upside.

Some lucky buyers will already be up 20%. Over the next 12-24months all LTH's should be doing very well too.

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Kalan. 'weekly chart showing JLP broke through 200 day moving average and is retracing back towards it (at about 5.85p).'

I don't see the 200 day average on the weekly chart at 5.85???

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Hi Kalan, Yeah I was 'One day Rodderz' on II chat. Seems a long time ago now. Didn't like LSE chat as much, but there was nothing else on offer, apart from ADVFN, but wasn't a fan of that site.

As discussed on Monday, hopefully I will get my top up today and then this can breakout to the upside :-)

It's never that easy!

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Kalan: I noticed you avoided saying 'then I'd be a millionaire by now.' :-)

As long as we have our health, who needs billions of £'s. JLP might get us to the millionaire level, if we can live long enough!

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Thank you ODIP.

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Is it p.r.o.a.c.t.i.v.e. I.n.v.e.s.t.o.r.s. ?

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We're all traders to some degree SeisNav. Some of us are longer term (Middleberg days). I'm the mug that sold out after holding for 5 yrs before the last rise due to the world shutting down. Then bought back in at a higher price, I now have 15% of my original holding. Roll on the Dividend payments :-)

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Hi Kalan. I'm happy for 'No News' until Friday, as I plan to buy more on Thurs. However, I'm not normally that lucky. Planning a final top-up of 20k shares and hopefully let it run for a few years. I've no idea where this could be in 5yrs time if everything planned actually happens. But it has to be a £B company.

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Hopefully IRH deal DD is complete and we get news which can move us out of the Long Term downtrend. The 200DMA is easily within reach. The 50DMA can support us all the way up!

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We may not get another update on projects, but we are expecting news.

From the RNS for the unaudited results,6 months to Dec 23:

Outlook:

Concluding the Waste Rock Project acquisition with our partners IRH by mid-March 2024.

Should be reported in a couple of days, if successful!

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They are leaving before their reputations are tarnished.

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On the hydrogen production:

My new boiler is designed to work on a mix of up to 20% hydrogen(Future proof??). We don't yet have energy storage via batteries for generation from wind turbines at off-peak times. It would be useful to use electrolysis to convert this cheap energy and dilute the gas main or use for HFC vehicles. A bit away from JLP, but not much happening here without the news we are awaiting. All well, thanks Kalan.

On another note: I believe SMR's are the way ahead for the grid to avoid. We are probably 10 years behind in the planning for these though and will probably see blackouts/brownouts if gas generation is phased out like coal was.

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EV's are not proving that popular!

https://www.telegraph.co.uk/business/2024/02/05/electric-van-maker-arrival-collapses-administration/

Although platinum may not be used in these, as Platinum membranes may be substituted in the future.

By the time it turns, JLP will possibly be known as a Copper producer.

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BT 'so long as you get a 10 buck increase in the chrome credit'

$10/t profit on 1.7mt is quite significant in my view.

PE ratio's etc all adds to the investment case, but you just write it off when it suit you.

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1.7 m @ $10 rise = $17m

or 44k @ $200 rise = $8.8m

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Two trades 10 secs apart, more like a 'CFD Rollover'.

'CFD rollover is the process of extending the expiry date of a contract for difference (CFD). This means you can "roll over" your current positions to the next day and avoid having them expire. However, keep in mind that there may be extra costs associated with this process, depending on your brokerage.'

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We are lucky they got the placing away at 11p. Now sub 10p, no buyers interested yet!

The only good news is that Mr. Poddar bought £300k's worth at 11p in the placing, he could have saved £30k+ if he'd waited.

An absolute disaster is unfolding before our eyes, 'death by a thousand cuts'. Market cap of £12m, priced to fail.

One sniff of a profit and this will rerate massively.

That's the Risk/Reward we are facing!

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I guess a lot of people may be thinking the same, but are not willing to take the plunge/risk. Only a few sellers about also.

Tiny volume today.

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