Member Info for Bluebelly

kieffy, Sorry about spelling.

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Thanks keiffy. Great information. Especiaaly 'In the future, wind turbines will ideally be connected up to a hydrogen gas network rather than an electricity grid. Transporting hydrogen by pipeline is significantly cheaper than transporting electricity by cable. Furthermore, pipelines serve as an inherent buffer, as a result of which significantly less harmonisation of supply and demand is required, one of the challenges that ‘regular’ wind and solar energy face.'

I hadn't heard of this option before!

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THanks kieffy. That's an interesting article,. Things are moving slowly, but definitely improving wrt Fuel Cells. Hopefully that will grow exponentially over the next few years. Every wind farm should have a Hydrogen production facility to use the off-peak cheap energy to produce the hydrogen. The grid already asks power stations to turn down output on high solar and windy days. This will increase as more come online.

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So the extra shares don't have to last as long. GR can increase again if required in 7 months.

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Soon, around Oct, the 200ma will be below the 2.7p resistance. After this time a Golden Cross will occur to allow it to smash through the resistance and confirm the uptrend is in place. Investors and traders will pile in then. You can get in early and at or near the bottom of this cycle. IMHO.

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PS. I don't trade, so could be way off the mark. However I will not hold everything if 10-15p is hit.

I think TheWeeble has his finger on the pulse, but airs on the side of caution, where as MH has similar knowledge but has a more positive outlook for the company. I'm glad you're now holding TW.
The SP for JLP is IMHO undervalued at present, at over 5.5p which we held for four weeks in March 17 we were overvalued (I wish I had spotted that). That will occur again as JLP is not a failing company. Next time though, that peak will be 10-15p, placing us around the mid tier company level, depending on shares in issue. At that level it may be sustained due to FTSE entry, or just a slight pullback for new investors.
To sum it up, I see JLP as a bargain right now and will buy as funds allow.

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MVZ 'The share price is not moving because capex construction costs will be known by 31 Aug 2018.'

Keep up. The last tqo RNS's have stated 'I am confident that the team will conclude the enhanced circuit design and project financial parameters by the end of Q3 2018.'

With you sitting on the pessimistic side of the fence, I find it funny that you state 'end of August 18'.

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and SP remain range bound.
Today six sell of about 300k shares and the price is dropped.
There must be a few shares available, possibly from BMR to prevent any rise.

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Seems the norm now for the next few months.- Previously $900-$1000.
That should kill off the last few mines producing PGM's.

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Sumo.
Your comment at least made me grin, well, the the first bit - Stay happy buddy.

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Why would you take on all the risk?
You receive all revenue generated until debt is repaid. After this point you continue to do all the graft and receive a pittance. They provide the feedstock.
You may do this on your 1st project of this nature to prove it's viability, as a showcase. After the methodology is proved you can command the Lions share, may be. As Platcro and Kabwe are progressed over the next few months,we should hear about the next projects in the pipeline as the Company moves to a position of strength and a SP to match.

All IMHO

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Hi Rosewall.
My comment was directed at Mynytho's statement 'particularly those with little or no revenue yet, such as BMR, JLP before Kabwe gets going.'

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'particularly those with little or no revenue yet, such as BMR, JLP before Kabwe gets going.'

Are you confusing revenue with profit?
Shouldn't the market give some value to Kabwe stake?
Wres is valued at £20+ million with no revenue.
Tungsten/wolframite can be a very awkward substance to extract. See Prem African Minerals!!!

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850k @2.25p - So close to closing the gap. Then bounces back up. May be tomorrow.

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There's plenty of room for both.
Hydrogen can be produced during low demand periods for electricity as a by-product from wind farms. Peak charging period for battery cars will still need the grid to ramp up, using hydrocarbons at present.
I work in energy from waste and recently we have been asked to reduce our export (MW's) to the grid during low demand but sunny or windy days.
Get Hydrogen production and fueling stations in place for HGV's/buses. You know it makes sense!!

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An historical low, my chart only goes back to 2005. If miners are producing, they must be losing $k's/$m's.

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I didn't expect it to come back to close the Gap at 2.24/2.25.
We've literally given up all the gains from extra ownership of Kabwe project.
Is there another reason for it to lose all the gains son quickly. I think BMR are selling down further to get hold of cash for listing on the NEX.
In part I'm happy to return to this level as I wish to buy more shares prior to DCM/Platcro and Kabwe coming online.

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JLP need to show some good returns on the existing projects before they assign any value for Platcro and Kabwe. Over Q4 we should see improved recovery at DCM and hopefully a license for PGM production. Hernic is carrying the company through Q2/Q3 DCM upgrades. 2019 will be the year to remember if all goes to plan.

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The sp went from 1.8p to peak at 2.6p, a 40% rise in 3 days. The volume was also higher. I believe they are advised by their Nomad to report this, or release any information they are in possession of. To keep and orderly market!!
Also by the 4th Aug 15, the SP hit 5.45p. We are at a similar point now. People are waiting on the side lines. There will be a stampede of buying, TheWeeble etc. because it could fly before the news due to anticipation and people don't want to buy higher than they sold at.
Hold your shares and relax, it will go so much higher than it will fall from here. Can anyone see JLP going into administration? I thought not!!

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Thanks Micro, the title subject is now grammatically correct!
Your comment ' I expect that appointment will be made once PREM has a secure revenue stream and well in advance of preparing the next half-year Accounts.'
Last year the interims were released on 27/09/17. I wouldn't call that 'well in advance'. With PREM's history of poor governance wrt financial statements, I would like to see them get ahead of the curve, or may be this will be the next excuse for a late release of the interims. Good to see GR planning ahead - I've lost all faith in him after the last 2yrs.

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