Re: Turnover21 Mar 2019 12:51
BB - noted on the number of shares, but my figures were predicated on a p/e of 12. from google, current average p/e of UK miners is 15.8, and there would be an argument that JLP is not fully a moner as they don't have the overall extraction costs, so a p/e should be higher than the average at closer to 18, which would actually mean my fugures were still conservative, even gievn the additional 20% shareholding.
I am not ramping here, but merely trying to understand the potential impact of todays RNS on the company and my investment. Been in JLP for four years now, so have seent he ups and downs, but JLP is a very different company today than it was then, and todays RNS is in my view company making.
We just need LC to get his head down to get on with delivering it now (if CB can leave him alone to delver), but i now beleive that we are at the inflection point and 2019 will finally be the transformational year.
glta