Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Got Real, i dont blame anyone but me for holding when I shoud have sold, I dont even mind you ramping and being really positive about the stock - in fact, I encourage it if that is your genuine belief and actually, appreciate your often informative posts and indeed views (on the share). But equally, I want to hear and debate the counter agruements, concerns, curve balls etc. What annoys me is when attempts are made squash, embarass and scilence others (and admit I they then respond in kind). As you say we can all make up our own minds. The aim is to make money, right. Some will buy and be happy to hold I guess and have probably never looked on here. Regardless, I genuinely dont think it makes any difference to the share price (what we say on here) but may help those of us more active to be in and out at the right moments or to our levels of risk. We are all presumably here as we think the share may have legs given its near the low, be it now, in 6 weeks or whatever.
Gray1, similar postion here. I am up on JLP however (over a long period), at one I was VERY up! Sadly like you, I held at 20p and downward, in fact bought some more at 17p all carried away with the hype of new highs - I guess partly explains my aversion to rampers now and why I started posting (initially pure frustration at the downard path from 20p). Suffice to say I learned a lesson here. I still hope to recover my jlp profits, but with a much more cautious approach. For clarity I have a largish portfolio and this is my more speculative pot.
Kalan I wouldnt sweat it, i learned the hardway not to be tricked into things by gotreal et al and there buy buy buy mantra regarless of when, current sp or news. As I said, I am also out now (lessons learnt from holding when I shoud have sold or buying into the ramping. Personally, I (and I suspect others) would have done a lot better here had they heeded Bushy's warnings - whom got reals m,any faces bullied off the board disgracefully and seemed to take a sick pleasure when another share Bushy had fell. They were like a pack of dogs. YES at the moment I expect the price to fall back a bit due to the delay though think 5.5p was the bottom. Longer term I think there is money to be made IF they deliver copper and dont them immediately jump on some other mass project or pivot, sucking up all the money (as they often do) resulting in it stayting jam tomorrow. I dont think that makes me or others a bad people. Its called investing to make money whcih is kinda the point. Fighting the tide and deynying relality in the hope of duping people to buy when you know fine well it is likely to have a lull doesnt sit well with me tbh.
Mikie we will have to politely disagree. It was the usual aggressive and accusatory performance as well as more boundless ramping. No one is going to buy shares because got real says so (no matter how many upticks adds with the many disguises). People are not daft, they want to read reasoned debate of the good and bad to make a balanced investment decision - just completey ignoring or painting over issues and questions is not going to encourage investment. Got real also implies we are bad should we buy and sell and instead should all just hold - that is just silly not sure about others but Im here to make money, sorry for that.
Dividend is fantastic and seems very stable. Looking at trades, there are many small buys so guess people are investing set amounts on a monthly basis. I put in a lump to enjoy the dividend, but also decided to set up a monthly top up especially at this price level.I see it as a kind of savings account, but with an amazing interest rate!
With a great divi and outlook very impatient to see the re rate here! Current low sp does not make much sense to me for divi reasons alone - a hidden gem!
That all sounds wonderful on the face of it Mikie, but I want JLP focused on delivering what is presently in front of it, proving things up, stabilising and crucially building some cash/reserves making it a safer investment rather than a gamble. Mining is very high risk and very expensive which puts me off in this volitile climate. I fear it means stretching way to far, needing more money etc etc.What I want to see is a return on investment and strong foundations first. It cannot forever be jam tomorrow. I appreciate others may have differing views, but imo think they need to prove they can walk before trying to run.
Sumoskier, it is not really delays that make me negative, more so I believe as shareholders we get miss-led, are told things that are not realistic or just plain untrue. As a result, especially those previously burnt increasingly take what JLP say with a pinch of salt and I think that shows in the share price not really ticking up as it maybe it would have - added to never ending dubious warrants issues and dilutions watering down peoples investments. If and when JLP do finally deliver, sp will no doubt respond, BUT think value will remain on lower end of the range for the above reasons. I am currently almost totally out as I am fed up of waiting while missing out elsewhere in safer bluechips (eg even Lloyds has done me very well recently). I am still here watching ans prepared to jump in should they get it together, but its delayed again and 6 weeks is a long time for an investment to sit doing nothing in the current climate.
On a more serious note, Gray1 I appreciate the Copper forecast earlier and agree it would be good to hear some others thoughts on this. I haven't crunched numbers but makes reasonable sense to me and shows fair value to be a circa 100% upside. just need to produce it.
LOL I have an amusing picture in my head of a rather sad individual deperately loging in and out of different profiles to big themselves up - do us a favour and at least try to sound a bit different, its getting boring....
It all looks sensible to me and generally in line valuations, though there are those much more switched on to basket prices and costs of extraction than me! Imo the "known unknowns" of the region and its challenges mean current price is broadly reflective of that Chrome/PGm position. It shows how crucial the chrome switch was to be fair. The growth of course, is the potential of copper. We continue to wait with baited breath!
Gray1 - got real / ardbegger profiles are the same person, possibly a third profile too. Its so pathetic and blatent it is untrue. Its pointeless arguing. Best bet is to just keep reporting the profiles when they post abuse/bullying and hopefully they will eventually be banned.
Gray1 there are increasingly some good (and returning long term) posters on here now with much needed open discussion also taking account the traits of JLP - and their input is very much appreciated and valued. Please dont be put off posting and asking the hard questions.
The only way we win here is to be very careful, scratching below the surface. Ignore anyone saying its a no brainer or a certainty. Its absoutely not and JLP have a loonng history in which I have won and lost. We are here in hope, currently I am currently mostly out though annoyingly bought a few literally the day brefore the last RNS. I ve since sold a few of those at loss as I fear this may drop further during this latest delay. The big question is - will they ever deliver the copper? - they have a lot to prove and at the moment imo are not doing a great job of proving it. Lets hope they do but I am applying an abundance of caution and question everything and do not buy into it being a "no brainer", "certainty" etc.
Ard Begger says below that IRH have entered a binding agreement with JLP. Much as Id like that deal to be done, I am not confident that is the case as it has not been definately stated as we had expected to hear. What was actually said in the RNS I felt was vauge/coy leaving room for doubt and interpretation. Have they put money in yet? who knows? - that is the joy of JLP