The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
The suggestion of it being classified doesn't make sense to me, the ramp up and timing is already announced in an RNS, thus why not shout it from the roof top to increase interest. I'd also expect that if they are to be ramped up by end of the month, production is starting now. What concerns me a bit is what is not RNS'd if they are keeping stum ie.a problem or another delay. I hope not and hope Dru may get a reply clarifying. Maybe they are planning a special feature?
Mikie, more funding puts me off the share completely. Year after year jlp have watered down investors whom as a result have lost money or seen little return. I expect as a shareholder some reward else what's the point. I really do hope to see a period of consolidation and share holder reward first.
Wow, what a run OSB are on! Back up to post results level today. Over 20% return in a month or so + a dividend payout to come. With a fair value estimate of 520 plus, hopefully still a way to go
The point I am making is that JLPs delays mean it is missing out on record prices. Sorry but the small amounts sporadically produced to date dont float my boat. I have just wateched the cocoa price spike burst and copper looks bubble like too. JLP need to be up and running to benefit, this is my frustration. Current price peaks mean very little until they do.
Shuvlin I don't agree shares in issue is immaterial. Shares in issue X share price = market cap. Every time more shares are issued: 1. Our share holding is reduced and 2. A return to 20p is harder as market cap has to be higher ie the company bigger, more profitable than previously to meet that sp. For me, the share giveaways, particularly the number and frequency of warrants, really irritates. 120p could be possible actually if there was a share consolidation, but obvs we would not necessarily be much better off!
I now just report got reals abusive posts rather than respond. I encourage others to do the same in the hope the profile may eventually be banned. The discussion here over recent days has been quite good, a bit too optimistic for me but good nevertheless. I have some skin back in. the game, but remain very cautious. I think the question of the 10m million raised and what is happening with it is a good one. Hopefully we get an update on this soon.
I doubled down on the drop post results and have done very well from it. Now thnking of investing more as thnk this has a long way to go as well as the great dividend and buyback.
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.