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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
Agreed buttermilk there is a big focus on chrome, however concerned there are now many racing to join the frey - which may bring prices back down to earth. At least jlp are producing now and benefiting from current inflated rates. I just hope they do eventually get copper going before lots of new chrome capacity switches on.
Very annoyed given I stupidly bought a few yesterday on the drop in case of an early good news RNS... Sadly it is the same old story and feel JLP they have been almost blatently dishonest. Clearly they knew ramp up was not going to be achieved on time and yet said nothing, in fact continued to say it would be end of the month.
While Copper is a big prize, it remains, as ever, jam tomorrow. This is a timely reminder that this company still cannot be trusted and thus extreme care is needed. People often comment wondering why the share price is not moving despite the potential and improving Copper prices etc - I feel this is a good lesson why - in the case of JLP unless it is actually delivered, there is a high chance of delay, a "problem" that is never their fault... or they all of a sudden just wont mention it ever again! I really wish this company would learn and treat shareholders with a bit more respect. I expect this to drop substantially frustratingly. I remain very dubious on the IRH thing, I feel they were very vague in the last RNS - it did not say agreement signed (which was supposed to be months ago). Anyway maybe a chance for a top up or re entry if you are gambling they may eventually deliver some Copper in meaningful volume.
Kalan, I for one appreciate your input - by definition we are all traders. I also am out now and keeping an eye open for a pull back poss re entry. Nothing to be shamed of/
There are some dubious motives on here - why is ardbegger asking what everyones holding /stake is ? non of their business is my reply. Also claiming just a 6% JLP stake yet every single one of this profiles posts are only on JLP board - very odd. Perhaps this only one of many profiles by the same person whic is even more dodgy
Well, Its fair to say I regret selling at 55p! I thought it was being held up by buybacks, but seems to have gone crazy this last week. Typical! Not sure what to do now, I like the management (another world compared to JLP) and wanted to get back in, but really not sure if I have missed the boat or if this is a bit of a spike? I remain cautious re long term Platinum demand.
Ardbeggergot real. This is a forum for investors to post their opinions. if you are looking for facts or take everything as fact I am afraid this is not the right place for you.
No worries I will keep reporting every single one of your bullying abusive posts agaist me or others on this board.
As I said. I think there will be a pullback, indeed there already is. But you feel free to crack on and buy some more at this price.
Ardbeggergotreal for the love of god will you filter me and pi*s off. Honestly I am sick and tired of your drivel. I was not staiting fact, I was stating my opnion. You really are boring me now. You are like a bully in a school playground. grow up.