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More confetti shares killing the existing share holders, surely not. JLP's fantastic management never do such things... Que the rampers "its only a few insignificant percent" well a few percent issued again and again and again and again = a lot of percent.
The increases at the moment are being driven by the share buy backs, offsetting sells. The problem is, once the buyback is completed (was it £3m in total?) I fear the price may drop back again.
"This was Heroric's very first post when the SP was 16p.... and yet he's still here"
Sorry do you have anything other than more abuse to add? Yes I was unimpressed at 16p, I am even more unimpressed at under 5p and I think quite rightly scepticale of what is said, or not said. It has been often not delivered or spun. In that same time, I note that you and a couple of others (whom are all abusive) have ramped non stop and attacked enmass anyone expressing their concern or frustrustration. Given where we are, whcih behaviour is more odd. What ever is said on here has no bearing or impact on share price, up or down.
Is it only me that is feeling concerned? The IRH deal is delayed and not finalised when it was stated it woud be, now suposedly middle of March, there have been huge sells (which make no real sense as would be loss making) and now the presentation cancelled ( sorry I dont really buy the "technical issues" thing, its not really rocket science). As is sadly so often the case with JLP, I am starting to smell a rat. I hope I am wrong.
The personal abuse from Ardbeggar and Gotreal continues and I note from Seisnav also. Once again, this is not acceptable.
So far this afternoon since daring to express my opinion of JLP (a share which I hold) on LSE share forum, I am apparently:
stupid, brain dead, a liar, without brain power, should never invest again, need a lie down, don’t know what I am doing, can’t spell. They also speculate I am fake, don’t own shares etc etc.
It is abusive, personal and is not Ok.
I genuinely hope JLP turns around and feel for those who like me have suffered JLP losses from this disastrous past 2 years.
However, I, just like others, am perfectly entitled to state my opinions / concerns / frustrations with JLP without being personally attacked by these profiles - all 3 of which are hugely aggressive/personal/abusive to anyone expressing a different / less positive view point to them.
Moving forwards, I will call out and report every instance of Ardbeggar, Gotreal and Seisnav being abusive/ insulting either to me or to others. I encourage others to do the same to make this page a better place.
Thanks to those that posted more respectfully and some good points were made.
Kalan, I tend to agree, they have not produced 3k ton of chrome (they promised this previously and they have still not delivered 3k ton in a year. This is concerning and is my point.
I have reported Ardbegger and Got Real as their posts are abusive, personal and complately unacceptable.
Still not clear what I am lying about?
Regarding Copper, until it is DELIVERED, it is not fact. They have not delivered 3kton of copper. (which was first promised) followed by increased. The rns said guidance. There is a lot in JLP RNS's that dont happen. So liar, I dont think so.
Dorfan, sorry i nearly left you out from Siesnav and Got Real (the 3 Rampateers)
You are correct that I am stupid, I am stupid as I still own jlp having watched its price collapse and was taken in by the continual ramping of some... I shoud have known better and followed the market /my gut concerns and got out before being whooped. Or heaven fobid, listended to bushy milk et al whom in truth, have predicted the share price almost to the tee. (hang on, que wild and factless impersination claims)
Cashflow was also mentioned a few months back on here, and of course the person mentoning it was immediately decried a "liar" and called all the names under the sun. Then, sure enough, in the dilution for the latest "deal" guess what.. £3m+ was for "day to day". In the RNS, reference is made to new revolving credit agreement ie to finance cash flow. Added to the that, their low cash generation level looks alarming.
As for the wider market, I can imagine they just simply dont believe JLP, can see their tragic share price trajectory followed by diltiuon to boot. Indeed, dilution at almost its lowest share price, maximising impact on shareholders and suggesting total desperation. Futher, the market hear Leon forever promising the world but then never quite delivering. Instead, before delivery, the plans change - usually promising an "even bigger world". Others just fall off the radar or just never mentioned again.
The lastest "deal" was supposed to be sorted before end of feb, but now its "mid march".. what next i wonder.
I think lots of questions remain about their ability to deliver copper in volume and still needs to be proven as they have still not poved themselves, constantly switching and chaging plans.
I am as entitled as anyone else to post my views, and by god this board needs balance.
Sorry, but how /where am a "lying"?
For the past two years you have continiously slated anyone and everyone expressing a warning, concern or frustration labelling them all apparently "liars" even though the company and management have performed abysmally. In fact the downward share price predictions you regulalry label as "lies" have been in fact, absoutely spot on as the share has fallen non stop from over 20p to so far, 5p. During this time, you have constantly ramped, saying how great it is/ is gonna be. Doesnt seem that great to me and my share losses back that up, sorry. Makes me wonder if you are really invested tbh, as I cannot imagine threre are many holders whom are not really hacked off with JLP, their dilution (which btw you also said I was lying about) and the share price car crash.
How long since they started banging on about copper? 3 years ish? Intially test volume of 3k ton /year and exponentional increase from there. Yet here we are 3 years ish on and we are not even on target to hit 3k ton this year. Its always ah yes, we are fding this , dong that and need moree money beacuse this time next year... It just always the same BS and not ever actually delivered. I am so sick if it.
Well it seems the Market is as equally unimpressed as I am. As ever, timelines extended issues and claims of fixes coupled with new dates, which as ever will no doubt not happen and be delayed again. Bad communication and clearly no trust in the market. Also I had not realised their cash and cash flow positon was so bad. Also worrying. It just never seems to get any better here, just lurches from one broken, sorry "delayed" plan/timeline to the next. I thought the IRH deal was done, but nope, not even that.
I know that tailings piles get smaller as more is processed and I dont recall regular info on remaining tailings. I also know that we, the share holders have seen no reward in the many years since many wonderful claims and promises were made. It makes me wonder where all that money has gone... added to never ending dilution income. Long term holders would be better off if the board stuck only with the first tailings site. Everyday I read the same rampers ramping saying eveyone else is lieing while share price gets ever lower and number of shares in issue gets ever larger ie my money is being watered down as well as being worth less. I only wish I had taken seriously the warnings from some whom were derided on here, but have been proved 100% correct (albeit I dont understand why they keep posting if they have no interest in the share).
I have to hand it to the board, it takes something quite special to destroy a stock in such spectacular fashion. The latest dilution really seems to have been the nail in the coffin. from 21p to 4p in under 2 years. That is lower than where it started except there are now a billion gazillion shares decimating value and size of long term holders stake. Does anyone know how much of the waste tailings are actually left at the initial processing sites as they have been eating through them for a few years now while sadly returning no value to shareholders.
Over sold you are having a laugh. A company run by the jlp jokers is worthless. They have destroyed it, forever promising jam tomorrow that never comes, at least for us, no doubt big bonuses paid to them every time they dilute our holdings on basis of yet anothter empty promise. No wonder Leon has practically no shares in the company, nor any of the others.
Yet more MASSIVE Shaerholder dilution further stealing from us. This company is a disgrace what idiot would buy into a company with such an ABYSMAL track record of shafting its share holders... Locked into a company i HATE having lost a fortune and by looks of it no hope of them ever doing anything other than issue ever more shares degrading shareholder value ever more.