RE: As expected.18 Apr 2024 08:53
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.