Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Kalan, I bought my first JLP shares in March 2017 at just over 6p, I then topped up in March 2019 at just under 3p and continued to add more over the years. I should have sold at 22p but didnt, I think I fell in love with the share and didn't look at the bigger picture. I continued to buy back down to 10p when I sold most of them, I then bought them back at 8p.
I currently hold over 750000 shares and loosing money but I think things are about to change , not planning on selling anytime soon.
Good luck all ITH.
IRH could not come out and sign a J/V deal with JLP prior to the unveiling of the deal with the Zambian government .
I would think all of the negotiations have been complete and the RNS will drop very soon.
It has been a long wait but I believe our patience will be well rewarded in the coming months.
Does anyone with more knowledge than me have any thoughts on the 9m shares sold today at approx 3:13.
Surprisingly it doesn't seem to have affected the share price but I'm a bit puzzled with these transactions.
Any thoughts would be appreciated
Had another look at yesterday's presentation, in the Southern Limb we have
12000 copper @$7534=$90mil earnings
1200 cobalt @$51500=$61mil earnings
If we read this across to the Northern Limb which hopefully will be up and running in approx 18-24 months then the figures are staggering.
40000 copper @$7534= $301 mil earnings
4000 cobalt @$51500= $206mil earnings
This is a potential $660million earnings from Zambia alone and there will be more to come.
Little wonder EYES ARE FIXED ON ZAMBIA
DYOR
I wouldn't put too much faith in the buys and sells, I off loaded 4 x £10k this morning and they are all showing as buys.
I have been buying JLP for years now and today was the first time I have sold some ( still holding over 200k shares) I believe this will continue to drop in the short term as will most shares.
Hoping to buy back and make a few more shares, I still have confidence in the company long term.
AIMHO
Happydays,
I agree with your comments especially good end of year results but I think we have flat lined due to an institutional investor buying up shares at a previously agreed price. The same thing happened when Slater was buying in, the shares flat lined for 3 weeks before the RNS came out about their investment.
I put some dummy buys in this morning , normally the large quantities sell for a lot less but I was getting the same price from 10000 to 275000 shares, 14.5062, really unusual.
I think the results will be great and I believe this investor is of the same mind and is buying before the results are announced.
Just my own thoughts
Mickie, I always love reading your posts for the facts and your enthusiasm.
Your latest post has mind boggling numbers but they add up and this will be achieved within the next couple of years.
The bigger question is where we will be in 5 /10years, if not taken out by a major.
The progress we have made in the last 2 years is unbelievable but I'm sure we will use these profits to expand into Europe, Australia and South America.
How large can this great company become.
DYOR