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Thanks, LJS
There are a lot of excellent posts on this thread. While, as I said, Colin did an excellent job getting JLP where it is today I also believe that he had taken it as far as he could and a change was overdue by the time he left. The company, under the new management team have taken it to new levels as stated by NTF, gotreal and MS.
NTS - just for clarification. In my previous post I agreed with Charles432 that Leon is an engineer who enjoys solving technical problem. At no time have I stated that he was " Just an engineer". I invested in this company because of Leon many years ago when he was running Braemore.
If I have have given you that impression, I apologise.
Northern
I agree with the statement that Leon (I got the spelling right this time! 😂) is an engineer who likes solving problems. However, as someone said recently " Africa is an extremely difficult place to operate in."
I personally believe Leon ,and Colin, have done a fantastic job getting is where we are now. Like many long term holders, I would have been much happier if copper had been produced much earlier but when you invest in small companies you have to expect many bumps along the road to success!
Recent events should move things along much quicker now. As the saying goes "patience is a virtue".
I believe Charles's last paragraph is basically saying that lion is an engineer who's interested is designing solutions to resolve problems. After the problem is resolved he moves on to the next problem rather than concentration on producing the goods!
³CB you started
"The fact is that for all the sceptic bashing that goes on here, Bird remains to this day, a one trick pony, kiwara 15 years ago"
I guess you forgot about JLP! CB didn't sell the company but he certainly set it up and built it along with Leon Coetzer.
Well said gotreal. If you look at the other companies that Colin heads, they are mostly involved with copper, and what is JLPs future main earner going to be?
I have over a million shares in JLP at an average price of around 4p. During Colin's stewardship they reached 21p and are heading back up there. Colins vision is why we are where we are. Not forgetting Leon, of course, who deserves as much, if not more, praise.
When did xtract reach 10p?
Little wing
I would have thought that before CB knocked back a final offer from AA that he would have already tester the market to assess interest from other parties. It would surely be foolish of him to reject AA's offer without knowing for certain that there would be other interested parties willing to offer more.
I would also agree that the 20% belonging to XTR would focus AA's minds.