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Like you, JLP is my biggest holding. Although I rarely post on here, I have been invested since the Braemore days. I can only remember being above water once in that time, when the SP reached the Dizzie heights of 7p on the award of the the Tjate licence. However I am glad I didn't give up and continued to increase my Holdings.
This past year has been extremely rewarding and made it all worthwhile. GLA.
Yeah, I agree he could have burned his boats. I've been around since the Braemore days but have never really trusted what CB says. Too often he has said one thing and done the complete opposite. I had hoped, by now that the SP would be much higher, as it should be, but hopefully this rise will have some way to go. I should probably traded a bit since the opportunities have been there - could have done very well if I had got the timing right. C'rest La Vie GLA
What I take from that sentence is "The future tailings don't exist until they have been mined and processed to remove the metals that Newco are interested in. At that point the tailings exist and are then the property of JLP"
According to the RNS issued on 29th March, it looks like MILTON GROUP PLC, London took 11,514,015 of them and now own 6.01% of the Company. Can’t see them selling anytime soon, either.