I think they stopped quarterly reporting about 6 months early! The SP could drift big time with no news because the story hasn’t really unfolded yet! Support levels are almost invisible?
Now that Colin appears to have sorted out XTR maybe he can conclude the off-take agreement for GLR with JLP? Should provide a fillip to both companies?
RE: The futures bright, the futures JLP28 May 2019 15:06
Hi Tiger, totally agree that the future looks very bright. Sometimes it would just be nice for the SP to show the same. Just assume nothing much is going to happen until we get a major Kabwe update. The quarterlies only seem to move things short term then back to floppyland!
Just pondering how low it can go on this bounce back! As per usual needs news to keep the volume going otherwise it just dries up after a couple of days! One of the problems of letting the numbers do the talking when they are so infrequent and becoming less so!
Presume we need official confirmation that PlatCro is up and running before there is any movement in the SP? Being AIM I’m coming to the conclusion that real results only matter and forward valuation doesn’t!
Be careful what you wish for! Look what’s happened to the SP with Kabwe! Something much larger would crucify the SP for years unless Glencore pay the Capex?