If you want me to analyse a stock for you just drop me a line at sqmir@hotmail.com - Today I look at the shares of Aquarius Platinum (AQP), Jubilee Platinum (JLP), Premier Oil (PMO) and offer some share price targets.
Featuring Alba Mineral Resources (ALBA), Jubilee Platinum (JLP), Paragon Entertainment (PEL), Plutus Powergen (PPG), Stratex International (STI)
Featuring Arria NLG (NLG), Jubilee Platinum (JLP), Mosman Oil & Gas (MSMN), Red Emperor (RMP)
John Meyer of SP Angel this morning comments on Jubilee Platinum (JLP), Hummingbird Resources (HUM), Obtala Resources (OBT) and SolGold (SOLG) as well as offering a detailed macro view on the news that is shaping global mining and the AIM mining pond.
Although we seem that the recovery here at Jubilee Platinum is very much on the way on the daily chart, it is also evidence that this recovery has been almost a year and a half in the making.
This week Jubilee Platinum (JLP) has announced a 1.6p per share placing to raise £600,000 “to ensure that no momentum is lost in current business development activities with particular attention to the simultaneous execution of the company's platinum surface processing projects”. We are aware that it was offered more but took enough for its needs and no more. For that we applaud it. The shares now trade at 1.8-1.9 - that is on an offer to bid basis more than 15% up on our tip price of amonth ago. But there is more to come.
Next up in the videos of presentations from UK Investor Show is Colin Bird of AIM listed Jubilee Platinum (JLP). Enjoy.
Recently-recommended Jubilee Platinum (JLP) has updated on the performance of its Middelburg smelter operations and power plant and that it “has made good progress in securing funding of the construction and commissioning of the (platinum surface) projects expected to commence in H2 2015”.
Jubilee Platinum (JLP) yesterday announced that is paving the way to greater things by disposing of non core assets and updating on the PLA acquisition. Leon Coetzer, the CEO, stated ''The Transaction brings together strongly complementary assets forming an enlarged group consisting of operational mining and processing assets.'' The shares now trade at 7p valuing the company at £25 million – the year low is 5.375p and the year high 13.5p.
Rather like the road to hell, the technicals of Jubilee Platinum over the past couple of years have been paved with good intentions.
Overall it can been seen from the daily chart of Jubilee Platinum (JLP) that we have been looking at a cross between a 3 steps down / 2 steps back up decline, and what the optimists might suggest is a range, but which from a technical perspective really is a “sell into strength” bear market.
Jubilee Platinum (JLP) is a recommendation from my t1ps.com days which has far from covered me in glory - the shares currently trading barely above 2009 lows of 7.125p. An announcement today though has sent them currently more than 3% higher to 7.875p and the following reviews this…
I tipped Jubilee Platinum (JLP) at 17.75p back in 2003. It zoomed ahead to 60p plus. It is now 8.75p valuing it at c£28 million. Is it worth hanging on? One can build a credible bull case but also a bear case as I consider below. I interrupted the holiday of chairman Colin Bird to discuss this and my conclusion follows at the end.
