Any holders out there - there's some buying going on.....

A definate hold Big Al. There is SO much potential!

DJ MARKET TALK: Numis Ups Some UK Miners To Buy
0901 GMT (Dow Jones) Numis Secutrites adjusts UK miners' ratings. Upgrades
Antofagasta (ANTO.LN) to buy from hold, Rio Tinto (RTP) to buy from add, Xstrata
(XTA.LN) to buy from add, Peter Hambro Mining (POG.LN) to buy from add and ZincOx
(ZOX.LN) to buy from add. Downgrades Highland Gold (HGM.LN) to sell from reduce,
Albidon (ALB.AU) to add from buy and Jubilee Platinum (JLP.LN) to hold from add.
Ups Antofagasta target to 1,815p from 1,614p, Rio Tinto to 2,758p from 2,326p,
Xstrata to 1,769p from 1,580p, Randgold Resources (GOLD) to 793p from 777p, Peter
Hambro Mining to 952p from 876p and First Quantum Minerals (FM.T) to 1,694p from
1,582p. But cuts BHP Billiton (BHP) target to 941p from 954p. (DWE)
Contact us in London. +44-20-7842-9464

Why the negative re-rating after such an excellent update news? If the potential is anything up to 1.70 per share surely the recent good news isn't all in the price.

Maybe because of the 25% gain over the last few weeks, probably wanting consolidation?

No idea really just guessing.

Seen it all before and I am prepared to wait with this one.

ok guys what about this..........

when Numis said "hold" they meant while they reassesed

now here is the one they posted at 3.00pm today

JUBILEE PLATINUM* (45.5p) - BUY - target 61.5p (from 51p) - Madagascar
discovery adds potential upside value to South African pgm portfolio
Last Different Recommendation HOLD 10th October 2005

We have reviewed and considered the potential value of the Tjate platinum
project in South Africa along with the potential for upside from the recent
discovery in Madagasgar. It is our view that the Tjate platinum project
should justify the company's current market value of around 34m (US$60m)
leaving plenty of potential upside for Madagascar unrecognised in the
present share price.

Our peer group review includes Eastern Platinum and Platinum Group Metals.
Each of these companies hold platinum projects on the Bushvelt. If we
apportioned a pro-rata valuation to Jubilee based on their share of the
potential 66moz of platinum group metals then we could calculate a far
greater valuation for Jubilee Platinum.

Nice one chippy, I couldn't understand why they would have reduced their rating when Madagascar was confirmed. I was wondering if there was need for a placement to proceed further into production? Fall today by nervous investors or profit-takers has provided a good buying opportunity tomorrow.

That's better chippy2. Now let's see if we head off into the blue again tomorrow.

Phew.

Did you write that?

They dont need cash andy, they have enough for 18 months of exploration.

Glad that's sorted, really, thank you chippy2, I thought we had all we were getting.

I am much relieved.

No probs, got me worried too, glad I didnt sell, as a few did !

Well it's taken nearly all day, but we have movement up again.

IMO it should go beyond previous highs over the next few days....... cross your fingers.

250,000 Buy is encourging, wish I'd had the courage to top up yesterday at 43p.
Was out all day today and missed out.
SWW, I also thought they had enough cash but when I saw the first HOLD it set me wondering but Chippy cleared it up and I slept well !!!
Confident as you can with this one, there are so many opportunities and potential and should just take one.

I agree andy.

Minesite resume

Full end of year results out.....HUGE!!!

Loadsa

Whats HUGE , there's nothing in it that we don't already know

Scorch
The potential of JLP, the fact that you were aware of the companies full listings prior to this does you credit, but others like myself may be new to this share, when you say "we" am I to take it as the royal "we" or does it include the whole wide world except me of course. In any event the fact that SCORCH knows all about JLP does not make the potential of the company less HUGE.

Loadsa

Jubilee Platinum PLC
01 November 2005






1 November 2005



AIM: JLP

Jubilee Platinum Plc

('Jubilee' or 'the Company')





Jubilee and BHP Billiton Agree to an Airborne Geophysical Survey

over Adjacently Held Properties in Madagascar



Highlights



Jubilee and BHP Billiton have agreed to carry out a large-scale
helicopter Versatile Time-Domain Electromagnetics ('VTEM') geophysical survey
over each other's adjacently held properties in Madagascar



The survey will be funded by BHP Billiton, and the data from both
properties shared with Jubilee on an exclusive basis



Based on the results the parties may agree to enter into a joint
agreement for further development of any or all of their properties



BHP Billiton's Marolambo and Jubilee's Ambodilafa concessions together form a
large property, which is part of an extensive ultrabasic system. The properties
are located some 160 kilometres southeast of the Madagascan capital
Antananarivo.



Previous regional reconnaissance drilling by others in Ambodilafa, undertaken in
1969, intersected 93 metres of disseminated sulphides, containing pyrrhotite,
pentlandite and chalcopyrite (nickel and copper ore minerals), averaging 1%
copper equivalent. The intersection included a 1.5 metre intercept assaying
2.2% nickel and 0.35% copper. Later stream sediment sampling in 1990 defined
several drainage catchments in the area and showed anomalous platinum and
palladium values.



The VTEM method is state-of-the-art and is acknowledged as an excellent
prospecting tool for identifying anomalies related to massive sulphides.



Colin Bird, chief executive officer of Jubilee, said: 'We are delighted that BHP
Billiton has undertaken to fund the airborne geophysical programme and
subsequent interpretation of the data. This affirms our view that Madagascar is
highly prospective for base and platinum group metals and this activity,
together with our Londokomanana project, means that Jubilee is developing a
strong strategic position in Madagascar.'


Baza

Splendid news! This bodes well I feel.

Yes, it does.

Looking very good.