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Jubilee Platinum (JLP)     

Sooner44 - 15 Apr 2005 08:31

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

HARRYCAT - 19 Jun 2008 09:57 - 298 of 798

Although I know JLP are targeting other metals, just a note of caution over the future of platinum:
"Platinum demand by the automotive sector would have been much higher than 4.23 million ounces, except that the industry aggressively responded to the increasing input costs for platinum by remanufacturing catalytic converters for gasoline engines to use much cheaper palladium instead of platinum. Yet the automotive industry has not been able to substitute away from platinum as easily for its diesel engines catalytic converters. But with prices on the order of $2,069/ounce, the industry has a powerful incentive to invest in new technologies for emission control that will reduce the industry's need for the white metal.

With production of this scarce metal so heavily concentrated in one country, any disruptions in South African supplies of platinum would have an immediate effect on world prices. When South Africa experienced power shortages in March 2008 and had to curtail power to the platinum mines, the price of the white metal reached its all-time peak. Unfortunately, South Africa has an aging power infrastructure, so power shortages and temporary disruptions will likely persist for at least the next five years, if not longer. Even rumors of power disruptions in South Africa could trigger periodic spikes in platinum prices for years to come.

The crux of the issue for platinum holders is how the see-saw of prices, demand and supply will tilt in the coming years. According to many industry analysts, the current high prices and worries about "supply shocks" from disruptions in South Africa are rapidly pushing industrial users of platinum to look for other approaches. If prices stay high - or if a combination of power shortages, ETF demand and other factors push prices higher still - that could ultimately lay the groundwork for a significant long-term drop in prices and total demand."

chessplayer - 14 Aug 2008 11:32 - 299 of 798

jubilee certainly has tanked,but in common with most mining stocks seems to now be on the up.
What is the outlook.
up over 10% today

R88AVE - 14 Aug 2008 21:33 - 300 of 798

Looks like a good double bottom breakout has occurred. Have I missed the boat?

hlyeo98 - 11 Sep 2008 19:13 - 301 of 798

Chart.aspx?Provider=EODIntra&Code=JLP&Si

hlyeo98 - 29 Sep 2008 18:37 - 302 of 798

23p as platinum price has dropped miserably. No demand as China is feeling the crisis too.

poo bear - 29 Sep 2008 22:51 - 303 of 798

Good of you resurrect some of these long forgotten great prospects.

Any more?

BB. perhaps?

(joking, what went her I wonder? erm....... recession of the world perhaps?)

It'll be the sandwich bars that feel it next I fear, time to sell bacon butties.

halifax - 06 Feb 2009 17:07 - 304 of 798

Colin Bird is at it again with news that JLP has discovered gold in Madagascar wow! What happened to the fantastic platinum discovery in South Africa?

chessplayer - 08 Feb 2009 11:57 - 305 of 798

Still one to keep an eye on though.Let's hope that it's not Fools Gold!

halifax - 18 Feb 2009 17:33 - 306 of 798

More boreing news today!

required field - 18 Feb 2009 19:36 - 307 of 798

You can put this one in an Isa....but it never seems to get going....sooner or later it will go up but when ?.

chessplayer - 20 Mar 2009 11:50 - 308 of 798

Does anybody hold any hopes of a recovery for jlp?

chessplayer - 15 Apr 2009 08:25 - 309 of 798

Price now up by half to 12p in the last few weeks.
Still only a tenth of its' price of 2 years ago.
Any buyers out there?

HARRYCAT - 15 Apr 2009 08:55 - 310 of 798

Strange that this one doesn't follow the same path as AQP.
Company is loss making & also seems to be doing endless feasability studies with little product actually coming out of the ground. AQP much better play, imo.

required field - 15 Apr 2009 08:59 - 311 of 798

Somebody will snap this up or a tremendous investment could be coming from a major !.

HARRYCAT - 15 Apr 2009 09:01 - 312 of 798

Is that comment based on fact or just hope? I assume you are a long time holder RF.

required field - 15 Apr 2009 09:21 - 313 of 798

Been in and out many a time, but bought back last week as I noticed upwards movement on the stock !.

required field - 15 Apr 2009 09:40 - 314 of 798

We all talk about KAH and their massive uranium deposit but little Jubilee here has a big platinum deposit in the ground and 5 million or so in the bank.....uranium is the flavour of the month, but these metals take turns in rising and JLP's turn could be coming !.

chessplayer - 15 Apr 2009 09:56 - 315 of 798

Shares mag was very bullish maybe a year ago,but like all the mining stocks was really clobbered. Up until now,unlike most other mining stocks, have seen no recovery.Maybe some rebound is overdue

required field - 08 May 2009 09:59 - 316 of 798

Here we go ! nice rising trend now from Jubilee at long last and not too surprising when you consider the the value of their deposits in the ground, ...good little Isable stock here, ...does wonders for the portfolio !..

queen1 - 09 May 2009 21:56 - 317 of 798

I've been a holder from 32p up to 120p and then back to the sub-10p trough, selling bits & pieces on the way. Good to see it starting to climb again now.
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