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Jubilee Platinum Concentrator announcement: enough to halt the share slump?

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- Tom Winnifrith

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…

The company has announced it has entered into an agreement to utilise the concentrator at Platinum Australia’s Smokey Hills project in South Africa – with it committed the full capacity of the concentrator for a minimum of 8 months and the parties having commenced formalising a toll processing agreement.

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